Inflation is the continuous increase in the general price levels of commodities in the economy over a period. It is identified with the market fall of the value of money in a particular economy. This recurring price increase erodes the purchasing power of money creating economic distortions and uncertainty (Sargent 2002). Inflation may also be described as a sudden increase in supply of money in a given economy. This results to each unit of currency buying fewer commodities thus a reduction in the purchasing power per unit of money. It can also be viewed as an increase in the supply of money at a rate ...
Economics Argumentative Essays Samples For Students
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The United States of America has always been an attraction to the world because of the opportunities it offers. Many people realize their career dreams everyday in the US, but some people choose to reside illegally in the hope to build a better future for them. These undocumented residents stay in the country and then utilize the social services as well. Even though the expert view suggests that illegal immigration is bad for the country’s system, the economic perspective states that illegal immigration is actually beneficial for the country and thus such immigrants should be allowed social benefits. This ...
There are numerous global challenges in the current world. The enormous increase in population growth faces different contradicting opinions. There are worrying levels of poverty and struggle for resources doomed to increase if population growth is not controlled. On the other hand, increase in population growth is speculated as a chance of increase in innovation.
Analysts speculate that the world’s population will increase with a billion people in the next decade if the current population growth carries on. There are various perspectives regarding the issue of population growth. Different people ...
In this 21st century, the population of the world is progressing rapidly with the strength of democracy. Everybody gets equal opportunity to become successful, which is free enterprise. Technology and science is a back support for education. Several people in this world need education. This has to be supported by the government where people live.
Unequal availability of education to people will create problems because the uneducated are unable to gain like the educated. To solve problems happening due to uneducation, the government has to spend lot of time and money.
The money and time spent to solve problems ...
In 21st century globalization has touched all aspect of business, economy, trade, and government system. Globalization altered the way businesses were operating and governments were handling international relations. Experts have different opinion on globalization, few consider that globalization has reduced the power of nation state because of global capital. Some experts said that nation-state is still powerful, and adopt changes developed by globalization. This paper intends to discuss the impact of globalization on nation states, and how globalization reduced the power of the state.
Fundamentally all countries across the world have become the part of global transformations. Capital, products, ...
With the changing economy, rethinking of the value of the higher education becomes necessary. Higher education is practically costly, which affirms the significance of evaluating whether higher education is a worth investment. In the earlier decades, the value of education could hardly be challenged since obtaining a college degree placed one a unique position and respectable social class. Furthermore, higher education offered individuals numerous opportunities in corporate, social and political arenas. However, with the high number of individuals who are pursuing higher education and the changing economy, the value of education in the contemporary world is questionable. Many scholars have explored the ...
Is Firing Bad Teachers the Real Solution to the De Facto Segregation in the U.S. Education System?
In “Why We Must Fire Bad Teachers”, Evan Thomas and Pat Wingert have once again identified a very old problem in the U.S. education system, that there is a huge distinction in education quality and outcomes based on class and race in this country. There always has been, and in reality it is still a system that is very highly segregated by race and social class. All the concerns about low graduation rates and falling test scores over the last thirty years are actually a ...
The debate on college internships has raised contrasting views over the years. There are those proponents of college internships who believe that internships form the basis of a good career since they mould students and help them transition from class to the practical and professional world. However, some people argue that internships cause more harm than good to most students. Despite the rush for internships by many college students, it is important to note that internships are not necessarily the basis of success. College internships should be optional to students because students have different backgrounds and plans for their future.
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Abstract
Better Education: The ardent supporters of the system argue that year round schooling ensures better education and retention among the kids or students since the schedule is quite continuous and the breaks are less and shorter. The interruption to education is far less when compared to the normal systems and this definitely upholds high standard of education and better learning. “Summer Learning Loss” as often been termed as one of the biggest problem for American kids, since students tend to forget whatever they learned in schools during 3 months long break. This phenomenon has adverse effect on learning ...
Placing a cap on “Pain and Suffering” in tort actions is essential; this is because there are many cases that arise from tort actions. Tort action is in itself a civil action or injury that does not arise from a contract. The law for such action provides for some outline of money damages. The actions arise from accidental laws like personal injury and negligence. This calls for a cap on the tort actions regarding pain and suffering. Reforms are needed, for proposals and enactment, to have a clear outset of the nature of tort actions.
The laws that are adopted and exist for ...
