Wednesday, April 1, 2020

Is the concept of anomie relevant to contemporary society Essay Example

Is the concept of anomie relevant to contemporary society? Essay Is the construct of anomy relevant to modern-day society? The term anomy is a construct developed by Emile Durkheim ( 1858-1917 ) who was born into a Judaic Rabbinical household in the eastern Gallic state of Lorraine. He was a instructor of doctrine and exhausted clip in Germany where he was introduced to new progresss in psychological science and societal scientific discipline. He had a major influence and made a large impact to the survey of society, self-destruction, the division of labor, solidarity and faith and has frequently been considered and regarded as the laminitis of professional sociology. Durkheim foremost published his construct of anomy in his book â€Å"The Division of Labour in Society† ( 1893 ) . In his book he indicated regulations of how interaction between people was disintegrating and how they were unable to specify how to associate and interact with each other. Therefore he believed that anomy was a province where the outlooks of behaviors are non clearly defined and there is a break down in the system which is known as normlessness. Durkheim preferred to utilize the word mental unsoundness in topographic point of normlessness nevertheless he claimed that this normalness caused aberrant behaviors and subsequently could even ensue in depression and self-destruction as claimed in his book â€Å"Suicide† ( 1897 ) . The deficiency of these norms and values in society creates a province of deregulating and normlessness which is anomie. Peoples feel they have no counsel and miss the ability to make their single and corporate ends or aims. The rubric of this essay is a inquiry to reply â€Å"Is the construct of anomy relevant to modern-day society? † The following paragraphs will supply illustrations of replies to this inquiry and will demo that the construct of anomy is relevant to society today where the norms and values regulating societal interaction interrupt down and human behavior lacks ordinance. We will write a custom essay sample on Is the concept of anomie relevant to contemporary society? specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Is the concept of anomie relevant to contemporary society? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Is the concept of anomie relevant to contemporary society? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The first illustration which shows that anomy is relevant to modern twenty-four hours society will concentrate on criminology and anomy. In criminology the construct of anomy is that the single chooses to perpetrate condemnable actions because this individual believes there is no ground non to make so. The person is normally alienated and isolated, feels worthless or insignificant and thinks it is unpointed and futile to seek and accomplish anything else as it is a waste of clip and attempt. Therefore normally this individual goes against the norm and values of society and sees there is no other alternate than to go involved in condemnable and noncompliant activities. Take a state of affairs which is classed as the norm in a functionalist society: the province provides instruction for kids, revenue enhancements are paid by the parents/families of these kids which are in bend used to fund their instruction and development. Normally these kids grow up good educated and able to obtain e mployment and accomplish their ends career wise. They become jurisprudence staying citizens, have a occupation, pay their revenue enhancements, settle down have their ain kids and so the rhythm continues. In the United Kingdom this is the norm for the bulk of the population and society in general presents. However take the state of affairs where anomy is involved in other words the fortunes the kid is being reared and populating in is non the norm in this scenario: The kid attends an under-performing school in a hapless country where the bulk of people are populating on province benefits. The kid does non see the point in traveling to school and merely attends the bare minimal sum of clip. The kid leaves school at the earliest chance and is non encouraged by household and friends to go on in instruction. The country the kid lives in has high offense rates and a gang civilization. This kid becomes a adolescent who sees their lone chance to acquire on in life is to fall in the local p ack and go involved with them and partakes in misdemeanor. The parents are unemployed, uninvolved and have condemnable histories so the adolescent sees the pack as their household. The adolescent becomes an grownup, has already spent clip in a immature offender’s establishment and has no opportunity of acquiring a occupation. This grownup is now unemployable and feels worthless, insignificant and has no sense of way and hence falls into a life of offense. In this instance the adolescent became involved in offense because they felt there was no other option or chance available to them. This first illustration shows how the construct of anomy is relevant in society today. In the United Kingdom reasonably late there have been two cases which show the construct of anomy is relevant in modern twenty-four hours society. The anomies being referred to is public violences and protests where rioting is a consequence of anomy and a signifier of anomy. Rioting by English and Welsh citizens is a statutory offense in England and Wales and is documented in Sections 1 to 5 of the â€Å"Public Order Act 1986† . A public violence as defined by the â€Å"Oxford English Dictionary† is ‘A wild or disruptive perturbation created by a big figure of people. In this illustration the accelerator for the public violences in Tottenham was non the shot of Mark Duggan on the 4ThursdayAugust 2011 as was presented by the imperativeness. The existent cause of the public violences was the confrontation between a demonstrator and a police officer outside the constabulary station in Tottenham at 7.20pm on Saturday 6th of August. These actions caused a province of anomy that allowed the demonstrators the ability to take out their defeats in a manner that does non match to societal norms and this was the start of the Tottenham public violences in North London. When society becomes more organic and complex like modern twenty-four hours society is people are no longer reliant on one another and hence societal bonds become impersonal. In this illustration there was a dislocation of societal norms where norms were no longer able to command the actions of members in society. Durkheim himself observed that societal periods of break for illustration economic depression as was the instance in 2011 was frequently responsible for greater anomy with higher degrees of offense, self-destruction and aberrance. With mention to the Tottenham public violences in North London there is a clear association with Durkheim’s construct of