My Spiritual Autobiography - Free Essay Example

Sample details Pages: 4 Words: 1283 Downloads: 5 Date added: 2019/03/13 Category Literature Essay Level High school Tags: Autobiography Essay Did you like this example? My Spiritual Autobiography I am the only child of older parents. I was born in Plantation Florida. My mother was forty-one years old when I was born, and my father was sixty-one years old. Don’t waste time! Our writers will create an original "My Spiritual Autobiography" essay for you Create order My mother is third generation American also being born in South Florida, where she attended public and Catholic schools. Her ancestry is fifty percent Danish and fifty percent Irish. My father was born and raised in Costa Rica. His ancestry is fifty percent from Spain and fifty percent of the indigenous people of Costa Rica, whose origins are not really known. Both of my parents were raised within the Catholic faith. I have been raised in the Catholic faith, being baptized, receiving first Holy Communion and then participating in the sacrament of Confirmation. We are a middle class working family. We are not wealthy, but we are comfortable. I have never wanted for anything. We have traveled throughout the United States extensively and I used to spend summers with my fathers family in Costa Rica. We currently do not attend mass regularly as we are on twenty-four hour duty to care for my 100 year-old grandmother. My parents take care of her out of love, but it is emotionally stressful and takes a great deal time. They have tried to prevent any impact on me as much as possible, but I am called to help sometimes. As I started this essay, I looked up the definition of spirituality. According to the Oxford online dictionary, the definition is relating to or affecting the human spirit or soul as opposed to material or physical things. Spirituality is something that will change over your lifetime. As Professor Peter Feldmeier states in his interview U.S. Catholic interview for the article What is spirituality? Building a relationship with God is a life-long process of transformation. The key is first figuring out where your heart lies,the purpose of spirituality is transformation. He also believes if you can define what is most important to you and imagine the world to be, then you on your way to figuring out your spirituality. As Buddha said, just as a candle cannot burn without fire, man cannot live without a spiritual life. Because it is always transforming, there is no beginning and no end. It is constantly changing throughout your lifetime. I believe there will be doubts about your spirituality up until the moment you draw your last breath. That may be the most critical time, and that is when your faith will come into play. What do you believe? How have you behaved based on your beliefs? Are you worthy of salvation? Is there salvation? I agree with this position. I often question my faith and my spirituality. What is important to me changes over time as I learn more about people and the world. I have come to a greater understanding that we are all interconnected as human beings and with Gods other creatures on our planet. As I learn more, my priorities change. Throughout your life, spirituality and faith will guide your behavior, so it is important to always be aware of what you believe and what your priority are so you can act in accordance with both. My current state of spirituality has been shifting greatly the past few years. I was very selfâ€Å"centered and now I am shifting my priorities to family, friends and the community. I believe the change is the result of observing the love and care my parents give my grandmother. In addition, while completing my service hours, I have met so many other people whose situation in life is very difficult and it helped me know how blessed I really am. Often we feel sorry for ourselves, and as much as I do not like to see others suffer, it certainly changes ones perspective! As I continue my journey, I definitely need to talk to others about their spirituality. I also need to read and seek out information so as not to be afraid of any change or transformation. It is easy not to focus on spirituality or faith as by definition they are a belief that you have to somehow convince yourself at each point, it is the right priorities and faith. Then because it is always changing, you are looking for ways to connect the dots, and that is not always easy. Institutional church offers you guidance in determining priorities and explaining or justifying why those should be your priorities, what you should treasure. However, some churches can also provide mixed messages or as institution not have their priorities in the right order. I believe my relationship with God will strengthen in the future. As I mature, I seem to rely more on my faith, my spirituality and what means living a good life. I do not know if there is a heaven, but in a way to provide comfort for why we live, I would like to think there is and I will someday be there with God. If I were to sit with Pope Francis, I would challenge him to somehow reduce some of the rigidity and complexity of the church. I am not suggesting to loosen the definitions of what is sinful, or how we should behave, but rather to allow more full participation by regular people and use technology and more modern tools to communicate with the members. I would also suggest the church spend more time helping the poor, elderly, infirmed and less time on collecting and spending money. On the other hand, one of the Churchs strength is tradition. There are some traditions, like the sacraments which make us all the same, as one in Gods love. If I were ever blessed enough to sit with God, I would want to find out why as humans do we turn on each other the way we do? Why do we have instances of ethnic cleansing? Holocaust? War? Why do we do that? We each value, and when we hurt each other, we are turning our backs on what God has given us. My relationship with God in one word would be loving. I believe God loves all of us and all of creatures on the planet. As the Church teaches, all lives have value and deserve respect. This is the framework of a loving God. The color I see in God is blue. That is the color of the Virgin Mary who gave birth to Jesus. It is also a calm and peaceful color. Top Social Issues Climate change â€Å" Climate change is impacting our lives every day. From sea level rise, to rising temperatures, climate change is impacting plants and animals and is threating human existence. If we do not address it soon, it will become too late.   Divided country and world due to racism and intolerance â€Å" I think the world and our country is becoming more divided and we are less tolerant of one another. Racism is on the rise and people are acting out because of it. If I met God, I would want ask him to help me understand why humans act this way towards each other and how can we fix it? Hunger/Thirst â€Å" Due to climate change and increased draughts, over farming, cutting of our rain forest, water is becoming scarce as are is food, crops, and animals. We also overfish our oceans and unless we find another way to get nutrition, we are threating our future. Homelessness and poverty â€Å" It is hard to see someone on the street, dirty, hungry, tired and many with mental illness. We have so much wealth and technology and yet we cannot seem to solve the poverty and homeless issue.