Immigration
Studies indicate that when an issue is raised in interest to the Black and Latino immigration, the congress “glass is always a half full or half empty.” The Latinos usually embrace the die value of immigration while the black often encroaches mainly on their rights and privileges. It was all drama in the month of February when a bi-partisan group of eight senators decided to craft a bill addressing immigration. The bill outlined their intention to bring foreign laborers into the country. This controversial issue is represented again at the front burner for the President and the congress. Unfortunately, in the recent ...
Internships are commonly seen as a crucial stepping stone for college students or recent graduates seeking to enter the professional world. Interns can gain professional skills and experience that can be difficult to access otherwise, hence preparing for future work challenges. However, unpaid internships that become increasingly common in many industries can have adverse effects on both individuals and society at large. Although unpaid internships may initially appear attractive, research shows that unpaid internships don’t adequately prepare participants for long-term employment. Therefore, their potential drawbacks should not be taken lightly by students and young adults who consider taking this path.
An analysis of survey data from spring 2019 revealed the value of internship opportunities for students transitioning to the job market. Significantly more individuals who completed a paid internship landed a job before graduation compared with those who had unpaid experience (63% vs. 37%). In fact, over one-third more people without any internships got jobs than their peers in similarly situated scenarios. Unfortunately, many organizations use unpaid interns as cheap labor, and this practice can have harmful effects on the labor market by setting low expectations or standards. Despite feeling like it is essential at times to secure internship experiences during college years, there should be no expectation that compensation must be forfeited in order to gain some skills and knowledge that might (or might not) be essential for future success.
Unpaid internships are an unfortunate reality for many, limiting the earning potential of interns down the line. It is particularly pervasive in fields such as education, arts, humanities, and health sciences. In these fields, students are especially exposed to the pressure to obtain the first necessary experience whatever it takes (National Association of Colleges and Employers, 2011). However, this means that when they later get employed, their starting salaries tend to be lower than those who had paid internship experiences or even no prior internships at all (Perlin, 2012). As a result, those who accept unpaid or low-paid internships face long-term disadvantages when attempting to attain a better salary at their next job. This happens partially due to a lack of negotiation power from students undervaluing themselves during unpaid placements initially. Ultimately, it is paramount that individuals recognize they do not need to settle for a depreciated experience in order to secure valuable work knowledge within their respective fields.
Unpaid Internships May Have a Long-Term Negative Impact on the Economy
Unfavorable economic conditions may have some organizations turning to unpaid internships as a source of inexpensive labor. However, this contributes significantly to the negative trend of unpaid workers in our economy. Furthermore, research reveals that while paid internships often lead to full-time employment opportunities, only 1% of interns working without pay ever attain secure jobs with their experiences. Therefore, it is important for people considering an unpaid internship opportunity to take into account the likelihood of not merely being retained after completion but also getting reasonably paid employment thereafter. Also, within a larger economic context, such a practice may provoke wage stagnation.
Furthermore, unpaid internships create an unfair dynamic between employees and employers, potentially leading to the exploitation of young workers. By denying wages and job security to interns, organizations benefit from maximizing their profits at the expense of those attempting to build skillsets for future employment opportunities (Shellenbarger, 2009). Such unethical practices result in job insecurity among vulnerable segments of the population and demonstrate how unpaid internships disproportionately benefit employers at the expense of people receiving no monetary compensation.
Unpaid Internships Promote Discrimination
Unpaid internships can contribute to a cycle of discrimination against people from economically underprivileged segments of the population. The thing is, individuals without the means or opportunity to work in big cities and towns are largely unable to take advantage of the opportunities unpaid internship do offer (Intern Aware, 2013). This perpetuates inequality within certain businesses and organizations due to unequal access across socioeconomic backgrounds. It is important for companies that their interns receive equal treatment regardless of financial circumstances.
In turn, employers who favor providing unpaid internship opportunities put forward a variety of compelling arguments. First of all, they view such arrangements as a type of educational environment that gives interns the same learning experiences found in academic settings but with more hands-on tasks. This might be highly beneficial to interns while not replacing nor impeding existing employees or work operations. Secondly, employers claim that although training may provide useful knowledge and skillsets for individuals, it doesn’t necessarily lead directly to organizational improvements. Finally, employers contend that employee training does not support organizational activities and can sometimes obstruct companies’ operations (U.S. Department of Labor Wage and Hour Division, 2010). These arguments hold weight but, unfortunately, highlight the potential for unpaid internships to further widen the socioeconomic divide, proving adverse effects on the entire society.