anomy. The confrontation between demonstrators and the constabulary was the accelerator to get down the public violences bu t it was non the cause which was a corporate build-up of grounds and issues. With the state in an economic crises and high grades of agitation in the community due to the shot of this guiltless immature adult male the degrees of alienated behavior were greatly increased. It could be argued that the norms of the state of affairs had broken down, as there was confusion over whether or non Mark Duggan had even shot at the constabulary. As the public violences escalated, we can besides associate to the fact that there was a deficiency of regulations to steer people, and hence, normlessness broke out, which as Durkheim stated led to deviant behavior. This gave rise to self-interest and tempted persons to fall in in the public violences on the footing that it is hard to catch an person in a big rabble. Deviant behavior such as robbery and â€Å"copycat† rioting in other metropoliss in the state besides occurred increasing the degrees of alienated behavior. The terrorizing velocity with which the force spread from London to other large metropoliss this clip was implicative of a far more complex and profound sense of societal disaffection and isolation. Britain’s disturbed and deeply unequal society is one in which many people feel they have no interest or hereafter, this feeling of helplessness fuels anomie. The other recent illustration of alienated behavior relevant to modern-day society was a series of student protests in 2010 in the United Kingdom with the chief protests in London. The aims of these protests were to oppose planned disbursement cuts in farther instruction and the additions in pupil tuition fees. The accelerator in this case was the consequences of the authorities reappraisal of support for higher instruction in England. Harmonizing to pupil groups promises made by politicians during election runs had been broken. Higher instruction would go less come-at-able for immature people. Future pupils would stop up with high debts holding to pay off these debts over longer periods in clip go forthing them in debt for longer during their big life. The perceptual experience was that intended cuts to education were inordinate and would damage the quality of higher instruction. It would give pupils higher debts, and run promises made by politicians were perceived as broken promise s. The first major protest organized by the National Union of Students ( NUS ) and the University and College Union ( UCU ) involved up to fifty 1000 demonstrators who marched through cardinal London nevertheless several hundred left the March to assail and busy the Conservative Party central office. The breaking away group caused a divide within the pupil motion for utilizing such tactics every bit good as animadversion and unfavorable judgment from the authorities and constitution. On the twenty-fourth November the National Campaign Against Fees and Cuts ( NCAFC ) requested a mass walk-out and presentations to be held, with businesss taking topographic point at campuses throughout the UK. Over a four hebdomad period there were a figure of Marches in cardinal London where constabularies used kettling as a manner to incorporate the protestors, this resulted in violent confrontation with dissenters and constabularies. Kettling is a tactic used by constabulary to incorporate and cordo n off an country whereby the protestors are merely allowed to go out by the constabulary which means the protestors are held in a individual country without being able to hold entree to nutrient drink or lavatory installations, the continuance of which is decided by the constabulary force involved.The pupil protests did non run into their aims and the authorities reforms went in front. Protests ended in pandemonium, with violent clangs between constabulary officers and trouble makers who hijacked the Marches, taking to 100s of arrests.There was a batch of unfavorable judgment of both sides due to these incidents of hooliganism and force every bit good as the behaviour of the constabulary in utilizing inordinate force. On both sides in this scenario the behaviour seen and reported could be classed as another illustration of alienated behaviour in modern twenty-four hours society. In decision is anomie a driver in respects to offense and violent public violences such as portrayed in these illustrations? Anomie is linked to conditions of impotence and disaffection, it feeds from but goes beyond anarchy. Many boisterous members of society are besides to the full embedded in comfy societal places, or fighting to fall in, to be portion of their society. Their interrupting the jurisprudence doesn’t needfully intend they are alienated, which is, detached from mainstream values, nevertheless this issue is problematic. In the first illustration with respect to the kid being born into a life of offense and aberrance this goes against the norm and shows the construct of anomy is relevant in modern society. With the public violences there are two decisions which can be considered. The city manager of London Boris Johnson dismissal of the public violences holding ‘sociological explanations’ is problematic. While some people think the rioting was caused by the eroding of morality, weak or non-existent parenting and non adequate constabulary is besides possibly problematic. However for others the 2011 public violences in Tottenham were a effect of economic instability that created a sense of anomy and weakness and were a corporate With the pupil protests it’s possible that pupils did nt experience that they had anybody to turn to their choler to with respect to higher instruction cuts and additions in costs This is a map of the dislocation in trust in authorities, a map of anomy and defeat. This can be summed up in the statement by the NUS leader Education should open doors, but the authorities is banging them shut ( Liam Burns ) . In decision these three illustrations portray different types of people in society – the kid, the grownup rioter, the pupil dissenter and all of them show the construct of anomy is relevant to modern-day society. Word Count = 1817 Bibliography Durkheim, E. ( 1893/1984 )The Division of Labour in Society.New York: Free Imperativeness Durkheim, E. ( 1897/1951 )Suicide. New York: Free Imperativeness â€Å"Public Order Act 1986† Sections 1 to 5 ( Online ) Available at: hypertext transfer protocol: //www.legislation.gov.uk [ Accessed 9 January 2015 ] National Campaign Against Fees and Cuts ( NCAFC ) ( Online ) Available at: hypertext transfer protocol: //www.eusa.ed.ac.uk/eusapolicy/internal/ncafc/ [ Accessed 10 January 2015 ] National Union of Students ( Online ) Available at: hypertext transfer protocol: //www.nus.org.uk/ [ Accessed 10 January 2015 ] University and College Union ( Online ) Available at: hypertext transfer protocol: //www.ucu.org.uk/ www.ucu.org.uk [ Accessed 10 January 2015 ]

