Wednesday, December 25, 2019

Comparing Nietzsche And Freud On Crime And Punishment

Conception of civilization in Nietzsche and Freud in relation to crime and punishment Nietzsche critiqued modern civilization since the entire scheme of modern society went against his philosophy. Nietzsche was afraid modern society and religion would bring the individuals to nihilistic voids, as they would eventually turn into uninteresting herds of controlled animals. Nietzsche wishes the individuals to achieve self-awareness, in that individuals would act upon themselves for what they truly want, instead of following the social construct. This state of achieving the higher self was defined as being the â€Å"overman†, which was achieved by redefining one s world, in a purely personal manner. Thus in some sense, Nietzsche would agree that great men are â€Å"criminals† since they act in a way that is not deemed â€Å"good† in society and stay true to what they desire. As Nietzsche states, â€Å"A rebel can be a miserable and contemptible man; but there is nothing contemptible in a revolt as such--and to be a rebel in view of contemporary s ociety does not in itself lower the value of a man. There are even cases in which one might have to honor a rebel, because he finds something in our society against which war ought to be waged--he awakens us from our slumber† (The Will to Power, pg 391). However, the state often suppresses these â€Å"criminals† from acting as the overman by demanding rules, which create fear and guilt and prevent individuals from heightening oneself and also preventShow MoreRelatedOrganisational Theory230255 Words   |  922 Pagesorganizational democracy: a challenge to managerialism? Destabilized capitalism Employee alienation as the key problem Conclusions 387 392 395 399 401 404 405 408 412 413 414 416 421 Chapter 10 Perspectives and challenges Introduction Comparing the different perspectives A modernist perspective A neomodernist perspective A new-wave perspective A postmodern perspective A reflective perspective A critical theory and psychoanalytic perspective A managerialist perspective The paradigm debate

Tuesday, December 17, 2019

My Favorite Character from A Midsummer Nights Dream

I want you to think of something that you favor over something else. And you never want anyone to touch it because you don’t trust them, even you best friend. Or maybe the it is your best friend. What ever it is you know its easy to come up with reasons why you like it some much more than something else. Especially if it is a person. And that’s same idea applies to books or movies to. You pick your favorite character and its easy to say why theyre your favorite. Maybe there funny smart or cute it doesn’t matter. Here are three reasons that Helena is my favorite character from A Midsummer Night’s Dream: first because she is so devoted, second because she is so loving, and finally because I personally think she is funny. To start, the first reason that Helena is my favorite character from the story is because she is so devoted. When she told Demetrius about how Hermia and Lysander were going to run away together and he ran into the woods to stop them she fo llowed him. Demetrius even told her he didn’t want he to be there but she kept going. Helena is talking to Demetrius in the wood in Act II scene i lines 202-207 page 58 and says, â€Å"And even for that do I love you the more, I am your spaniel; and, Demetrius, the more you beat me, I will fawn you. Use me but as your spaniel; spurn me, strike me, neglect me, lose me, only give me leave, unworthy as I am, to follow you.† This is Helena saying that she doesn’t care what he says or does to her she will continue to follow himShow MoreRelatedHelena Is the Bomb652 Words   |  3 Pagesamazing, strong female character right? Arent those ones always the New York Best Sellers? Ya! It’s because they are always so good and inspiring. Those female characters like Bella and katniss just make these shows so much more interesting to watch. Shakespeare caught this element really well in his play A Midsummer Night’s Dream with his two strong female characters. Th e two female roles are Hermia and Helena which are both cool and I like but When it comes to picking my favorite it would have to beRead MoreRobins Epilogue in A Midsummer Night’s Dream3107 Words   |  13 PagesIn A Midsummer Night’s Dream, Shakespeare masterfully crafts a play with three very different viewpoints that can be interpreted, when woven together, in a number of ways that range from seemingly obvious interpretations to ones much more subtle. He ends the play with an apology that is just as elusive as the play’s interpretation. If one looks past the obvious, however, one can begin to piece together a possible message that mortals, no matter the power they hold on earth, are subject to far greaterRead MoreI Attended A Midsummer Night s Dream At Alley Theatre Essay2449 Words   |  10 PagesI attended A MidSummer Night’s Dream at Alley Theatre on 10/22/16. The play was written by William Shakespeare directed by Gregory Boyd and Dean R. Gladden . This play falls into the category of comedy, more specifically a romantic satirical comedy. You could even say its presentational, in the final scene during Bottom’s play a workman threw a plush dog into the audience and ran up to the person who caught it eager to get it back. This play was absolutely fantastic I enjoyed it far more than expectedRead MoreThe World Of Theatre Arts948 Words   |  4 Pagesarts is a magical place. Being able to take a story and make it come alive lights a spark in my heart. Every story brings a different kind of magic, with different characters, sets, and props. Every show is a change from the last one. The cast and crew list is reposted—a clean slate—with people switching roles like rich women switch shoes. I believe in this change. More specifically, I believe in changing my mind. Since the first day I showed up in Mr. Falch’s classroom in the eighth grade, I’ve beenRead More William Shakespeare Essay2763 Words   |  12 PagesStratford. Sadly, Hamnet died in August of 1596, and from that point forward we have no more information regarding his family until 1616, the year of his death. There are enough legal documents and theatre records, though, to know that Shakespeare goes on to possess a generous amount of real estate, hold shares in an acting company that built the Globe Theatre, and become a principal player in the acting group The Kings Men (A Midsummer Night’s Dream xxx-xxxi). There are many theories and stories floatingRead More William Faulkners Use of Shakespeare Essay5388 Words   |  22 Pagesindicate that from the beginning Shakespeare was the standard by which Faulkner would judge his own creativity. In later years Faulkner frequently acknowledged Shakespeare as a major inspiration and influence, once noting, â€Å"I have a one-volume Shakespeare that I have just about worn out carrying around with me† (FIU 67). Faulkner’s recorded interviews and conversations contain references to a number of Shakespeares works and characters, including Hamlet, Macbeth, Henry IV, Henry V, A Midsummer NightsRead MoreDeveloping Management Skills404131 Words   |  1617 PagesWeidemann-Book Credits and acknowledgments borrowed from other sources and reproduced, with permission, in this textbook appear on appropriate page within text. Copyright  © 2011, 2007, 2005, 2002, 1998 Pearson Education, Inc., publishing as Prentice Hall, One Lake Street, Upper Saddle River, New Jersey 07458. All rights reserved. Manufactured in the United States of America. This publication is protected by Copyright, and permission should be obtained from the publisher prior to any prohibited reproduction