Analysis of Violent Culture the Media, the Internet, and...

Analysis of Violent Culture: The Media, the Internet, and Placing Blame The author, Darren Beals, did not modify my opinion on the topic of violent culture but he presented evidence from several point-of-views. The media, internet, parents, and television all could be part of the problem Beals did not choose a side he just elaborated on their involvement in the Kipland Kinkelss shooting spree. In 2004 Students age 12-18 were victims of about 88,000 violent crimes at school, compared to about 309,000 away from school, states the National Center for Educational Statistics in 2004. No one factor can be the blame for violence determined in a situation such as this. There could be a variety of contributing factors. The media can ruin†¦show more content†¦As long as you have a connection, you can surf the web. There are ways around parental controls so you cannot monitor your child with 100 percent success. I just discovered that 13 year olds are smarter than the parent generation states a concerned mother in an article titled Bypassing parental controls in AOL. Apparently, all the child has to do is minimize the AOL window and open up an IE browser since the controls in AOL do not apply to IE. I do not place any blame on anyone but Kipland Kinkel. True, he was only fifteen when he committed the crime but he was well aware of what he intended to do. Robin Karr-Morse and Meredith S. Wiley, in Ghosts in the Nursery, wrote the roots of violence develop in the first two years of our lives, starting at conception and no one biological or sociological factor by itself predisposes a child to violent behavior, there are multiple factors that set the stage according to Court TVs Crime Library. Everyone has there own mind, although several things affect how we think, we have do deal with the consequences of choices nevertheless blaming our choices on others when situations go bad. Works Cited Beals, Darren. Violent Culture: The Media, the Internet, and Placing Blame. Dialogues. Pages 147-150 Courtvs Crime Library. Kipland Kinkel. 11 Oct. 2005. http://www.crimelibrary.com/serial_killers/weird/kids1/kinkel_2.html?sect=3. FMS Computer Training. Bypassing Parental Controls in AOL. 11 Oct.Show MoreRelatedMedia Violence9754 Words   |  40 Pagesgreatest of imitatorsÂ… The debate over media violence has eluded definitive answers for more then three decades. At first glance, the debate is dominated by one question. Whether or not media violence causes real life violence and whether or not it has a negative effect of the modern day Canadian family. Closer examination reveals a political battle. On one hand, there are those who blame media violence for societal violence and want to censor violent content to protect our children. 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Various Tenets Of The Accounting Samples †MyAssignmenthelp.com

Question: Discuss about the Various Tenets Of The Accounting. Answer: Introduction The present study focuses on the various tenets of the accounting standards, which are published by theInternational Accounting Standards Board (IASB). For instance, it is determined that in what manner the use of fair-value ofaccounting had led to the issue of global financial crisis (GFC) and the manner in which the intervention of the IASB can resolve the issue. It has been discussed in the study various ways through which the accounting standards of the IASB had to be modified due to the GFC. It is also determined that in what ways AASB can use the IASB standards. Accounting standards are depicted to have an impact on the global financial crisis that occurred during the year 2008. More precisely, it can be stated that the crisis mostly happened due to the use of fair-value accounting. Fair value accounting refers to the approach that involves timely revaluation of the values pertaining to assets and liabilities. It enables to explore the actual value of the assets and liabilities at the market price. For this reason, the method is also termed as market-to-market accounting. The supporters of fair value accounting thus argued, that the method enables to get insights regarding the present situation that prevails in the market (Financial Times, n.d.; Tab?r? Rusu, 2011). On the contrary, the opponents of the theory clearly explain that fair value accounting made the investors to consider