Saturday, March 7, 2020

Deserted Soldiers in Mexican-American War essays

Deserted Soldiers in Mexican-American War essays Saint Patricks Battalion, a unit of hundred immigrants of European descents, joined Mexican Army and fought against United States in Mexican-American War from 1846 to 1848. Why did those immigrant soldiers desert U.S. and assist their enemies? The success of United States invasion and control of vast territories of Mexico must rely on soldiers unity. However, the desertion of immigrant soldiers revealed some sharp conflicts among U.S. Army. U.S. Armys prejudice to those immigrant soldiers pushed them to desert. Soldiers desertion was very rare in the war history; thus, the main reason of religious discrimination, poor living condition and inhuman treatment by U.S. Army and temptation by Mexican government will be explored in this paper to explain why those immigrant deserters gave up United States and changed their side in Mexican-American War. Many immigrant soldiers, especially Irish, deserted because they experienced harsh religious discrimination in the United States. Because of the difficult condition of famine in Ireland, many Irish immigrants went to United States. Thousands of them joined U.S. Army for the U.S. Citizenship and money. However, the tension rose between Army and Irish due to the religion. Most of Irish were Catholic and U.S. Army was very intolerant towards both Irish and Catholics at that time. In Peter F. Stevenss A Perilous Journey and Six Irish Rebels' Escape to Freedom, he wrote the prejudices towards Irish in the U.S. Army, Irish were seen as lazy and ignorant, while Catholics were considered fools who were easily distracted by pageantry and led by a faraway pope(Stevens). In the army, other soldiers believed that the Irish were inferior soldiers and gave them dirty jobs. They had no chance to be promoted. Punishments such as negligence of duty were often severe. Even worse, conditions were har sh for other Catholic immigrant soldiers such as the German...

Thursday, February 20, 2020

Mariel boat lift Research Paper Example | Topics and Well Written Essays - 2000 words

Mariel boat lift - Research Paper Example icies of many European countries as well as America and they did think of providing political asylum to the Cubans but, still there was a law in the European countries that any illegal immigrant coming to Europe from Cuba will be handed back to the Cuban government. Cuba is very well known anti human rights country. No human rights association is allowed to enter and work in this country because of the cruel anti human rights actions taking place in the country and the rulers of that place do not want them to be exposed out in the whole world. These anti Human rights actions were the main cause that lead to the immigration of millions of Cubans and they had to leave their country and countless innocent lives were lost in the process until the Mariel boatlift that started from a radio broadcast and turned out to be a mass immigration. Cuba is a communist country and violates several many human rights incorporated into the Declaration of Human Rights. It suppresses its individuals thought process, religion, opinion, right to participate in government and other many things. Furthermore, it denies access to humanitarian organizations into Cuba (Tibanear). The Cuban government does not allow its citizens to immigrate without government authorization. Immigration was a crime punishable by jail time as well as monetary penalties. However, after 1989, Cuba’s economic conditions took a turn for the worst and Cubans were desperate to move even if it put their life to risk. An estimated 70,000 Cubans have probably died trying to migrate to America. More recently, law have been signed where neighboring countries like the U.S Bahamas etc return unauthorized Cuban immigrants to the Cuban government while many European countries do the same. However, in some case the European countries provide political asylum. This jus t shows blurred international law about humanitarian rights (WerLau). Over 125,000 Cubans moved to Southern Florida from Port of Mariel in Cuba during the

