Emerging From The Global Recession Of 1973-1975 - 2054 Words

Emerging from the global recession of 1973-1975, the resulting surge of neoliberalism transformed the global economy into a secularized faith that draws on anxiety and responsibility for sustenance. Debt answers to anxiety and allows for a greater participation in the economy, subsequently, debtors become shackled to their indebtedness, which evolves into a continuous moral burden. The relationship between credit and debt has developed into a necessary technique of govern ­ment under neoliberal regimes, as a means of securing order in an era that has seen a rapid growth of poverty and inequality. Consequently, the conversion from Keynesianism to Neoliberalism required five compulsory reforms: one, rollback of the welfare state to eliminate social safety nets, two, an attack on the power of organized labor to stagnate wages, three, precarization of labor markets to incite occupational anxiety, four, financialization of the economy to exacerbate income inequality and finally fifth, exponential expansion of debt, which restrains debtors and holds the system together. Therefore, Neoliberalism reorganized Keynesian capitalism to secure hegemony of finance capital, a project of the wealth-owning classes to reverse the impediments they had encountered during the era of Keynesian social welfare. Prior to the Great Depression, global economic policy had remained consistent since the 17th century, laissez-faire. Incidentally, in 1929, the stock market crash and the Great DepressionShow MoreRelated OPEC Power: Past And Present Essay1676 Words   |  7 Pageswell as pressing foreign policy issues that need to be addressed, as both are certainly detrimental to our economic well being. nbsp;nbsp;nbsp;nbsp;nbsp;The Organization of Petroleum Exporting Countries has a membership of 11 countries ranging from United Arab Emirates to the Socialist People’s Libyan Arab. The members of OPEC currently supply more than 40 per cent of the worlds oil and they possess about 78 per cent of the worlds total proven crude oil reserves. Our world economy depends uponRead MoreThe United States : The World s Largest National Economy1939 Words   |  8 Pages The United States is the world s largest national economy, representing 22% of nominal global GDP and 17% of global GDP. The United States GDP was estimated to be $17.914 trillion as of Q2 2015. The U.S. dollar is the currency most used in international transactions and is the world s foremost reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. The United States has a mixed economy and has maintained a stable overall GDP growthRead MoreThe Monetary Policy Of Japan2450 Words   |  10 PagesThis essay will illustrate an analysis of the monetary policy of Japan and the impact of the global crisis of 2008-11 with the measures taken to recover from this crisis. The conduct and the effectiveness of a country’s monetary policy depend on the structure of its financial markets. According to Takat oshi Ito in Japan, governments have regulated the financial markets heavily. The Securities Transaction Law, article 65 creates barriers between banking and security dealings. Within the banking sectorRead MoreUk and Its Trade Patterns5911 Words   |  24 Pages480.978 billion.World Bank(2012) data also indicates that unemployment’s rates are 7.7% in 2009 and FDI inflows are about USD 36279841634 in 2010. 1.3 Scope This report is based on UK and its trade patterns specifically; information was gathered from various sources including websites, database and reports on UK. Moreover UK’s trade balances (net exports) have been computed for a deeper investigation of its trade patterns. 1.4 Structure of the report This report is structured to comment onRead MoreFedex Express : Fedex Freight Services1410 Words   |  6 PagesCanada. The service offers Saturday delivery with no additional charges. FedEx Freight provides time-sensitive truckloads. Services extend through the U.S, Canada, Mexico, Puerto Rico, and the Virgin Islands. FedEx Services offers solutions for global supply chains, data management services, and e-commerce to its customers. FedEx Express was the first service offered by the company. It included the shipments of time-sensitive and air-ground express services. FedEx is one of the worlds leadingRead MoreDhl: Past, Present and Future2169 Words   |  9 Pagesindustries, this piece will go into the history of the global market leader in logistics, DHL. After concluding the brief history of DHL, the majority of this paper will describe DHL’s Express division, the current status of the industry and company, macroeconomic indicators that relate to DHL, and future o pportunities and challenges for the industry and the company. Courier services have been around for ages. The word itself is taken from the Spanish word correr, which means to run. A courierRead MoreHow Globalization Affects Luxury Goods4512 Words   |  19 Pagesonce said: â€Å"Whenever people and civilizations get degenerate and materialistic, they always point at the outward beauty and riches and say that if what they were doing was bad, they wouldn’t being doing so well, being so rich and beautiful† (Warhol, 1975). Throughout history, luxury emerged as early as civilization did. For old Romans, the concept of luxury was a â€Å"disruptive power of desire†. They set up the first laws about luxury: â€Å"how much could be spent on banquets and adornment† (Ward, 2011)Read MoreEuropean Crisis in the 1970s and 1980s2168 Words   |  9 Pagesideas flourished along with the prosperity of the 1950s and the 1960s in Western Europe. This time was characterized by conservative individualism and economic growth through regulated capitalism (Mazower, 327). With the help of the Marshall Plan, a global market was encouraged among the European Community. Europe began to prosper, as economics were structured more towards a consumer society. To provide for this new consumer society, unemployment rates in the 1950s and 1960s naturally were low, at aboutRead MoreEnvironmental Analysis Bmw Group5069 Words   |  21 Pagesof this report is provide an overview of the macro and micro-environment of the operations of the BMW Group, specifically their operations in large-scale manufacturing of automobiles. Scope/Limitations: BMW Group is comprised of many segments, from bicycles, motorbikes and automobiles, as well as intangible products such as financial services; but for the purposes of this assignment it will be limited to a scope of the core BMW business: the manufacturing and selling of high performance luxuryRead MoreEssay about Argentina4537 Words   |  19 Pagessite of Buenos Aires in 1580. They further integrated Argentina into their empire following the establishment of the Vice-Royalty of Rio de la Plata in 1776, and Buenos Aires became a flourishing port. Buenos Aires formally declared independence from Spain on July 9, 1816. Argentines revere General Jose de San Martin, who campaigned in Argentina, Chile, and Peru, as the hero of their national independence. Following the defeat of the Spanish, centralist and federalist groups waged a lengthy conflict

