...he wished was what was the best for the people. These ideas are seen in modern day socialism, since unlike capitalism, they do not put so much thought into maximising the profits, all they want is the greater good. It is interesting to note, that these days many Christian socialists are viewed as extremists. A perfect example to prove such notion wrong would be to look at Thomas More, who was not only the author of Utopia, a book which inspired Karl Marx, but was also a devoted Catholic and even a saint. Furthermore it has to be noted that Jesus mainly focused on the ones that needed help. He proved this when he made all of his followers to get rid of their money and their goods in order to become true apostles. He made it clear for the rich people to see that wealth is a negative aspect and that "It is harder for a rich man to get into heaven than for a camel to pass through the eye of a needle.” Additionally, in Luke 3:11 Jesus tries to show that wealth has to be shared amongst the people and says that “Whoever has two tunics is to share with him who has none, and whoever has food is to do likewise,” or “"But if anyone has the world's goods and sees his brother in need, yet closes his heart against him, how does God's love abide in him?” All of these quotes portray how important it was for Jesus to distribute the wealth, how no one should be richer than the others and how no one should be more or less superior. Similarly to Karl Mar, we begin to see that Jesus did think that...
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...2010 | http://dx.doi.org/10.5018/economics-ejournal.ja.2010-22 Housing Wealth Isn’t Wealth Willem H. Buiter Citigroup, London Abstract A fall in house prices due to a change in fundamental value redistributes wealth from those long housing (for whom the fundamental value of the house they own exceeds the present discounted value of their planned future consumption of housing services) to those short housing. In a closed economy representative agent model (the special case when the birth rate is zero, of the Yaari-Blanchard OLG model used in the paper), there is no pure wealth effect on consumption from a change in house prices if this represents a change in their fundamental value. When the birth rate is positive, higher fundamental house prices driven by the housing demand of future generations will boost current consumption. There is a pure wealth effect on consumption from a change in house prices even in the representative agent model, if this reflects a change in the speculative bubble component of house prices. Two other channels through which a fall in house prices can affect aggregate consumption are (1) redistribution effects if the marginal propensity to spend out of wealth differs between those long housing (the old, say) and those short housing (the young, say) and (2) collateral or credit effects due to the collateralisability of housing wealth and the non-collateralisability of human wealth. A decline in house prices reduces the scope for mortgage equity withdrawal...
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...Office sustained per Citizens By Jose Mariscal Definition Patronage is the support, encouragement, privilege, or financial aid that an organization or individual bestows to another. In the history of art, arts patronage refers to the support that kings or popes have provided to musicians, painters, and sculptors. It can also refer to the right of bestowing offices or church benefices, the business given to a store by a regular customer, and the guardianship of saints. The word "patron" derives from the Latin patronus, "patron," one who gives benefits to his clients (see Patronage in ancient Rome). Abstract This essay proposes a new patronage network driven by a Transfer Technology Office sustained per Citizens. Engage to generate wealth created by innovator citizens and that this wealthy be distributed to thinker citizens. Source readings: patronage history and the books The World is Flat and Open Business Models. From the Beginning of the first Organized Societies, the art, supported by patronage Were sciences. The development of the same innovations to generate this value was by wealthy people and / or political power within society (e.g. family Medici, Pope Julius II who sponsored Rafael). In other words, the benefits of this value was for people with resources and in some ways was "monopolized" the creation of innovations by the high echelons of society. Whatever its roots, it became firmly institutionalized in Florentine life. As Biagioli describes it...
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...Michael Capobianco November 2, 2011 Philosophy 108 Moral and Social Problems Essay Topic #3-Distributive Justice “Unjustified Wealth” By: Michael Capobianco Michael Capobianco Philosophy 108 November 2, 2011 Unjustified Wealth In many ways it seems unjust about how wealth and money are distributed in modern America, but there are many cases in which people with excess money have to earn every penny with hard work. In certain cases, people are born with certain talents and abilities that supply vast opportunities of which others may not have. A prime example of this would be Alex Rodriguez, who is considered one of the most talented and highly paid baseball players in the Major Leagues. Due to his talents on the baseball field, Alex Rodriguez is currently making 27.5 million dollars a year to play the sport he was born to play. The public views Alex Rodriguez as an idol for everyone who strives to be the best at what they do. As a college baseball player at Umass Boston I have seen some of the hardest working athletes imaginable, but for most of them being as successful as Alex Rodriguez is completely unreachable. Each and every one of us is born different with different talents and abilities, and the best we can do is maximize our potential. The only way to accomplish this is with hard work. Every person is created different and will have more potential at certain things, which is why I feel that money should solely be earned on the hard work...