Monday, December 9, 2019

Lectures Online A Intermediate Accounting -Myassignmenthelp.Com

Question: Discuss About The Lectures Online A Intermediate Accounting? Answer: Introducation In the annual books of QBE, different measures could be used for depicting the impairment charge, which could directly help in depicting the actual financial position of the organisation. Goodwill impairment charges are relevantly imposed on the carrying value if it exceeds the fair value. Furthermore, the impairment charge could directly be deducted from the income statement and balance sheet statement. In this context, Baskerville et al. (2017) mentioned that use of impairment charge could directly allow the organisation to reduce the value of intangible assets as per their fair value. The impairment expenses needs to be recorded in both statement of financial account, which could directly help in depicting the actual firm value. Therefore, the overall one time impairment charge of $150 million will be reflected in the income statement of QBE. However, the overall in payment charge of $600 million will mainly be charged in balance sheet of the organisation. Relevant decline in Good will From the annual report of the organisation could be witness in the balance sheet, where deduction of $600 million will be reported. The relevant imposition of one time in payment charge could directly reduce the profit level of the organisation. Chaney (2017) argued that companies use the impairment expenses to reduce the profit, which could directly help in improving the retained income and provide exemption from the tax. Hence, QBE could list the impairment charge and reduce the overall total assets of the organisation. Stating can QBEs use chairperson as an intangible asset, and disclose it in their financial statement: From the evaluation it could be identified that QBE wants to enlist the chairperson's reputation as intangible assets in the overall financial statement. However, according to IFRS 3 and IE16-IE44 individual persons cannot be listed intangible assets of an organisation, even if their absence could decline the share price for the organisation. According to the relevant rules it is identified that the work of the individual can be listed as intangible assets but the individual itself cannot be evaluated in annual books of the organisation. Initial Accounting for Internally Generated Intangible Assets, directly states that the programs, works, and other measures used by the chairperson could be enlisted as intangible assets of the organisation. For the more, in paragraph 33A it is directly stated that artistic related works such as please, television programs, and literary work can be considered as intangible assets. Nevertheless, the actual artist that created the work cannot be consid ered, as intangible assets of the organisation (Jermias 2017). Therefore, there is adequate proof that the chairperson of QBE cannot be listed as intangible assets in their financial statement. OConnell et al. (2016) stated that persons cannot be evaluated on monetary terms, which is why financial statement does not include reputation and other honorary work of an individual. Furthermore, the organisation could directly use customer related, marketing related, contract based, and technological based criteria for enlisting in their intangible assets. Hence, QBE could not accommodate the reputation of its chairperson as the intangible assets in its annual report. Mentioning the reimbursement that might be enjoyed by Lion Nathan with leaseback transactions and sale of pub: The evaluation of the case directly indicates that Lion Nathan could effectively improve its financial capability if it uses the leaseback transaction after selling the pub. There are two types of benefits that could be obtained from the sale of the pub. Firstly, an increment in the cash reserves of the organisation could be seen, which could directly increase the chance for supporting future projects. Secondly, the organisation could use the leaseback strategy for reducing the overall tax expenses, as relevant exceptions are provided by the authority for leaseback assets. Therefore, relevant benefits could be identified from the use of leaseback transaction made by Lion Nathan for its pub. Rossing, Johansen and Pearson (2016) mentioned that relevant reductions could be identified if the organisation uses the lease option, which could be helpful in improving its retained income. Therefore, it could be assumed that Lion Nathan could directly improve the overall profit generation capac ity by using leaseback method, which might help in increasing cash reserves and reducing tax pay of the organisation. Mentioning the use of finance or operating lease for Lion Nathan: Finance lease option is one of the best measures, which could be used by Lion Nathan, as it helps in reducing the Taxable income by deducting both interest and depreciation of the Asset. Moreover, the finance lease also allows the organisation to enlist the leased asset in their balance sheet for increasing total assets of the organisation. Hence, the use of Finance lease could directly allow Lion Nathan to improve its financial position and operational feasibility. However, the use of operating lease option could only allow Lion Nathan to reduce the income statement with interest expense. Operating lease does not provide any kind of benefits as finance lease, where no incremental in capital assets can be seen and no deduction of depreciation can be identified in the annual report. Thus, the use of operating lease could not allow Lion Nathan to generate the relevant benefits which would be provided from finance lease option. Shawver and Miller (2017) mentioned that companies with the help of finance lease are able to maximize their retained income and capital assets as the leased asset is enlisted in its annual report. Depicting whether Lion Nathan account for any profit or loss on the sale of the pubs: From the evaluation it would be identified that Lion Nathan needs to reflect the sale of pub in its annual report on all the three accounts the balance sheet, income statement and cash flow statement. Lion Nathan could have two aspects from the sale of pub, where it could attain loss of profit from the same. Any of the circumstances will directly reflect on all the three accounts of the annual report. The balance sheet the organisation will directly reflect the reduction in capital assets, where relevant total assets will directly decline. Moreover, any kind of profit or loss that is incurred from the sale of land will reflect on income statement, where it will be added or deducted from the overall revenue generated from operations. Lastly, in the cash flow statement the overall benefit or loss that is obtained from the sale of pub could directly reflect as incremental cash or deficit. Smith (2017) mentioned that assets of an organisation could only be sold after thorough evaluation, where selling of the asset could provides relevant benefits to the company. Mentioning the change in depreciation if pubs are sold and then leased back by Lion Nathan: The relevant depreciation value needs to be changed for the asset, as Lion Nathan will directly sell the asset and procure it on lease agreement. This relevant measure needs to use the actual value of the Asset on which it is sold, as depreciation is always calculated on the purchase value or in this case lease value. Lion Nathan is also using Finance leasing method, which could allow the organisation to enlist the Asset in its balance sheet and charge depreciation and its income statement. Therefore, the depreciation will mainly reflect the actual amount in which the asset is purchased or the lease amount. Hence, the depreciation value will eventually change for the pub and will be enlisted in the annual report. Wen (2016) stated that the use of adequate depreciation method eventually allow the organisation to reduce the tax liability and increased retained income. Reference Baskerville, R., Carrera, N., Gomes, D., Lai, A. and Parker, L., 2017. Accounting historians engaging with scholars inside and outside accounting: Issues, opportunities and obstacles.Accounting History, p.1032373217732349. Chaney, P.K., 2017. Discussion of Accounting quality and loan pricing: The effect of cross-country differences in legal enforcement.The International Journal of Accounting. Freeman, R.E., Greenwood, M., Christensen, A.L., Cote, J. and Latham, C.K., 2016. Numerous researchers have investigated accounting students levels of moral reasoning, ethical choice and judgment employing the Defining Issues Test (DIT) and using its P score as an indicator of moral reasoning. Not surprisingly, a number of DIT studies report conflicting results. Moreover, despite widespread use of the DIT, there is concern that it may not adequately measure all facets of ethical...Journal of Business Ethics,133(1), pp.141-163. Jermias, J., 2017. Development of management accounting practices in Indonesia.The Routledge Handbook of Accounting in Asia, p.104. OConnell, B., De Lange, P., Freeman, M., Hancock, P., Abraham, A., Howieson, B. and Watty, K., 2016. Does calibration reduce variability in the assessment of accounting learning outcomes?.Assessment Evaluation in Higher Education,41(3), pp.331-349. Rossing, C.P., Johansen, T.R. and Pearson, T.C., 2016. Tax Anti-avoidance Through Transfer Pricing: The Case of Starbucks UK. In28th Asian-Pacific Conference on International Accounting Issues. Asian-Pacific Conference. Shawver, T.J. and Miller, W.F., 2017. Moral intensity revisited: Measuring the benefit of accounting ethics interventions.Journal of Business Ethics,141(3), pp.587-603. Smith, M., 2017.Research methods in accounting. Sage. Wen, L., 2016. Integrate Video-Based Lectures into Online Intermediate Accounting II Course Learning.Business Education Innovation Journal,8(2). Zeff, S.A. ed., 2016.Memorial Articles for 20th Century American Accounting Leaders(Vol. 49). Routledge.