inappropriate market value of the securities. This created economic turbulences such as bankruptcy that raised the issue of for the banking sector. This is due to the fact that various types of securities were present in the market were valued at an inappropriate manner due to which the investor was unable to get proper return on their investments. Low return reduced the ability of the investors to repay back their debts, as they had low income. Such instances raised the amount of bad debts of the banks (Small, 2012). The problem with fair value accounting is that during economic upswings, the tendency of the firms to adopt debt was considered as a major form of financing. Such situations can lead to losses, when the economy is in boom situations. Prices of financial assets during the crisis were mostly done with the help of fair-value accounting, as depicted from the excessive reliance on market values (Laux Leuz, 2010). Banks at the time of financial crisis had to write the value of assets at a lower price due to the prevailing situations. For mitigating away the losses, the banks had to sell their assets at low prices for surviving the issue of financial crisis. Such sale of financial assets at a significant low price is termed as asset fire. Furthermore, it was observed that the sale of assets became a source of earning revenue for the banks. It means that asset fire sale became a common phenomenon in the banking sector that further triggered the issue of economic crisis. Collapse of the Lehm an Brothers can be regarded as a standing, which was mostly due to the limitations of fair value accounting (The Economist Newspaper Limited, 2017). The IASB has played a crucial role during the event of economic crisis. It is however noted, that the board made it necessary to mark up the financial assets at the prevailing market price, which prevailed at that time (The Economist Newspaper Limited, 2017). Pertaining to cope up with the situation, the IASB issued a new standard known as International Financial Reporting Standards (IFRS) 9. This is supposed to resolve the issues that were prevalent during the economic crisis. As per IFRS, it was necessary for the business houses to record the financial losses on a timely basis, which is often observed s in case of credit. The absence of such timely recording of financial assets is responsible for triggering the financial crisis of 2008. IFRS 9 makes it necessary for the organizations to estimate all the credit losses that can arise at the time, when financial instruments such as stocks or bonds are purchased. The standard also makes it essential for the organizations to disclose th e initiatives taken for mitigating away the risks. This is especially important for the investors (PwC, 2017; Deloitte Global Services Limited, 2017). The standard is depicted to reduce the chances of financial crisis that prevailed in 2008. This is due to the fact that it is mentioned that the fair value of assets needs to be calculated using the profits and losses that occur at a particular period. Additionally, making estimation of the losses at a predefined manner is also supposed to reduce the chances of suffering from inappropriate income pertaining to credit risks. Thus, it can be stated that the business environment of Australia is supposed to get rid economic issues after such action of the IASB to the accounting standards (European Systematic Risk Board, 2017; Deloitte Global Services Limited, 2017). However, it requires proper monitoring by the regulatory bodies, so that IFRS 9 is properly followed in the Australian context. As an amendment to IAS 39, the IASB passed another accounting standard known as IFRS 13. It infact mentions about a more precise and modern way of assessing fair value. As per IAS 39, the value of asset is determined by the existing market forces that operate at a particular time. In the same manner, IFRS 13 also mentions the need for determining the market value of an asset based on the price agreed between the parties involved in transaction. Additionally, IFRS 13 makes it mandatory to consider the credit risks, which is involved while calculating the value of the assets. It enlarges the chances of exploring the actual value of the assets after calculating the bad debts, which can arise when a party is involved in entering into the business transactions. Thus, it is important for the