Tuesday, February 4, 2020

Sexual prosperity Essay Example | Topics and Well Written Essays - 1000 words

Sexual prosperity - Essay Example Kung and the Mehinaku and our own practice of sexuality is the age at which children are exposed to sexuality. As a base approximation, it is fair to say that our society shields children from sexuality the most, followed by the !Kung and finally by the Mehinaku, who have very few qualms with their children experiencing sexuality. In the !Kung society, parents do make an effort to avoid exposing their children to sexuality overly much, often by waiting for their children to fall asleep to have sex or else trying to go off somewhere private whilst their children are cared for by someone else (Shostak 95). They also, however, make frequent sexual jokes and experience sexuality as a integral part of their humor, meaning that children will certainly become curious about sexuality and try to crack the code of their parent’s sexual language. The Mehinaku take this to an even greater extreme, tacitly allowing their children to experiment sexually with each other in games of â€Å"ho use,† and doing very little to shield their children from sexual congress, allowing their children to â€Å"watch older kin† when they are engaging in sexual activity together (Gregor 142). One of the primary reasons for this openness about sexuality with children in both these societies, compared to the relatively closed western society, is privacy. Shielding children from sexual activity is simply an impossibility in small, tight-knit communities like the !Kung (who live in villages of around thirty people (Shostak 98), or the Mehinaku, whose entire population consists only of a few hundred people. Furthermore neither society places significant value on virginity, as openly stated by Shostak (98), while premarital sex is freely accepted by the Mehinaku (Gregor 143). One of the other main differences between sexuality in these two societies and our own is sexual contact outside of marriage. While sexual contact outside of marriage is present in all three societies, in ours it is considered incredibly taboo in our society, with public disclosure often ending a marriage. This stands in stark contrast to extramarital affairs in the !Kung and Mehinaku societies, which, while ostensibly not allowed are incredibly common and tacitly accepted if they are subtle enough. In !Kung society, affairs outside of marriage are relatively common, but â€Å"not openly condoned† so it is important that the lovers know how to â€Å"play by the rules† when engaging in extramarital affairs (Shostak 118). If this is done, then usually affairs are relatively permitted. Jealousy still exists in !Kung society, and young married couples may actually come to blows over extramarital affairs, but as people mature it becomes more and more important to be discreet and keep things out of the public eye, meaning that often even when an extramarital affair is suspected or known it will be ignored or dealt with stealthily. Mehinaku society has a similar tendency to al low extramarital affairs so long as the couple are sensible enough to be discreet (Gregor 147). It could be argued, however, that our society is actually very similar to these two in the acceptance of extramarital affairs, seeing how public they have become (eg. Bill Clinton) and how often they are portrayed and tacitly accepted in media. The Mehinaku and the !Kung both have drastically different expectations of their children’