Sunday, December 1, 2019

Preparation narrative report Essay Essay Example

Preparation narrative report Essay Paper My experience in shipboard is really memorable for me. every twenty-four hours your traveling to prize it. My experience goes this manner. trip to Manila. I’m really excited and when at the port i’m really defeated because our CoOJT’s from LPU Laguna is some sort of â€Å"maarte† and we met our STO Sir Joepet a really sort STO and I truly like him. When we embark at the ship I feel a small spot nervous but non because of I’m of I’m afraid that the ship is traveling to drop while afoot I’m afraid of what if I can’t do all undertaking that they are traveling to give us. After repairing our things we go directly to the multi intent room for our orientation. after that our STO gave us a clip to familiarisation we proceed to the Island Fiesta where the tourer adjustment eat their repast. We will write a custom essay sample on Preparation narrative report Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Preparation narrative report Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Preparation narrative report Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We woke up really early and to be exact 2am for us non to be tardily in our responsibility. We are 14 so we 7 braces and my spouse is Erika my beloved friend. Our first responsibility is at the Island Fiesta. its truly a Fiesta because of 80 % of the riders ate at Island Fiesta. our clip of responsibility is 10hrs but its s broken sched were in we have a clip to rest. in Island Fiesta it measures how long your forbearance is. how good you are in selling and converting power gross revenues talk. at first I’m shy but when I find it exciting and merriment I truly bask it I truly do my best to name all attendings of the riders and we have a good gross revenues. after that I was assigned to dining and I do snoging out are foremost complicated and difficult to make but at the terminal I enjoy even if the other riders are annoying and raging. Second responsibility is housekeeping I truly bask it particularly the rubbish out things and bed doing even though the one casual is snob I still bask and in our 3rd responsibility in Quik Mart we sell bites and beverages we shout and shout walk and walk. sometimes could by riders and sometimes the riders get mad of us because we can’t understand them. and their pronunciations is really difficult to understand. Forth responsibility at the front office I got huffy because in whole responsibility we merely stand at that place after our responsibility my legs achings. Our 5th responsibility is at the galley or kitchen I truly bask it the chefs are really sort they are all accessible and amusing they make us laugh the whole responsibility. and the undertaking they gave us to slit 100 kg bittergourd and skining other staff. And nutrient in ship is errr! sometimes tasteless sometimes they are really rich in salt. and the nutrient is merely the same the whole OJT. And the casuals ar e really nice and sort unlike the other trainees seems they are the director or supervisor. -Angelica DominguezHRM 3A â€Å"My Magical Experience on Shipboard† May 14. 2014 was the twenty-four hours when we leave Nueva Ecija and travel to Tondo. Manila ( North Harbor Pier4 ) to get down our Practicum1 at Ship. On this twenty-four hours besides was our first ocean trip ( Manila to Cagayan de Oro ) . when we already board at the ship. the first thing we do is run into and recognize our STO Mr. Joepet Gallego discussed and issued the regulations and ordinances while were on the ship every bit good as our agenda and we besides had our circuit on ship to familiarized every section of the ship. On the following twenty-four hours. May 15. 2014 we already started our first responsibility at Island Fiesta nutrient tribunal wherein we bussed out. we served etc. . . On my first twenty-four hours on the ship I fell tiring. but when the twenty-four hours had been passed I enjoyed every second. minute. hr and yearss with my co-trainees. I already learned to love what I am making because they all treated me good particularly casuals. they treated us good. We learned a batch from them and we will neer bury this experience. I can state everybody that this experience is charming because it helps me to turn up and go a full-blown one. -Erica PortacioHRM 3A I was so aroused that we experienced being a portion of 2GO TRAVEL. it was so nice because all of them the insouciant. the crew particularly to our STO. all of them. they are so really sort. They portion us their cognition and experiences at the ship. During the 1st and last twenty-four hours of our responsibility we enjoyed being a trainee together with my spouse. I learned a batch on this preparation that you need to handle all riders good. esteem them and demo them that they are welcome. and even when rider say bad words all you can make is smile show to them that looks like nothings happen. I experience in this ship that its difficult to go a employee because even they are tired no affair what’you need to welcome them with a beautiful smiling. This On-the-job preparation experienced was really happy because it was my second clip to go on board. I could likely state that I truly learned a batch of things there’and I can besides state acquisition is non merely seen in the four corners of the room. I am hapy and proud because we finish our responsibility and it is a great memory to retrieve in our college life. -Princess TagaroHRM 3B Having my OJT at 2GO Travel is truly enjoy. I’ve learned a batch particularly in clip direction. We duty in the 6o’clock in the forenoon. so we need to wake up early. We learned how to socialise in other people. I gained more cognition about my class. I gained more friends because the bonding in our room. And we enjoy to travel other topographic points here in the Philippines. When we are on the ship. they taught us about the history. mission and vision of the company. corporate values. vass. installations and services of our prescribed logistic company. They besides told us about the preparation regulations and ordinances. basic house regulations and criterions like the criterions of courtesy and decorousness on board. unvarying demands and grooming criterions. Besides familiarize with the safety dismay. marks and symbols. Most of all. we are really happy because our Shipboard Training Officer is really nice. he take attention of us while we are on our responsibility. And all of the employee in the ship is really friendly. This is really memorable experience in my OJT. -Mariel MirandaHRM 3B As an Hrm Student. we were required to take On-the-job preparation related to our class. I decided to take my Ojt at MVSJP II. a vas from 2Go travel. I started my Ojt on May 14. 2014. On our first twenty-four hours on the ship. we took a talk headed by our STO or Shipboard Training Officer. Mr. Joepet Gallego. so he gave us our assignments of responsibilities. Our responsibilities revolved on Food and Beverage. Housekeeping. and Front Office Department. On the Food and Beverage Department. I have experienced a batch of plants from snoging out dishes. functioning nutrients. puting up the tabular array. and kitchen plants. I can state that I’ve learned clump of things there like the proper manner of speaking to the clients and to work grace under force per unit area. On the Housekeeping Department. we cleaned. took out rubbish. and do â€Å" bed making† on the different adjustments of the ship. I have applied my cognition on bed doing which I have learned from school and made my work easier. Besides. on this section. we have assigned to help riders to their suites or adjustments. this was really enjoying because I was able to run into different people. On the Front Office. it was a must to ever have on your smiling in every state of affairs. I have learned here to ever remain unagitated and polite to the invitees whatever their temper was. I have besides learned the proper manner of preparing myself. The whole Ojt experience for me was really ambitious but fun. I have practiced and developed a batch of my accomplishments. As a trainee. I’ve learned to follow purely on instructions. I improved my ego assurance and somehow became more sociable to people. I’ve learned to go flexible. to move professional and be polite at all times. I became cognizant to handling the customer’s right. I’ve learned to bask my work and my workplace. and to bask working with the people around me. I can state that I gained a batch of cognition that I can use in the close hereafter. and I can state that I chose the right the class for me. 2go Travel’s MVSJP II offers good working environment. which made my experience really basking. -Samantha Ellaine BeltranHRM 3B Performs other maps as may be given by my supervisor from clip to clip and keep cleanliness and methodicalness of assigned at all times. serves repasts to the riders following to the proper nutrient handling processs and aids in the requisition and issue of stock from the shop room and performs implicative merchandising technique to increase gross revenues and ensures that no unauthorised forces take out functioning from the nutrient on show for sale and free repasts and line performs other maps as may be given by the housework supervisor from to clip. -Verna SalamancaHRM 3B The first clip I saw the ship I felt nervous and aroused. when the clip the ship is ongoing that dark I don’t know what I truly experience. The dark besides I can’t sleep because I feel a small round scared because of the ship is rocking. The first twenty-four hours of my responsibility is in Quik mart. my spouse is Benjie Cardenas. He is besides my spouse in my whole OJT in the Saint Pope John Paul II. Every twenty-four hours in my responsibility we enjoyed together. the casual of the ship and my carbon monoxide trainee from other school. I’m really grateful. blessed and happy for being a portion of the shipboard preparation. 15 yearss working difficult but full of larning and besides felicity. A batch of minutes one time in a life-time. I can state that my OJT will neer bury in my whole life. -Byron MacalinaoHRM 2B My on-the-job preparation experienced is really happy because that is my first clip to go the diff. parts of the Philippines. At first. I felt so aroused and besides nervous. Our first twenty-four hours in the ship is merely an orientation. My first experience in OJT preparation. me and Byron assigned in Quik Mart. I feel diffident and nervous. the we sell dressing. we enjoy it because purportedly turned merely similar gypsy. Second twenty-four hours in housekeeping besides we assigned. We meet Sir Toto. he is the kindest crew. he taught the technique in how to bed doing etc. We experienced to wipe up a stairway. we besides assign ports. It is non easy because it’s excessively many riders need to help but it is all right because we requested the hotel director assigned. We besides experienced the Island Fiesta hard because excessively many riders eating. Besides taught proper coach out. I enjoy it even fatigue. We besides dropped in Cagayan to purchase goods and besides flesh out. nutrient trip. The street nutrient in Cagayan was really delightful. Then in Cebu we go to the most of import antediluvian church and the Magellan’s Cross. -Benjie CardenasHRM 2B During my OJT. I learned how to be a responsible in my ain manner. on the first twenty-four hours of my OJT. I feel nervous but I’m so excited. I learned how to love. attention and esteem our client. Me and my spouse experience or meet some tests or jobs but we solve it because we helped each other. This OJT is unforgettable minute and I can state that this is one of the best portion of my college life. -Jommel CabaHRM 2A I have a batch of experience at the 2GO Travel Shipboard. First. to entertain guest. if what they need in the forepart desk. Second. on how to function the nutrient and to bus out. Third. to sell a merchandise even though it’s expensive to the other invitee. but they obligated to but it. Fourth. on how to bed doing. to clean the cabin or adjustment. Fifth. at the galley or kitchen. I cut a batch of veggies and sometimes my ain finger ? . And of class. the casuals and our STO. their so good to us. they like friends. brothers and sisters to us. But all in all I enjoyed. that was a best experient I’ve of all time feel. I will non bury those experience at 2GO Travel. and I will missed them. Thank YOU! ! -Princess Cammille FerrerHRM 2D At first I feel nervous because I don’t have any thought on what we do while were remaining at that place but so there’s a feeling that I’m so excited to experiencing onboard. Then. we met Mr. Joepet Gallego our Shipboard Training Officer ( STO ) . His a nice individual. he tours us onboard so he learn us everything onboard. adjustment and other installations. On my first responsibility. we assigned at the front office. I feel world-weary ? but the twenty-four hours past. we all acquiring haggard. we need to woke up every bit early as 3am to set up ourselves for mundane responsibility. I experience a batch of thing that on shipboard experience. At first. yeah it’s so difficult to work particularly on Island Fiesta but clip after clip it’s become easy because we enjoyed what we’re making. Two hebdomads was done. I feel bad because I know I will missed my yearss with other OJT’s. the casuals that teach us how to work easy and most partic ularly I missed my new friends. the individual who make me laugh every clip even we’re tired we have a clip to speak on everyone’s experienced ? -Jaymie NatividadHRM 2D Last May 14. our OJT start. The name of our ship is MV St. Pope John Paul II. During the twenty-four hours of my responsibilities I felt so nervous and excited particularly on the first twenty-four hours because I am a first timer so they teach me how to help invitee and function client. Then after a long clip of being there I learned the diff. ways/ techniques on how to cover with the client. Having a successfully completed 300 hours of OJT on the ship I learned a batch of things like on how to socialise with other people. I easy command my pique to the clients that are really demanding and non speak nicely. -Aira Jane CanlasHRM 2D During our On the Job Training at MV Saint Pope John Paul II. we were assign at eight different types of countries at the shipboard like Front Office. Quick Mart. Galley. Horizon. Island Fiesta. Cabin. Mega Value and Super Value. Every twenty-four hours we have a rotary motion for those different countries. First hebdomad of our practicum at the shipboard was non easy for me because every twenty-four hours we have to the different sort of undertaking for that country. so the crew teach us like on housework at the cabin we learned the bed devising. towel folding and on different suites we besides do cleaning riders room. the comfort room and we besides do junk out. At the Front Desk. we were great and help the riders about their concerned. at Restaurant like Horizon and Island Fiesta we were functioning nutrients for the clients. bass out. rinsing dishes and cleaning the tabular array. we are besides selling nutrients and drinks at the Quik Mart. All Crew teach us good for what we were making on their country and they treat us like their household besides our STO Mr. Joepet Gallego who rounded every hr to see were making. look into our attending and attention for us when one of us are ill. we met a batch of pupil in different schools they are our co-trainees. Practicum at MVSJP was unforgettable we were good trained and larn to be organized for every facet. We learned to be patient and command our pique because we were fall ining a batch of people every twenty-four hours who have different attitude. For all of that we heighten our assurance. socialisation and accomplishments. -Nelissa PazHRM 2D DUTIES AND RESPONSIBILITIES A. Front OfficeApply client service accomplishmentsFacilitate enrollment and rooming-in of inviteesHandle guest’s petitions and enquiriesManage safety sedimentation boxes and lost and found serviceAid in the in-house amusement servicesClean and form the Front Office B. First Class Dining Saloon/ HorizonApply client service accomplishmentsCarry out nutrient assigningTake guests’ ordersServe guests’ ordersBus out dishesWash the dishesClean the First Class Dining Saloon C. Economy Dining Saloon/ Island FiestaApply client service accomplishmentsCarry out nutrient assigningCarry out sanitation and hygiene criterions on Food and Beverage countries Bus out dishesWash the dishesClean the Economy Dining Saloon D. Ship Shop/ Quik MartApply client service accomplishmentsSell MerchandiseClean Ship ShopMake gross revenues study E. GalleyCarry out review of finished merchandise prior to serving to clients Apply proper managing of nutrients for bringingClean cutter. pots and the galley equipmentCarry out proper storage processs like screening. labelling. FIFO Method Prepare natural stuffs for nutrient processing F. Housekeeping- CabinApply client service accomplishmentsPerform housework reviewsClean guests’ adjustmentsClean public toilets in cabinsMake-up bed G. Housekeeping-Tatami/ Mega ValueApply client service accomplishmentsPerform housework reviewsClean guests’ adjustmentsClean public comfort roomClean hallway countries H. Housekeeping-Economy/ Super ValueClean hallway countriesClean anterooms and sing decksApply client service accomplishmentsPerform housework reviewsClean guests’ adjustmentsClean public comfort room

Tuesday, November 26, 2019

Secular Work in the Religious Market

Secular Work in the Religious Market Do you believe that religious magazines such as Catholic Digest, Mature Years Magazine and Parenting Teens only want religious material? Think again. Believe it or not, many religious magazines downplay theology, leaving that to theologians. Many religious magazines want general-interest articles that appeal to both the churched and unchurched. For example, a recent issue of Todays Christian Woman had an article titled â€Å"A Worn-Out Womans Guide to Good Sleep,† while Jewish magazine Tikkun publishes literary fiction and poetry. This means lots of opportunities for freelancers. Here are five tips to crack religious markets with secular material: 1. First, find magazines that you enjoy reading and study the content. Writing for religious markets involves the same process as writing for secular markets. Just like what you do with secular publications such as Time, Wired, and, yes, The Christian Science Monitor, study the themes and style of the articles in religious magazines. Some magazines are conservative, some are liberal. Just like you wouldnt submit social-justice pieces to Mature Living Magazine, you wouldnt submit travel pieces to Sojourners Magazine. 2. Submit either unusual or evergreen material. In addition to attracting nonbelievers, religious magazines want to entertain. So submit material that only you can create, or submit evergreen materials on health, family and holiday traditions. For example, I cracked a Catholic family magazine 3. Keep it family friendly. Submit unusual material, but dont forget that religious magazines, both conservative and liberal, have their limits. For example, a how-to on having a Fifty Shades of Grey type of relationship will definitely get rejected. Religious magazines prefer subjects that are appropriate for both adults and children. 4. Let the pastor, rabbi or imam talk about God. While religious magazines steer clear of explicit sexual content, they also reject journalistic work thats too parochial. In other words, dont sprinkle your work with religious jargon. Most religious magazines want to attract both believers and nonbelievers, so they steer clear of work that may offend non-religious sensibilities. For example, magazines like Guideposts have wholesome themes, but go lightly on using words like God and the Bible. Read your potential publication to get a feel for their particular style. 5. Prepare to wait a short time . . . or a long time. Depending on the circulation of the magazine, and its popularity among professional and non-professional writers, waiting for a response may take days, weeks or months. Read submission guidelines to get an idea of how long editors hold your query or submission. Here are five religious markets currently seeking writers. Call the magazine or Google-search to find out the name of managing editor. Todays Christian Woman todayschristianwoman.com/help/writers-guidelines/todays-christian-woman-writers-guidelines.html Childrens Ministry Magazine group.com/customer-support/submissions America http://americamagazine.org/contact/submissions Insight Magazine insightmagazine.org/guidelines/ Tikkun tikkun.org/nextgen/submission-guidelines