seller or a buyer to consider his/her credit risk during the assessment of valuing the assets (Deloitte Touche, 2013). The global financial crisis is mostly depicted to be caused due to the flaws that were present in IAS 39 standard. It was not needed by the financial entities to recognize the value of assets and liabilities as per the income statements. Thus, it is depicted that IAS 39 made it necessary to calculate fair value based on the situation. Low estimation of the assets based on market situation is observed to enhance the issue of solvency. As an amendment to this, IFRS 9 makes it important to consider the value of assets based on profit and loss statement. This is supposed to reduce the chances of losses that are caused due to inappropriate calculation of the asset values. As per the standard, it was not necessary for the business entities to disclose the initiatives taken to mitigate away the risks pertaining to credit. Thus, it made the investors unaware of the risks that were associated with investing in the securities of a particular entity. Therefore, it is necessary to mention about investment strategy of the business entities in the financial accounts. The replacement of IAS 39 by IFRS 9 is supposed to take place on first of January, 2018 (European Systematic Risk Board, 2017; Deloitte Global Services Limited, 2018). The Australian Accounting Standards Board (AASB) is observed to be cautious about the global financial crisis that took place in the year 2008. It resorted to revise the proposals of accounting standards that were previously maintained by the board. AASB made changes on the reporting of leasing, revenue recognition and insurance that were used by the business entities. It is also observed AASB has followed a proper mechanism to adhere to the standards mentioned by IFRS. It has tracked the amendments made by the IFRS on the aspects of leasing (Australian Accounting Standards Board, 2010). The IFRS 13 standards, which have been adopted by IASB, are applicable to Australia. AASB mentions about the fact that aligning with IFRS 13, it is important to take into account the costs of freight while calculating the value of an asset. Thus, adoption of IFRS 13 can be regarded as an initiative to bring convergence between IASB and AASB (EY, 2012). AASB has also proposed usage of the IFRS 9 perta ining to determination of fair values during the preparation of financial statements. The adoptions of standards, which are prescribed by IFRS, are useful for the analysts and researchers. This is because relevant information gets disclosed in the financial statements (Deloitte Global Services Limited, 2017a; Deloitte Global Services Limited, 2017). Conclusion The above discussion clearly reveals that the global financial crisis, which occurred in the recent year of 2008, was primarily due to the prevalence of fair accounting theory. It reflects the need of considering the value of an asset or liability at the prevailing market price. Thus, problem is that at certain times, the value can be inappropriate due to use of fair value accounting. It is observed that during the global financial crisis, the banks had to face the issue off solvency as assets were valued at low rate by means of fair value theory. The standards IFRS 13 and IFRS 9 provide solution to the issue of financial crisis. References Australian Accounting Standards Board. (2010). Australian accounting standards board, 2010. File, 1-134. Deloitte Global Services Limited. (2017). IFRS 9 financial instruments. Retrieved September 29, 2017, from https://www.iasplus.com/en-us/standards/international/ifrs-en-us/ifrs9 Deloitte Global Services Limited. (2017 a). Research into the impact of IFRS adoption in Australia. Retrieved September 29, 2017, from https://www.iasplus.com/en/news/2016/03/aasb Deloitte Global Services Limited. (2018). IFRS 9 financial instruments. Retrieved September 29, 2017, from https://www.iasplus.com/en-us/standards/international/ifrs-en-us/ifrs9 Deloitte Touche. (2013). Fair value measurement of financial instruments under IFRS 13. IASB, 1-8. European Systematic Risk Board. (2017). Financial stability implications of IFRS 9. Pub, 1-83.(2012). Fair value measurement. Publications, 1-197. Financial Times. (n.d.). Definition of fair value accounting. Retrieved September 29, 2017, from https://lexicon.ft.com/Term?term=fair-value-accounting Laux, C. Leuz, C. (2010). Did fair-value accounting contribute to the financial crisis? The Journal of Economic Perspectives, 24(1), 93-118. PwC. (2017). Practical guide general hedge accounting. Practical Guide, 1-28. Small, C. (2012). The role of accounting in the financial crisis. Retrieved September 29, 2017, from https://corpgov.law.harvard.edu/2012/03/02/the-role-of-accounting-in-the-financial-crisis/ Tabara, N. Rusu, A. (2011). The role of accounting in the global financial crisis. Assumptions and realities. EuroEconomica, 30(3), 1-7. The Economist Newspaper Limited 2017, Alls fair. Retrieved September 29, 2017, from https://www.economist.com/node/12274096