Other Arguments Against Unpaid Internships
Unpaid internships can be a cause of financial distress for students. Since they are not receiving any form of compensation, they would have to rely on their parents or other external sources to finance their expenses. This financial burden may cause them to take on additional part-time jobs that can negatively affect their academic performance due to a lack of time and energy.
Unpaid internships can create an unfair advantage in the job market by allowing interns with more money to gain access to certain positions unavailable for lower-income candidates. For example, wealthier students can pay for expenses related to unpaid internships, which creates an unequal playing field.
Companies offering unpaid internships often exploit employees by taking away their rights as workers. Interns are typically expected to perform tasks similar in scope and complexity to those performed by full-time staff. Yet, they mostly don’t have any formal contract or protection from labor laws, such as minimum wage and overtime pay requirements.
Unpaid internships can be detrimental for both parties involved since they will give students little motivation or reward for their hard work and dedication while providing companies with free labor that could be used productively elsewhere. In turn, demotivated interns may perform their duties inadequately and harm the company’s productivity overall.
Offering unpaid internships may hinder companies’ ability to attract talent over time due to their negative perception among potential applicants. Best-qualified candidates may be discouraged from pursuing these opportunities out of concern that they won’t receive adequate compensation for their skillset, thus hurting a company’s competitiveness over time since there is a limited pool of talented candidates available for recruitment.
Conclusion
Organizations have increasingly adopted unpaid internships as a cost-saving measure, which has become the ‘new normal’ since the last economic recession – something which shows no signs of slowing down any time soon. This trend is likely to continue in the future, and employers are legally entitled not to pay interns if they don’t see value added by them. Nevertheless, companies should not rely on such a simplistic approach when it comes to compensating interns. Rather, they should exercise discretion on an individual basis when considering whether to remunerate their interns or not. On the one hand, this may help draw more potential job seekers. On the other hand, this might encourage greater engagement among existing interns in terms of increased interest and enthusiasm for their roles.
It is fully understandable for employees to deem interns as not adding any value and consequently decide against remuneration. However, employers must observe the respective merits of individual interns in order to properly identify those who make positive contributions. These productive workers ought to be given appropriate recognition through some form of gratuity or compensation. After all, it’s important to remember that while unpaid internships may have become socially acceptable in some circles, “work without pay” basically equals slavery.
Work Cited
Intern Aware. Why unpaid internships are bad for society. March 2013. Web. 13 March 2014.
http://www.internaware.org/why-unpaid-internships-are-bad-for-social-mobility/
National Association of Colleges and Employers. Unpaid Internships: A Clarification of NACE
Research. http://www.naceweb.org/s10162013/paid-internship-full-time-employment.aspx
Perlin, Ross. Intern nation: how to earn nothing and learn little in the brave new economy, 1st ed. Brooklyn, NY: Verso Books, 2012.
Shellenbarger, Sue. “Do You Want An Internship? It’ll Cost You”. The Wall Street Journal. 28, Jan. 2009. Web. 13 March 2014. http://online.wsj.com/news/articles/SB123310699999022549?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB123310699999022549.html
U.S. Department of Labor Wage and Hour Division. Internship Programs Under The Fair Labor Standards Act. April 2010. Web. 13 March 2014. http://www.dol.gov/whd/regs/compliance/whdfs71.pdf
...Introduction
Illegal immigration in US is one of the root causes of economic crisis. Immigration mainly takes place across the southern border and areas bordering Mexico; this is due to inefficient measures set out to manage this menace. In the year 2007, illegal immigration was an all-time high at 12.2 million illegal immigrants who traversed and gained entry into the US. 6.9 million Of these illegal aliens were from Mexico. 5.65 million Came from other parts of the world. While the remaining number were victims whose visas had expired. Texas, Florida and New Jersey are among the states that have ...
A global city also known as a world city is a city in the world taken to be an important place in the economic system of the world. To consider a city a global city, there is a criterion that it has to satisfy. For example, it has to provide various international financial services like in banking and marketing industries, and also the city has to have renowned educational institutions. Other characteristics it has to possess include prominent skyline, influential political affairs and provide media services.
Tokyo, Japan’s capital city is a global city. Its population as of the year 2007 was estimated ...
