...Socialism Vs. Capitalism & Everything In-Between. We have all grown up seeing that we live in a world that divides our planet into territories. These territories are bordered by imaginary lines that divide us from them. The borders in which we live play a major role in developing each of our identities, our customs or traditions, the way we conduct ourselves in business and personal endeavors. Some of us have grown up with an expectation of freedom to choose, while others depend on their government to act in their best interest. Depending on what country you call home, you either participant in a free market economy, a controlled economy, or a mixture of both. In this report we are going to look at what creates each type of economy and where we can find examples of each within the world. First we are going to analysis the characteristic of a Free Market Economy. In a free market, the government’s role is to “make sure that the market is stable enough to, properly, conduct business” (Freidman). In purity, the system hopes to “eliminate subsidies for industries, the pre determination of prices, and the amount of regulation controlling certain industry sectors”(Freidman). The implementation of a free market introduced individual property rights, which allows citizens to voluntarily exchange property/resources at a price arranged solely by the mutual consent of the buyer and seller. The seller is free to choose if the price being offered is worth their property; without threat...
Words: 2335 - Pages: 10
...engineering complained that the transition from slide rules to calculators had affected their students' ability to deal with issues of scale. When students used slide rules, they had to insert decimal points themselves. The professors insisted that that required students to maintain a mental sense of scale, whereas those who relied on calculators made frequent errors in orders of magnitude. Additionally, the students with calculators had lost their ability to do "back of the envelope" calculations, and with that, an intuitive feel for the material. That same semester, I taught a course in the history of psychology. There, I experienced the impact of computational objects on students' ideas about their emotional lives. My class had read Freud's essay on slips of the tongue, with its famous first example: The chairman of a parliamentary session opens a meeting by declaring it closed. The students discussed how Freud interpreted such errors as revealing a person's mixed emotions. A computer-science major disagreed with Freud's approach. The mind, she argued, is a computer. And in a computational dictionary -- like we...
Words: 2653 - Pages: 11
...Health care services in India are facing different challenges from inadequate finance and poor management to inequity in terms of quality and access (Ramani-Mavalankar, 2006). However, corruption is that underlying problem, which if not tackled, would prevent from resolving all other kinds of difficulties (Potter, 2003). Therefore, in this essay I have endeavoured to understand the forms in which corruption is prevalent in Indian Healthcare Services. Along with this, I have also tried to suggest certain measures which would help tackle corruption. The former president of Medical Council of India, Mr.Ketan Desai has been charged with corruption both the times he has been elected for the post. Despite his removal in 2001 following the charges, he was re-elected by the Government of India in 2009 (Pandya 2009). Thereafter in 2011 Mr Desai was arrested by the CBI for accepting a highly culpable amount of bribe from two medical colleges seeking recognition. (Chauhan, 2011). Mr Desai justifies the definition of corruption by Transparency International, as the result of misused powers to benefit personally instead of doing public welfare (Vian, 2007). Moreover, this definition would be appropriate for the Government of India who elected a person with history of fraud to be the president of the central health governing body of the nation. Health sector, in any nation, is a vast network involving different participants at each stage ( Hussmann,2011). Therefore it becomes difficult...
Words: 1508 - Pages: 7
...transcendent phenomenon, not simply a big, pervasive one. A Google search on “meta-trend” turned up a rich diversity of uses, almost all of which clearly involve convergent or catalytic change, as opposed to linear or sequential change. “The Oxford English Dictionary and Google,” I wrote back to the client, “agree that ‘meta-trend’ would most appropriately be defined as an evolutionary, system-wide development arising from the simultaneous occurrence of a number of individual demographic, economic and technologic trends.” “Each of your ‘meta-trends,’” I concluded, “is simply one individual freestanding global trend. Each of my ‘meta-trends’ is a composite scenario of trends.” The client immediately accepted my definition, and the following five essay-scenarios were the result. Five Meta-Trends That Are Changing Our World ©April 2004 • David Pearce Snyder • david@the-futurist.com *Published in the July/August issue of The...