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...A Limit on Maximum Wealth Must Be Implemented In Canada. Now is the time for the Canadian Robin Hood to step up, and take away from the rich to give to the poor before it’s too late. The inequalities between the rich and poor citizens are so obscene already, and yet still rising quickly. As Karl Marx puts it, “accumulation of wealth at one pole is, therefore, at the same time, accumulation of misery, the torment of labour, slavery … at the opposite pole.” According to Forbes magazine, in 2007, twenty three Canadians were billionaires. This means, their wealth is considered to be over one billion dollars each. Compare this to the fact, that in the same year, CBC News estimated Canada’s homeless population to be somewhere between 200,000 and 300,000 people. These are people who cannot afford the bare minimum. A meager amount, of just a couple hundred dollars a month in rent would be sufficient enough to provide them with a bed to sleep on at night. That being said, an important question arises. How much wealth would one need, in order to be happy? One million? Hundred million? One billion? It is believed by Daniel Gilbert, professor of psychology at Harvard University, that once basic needs such as food and shelter are met, the rest are little increments which have little effect on an individual’s level of happiness. You might be surprised to hear, but research determined that to “buy happiness” one would need just 40,000 dollars per year. A bundle of happiness could be...
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...definitive biography of Andrew Carnegie, the victory the young man won through his letters to the editor left a lasting impression: It was also his first literary success, and for Andrew nothing else that he had known in the way of recognition by others had been quite as exhilarating as this experience of seeing his own words in print. It fed his vanity and at the same time increased his appetite for more such food. At that moment a journalistic ambition was born which he would spend the remainder of his life attempting to satisfy. (1) An American possessed of nineteenth century grandeur, he was yet a man of contradictions. The wealthiest human being of his time, he was convinced of the merits of poverty in developing character. His vast wealth, produced by the sweat of "the toilers of Pittsburgh," he returned to the city he loved, to America, to Scotland, to England and to the world. Not a...
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...Case Analysis – Ben Ohau Lodge Ben Ohau Lodge, located in the high country of New Zealand, is a high-class resort aimed at the world’s most exclusive clients. Started by a New Zealander and his Indonesian friend, this pricey resort provides every accommodation a particular segment of wealthy clientele could ever ask for. Understanding the market brought about a breakthrough opportunity for Ben Ohau Lodge, and it has led to some success. Relying solely on promotion via word of mouth, publicity, and public relations, the retreat has built a relatively steady base of customers. These customers fall into some rather exclusive dimensions. Some of the qualifying dimensions include the need for a safe and secure vacation spot, offering luxuries and amenities. They must also be in the upper social class, meaning they fall into the top 1% of the income bracket. This means that by default, the customers will be foreign rather than New Zealand locals. According to the Forbes List of Billionaires for 2013, only 3 of the 1426 are from New Zealand. One of the most defining dimensions of this market segment is a love of nature and isolation. Not all wealthy people fall under this category. Ben Ohau Lodge does not provide spas, shopping, or upscale dining, all of which would be attractive to a large segment of a wealthy market. Another defining dimension is the ability to be out of contact for the length of the vacation. Internet and cell phone service is at a low, if available...
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...Nation: Fiji School: Notre Dame High School Subject: WHEREAS, 45% ( aprx. 360,000) Fijians are living in poverty with this number increasing yearly since the implementation of the poverty eradication program formation and, WHEREAS, $1.5 billion dollars was spent to study and form programs to assist this problem have proven to cause a large burden to the citizens by increasing budgetary allocations by taxpayers, worsening the problem and, WHEREAS, the average household income is $12,00 with 83% making less than $25,000 a year, the gap between the nation’s wealthiest and nations poorest is widening, trickledown economics is failing this country and, WHEREAS, providing equal opportunities to goods, services, education, governmental supplements, and programs directed towards offering loans for lower income brackets as well as those at higher brackets with the incentives for promoting Fijian tourism and goods would benefit the nation as a whole and, WHEREAS, investing in the people of Fiji could bring about economic stability through community based savings/banking programs that keep Fijian monies flowing through the hands of more Fijians, thus decreasing the number of impoverished citizens without access to financial institutions for self employment purposes and, WHEREAS, eradicating the divisive walls of inaccessibility by placing opportunity in the hands of the average citizen and, THEREFORE IT BE RESOLVED, that the United Nations promotes an economic plan to...
