Monday, January 27, 2020

Elements Of Struggle Between Passion And Reason

Elements Of Struggle Between Passion And Reason In nineteenth century literature a lot of importance was given to passion and emotional appeal in preference to reason and logic. Creative writing and fiction were usually charged with passion and struck a chord with the readers. For any work of fiction or non-fiction the main content needs to have a reasonable plot, theme, structure and organization for it to be of sustained popularity and wide readership. The books included in this study, Cry, the Beloved Country by Alan Paton and Frankenstein by Mary Shelley have elements of both passion and reason even though a clash between these two elements is evident in both stories. Cry, the beloved country, for the unborn child that is the inheritor of our fear. Let him not love the earth too deeply. Let him not laugh too gladly when the water runs through his fingers, nor stand too silent when the setting sun makes red the veld with fire. Let him not be too moved when the birds of his land are singing, nor give too much of his heart to a mountain or a valley. For fear will rob him of all if he gives too much (Paton 101). In the above lines from the story, the writer brings about the struggle between the feelings of ownership and belonging of the protagonist, Stephen Kumalo, and the fear of his beloved country falling apart because of racial discrimination and racial hostilities between the whites and the blacks in South Africa. The other theme of clash is between the route to progress and development for the blacks in urban centers like Johannesburg at the cost of the breaking up of families and tribes in rural South Africa. The dichotomy is between progress and urbanization on the one hand and preserving traditions and strengthening relationships on the other. The main themes are of the clash between the privileged and the colonized, the haves and the have-nots. In Frankenstein, Mary Shelley has drawn the readers attention towards the clash between science and the occult. Victor Frankenstein who creates the monster represents reason and the monster represents passion. Learn from me, if not by my precepts, at least by my example, how dangerous is the acquirement of knowledge and how much happier that man is who believes his native town to be the world, than he who aspires to become greater than his nature will allow (Shelley 50). In the above lines, the author has tried to elaborate on the pitfalls that the mere quest for knowledge devoid of responsibility and control can have on mortal lives. So the struggle in this story is between reason in the form of science and scientific invention against the passion of the monster which is a creation of the scientist. Frankenstein is a story of an irresponsible scientist who in the pursuit of knowledge creates a monster that nobody is able to control and the monster continues to perpetrate atrocities and chaos. It is a lesson for the reader to bear in mind that curiosity and the mission to gain knowledge is good but the seeker of knowledge must also be capable of taking responsibility and have courage to bear negative consequences in case a need arises. There are a couple of common themes in both these novels. The colonizing of black people in South Africa and disbanding families and tribes in order to profit from cheap labor created the monster of racial hooliganism and lawlessness in Johannesburg. The whites created the black labor force but did nothing to ensure that they remain happy and rooted. The abject poverty and dire living conditions of the black workers created the rift between the rich mine and factory owners and the displaced black laborers. Similarly in Frankenstein Victor Frankenstein created the monster but did nothing to provide a sense of belonging and ownership which encouraged the monster to feel disowned and become wild. The themes of colonialism and imperialism are present in both novels. It is the struggle between the white and black, the rich and poor, the rulers and the ruled in Alan Patons story while the theme of the creator and the created permeates Mary Shelleys novel. Isolation and the sense of lack of belonging have created both the monster and Absalom. The monster seeks the love and acknowledgment of his creator while Absalom leaves his village, Ndotsheni, to seek knowledge and employment. So both the monster and Absalom feel isolated from their people and take to ways that harms others more than they can control. Stephen Kumalo is the pastor of a small village in South Africa and lives in his own world, quite disconnected with the times and happenings in urbanized centers like Johannesburg. When he comes to Johannesburg to help rehabilitate his sister, Gertrude, he is brought face to face with the realities of life in South Africa. He realizes that his world was collapsing and that the main tragedy of his people was that things like relationships and innocence were breaking down and no one was doing anything to mend them. He says, It suited the white man to break the tribe, but it has not suited him to build something in its place (Paton 46). Stephen Kumalo is a man obsessed with a singular quest to seek his son and rebuild the community. Similarly, Victor Frankenstein is obsessed with seeking knowledge and acquiring power. He wanted to play God and test his ability to give life to an animal (Shelley 51). The conclusion of both the stories engenders calm and relative hope. In the end Absalom realizes his mistake and is reconciled to his fate and Stephen Kumalo is able to bring his sister and Absaloms pregnant wife back to the village to try and rebuild his tribe with the help of James Jarvis. The monster in Frankenstein grieves over the death of his creator and is reconciled to his self-imposed exile in the North Pole and subsequent death. He realizes that his atrocities in order to seek revenge did not yield the desired results and he continued to be abandoned and isolated. In both stories, there is a sense of catharsis with Absalom writing home to his parents and the monster grieving over his master. Even though both ends are tragic there is a faint ray of hope in both novels.