Nuclear Power Essays (1719 words) - Hazardous Waste, Radioactivity

Nuclear Power Radioactive wastes, must for the protection of mankind be stored or disposed in such a manner that isolation from the biosphere is assured until they have decayed to innocuous levels. If this is not done, the world could face severe physical problems to living species living on this planet. Some atoms can disintegrate spontaneously. As they do, they emit ionizing radiation. Atoms having this property are called radioactive. By far the greatest number of uses for radioactivity in Canada relate not to the fission, but to the decay of radioactive materials - radioisotopes. These are unstable atoms that emit energy for a period of time that varies with the isotope. During this active period, while the atoms are 'decaying' to a stable state their energies can be used according to the kind of energy they emit. Since the mid 1900's radioactive wastes have been stored in different manners, but since several years new ways of disposing and storing these wastes have been developed so they may no longer be harmful. A very advantageous way of storing radioactive wastes is by a process called 'vitrification'. Vitrification is a semi-continuous process that enables the following operations to be carried out with the same equipment: evaporation of the waste solution mixed with the ------------------------------------------------------------ 1) borosilicate: any of several salts derived from both boric acid and silicic acid and found in certain minerals such as tourmaline. additives necesary for the production of borosilicate glass, calcination and elaboration of the glass. These operations are carried out in a metallic pot that is heated in an induction furnace. The vitrification of one load of wastes comprises of the following stages. The first step is 'Feeding'. In this step the vitrification receives a constant flow of mixture of wastes and of additives until it is 80% full of calcine. The feeding rate and heating power are adjusted so that an aqueous phase of several litres is permanently maintained at the surface of the pot. The second step is the 'Calcination and glass evaporation'. In this step when the pot is practically full of calcine, the temperature is progressively increased up to 1100 to 1500 C and then is maintained for several hours so to allow the glass to elaborate. The third step is 'Glass casting'. The glass is cast in a special container. The heating of the output of the vitrification pot causes the glass plug to melt, thus allowing the glass to flow into containers which are then transferred into the storage. Although part of the waste is transformed into a solid product there is still treatment of gaseous and liquid wastes. The gases that escape from the pot during feeding and calcination are collected and sent to ruthenium filters, condensers and scrubbing columns. The ruthenium consists of ------------------------------------------------------------ 2) condensacate: product of condensation. glass pellets coated with ferrous oxide and maintained at a temperature of 500 C. In the treatment of liquid wastes, the condensates collected contain about 15% ruthenium. This is then concentrated in an evaporator where nitric acid is destroyed by formaldehyde so as to maintain low acidity. The concentration is then neutralized and enters the vitrification pot. Once the vitrification process is finished, the containers are stored in a storage pit. This pit has been designed so that the number of containers that may be stored is equivalent to nine years of production. Powerful ventilators provide air circulation to cool down glass. The glass produced has the advantage of being stored as solid rather than liquid. The