Monday, January 27, 2020

Causes of the 2008 Global Economic Crisis

Causes of the 2008 Global Economic Crisis Essay Topic: Outline the major arguments put forward to explain the emergence of the 2008 crisis. Discuss in detail the two that seem most relevant together with the supporting evidence about their validity The world economy witnessed its most dangerous crisis in 2008 since the Great depression in the 1930’s. The contagion, which began in the United States when the housing prices finally turned assertively downward and spread quickly to the entire financial sector in the U.S and then to other financial markets abroad through financial and trade linkage . The financial crisis prompted in the early 2006 when the subprime mortgage began to show an increasing rate of mortgage defaults which later increased higher than normal rate in the late 2007, and on September 15,2008, one of the biggest investment banks in the world, failed, Lehman Brothers (2008financialcrisis, 2015). This essay would look at the major factors that explains the emergence of the 2008 crisis and also critically discuss in details the two most relevant arguments with supporting information and data that proofs its validity. Various arguments were proposed to explain the emergence of the crisis, which are; capitalist instability, financial deregulation and innovation, debt and crisis and rising inequality. The financial crisis shows inherent instability of capitalism; John Maynard Keynes believed that it was necessary to use monetary and fiscal policy to tame instability because he sensed that the market economy was unstable, this system became the pillar after the Great Depression and was a success this success later was carried to extreme and became overgrown and highly wasteful. Financial capitalist revolted against higher rates of inflation in the 1980s by forcing government to adopt restrictive policies, especially tight monetary policy (this is higher interest rates) and the result was less inflation and a return to higher unemployment, this shows that government policies have affected the combination of unemployment and inflation at specific times. Milton Friedman later came up with the neoclassic al theory that states that the market economy should be kept free from government intervention and regulation to enable more efficiency and stability. This thinking has been carried too far by the Bush Administration of 2001to2008, which has sought to do away with regulations and allows securitization of debts and everything else imaginable, these workings of market was spread globally. It is however fair to say that what led to the financial crisis can be a grand experiment of global scale aimed at the creation of the laissez-faire ideal comprehended by the neoclassical school (Katsuhito, 2008). The financial liberalization is also considered as one of the main causes of an increased frequency and intensity of financial crisis, these deregulations has a potential negative effect on the financial stability. Although the evidence towards these effects is inconclusive for several reasons, it increases bank risk-taking in both developing and developed countries through different channels in both groups of countries. In the developed countries, increased bank competition is the main channel of bank risk but in the developing country increases in bank risk associated with increased bank competition is not found. However, research also indicate a different effectiveness of capital regulation, official supervision, and financial transparency for limiting bank risk-taking across countries, this essay would later focus on the financial deregulation and innovation to explain the emergence of the crisis with theoretical background and hypotheses to discuss the potential effects of finan cial liberalization on bank risk-taking. Household indebtedness has a cause and a long-run macroeconomic implications, this has grown in most considerably developed countries over the past 25years, sustaining consumption growth and contributing to the fall in the household saving rate. The rapid household indebtedness manifested in the USA, housing bubble started to burst in 2006 and fell about 25 percent from the peak so far after prices stopped to increase in 2006 and decreased in 2007. This decline was obvious that homeowners could no longer refinance when their mortgage rates were reset, this caused delinquencies and avoidances of mortgages to increase rapidly, especially among subprime borrowers. The percentage of mortgages in foreclosure tripled in the first quarter of 2006 to the third quarter of 2008 from 1 percent to 3 percent or at least thirty days delinquent more than doubled , from 4.5 percent to 10 percent. The delinquency and foreclosure rates are higher than that of the Great Depression which was 6.85 in 198 4 and 2002, the American dream of owning your own home turned into an American nightmare for millions of families. By 2009, a total of about 6 million mortgages are either in foreclosure or has already been foreclosed which is about 12 percent of all the mortgages in the United States, this means losses for lenders and it was estimated to be $1trillion or more. In addition to losses on mortgages, due to the weakness of the economy, there were also losses on other types of loans which was ranged up to another $1trillion, so total losses for the financial sector as a could be as high as $2trillion. It was also argued that rising inequality in the past three decades has led to political pressure for redistribution that eventually came in the form of subsidised housing finance and has been found in general to impede growth. Political pressure was applied so that low-income households who overall would not have qualified gotten enhanced access to mortgage finance. The subsequent lending boom made an enormous run-up in