Saturday, November 23, 2019

How to Make Sure You Buy the Best Magnifier

How to Make Sure You Buy the Best Magnifier After you get a rock hammer- maybe even before- youll need a magnifier. The big Sherlock Holmes type lens is a clichà ©; instead, you want a lightweight, powerful magnifier (also called a loupe) that has impeccable optics and is easy to use. Get the best magnifier for demanding jobs like inspecting gemstones and crystals; in the field, for quick looks at minerals, buy a decent magnifier you can afford to lose. Using a Magnifier Hold the lens up next to your eye, then bring your specimen close to it, only a few centimeters from your face. The point is to focus your attention through the lens, the same way you look through eyeglasses. If you normally wear glasses, you may want to keep them on. A magnifier wont correct for astigmatism. How Many X? The X factor of a magnifier refers to how much it magnifies. Sherlocks magnifying glass makes things look 2 or 3 times bigger; that is, its 2x or 3x. Geologists like to have 5x to 10x, but more than that is hard to use in the field because the lenses are very small. 5x or 7x lenses offer a wider field of vision, while a 10x magnifier gives you the closest look at tiny crystals, trace minerals, grain surfaces, and microfossils. Magnifier Flaws to Watch for Check the lens for scratches. Set the magnifier on a piece of white paper and see if the lens adds color of its own. Now pick it up and examine several objects, including one with a fine pattern like a halftone picture. The view through the lens should be clear as air with no internal reflections. Highlights should be crisp and brilliant, with no colored fringes (that is, the lens should be achromatic). A flat object should not look warped or buckled- move it to and fro to be sure. A magnifier should not be loosely put together. Magnifier Bonuses Given the same X factor, a larger lens is better. A ring or loop to attach a lanyard is a good thing; so is a leather or plastic case. A lens held with a removable retaining ring can be taken out for cleaning. And a brand name on the magnifier, while not always a guarantee of quality, means you can contact the manufacturer. Doublet, Triplet, Coddington Good lensmakers combine two or three pieces of glass to correct for chromatic aberration- what gives an image blurred, colored fringes. Doublets can be quite satisfactory, but the triplet is the gold standard. Coddington lenses employ a deep cut inside the solid glass, using an air gap to create the same effect as a triplet. Being solid glass, they cannot ever come apart- a consideration if you get wet a lot.

Thursday, November 21, 2019

Approach Used for Teaching English Grammar Essay

Approach Used for Teaching English Grammar - Essay Example It is evidently clear from the discussion that while talking about English grammar, we must also know the importance of the use of proper English grammar in our daily life. Doff found that â€Å"by learning, grammar students can express meanings in the form of phrases, clauses, and sentences†. Appropriate use of grammar using the prescribed set of rules helps us in a lot of ways while performing various activities. â€Å"Teaching grammar is of significant importance in the early stages of a child’s schooling†. Grammar is of critical importance because of its enormous use in many fields of life. Clark found that â€Å"teaching basics of grammar helps learners a lot in different situations†. Some of the situations where use of proper grammar is of crucial importance are as follows: use of correct grammar during an interview, proper usage while creating a resume for a job application, it’s also important while writing a website’s content, profes sional articles and journals also require correct grammar, academic essays must also be written using suitable grammar, and while writing emails to a certified company from another professional company. These were some of the basic usages of proper English grammar techniques in the activities of our daily life. Teaching grammar to the children of a primary school is a very can be an intimidating task for two main reasons. The first reason is that there are so many tones and gradations of the English language for children to learn and the second reason is that understanding and learning all of the prescribed rules of English grammar can be a boring task for the children. Nevertheless, teaching English grammar to the primary school’s children can be done in an attractive way so that children don’t get bored and show more interest towards learning proper English grammar which will definitely help them a lot in their future.

Tuesday, November 19, 2019

Semiotic OR discourse analysis of a magazine advertisement OR TV Essay

Semiotic OR discourse analysis of a magazine advertisement OR TV advertisement - Essay Example Semiotic OR discourse analysis of a magazine advertisement OR TV advertisement It can develop ergonomic design in circumstances where it is vital to make certain that individuals can work together more efficiently with their surroundings, whether it is on a big magnitude, as in structural design, or on a small extent, for instance, the arrangement of images and colours in images. Semiotic Analysis of the Dark Knight’s Advertisement This advertisement has the villain of the movie, rather than the hero. The viewers can easily recognize the Joker through his trademarks - his dark trench coat, the bright red lipstick, his mystifying and concealed face, the worn hang gloves, plus his seaweed green hair. However, the most prominent indicator that this is the Joker is that he has shown scribbling his catchphrase, â€Å"Why So Serious?† in the advertisement. By further exploring the picture, one gets the impression that he is inside or around the city. It is quite a dull day, with immense fog that makes visibility difficult. The townscape in the backdrop is hardly noticeable, and it appears to be very far away. The focus drops directly on the Joker himself. His body posture as well as the position of his fingers appears disorderly and strange. The smile that he is drawing with the red paint - or maybe blood - connotes that the Joker might not be a completely normal person. The fog in the image is an apparent indicator. It smudges and alters the vision, making it tougher to make out something or to recognize somebody (Leeuwen & Jawet, p. 94). The fog in the advertisement is a sign of the Joker’s lack of identity. Despite the fact that the fog is helpful in bringing the Joker into focus, it also helps in smudging his facial features, as well as a great deal of his coat. It makes the Joker appears as if he is a part of the fog; and as a result, the indicator draws attention to the reality that the Joker lacks identity. Advertisers use fog to highlight another point, which is gloominess. The shadowy, grumpy colours along with the fog bordering the image imply that it is a dull and murky situation (Mitry, p. 104). This is rather simple to observe. The gloominess itself is the sign of the personality of the Joker. There is a murkiness that encloses him, a sense of malevolence. Exactly similar to the time when something does not look correct on a dull day, something does not look normal with the Joker. It can be assumed that the gloominess itself is a representation for the Joker. The dull shade of blue in addition to foggy depiction is a sign of a threatening feeling of trouble (Lacey, p. 72). This is mainly because of the connotation of the â€Å"shower scene† that has publicized in various horror movies showing a barely visible hand behind the shower curtain or fogged glass surrounded by the mist. At some point, the picture of the Joker standing there connotes that he is in fact waiting outside a window, or even in your own house. He seems to be a psychopath who has been coming up for you. Another in dicator in this advertisement is the utilization of the Joker’s hands. His fingers are crooked and twisted. This depicts two things. First, he is not totally in control of his personal behaviour. This is a representation that he is psychological instable. Secondly, it reveals that he is suspicious as well as unreliable. It seems that his hands as well as fingers

Sunday, November 17, 2019

Academic degree Essay Example for Free

Academic degree Essay The different Definitions of education are misinterpreted in different ways, but there are still ways that you can interpret what you think the definition is on education. Education is to be able to find your own path. To have a high school diploma or to have a college degree, education is to be successful in your life in whatever way that is. Trying to define education is like trying to define why the sky is the color it is or why the grass is green, there is no accurate definition of education to me. Education can mean more than one thing having a college degree but also can mean not having a college degree. Being educated to me means to be successful in your life, just because you do not have a college degree doesn’t mean you will not go far in your life or make a good amount of money. People make it seem as if you don’t have a decent degree you will just work at a fast food restaurant. If someone were to ask me what it meant to be educated I wouldn’t be able to give them an answer. My mother Julie, went to the University Of Arkansas were she had completed law school. After completing law school she got a job at JB Hunt being a contract attorney. My father Carlos, who only has a high school diploma but works for a company called South Western Energy and is a company man for two rigs out in Pennsylvania where he is very successful in what he does. I don’t think you have to have a college diploma to be the most educated person around. Do I think you would make more amount of money in certain professions? Yes. Society makes it out to be that you must be admitted to a college to be educated, but really how educated do you have to be, to be admitted into a college. Back in the day it was a lot harder to get into a college, now-a-days you can score a fourteen through a sixteen and easily get into a college and just have to do remediation classes. Being tested for an ACT, SAT, Standardized test to me doesn’t show how educated you really are. Teachers teach you for the chapter they are covering than they either expect you to continue to remember what they taught you or you forget it. On the standardized test or the ACT or SAT there is information that you were taught in younger grades or that you haven’t been taught yet. So technically it really isn’t showing how educated a person may really be. Life its self-offers you an education. This lesson of education is more a hard learning education. ‘The best way to predict your future is to create It. ’- Abraham Lincoln. You are not taught in school how to balance a check book, how to cook, how to pay taxes, or how to do major things in the real world. Sooner or later you will get to the point that you will graduate for high school, get your GED or even drop out, but there will come a time that you will leave your parents’ house, which then you will have to find your own path in the real world. Unless you were taught by your parents or other adults how to balance a check book, how to cook, how to pay taxes, or how to do things in the real world you won’t be an educated person on how to go about life. In life there will be times that you will come to points in life that will you will see how educated you are, or when there is times that you need to speak up or when you need to go ahead and back off from the situation. People are different and learn in many different ways some faster than others and some who remember everything easily or some who forget stuff by the time class is over. Being knowledgeable in one subject and not in the other is that consider too make someone less knowledgeable or less comprehensive than another person. When going through college to earn a degree depending on what we want to major in we aren’t taught certain subjects. When majoring in anything in the medical field you aren’t taught any type of histories because you don’t need to know it. When you want to become a history major you aren’t taught any sciences because you don’t and won’t need them. If someone was to walk up to someone and try and have a conversation with them about a certain subject or ask them for some type of help on a certain subject but the other person isn’t able to have a conversation back because they aren’t taught that subject or haven’t been taught that subject does that make them any less educated than the person asking for help. There will always be some one that is always smarter or believes to be smarter than you, but really how can you tell how smart someone is. Being successful to me is a huge part of being educated. When knowing people who have a good degree and do not do anything with their degree and make bad choices in their life and not care what anyone thinks isn’t a successful and well educated person. When you are living on the streets and have a good degree you could go and find a job even if it means starting at a fast food restaurant and working your way to the top to get a job for what your degree is. It may take time but no reason to just sit around and waste a well-educated mind as society would say. There may be as many definitions as there are defines, but it is important for people to have a clear understand of education in order to be able to define it to other people on what your beliefs are and what it means to be a well-educated person. Lincoln, Abraham. Education Quotes Edgalaxy. Edgalaxy. Techzoo, 2009-2013. Web. 17 Sept. 2013.

