Government in a Capitalism Structure Essay Example | Topics and Well Written Essays - 750 words

Government in a Capitalism Structure - Essay Example faire capitalism occurs when the economic surrounding in which transactions between private parties are free from the influence of government subsidies, restrictions and tariffs and only have regulations that are meant to protect their property rights. Welfare capitalism involves the practice of businesses that provide welfare services to the employees of their organizations and State capitalism is a type of capitalism where the business activities are undertaken by the state that organize and manage the means of production. Government owned businesses dominates state capitalism and they receive a lot support from the States unlike other private owned businesses. This paper is going to scrutinize the interlocking role of the government in a capitalism structure. The government affects the capitalism structure both positively and negatively hence, their roles could be appreciated depending with the influence they have to business enterprises and citizens. Roberts (2010) stated that the role of the government in the capitalism structure is to protect the citizens from the businesses that use force and fraud and ensure that the people are protected. Government protects individuals by ensuring that their rights are respected by business enterprises. Roberts (2010) stated that the government applies the use of the military to ensure security of citizens in cases of foreign aggression, police force to maintain law and order in their countries and court systems to settle disputes and enforce contracts among citizens. Commons (2006) stated that the government makes regulations on services and products to ensure that citizens are safe from harm. This is happens especially when the government restricts the use of certain materials that could harm the health of the citizens. The private businesses have an obligation to manufacturer materials that are environmentally friendly to avoid causing harm to the citizens. The government ensures that gases produced by private

IT Commentary Presentation PowerPoint Example | Topics and Well Written Essays - 500 words

IT Commentary - PowerPoint Presentation Example American Express Service, the Verizon Wireless IOS Smartphone, the near field communications technologies and the USA technologies- The company has designed a cashless payment, a wireless payment and M2M telemetry technology for use in the vending machines. Over 62,000 vending machines using eport connect cashless payment and USAT’S eport point- of-sale devices have got the ISIS smart tap technology enabled. The technology is meant for rewards access, loyalty programs and contactless payments (Mobile Payments Today, 2013) The NFC technology uses wireless means to exchange data between an NFC -enabled device and other devices. Verizon customer can use the Android Smartphone as their wallet that safely stores the virtual versions of their debit cards and credit cards. It also serves as a home to coupons, loyalty cards and some other special offers (Mobile Payments Today, 2013). For one to use the ISIS mobile wallet he/she require the following materials; A T-Mobile Advanced SIM Card which is capable of information storage and protection, regarding payments and any other sensitive wallet details. There is also need for An ISIS enabled Smartphone that has support the NFC technology in the transfer of payment details at a check point. A major setback for the new subscribers is that you will have or need to purchase a new Advanced SIM, which could be costly (Bunton, 2013). Some of the locations where this ISIS Mobile Wallet can be used include; Office Deport, Coca-Cola vending machines, American Apparel, T-Mobile and many others. This mobile app enables the users to store the virtual versions of their staff in there wallets, in the Smartphone. The app enables the customers to maintain their loyalty information, payment information, money saving offers and discount information in one place that is convenient. For example; New American Express Service Account holders who sign for an account through the ISIS Mobile wallet by the end of the month of June will receive