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...Riley Glasper Chronicle of a death foretold questions February 18, 14 1. Some of the views towards women in Chronicle of a Death Foretold show different understandings of the characters in their society. For instance, on (page 3) Santiago’s mother shows her attitude towards wealth and power of the wealthy people. To me it seems like she has clear understanding of the rules, but still fights for her place in her community. That she will not accept the virtues that are placed upon her, she stands up for her rights and views towards those who have money and power. She is very cynical about the occasion, which seems to be her only interest. On page 10, Victoria Guzman considers her affair with Ibrahim Nasar as an expression of his affection. As they were romantic which lead to Victoria getting a house servant position generated by his wealth and higher social standing. Also revealing the order of hierarchy between the natives and the whites. The women also seem to be standing up for their rights, like going against the treatment they are ordered to ensue. On page 16, “For the love of God,” Murmured Clotilde Armenta. “Leave him for later, if only out of respect for his grace the bishop.” “It was a breath of the Holy Spirit,” she often repeated. Indeed, it had been a providential happening, but of momentary value only. When they heard her, the Vicario twins reflected, and the one who had stood up sat down again. Both followed Santiago Nasar with their eyes as he began to cross...
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...The Given Pledge 1. ”The Giving Pledge” is a commitment by the world’s wealthiest families and individuals to dedicate the major proportion of their wealth to philanthropies. It is a project Warren Buffet, Bill and Melinda Gates have created. The intended meaning is to give over half of their fortune to charity. Buffet, Bill and Melinda Gates and others called some of the wealthiest individuals, with intentions that they would give half of their fortunes themselves. “My Philanthropic Pledge” has a very positive attitude, which is obvious since the author of text 2 is Warren Buffet, one of the co-founders of the project. Buffet is very satisfied with his decision, he has promised 99% of his wealth to charity, primary because he doesn’t value money as much as his health and long-standing friends. That is why he can donate all his unneeded money to philanthropy. Buffet encourages other wealthy people to join the pledge. He mentions that giving away 99% of his fortune won’t mean anything to his way of living. Buffet, his children and his wife will continue to live their life unaffected. His children have received considerable sums for their personal use and further life - he is using this argue to tell the wealthy, that even though they give away half of their fortune doesn’t necessarily means they have to change their lifestyle. It can mean life or dead for the suffering, while it can mean a little or big yacht for the rich. In “The rich want a better world? Try...
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...Social justice: a key for Utopian society. An Utopian society is a concept that was developed by Thomas moore in 1516; which stands for the fact of having a perfect and ideal society where there is no terrorism, corruption, or crime and in which it exists an economic, social and political justice that makes all the population equal in rights and wealth distribution. To start, an utopian society cannot be achieved easily. The state should go through many political, social, and economical reforms and sacrifices. In this paper; I will be dealing with one specific topic; which is the social justice and how it can help forming a democratic society where equality and solidarity principles exist. In addition; I will focus on some principles such as human rights and property distribution within the society. To develop this term “social justice”; we should first try to define it. Social justice means creating a society with principles that consist of solidarity; human rights respect, and providing an acceptable social life conditions. It means also the freedom of access to all goods and services provided by the government. First of all; social justice derives from different religious roots and perspectives, Judaism agrees about its importance in people’s lives and its positive impact on their religious beliefs and practices. Moreover; Christianity focuses on people’s dignity as an essential tool of justice, also Christianity insists on helping poor people because they suffer more to...
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...Using the material from item 3B and elsewhere, assess the reasons for the widening gap between the rich and the poor in the UK. Beth Clarke. One reason for the widening gap between the rich and the poor is that since 1970, the government taxation policies have changed, these policies are more favorable to the wealthy people. This means that households within the higher tax bracket are paying less tax, this in turn then makes the rich people richer meaning the gap between the poor even greater. for example as item 3B shows in 1970 the share of total income taken by the top 1% of earners was only 7.1%this had risen by more than half in 2005 and the share of total income take by the top one percent of income was now 14.3%. A second reason for the widening gap between the rich and the poor in the UK is changes to the labour market, these changes have led to more relatively low paid jobs such as in the tertiary sector. With less people working in the higher paying primary and secondary sectors the gap between the rich and the poor will be widening as more people will begin to work within the substantially lower paying tertiary sector, this will widen the gap between the rich and the poor as it means there will be more people working in lower paid jobs. Item 3B also raises the Marxist Argument that our Capitalist society is the underlying reason as to why there is inequality in our society. It could be argued that Capitalism is to blame for the widening gap between the rich...