Religion Ambiguous Entities

Question: Discuss about the Report for Religion of Ambiguous Entities. Answer: Religion has been one of the most ambiguous entities which have been associated with the human race for a long time. In my personal experience, I would not classify any surreal experience with religious sentiment. However the occurrence of an event definitely incited a faith in the almighty or an alternative to view religion in me. The day I served as the godparent for my younger sisters son was the time I came close to the infinite. The serene environment of the church and the rituals of the baptism reminded me of the implications of grace in austerity. Even though I did not have the privilege to be a father, I was excited about being the godparent of my nephew. Rather than being a religious experience, being a godparent turned out to be an emotional journey for me which brought closer to elation. I could very well describe the sense of excitement as an attribute of the ambient surroundings but that day I felt the presence of an indiscernible element which helped me realize that my life was meant for a greater purpose and Jesus would be my Lord and Savior. I would describe the experience as more of a transcendent experience as it enabled me to realize an unexplainable connection with the almighty.

Minimum wage Essays (1232 words) - Employment Compensation

The Hong Kong Federation of Trade Unions reported that around 310,000 low paid employees will get higher wages after setting the minimum wage. It is believed that the minimum wage will bring more wealth to low income families and narrow the wealth gap. As a result, the minimum wage was set at $28 per hour as the new wage ordinance on 1st May, 2011. This law applies to the market force, including the disabled. However, it is not applicable to live-in domestic workers, work-experience interns and student interns. Despite the above fact that minimum wage has bring some benefits to the employees, we believe that people fail to see the whole picture. The implementation of minimum wage in Hong Kong has posted a threat on different companies, including companies? suffering from heavy economic pressure, the reduction of welfare and the unfairness to the old employees. Firstly, the companies may suffer from heavy economic pressure due to the rise in operating costs and decline in their profits, which lead to the slowing down of their plans of expanding business and even result of being forced to close down. The minimum wage would certainly affect some business, such as the catering industry. Take KFC as an example, KFC is one of the companies struggling with the high costs after the implementation of minimum wage. Two years ago, KFC paid its staff only HK$16 per hour. Later, the wage rate of staff was increased more than 30%, which is HK$21 per hour. As the minimum wage is set to HK$28, the percentage increase in wage rate is 33.3%. Therefore, it is difficult for KFC to run its business because of its high costs. The increase in operating costs also happened in the property management companies. From an article of the Standard, the president of the Hong Kong Association of Property Management companies, Edmond Cheng Kam-wah said that it is expected that the minimum wage will cause the increase in operating costs of local property management companies by 3-4%. If the minimum wage is set at a level which some employers can?t afford, they may have to relocate their businesses to the mainland China. This will adversely affect the economy of Hong Kong. Thus, there is a need to strike a balance between employers and employees but not minimum wage. Moreover, many other companies have been facing the increase in costs after the minimum wage law is launched. A survey, conducted in June 2011 by the Hong Kong Institute of Human Resource Management, reported the cost adjustment in various companies. 117 companies from 17 different industries are questioned while 115 companies have responded to the interviews. Results have shown that 9% of the companies indicated more than 10% increase in overall staff costs, including salaries, bonuses, allowances and benefits, 21% of the companies indicated 2% - 9.9% increase in costs while 70% of the c ompanies indicated less than 2% increase in costs. It seems that minimum wage have posted a great impact on the various companies as staff costs have increased a lot under the minimum wage. Secondly, in order to counter the impact of minimum wage, employers may remove meal breaks and even reduce conventional welfare practices of the employees. This effect implies to different companies, such as those in the hotel industry. According to a survey done by the Catering and Hotels Industries Employees' General Union in June 2012, 246 room attendants from about 30 hotels responded to the interview. Results have shown that 70% of respondents fail to receive medical insurance while more than half of the respondents fail to receive paid annual leave. Besides, many people may think that gaining higher wage rate after the statutory minimum wage was set leads to an increase in income. This may also allow citizens to have higher living standards. However, a survey conducted by the Oxfam proves that minimum wage causes another consequence. The survey has shown that 19.6% of low-income workers reported a decline in their individual income while 27.4% of them reported a decline in fami ly income. This is caused by the fact that employers are reducing remuneration packages by cutting paid rest days and paid meal breaks. In order to cut the