Words: 3965 - Pages: 16
...have been increased to be more open about their activities and they can reach the acceptable standards in their business. For the labour, CSR is an important way to increase competitive advantage, protect and raise brand awareness and build trust with consumers and labour. CSR is one of the important way to improve marketing in make the brand become popular in business. The aim of the essay is going to discuss about the rise of CSR policy and an example of Starbucks coffee and Mark & Spensers with their CSR's performance. First of all, The rise of CSR includes five trends to demonstrate the theory of CSR policy. There are Transparency, Knowledge, Sustainability, Globalization and The Failure of the Public Sector. The first trend is Transparency , it deals when most of the companies have become increasingly transparent because of the modern information technology world nowadays. The internet, online newspaper are update very frequency . That why every things the companies do whether good or bad will be known immediately in all over the world. That why the businesses look after their transparency almost carefully. The second trends is Knowledge. Consumers and investors can be more discerning and have more knowledge at their disposal. Consumers can...
Words: 1577 - Pages: 7
...this regard many oppose the changes and many accept it. This essay will discuss the issues that are surrounding the empowerment of women. The implementation of women empowerment has both negative and positive aspects. There can be many disadvantages of empowering women. Firstly, many people still have the traditional perception that the woman's place in the society is her home. Empowering women would mean to allow her to leave her comfort zone and indulge in activities that could pollute her spiritually, emotionally and physically. A woman’s most precious possession is her virginity (Hudson, 1977). Most Islamic countries still follow this norm. Therefore, many at times women might not be given a fair chance to go out in the society to fulfill their dreams, socialize or to even voice out their opinions. For example; a Muslim woman is denied the right to choose her husband, report of abuse and is even excluded from mosques due to certain Islamic principles (Issues Of Concern For Muslim Women, 1995). As such, this can prove to be a little difficult for women living in some Islamic countries to totally move away from their cultural values. Secondly, lack of education for rural women restricts women from knowing their legal rights and also from getting involved in activities outside the home. In some areas women are still living with the notion that they are just to perform household chores and that there is no other life for them other then cooking or cleaning. For example, an eighteen...
Words: 936 - Pages: 4
...------------------------------------------------- he Personal Leadership And Management Development Unit Title or No: Unit 6.7 Assignment Title or No: Personal Leadership and Management Development Student Name: Annabelle Benigen Name of tutor: Ms. Miriam Sadiq Student Number:AB230800000172 Due date: Student Contact Number:07859411620 Student Email:benigenannabelle@yahoo.com CHEATING AND PLAGIARISM All forms of cheating, plagiarism or collusion are regarded seriously and could result in penalties including loss of marks, exclusion from the unit or cancellation of enrolment. Student Signature: Date: ASSIGNMENT RECEIPT Unit/ Assignment tile: Name of tutor: Name of Officer: Signature: Date: As a carer, I have dealt with different management styles and the different range of cultures or values implemented within the workplace. The impact of it had affected me to pursue on the management career, helped me reflect on what leadership and management style I would be developing on in which I came up with this study. I would be looking at a detailed study on the elements of the different range of organisational objectives, values and culture and their impact on the management and leadership role in my organisation. Evaluate these leadership and management skills to the attainment of the organisational objective and to assess my personal leadership and management skill and identify any personal development plan that supports the organisational goal. On the second task...
Words: 3250 - Pages: 13
...THE PUBLIC SECTOR AND ETHICAL TRANSFORMATION: ISSUES AND IMPLICATIONS FOR THE BUREAUCRACY Introduction Ethics is gaining prominence in the discourse about governance today. There is a perception that standards in public life are in decline. This raises questions about the costs of misconduct on the part of those who have been entrusted with guarding public interest and resources. These costs are losses in trust and confidence in public institutions and losses in precious resources which were meant to support the economic and social development of nations and peoples. There is a move worldwide to restore a measure of trust and integrity in public institutions and officials, to safeguard democracy and promote better governance. It could be argued that the perception of a fall in public standards is linked to the shifting role of the state, which is undergoing tremendous reform. Globalization, technological advances, spreading democratization and fiscal crises are challenging states to deal with strong external forces, be - smart - in serving its citizenry, devolve power, and divest it of obsolete activities. As a result, the public service, as an institution, is under pressure to transform itself to respond to these changes. As public servants are asked to take on new and sometimes conflicting roles, there is a need for a cost-effective structure and an encouraging culture to enforce standards and guide their behavior. Government and society cannot promote and enforce ethical...
