Transcript Future Of Capitalism--Administrative Assistant

Future Of Capitalism-Administrative Assistant
Melissa K. Khang
Bellevue University—Flexxive Program
FMGT 315 Spring/Summer Semester 2015
Table Of Contents
Abstract
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Capitalism as we know it has been in a direction of which is consumed by
greed rather than a world of protection. I believe that the future of
capitalism is insistent on a new evolution or become a new system that will
consist of new ideas surrounding new energy structures, systems of
consumption and production, new technologies, new jobs, and a more
positive outlook of becoming a better democratic society.
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With some new laws being passed and what-not, people’s views are starting
to matter. These choices of the people are slowly starting to see change in
how the world is going to operate.
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Thus, with the slowly emerging laws, change will soon be coming.
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Keywords: future of capitalism, capitalism, productions, consumption,
systems, economy, reforms, laws, leaders, the people, jobs, unemployment
rate,technologies
What is Capitalism?
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“An economic and political system in which a
country’s trade and industry are controlled by
private owners for profit, rather than by the
state” (Google).
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Capitalism is a system that is based on the
individual rights of the people. It is the
economic system of laissez-faire.
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“The moral justification for capitalism lies in
the fact that it is the only system consonant
with man’s rational nature, that it protects
man’s survival qua man, and that its ruling
principle is: justice.” – Ayn Rand.
Capitalism and Its Roots
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Capitalism started in the South when slaves were still acceptable.
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“Fertility rates are lower and is below the replacement level” (Horner, 2014).
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This capital world is not so beneficial as it once was. With the excessive
material polluting the natural resources of the world, we are running out of
resources for the population to consume.
Capitalism and Its Roots
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The increase in the gap of income inequality is becoming larger and larger.
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So “yes, capitalism is working… but only for those billionaires that vastly
controls the majority of the nation’s wealth while the income of American
workers decrease” Farrell, 2013).
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Due to the children’s lower-social economic lives, these children do not have
the capacity to have larger dreams and goals in their lives. Even with equal
learning and education in school systems, some are unable to function as well
as others.
Faults of Capitalism
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Because the middle class is who drives the
economy, more and more businesses are not
surviving since the middle class base is decreasing.
This is in effect since the unemployment rates are
increasing.
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The middle class is the one that is leading the
economy ahead. The supply and demand chain in
today’s society is changing by the second.
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Everywhere we look, we are dominated by
markets in every corner. As we look at health, the
medical field is what fuels the hospitals.
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“Capitalism governs the whole of life” (Farrell,
2013).
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As the disparity of wealth increases over time, it
will soon corrupt the morals of daily life since
more and more people are unable to afford a
living.
Capitalistic Growth of Administrative
Assistants
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Less education was required compared to the two year degrees and four year
degrees that are more of a requirement in today’s jobs.
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Less skills were needed in the past if you were to compare them to today’s
ever-changing technologies.
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These Assistants used to just take orders. Instead, they are now being
included in decision-making processes and project management assemblies.
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Because of the variety of our skills having expanding to everyday skills needed
to control an office full of things needing to be completed, more and more
jobs in this market is being called in demand.
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Administrative Assistants went from supporters to management levels.
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The base pay in this market has grown tenfold due to abilities, skills, and
knowledge.
Educational Value and Skills of Trade
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As Lynn Forester of Rothschild had said, “there are more and more individuals
where they don’t have the skills necessary to get the jobs that companies are
offering.”
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Even with the educational background and the skills learned through hands-on
experience, jobs are still unattainable by those that are most qualified for
the jobs.
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For instance, I believe that I have the qualifications to become an
Administrative or Executive Assistant. With all that I have experienced and
gained knowledge of, I have the necessary skills in order to achieve my career
goal in life. But due to other’s expectations, we are unable to achieve those
goals since others have their own opinions in those who get hired.
Administrative Assistants and Their Roles
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In this market of jobs, this competitive job is self evident that requirements
are consistently changing due to technology.
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With the ever-changing ways of learning what it takes to become an
Administrative Assistant or higher, it seems hard to always having to keep up
with the changing titles no matter what skills or knowledge we have.
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In retrospect with the main ingredients of an Administrative Assistant, it
consists of:
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Oral and written communication skills
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Customer service
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Personal appearance and attitude
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Team player and individual
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And etc…
Administrative Assistants and Their Roles
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In becoming a professional in this market, requirements need to be met in
higher educational schools:
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Computing Studies
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Economics
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History
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Mathematics
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Business
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Technologies
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Specializations in office skills
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Project management
Ever-changing Roles
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With the slight depression that we went through a couple of years ago,
leading positions were being laid off. With these people getting laid off, jobs
were being handed to assistants since it was “cheaper” to afford them to get
the job done. With the workload increasing tenfold, assistants were still able
to carry out the workload because that is what we assistants are trained to
do.
Conclusion
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With the way things are looking, administrative assistants will have a boom in
the job market. But as for the skills and knowledge necessary to obtain this
title, it will take at least three to five years in the making.
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The indifference in the income inequality is very disparaging since it seems to
be increasing. Even though wages have gone up n some parts of the world, it
is not to say that it will help since it only happened in parts.
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We will be seeing a new future to capitalism soon since it is unsure to say that
this very capital at the moment is secure with the way things are moving.
References
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Dieker, N (10 November 2014). Executive Assistant Jobs: How This Career Will
Change in 2015 and Beyond. retrieved 20 June 2015, from Brazen Careerist Web
Site: http://www.brazencareerist.com/blog/2014/11/10/executive-assistantjobs-career-will-change-2015-beyond/
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Farrell, P (29 April 2013). Capitalism is killing our morals, our future.
Retrieved 20 June 2015, from Market Watch Web Site:
http://www.marketwatch.com/story/capitalism-is-killing-our-moralsour-future-2013-04-27
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Horner, C (16 December 2014). New Economy 2015: The Future of Capitalism.
Retrieved 20 June 2015, from Collective Evolution Web Site:
http://www.collective-evolution.com/2014/12/16/the-future-ofcapitalism/
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My Future, (N.A.). Administrative Assistant. retrieved 20 June 2015, from My
Future Web Site: http://myfuture.edu.au/explore-careers/browseoccupations/details?anzsco=531111A