Impact of Government Policy on Business Industry
Impact of Government Policy on Business Industry
The government makes laws and regulations touching on every single aspect of people’s lives. These laws range from when to take your child to school to how businesses relate to the government. It is evident that businesses cannot operate without control by the government. Unscrupulous business traders will enter the market and offer services and goods that are substandard to the consumers. Business policies that the government enforces will either stimulate the growth of the economy or necessitate for the reverse to happen. Good business policies expand the industry and ...
Thesis Statement: Everyone should be required to undertake a university education to promote sustainable economic development and growth.
The United States has a high ratio of college graduates as compared to other developed countries. However, the country trails Canada and Japan with respect to the ratio of college graduates in the total population. On the other hand, the United States currently has one of the highest ratios of college graduates in history. University education is also essential for economic development, and everyone should receive a university degree to enhance economic development and growth.Several students through the aspect of university education would understand the importance of different scenarios prevailing in the research and educational arena. However, several other factors contribute ...
Part I
The theory of hegemonic stability is a theoretical modification of the common observation in post-world war II international relations. United States control was the key player in the successful world capitalist economy after 1945. Us in the late 1940s possessed not only prestige and unrivaled power, but also it had a purpose. America in three decades had intervened in two destructive wars after which it decide to remodel the formation of international economic and political relations in such a consistent way with its interest and liberal ideals. GATT-based multilateral trade and Bretton Woods international monetary regimes were the main legacies of the ...
Introduction
There are certain laws which actually supports with the prevailing laws and regulations of economics, and among them there is a name of Economic Life Cycle as well. Likewise Product Life Cycle (PLC), there is a name of Economic Life Cycle (ELC) as well, which is one of the most important aspects that can deliver effectiveness to the market (Brinkman, Holroyd & Gardner, 2013). In the ELC, a country or an economy move towards a specific place and then went down drastically in the market. Most of the times, the ELC have been regarded as the economic crisis (Brinkman, Holroyd & Gardner, 2013). There are ...
I think that Jeffery Sachs’shock therapy that was administered to several was successful for the improvements it made on the nations that undertook it. It helped manage price controls and reduce on unemployment. It was even more of a success because the process liberated the markets and eradicated hyperinflation.
Sachs Jeffery an economist saw the falling economies of communist states and took it upon him to find means taking the economies back on their feet. Was Jeffery Sachs successful in his quest to heal nation’s economies through the shock therapy? Did the program bring good or harm ...
Cuba is the largest nation in the Caribbean. Cuba is located approximately ninety miles from the southern coast of Florida. Cuba has been the subject of a number of struggles in its history. Cuba was the final colony that gained independence from Spanish rule. The initial struggle for independence from Spanish rule in Cuba imitated in 1868. Thirty years afterwards, when the U.S. military intervened in the Spanish American War, Cuba gained its independence in 1898. Cuba’s Independence was established by the Treaty of Paris, which was conceded subsequent to a three year period (Vanderbush 57). The perspective of CIA ( ...
Positive
Gaming is an industry created by legal gambling activities and includes lotteries, poker, slot machines, horse racing and other table games. According to Baird, Yepez, and Fairey (2011), supporters of gaming argue that it has psychological benefits. It gives people the opportunity to exercise control and it is also a way to relieve stress. Supporters claim that gaming is just like any other form of entertainment such as watching a movie.
According to an article by the American gaming Association (2014), gaming has created employment opportunities and generated huge returns as tax revenue for the government. In 2002, 350,000 ...
Canada and Global Warming
Similar to most developing nations, Canada is faced with significant global warming challenges. Canada has a very high rate of industrial emissions that influence increases global warming rates. The country has been cited as one of the greatest sources of air emission in the Americas. With annual souring date on industrial emissions, the future can be predicted to be faced with similar challenges. Addressing the problem has also been a major problem. Both political and economic challenges have minimized the effectiveness of the strategies put in place to address the problem. The paper will analyze the need by Canada to implement ...
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[Submission Date]
Introduction
Over the past several decades, there has been a dramatic inequality in the distribution of wealth and income in the United States of America. At the same time, the state has failed to aggressively address the mentioned increasing disparity and discrimination in allocation of wealth. As a result, the consequences have turned out to be less effective and less liberal. It is now widely acknowledged that by every logical measure, the United States of America is the most imbalanced and lopsided rich country of the world. As far as economic mobility is concerned, “the likelihood ...