Words: 5385 - Pages: 22
...Introduction This essay mainly discussed the market for information, although this market is invisible, it plays an essential role in financial and banking industry. In part I, the essay will try to explain why the market will exist as well as why the different kinds of participates exist. The market for information is a complex market with a large number of chains and relations between information producers and information buyers. However, some chains and relations of the market are the core part for the market to function well. The essay will also discuss the “Chains of transacting and accountability” and “Networks of assurance”. However, in the process of information producing, there will be some difficulty in learning and knowledge creation. In part II, the essay will firstly introduce the ideal process of learning and knowledge production and secondly discuss the reason for the ineffectiveness of learning and knowledge creation processes. Based on the possible reasons of ineffectiveness, it will also give some suggestions on how to avoid the difficulties in the future. This essay is mainly based on John Holland’s two papers; therefore, in the end, the report will discuss some limitations of these two papers. I. Information production and assurance roles of participants in the ‘market for information’ What is the market for information and why does this market exist? Information markets are usually a place where individual knowledge is organized and aggregated...
Words: 3467 - Pages: 14
...Critical Review Essay Sustainable and Systems Thinking (7920IBA) Critical Review of “The Norm of Self-Interest” Introduction Miller’s (2001) article “The Norm of Self-Interest” discusses that the average person is a self-interest theorist, self-interest and behavior, self-interest and accounts of behavior, self-interest predict behavior better than attitudes and Incentives having impact on charitable donations. This paper will discuss the particular norm that pertains to beliefs about the extent to which attributes and behaviors of others are dictated by self-interest. Miller (2001) argues that the theory of self-interest has causal power and how it plays a role in its own confirmation, is the core focus of this article. Critiques of Miller’s hypothesis will be from influential theories of human behavior, including evolutionary biology, behaviorism, and psychoanalytic theory (Etzioni, 1988; Kohn, 1990: Schwartz, 1986; Wallach & Wallach, 1983). Specifically, describes the evidence for a norm of self-interest, whereby people expect that others’ attitudes and behaviors will be guided by personal stake (Miller, 1999; Miller & Ratner, 1996, 1998; Ratner & Miller 2001). Miller (2001) argues that these expectations can have profound implications for charitable donations for both money and time. For e.g., when a spokesperson for a cause solicits support from others, the targets for the advocacy requests feel that it is harder to say no when the advocate indicates...
Words: 2398 - Pages: 10
...Sylvanus Bockarie English 102 Essay 4 Kinghon, Kevin A Capitalism in United States What Kind of Capitalism does Americans want? First of all, I am going to show a quick overview of the unfolding of capitalism since the Great Depression, which I believe is vital in order to understand the capitalism that exists in the United States today and some of the problems to it. Then I will look at four different complex areas of free market capitalism in America compared with the Scandinavian government control capitalism. I will then talk about what kind of capitalism we want: We being different interest groups, such as the shareholders, the C.E.O.'s, the average worker and the poor. Finally I will talk about what values might be at stake in capitalism. In the United States, the 1930s Great Depression threatened to knock out the capitalism that had been gradually developing for the past 400 years and this led to abandoning the laissez faire capitalism and instead embracing the New Deal concept of government managed capitalism in order to control money supply and government expenditure, and in order to limit the increasing gap of inequality of income. The 1950s and 1960s were decades of equality, but the energy crises of the 1970s forced the government to kick start the economy imposing new taxation benefiting the rich and once again causing widening inequality. Today, capitalism is the most important economic system of the Western world, in its however various forms: In the...