Sunday, January 19, 2020

Vertical Structure of Japanese Society

It promulgates the values of filial piety and harmonious relationship between the universe and oneself. It became the official gulden philosophy during the Outages period and It helped legitimate the Outages Shogun rule through its concepts of â€Å"a hierarchical society in accord with nature, of benevolent paternalism in government, of an ethical basis for administration, and of a meritorious Harmony was established through reciprocal benevolent ruling and obedience from their subjects.Social stratification of the Samurai, Peasant, Artisan and Merchant was also developed in a animal vein, with merchants seen as the lowest class as they are deemed as parasites under Neo Confucian values. It is not surprising that the IEEE (household/ family) system was also created during this period. The ‘e system placed great emphasis on family tradition and Its continuity, Members of an lee are expected to see themselves as one collective unit and work towards the greater good of the house hold and not for oneself.The head of the household is typically the eldest male heir and wields absolute power and responsibility. The lee system essentially placed emphasis on the parent-child (vertical) relationship over the husband-wife horizontal) relationship. This can be seen in the code of obligations for samurai promulgated In 1684[2]. The hierarchical social structure continues to be rigidly defined in modern Japan, and has brought about many societal norms and practices unique to Japan.The idea of a â€Å"good wife, wise mother†[3] was introduced In the Mel]/ period and continued to define gender roles in Japan until the late 20th century. The men were expected to take up arms for the nation's imperialist ideals and subsequently serve as corporate warriors In the lead up to post World War Two economic miracle. Thus the men devoted his life to work and serving his boss, while the women devoted their life to child rearing and their education, perpetuating the signific ance of vertical relationships In Japan.The Bunyan-kabob-relationship Is a vertical relationship that makes the relationship between an employer and his employee reminiscent of a parent-child relationship. It is a long term and deeply personal relationship that forms the basis of lifetime employment seniority system in Japan. The sample-kohl- relationship is another vertical relationship where seniors who are more experienced re duly respected by juniors who lack the experience and who needs to learn from seniors.