Globalization offers extraordinary opportunities to the countries related with economic and social development. Over the past few decades the globalization become cultural, economic, political and social phenomena that impacted the whole world, and improved trade between the countries by eliminating trade boundaries between the countries. Globalization facilitated the economic development of developing countries and extended financial benefits to the developed nations. Despite of various benefits the globalization was criticized by some experts due to the challenges associated with it such as financial crises, inequality among societies, poverty, and exclusion. Least developed and developing countries face obstacles while participating in ...
Welfare benefits refer to the material benefits that an individual receives over the products of goods and services. Most developed countries provide welfare to its citizens as a potent means of enhancing the living conditions. The United States of America offers a great example of a state that has provisions for welfare. Individuals living under the acute poverty line are dependants of the state and as such it has to ensure that their basic needs are met. The percentage of the poor people in the country has the overall effect on the Gross Domestic Product of the nation. Therefore, it is at ...
As a result of the worldwide financial crisis, the US has been a target market from many investors. Many organizations around the world have opted to secure the US market. The main objective of commercial administrations is to maximize profits. Therefore, the most favorable environment is one which encourages high revenue creation while minimizing cost of operation. `There are a number of challenges in the US economy that undermines the objective of revenue maximization. Some policies in the business environment do not encourage foreign organizations to invest in the economy. There are numerous motives why a potential investor should not consider the US ...
It seems like everywhere we turn today people are indulging in smoking. From car parks to the malls, from restaurants to our relatives’ homes, people are taking a stick. Ever thought whether smoking was cool? Thought of the people who are shackled by circumstances to exposure from second hand smoking? Walking away from it all is very simple, but taking action against smoking is the thing to do. Smoking is addictive, smoking is expensive, smoking is unhealthy but above all smoking kills. Taking action is necessary because not only does smoking hurt smokers themselves, but also unborn children and non-smokers.
...
Introduction
The influx of over 300,000 people into California opened many opportunities in especially the economic sector. The initial news about the discovery of gold at Sutter's Mill in San Francisco appeared in a daily newspaper in March of 1848. the news did not receive much attention at first. However, gradually, the excitement grew among the locals after the newspaper published a picture of a merchant rejoicing at striking gold. As the news of the discovery spread fast across the country, it brought in people by sea and land from both natives and foreigners from Latin America, Europe and as far as ...
Despite of living in a world that has extensively benefited from the capitalist production system, it still seems necessary to make questions about its ethics. There is no doubt that since its adoption and generalization, people around the world has experimented unprecedented wealth and freedom, but there are still issues that plague the world where capitalism has had no power to solve. Many even find the cause of said problems in the capitalist system. This paper will analyze the definition, elements and criticism of capitalism as exposed by William Shaw in his book Business Ethics to find out if capitalism ...
Drugs in Latin America
Introduction
Latin America is regarded as a central geographical zone for the production, trading, and trafficking of the drugs. However, the Andean countries of Peru, Columbia, and Bolivia are the major producers of cocaine in the world, while Mexico, Caribbean, and Central America are the major corridors for the transport of drugs into Europe and the United States. More and more people are participating in the drug trade. Cocaine is one of the major drugs that have done great damage in the United States, and it has exerted bad impacts on the society. People are involving in crimes and ...
“All forms of culture are of equal value.” My stand on this proposition is that, “Cultures are not of equal value.”
In 1871, Anthropologist Edward B. Tylor in his book entitled “Primitive Culture,” he first used the word culture. He defined culture as an intricate whole that includes belief, knowledge, morals, customs, law, and capabilities or habits, acquired by human being as a member of the society . The definition itself is partly a statement implying that cultures are not of equal value since it emphasized that within the complex whole it composed of different principles or natural laws. In addition, ...
Literature
“Why the Rich Get Richer and the Poor, Poorer” by Robert Reich
Based on Robert B. Reich’s views concerning the decreasing job opportunities for routine producers (e.g., factory workers), in-person servers (e.g., bank tellers), and symbolic analysts (e.g., CEOs), the increased immigration affect the American economy in such a way that even with declining population among the second group of workers (that is, in-person servers) resulting to reduced competition for their jobs, increased immigration may nonetheless cancel it (Reich 515). Immigration may be a hopeful sign if the country needs more in-person servers for its aging population, small population, ...