advantages of the solids are that they have almost complete insolubility, chemical inertias, absence of volatile products and good radiation resistance. The ruthenium that escapes is absorbed by a filter. The amount of ruthenium likely to be released into the environment is minimal. Another method that is being used today to get rid of radioactive waste is the 'placement and self processing radioactive wastes in deep underground cavities'. This is the disposing of toxic wastes by incorporating them into molten silicate rock, with low permeability. By this method, liquid wastes are injected into a deep underground cavity with mineral treatment and allowed to self-boil. The resulting steam is processed at ground level and recycled in a closed system. When waste addition is terminated, the chimney is allowed to boil dry. The heat generated by the radioactive wastes then melts the surrounding rock, thus dissolving the wastes. When waste and water addition stop, the cavity temperature would rise to the melting point of the rock. As the molten rock mass increases in size, so does the surface area. This

Pаul Krugmаns Fоr Richеr

PÐ °ul KrugmÐ °ns FÐ ¾r RichÐ µr Free Online Research Papers Th? study ?f th? p?litic?l ?c?n?my ?f ?m?ric? in th? r?c?nt yrs h?s br?ught ?b?ut c?ntr?dict?ry inf?r?nc?s, h?w?v?r ? c?mm?n thrd th?t wv?s thr?ugh th? p?litic?l ?c?n?mics lit?r?tur? is th?t th? rich ?r? g?tting rich?r f?st?r th?n th? pr ?r? g?tting rich?r. P?ul Krugm?n, pr?f?ss?r ?f ?c?n?mics ?t th? Univ?rsity ?f Princ?t?n ?nd th? m?st c?ntr?v?rsi?l p?litic?l ?c?n?mist in ?m?ric? during th?s? yrs, h?s ?ddr?ss?d this hyp?th?sis in ? h?st ?f ?rticl?s in his m?ny bks, n?wsp?p?r ?nd m?g?zin? ?rticl?s ?t ?l. In F?r Rich?r, th? first ?ss?y in ? N?w Y?rk Tim?s s?ri?s ?n cl?ss ?nd cl?ss w?rs in th? Unit?d St?t?s, P?ul Krugm?n invit?s th? rd?r’s ?tt?nti?n t? issu?s th?t th? lib?rt?ri?n ?c?n?mists ?ft?n ign?r? ?r f?il t? r?c?gniz? in th?ir disc?urs?s. H? pr?cl?ims th? dis?ppr?nc? ?f th? middl? cl?ss, illustr?t?s th? incrsing pr?bl?ms ?f inc?m? in?qu?lity ?nd plut?cr?cy, ?nd ?x?min?s th? ?ff?rts by ?c?n?mists ?s w?ll ?s g?v?rnm?nt instituti?ns t? c?ncl cl?ss c?mp?siti?n using st?tistic?l d?t?. Th? shifting p?r?digms ?f c?rp?r?t? ?x?cutiv? ?thics ?nd influ?nc? is y?t ?n?th?r t?pic discuss?d in th? ?ss?y. (Krugm?n, 2002) Whil? Krugm?n’s s?urc?s m?y b? limit?d ?nd ?v?n d?b?t?d, it p?ints t? c?rt?in ?ss?nti?l ?nd cruci?l s?ci?-p?litic?l ?nd ?c?n?mic issu?s pl?guing th? ?m?ric?n s?ci?ty. Th?t th? ?m?ric?ns ?r? pr?s?ntly living in ? n?w Gild?d ?g?, which is ?s ?xtr?v?g?nt ?s th? ?rigin?l, but with ? g?p b?twn th? v?ry rich ?nd th? r?st wid?ning f?st?r th?n ?v?r. Wh?t?v?r b? th? ?ll?g?ti?ns ?n P?ul Krugm?n, it is imp?rt?nt th?t th? issu?s ?r? ?ddr?ss?d ?nd ?ppr?pri?t? msur?s id?ntifi?d f?r th? citiz?ns ?nd g?v?rnm?nt t? ch?ng? th? difficult st?t? ?f things. Krugm?n’s ?n?lysis ?nd ?d?m Smith’s C?nc?pts ?f S?lf-int?r?st ?nd â€Å" Invisibl? H?nd† ?s Krugm?n’s ?bs?rv?ti?ns ?r? ?ss?nti?lly f?cus?d ?n th? individu?l’s grd ?nd s?lf-int?r?st in th? c?pit?list s?ci?ty th?t ?m?ric? is, it w?uld b? w?rthwhil? t? r?l?t? th?s? ?bs?rv?ti?ns with th?s? ?f ?d?m Smith, th? 18th c?ntury phil?s?ph?r ?c?n?mist wh? wr?t? Th? Wlth ?f N?ti?ns, ? t?ur d? f?rc? ?n th? thry ?f c?pit?lism intr?ducing th? c?nc?pt ?f th? â€Å"invisibl? h?nd† th?t lds c?pit?list s?ci?ti?s t? ?c?n?mic ?ffici?ncy. Whil? ?d?m Smith b?li?v?d grtly in th? intrinsic w?rth ?f th? c?pit?lism ?nd s?-c?ll?d â€Å"invisibl? h?nd† ?f th? m?rk?t, h? c?uld f?r?s th? s?lf-int?r?st?d b?h?vi?r ?f busin?ssm?n. ?cc?rding t? Smith, m?ximizing s?lf-int?r?st w?s ? ‘r?ti?n?l’ b?h?vi?r in ?c?n?mics. His ?ft?n qu?t?d ?bs?rv?ti?n fr?m Th? Wlth ?f N?ti?ns : ‘ppl? ?f th? s?m? tr?d? s?ld?m mt t?g?th?r, ?v?n f?r m?rrim?nt ?nd div?rsi?n, but th? c?nv?rs?ti?n ?nds in ? c?nspir?cy ?g?inst th? public, ?r in s?m? c?ntriv?nc? t? r?is? pric?s’  œ imply th?t th? busin?ssm?n ?r? ?lw?ys c?nc?rn?d ?f m?king th?ms?lv?s rich?r, ?v?n if its by h?rming th?ir f?ll?w citiz?ns ?nd th?ir n?ti?n. P?ul Krugm?n’s ?bs?rv?ti?n ?n c?rp?r?t? ?x?cutiv? ?thics ?nd th? st?tistic?l d?t? th?t h? pr?s?nts ?n th? c?nc?ntr?ti?n ?f wlth in ? f?w h?nds in â€Å" F?r Rich?r† f?lls in lin? with ?d?m Smith’s d?scripti?n ?f th? c?pit?list syst?m, which is ?ss?nti?lly pr?p?ll?d by th? s?lf-int?r?st?d b?h?vi?r ?f th? busin?ssm?n. H?w?v?r, ? m?in ?rgum?nt in Th? Wlth ?f N?ti?ns is th?t th? fr c?pit?list m?rk?t, th?ugh smingly chtic ?nd unc?ntr?ll?d, is in rlity str?d t? pr?duc? th? right qu?ntity ?nd r?ng? ?f gds by ? s?