Tuesday, May 26, 2020

Essay Scholarships Samples Free Reviews & Tips

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Friday, May 15, 2020

James Baldwin Essay - 1485 Words

For The World to See James Baldwin was a man who wrote an exceptional amount of essays. He enticed audiences differing in race, sexuality, ethnic background, government preference and so much more. Each piece is a circulation of emotions and a teeter-totter on where he balances personal experiences and worldly events to the way you feel. Not only did he have the ability to catch readers’ attention through writing, but he also appeared on television a few times. Boston’s local public television station WGBH, under the leadership of Hartford Gunn, presented an array of educational and cultural programming. Similar to an earlier interview, in a 1963 taping of â€Å"The Negro and the American Promise,† Baldwin is†¦show more content†¦An incident such as this shows that even though Baldwin was not apart of that group, whites assumed that African Americans of any age were all the same. Baldwin reminisces of his childhood as describing activities frequently pursued as a young boy. They used to play on the roof, and some kind of garbage dump near the river. In the interview Baldwin tells us that he had been morally raised by his father, whose relation to the church was very direct, and admits that the solitary place to express pain was in the church. But now, and in the mid-twentieth century, the living conditions and attitudes of whites towards blacks has significantly worsened. It is evident as Baldwin proclaims, â€Å"the moral authority which was present in the Negro Northern community when I was growing up has vanished, and people talk about progress, and I look at Harlem†¦and it is much worse there today than it was when I was growing up† that indeed the well-being and living situations had decreased (â€Å"The Negro† 1). Living conditions was only the half of it; Baldwin proves that education had worsened as well when he projects that â€Å"[i]t is much worse in theShow MoreRelatedSonny s Blues By James Baldwin827 Words   |  4 PagesSonny’s Blues In James Baldwin’s â€Å"Sonny’s Blues† it is only when a brother loses his child that he realizes how easy it can be to lose his brother. The narrator’s little brother, Sonny, was left in his charge when their parents passed away. He neglects Sonny and leaves him to work through hard decisions on his own which leads to Sonny being picked up by the police for using and selling drugs. When the narrator’s daughter, Grace, passes he sees how suffering can affect people and reaches outRead MoreGiovanni s Room By James Baldwin1723 Words   |  7 PagesThe two novels Giovanni’s Room by James Baldwin published in 1956 and Price of Salt by Patricia Highsmith published in 1956 share the interest of both the main characters having trouble publicizing their sexual orientation due to the way society would view them. There location of living have a big impact on their actions of expressing their sexuality towards other people or themselves. During the 1950’s, homosexual activity was prohibited. People who were found having an affair with the same sexRead MoreEssay on Sonnys Blues by James Baldwin1316 Words   |  6 Pagesâ€Å"Sonny’s Blues† revolves around the narrator as he learns who his drug-hooked, piano-playing baby brother, Sonny, really is. The author, James Baldwin, paints views on racism, misery and art and suffering in this story. His written canvas portrays a dark and continual scene pertaining to each topic. As the story unfolds, similarities in each generation can be observed. The two African American brothers share a life similar to that of their father and his brother. The father’s brother had a thirstRead MoreExpectations in Sonnys Blues, by James Baldwin Essay1277 Words   |  6 Pagesa grim existence beneath the dispassionate stare of