I was especially interested in the stock market element. * The This is for Capitalism 2 Lab = This is an interesting game. * Interesting simulation, takes into account macro economic factors.
I was especially interested in the stock market element.Īs far as an economic simulation, seems sound enough. This is for Capitalism 2 Lab = This is an interesting game. In fact, it's been used as a simulation exercise for business students at Stanford University. Critics call it a deep involving game that could test even the sharpest business document. First-time players can choose a challenge like, the world in your hands, where you manage a research and development lab out to post annual revenues of $400 million, and as you take on the competition, that's when the real drama begins.But "Capitalism" is no Business 101. Move your assets to turn an upstart into the most profitable company in the world. Even the desk jockey can claw his way to the top in "Capitalism," the game.Hong Kong game developer Trevor Chan just released the follow-up to the award-winning original, but the objective is the same. They have the billion dollar market cap, the brand, and the empire, while the rest of us spend our lives toiling away in cubicles with no chance to ever run the show. "They prove that computer games aren't just about shooting things but can also be educational." CNN - 22nd May 2002 Kristie Lu Stout, CNN Correspondent Some guys have all the luck. "Simulation games are a fun way to learn about anything," he says. Chan is hoping that Restaurant Empire and Hotel Giant will also be adopted for training and education. Because of its high degree of realism, the game has been used by professors at institutions like Harvard and Stanford Universities to help students learn basic business principles. Like Virtual U, Capitalism has made the leap from game room to classroom.
Far Eastern Economic Review, SeptemThe mass market isn't the only audience for Chan's games. The game even allows a player to hire presidents to manage the day-to-day operations of different divisions so the player can concentrate on the big picture.
But by adjusting several factors-competency and managerial style of the computer-controlled rivals, for example, can be varied from very aggressive to conservative-gameplay can be suited to various styles and speed. As such, it could easily overwhelm novices. With so many possibilities, Capitalism is an intense strategy game, much like chess, where players must constantly think ahead. As in the real world, players compete locally, in one city, or fight it out on the global stage. For a truly adventurous and time-consuming game, players can mix and match industries as captains of giant conglomerates. Players can choose to compete against computer-controlled rivals in four different industries: farming, manufacturing, raw material mining, and retailing. It can be a fun and useful exercise for anyone who wants to test their entrepreneurial mettle without, for once, taking any risk. In particular it's gratifying to me to see that the game rewards thinking about sources of long-term competitive advantage, be it from brand recognition, low production costs gained from learning-by-doing (a nice touch!), a monopoly on high quality inputs, or a big technological lead." Businessweek, OctoCapitalism isn't just for those who aspire to be the next Michael Dell or Sam Walton. Not all aspects of it are realistic, but enough of them are that many sensible strategies are encouraged. Gamers not only learn the subtleties of growing an entrepreneurial business but also learn about leadership and team building necessary in any business situation." "Capitalism is very realistic and will allow the dynamics to change depending on whether you're selling a cola product, which is sort of a low tech-branded consumer good, or whether your selling consumer electronics or a PC." Professor Drew Fudenberg Harvard University "This game does an excellent job of modeling many of the key aspects of modern business. Gamers not only learn the subtleties of growing an Review abstracted by Professor Thomas Kosnik, Consulting Professor, Stanford School of Engineering, and Lecturer, Harvard Business School, Technology Today, CNBC-TV Cable "Capitalism is a world class, hands-on learning experience which I've used at Stanford School of Engineering and Harvard Business School. Review abstracted by Professor Thomas Kosnik, Consulting Professor, Stanford School of Engineering, and Lecturer, Harvard Business School, Technology Today, CNBC-TV Cable "Capitalism is a world class, hands-on learning experience which I've used at Stanford School of Engineering and Harvard Business School.
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