-c?ll?d â€Å"invisibl? h?nd.† ?cc?rding t? his thry, in th? ?v?nt ?f ? pr?duct sh?rt?g?, its pric? ris?s, which crt?s th? m?tiv?ti?n f?r its incrs?d pr?ducti?n, thus curing th? sh?rt?g? ultim?t?ly. Th? ‘invisibl? h?nd’ n?t ?nly guid?s pr?ducti?n, but ?ls? guid?s th? pric? ?f th? pr?duct in ? c?mp?titiv? c?pit?list syst?m. Th? incrs?d c?mp?titi?n ?m?ng m?nuf?ctur?rs ?nd th? incrs?d supply w?uld ?v?ntu?lly l?w?r th? pric? ?f th? pr?duct t? its pr?ducti?n c?st, which h? t?rm?d th? â€Å"n?tur?l pric?.† N?n?th?l?ss, Smith w?s c?uti?us ?f th? s?lf-int?r?st ?f busin?ssm?n ?nd insist?d ?g?inst th? f?rm?ti?n ?f m?n?p?li?s. Smith h?ld th?t whil? hum?n m?tiv?s ?r? ?ft?n s?lfish ?nd grdy, th? c?mp?titi?n in th? fr m?rk?t w?uld t?nd t? b?n?fit s?ci?ty ?s ? wh?l? ?nyw?y. Krugm?n’s ?n?lysis ?nd D? T?cqu?vill?’s ‘S?lf-Int?r?st Pr?p?rly Und?rstd’ ?l?xis d? T?cqu?vill? in his bk D?m?cr?cy in ?m?ric? ?ls? ?ddr?ss?d th? issu? ?f s?lf-int?r?st ?f ?m?ric?ns. H?w?v?r Krugm?n’s ?bs?rv?ti?ns diff?r signific?ntly fr?m T?cqu?vill?’s c?nc?pt ?f ‘s?lf int?r?st pr?p?rly und?rstd. T?cqu?vill? d?scrib?d ?m?ric? ?s ? c?mmunity ?f gd S?m?rit?ns, with ppl? p?rsist?ntly h?lping ?n? ?n?th?r. H? ?xpl?ins h?w ?m?ric?ns h?d ?n inn?t? gr?sp ?f th? c?nc?pt ?f ?nlight?n?d s?lf-int?r?st: â€Å"Th? ?m?ric?ns ?nj?y ?xpl?ining ?lm?st ?v?ry ?ct ?f th?ir liv?s ?n th? principl? ?f s?lf-int?r?st pr?p?rly und?rstd.† H? c?ntinu?s t? s?y â€Å"?nlight?n?d s?lf-l?v? c?ntinu?lly lds th?m t? h?lp ?n? ?n?th?r ?nd inclin?s th?m t? d?v?t? frly ? p?rt ?f th?ir tim? ?nd wlthy t? th? w?lf?r? ?f th? st?t?.† (T?cqu?vill?, 1840; pg. 611) T?cqu?vill?’s principl? ?f s?lf-int?r?st pr?p?rly und?rstd sms t? b? in lin? with th? pr?-1970s ?m?ric? pr?s?nt?d by Krugm?n; it’s h?rd t? ?ss?ci?t? th? s?lf –int?r?st ?f m?d?rn c?rp?r?t? ?x?cutiv?s r?p?rt?d by Krugm?n with T?cqu?vill?’s c?nc?pt ?f s?lf int?r?st. Krugm?n’s ?bs?rv?ti?ns sms in lin? with th?t ?f ?d?m Smith, in th?t h? ?ttribut?s th? ?c?n?mic ?chi?v?m?nts ?f th? Unit?d St?t?s t? th? c?nc?ntr?ti?n ?f inc?m? ?t th? t?p, typic?l ?f fr m?rk?t syst?m, h?w?v?r his hyp?th?s?s gs b?y?nd th? â€Å"invisibl? h?nds† ?f th? m?rk?t th?t Smith c?nsid?r?d w?uld b?n?fit th? s?ci?ty. Krugm?n c?nsid?rs th? c?nc?ntr?ti?n ?f wlth ?n th? t?p ?s th? m?in rs?n th?t th? Unit?d St?t?s h?s m?r? p?v?rty ?nd l?w?r lif? ?xp?ct?ncy th?n ?ny ?th?r m?j?r ?dv?nc?d n?ti?n. Th?ugh h? c?nsid?rs th? hyp?th?sis ?f th? ?ff?cts ?f â€Å"gl?b?liz?ti?n†, â€Å"skill-bi?s?d t?chn?l?gic?l ch?ng?,† ?nd â€Å"sup?rst?r† thry, h? c?nclud?s th?t ?xpl?n?ti?ns f?r th? gr?wing in?qu?liti?s ultim?t?ly t? th? â€Å"r?l? ?f s?ci?l n?rms in s?tting limits t? in?qu?lity.† (Krugm?n, 2002) P?ul Krugm?n’s vi?ws in ? w?y c?nfirm ?d?m Smith’s c?uti?n ?f th? grd ?f th? busin?ssm?n, h?w?v?r h? f?ils t? id?ntify th? invisibl? h?nd th?t w?uld guid? th? s?lf-int?r?st t?w?rds th? b?n?fit ?f th? s?ci?ty. Whil? h? ?ss?nti?lly sms t? ?gr with ?d?m Smith’s n?ti?n th?t individu?l’s s?lf int?r?st might indir?ctly pr?m?t? th? int?r?st ?f th? s?ci?ty, h? sugg?sts th? pr?lif?r?ti?n ?f gl?b?l tr?d? ?nd gl?b?liz?ti?n ?f busin?ss, th? ?m?rg?nc? ?f th? n?w ?c?n?my c?upl?d with th? ?bs?nc? ?f s?ci?l n?rms h?v? incrsing sid?lin?d th? ‘invisibl? h?nd’. Krugm?n’s ?ss?y ?ss?nti?lly p?int t? th? nd f?r g?v?rnm?nt?l c?ntr?l by crting ?ff?ctiv? l?ws ?nd th? r?instituti?n ?f ?thic?l n?rms in th? c?rp?r?t? w?rld, s? th?t ?d?m Smith’s m?gic?l â€Å"invisibl? h?nd† will guid? busin?ss?s in th? right dir?cti?n. Th?n c?rp?r?ti?ns ?nd ?x?cutiv?s , whil? trying t? m?k? th?ms?lv?s rich?r, will finish up d?ing things th?t ?r? gd f?r th? wh?l? s?ci ?ty. Research Papers on PÐ °ul KrugmÐ °n’s â€Å"FÐ ¾r RichÐ µr†19 Century Society: A Deeply Divided EraLifes What IfsStandardized TestingComparison: Letter from Birmingham and CritoMarketing of Lifeboy Soap A Unilever ProductQuebec and CanadaAssess the importance of Nationalism 1815-1850 EuropeTwilight of the UAWThe Project Managment Office SystemDefinition of Export Quotas

Strategic Mangement Case Study Essay Example | Topics and Well Written Essays - 2500 words

