Socialism Essay Example | Topics and Well Written Essays - 750 words

Socialism - Essay Example Marx argues that unlike capitalism, which promotes competition the quest to make as much profit as possible as well as undercut ones rivals and if need be drive them out of business, communism promotes corporation (Marx 276). This is a reasonable point; in fact, one of the main challenges of capitalism is the high competition which at times results in the ruining of business by their rivals. Additionally, since this is spurred by the need to maximize profits these capitalism ultimately ends up exploiting the workers who are sacrificed for the sake of bigger profits. His critique of private property is also very well thought out and if it were adapted, it would solve much of the conflict that occurs in capitalism dominated world as many people struggle for the few available resources. He argues that limiting private ownership would render irrelevant the need for individuals to exploit others in the quest for wealth since all would be owned collectively, he suggests that if all propert y was taken away from the hands of a chosen few, it would eliminate the desire and even reason for exploitation. Ideally this would be true, however the premises under which such a situation can be applied cannot exist under normal circumstances. Consider if property was communally owned, it would need to managed and developed and some people would have more responsibly than others in those duties. A skilled engineer will likely have to work harder and longer in a factory than a non-skilled laborer for instance, as a result, if we follow Marx’s argument to its logical conclusion, It would mean that those who do most of the work and those who hardly contribute at all would own equal shares in the property. Ultimately, it would not result in elimination, but simply inversion of the exploitation, this is because, there are those who will be working hard and getting the same amount as those who do not put in nearly as much effort. The argument against Marx’s position on pr ivatization of property can also be applied on the concept of equality in division of labor where ideally everyone would get the same wage, eventually, someone will be exploited. This is because the assumption that equal distribution of labor and pay can be achieved does not take to account the improbableness of equality of skills and responsibility. This argument flies in the face of logic and as aforementioned can only be envisioned in an utopian society; the main reason why communism has failed to take root in any society apart from direct opposition by capitalism is its inherent unsustainability. In Marx’s assumption, communism disregards the fact that its main tenets are directly in opposition of the very nature of the humans it intend to exist in it. Human beings will always want to compete with each other there will always be classes since we cannot be all equal. Capitalism gives people the freedom to compete and lord over each other, in as much as it is exploitative t o the workers, the same would be said of communism owing to the evident impossibility of logically dividing labor equally in a society whose populace possess unequal skills. While taking cognizance of the fact that Marx is right in many ways about the unequal and exploitive nature of capitalism, his conjecture on communism does not essentially provide workable alternative to capitalism. Rather

ODCE model tax tready Essay Example | Topics and Well Written Essays - 1000 words

ODCE model tax tready - Essay Example In this regard, GoodFood Inc. has been identified to be conducting operations in different States owing to which the company is taxable under the OECD model2. The term Permanent Establishment (PE) in Article 5 is used for tax treaty purposes. PE is a concept of tax that indicates the business level in the Source State. It also involves in various other treaty provisions. Alternative provision found in paragraph 42.43 of Article 5 of the OECD model implies that foreign enterprises should be present more than 183 days, but it is not necessary to have a specific place of business. The alternative provision does not require specific time, but it is necessary to fix the place of business. In this respect, according to the provision, GoodFood Inc. is not taxable, as the date of business commencement is not mentioned3;4. The UN model is used as a tool in international tax treaty negotiations in developing and developed countries for managing tax issues. The role of this model is to allocate taxing right between the residence jurisdictions and source jurisdictions. This model allows larger source taxation. It is also referred to as ‘double taxation convention’. The OECD model allows more exchange of information and this mode involves in the every kind of taxes and description while the UN model only involves taxes in the model. However, the provision of exchange information is similar to both models. Thus, based on the UN model, GoodFood Inc. is taxable5;6. The services PE provision in Article 5 of OECD model is used for tax treaty purposes. The services PE provision requires foreign enterprises to be operating more than 183 days in a twelve month, but not necessary to have a fixed place of business. The main commitments of PE provision are to provide a taxation right to the Source State. This provision is essential for several articles, but is important for article 7, which is included in industry profits. In this respect, it can be stated that