POLC37H3 Critical Analysis Paper Due: Dec 13th (by end of day, 11:59 PM EST via Turnitin) Your task in the paper – the criteria you will be evaluated according to – are the following: • • •...

GLOBAL JUSTICE
Table of Contents
Overview of the Articles    3
Comparative Analysis    4
Comparison of the Thesis Statements    8
References    12
Overview of the Articles
This paper focuses on the critical analysis of the works of two thinkers Streek and Moyn. Both the articles focused on the transformation of the political and social climate in the global scenario and have effectively focused on the virtues of marketing mechanism that turned out to be one of the significant issues in terms of the economic social and political structure of the state. The article of Streek focuses on the crisis of Democratic capitalism and has upheld the failing systems of capitalism in the modern economy.
The article of Moyn focuses on the aspects of global ethics and inequalities that persist in the global economy which has an effective influence on human rights in the unequal world. The article effectively points out the inequality that passes in terms of Human Rights reflects not just the political inequality but has a direct relationship with the economic structure of the society.
The economic aspects are influenced by the exogenous variables of political structure and the governance structure of the state. Both the articles have deliberately focused on the evolution of events that transformed the political structure which has effectively disrupted or developed the political structure.
The aspect of political structure has influenced the overall economic realm and inequalities that persist in society. This paper focuses on the critical analysis of both the articles about the crisis of democratic capitalism and the aspects of global ethics in terms of global justice that is reflected not only in the social structure contemplated by the aspects of human rights but also economic rights in the way of dissolving capitalism and reviving the aspect of democratic nationalism.
Comparative Analysis
Streek argues about the transformation of political structure owing to the changes in the economic aspects of the society. He argues in his article how the political spaces changed accordingly with the changes in the economic variables and the economic structure. The political and economic sciences are two sides of the same coin and it is evident from the article that the political structure of the entire globe is dominated by the transformation of the economic structure of the society. This aspect of the parallel between politics and economics is effectively discussed in his paper.
While Moyn discusses the aspects of human rights and its direct and indirect and distinct approaches of the evolution of human rights as an aspect of political utopia. Both papers relate to the aspect of global justice in terms of economic justice and human rights in terms of political utopias that have evolved and ages.
Democracy capitalism which is also referred to as a market democracy gives a notion of a political and economic system that manifests the aspects of capitalism with strong social policies (Roos, 2019). The economic sociologists have inherently manifested that the economic crisis of 2008 has transformed the entire global economy and has held that crisis and changes in the political and economic structure are not just a temporary deflection from the steady-state but should be treated as an aspect towards stability.
Streek argues in his works that democratic capitalism was established only after the Second World War in North America and Western Europe. It is obvious that the period of Democratic capitalism has been characterized by uninterrupted economic growth and it is a fact that the aspects of democratic capitalism still form a significant aspect of modern capitalism. Literature and history have deliberately differentiated the aspects of capitalism and democracy.
The events in the 19th century as well as the events from the 20th century have manifested the political theories with the rise of class struggle between the bourgeois and the proletariats. It was significant that the rise of the theory of socialism and communism had stricken the bourgeoisie and the political rightists with the fear that the market structure of the private property and free markets shall collapse.
On the other hand, the political leftists fear that the capitalists can abolish democracy for protecting themselves from being governed by the majority. However, after the Second World War, it was obvious from the gradual evolution of the political structure that capitalism has to be made compatible with democracy. This aspect was well reflected in the works of Keynes and Kalecki.
The authored has deliberately conceptualized the aspect of democratic capitalism by two conflicting principles. Firstly, he considered the operation of the economy according to the marginal productivity (Purdy, 2018). This is a clear aspect of the operation of the free market forces. And the other was based on the social need and collective choices of democratic politics. In a democratic capitalist political structure, both aspects must contemplate each other.
It is obvious that if one aspect is neglected over the other then it may lead to consequences that fail to attend democratic claims for protection and redistribution...