narrow-minded bigots. Soon, the Civil Rights Movement would gain momentum and drastically alter such social exclusion, but James Baldwin writes his story â€Å"Sonny’s Blues† before this transformation has occurred. In the style of other Post-Modernist writers of his day, Baldwin invents two brothers, Sonny and the narrator, who seem to have given up on finding meaning in their lives: escape, not purpose, is the solution for suffering. Although marginalizedRead MoreAnalysis Of The Story Sonny s Blues By James Baldwin1481 Words   |  6 PagesIn reading the story Sonny s Blues by James Baldwin, we learn of two brothers and their lives growing up in Harlem. The narrator, who is the older brother in the story, narrates the trials and tribulations he and his younger brother (Sonny) had to endure growing up in such a harsh environment in Harlem (due to the drugs, violence, and Black s being looked down upon in general in the mid-1950s). We start in the future (present), with the narrator having a somewhat successful future being a teacherRead MoreJames Baldwin s Influence On Society And Relationships With Other People1249 Words   |  5 PagesJames Arthur Baldwin was a prominent author in the 1900s. He did not let his homosexuality or skin color put him down or get in the way of being himself. Baldwin wrote essays, novels, plays, and poetry inspired from his environment and relationships with other people. Although he was poor, it did not stop James Baldwin from becoming a successful author that wrote about his experiences of being homosexual and African American in a troubled society. In Baldwin’s early life, he had to work hard andRead MoreLight and Dark in the Book Sonny’s Blues by James Baldwin Essay788 Words   |  4 PagesIn James Baldwin’s short story, â€Å"Sonny’s Blues† there is a constant contrast between light and dark. Baldwin uses this theme to highlight the struggles that the Narrator and his younger brother, Sonny, both face. Light represents all of the positive aspects of life. Meanwhile, the darkness represents the constant struggle that threatens the characters in the story. Light and dark has a presence in both characters. The narrator lives his life in the â€Å"light†. He is a teacher, middleclass man, a manRead MoreJames Baldwin738 Words   |  3 PagesQuestions on A Talk to Teachers by James Baldwin 1. In the opening paragraph, Baldwin establishes his ethos by connecting himself to his audience as a fellow citizen and fellow American, someone who loves his country and wants it to be whole and healthy. Though he identifies the chief fear of his audience as the fear of Communist, he proposes that the ore fearful aspect of American society of the early 1960s is the â€Å"bad faith and cruelty† of generations. Baldwin builds credibility with his audienceRead MoreSonny s Blues By James Baldwin2300 Words   |  10 PagesIn the short story â€Å"Sonny’s Blues†, by James Baldwin there is the notion or a reoccurring theme of a conflict between light and dark between the characters. The notion is carried throughout the story of two brothers finding their own lights and trying to work towards a greater life. In the late 50’s, after the Harlem Renaissance, adolescents are faced with drug sales everywhere and crime sprees around every corner, this is one examp le of the darkness in the story. Kids began to form bad habits thatRead MoreEssay on James Baldwin1907 Words   |  8 PagesJennifer Oast MWF 2:00-2:50 February 10, 2012 James A. Baldwin James A. Baldwin, a homosexual African-American novelist, was once quoted saying that the most dangerous creation of any society is the man who has nothing to lose. What it means is that society’s chief concern should be a person who has absolutely nothing to lose by always sticking to their beliefs, yet everything to gain. James Baldwin embodies that quote to the absolute fullest. Not only did he push the boundaries