housing prices and empowered consumption to keep above stagnating incomes. The boom switched in 2007, prompting to the emergence of the 2008 crisis. Along the lines, this essay would further review evidence that suggest that unequal access to political impact produces unequal access to finance and eventually unequal opportunities, which can underpin any initial economic inequality. Inequality has blended much contention amongst economists due to its role in the economy, a critical number of economist have exhibited the implications created by rising economic inequality and its role in the current global financial crisis while different other economist reject this thought and also minimalizing the importance of inequality as a contributor by stating other factors that contributes to the crisis. Most developed countries have experienced a great increase in inequality in the last few decades, especially in the US where there has been a wide aggregation of wealth and capital amongst the top-earning bracket of society whilst the average workers have encountered a relatively small increment in real wages in connection to inflation and rising productivity. This has in turn increased household debts for low income earners in the economy due to the need of maintaining a comfortable living. Krugman (2013) believed and argued that these two phenomena are possibly related â€Å"Inequality is linked to both the economic crisis and the weakness of the recovery the followed†. Figure 1 shows the common trends in the share of total income amongst the high income earners in the US. The share of total income grew gradually from 1943 to 2008, although there has been a slight decline in shares over the period but the overall trend has been a significant increase. Going before the current financial crisis, the to 5 percent accomplished far more prominent increments than the next 5 percent, which income stagnated. Also, there is a sharp increment in the share of total income of the top 1 percent before the Great Depression and the current global financial crisis. In both cases, the share of total income reached roughly 24 percent within a year of the crisis that is 1928 and 2007 correspondingly. Following the financial crisis, both periods had a sharp decline in share. Wisman (2013) discovers that the rate of income increases for the first bottom 20 percentile was just 6.3 percent and 15.8 percent for the second bottom 20 percentile, Which is significantly lower than the top 1 percentile that witnessed a staggering increase of 228.3% and the to 20 percentile increased by 79.9%, wage stagnation is a clear evidence. Based on household debt, as a rate of GDP, there has also been a non-stop increase from third quarter of 2006 to third quarter of 2009 as seen in Figure 2. As the overall debt increases, whilst top 10 percent earners experience increasing earnings, this would inevitably result in an â€Å"ever-growing gap between the rich and the rest† (Krugman, 2013) However economist differs in their assessment of the inequality contribution towards the crisis, it was also argued how inequality affects access to finance. Another empirical study focuses on firms; firms reliably need to bribe officials to dodge regulatory harassment in developing countries (Berger and Udell, 1998). Access to financing can help overcome most barriers, as money is fungible. Recent evidence demonstrates the significance of access to finance for less established producers, Perotti and Volpin (2007) proofed that in a large study of entry rates across countries; better investor protection is indeed allied with larger average entry rates, and in addition with more firm density in sectors which depend all the more on external finance. This then shows that poor financial access is a major source of entry barriers. Their outcome indicates that poor investor protection is more probable in nations with poor political institutions and in countries with more economic inequality . Interestingly, they find that it is no longer significant once they present effective investor protection while the size of domestic capital markets subsidises to explain entry. Consequently individual access to finance is more dangerous for new entry than the general state of financial markets. Also, Firm data demonstrate that, in specifically affecting their growth, access to finance is top three barriers for growth, so it therefore affects smaller firms more compared to the larger counterparts. Estimations of the effects of absence of financing constraints propose that small, medium and large firms have grown slower by 10.7, 8.7 and 6.0 percent correspondingly in the period 1996–1999 (Beck et al., 2005a). This low growth suggests that absence of access to financing raises indirectly inequality. Financial deregulation and Innovation, the 2008 crisis has highlighted the limitations and hazards of financial innovation while dimming the light on its core benefits for an economy. The sole purpose is that complex financial instruments related with innovation were broadly used as vehicles in the credit expansion that prompted to the crisis (Sà ¡nchez, 2010). Mortgage securitizations during the housing bubble years did not diminish the information problem that neither are typical of credit transactions, nor edit it induce appropriate risk assessment. Moreover, innovation has had a critical and positive role in financial innovation, leading to the development of economic wellbeing. Hence provided that we reinforce sensible regulation to discourage excessive risk taking in the future, innovation can continue to benefit our societies (Sà ¡nchez, 2010). The most important conditions are those needed to abate possible causes of excessive leverage and risk taking. Notably, monetary policy should pursue its objectives and avoid any expansionary undue credit or assert price