Economic agencies should have the authority to set enrollment of university programs based on projections of job availability because of a number of reasons. First of all, the main cause of unemployment is the skills gap between the market for employment and educational institutions. This means that universities are churning out graduate who do not possess skills relevant to the job market. According to Manpower Group’s 2012 talent shortage survey, 40 percent of employers believe that graduates lack essential skills. The best solution to such a problem is that economic agencies should be allowed to use job availability projections to ...
Internet Sales Tax- Should There Be One or Not?
Internet Sales Tax- Should There Be One or Not?
No one can argue the fact that the current age belongs to the internet with people across the globe using the worldwide web for multiple activities including shopping. Indeed, statistics show that the number of people shopping online nowadays is increasing steadily. Consumers seem to prefer buying things online for several reasons- they can buy sitting in the comfort of their homes, browse through several online shops with just a click of the mouse and compare prices at several stores without hopping, skipping and jumping from shop to shop. Another ...
As one would be aware that Capitalism is the form of an economic system that dominates the world these days. This system has evolved out of human’s natural trading process. However, as put by Robert Heilbroner, it is both beneficial and dysfunctional for the society. Here I would argue that it provides greater good for the society. This ability also implies whether it also expected to dominate the centuries ahead.
Before we discuss the role of capitalism in the next century, we must acknowledge that it is near impossible for any economist to predict any major economic ...
Political Science
Introduction
How does the commercial peace theory, in the long run, attempt to avoid wars and not create them? In order to understand, or answer this question, scholarly articles written by McMillan’s (1997) Interdependence and Conflict; Buzan’s (1984) Economic Structure and International Security; Lynn’s (2005/6) War, Trade and Utopia; and Rowe’s (2005) The Tragedy of liberalism How globalization Cause the First World War are considered.
The world witnessed two major World Wars, during, and after which, a number of countries came together to form unions and blocs. The Soviet Bloc was an amalgamation of ...
Abstract
This paper explores the politics of environmental carbon reduction as it proves how market based instruments are hampered by political considerations, particularly in the case of reducing greenhouse gas emission. Environmental problems pressure national and global organizations, especially of climate change, Greenhouse gas emission is taken as a major solution to this problem. As the main argument, this essay proposes that market based instruments are very attractive as a solution to the environmental problems in carbon production but only in theory. In actual applications, they are usually hindered by political concerns. Politics is the baseline framework in environmental policy making and ...
After the economic crisis broke out in 2008, what economic system is best for the country, especially for the bank, becomes a hot topic between people. According to what we learned from the Great Depression, the British economist John Keynes state that government intervention can help a depressed economy through monetary policy and fiscal policy (Krugmanand Robin). Also, from what Keynes said and from the great depression, it also tells that too much freedom on the market will produce exactly the opposite results. Similar situations as to banks, during the recession, if the government can give the assistance at the moment, ...
Kohli’s argument suggests that cohesive capitalist states are the most effective at industrialization. What are the political, social, and economic insights to be gleaned from this observation? If countries want to develop economically in a democratic setting, what are the key lessons learned in Kohli‘s arguments?
Introduction:
Capitalism is here to stay and one cannot deny that. Recently we have seen the development of several industrialized nations which are not capitalist founded such as China and India. In his book, Kohli argues that industrialization undoubtedly brings about social change so it is important that those countries that are embarking ...
The Great Depression and the New Deal reshaped the American economy as well as its society, government and culture from predominant social and economic issues. The Americans were troubled by the deleterious political, social and immoral acts of the federalist financial system in 1801. This system was regarded as a driver of corruption in both the political system and the nation at large. The construction of railway and industrial revolution led to massive urban migration, which contributed to social and economic issues such as immorality, ethnicity and unemployment among others. This brought about several debates among the Jeffersonian debates, which ...
Is U.S. Global Dominance Destructive?
Since the world war, United States enjoys global dominance due to it control over the other nations around the world. The country enjoys the control of the economy, transport, security and even social status. Although most of this leadership status are profitable, some of the strategies fail have detrimental effects to the other nations. His could be due to a lot of control coming from the States thus overriding the doctrines and laws that govern the other countries.
Therefore, the U.S global dominance can be destructive in a number of ways. First, considering the ...