Strategic Mangement Case Study - Essay Example This analysis is useful, because it helps to understand both the strength of current competitive position, and the strength of a position the company is looking to move into. At the early maturity of the industry's lifecycle, the number of new entrants into the smaller production end of the industry continued to grow. However, concentration was occurring among the medium and large players as a result of both local acquisitions and acquisitions by overseas purchasers. The newer producing countries, such as Chile, are perceived to be the bigger threat due to rapid advancements in production quality. The demand for the wine in the domestic market and in the international market was growing since the establishment of the company. We can see that from the fact that in 1998 from 120 tonnes of grapes crushed and less than 1 per cent export volume to 670 tonnes crushed in 1999 and greater than 49 per cent export volume, growth was achieved with minimal comparable overheads and infrastructure. The export figures testify that the growth of the buyer power is increasing over the time. Coopers Creek's own branded product was the winery's focus and, in 2000, it was anticipated that it would sell more in the USA than in the UK. The owner of the winery was concentrating on the development of a small number of markets and selling a broad range of higher margin wines in the on-premise segment. This focus allowed the company to reach consumers willing to pay more expensive prices as New Zealand wines became a permanent category on restaurant wine lists. Supplier power This factor defines the ability of a supplier to control the cost and supply of the inputs in the market. With the management of the quantity and quality of the grape supply proving to be a critical resource issue within the New Zealand industry, investment in plantings are important for the industry as a whole. In order to be successful and sustain profitability in the market, wineries are obligied to reduce costs of production by investing extensively in their own vineyard plantings. Over supply of the wine that takes place in the industry when the harvest is better than previewed, leads to production of lower-cost wines, either by growers forming a cooperative to utilise the excess grapes and produce their own wine or by wineries focusing on low-cost competition. It is anticipated that a low-cost competitor would affect the export market more than the domestic markets. Major decisions in the production of the wine are made at the supply stage and sometimes this involves the buying of bulk wine from other New Zealand producers to keep supplies going. For example, Tesco's in the UK wanted to do a summer price promotion in 1997 on a New Zealand wine. When one of the larger New Zealand wineries failed to respond, Coopers Creek took up the challenge, although it did not have all the wine to meet Tesco's requirements. The

The JFK Assassination Assignment Example | Topics and Well Written Essays - 2000 words

The JFK Assassination - Assignment Example Through a mutual acquaintance, I came to know (before embarking upon this report) a Radiologist by the name of Dr. Michael Rollins. Prior to conducting the interview with him, I already thought that he would be an excellent candidate based upon what I already knew of him. He grew up in the sixties, was on the draft list to go to Vietnam, and paid his way through medical school by joining the United States Army. He is today a successful, practicing doctor who lives in San Diego, California. After obtaining his consent via email, I conducted the interview with him on the telephone. â€Å"The first word came over the television airwaves at 1:40 P.M. EST when CBS News anchorman Walter Cronkite broke into As the World Turns with an audio announcement over a bulletin slide: â€Å"In Dallas, Texas, three shots were fired at President Kennedy’s motorcade in downtown Dallas. The first reports say that President Kennedy has been seriously wounded by this shooting.† (Doherty 2010) People everywhere are reported to have been in shock. Women were crying the streets, traffic intersections were backed up, and people in some instances came out of their homes out into the street looking dazed.   Dr. Rollins remembers too well the events of that day.   He was living then in the same city where he lives now: San Diego.   Today he is almost 59 years old.   In November of 1963 he was only 11 years old.   As a young boy, he attended a private Catholic school where he was enrolled in the seventh grade (he skipped a grade because he was more advanced than his peers).