Comparison Between Chinese and American Food Culture

Lee Hiu Man Instructor Wynn ESLG 1001 29 November 2012 Comparison of Chinese and Western Food Culture Food is closely related to people's lives and it is considered the most important element in Chinese culture. Chinese food is famous all over the world too. American Chinese cuisine differs significantly from the traditional Chinese cuisine and even though the variation in taste can be so it is still attractive to many people. When it comes to food, Chinese people always care about the color, taste, smell and shape of Chinese dishes.In 1784, a group of passengers on the ship Empress of China became the first Americans to land in China and they were also the first group of people to eat Chinese food; it was the first time the American palate encountered eastern cuisine(Coe 45). There are many differences in food culture between China and the United States. Strong differences exist regarding cooking methods, ingredients, desserts and cutlery. There are many cooking methods in Chinese f ood and it may be confusing by terms such as saute, marinade, stir-fry and deep-fry especially for someone new to Chinese food (Travel China Guide).Boiling is the most common form of Chinese cooking; Chinese boiling means cooking food in boiling water. It wastes fuel. It does not cook the food any faster and it tends to make the food break up and so spoils the appearance. Frying is divided into deep-frying, slippery-frying, quick-frying, and several types of stir-frying; this method mainly deals with vegetables. One cooking method that American dishes seldom use is steaming. It is a kind of slow process and time consuming.Chinese cooking uses two methods of steaming, which are basic steaming(zheng) and placing one tightly-closed pot inside a larger pot(steaming dun) (Lee 3). The product is usually very soft because the pot is half-immersed in boiling water for two to three hours. One of the famous traditional Chinese foods is Chinese rice dumplings and it is made of glutinous rice s tuffed with different fillings and wrapped in bamboo leaves. On the other hand, the cooking methods in American cuisine were affected by the European countries (Cuban Cuisine, 1).Grilling meats and spit roasting over a pit fire are both common even today. Americans use barbecue smokers to cook chicken, pork and corn. Frying is the most common in Western countries because almost every famous dish is related to frying. Examples include fried chicken, French fries, burgers and fries, etc. Local families in America like to do baking, which is generally applied to breads, lasagna, manicotti, pastries and other sweet confections. There is a big difference between Chinese and American cooking methods. One is mainly concentrated on the color, smell and shape.The other is always speedy, convenient and cheap. Secondly, the ingredients in Chinese and American food are different. Chinese cuisine involves rice, flour, beans, and vegetables. American cuisine is relatively simple and mainly includ es meat, bread and vegetables. For the Chinese one, most dishes include rice, because it is the main crop of many Asian countries and is used in almost every capacity. Not only steamed rice, but rice paper and noodles can be included in a meal. Second, tofu is often used in vegetarian meals, because it is high in protein.It is used heavily in regions with a tradition of Buddhism. Third, sauces are important to flavor rice and stir-fry. Soy sauce, oyster sauce, black bean sauce, and fish sauces are easy to keep on hand (Yang 3). Rice is a major staple food for people from rice farming areas in southern China and Chinese people always use rice to produce by-products like vinegars and wines (Mashpedia, 3). Noodles are important to Chinese people too and they usually come dry or fresh in a variety of sizes, shapes and textures and are often served in soups or fried as toppings.Some varieties such as  Ã¢â‚¬Å"Shou Mian† are literally noodles of longevity, are symbolic of long life and good health according to Chinese tradition. Noodles can be served hot or cold with different toppings and broth. On the other hand, a part of the American food is based on traditional German dishes such as hot dogs and hamburgers (Wynn 3). Pre-packaged American meals tend to be high in carbohydrates, fat, sodium, and various preservatives. However, they also tend to be vitamin fortified.Examples of pre-packed American meals include various  casserole  type dishes such as  Hamburger Helper, as well as bakeable and microwaveable foods such as  Hot Pockets, frozen pizzas, frozen burritos, and various types of  TV dinner  meals (Cuisine of the United States Research Materials, 3). About the desserts in these two countries, Chinese desserts are sweet foods and dishes that are served with  tea, along with meals or at the end of meals in Chinese cuisine. Chinese candies and sweets, called  Ã¢â‚¬Å"tang†Ã‚  are usually made with cane sugar, malt sugar, honey, nuts and fruit.Gao or Guo  are rice based snacks that are typically steamed  and may be made from glutinous or normal rice. Ice cream  is commonly available throughout China. Another cold dessert is called  Ã¢â‚¬Å"baobing†, which is  shaved ice  with sweet syrup. Chinese jellies are known collectively in the language as  ices. Many jelly desserts are traditionally set with agar and are flavored with fruits, though  gelatin  based jellies are also common in contemporary desserts (Zickler 5). Chinese dessert soups typically consist of sweet and usually hot soups  and custards.For the American desserts, there are a wide variety of choices like cakes, cookies, biscuits, gelatins and pastries and most of them are considered as sweet and greasy. Famous ones like apple pies, cupcakes, caramels and chocolate brownies are customary desserts for Americans compared with Chinese as they viewed it as a part of the meal. Lastly, the cutleries that are used in Chinese and Amer ican food are different also. Chinese people use chopsticks to eat food. Americans use knives and forks to do dining.Chopsticks convey the concept of harmony in Chinese culture (The Cross-Cultural Rhetoric Blog). In ancient  written Chinese, the character for chopsticks was ?. Although ? may have been widely used in ancient spoken Chinese, its use was eventually replaced by the pronunciation for the character ? ; meaning â€Å"quick†. The original character, though still commonly used in writing, is rarely used in modern spoken Chinese languages, which maintains the old usage. Knives and forks are kind of promoting the independence, freedom and violence.Due to its role as humankind's first tool, certain cultures have attached spiritual and religious significance to the knife. It has impact of the concept of people's lives; knife and fork will necessarily bring about eating apart and chopsticks share dinner with the family members gather around a table. The major items of cu tlery in the  Western world  are the  knife,  fork  and  spoon. In recent times, utensils have been made combining the functionality of pairs of cutlery, including the  spork  (spoon / fork),  spife  (spoon / knife), and  knork  (knife / fork) or the  sporf  which is all three (Attards, 2).Actually, chopsticks are commonly used in Chinese, Japanese and Korean dishes but it is generally believed to have originated in ancient China. To conclude, there are a number of differences between Chinese and American food culture and they are a part of human civilization. It is great for everyone to know the food that people would like to eat, cooking method and also ingredients between two countries. Even if there are some differences between Chinese food and Western-style food, they can still get along harmoniously. For example Chinese food of U. S. A. s suitable for Americans’ taste, because through Americans’ improvement; similarly, the Western-styl e food of China is more suitable for Chinese’ taste, because through the Chinese’ improvement. There is a folk adage in China â€Å"If want to conquer your heart, I will conquer your stomach first†. It can clearly show the importance of food in Chinese culture. Works Cited Helen Wang. Cooking Methods in Chinese Cuisine. †Ã‚  Chinese Cooking Tips. Chinese Food DIY Fall 2009. Web. Nov. 17 2012 Giblin, James Cross. From hand to mouth: How we invented knives, forks, spoons and chopsticks, & the manners to go with them.New York: Crowell, 1987. Print Knoblauch, Mark. Chop Suey: A Cultural History Of Chinese Food In The United States. Booklist 106. 1 22, 2009. Print Lv, Nan, and J Lynne Brown. Chinese American Family Food Systems: Impact Of Western Influences. Journal Of Nutrition Education And Behavior 42. 2 106-114, 2010. Print Richard Pillsbury. No Foreign Food: The American Diet in Time and Place, Westview Press, 1998. Print Peter Zickler. Askives. â€Å"Wha t is common Chinese desserts† Web, Nov. 16, 2012