Wednesday, May 6, 2020

Essay about A Fat Tax Economic Costs of Obesity are High

Todays world is full of modern conveniences. Communication is at the touch of a button, you can drive right to the window and get handed a greasy, hot meal, and even walking has become bothersome. Trying to find that spot closest to the door is worth driving around the lot five times. Kids play more in virtual reality than outdoors, and parents who are strapped for time settle on quick, processed meals for dinner. Unfortunately, weve created an environment fit for the lazy. Instead of having to preform physical activities to function throughout the day, we must find time for physical activity, which might not be realistic for everyone. The fast food industry and quick processed dinners feed the consumer with no time for exercise, and the†¦show more content†¦For example, a person could weigh 200 lbs at 5 feet and their BMI would be 39.1, while obesity is a BMI of 30 and above. But what if that person were a short body builder? BMI doesnt take into account the weight of musc le or bone density. Body shape is also of some importance; if someone has 50 extra pounds in their thighs they are at less risk for heart disease than someone with 50 extra pounds in their waist. Visceral fat, or fat located directly around the organs, is linked to many risk factors including insulin resistance. 26 million people in America have diabetes, and 90% - 95% of those are type two. According to the American Diabetes Association, 85.2% of people with type two diabetes are overweight. Economic costs of obesity are increasing and will continue to do so if nothing is done. Healthy Communities for A Healthy Future state that the estimated annual health care costs related to obesity are 190 billion dollars. This is 21% of total health care costs. This includes direct costs, such as preventive and treatment services, while indirect costs include income lost to days debilitated or future income lost to death. On an individual level, an obese person will cost 42% more in health car e than a person of healthy weight. A tax directly related to products known to cause obesity would offset the cost of health care, and hopefully result in less obesity in the Nation. Deciding which foods would be taxed is a difficult process.Show MoreRelatedThe Issue Of Obesity Among The United Kingdom Government1209 Words   |  5 PagesIntroduction Obesity has become an extremely concerning problem seriously needing to be addressed by the United Kingdom government. Some argue that a tax increase on unhealthy food should be implemented by the government in order to increase health levels across the UK, particularly those of children- for whom the current nationwide obesity problem is the most worrying. However, it is not certain whether implementing this tax will be economically viable. By evaluating the repercussions of introducingRead MoreFat Tax on Fast Food in Australia Essay642 Words   |  3 Pagesto the Organisation for Economic Co-operation and Development (OECD), Australia has the fifth-highest obesity rates of any country anywhere in the world, at a very high figure of 24.6 percent. This means that almost one in every four citizens is clinically overweight. A high fat tax on fast food and unhealthy drinks may help slow the world’s rising rates of obesity, as a recent study published in the British Medical Journal suggests. The $2.50 price hike on cigarette tax in 2013 is expected to haveRead MoreThe Effects Of Obesity On American Adults And Children1213 Words   |  5 PagesThe Effects of Obesity Obesity is on the rise in American adults and children. Over 78.6 million Americans are considered obese (CDC, 2014). Health experts believe the obesity crisis has become an epidemic that needs to be controlled. Today many efforts are being made by Federal and state governments and some major companies to combat obesity in adults and children. For example, some major companies are rewarding employees with cash incentives for exercising regularly and maintaining a healthyRead MoreSample Essay1475 Words   |  6 Pagesinclining rates of obesity in countries like France, South Korea, USA, England, Greece and Italy, a decision to produce low-calorie versions of their chocolate bars could be a healthier alternative to the country. There are a number of advantages and disadvantages to Kraft Foods while producing these. Advantages : a) They attract a new and major segment of the market which is more health conscious. This new segment of the market includes people who are on the path to obesity yet desire to consumeRead MoreThe Implementation Of A Fat Tax1158 Words   |  5 Pages The implementation of a â€Å"Fat Tax† is a topic that has been considered before in the UK. This is an additional tax on junk food, seeking to reduce the consumption of products containing high levels of fats, sugars and cholesterol. One of the primary considerations for such a tax is the scale of the obesity problem in the UK. Today’s obesity level in the UK is three times the 1980s level, currently 24.9% and is the highest in Europe (Nhs.uk 2015). The extent of the UK confectionery market size, whichRead MoreObesity : The Consumption Of Unhealthy And Overly Processed Foods1645 Words   |  7 PagesWithin the past 50 years, obesity rates have reached an epidemic level with the United States of America having one of the highest obesity rates in the world. America has become the poster child for obesity worldwide and that has become its most noticeable feature. Several presidents have tried implementing multiple short term solutions in recent years, but none have show n overall effectiveness in reducing the main cause of obesity: the over consumption of unhealthy and overly processed foods. TheRead MoreShould The Government Add Extra Tax On Junk Foods? Essay1315 Words   |  6 PagesShould the Government Add Extra Tax on Junk Foods? The rate of junk and fatty food consumption has grown in the United States compared to the past few decades. Lifestyle reports indicate that one of the primary issues that were altered is the type of diet that people consume. Currently, it seems like many people eat junk foods almost daily. Junk food refers to any diet that has insufficient nutritional value and unhealthy ingredients. The U.S. government should add extra taxes to junk foods to promoteRead MoreEssay on Globesity: Health Crisis/Epidemic930 Words   |  4 PagesAccording to a U.S. Prevalence of Adult Overweight and Obesity study conducted by NHANES from 2009-2010, 68.8% of our population is either obese or overweight. This new health crisis/epidemic has been slowly sneaking up on America in the last decade negatively influencing our society and changing our way of life. It’s hard not to walk down the street and ignore the shining golden arches the gleaming signs of various fast food restaurants and then the wa lk of shame home when you realize your pantsRead MoreObesity And Its Effects On Society1303 Words   |  6 PagesObesity and its Effects on Society ‘America is fat’, this statement repeated by numerous people in and out of healthcare profession and if someone don’t believe this statement, maybe the following statistic will change our mind. According to (CDC) Center for Diseases Control and prevention, obesity rate grew 65% between 1990 and 2002(Su). Still not convince? When most Americans read that statistics they have single question is ‘Why?’ How is the rate of obesity growing so fast? Is this the way weRead MoreENG4U IP EO1142 Words   |  5 Pagesgovernment should impose a high tax on junk food and soft drink. Firstly, junk food and soft drinks are harmful to the human body. Additionally, there will be negative consequences if a high percentage of people are obese in the country with an increased burden on the government due to more and more people get illnesses from purchasing this unhealthy food. Lastly, to promote the healthy living standards for citizens, the government can use the reven ue generated through these high taxes on harmful food