Value-neutral history/background of the college curriculum and the rise in the tuition cost
For many decades now tuition in colleges has been on the rise with some figures completely exhausting parents who cannot afford to send their children to college. The cost of raising a child and taking him or her through the college curriculum is relatively high comparing with the earlier times. In his works, Bowen, (2012) depicts the rise in cost of education in colleges and has been on the rise with as much as 10% inflation in the period between 2000 and 2010. The cost of college tuition has risen. However, there are reasons, which have contributed to the rise ...
Smoking in public places has been a major concern worldwide. Medical research has shown that public smoking leads to heath problems in the society due to the adverse effects it causes to both the smoker and the non-smoker, affecting both the people’s health and the environment at large. Though cigarette sale contributes revenue to the country, this should not make people overlook the economic effect it brings to the nation. The effects of public smoking cause to the community and the environment should be properly analyzed using available data and further research to support the proposal that Public smoking ...
One child policy in China was formulated in 1979 and took effect on the same year. Officially known as the ‘family planning policy’, one child policy requires couples who stay in urban areas to have only one child. This restriction does not, however, extend to persons who live in the rural areas of China. Other exceptions to the one child policy include persons who are from ethnic minorities as well as twins. Recent research indicates that as at 2010, approximately thirty six percent of the Chinese population lived in urban areas and were thus subject to the one child ...
‘Instructor’s Name’
"Barn burning", by William Faulkner
‘Barn Burning’ is a short story written by William Faulkner, a Nobel Laureate and two times Pulitzer winner, and was first published in the year 1939, in the Harper’s Magazine. As found in all Faulkner stories, this story too deals with the societal issues of the South, and it tells a great deal about the life during the Great depression years. It serves as a window to the reader, to peep into the economic, race and class turmoil of the depression decade. Faulkner stories are known for their grim portrayal of grotesque characters and the explicit ...
According to Howard (1), the majority of the European colonial economies in America from the sixteenth all the way to the nineteenth century were reliant on the African slaves for the supply of labor in favor of their continued existence. In the United States, throughout the colonial period, tobacco was the leading slave-manufactured product. Concentrated in Maryland and Virginia, the tobacco plantations made use of the biggest percentage of Africans slaves brought into the United States before the American Revolution.
During the pre-Civil War in the United States, a stronger argument can be made that slavery played a vital role ...
Consumerism can be said to be an economic and social order which promotes the buying of services and goods in intensively ever-greater quantity. Taking an economic perspective, it refers to the economic policies that hugely emphasises on consumption trends. In a conceptual sense, it can be the deliberation that consumers free choice should greatly adjust the choice of what’s produced and also how. It is undeniable that the economic-structure organization of our society is subconsciously propelled by an urge for domination, survival, and also expansion.
The society that we have is faced with a myriad of challenges in existence, ...
TA’s Name:
Decline of the American Empire since 2003/Hegemony
Introduction
Hegemony is a term mostly used to refer to forms of government where one government dominates another government by use of power or a threat of immense force directed towards it. Hegemony can be defined as imperial dominance where a government dominates another government politically by manipulating the social system of power to suit them. An empire can be defined as a controlled region where order and stability in governance has been implemented. The American empire has had hegemony over other states in the world for quite a long time where it has influenced ...
The war against the use and possession of marijuana either for medical use or recreational purposes has been a major national controversial issue. This is a controversial issue, considering the fact that for all these years of the fight against the use, there have always been two sides or views concerning the law and fight. While some see the economic benefit of legalizing marijuana, others see the problems such as the violence and crimes that could be associated with overuse of marijuana. Whether such problems will overwhelm the economic benefits of legalizing marijuana remains to be seen.
Opponents believe that ...
Introduction
Neo-liberalism or rather neoliberal policies encompass a dominant social, political and economic model built upon the diminished role of the state whose role is relegated to the administration of poverty and the management of social conflict. This is usually meant to ensure the non-interference with corporate profits. This model is further characterized by the abandonment by the state of its roles as the representative and mediator in the midst of other social actors. The effect of such neoliberal policies is that the social territory is left to the mechanisms of the market with no or little interference by the state. ...
Chinese Politics - Will China's Rise to Economic Global Dominance be Peaceful?
Introduction
Political stability correlates with the economic development in the country. In most cases, the countries that have high levels of development economically experience challenges in terms of political stability. China is a rising economic hub not only in Europe but also in the world as a whole. The developments in China have taken storm over the world as all the sectors have risen to compete at the world’s highest economic level. However, China will sustain the economic growth and maintain peace in the country at the same time. This paper argues on the possibility of challenges in maintaining ...