buy custom A Pharmacy Career essay

buy custom A Pharmacy Career essay Career research refers to the process whereby an individual gathers more information relating to the career he intends to get into. Individuals are getting more concerned about the careers they wish to pursue thus hence increasing need to learn about careers and get in depth knowledge concerning them. Through career research, an individual is able to measure his abilities and interests in relation the career he wishes to pursue (Labor, 2011). In addition, career research has led to the emergence of career professionals who specialize in advising individuals on matters relating to careers and wise career choice. Career research is vital because it gives an individual adequate information relating to a particular career. This means an individual is able to take the correct subject combination and have an over view about the benefits of the career. Pharmacy is a career that involves making medical prescriptions to individuals. This essay explicates a career research based on Pharmacy. Pharmacists are individuals who give medical prescriptions to others. They ensure that individuals get the best information on the usage of the drugs especially those sold over the counter. Pharmacists are instrumental advising patients on matters relating to the usage of drugs. These individuals advise doctors on matters relating to medical therapy to ensure that they administer the correct medication to their patients (Cullar Ginsburg, 2009). In addition, they advise patients on the best and healthy living. They ensure that individuals get the required exercises, manage stress, and acquire a better feeding habit as they take their medicine. They assist in completing third party insurance forms and other paper work needed. Pharmacists could be either community based or be employed in various health facilities. Community based Pharmacists are those who are self employed and run their own facilities. They are instrumental in offering medical prescriptions to the immediate community. They sell their medications over the counter and advice physicians at the community level on matters relating to medical therapy (Shargel, Mutnick, Souney, Swanson, 2009). They could employ assistants to assist them with their running of their pharmacies as they offer crucial advice to their clients on various matters. Those employed in health facilities offer critical advice to the medical staff on matters relating to the selection and the effect of drugs. In addition, they plan, monitor, and evaluate the drug structure in these facilities. They store their patients information in computers to ensure that the records are easily retrieved when needed for prescription purposes. This is a career with wide opportunities in the job market. A Pharmacist could be employed by a medical manufacture, to offer the required research on the ingredients contained in various drugs. They could also be employed in colleges, and other institutions of higher learning to teach those aspiring to get into the field (University, 2003). Lastly, they could be employed in health insurance firms where they are required to estimate the cost benefit analysis on various drugs. Pharmacy is an interesting ield as it involves direct interactions between the individual and the rest of society. The working environment for a pharmacist must be clean to avoid any risks of contamination of the drugs. Pharmacists are busy individuals and may be required to serve the community the entire day because health emergencies are unpredictable. One could achieve this career by developing an interest in subjects such as Mathematics, natural sciences such as Chemistry and Physics (University, 2003). In addition, one should have background knowledge in humanities and social sciences. This is the first step for one to achieve the career. The individual must consider his abilities in these subjects and should march them with his interests. Pharmacy involves many calculations thus making Mathematics one of the vital subjects for one to achieve this coveted career. The love for Chemistry and the other natural sciences would also be instrumental for one to achieve the career. One needs to know the correct measures of substances as applied in Chemistry. This will form a stepping- stone for him to get into the career and ultimately achieve it. One needs to score the best grades in all the subjects required, as this will enable him get a chance to be accommodated in the institutions offering training in the field. For a person to be t aken into the training institution, one must complete at least the two years of specific professional study in these particular subjects. Emphasis is put on the academic merit that one achieves in the course. Posting excellent results would give one an opportunity of achieving this dream career. One could achieve the career by scoring