Saturday, January 11, 2020

Monetary Policy and Its Impact on the Recession

Running head: MONETARY POLICY/MACROECONOMIC IMPACT PAPER Monetary Policy/Macroeconomic Impact Paper Heather Robinson University of Phoenix MMPBL 501 04/25/2010 Introduction The Federal Reserve Board (FED) utilizes tools to control or manipulate the money supply, these tools affect macroeconomic factors such as inflation, unemployment and interest rates, which ultimately determine a country’s GDP. To recommend the best monetary policy combination I will discuss the tools used by the feds, explain how money is created and also illustrate the effect of the money supply on the economy. It is the money supply which determines the rate of inflation, unemployment and economic growth. Tools Used by The Federal Reserve To Control Money Supply. The Fed has three main tools for controlling the money supply these are their Open Market Operations, The Discount Rate, and The Reserve Ratio. These tools can be used to alter the reserve ratios of the commercial banks which in turn determine the money supply. â€Å"The money supply consists of currency (Federal Reserve Notes and coins) and checkable deposits. The U. S. Burea of Engraving creates Federal Reserve notes and the U. S. Mint creates the coins. †(McConnell & Brue 2004) â€Å"By purchasing government bonds, (securities) the Fed increases the reserves of the banking system which then increase the lending ability of the commercial bank,†(McConnell & Brue 2004) and the money supply available. Selling bonds will also achieve the opposite results namely reduce the money supply by reducing the reserves of the bank. The central bank desires to be a lender of last resort. When the commercial bank borrows it gives the Fed a promissory note drawn against itself and secured by acceptable collateral. The Fed charges interest on the loans which is called the discount rate. The new reserve obtained by borrowing from the Fed immediately becomes excess reserves as no required reserve needs to be kept for loans received from the Fed. Thus by reducing the discount rate, commercial banks can be encouraged to borrow from the Fed which directly increases their excess reserves and their ability to lend, so the money supply is increased. The opposite can also be done to reduce the money supply. The Fed can also manipulate the reserve ratio as a means of affecting the ability of commercial banks to lend. If the Fed increases the reserve ratio the commercial bank is forced to reduce its checkable deposits in order to increase its reserves to the new minimum requirement. It might also be forced to sell some bonds in order to increase its required reserves, and both scenarios would result in a reduction of the money supply. By lowering the reserve ratio the commercial banks reserve is transformed into excess reserve which increases the banks capability of lending, which increases the money supply. â€Å"Interest rates in general rise and fall with the federal funds rate. The prime interest rate is the benchmark rate that banks use as a reference point for a wide range of interest rates on loans to business and individuals. † (McConnell & Brue 2004) Therefore when the Fed changes the discount rate it also changes the prime interest rate. A lower discount rate is passed on to consumers who then are able to obtain lower interest rates for mortgages and credit cards which increases their disposable income. This higher disposable income then results in more demand for goods and services which causes an increase in the supply of these goods to meet the increasing demand. Also an increase in the money supply and more money to lend by the banks result in more credit for businesses who are then able to purchase more materials to produce more or invest into the expansion of their businesses. The end result is that more goods and services are being produced as a result of the increase in money supply, which is beneficial to the country’s GDP. â€Å"In brief, the impact of changing interest rates is mainly on investment (and, through that, on aggregate demand, output, employment and the price level). Moreover investment spending varies inversely with the interest rate. †(McConnell & Brue 2004) The Creation of Money Money creation occurs in two main ways, the creation of base money, mostly currency notes created by the Federal Reserve. The second process involves checking account or deposit money created by commercial banks, which makes up most of the money supply. Base money is created when the Fed performs open market operations. The Fed injects money when it purchases Government securities, by creating it. Almost all money we come by has its basis in money that the Fed invented Once this money has been created approximately ten times as much can be created by banks in checking accounts and deposits. They accomplish this by granting loans to the public, a corresponding amount of checking account money is created with each new loan. So money is created when the money supply is increased. Using expansionary monetary policy, decreasing the reserve ratio and discount rates, or buying bonds and securities result in money being created. State of the Economy With regards to the U. S. conomy, it has â€Å"contracted further since the beginning of the recession, and the labor market worsened over the first half of 2009†. according to the published monetary policy report to the congress. (MPRC July 2009) Economic activity decreased sharply and strains in financial markets and pressures on financial institutions overall intensified. (MRPC July 2009. ) However the negative activity appears t o be abating, unemployment has continued to increase but at a slower pace, while inflation has been minimal. To date the credit conditions continue to be restrictive and it is still difficult for businesses and households to receive credit. The U. S. real gross domestic product (GDP) was less than the first quarter of 2009, though it seems that the† contraction of overall output looks to have moderated somewhat of late. â€Å"(MPRC July 2009). Consumer spending was increased due to the tax cuts and increases in various benefit payments received as part of a stimulus package, which increased disposable incomes. The housing market has experienced some stabilization in the demand for new houses after three years of persistent declines. Businesses however have continued to decrease their capital spending and liquidating of inventories due to reduced demand and excessive stocks. More recently foreign demand has also dropped for U. S. products which produced a reduction in U. S. exports and the U. S. demand for imports also fell. Concerns of the Federal Reserve and Directions of Recent Monetary Policy The Federal Reserve policy action has focused on facilitating economic recovery and encouraging the flow of credit, which brought the federal funds rate down to a historic low rate of zero to one quarter percent, and also purchased additional agency (MBS) mortgage backed securities. MPRC 2009) â€Å"Overall consumer price inflation which slowed sharply late last year remained subdued in the first half of this year, as the margin of slack in labor and product markets widened considerably further as prices of oil and other commodities retraced only a part of their earlier steep declines. †(MPRC2009)There is no effort to control inflation which seems to be under control so all emphasis is been placed on assisting the economy in recovering from the recession using monetary policies. In addition to reducing the federal funds rate and purchasing securities, the Fed continued to provide funding to financial institutions and markets using a variety of credit and liquidity facilities. Recent monetary policy actions include the decision of the Federal Open market Committee (FOMC), to expand its purchases of agency MBS and agency debt and to commence the purchasing of longer-term treasury securities to assist in improving the conditions in private credit markets. The fed also announced it will expand the eligible collateral under the TALF program, which is the recently launched Term Asset-Backed Securities Loan Facility. In June 2009, at the FOMC meeting, the members of the Board of Governors of the Federal Reserve System and presidents of the Federal Reserve Banks provided projections for economic growth, unemployment and inflation, these projections included the expectation of â€Å"real GDP to bottom out in the second half of this year, and then move onto a path of gradual recovery, bolstered by an accommodative monetary policy, government efforts to stabilize financial markets, and fiscal stimulus. † (MPRC2009) It was also projected that conditions in the labor market would continue to eteriorate, and then improve slowly over the next two years, and inflation would remain subdued in 2010 and 2011. Recommended Monetary policy When trying to recover from a recession and stimulating economic growth it is possible to increase inflation due to the increase in money supply if the expansionary policies are prolonged. There has to be a balance which will reduce unemployment, deter inflation and ye t promote economic growth. Monetary policy has been the best choice to manipulate the money supply as it is flexible, prompt and isolated from political pressure. McConnell & Brue 2004) The Fed can utilize open market operations, discount rate and the reserve ratio to achieve a balance between inflation, economic growth and unemployment. If the expansionary monetary policies result in too much spending and increased inflation, it can be curbed by selling securities, or increasing the discount rate and reserve ratios of the commercial banks. In the University of Phoenix simulation, the scenarios represented opportunities to utilize monetary policies to curb inflation, unemployment and increase GDP. The solution was the effective manipulation of the discount rate, reserve ratio, and open market operations. What was noticeable was that when the money supply increased so did inflation, and the unemployment rate is inversely related to the GDP. When the GDP increased unemployment fell. Conclusion The three tools of monetary policy which include, open market operations, the discount rate and the reserve ratio are quite effective in the application of expansionary or restrictive monetary policies to combat recessions or curb inflation. Whenever the Fed lowers the discount rate or the reserve ratio they increase commercial banks lending which stimulates aggregate demand and investment. The most effective tool seems to be the open market operation which is utilized more frequently, as the Government buys and sells securities often to manipulate the commercial bank’s reserves. Monetary policy is most effective due to speed and flexibility, it is free from political pressure and can be quickly utilized to respond to inflation and unemployment, and to create economic growth. References Bankers Research Institute, The Wizards of Money Part 1: How Money Is created. Retrieved April 26, 2010 from http://www. altruists. org/static/files McConnell, C. & Brue, S. (2004). Economics: Principles, Problems, and Policies, 6th ed. McGraw-Hill Irwin. Monetary Policy Report to the Congress, July 21, 2009. Retrieved April 26, 2010 from http://www. federalreserve. gov/monetarypolicy/mpr_20090721_part1. htm University of Phoenix. (2010). Simulations Monetary Policy [Computer Software]. Retrieved from University of Phoenix, Simulation MMPBL 501 website.