Words: 1399 - Pages: 6
...media and electronic media. Newspapers, magazines and any other form, which is written or printed, is included in print media and in electronic, media radio, television and Internet etc. are included. When there are so many channels and newspapers we cannot ignore its importance in the society.Mediacan change opinions because they have access to people and this gives it a lot of strength. This strength can either be used constructively by educating the people or it can be used destructively by misleading the innocent people. Power of the media can transform the whole society. Keywords: Print Media, Electronic Media, Democratic Media, Educative Media, Media in Entertainment. Introduction Media is everywhere; it has become a part of our daily life. The media play a dominant role in the learning process. Media has potential to shape personalities, change the way we perceive and understand the world and our immediate reality. The term media is derived from Medium, which means a carrier or mode. Media denotes an item specifically designed to reach a large audience or viewers. The term was first used with the advent of newspapers and magazines. However, with the passage of time, the term broadened by the inventions of radio, TV, cinemas and Internet. Connecting with media means being connected with the world around us. We spend much of our time entertaining ourselves by browsing channels on TV, surfing on the internet or talking on the mobile phones. In the world of today, the media...
Words: 2994 - Pages: 12
...Cover sheet for essay Student name: _________________________________________________ Student number: _________________________________________________ Course name: _________________________________________________ Course number: __________________________________________________ Due date: _________________________________________________ Lecturer: _________________________________________________ Number of words required: _________________________________________________ Number of words written: _________________________________________________ DECLARATION: I declare that: ● No part of this assignment has been copied from any other person’s work except where due acknowledgement has been made in the text. ● No part of this assignment has been written for me by any other person except where such collaboration has been authorised by the lecturer concerned. ● I hold a copy of this assignment which I can produce if the original is lost or damaged. Signature: _________________________________ Date: ___________________ ● NB: A lecturer or tutor has, and may exercise, the right not to mark this assignment if the above declaration has not been signed. ● If the above declaration is found to be false, appropriate action will be taken. . Little White Lies – Honesty or Dishonesty? Or just an easy way to avoid the painful truth? Lukas Cavalcante Baier Zhejiang University of Science and Technology Abstract Everyone lies. But...
Words: 1694 - Pages: 7
...310978 Title of Essay: Why are ‘Corporate Social Responsibility’ strategies important for enterprises? Prof. Dr. Jose M. Magone LV 400591.01 Work, Business & Society Berlin, 2011 Abstract Nowadays, the importance of social responsibility activities is growing awareness for companies.It is directly related to your business and if you want to have long term business success, you have to create value for the society.People are aware of the social and environmental problems of society.In this technology time, it is so easy to reach the information whatever they want They always follow the daily news from the world and care about them.Due to the fact that paying for the strategies of CSR increases attention to the corporation.Companies’ understanding of social responsibility should always be the part of their investment strategy.They should regard the “Corporate Social Responsibility” as a business management philosophy not as a social activity.It definitely provides sustainability to the business.The purpose of this essay is to explain why “Corporate Social Responsibility” strategies are so important for enterprises.Firstly I will explain the theoretical information about criterias and framework of CSR and then I will support the facts by giving examples from the international companies to clarify the reasons of importance well. Index of Abbreviations The abbreviation used throughout on this essay is presented below; ...
Words: 3409 - Pages: 14
...| Money, Attitude, and Unethical Behavior | Business Research Methods | | | December 11, 2013 | This research paper focuses on the relationship between money, attitude, and unethical behavior. Comparing the data found in regards to gender and major according to a study by Dr. Chen and Dr. Tang. | Introduction Many believe that the success of a business is determined by they amount of money they generate on an annual basis. Because of this widespread belief, we often see a lack of morals, values, and ethics incorporated into the business. Many businesses feel as if there is no room for ethics in the business world and that the relationships built should focus solely on the generation of revenue. According to Merriam Webster dictionary, we can define ethics as, “the discipline dealing with what is good and bad and with moral duty and obligation.” Every company has a code of ethics in order to determine the company’s culture and values. It also acts a driving force behind any decisions made by top executives. In market where there are so many profit-based businesses, often times we see the many difficulties in balancing the pursuit of profits while staying true to their code of ethics. The balance of ethical practice and profit maximization causes companies to face difficult decisions and many times businesses choose profit maximization. Business-to-Business and Business-to-Consumer transactions require frequent interaction. In every type of business transaction...
Words: 6528 - Pages: 27