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...UNFAIR DISTRIBUTION OF LAPTOP BY SADIA ASLAM, Hard work has been considered a culmination of success .Lack of it, leads towards the edge of deterioration and darkness. Hard work is always ‘’key word’’ spoke by ancestors to make us aware its fruit. A student regardless of his/her affiliation to university or college always tries to gain prominent position in exams .None gratifies him either his post or employment but only the ‘’appreciation’’ joined by teachers, elders and dears. A chance also comes in our life to ‘’admiration’’ the form of laptop distributed by the government to polish the facilities of students and to include the spirit of progress. I really salute them, who have suggested to ‘bestow laptop to the proficient learns. Many of us consider that it is a kind to political propaganda but I myself ignores and rejects it, why a reasonable politic will spend his millions and billions in laptop’s division. This division is actually an undeniable blessing for those who have attained but what to speak of rest? It has been a fair distribution, Is there any right of private students who are still continuing their studies and are in constant struggle to quench the thirst of the knowledge. We are all Pakistani? Pakistan has been established in the name of ‘’equality’’ .Where is equality...
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...Praise for 8 Secrets of the Truly Rich “In this his latest book, Bo Sanchez preaches on wealth. He shows that as in all good things, the true value of wealth lies not in possessing it but in giving it away.” + Gaudencio B. Cardinal Rosales Archbishop of Manila “Bo Sanchez has done it again! This book is an excellent combination of personal experiences, well-researched investment information and sound spiritual guidance for all of us.” — Jose Concepcion, Jr. Chairman of the Board RFM Corporation “Bo says, ‘Money isn’t the most important thing in the world. But money affects every important thing in the world.’ Statements like these make Bo’s book — every chapter of it — very tempting to read. Catchy.” + Angel N. Lagdameo Archbishop of Jaro, Iloilo President, Catholic Bishops Conference of the Philippines “Bo Sanchez demolishes the myths that equate wealth with materialism, and having money with being rich.” — Gerry Ablaza CEO, Globe Telecoms “Bo Sanchez’s 8 Secrets of the Truly Rich balances our views concerning material wealth. It helps us appreciate God’s gifts as a means to multiply goodness in the world.” + Ricardo J. Cardinal Vidal Archbishop of Cebu “Bo’s book inspires us to work hard and aim high to be wealthy in the true sense of the word. Bo shows the way! A good read!” — Socorro C. Ramos Founder and General Manager, National Bookstore For Bo’s Truly Rich Newsletters, log onto www.iamtrulyrich.com ISBN 978-971-93671-2-3 What the Rich Know that the Poor Don’t Know ...
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...Essay grid: Introduction – a good way to get started is to briefly introduce the main theme of the text in a way that catches the reader’s attention. | The story is about fortunes and material wealth. The narrator of the story has been pickpocketing since he was five and has lots of money hidden in a cardboard box in the room the narrator has rented. One Sunday he sees a man with a bulging wallet and decides to follow the man and his son. When the narrator sees his moment to steal the wallet, he takes it and gets away. But when he comes back the boys stands against a wall and the narrator takes him with him home. | Characterisation of the main character. Useful links:1) General advice on characterisation2) Advanced advice | The Narrator: Has been pickpocketing since he was five. Has a “fortune” of money hidden in his apartment, but he do not count the money. The narrator has never counted his fortune, because he is afraid of knowing waht he is worth. He grew up with his mom, who tried to raise him good. His father was not very good and did not give him any attention as a kid and when he died, the narrator was not sad. He has a strong sympathy for the kid and keeps telling the boy how much he is worth. He also likes Chinese fortunes a lot and keeps every single one of them in a box. He describes himself as ugly with crooked teeth, oily hair and bony knees. The boy: He is described as quiet and very unhappy. He does not like his home, and when the narrator drops him off...
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