Tuesday, May 5, 2020

Occupational Health And Safety Law Samples †MyAssignmenthelp.com

Question: Discuss about the Occupational Health And Safety Law. Answer: Issue 1 The issue which has to be addressed in this case is to identify to identify the legal position of Vinod that he is an employee or an independent contractor. If he is an employee what are the compensations which he is entitled to. Rules In order to determine the compensation to be paid to a person it has to be analyzed that he works in the capacity of an employee or an independent contractor. The relationship between an employee and an independent contractor is determined through the use of legislations as well as commonlaw tests provided through various tests. The major legislation dealing with the relationship between employee and employer in Australia is the Fair Work Act 2009. The Independent Contractors Act 2006 and the Fair Work Act 2009 set out the entitlements and the rights of contractors and employees in Australia. There are various factors on which the differences between an contractor and employee is based on. A single factor cannot determine whether a person is a contractor or an employee. The totality of the relation is analyzed by the courts looking at each case in order to determine the employment status of a person. A few common factors for the purpose of determining whether a person is an independent contractor or employee are as follows. Degree of control on how the work is to be performed: the work which is performed by an employee is totally under the control and direction of the employer on a regular basis. An independent contractor has a high degree of control over the work done by them. Hours of work: an employee mostly has set hours of work which can have flexible timing. The hours of a casual employee may vary from week to week. On the other hand the contract decides on what hours the work which has been provided to him has to be completed. Risks: An employee has no financial risk during the course of employment as the risks are covered by the employer. On the other hand an independent contractor bears the risk associated with making profits or incurring losses on every task. The liability of poor work is also borne by the contractor along with any injury sustained while doing the task. Therefore the contractors have a personal insurance policy. Superannuation: an employee has the right to receive superannuation which is paid into a nominated fund by the employer. On the other hand contractors pay their own superannuation however they may have the right to superannuation funds in certain cases. Equipments and tools: generally an employee is provide equipments and tools by the employer or else they are given a tool allowance. On the other hand contractors use their own equipments and tools. Alternative arrangements may also be made within the contract or services. Tax: The income taxes off the employees are deducted by their employers whereas the contractors pay their own GST and tax to the ATO. Method of payment: employees are paid regularly such as weekly, fortnightly or monthly. On the other hand the contractor has ABN and an invoice is submitted by him when the work is completed or he is paid directly after completion. Leave: an employee is entitled to leaves which are paid such as annual leave and long services leave or right to a loading instead of leave entitlements such as in case of casual employees. However a contractor is not entitled to any paid leaves. In the case of Comcare v PVYW[2013]HCA 41 it had been ruled by the high court that the employers would be liable for injuries which have been sustained by the employees during the course of employment. However such compensation does not extend to sexual encounters faced by employees during work trips. In the case of Hollis v Vabu Pty Ltd [2001] HCA 44 it was held by the high court that a bicycle courier who was paid in accordance to the number of successful deliveries made, but was provided a uniform by the company and was also told when to work and how much money to take and did not have supply to any expensive equipment was based on thecommon law business integration test an employee. Application In this case it has been provided that Vinod is a university student who is a part time worker for Yum Yum pizzas. He has been provided with particular shifts with strict commencements which does not have any specified finishing time. He also has been supplied with a uniform by the pizza company. He is required to wear such uniform at the time of delivering pizzas. He has not been provided with any vehicle by the company for such delivery and uses his own bicycle for the operations. A tool in form of an heat retaining panniers have also been provided by the company to ensures the pizza are hot. He is paid fee according to the deliveries. In the given situation it can been seen that it is not clear that whether he is an independent contractor or an employee as no clear idea can be obtained through his employment term. However as discussed above no single term can be used to determine the employment status and it has to be analyzed in accordance to the overall contract. According to the principles of