booms. Similarly, fiscal policy should make sustainability of financial institutions a priority without resorting to subsidies loan that may lead to risk taking. Regulation should focus on making financial system resilient to crises; there aim should be to align incentives toward responsible risk taking and moral hazard risks. It should be borne in mind that regulation is not a guarantee for protection. Rather, regulation should make customers and risk managers more demanding, as it does not eradicate the risk inherent in financial products. Regulatory and supervisory efforts should never crowd out the responsibility and due diligence of market participation. An analysis on monetary and fiscal policies in the US prior to the recent global crisis by Taylor (2009) focuses on Taylor Rule which examines the rate of growth and the level of interest rates. This rule explains that an increase in economic growth must be equalled by a subsequent increase in interest rates (Taylor, 1993). He stated that interest rate reduced in the 2001 recession, as it was expected to expected to rice back but then it became very low, which fuelled the housing boom and eventually resulted in a housing foreclosures. Interest rates stayed far too low as the US economy experienced economic growth (2009:166). The demand for houses would decline once the short-term interest rates increased back to its normal levels significantly, followed by a decrease in construction. Housing prices inflation declined. Delinquency and increases in foreclosures followed, which lead in â€Å"the meltdown in the subprime market and on all securities that were derivative from the subprim es† (Taylor, 2007:3). Essentially, government policies, rather than increases in inequality, were the source of the housing crisis and eventually the financial crisis. Cheap credit influx of capital from China into the United States was one reason, China’s capital surplus was the mirror image of the U.S. trade deficit, lots of dollars were sent to China in exchange for cheap good sold to the U.S consumers by the U.S corporations. The shift in which institutions hold mortgages, is a key reason that mortgages were made available so widely and with such little review of recipients. Financial Deregulation and Unchecked Financial â€Å"Innovation†. Initially, banks created mortgages and held them. In the current global crisis, banks and non-bank mortgage lenders created loans, but these loans was then sold to others. Investment banks sealed lots of mortgage loans into â€Å"Collateralized Debt Obligation† (CDOs) and then was sold to Wall Street, with an insurance of a steady stream of revenue from interest payments. These system was pretty much unregulated, no one took account of how sub-standard the loans were or more fundamentally, the certainty that huge numbers would go bad if and when the housing bubble popped, despite the fictional erudition of the investors involved (Weissman, 2011). In conclusion, the arguments presented in this essay explaining the emergence of the 2008 crisis which are capital instability, financial deregulation and innovation, debt and crisis and rising inequality, an also focused more on two arguments which are Financial Deregulation and Inequality in financial market. The financial crisis was avoidable, because this crisis was more or less due to human action and inaction, not by natural factors or computer models miscalculation. It obviously ignored warnings and failed to question the knowledge and manage developing risks within a system crucial to the well-being of the Citizens of the United States. References 2008financialcrisis.umwblogs.org,. Overview. N.p., 2015. Web. 21 Mar. 2015. B. Taylor, J. (2009). THE FINANCIAL CRISIS AND THE POLICY RESPONSES:AN EMPIRICAL ANALYSIS OF WHAT WENT WRONG. [online] Available at: http://www.nber.org/papers/w14631.pdf [Accessed 21 Mar. 2015]. Barba, A. and Pivetti, M. (2008). Rising household debt: Its causes and macroeconomic implicationsa long-period analysis. Cambridge Journal of Economics, 33(1), pp.113-137. Crotty, J. (2009). Structural causes of the global financial crisis: a critical assessment of the new financial architecture. Cambridge Journal of Economics, 33(4), pp.563-580. Caprio, G, Demirguc-Kunt, A and Kane E. J (2010) ‘The 2007 meltdown in structured securitisation’ The World Bank Research Observer, 25 (1): pp. 125-155 Moseley, F. (2012). The U.S. economic crisis. [online] Isreview.org. Available at: http://isreview.org/issue/64/us-economic-crisis [Accessed 21 Mar. 2015]. Katsuhito, Iwai. Global Financial Crisis Shows Inherent Instability Of Capitalism — The Tokyo Foundation. Tokyofoundation.org. N.p., 2008. Web. 22 Mar. 2015. Minsky, H. P. (1980) ’Capitalist financial processes and the instability of capitalism’ Journal of Economic Issues, 14 (2): 505-523 Krugman, P. 2013. Why Inequality Matters. [online] Available at: http://www.nytimes.com/2013/12/16/opinion/krugman-why-inequality-matters.html [Accessed: 14 Mar 2014]. Phillips, M. (2013). Americans Are Now Taking On More Debt Than At Any Time Since 2008. [online] The Atlantic. Available at: http://www.theatlantic.com/business/archive/2013/11/americans-are-now-taking-on-more-debt-than-at-any-time-since-2008/281537/ [Accessed 24 Mar. 2015]. Wisman, J. D. 2013. Wage stagnation, rising inequality and the financial crisis of 2008. Cambridge Journal of Economics, 37 (4), pp. 921945. Weissman, R. (2011). Deregulation and the Financial Crisis. [online] The Huffington Post. Available at: http://www.huffingtonpost.com/robert-weissman/deregulation-and-the-fina_b_82639.html? [Accessed 24 Mar. 2015]. Sà ¡nchez, M. (2010). Financial Innovation and the Global Crisis. IJBM, 5(11). Appendix Figure 1 – Shares of Total Income Accuring to Each Group in The US (Kenworthy and Smeeding, 2013: 36) Figure 2 – Total US Household debt balance (Phillips, 2013)