well in areas relating to the interaction with others in the society. This is achieved through the social sciences studied before getting into a professional pharmacy school (Statistics., 2011). A person should have interest in dealing with people and should have compassion dealing with individuals exposed to various conditions. An individual should have a positive mind when dealing with others. One should then make an application to the credible institutions that offer the pharmacy course. A credible institution will ensure that one achieves the best in the career and is trained using the best practices to achieve this career dream. It will also make sure that one is accepted in the market place as a qualified pharmacist. The career could be achieved by generally being excellent and giving out the best results in the required subjects that are vital in this area of study. The education that is involved at reaching the career goals is enormous. Individuals need a serious training and must undergo the necessary and required educational stage that will ultimately facilitate the achievement of their career goals. The career goals refer to the acquisition of the necessary skills that are vital in helping the entire community. One needs to take two-year compulsory training in Mathematics, natural sciences, humanities and social sciences. This initial training is vital because it sets a stepping stone for one to join the actual field of pharmacy (Shargel, Mutnick, Souney, Swanson, 2009). The skills acquired at this pre-university stage are vital because they help the individual, have background infformation on the actual requirements of the career. The pre-university level equips the individual with vital knowledge for attaining the pharmacy career goal. One is able to learn how to interact with others in the society. In addition, one is equipped with the i nitial skills that would help him start serving the community at an earlier stage into the career. The two years are a vital requirement because they generally give the individual a head start. After the successful completion of the two years of specific professional study, one is required to apply for training in a credible college or a pharmacy school. This is where the individual would acquire the necessary training and skills required in the pharmacy career. This is the stage where one is expected to graduate with a Doctor of Pharmacy degree, abbreviated as Pharm. D. This is the proof that one actually attended the training and has acquired the necessary skills and knowledge to practice as a pharmacist (Cullar Ginsburg, 2009). The degree program takes four years to complete. One must undergo the thorough for this maximum period to be assured of getting into the job market and ultimately achieving the career goals desired such as handsome pay and better service to people. One can advance to the residency programs that take one or two years. At this stage, the post-graduate pharmacists are required to come up with a research paper. Some pharmacists who run their own pharmacies can further pursue a degree in a business related field such as Bachelor of Business Administration (Labor, 2011). This will make sure that apart from offering pharmaceutical services; they could also manage their business in an organized manner and ultimately achieve their career goals. These academic stages will help in placing pharmacists in the market where they are able to achieve their various goals such as delivering the best services to people and earning the best salaries as one advances. In conclusion, career research is a vital exercise that involves learning more about a given career field. One is then able to get information regarding a particular career before making a choice to get into pharmacy. Pharmacists are experts who give individuals prescriptions regarding various drugs. They are individuals trained in the medical fields and could even offer physicians vital advice regarding medical advice. Pharmacists could employ themselves as community-based experts or could be employed as to work in health facilities. The pharmacists in all these areas offer vital individuals in their areas of work. For one to achieve the pharmacy career, he must have a passion and love for Mathematics, natural sciences such as Chemistry and Physics, humanities, and social sciences. This acts as a stepping -stone for achieving the dream of getting into the pharmacy field. Without these requirements, an individual will not achieve the career due to lack of the necessary requirements. One could achieve the goals of the career through undergoing thorough education and training. One needs to train in a credible college or pharmacy school and achieve a Doctor of Pharmacy degree. Pharmacists could also advance into the post-graduate level thus increasing the achievement of the goals. Buy custom A Pharmacy Career essay

