McDonaldization

McDonaldization, is the term Ritzer derived from the McDonalds’ fast food chain to describe the state of our society. Ritzer claims our social institutions have become completely dehumanized in the form of a bureaucracy. Health care is an example of one institution that is characterized by the four components of bureaucracy: efficiency, predictability, control and…

Essay: Problems of Modernization in Developing Nations

The economic situation which exists in the developing world today, is the result of the relationship between the modern, and developing nations of the world.  Modernized nations benefited from this relationship because it gave them access to natural resources. However, because of this relationship, many developing nations now suffer from severe problems.  These nations are…

Alexander and Baldwin: History of (A&B)

Alexander & Baldwin, Inc. (“A&B”) is a diversified corporation with most of its operations centered in Hawaii.  It was founded in 1870 and incorporated in 1900.  Ocean transportation operations and related shoreside operations of A&B are conducted by a wholly-owned subsidiary, Matson Navigation Company, Inc.(“Matson”), and several Matson subsidiaries, all of which are headquartered in…

The Economics of the National Hockey League: Summary & Analysis

J.C.H. Jones’s article “The Economics of the National Hockey League” (1969)purpose is to explain through simple micro economics that the prime motive of professional hockey team owners is profit maximization. The owners argue that their main interest is “for the love of the game,” not the financial benefits of owning a professional sports franchise and…