Thursday, November 14, 2019

Promotion of New and Renewable Sources of Energy Essay -- United Nati

Promotion of New and Renewable Sources of Energy Introduction Energy plays a crucial role in the economic development of all nations, especially those with limited access to resources. Access to energy sources is one of the fundamental elements of poverty reduction and sustainable development. It is for this reason that renewable energy and energy efficiency is essential to protect and preserve, as it provides a basis for economic advances, increased education, and environment sustainability. The United Nations is committed to alleviating these pressing concerns through the implementation of programs such as the Millennium Development Goals and the Johannesburg Plan of Implementation, as well as through numerous others and in concordance with the work of its main bodies and committees. Acknowledging the importance of sustainable uses of energy, the Economic and Financial Committee (ECOFIN) meets biennially to specifically discuss energy and ways to implement ever improving technology. History of Committee The Economic and Financial Committee is commonly referred to as the 2nd Committee, as it is one of six main bodies under direct authority of the General Assembly. ECOFIN deals with issues concerning economic growth and development, globalization and interdependence, sustainable development, as well as macroeconomic trade and commodities. ECOFIN also pays special attention to the concerns of the least developed countries and items on the agenda focus on integrating developing countries smoothly into the world economy (?Economic and Financial?). Other current affairs include disaster reduction, women and development, preventing and combating corrupt practices, and protection of the global climate. ... ... Assembly Main Committees. 3 April 2007. ?Changing Unsustainable Patterns of Consumption and Production.? 2002. UN Department of Economic and Social Affairs. 3 April 2007. ?Establishment of the United Nations Conference on Trade and Development as an Organ of the General Assembly.? 30 December 1964. General Assembly Resolutions. ?The Energy Challenge for Achieving the Millennium Development Goals.? 2005. United Nations Energy 3 April 2007. ?What Are the Millennium Development Goals 2005. UN Development Goals. 20 April 2007.

Tuesday, November 12, 2019

The Tragedy of a Man

The â€Å"apparition† of Bartleby has confounded many wise men, scholars, critics and the like. The strange, almost inhuman way Bartleby resisted his employer and all forms of contact seemed supernatural—â€Å"Poe-ish†, as some would say (Reed 1). Though in recent times, the story of Bartleby has been used as an allusion of the Communist struggle against the capitalist system.Thus, they explained that Bartleby’s refusal to engage in the regular capitalist work is clearly an act of defiance against the system; and the historical vagueness and background surrounding the story accentuates this implied class struggle.The tragedy of it all, in the end, centers on the limited awareness of the narrator. His scrivener was not the originator of his tragedies; it was his humanity, and fatal defects that could not save his copyist from certain doom. His lack of insight into the depths of the human psyche and his consequent understanding of its workings rendered him u nable to understand and aid his comrade. He was only an ordinary lawyer caught in circumstances he could not understand; though had he the sufficient expertise, the answer would have been simple as to surprise him.Bartleby, if he was anything, was angry. No emotion could have driven him so potently as to his last contemptuous act upon himself and the world. For suicide is often thought of as some great act of despair or utter grief that overpowers the individual and inspire him to â€Å"escape†. It is also an act of great contempt that is needed to give a man the strength to destroy himself completely and blind him to all the protestations of his body.Thus, it was this rage that possessed Bartleby. The narrator was too struck by the pitiable, forlorn countenance as well as quiet insolence of his scrivener to discover the fire blazoning from within. In all fairness to him, he was a well-balanced man—as he readily admitted—free from the mad fits and temperaments t hat has afflicted his scriveners. He could not therefore have guessed Bartleby as anything else, as he assumed that the man was well-rounded in personality.The woes of this misunderstood individual continues on, as Marxists take the tale hostage and use it as a weapon of their own. Bartleby becomes a tool of their hatred, and example of a social revolution. In this essay, then, it is hoped to wrest it back to the individual perspective and back to the man that is Bartleby. To accomplish this, one need glimpse at the perspectives of the Marxists and one divorced from the Communist context; from here it is hoped that the Marxist logic can be successfully deconstructed.This paper will seek to redeem the soul of the story as well as the character immortalized in its pages. Citizen Bartleby Bartleby, the Scrivener’s unique â€Å"Marxist† quality—its ability to identify with the class struggle and the woes of the capitalist system—are inevitably â€Å"pulled o ut† by two critics, Barbara Foley and Naomi Reed, by the use of differing perspectives. Foley accomplished this by de-focusing from the individual and giving more emphasis on the style used in the story and how it relates to historical events of that time.Thus, the mention of John Jacob Astor and Trinity Church, which coincidentally owned huge properties across the New York area where the story’s office was located, become representations of the oppressive land monopolies (Foley 7-10). The narrator’s reducing his staff into â€Å"idiosyncracies† and an ideology of â€Å"patronage† (Foley 6) is representative of an unequal wage slavery; and the ambiguity of the date by which the story probably took place (through careful analysis it was found that there were too many inconsistencies in the dates), may have been intentional as to â€Å"underplay† the Astor Strike of 1849 (Foley 13-16).The last was re-emphasized with telling effect—by cit ing Melville’s â€Å"disillusionment† of the society of the elite and the similarities of another Melville work, â€Å"The Two Temples†. Naomi Reed, meanwhile, while centering on Bartleby the apparition and the â€Å"gentlemanly cadaver†, relates him as such, by way of substance, to the commodity discussed by Marx in Capital. Bartleby is both of two forms: the ghost and the figure between life and death; comparably, a commodity is both physical and non-physical, for it has non-material value (Reed 6-9).His insistent defiance on basic work, as well as other labors, is in fact a refusal to partake in exchange—the ideology behind his work (creating a perfect copy of the document) is that a copy may accurately portray an original document; in exchange terms, a value of one object may be substantially equaled by another. The scrivener’s act of refusing to vouch for the copy would be parallel to the rejection of the accuracy of exchange. Bartleby then represents Marx’s commodity alienating itself from the market forces (Reed 9-12). These two concepts do hold ground, in relating the individual to his environment.Having admitted to this, a third, more personal approach is to be taken: the tragedy of Bartleby’s anger and passive aggressive tendency. Turkey and Nippers Prior to introducing Bartleby, the narrator first gives us a glimpse of his two other scriveners: Turkey was an old man, of almost the same age as his employer, while Nippers was twenty-five. Of the former, it is narrated that after twelve o’clock, this legal copyist suddenly manifests discomfort throughout the day, carelessly spilling inkblots or bursting upon inanimate objects with fiery zeal with little provocation.The employer hinted that this was due to old age. Indeed, fatigue and lack of rest would be enough to wear down the propriety of even the sternest of men, more so with old ones. For his part, Turkey would not, out of pride and th e thought of wages being cut in half, do the sensible thing and stop work after twelve o’clock. Nippers, on the other hand, is most irritated when he is brimming with energy. This is attributed to his youth; though the narrator would much rather call it â€Å"ambition and indigestion†.He is impatient, rash and impetuous and would rather that the time pass and be done with his being a scrivener, as well as to finish his law studies. This here-and-now obsession manifests itself in his table, which probably symbolizes a hindrance to his objective. This impatience gradually dies down after lunch, as impetuosity is readily cured and becalmed by food. At the sight of his two scriveners’ open expressions of anger, the lawyer must not have then detected the same in Bartleby. Indeed, he was looking for a more-balanced individual, and thought that he found it in the man.He therefore was not properly warned to the dangerous patterns within Bartleby’s character. Pref er Not To The employer relates how he was thunderstruck the first time he heard of Bartleby’s quiet refusal. It was peculiarly odd, however, because there seemed to be no reason for this reluctance—he didn’t volunteer anything; he was ever quiet at his post, answering only when spoken to. He was therefore frustrated with what would seem as apparent insolence. Bartleby’s answer â€Å"I would prefer not to† is a classic passive aggressive response.The words â€Å"not to† are indeed an act of defiance and anger, though it could not be particularly directed anywhere. It was couched in the words â€Å"would prefer† because among passive aggressives, fear is commingled with anger. He has a fear of direct confrontation, and readily believes his being weaker to those around him. To say a â€Å"yes† or â€Å"no† would already be such an example of confrontation. Recognizing the â€Å"superiority† of would-be oppressors, he will express his anger, but try to make it as respectful a comment as possible.To a fairly balanced man like the employer, this self-contradiction is absurd and utterly unreasonable; that is what makes it offensive. To a passive aggressive, however, it would be unreasonable to reveal a grievance. There are a myriad of reasons for this, but chief of them is the fear of rejection and condemnation as well as a need to retain some power against his oppressor. Revealing his weakness would strip him of any control or power over the object of his contempt, and make him susceptible to denunciation.His silence then was due to fear for himself. It wasn’t so much that he didn’t want to say, he just couldn’t. The employer could also have detected something dangerously amiss in Bartleby’s refusal to do anything, except copy. He was clearly caught in some internal agony as to render him incapable of even the most mundane of tasks. He clearly needed help, and the lawye r could only ill-afford to prove it. Infernal Solitude His employer was filled with great pity the minute he found out that Bartleby was living alone.The latter did not socialize, knew no one, and generally kept to himself, using the office as a refuge. The narrator believes this as the source of the scrivener’s misery and in many chances as possible sought to connect to him. Tragically, however, Bartleby was trapped in a state of â€Å"forced solitude†Ã¢â‚¬â€while he might believe his state deplorable (though we could only assume), he is nevertheless prevented by anger and fear from reaching out, and this paralysis and stasis aggravates his misery. Bartleby did not loathe company; in his small way, he sought it.Through his dealing with the company errand boy, Ginger Nut, and that one time when he looked his employer square in the eye and said â€Å"Can’t you see it for yourself? †Ã¢â‚¬â€the passive aggressive needs understanding, though he will offer n o aid. The employer, stumbling through ways to help him, merely continues to frustrate his scrivener. Eventually the internal agony had debilitated Bartleby fully. Even copying had become a burden that he would not bear. The lawyer was constantly apprehensive that he would be abandoning Bartleby if he did anything that was not to ensure his safety.He would have been right in assuming that his scrivener would have felt betrayed, for passive aggressives are generally resigned to their misery and see it as normal routine, and to those that they have stuck to with forlorn hope, failure would only accentuate the deathly gloom. His employer felt the barb of this hurt when Bartleby talked to him in jail. His statement then, and his subsequent refusal to eat can only be construed as part of his contemptuous act against self and those he feels has wronged him. Conclusion: RedemptionThe significant sequel of the Dead Letters serves as the crossroads by which Bartleby’s plight is fully understood. The employer later lamented of his finding the significant cause of Bartleby’s desolation: he had worked as a clerk making letters for relatives of the departed. The thought of constantly generating correspondence to those who have recently lost probably destroyed him as a person. It was not only the act of breaking hearts; it seemed as if acting as accomplice to murder. This soon developed to a form of self-loathing, and the genesis of the tragedy of Bartleby.There are two ways to interpret this: The question that was unveiled in the third perspective was the source of Bartleby’s anger. Throughout we have learned that it was generated towards self and collaterally to others. Humanity should be briefly expounded as centered on the act of life. The very nature of a human being is to act to preserve life: eating, sleeping and even social interaction. The task of the Dead Letters was associated with the negation of life. Death. An unnatural and inhuman task, h owever mundane, will gradually wear down an individual.Bartleby became a specter of Death, opposed to life, and therefore opposed to the world, and to society. He was reluctantly opposed, as by nature he was inclined to life. He felt this opposition unconsciously, and felt that all anger is directed against him. Passive aggressives have a source of hatred before the self. As a human being, Bartleby was inclined towards life, and was thus opposed to the Dead Letters system from the beginning. Gradually, his resentment went inward, as he needed the wage and could not conveniently express his anger.He became the figure of rebellion of the individual against the dehumanizing elements of his system as well as prevalent social forces. Reed had a point when she said that this was an act of rebellion against the system. She was, however, wrong in the sense that Bartleby is not a commodity; to admit to this truth would assume that the scrivener is equal to the commodity, comparable to the in animate object of Marx’s work. Using her concept, this is an act of equality that cannot be vouchsafed. There is nothing dehumanizing about circulation, and exchange.The practice of work was not a product of capitalism, but social interaction. Bartleby was merely opposed to the inhumanity of the system, which he was thrust into. He therefore could not trust it, and would not trust it. Having experienced the unnatural task in the Dead Letters office, those that are detached from personal living though not overtly or even covertly opposed to life, would seem the same. This then would explain the scrivener’s insistence of detachment of his private and public life.The Marxist analysts say that the subtitle â€Å"A Story of Wall Street† precludes the social forces that are implied within Bartleby. It must not, however, be forgotten that this is a story about â€Å"Bartleby, the Scrivener†, about an individual finding himself before the deathly coldness of Wall Street. He is the individual in the center of his environment. To belittle him, as Foley would do in her analysis, would again dehumanize him. To make him a slave to social forces, and the context of labor and the collective, would be like the lawyer who could not see the man crying out from within.Maybe, he had an indication of his desolation, but trapped within institutions as cold as the buildings that house it, he had not the knowledge to reach out to him. The lack of scenery around the office windows may agreeably be an allegory to his blindness. His omission of going to church may have become a defect, as he was faced with humanity, and the sermons could at least have taught him how to act before it. The scrivener could not be saved within the pages of the story. The soul of his being, however, has been snatched from the perils that haunted his life.It is hoped that in this simple gesture of understanding, Bartleby may find in death what he could not redeem in life: humanity. BIBLIOGRAPHY WORKS CITED Foley, Barbara. â€Å"From Wall Street to Astor Place: Historicizing Bartleby†. American Literature 72. 1 (2000): n. p. Reed, Naomi. â€Å"The Specter of Wall Street: Bartleby and the Language of Commodities†. American Literature 76. 4 (2004): n. p. REFERENCES Melville, Herman. â€Å"Bartleby, the Scrivener†. The Story and Its Writer: An Introduction to Short Fiction. Fifth Edition. Ed. Anne Charters. Boston, MA: Bedford/St. Martin’s, 1999. 984-1010.

