Capitalism and freedom

 

 

Does capitalism promote or undermine individual freedom? Is capitalism best
understood as a system of exchange or a system of production? Compare and contrast
Friedman and McNally on their respective conceptions of capitalism, individual freedom
and the relation between them. Use Le Guin to illustrate your understanding of these
opposing views.

Sample Solution

Capitalism and freedom

Capitalism is an economic system founded on the private ownership of the productive assets within an economy. These include land, labor, and all other tangible property as well as intangible property. Individuals are free to make decisions regarding the use of their property, with the sole constraint that they do not infringe upon the property rights of others. Capitalism is the only politico-economic system based on the doctrine of individual rights. This means that capitalism recognizes that each and every person is the owner of his own life, and has the right to live his life in any manner he chooses as long as he does not violate the rights of others.

 

 

 

 

 

 

 

Authority is significant in any setting where individuals plan to be fruitful and profitable in their work. In the setting of nursing, authority is something that is required to be certain patients are getting the most ideal consideration, to guarantee that no missteps are being made, and to have appropriate appointment between medical clinic staff with the goal that assignments done by staff don’t surpass anybody’s extent of training.

Initiative Qualities

At the point when I think about a pioneer, I consider somebody who has numerous long periods of involvement with the division they are driving, is a cooperative person, tunes in to everybody’s interests, and is entirely educated in the kind of training they are driving. In the article Leadership Traits from The American Library Association, a pioneer is characterized as somebody who: has resistance for stress, self-assured, self-taught, underscores organization, tunes in, realizes how to assign, and has competency – just to give some examples (NMRT, 2018).

My Observations

The medical attendant that I saw in a clinical setting is a medical caretaker that I work with in the Bellin Emergency Department (ED). This medical attendant has been working at Bellin in the ED for more than 25 years. During her days of work, she will fill in as either a story nurture, triage medical caretaker, or charge nurture. Every one of the three of these positions expect her to be a decent pioneer, despite the fact that the charge nurture position is the most expecting of initiative. The particular perception that I am going to discuss is one where she was the charge nurture on a bustling movement in the ED, seeing more than 8 medical caretakers and 2 CNAs.

During the move, she got a squad call from EMS, expressing that they were acquiring a patient who was having a STEMI. With something so perilous and time touchy as a STEMI, she expected to have extraordinary initiative to guarantee the most ideal consideration for this patient. The subsequent she got off the telephone, she had communicated a code STEMI, expressing the kind of code, patient’s ETA, and patient initials to the entirety of the ED staff, ED suppliers, the Cath lab, and the SWAT nurture. She promptly assigned the CNA to get and have prepared an EKG and telemetry unit upon the patient’s appearance. She informed the RN that would be essential medical caretaker and the MD of the patient’s present condition. When the patient showed up, she disregarded the code, guaranteeing that nothing was missed, and appointed assignments to the proper staff.

Authority Style

The sort of initiative style that the charge nurture utilized is absolutist. Despotic pioneers settle on brisk choices without taking contribution from others. This sort of authority is valuable in code circumstances where choices should be made quick, however in different circumstances, when imperious initiative isn’t essential, this kind of administration can be disheartening (MindTools, 2016). In the circumstance I watched, dictatorial authority was fitting and extremely successful. This administration was successful due to the regard staff has for her, and the time-affectability of the circumstance. All staff did precisely as she said on the grounds that they knew the seriousness of the circumstance and that there was no additional opportunity to question. The attributes that this medical attendant showed incorporate however are not constrained to: resilience for stress, legitimate designation, and competency. Code circumstances are unpleasant and she didn’t let the pressure influence her first class basic leadership aptitudes. She designated undertakings to staff and didn’t appoint anybody to carry out a responsibility outside of their extent of training. She has been a crisis nurture for a long time, over her years in the ED, she has increased a gigantic measure of involvement with code circumstances that helped her lead the group viably.

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