the Vabo case which has similar situation related to that of Vinod it can be said that the Vinod is an employee of the pizza company as he has also been given a uniform, uses his own equipments, is paid per delivery and is told when to work by the company. According to the principles of the Comcare case Vinod is entitled to compensation from the Yum Yum pizza as he has been injured during the course of employment. Conclusion Vindo is an employee of the company and is entitled to compensation from Yum Yum pizza. Issue 2 Is Penelope entitled to compensation, if so who is liable to pay such compensation Rules It has already been established in the above discussion that Vinod is an employee of Yum Yum Pizzas. According to the principles of vicarious liability an employer is liable for the action of their employees. The commonlaw principles is established in Australia if two elements are provides. Firstly, there must be a relationship between the wrongdoer and the person to be held vicariously liable. The person must have a degree of control over the working of the wrongdoer. The wrongful action must have been committed in the course of employment. The fact that such act was not authorized by the employer does not have any effect on his position to be held liable for the actions of the employee as provided by the case of Pioneer Mortgage Services Pty Ltd v Columbus Capital Pty Ltd [2016] FCAFC 78. In this case both the employee and the employer are jointly and severally liable. However in Australia the employee may not have any right to recover the loss from the employee for negligence. The concept of negligence arises when a person has a duty of care towards another. It was first provided in Donoghue v Stevenson 1932 AC 522. The duty has to be breached and harm has to be suffered by the other person because of such breach in duty. Any harm which is caused due to the negligent act has to be compensated by the wrong doer. However there is a specific defense which a wrongdoer may use in case of a claim for negligence. The defense is known as contributory negligence. Whether a person has made a contribution towards his injury or not is assessed using the same principles which are used for analyzing a negligent activity. In case of contributory negligence the partial or whole claim for negligence can be defeated. The concept had been used in the case of Podrebersek v Australian Iron and Steel [1985] HCA 34. Whether a duty of care is there or not is seen through the application of the neighbors principle provided by the Donoghue v Stevenson case. Whether the duty has been violated is seen by making a reasonable person in same situation and comparing the original action to his actions. The harm is caused by the breach is analyzed by the but for test which means that whether the injury would have happened if there was no negligence. Application In this case it has been already established that Vinod is an employee of the pizza company. As per the principles of vicarious liability if it is established that vindo has been negligent towards Penelope than the pizza company would be held liable to pay compensation to Penelope. This is because the act was done during the course of employment as Vinod was going to deliver a pizza. Even if he had collected alcohol during in between his shift the accident took place when he was actually going to deliver a pizza. In addition it has been discussed above that even if authority is provided by the employer he can be liable for the actions of his employees during the course of employment. Thus Yum Yum Pizza would be liable if it is established that Vinod was negligent towards Penelope. Coming to the accident it has been provided clearly that Vindo was paddling in excess of the speed limits as he was getting late. According to the neighbor principles he has duty of care to any pedestrian as his negligence could have caused them harm. A reasonable person would have not been paddling in excess of the speed limit. In addition if he would have paddled in a normal way he could have avoided the accident. The injury to Penelope would not have been caused if there was no negligence. Thus a claim for negligence is established. However, as discussed above contributory negligence can be used as a defense by a wrongdoer. In this case thus it would be analyzed that whether Penelope was himself negligent towards the injury or not. It is provided in the scenario that Penelope was intoxicated and knowingly played chicken with the traffic. A reasonable person in the same situation would not have done so. If this was not the case injury would have been avoided easily. Thus he is contributory negligent and the claim for compensation would be reduced or defeated as decided by the court Conclusion Penelope can claim compensation from Yum Yum Pizza but is likely to have the compensation proportionate according to the principles of contributory negligence. References Comcare v PVYW[2013]HCA 41 Donoghue v Stevenson 1932 AC 522 Fair Work Act 2009 Hollis v Vabu Pty Ltd [2001] HCA 44 Pioneer Mortgage Services Pty Ltd v Columbus Capital Pty Ltd [2016] FCAFC 78 Podrebersek v Australian Iron and Steel [1985] HCA 34 The Independent Contractors Act 2006