Sunday, November 10, 2019

Krugman Analysis

The Story Behind Financial Deregulation a. Wild Optimism & the Deregulation Movement b. The Political Influence of the Financial Sector (and the Wealthy in General) PART II: THE SOLUTION Section 3: The Solution is Government Stimulus (and a Few Other Reforms) 7. The Solution is Government Stimulus 8. Objection #1 : Government Stimulus Doesn't Spur the Economy (and Response) ; a. Exhibit A: The Great Depression b. The Initial Stimulus Effort Was Too Small 9. Solution Specifics a. Stimulus Specifics b. Additional Federal Reserve Actions c. Housing Relief (et. L. ) 10. Objection #2: The Danger of Government Debt (and Response) ; . The Problem of Investor Confidence b. The Problem of Paying off the Debt in the Future 1 1 . Objection #3: The Danger of Inflation (and Response) Section 4: The Chances of Government Stimulus Being Implemented (and How to Improve Them) 12. Pragmatic Politics and the Coming Election a. An Obama Sweep b. An Obama Win, and a Divided Parliament c. A Rooney Victory 13. Conclusion Since the housing and financial crash of 2008, America's economy has been stuck deep in the doldrums.Indeed, GAP has remained well beneath pre-2008 levels, and employment levels have failed to recover. In an effort to resuscitate the economy, the American government tried first to Jump-start it through stimulus spending, and has now replaced this approach with greater austerity. Nothing seems to be working. For Nobel Prize winning economist Paul Grumman, though, the answer is clear: the problem is that the original stimulus effort was too small, and, since that time, the government is moving squarely in the wrong direction.Indeed, Grumman argues that America's current situation bares a striking resemblance to the stagnation of the Great Depression, and that history has taught us what to do in such situations: the overspent must take an aggressive approach to stimulate the economy into recovery. This is the argument that Grumman makes in his new book ‘End This D epression Now! ‘ Now, Grumman is not a proponent of big government spending under normal conditions. Indeed, even in a recession, German's preferred approach is to drop interest rates in order to spur consumer spending.The problem now is that interest rates are already at zero, and this has not been enough to get consumer spending off the ground, thus leaving the economy in what is called a ‘liquidity trap'. For Grumman, the liquidity trap is actually quite common in economic downturns that allow financial crashes (as is the case with the current one, and as was the case with the Great Depression), and is why such slumps tend to be deep and prolonged. According to Grumman, the best and surest way to save the economy from a liquidity trap is for the government to step in and undertake the spending that consumers won't.That is, the government must stimulate the economy back into action, until consumers can get back on their feet enough to take over for themselves. For Grum man, this is precisely what happened in America during WI, when the government's military spending served to stimulate the economy and save it from the rips of the Great Depression. Now, German's opponents will point out that the American government has already tried the stimulus approach during this downturn, and that this strategy did not work, thus showing that it cannot be relied upon.What's more, these same opponents argue that the government's debt is already enormous, and indeed dangerously high, and that further government spending at this point may well render the debt completely unmanageable, if not force the government into insolvency (which is indeed a threat that is currently being faced by several countries in the European Union). Finally, German's detractors maintain that pumping more money into the economy at this time only threatens to drive up inflation to dangerous levels, perhaps even triggering a hyperinflation spiral.Grumman, though, claims that he has answers to all of these objections. In the first place, as noted above, the author maintains that the failure of the government's first stimulus effort did not prove that this approach is ineffective, but that it simply wasn't large enough to do the trick. Second, Grumman argues that though government debt does pose a concern, America's debt is actually not that dangerous by historical tankards. What's more, since America has its own currency (unlike the countries of the European Union), it is able to print money to turn over its debt, thus preventing the possibility of bankruptcy.Finally, with regards to inflation, Grumman contends that inflation simply cannot get off the ground in a depressed economy (as the current situation would attest to), and that when it is triggered in an upturn the government can always reverse its policy, thus keeping it firmly in check. Here is Paul Grumman speaking about his new book (Part II of the interview is available on Youth): http://www. Tube. Com/watch? What follows is a full executive summary of End This Depression NOW! By Paul Grumman.PART l: THE PROBLEM Grumman begins by way of establishing the gravity of the problems that America's economy is currently facing. This can be seen in the numbers. To begin with, consider America's Gross Domestic Product (GAP). As Grumman notes, GAP indicates â€Å"the total value of goods and services that are produced in an economy, adjusted for inflation†¦ In a given period of time† (loc. 274). As such, GAP provides a general picture of how much an economy is producing, and how quickly it is growing.Between the Great Depression and the beginning of the current recession, America's GAP grew at an average rate of between 2% to 2. 5% per year (loc. 277). The biggest downturn during this time occurred between 1979 and 1982, when America's economy experienced a ‘double dip' recession-?which Grumman characterizes as essentially â€Å"two recessions in close succession that are best v iewed as basically a single slump with a stutter in the middle† (loc. 283). At the low point of this recession, in 1982, America's â€Å"real GAP was 2 percent below its previous peak† (loc. 83), meaning it basically went flat. However, the author continues, the economy rebounded very quickly in the immediate aftermath, â€Å"growing at a 7 percent rate for the next two years-?morning in America'-?and then returned to its normal growth track† (loc. 283). When we look at the latest recession, we find that the low point occurred between 2007 and 2009. When compared with the recession of the late sass's and early sass's, we find that the latest â€Å"plunge†¦ As steeper and sharper, with real GAP falling 5 percent over the course of eighteen months† (loc. 287). What's more, the American economy has not seen a strong recovery this time around, as â€Å"growth since the official end of the recession has actually been lower than normal† (loc. 287). A ll in all, the author claims, â€Å"the U. S. Economy is [currently] operating about 7 percent below its potential† (loc. 295), and has lost $3 trillion in value since the slump began (loc. 299).Most significant of all, though, is that the economy shows no signs of a major come back any time soon; thus leading Grumman to conclude that â€Å"at this point we'll be very lucky if we get away with a cumulative output loss of ‘only $5 trillion† (loc. 299). . Unemployment Is Way Up While the GAP numbers are certainly telling, the more significant numbers, according to Grumman, are those concerning unemployment. As the author reminds us, unemployment statistics cover only those who are looking for work but who can't find it, and â€Å"in December 2011 that amounted to more than 13 million Americans, up from 6. 8 million in 2007† (loc. 94). This is already a staggering number, but when you take into account all of those people who have stopped looking for work out of frustration, or who have taken part-time work out of desperation, this number balloons even Geiger: â€Å"by this broader measure there are about 24 million unemployed Americans -?about 15 percent of the workforce-?roughly double the number before the crisis† (loc. 202). And since the current slump has dragged on so long, the number of people who have been out of work long-term (meaning 6 months to 1 year, or longer [loc. 224]) has risen to levels not seen since the Great Depression.Indeed, Grumman writes that â€Å"not since the sass's have so many Americans found themselves trapped in a permanent stats of Joblessness† (loc. 228). The unemployment numbers are particularly important, the author argues, since hey bring home the human element of the story. Indeed, while GAP statistics represent the abstract loss of an entire economy, unemployment numbers reflect the loss of income of real people. What's more, unemployment not only affects income, but self-esteem as w ell: â€Å"people who want to work but can't find work suffer greatly, not Just from the loss of income but from a diminished sense of self-worth.And that's a major reason why mass unemployment-?which has now been going on for years-?is such a tragedy' (loc. 173). Adding to the tragedy here is the fact that those who are shut out of the Job market or long stretches end up being stigmatize, which can hurt their prospects of landing work in the future: â€Å"Does being unemployed for a long time really erode work skills, and make you a poor hire? Does the fact that you were one of the long-term unemployed indicate that you were a loser in the first place? Maybe not, but many employers think it does, and for the worker that may be all that matters.Lose a Job in this economy, and it's very hard to find another; stay unemployed long enough, and you will be considered unemployable† (loc. 241). While all of these factors have very such affected people who were already in the Job ma rket, it has been even worse for young people who had not yet established themselves before the recession hit. Indeed, unemployment levels among the young tend to be higher than the general population in the best of times, but in the worst of times they tend to get hit even harder. As Grumman notes, â€Å"truly , this is a terrible time to be young†¦Roughly one in four recent graduates is either unemployed or working only part-time. There has also been a notable drop in wages for those who do have full-time Jobs that don't make use of their education† (loc. 249-58). 3. The Potential Long-Term Consequences When it comes to the plight of young people, as well as those who have found themselves shut out of the Job market for an extended period, these phenomena not only affect those directly involved, but also threaten to damage the economy in the long term. This proves to be the case because, as mentioned, present unemployment, or underemployment, can threaten future opport unities.As Grumman explains, â€Å"if workers who have been Jobless for extended periods come to be seen as unemployable, that's a long-term reduction in the economy's effective workforce, and hence in its productive capacity. The plight of college graduates forced to take Jobs that don't use their skills is somewhat similar: as time goes by, they may find themselves demoted, at least in the eyes of potential employers, to the status of low- skilled workers, which will mean that their education goes to waste† (loc. 324). And lost employment opportunities is not the only way that a prolonged slump can adversely affect future economic performance.As Grumman argues, an extended downturn tends to deter businesses from investing in and expanding their operations, which can leave them in a position where they are unable to meet emend when the economy finally does turn around and demand picks up: â€Å"the problem is that if and when the economy finally does recover, it will bump u p against capacity limits and production bottlenecks much sooner than it would have if the persistent slump hadn't given businesses every reason to stop investing in the future† (loc. 328).German's claim that an extended economic downturn does in fact have significant long time repercussions is bolstered by an MIFF study that looked at previous recessions. As the author explains, â€Å"the International Monetary Fund has tidied the aftermath of past financial crises in a number of countries, and its findings are deeply disturbing: not only do such crises inflict severe short-run damage; they seem to take a huge long-term toll as well, with growth and employment shifted more or less permanently onto a lower track† (loc. 41). Even more important, for Grumman, is that there is also evidence that a concerted effort to pull an economy up out of a slump can mitigate the future damage (loc. 341). For the author, then, the message is clear: America is in the midst of a very ser ious and damaging slump; the longer the country remains in the slump, the worse things ill be in the long run. As such, we must take swift and direct action to extricate the nation from the current situation.Before we take a look at what form Grumman thinks this action should take, it well help to hear the author's assessment of the current situation, and what he thinks landed the country here to begin with. According to Grumman, while America's current situation is really quite dire, the reason why the country finds itself in this situation is really rather simple. It all has to do with demand: â€Å"why is unemployment so high, and economic output so low? Because we-?where by We' I mean consumers, businesses, and governments combined-?aren't spending enough†¦ E are suffering from a severe overall lack of demand† (loc. 453-62). Actually, this whole scenario is unfolding as somewhat of a domino effect, as is the case with all downturns. To be specific, consumers have sto pped spending, which means that businesses do not feel the need to hire more employees and/or ramp up production; and since production is down, governments are earning less revenue through taxes, and are themselves more reluctant to spend (loc. 459). So, how does a country get itself out of this kind of slump?Under normal circumstances America's Central Bank (the Federal Reserve), would pump more money into the economy, thereby lowering the interest rate (by the law of supply and demand) (loc. 554-59, 590). This has the