Trilogy desire

UZBEKISTAN STATE UNIVERSITY OF WORLD LANGUAGES


THEORY AND PRACTICE OF TRANSLATION FACULTY


Course paper


Theme: AMERICAN CAPITALISM IN THEODORE DREISER`S “TRILOGY DESIRE” – “THE FINANCIER”, “THE TITAN”, “THE STOIC”

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Tashkent 2022
AMERICAN CAPITALISM IN THEODORE DREISER`S “TRILOGY DESIRE” – “THE FINANCIER”, “THE TITAN”, “THE STOIC”


CONTENTS:

	Pages
INTRODUCTION	3
MAIN PART	6
1. Characters of American capitalism	6
2. Theodore Herman Albert Dreiser as an American novelist and journalist	12
3. Works and novels of the Theodore Dreiser	16
4. American Heritage in Dreiser`s novels	20
CONCLUSION	22
REFERENCES	24

INTRODUCTION
Capitalism has contributed to remarkable achievements in economic growth and prosperity throughout its history. But at a time of growing public discontent with rising inequality, increasing competition from different model economies, and existential threats including climate change, Capitalism in its current form — and American capitalism in particular — may face its most serious test yet.
Discussions about change began well before the COVID-19 pandemic. At a time when many feel left behind by globalization, the impact of technology and other trends, and as inequality grows, criticisms of capitalism in its current form getting bigger and bigger. Calls for reform – from correction to radical change – came not only from economists but also from business leaders; For example, the American Corporate Roundtable, which represents the CEOs of the largest US corporations, in 2019 redefined the company's purpose to go beyond shareholder service to realignment. make commitments to all stakeholders, promoting "an economy that serves all Americans." The pandemic has highlighted the old and new challenges facing America's model of capitalism. Policymakers from across the political spectrum and business leaders, as well as leaders of multilateral organisations, have called for changes towards inclusion, resilience and more equitable.
The rise of American capitalism will not be new. Indeed, capitalism has evolved in line with changing nature of the economy, including the roles of capital and labor, trade and monetary policy, and changing ideas about mainstream economics. treat. The neoliberal model of capitalism present in the United States today and to varying degrees in other Western economies took shape in the 1960s and 1970s. Milton Friedman's 1970 article for The New York Times, in which he asserted that "the social responsibility of companies is to increase their profits", is often cited as the defining moment of this change. That in itself was a departure from Keynesian economics, which became the standard model in advanced economies after the Great Depression of the 1930s. Today, we may be ready for another such change. American capitalism faces the question of the nature and extent of change needed to ensure growth and prosperity for all in the 21st century.
America's brand of capitalism - the version that has been around for about half a century - has produced unprecedented economic growth and prosperity. GDP per capita has more than doubled in the past 50 years, while per capita personal consumption expenditure has nearly tripled, and there have been significant improvements in life expectancy and leisure time. The private sector - businesses large and small and entrepreneurship - is at the heart of the American model of capitalism. In a forthcoming article, we list the private sector's contributions to America's economic growth and prosperity. These include a quadrupling in the contribution of domestic businesses to US GDP per capita, even as domestic businesses have shrunk by 85% to 75% of net national income. . Nonfarm business activities account for 71% of the US economy's value added (excluding real estate) and 64% of salaried income. As the economic driver, businesses account for 83% of technology investment, 76% of R&D investment, and 81% of US labor productivity growth in the 21st century.