Sunday, January 19, 2020

Anorexia Nervosa Essay -- Health, Eating Disorders

Davis 1 Anorexia nervosa is defined as a refusal to maintain a minimally normal body weight, in addition to a disturbance in perception of body shape and weight( DSM-IV-TR, 2000). In this paper we will examine Carolyn Costin’s battle with anorexia nervosa from a biopsychosocial perspective and what reinforced her disorder. This will be followed by diagnostically using the DSM-IV-TR in Carolyn’s case and conceptually using the sociocultural dimension. The implications for both Carolyn, her social and cultural context, as well as society at large will be addressed. The paper will then conclude with the successful treatments of anorexia nervosa and why we should care about the disorder. The biological dimension of Carolyn’s eating disorder includes looking at her first-degree relatives, more specifically females for a pattern of abnormal eating behaviors. In Carolyn’s family perhaps a genetic contribution made her vulnerable plus the changes her body was going through during puberty may have all contributed to her developing anorexia nervosa. Other factors to consider is maybe Carolyn’s hypothalamus which controls her eating behavior had contributed to her abnormal eating patterns, in addition to the high levels of dopamine in her brain that may have decreased her desire to eat. Research has shown perhaps there is a relationship between people with eating disorders having a shorter dopamine transporter train versus people who do not. In Carolyn’s case, she may have a shorter dopamine transporter train and because of this she has a less appetizing reaction towards food versus someone who does not have an eating disorder. Lastly, Carolyn’s changing eating patterns may have changed the amount o... .... Lastly, the impact the eating disorder has on the individual, family, and friends are another reason why we should care. Davis 6 One of my best friends struggled with anorexia nervosa and after getting treatment at the Remuda Ranch in Arizona, she was able to recover from her eating disorder and now maintains a healthy weight and lifestyle. In this paper we discussed Carolyn Costin’s struggle with anorexia nervosa from a biopsychosocial perspective and what reinforced her disorder. We then explored Carolyn’s battle with her eating disorder using the DSM-IV-TR criteria and conceptually using the sociocultural dimension. The implications for both Carolyn, her social and cultural context, as well as society at large were discussed. Lastly, we covered the successful treatments of the anorexia nervosa and why should we care about the disorder.

Saturday, January 11, 2020

Lecture Coherence Examples Essay

Examples of paragraphs that shows coherence and unity: Example 1: This is a good example because it responds to the prompt in first person, the details are thoughtful and personal, and it follows the structure I’ve taught you very well. I slightly changed the topic sentence to make it connect better to the supporting sentence. I have also made some grammatical/vocab corrections so that you can focus on content and structure when you read. To get good grades in classes, I need to plan to do three things. First of all, listening carefully to the teacher in class makes me understand the lesson. If I listen carefully to what the teacher says, I can ask questions about things that I don’t understand. I can also do the right homework that the teacher assigned. Second, doing my homework every day makes me review the lesson from class. The homework helps me to practice many things from class. I can also find questions in the homework to ask the teacher that will make my English better. Third, making an effort to study gives me the will to learn. If I don’t make an effort, I will be lazy. The will to learn makes me try to finish the homework furst, and then I will let myself go out with my friends. Finally, I try to make a plan to get a good grade in class, and I will abide by it. Notice: The yellow topic sentence is echoed (but not repeated) in the yellow concluding sentence. The three green sentences introduce an idea (listening) and then gives more information about that idea. The three blue sentences introduce a second idea (homework) and then gives more information about that idea. The three pink sentences introduce a third idea (making the effort to study) and then gives more information about that idea. Notice the use of the transitions â€Å"first of all†, â€Å"second,† â€Å"third†, and â€Å"Finally.† Example 2: This is a good example because even though it responds to the prompt in second person, the details are again very thoughtful, and the paragraph has a strong structure. I have again made some grammatical/vocab corrections so that you can focus on content and structure when you read. There are some useful ways to get the grade you want in this class. Before the class, you must preview the lessons you will listen to tomorrow. Previewing is a perfect learning habit to help you improve your learning efficiency. After previewing, you can know what the teachers will teach the net day. Then you can listen to your teachers with the questions you found the day before. In the class, you have to listen to your teacher carefully. Your teachers are professional and dedicated, and they can solve all of your problems about your studies. Listening carefully can also help you to get more information or details about tests. You can also confirm the knowledge you are not sure about, and it is an important way to improve your grade. Practicing more after class is also an important part. More practice for grammar or writing can help you to memorize. Don’t be show – speak more English, and you will improve your speaking and listening. The more exercises you di, the higher grade you will get. If you want to get the grade you want in this class, do these things before, in, and after classes. Notice: The yellow topic sentence is echoed (but not repeated) in the yellow concluding sentence. The three green sentences introduce an idea (listening) and then gives more information about that idea. The three blue sentences introduce a second idea (homework) and then gives more information about that idea. The three pink sentences introduce a third idea (making the effort to study) and then gives more information about that idea. Notice the use of both time words and placement of time words as well as repeated words for transitions