effect of making credit cheaper, which spurs individuals to lower their savings and consumer more, thus pulling the economy out of the slump. As Grumman reports, this strategy has proven to be very effective over the years: â€Å"it worked spectacularly after the severe recession of 1981-82, which the Fed was able to turn within a few months into a rapid economic recovery -?morning in America.It worked, albeit more slowly and more hesitantly, after the 1990-91 and 2 001 recessions† (loc. 559). The problem this time around is that when the recession hit in 2008 interest rates were already at the rock bottom rate of zero percent, meaning the Fed could not lower them any further (loc. 594). Since that time the interest rate has remained at zero, but, through it all, even this has not been enough to spur consumer spending to the point where it has been able to rescue the economy from its slump.When interest rates are at zero, and people still aren't spending, you have what is called a ‘liquidity trap'. As Grumman explains, â€Å"it's what happens when zero isn't low enough, when the Fed has saturated the economy with liquidity to such an extent that there's no cost to holding more cash, yet overall demand remains IoW' (loc. 596). And for the author, this is the crux of the issue. According to Grumman, a major part of the problem this time around is that when the latest recession hit, a large number of Americans were already deep in deb t due to the housing crash, as well as other personal debt.What this meant is that even at zero percent interest a vast number of Americans could not afford to resume pending, for they had to get out of their debilitating debt first (loc. 755, 774, 2240). Nor is that the worst of it. Indeed, one of the most straightforward ways to get out of debt is to sell off your assets. But when a large number of people try to sell off their assets (including their houses) all at once, this drives down the price of the assets, thus reducing the amount of money that people can raise in order to pay off their debt, thus exacerbating the problem (loc. 63). But there's more! As the prices of assets fall, the purchasing power of money correspondingly increases (called fellatio), and this increases the relative burden of debt (for the money that you are paying back your debt with is ever increasing in value), thus complicating the matter even further (loc. 767). 5. The Root of the Problem: The Deregul ation of the Financial Sector Now, a lot has been made of the issue of how Americans came to be so indebted in the first place, for this was a major part of why the current problem is so bad.Commentators on the right tend to blame borrowers who took out loans that they were not in a position to pay back, as well as government supported agencies who provided cheap loans to under-funded home-owners (loc. 059). Commentators on the left, on the other hand, tend to put the blame on deregulation in the financial industry, which allowed banking and investment companies to take on undue risk, as well as the banking and investment companies themselves who took advantage of the situation by way of providing loans to overly-risky borrowers. Grumman himself is primarily in the latter camp.To begin with, Grumman claims that the vast majority of bad mortgage loans were made by private firms, not the much maligned government-sponsored Fannies Mae and Freddie Mac (loc. 1072); who, the author conten ds, got into the bad mortgage name only very late (loc. 1072), and not nearly to the extent that private companies did (loc. 1072). But the root of the problem, according to Grumman, is the steady deregulation of the financial industry that began under Reagan in the sass's, and that culminated with the Grammar-Leach-Bailey Act of 1999, which repealed a provision of the Glass-Steal Act.Glass-Steal was a bill passed in 1933 to deal with the ongoing Great Depression (loc. 977). The major provision in the bill was that commercial banking deposits would be insured up to a certain point by the federal government (loc. 977). This was meant o restore confidence in banks, many of whom had fallen to bank runs in the previous years (loc. 977). The issue with insuring bank deposits, though, is that this creates a moral hazard for the banks. For the banks know that they will ultimately be bailed out by the government (meaning taxpayers) if they fall into insolvency (loc. 86); and, as such, they are tempted to make overly-risky investments. As Grumman explains, â€Å"it could have created a situation in which bankers could raise lots of money, no questions asked-?hey, it's all government insured-?then put that money into high-risk, high stakes investments, curing that it was heads they win, tails taxpayers lose† (loc. 986). In order to protect against this moral hazard, the legislators behind Glass-Steal also included a provision that stipulated that commercial banks could not act as investment banks. This was meant to keep commercial bank deposits safe from overly-risky investments.As Grumman notes, â€Å"any bank accepting deposits was restricted to the business of making loans; you couldn't use depositors' funds to speculate in stock markets or commodities, and in fact you couldn't house such speculative activities under the same institutional roof† (loc. 990). In 1999, though, this provision of the Glass-Steal Act was repealed by the Grammar-Leach-Bailey A ct (loc. 1017). According to Grumman, this move was the height of irresponsibility, and was a major contributor to the extreme risk-taking environment that led directly to the financial crash of 2008 (loc. 007-1017). For the author, though, the repealing of Glass-Steal was not the only article of deregulation that prompted the crash. Indeed, he identifies several pieces of anti-regulatory legislation that also had a hand to play in triggering the whole mess, from President Carter's Monetary Control Act of 1980 (â€Å"which ended isolations that had prevented banks from paying interest on many kinds of deposits† [loc. 1003]); to President Reggae's Garn-SST. German Act of 1982 (â€Å"which relaxed restrictions on the kinds of loans banks could make† [loc. 003]); to the failure of legislators to keep up with new innovations in the financial industry, such as shadow banks (loc. 1029-42). Now, unlike some left-wing commentators, Grumman is not prepared to let consumers off the hook entirely for the debt problems that complicated the crash. Indeed, the author (following the economic thinker Hyman Minsk) argues that a big actor behind the growth of consumer debt in the recent past was a general natural tendency for people to forget about the dangers of debt during good times (loc. 733, 798-815).As Grumman explains, â€Å"an economy with low debt tends to be an economy in which debt looks safe, an economy in which the memory of the bad things debt can do fades into the mists of history. Over time, the perception that debt is safe leads to more relaxed lending standards; businesses and families alike develop the habit of borrowing; and the overall level of leverage in the economy rises† (loc. 810). As the quote makes clear, the optimism in question touched all Americans, not Just the lenders, and so all involved deserve some share of the responsibility (loc. 33, 806). 6. The Story Behind Financial Deregulation According to Grumman, though, it was u ltimately the lack of regulations that allowed this selective memory and wild optimism to become dangerous, for the regulations were essentially keeping these sentiments in check (loc. 838). Now, it may rightly be said that the same emotions that led to growing debt also influenced the legislation that allowed it to become dangerous in the end (loc. 40). But for Grumman, there were other reasons behind financial deregulation that are also important to consider.For one, even before regulations were removed from the financial sector, the government had already begun to deregulate other industries (such as air travel, trucking, and oil and gas) (loc. 999-1003). These reforms had led to significant gains in efficiency in these industries (loc. 999), and thus many were optimistic that the same approach would work in the financial sector. The problem, as Grumman points out, is that â€Å"banking is not like trucking, and the effect of deregulation was not so such to encourage efficiency as to encourage risk taking† (loc. 007). B. The Political Influence of the Financial Sector (and the Wealthy in General) Over and above the factors mentioned above, though, Grumman argues that there is a still more sinister explanation behind the deregulation of the financial sector. And this has to do with the political influence of those who benefited most from it: the bankers themselves. Take the Grammar-Leach-Bailey Act of 1999, for instance (which, you will recall, revoked a crucial regulatory provision of the Glass-Steal Act).As Grumman points out, the gassing of the Act was largely influenced by the lobbying of Citron and Travelers Group, who in 1998 had wanted to amalgamate to become Citreous, but who had encountered obstacles due to Glass- Steal (loc. 1043, 1357-65). And even before this, the political elite stood in defense of increasing deregulation, despite initial indications that the measures were problematic (loc. 1414, 1130). Indeed, as Grumman is wont to stres s, the problems posed by deregulation did not begin with the financial crash of 2008.Instead, they began to surface even in the sass's when the banking sector was first deregulated. For instance, in 1989 the Federal government was forced to shut down the thrift banking industry due to a collapse induced by bad debt (loc. 1099-1120). A desperate move that put taxpayers on the hook for $130 billion (loc. 1120). Then, in the sass's, further difficulties arose when several large commercial banks over-extended themselves â€Å"in lending to commercial real-estate developers† (loc. 1119).Finally, â€Å"in 1998, with much of the emerging world in financial crisis, the failure of a single hedge fund, Long Term Capital Management, froze financial markets in much the same way that the failure f Lehman Brothers would freeze markets a decade later† (loc. 1123). For Grumman, all of these events should have acted as clear warning signs that there was something seriously wrong with f inancial deregulation (loc. 1 125-30). So why did the political elite fail to heed the warning signs? For Grumman, this become a good deal more understandable when we appreciate how profitable deregulation was for the financial sector (loc. 142), and how much influence this sector has on government. Indeed, as the author points out, while deregulation did virtually nothing to increase the incomes of middle class families (loc. 137, 1190), the move was a great boon to the wealthy (loc. 1142, 1201), and especially the bankers themselves (loc. 1300, 1418). In addition, it's no secret that the wealthy, and the financial sector in particular, has a major influence on government (loc. 1351). This influence exists not only in the form of significant monetary contributions (loc. 346), but in the two-way cross-over between the financial sector and political office (loc. 1380, 1392). What's more, the influence of the wealthy has been increasing as the rich have gotten richer since the time wh en deregulation first took off (loc. 1388). Section 3: The Solution is Government Stimulus (and a Few Other Reforms) 7. The Solution is Government Stimulus Grumman certainly maintains that reforms in financial sector regulations are needed if the country is to avoid falling into future debacles such as it finds itself in presently.For him, though, the more important question has to do with how to get the country out of its current situation. As you will recall, Grumman contends that America's problem now is that it is in the midst of a liquidity trap. That is, interest rates are already at zero, and yet this still isn't enough to reignite consumer pending. What's more, since consumers aren't spending, businesses have no reason to hire workers and/or expand their operations, and so they aren't spending either (loc. 461). Any yet, for Grumman, this lack of spending is very much the heart of the problem.So what can be done? According to Grumman, the answer is simple: the government mus t step in and take over the role of spending (loc. 879). As the author puts it, â€Å"the essential point is that what we need to get out of this current depression is another burst of government spending. Is it really that simple? Would it really be that easy? Basically, yes† (loc. 688). German's argument is that government spending will put money into the hands of the people, who will then be able to recover enough to resume spending themselves.As consumer spending increases, businesses will increase production and hire more workers, thus fully pulling the economy out of its current slump (loc. 679). 8. Objection #1 : Government Stimulus Doesn't Spur the Economy (and Response) Now, some argue that government spending doesn't actually increase demand and spur the economy at all, since, they claim, all it really does is take resources from one sector of the economy and transfer them to another.The argument is well-rendered by Brian Riddle of the right wing thing tank the Heri tage Foundation, who Grumman quotes in his book: â€Å"the grand Keynesian myth is that you can spend money and thereby increase demand. And it's a myth because Congress does not have a vault of money to distribute in the economy. Every dollar Congress injects into the economy must first be taxed or borrowed out of the economy. You're not creating new demand you're Just transferring it from one group of people to another† (loc. 474).Now, for Grumman, this argument may hold true under normal circumstances, when banks are lending and companies are competing for resources (loc. 2369). But in a depressed economy this is not the case. Rather, in such a situation banks are not lending because safe investments net very little profit, and risky investments are, well, too risky (loc. 2369). So in a depressed economy, resources go unused by the private sector (loc. 2079). This being the case, government spending does not displace private spending; rather, it does nothing but increase d emand