Project Risk Management Essay Example | Topics and Well Written Essays - 2000 words - 1

Project Risk Management - Essay Example They are present almost everywhere like in business, homes, and government agencies. Government agencies are using digital mediums to improve their governance style like filing of taxes, utility bill payments, pension payment etc. Through the use of e-governance the government is trying to speed up the process and reduce cost at the same time. Because of computers we can now use digital evidence to solve crime and prosecute the offenders at a much faster pace. Many a times the law enforcement agencies and judiciary can’t handle such evidences. There is an ample shortage of judges and attorneys who understand technology. Digital courtrooms refer to use of technology to run the courtrooms so that prosecution or trials can be done at a much faster pace and at considerably low cost. They use electronic evidence which can be effective at implicating the criminal. Electronic evidence refers to the information and data which of investigative value and stored in the electronic medium. With new advancement of technology digital forensic specialist will ensure that the evidence meets the standards. In such trials both the parties need not be present in the courtrooms. They can be connected via internet and use their laptops or other visual mediums to get connected to the digital courtrooms. It reduces the cost to a great extent. Risk Identification To make the judicial system digital, necessary infrastructure needs to be built upon; it means technical platforms are needed to be put in place for the data systems (software, equipment, networks and standard services). The aim should be that the same standard platforms should be able to serve the data systems which will be implemented in the coming years (Kendrick, 2009, p67). The users in the digital courtrooms will now require graphical user interfaces and easy to use systems should be installed. Else it would be difficult for all to comprehend and use the devices (Pmp and Knapp, 2010, p65). One of the most common f orms of digital devices to be used is audio devices. One needs to ask the question whether digital recording is better than human reporting or it may cause more trouble. There can be problems like botched recordings, microphone mishaps etc. can lead to a mistrial in the courtroom (Institution of Civil Engineers (Great Britain), 2005, p67). Also with the introduction of new digital courtrooms the pending cases must be first integrated to the system. It may result in few cases not making it through (Bartlett, 2004, p78). With the era of digital information comes the question of security and reliability. The reliability of the saved digital devices must be ascertained at first (Raftery, 2003, p99). It is not impossible to create a fake digital recording or fake videos to implicate someone. Again the security issue must also be looked at. Making the courtrooms digital implies that all of the data needs to be stored somewhere. With the advent of newer technologies it its becoming increas ingly important to keep the data secured from data theft (Grey,