Thursday, January 2, 2020

Should The Death Penalty Be Allowed Essay - 1503 Words

This paper is regarding the issues on the death penalty. The decision regarding either for the death penalty or against it. Should the death penalty be allowed or abolished? What is the death penalty? Death penalty has a couple of names such as capital punishment or execution. However all these terms mean the same which means punishment by death. Crimes that may result in the death penalty are known as capital crimes or capital offenses. The sentence that carries out a punishment in this manner is a death sentence (1). Death penalty strikes many people to have heated debates over issues of gender, race, religion, and methods for execution. Top five states which have the highest number of execution rates since 1976 coming in at the highest is Texas with 524, followed by Oklahoma with 112. The next three states are Virginia, Florida, and Missouri. The bottom five states which have the lowest number of execution rates are Oregon with two and then New Mexico, Colorado, Wyoming, and Conne cticut all have the lowest amount of one (2). There are currently nineteen states that have not put the death penalty in effect. Those nineteen states made the decision to abolish the death penalty (2). In the year 1999 there was ninety-eight executions. The number of executions are at a downfall though. In 2014 there were only thirty-five executions, the lowest number since 1994 (2). There have been many assimilated methods used for executing individuals over the years from lethal injection,Show MoreRelatedThe Death Penalty Should Be Allowed1288 Words   |  6 PagesCenturies ago? it should have been abolished. The death penalty is not effective at all and it does not show who Americans truly are. If the United States does not put a stop to the death penalty then we are just like any other country. 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Professor James1353 Words   |  6 PagesPaula Rodriguez Jimenez Sociology 207 Professor James Clift February 23, 2017 Death Penalty Historically, the death sentence was often handled with torture, and executions, except that it was done in public. In this century, the death penalty, execution or capital punishment, whatever you’d like to refer it as, is the result for committing capital crimes or capital offences and it is not in public. The death penalty has been practiced by most societies in the past, as a punishment for criminalsRead MoreCapital Punishment And The Death Penalty1017 Words   |  5 PagesCapital Punishment Background: Capital punishment, or the death penalty, has existed for thousands of years. For as long as there has been organized society, the death penalty has existed in numerous cultures and civilizations. Throughout the years the methods have changed, but the use of capital punishment is becoming a pressing matter. Amnesty International reports that there are 140 countries worldwide that have abolished the death penalty, while over 50 countries still practice it. Over the pastRead MoreThe Flawed Nature Of Our Justice System Essay1367 Words   |  6 PagesMany Americans believe the death penalty should be allowed in order to deter crime and bring justice. This belief often stems from the violent world they are shown every day in the news. Understandably they hear and see these violent crimes and think that extreme punishments must be given for extreme crimes. Despite this, 37% of Americans oppose the death penalty (Gallop). These people often argue that not only does capital punishment fail to solve the growing crime problem in the U.S., but that