Tuesday, April 14, 2020

Leadership In Ancient Civilizations Essays - Iulii,

Leadership in Ancient Civilizations Leadership in Ancient Civilizations During the period of the Roman Republic and the Roman Empire, different leaders exhibited different styles of leadership and employed different political strategies. In addition, these leaders came to power and maintained their control in their own unique ways. Each leader seemed to have his own agenda, which set the tone for that era. Five prominent leaders of this time period were Agricola, Augustus, Julius Caesar, and the brothers Tiberius and Gaius Gracchus. The point to be made with respect to these particular men is related to the obvious correlation between the nature of a leader's agenda and the impact of his reign. In the end, a ruler's fate was dependent not on his agenda, but on style and strategy with which he pushed his agenda. Those leaders whose methods were completely altruistic were heralded as great leaders, while those with devious and/or unethical methods of pushing their agendas were hastily assassinated. First consider Tiberius Gracchus. It is imperative to analyze his style of leadership and his political strategies. During his term as tribune, Tiberius' major goal was to pass a land reform bill. This bill was biased toward the masses. Tiberius tried fairly and squarely to gain the support of the Roman senate, but this effort was to no avail. Tiberius then resorted to unfavorable tactics when he impeached another tribune, Octavius, the major opponent of Tiberius' bill. Thus Tiberius willingly destroyed the long-held and quite favored notion of an immune tribune. However, this is what the common people wanted. Tiberius' big mistake was blatantly opposing, thus disrespecting the Roman senate. As a result, the senate assassinated Tiberius. The lesson to be learned here is not that Tiberius' agenda was constructed out of self-interest or greed. Tiberius simply wanted to help the common people. However, Tiberius' methods were not proper for that time in that place. And it is probable that Tiberius could easily have been persuaded to compromise. Thus, Tiberius' downfall was not his agenda, but his style and political strategy. A different example of the same principle is summed up with the story of Tiberius' younger brother, Gaius Gracchus. Gaius worked not to appease the senate, but to appease the people. Although this seems quite noble of him, it was still a mistake to oppose the senate. Granted, this notion is counter-intuitive. One would expect that the senate is supposed to help the people, and since Gaius was helping the people, the senate should favor him. One would also expect that because it was the common people and not the senate that elected him, that he should have unwavering loyalty to the people. However, one must not look at the situation with a 1990's, American, free will and liberty, democratic eyes. Rome was not a democracy. The senate commanded respect, and to disregard the senate, whether the people were in favor of you or not, was not a wise thing to do. Thus, Gaius was also assassinated, like his brother, by the senate. It does not seem fair that Gaius was killed, but such is life, and had Gaius employed a more "senate-friendly" strategy of passing his laws, it is probable that his fate would not have been what it was. One final example of this is Julius Caesar. Caesar was a warlord and a dictator, but if one can look past that, as ridiculous as it sounds, then one would also notice that Caesar did a lot of good for Rome. As dictator, Caesar saw to a series of rapid reforms in many areas of Roman life. He scaled down his large army by settling many of his soldiers in newly founded colonies and extended Roman civilization into some of the provinces. His most lasting reform was one by which we still regulate our lives ? the establishment of a calendar based on the old Egyptian reckoning of 365 days, with one day added every fourth year. This "Julian" calendar lasted until 1582. Then, there were those leaders whose style of leadership and political strategy fit perfectly into the framework of society, such that they were considered to be great leaders. These leaders were Agricola and Augustus. Agricola was an army commander for most of his relatively long life. He was regarded to be one of the best men anywhere, and he was revered by all. Yet, being an army commander does require some killing and punishing. Let's be real. How is it that Agricola was, by the nature of his profession, a killer, yet was so respected, while Tiberius and Gaius strove to help people, and were assassinated? The answer