Thursday, November 7, 2019

Free Essays on CIVIL RIGHTS AND CIVIL LIBERTIES

Civil Rights and Civil Liberties Civil rights and civil liberties are two common statements that sometimes are used inadvertently with one another. The two statements do coincide with each other, but mean different things. Civil rights â€Å"are the rights belonging to an individual by virtue of citizenship, especially the fundamental freedoms and privileged guaranteed by the 13th and 14th amendments to the U.S. Constitution and by subsequent acts of Congress, including civil liberties, due process, equal protection of the laws, and freedom from discrimination† (American Heritage). The 14th amendment states that â€Å"no State shall make or enforce any law which shall abridge the privileges or immunities of citizens†¦ No State shall deprive any person of life, liberty, or property without due process of law† (Articles-website). Civil liberties on the other hand are â€Å"fundamental individual rights such as freedom of speech and religion protected by law against unwarranted governmental or other interference† (American Heritage). Civil rights and civil liberties may seem like the same exact thing but when you break them down, the difference between the two is clear. Civil rights are the rights that are given to U.S. citizens that make ‘everyone created equal.’ Civil rights have to do with slavery, racial discrimination, women’s equal rights, gender-based discrimination, equal protection, affirmative action, and the rights of gay males and lesbians, as well as many more. Civil liberties are the protected laws given to everyone – even people that are not citizens – who is in the United States such as freedom of speech, freedom of religion, freedom of the press, as well as the other rights stated in the 1st amendment. The focal point of this paper will be on racial discrimination; specifically to Arab-Americans since the tragedy of September 11, 2001. One year ago, our nation was faced with one of its biggest chall... Free Essays on CIVIL RIGHTS AND CIVIL LIBERTIES Free Essays on CIVIL RIGHTS AND CIVIL LIBERTIES Civil Rights and Civil Liberties Civil rights and civil liberties are two common statements that sometimes are used inadvertently with one another. The two statements do coincide with each other, but mean different things. Civil rights â€Å"are the rights belonging to an individual by virtue of citizenship, especially the fundamental freedoms and privileged guaranteed by the 13th and 14th amendments to the U.S. Constitution and by subsequent acts of Congress, including civil liberties, due process, equal protection of the laws, and freedom from discrimination† (American Heritage). The 14th amendment states that â€Å"no State shall make or enforce any law which shall abridge the privileges or immunities of citizens†¦ No State shall deprive any person of life, liberty, or property without due process of law† (Articles-website). Civil liberties on the other hand are â€Å"fundamental individual rights such as freedom of speech and religion protected by law against unwarranted governmental or other interference† (American Heritage). Civil rights and civil liberties may seem like the same exact thing but when you break them down, the difference between the two is clear. Civil rights are the rights that are given to U.S. citizens that make ‘everyone created equal.’ Civil rights have to do with slavery, racial discrimination, women’s equal rights, gender-based discrimination, equal protection, affirmative action, and the rights of gay males and lesbians, as well as many more. Civil liberties are the protected laws given to everyone – even people that are not citizens – who is in the United States such as freedom of speech, freedom of religion, freedom of the press, as well as the other rights stated in the 1st amendment. The focal point of this paper will be on racial discrimination; specifically to Arab-Americans since the tragedy of September 11, 2001. One year ago, our nation was faced with one of its biggest chall...