Is Existentialism Nihilistic Why or Why Not Essay

Is Existentialism Nihilistic Why or Why Not - Essay Example It is always linked with extreme skepticism and pessimism that condemns existence. Existential nihilism is based on the belief that the world is meaningless and has no purpose in that all existence in it such as pain or feelings are senseless. Therefore, existential nihilists such as Camus and Nietzsche regards feelings and thoughts as merely influence of prior causes (McBride 89). In a more elaborate sense, free will is denied. Further, they argue that existentialism is nihilistic because they believe that on this world, misery and suffering has dominated over pleasure while happiness has been elusive thus leaving mankind with the option of suicide as the only course to take. Existentialism can be said to be nihilism because it presents human life as ultimately meaningless and trivial. Friedrich Nietzsche argued that forceful effects will eventually destroy all religious, metaphysical beliefs, morals and accelerate the greatest crisis in history of human beings. Other existentialism nihilists such as Camus and Soren Kierkegaard argued that individuals had the responsibility of giving meaning to their lives despite of many struggles and distractions such as alienation, boredom, despair and absurdity (Cox 27). According to Nietzsche, there is no objective structure or order in the universe or world except that the order human beings give it. In addition, he argued that all values have no meaning and that human rationality is impotent. In this manner, he meant that every human belief is not true because there is no true or real world. Therefore, he proposes that in order for the world to exist, nihilism should be destroyed. Nietzsche argues that existential nihilism is absolute in that further scrutiny shows that highest values eventually devalues themselves. Inevitably, existential nihilism will present all loved and cherished convictions and truth as valueless. Therefore, such lack or collapse of relevance meaning and value of life will be the most destructive power or force in history, comprising a total assault on truth and nothing less than the crisis of humanity. Nietzsche analysis was real and accurate in that studies conducted on some cultures depicts some patterns of nihilism which shows some features of collapsing civilizations (McBride 57). Existential nihilism has the convictions that the life has no meaning in this sense; it argues that the world has no purpose by stating that existence in itself such as suffering, feeling and all actions is ultimately empty and senseless. For instance, it is argued that existential nihilism is a form or another and that has part of western realm from the beginning. It states that the life of deaths or mortal is so mean a thing or form as to be virtually un-life. For example, embodies similar type of extreme pessimism linked with existential nihilism. In ancient times, such pessimism may have reached its peak with Hegesis due to the fact that miseries outnumber pleasures, happiness is not possi ble to attain, and therefore, the philosopher argues that the best thing to do is suicide. In his argument, Jean-Paul Sartre ponders that existence precedes essence whereby he rules out any platform for establishing an essential or significant self or human nature. When illusion is abandoned, life is recognized to us as nothing thus leading to nothing else but existential horror and emotional anguish. In addition, existential nihil

Making Solar Energy Economical Essay Example | Topics and Well Written Essays - 750 words

Making Solar Energy Economical - Essay Example With the realization of this inefficiency, current manufacturers are manufacturing solar cells with an improved efficiency through laying the cells into multi-layers that has the ability to push the efficiency to about 35%. Using nanotechnology, engineering of solar energy generation devices can make structures on sizes that are comparable to molecules and atoms that are measured in nanometers whereby nanocrystals from the elements selenium and lead are utilized (Beard et al. 2506). The technology improves the inadequacy presented by standard cells that produce useless excess heat and less impact while the Lead-Selenium nanocrystals release further electrons rather than heat thus boosting the output, which can also be replicated in Silicon. With the use of nanocrystals technology, the efficiency of the generation of solar energy can use efficiencies of up to 60% and therefore engineering technologies are required to integrate nanocrystal cells in transmitting energy in a circuit (Bea rd et al. 2512). How to Make Solar Energy Economical The use of new materials for solar cells can help in the reduction of fabrication costs that has a positive impact in reducing the costs of solar energy and making its implementation for generation of electricity economical (Lewis 799). The purity of the material is important, as modern solar cell designs require higher purity content in order to make the flow of electric charges be seamless. To achieve this, manufacturers will be required to use thick materials in one dimension to absorb sunlight and thinner materials in another direction to transmit the charges which would require that the solar cells are made of nanorods or tiny...This essay outlines the growing importance of the solar energy among other sources and determines the factors, that will ensure larger electrical generation based on solar energy conversion. Solar power is usually generated by collecting the light spectrums from sunlight and converting them to energy in the form of electricity using solar panels that have cells in them. Solar energy forms an integral part of the supply of energy to human beings and the earth in general. The contribution of the sun to the energy requirements of the earth is substantial despite the fact that it has not been taken up by most people and forms only a fraction of the energy consumption market. In order to make solar energy economically competitive, there is need for those tasked with the manufacture of solar technology devices to improve the efficiency of the cells in commercial solar cells as well as lower their costs of manufacture. The use of new materials for solar cells can help in the reduction of fabrication costs that has a positive impact in reducing the costs of solar energy and making its implementation for generation of electricity economical Despite the fact that technology may help in the production of solar cells that generate cheap and efficient electricity, it would be uneconomical if the solar energy generated is not stored. The need for storage of electricity generated from solar has been necessitated by the fact that not all the days will the earth receive sunlight as this may be blocked by clouds or darkness at night.