Thursday, March 12, 2020

Europe and the Revolutions of 1848 essays

Europe and the Revolutions of 1848 essays From ancient times until well into the nineteenth century, people were often considered subjects (not citizens) of their states and countries. The people wanted to see a change, which is why socialism was discovered. Socialism focused its aim on economic, political, and social justice for all people. The possibility of achieving these aims was first envisioned in the last quarter of the eighteenth century. It was a time of extraordinary social and political upheaval. Socialism grew out of the French Revolution and its intellectual growth and demand for equal rights, absolute democracy, and the redistribution of property. Socialism was first developed because of the revolutionary impact capitalism had on European society. Capitalism first emerged late in the Middle Ages throughout the Industrial Revolution. Capitalism (or the market economy) broke all the social bonds that had been seen during the Middle Ages. The class structure, in which everyone had a fixed position and individual responsibilities in society, was demolished. For the first time, a large class of factory workers came forth whose livelihood depended on wages. They were considered to be deprived of property because they owned no means of production. The value of their labor was seized by the capitalists for profit, while at the same time, their wages were kept as low as possible. Socialists saw the possibility of class conflict in this new capitalist economic structure. The conflict that arose was between the number of exploited workers and their capitalist exploiters. Because of this conflict, the socialists predicted the eventual transfer of the ownership of private property (the means of production) from the owners to the workers. Karl Marx's The Communist Manifesto discusses how a revolution could come about. Ever alert to ironies, Marx observes that it was the Industrial Revolution itself that had been organizing the workers most effectively. History, of cours...

Monday, February 24, 2020

Short answer questions about an economic article Essay

Short answer questions about an economic article - Essay Example Housing craze bubble occurred due to Goldman’s by reducing the standards of underwriting mortgages rates. They were able to trick pension schemes funds and insurance into buying into their idea. The mortgage package they offered had hidden irregularities meant to exploit the investors. Many rushed into investing thus creating a large real estate whose investment were being speculated by Goldman. Eventually, the housing bubble crumbled and investors were fleeced of their investment (Higgins 89). $4 a Gallon bubble came into being when Goldman influenced large investment companies to invest in the speculative oil market. When the world market prices declined, Goldman’s investors lost billions of investment. However, it was instrumental in manipulating pump prices rise to $4 a gallon thus continually robbing from the public. In the Rigging the Bailout bubble, Goldman’s caused the collapse of insurance and investment giants like AIG who remained deeply indebted to them. When the government chipped into bailout them, Goldman had to be paid fully despite them being behind the investment and insurer downfall. Global warming bubble occurred when Goldman covered up their bad deeds in the name of environmental conservation plan advocating for a bill that will limit carbon emission. Thus, they will trick companies into managing finances meant to reduce these emotions (Higgins 112). Goldman used its political influence to win over lucrative initial public offer deals. Its activities included bribery of executives of other investment institutions in order to be awarded future underwriting deals. Their top executives participated in a long-term greedy behaviour. They also manipulated the prices of shares to gain bonuses at the expense of its investors. Goldman’s behaviour led to shareholders and investors launching several lawsuits and it walked scot-free after manipulating the prosecution by paying a $60 million which is a small