We Live in a Multimodal World
In an ever more polluted world, carbon tax is becoming an increasingly important topic in environmental policy. Using multimodality as a teaching method eases the learning process of complex subjects, such as carbon tax. Arguing that the video “How Does Carbon Pricing Work?” is a great example of a multimodal communication tool, which teachers should use in an economics classroom. Today’s highly digital world demands that teachers apply multiple modalities, such as videos, to explain traditional concepts and appeal to the twenty-first century mind. Straightforward while backing the multimodal approach in classrooms, Takayoshi and Selfe offer five key points supporting courses ...
Do zombies represent the white collar criminals from the financial crisis? That is the question I was asking myself after reading Torie Bosch’s article “First, Eat All the Lawyers.” zombies highly populate our pop culture. From movies to novels to television our world has become seemingly overflowing with zombies. Surprisingly sometimes there are even more zombies than there are vampires. Bosch tries to persuade us that the zombie craze is pop culture’s device to help us deal with the economic crisis. If the economic crisis has brought us zombies in our entertainment, does that mean the zombies ...
The economic growth of United States became even better in the 1900s which also brought about the disparity of wealth between the rich and the poor. The government and Wall Street have been working together in order to formulate laws that will favour the banks and the rich community (Penner). When there is a reduction of tax payment the rich will be able to continue investing and increasing their wealth while the poor may increase their wealth but it will not be same because they cannot afford to take risks with their wealth. The politicians also get their funding from ...
Neoliberalism is responsible for most of the economic problems we are experiencing today. This paper concurs with the argument. Ideally, neoliberalism refers to a new form of liberalism. Neoliberalism was popularized in the 1930s with the intention of deregulating markets. It essentially refers to the reduction of government action in the market. This leads to free enterprise where private players are let to determine their own destiny with minimum government involvement. Ideally, markets need an amount of regulation and the consequential deregulation has seen a stretch that is too thin than what implementers bargained for. This paper seeks to argue that ...
The European Union: An economic project or a political power?
Since the time of its inception, the European Union became one of the major players in both political and economic development throughout the globe; following the lead of the United States. This supranational organization consisted of 28 European states had developed from 1951 to the present, uniting the European region and adding more members to the fray. It is undeniable that the EU today is a force to be reckoned with, however, it is argued that the EU is mostly an economic power than a political bloc that must be taken in consideration. With the policies of the EU fostering a common ...
Statistics has it that there are many students that are dropping out of school, in countries like America, the numbers are high despite the age where education is most needed and valued. This could be contributed by a number of factors that eventually force students to drop out of school. School dropout has a lot of consequences both on the individual and the community at large; this therefore means that it is an area to keenly be looked at in order to reduce the number of school dropouts. This paper is generally going to tackle the dropout rates with much concern ...
- Introduction
The dramatic rise of China as a political and global trading force presents a set of matters and concerns for the highly developed countries and particularly to the Asia-Pacific region. While China only poses a lesser security precaution at this juncture, its global intentions and developing capabilities warrant some serious considerations. This is due to the military, economic and political impact of any of its actions or moves.
- China’s Security Alignments and Oppositions
Of the other stable nations in the Asia Pacific region, only Russia takes China as its vital partner. The western democracies are ...
Self-realization
Introduction
The idea of self-realization is highly controversial especially in an environment where external factors have a high potential of affecting one’s decision. Self-realization describes the aspect of accomplishment of the possibility of a person’s personality. This entails freeing self from social and institutional norms by assuming a liberal perspective that is informed by personal beliefs. Various scholars have critically evaluated the subject of self-realization by attempting to illustrate real life incidents that describe the practicability of this idea. However, these scholars have adopted diverse and contrasting perspectives while describing the concept. Some of the scholars who have raised strong ...
Introduction
The world has witnessed various changes and transformation prior to reaching its current stage. The contemporary changes in the world’s social, political, and economic aspects has to a large extent modified and affected people’s way of living. The 21st century is not exceptional from these changes. Despite having positive impacts to human development, global transformation has also played a critical role in advancing world’s economic and social development. In this respect, education has played an essential role in facilitating modern changes and development. Particularly, education has been essential in developing people’s skills that has enhanced modern globalization. ...