Barbara Ehrenreich’s Nickel Essay

The Nobel Prize winner Milton Friedman was praised by The Economist (2006) as â€Å"the most influential economist of the second half of the 20th century†¦possibly of all of it†. In 1970, he published an essay on the social responsibility of business in the New York Times Magazine. In his article, he explains in complex detail about the notion of â€Å"social responsibility† of businessmen within a corporate environment and their goal to increase profits. Indeed, at first glance, this quote seems to capture the mentality of many of the actors in the financial sector in our era. Banks and financial institutions are accused of acting unethically and only in their self-interest to increase profits along with brokers and investment bankers who are accused of primarily aiming high incentives and bonuses by selling unconscionably high-default assets. Scholars argued that corporate governance failings and lack of ethical behaviour were significant causes of the financial crisis of autumn 2008 (Skypala, 2008). This essay discusses the question whether the above statement made by famous economist Milton Friedman is still relevant in the context of business today and to what extent it is relating to the financial sector and in particular to the financial crisis of autumn 2008. In order to address this problem, it is important to discuss the fundamental view behind Friedman’s idea since it needs to be fully understood and interpreted. He stated that the social responsibility of business was to maximize profits and to create value for stockholders within the bounds of the law. Furthermore, he thought that using corporate resources for purely altruistic purposes would be socialism. Moreover, corporations had no social responsibility other than to spend its resources to increase the profits of its investors since only investors as individuals could decide to engage in social contributions. Thus, he believed that the corporate executives, who were appointed by investors to make profits on investments, could not engage in social contributions using the corporate money. As a result, they could only do so as a private individual on their own behalf. Friedman devoted â€Å"social responsibility† to violating the interest of the manager’s employers. In other words, if managers invest in â€Å"social responsible† projects, they will harm the business since these investments will result in inefficiency and lost production leading to a reduction in shareholder’s wealth. His idea and the logic behind it have proven unconvincing to many scholars (Mulligan, 1986; Feldman, 2007; Wilcke, 2004). Indeed, several arguments can be shown which offset his idea. Firstly, his theory does not allow for the possibility that profits and social responsibility can ever exist together. It is necessary to consider the constraint noted by Jensen (2002) who indicated that it is â€Å"logically impossible to maximize in more than one dimension at the same time unless the dimensions are monotone transformations of one another†. This constraint implies that profits and social performance cannot be maximized simultaneously. That is why there is a trade-off between profits and social performance. Still, it does not mean that profit maximization and social performance cannot be congruent. In reality, there are many examples which show that both can coexist. Several reasons are to be mentioned here. Nowadays, banks and financial institutions are more aware of their role towards the society since they realize that they are an integral part of it. Furthermore, they notice that they can contribute positively to the environment and society with a positive effect on their reputation, creating a higher firm value. Furthermore, since numerous scandals of firms violating morality and ethics in the late 1990s and early 2000s (e. g. WorldCom and Enron) the significance of Corporate Social Responsibility (CSR) is increasing tremendously and included in the business culture of most of the financial institutions today. The concept of CSR means that â€Å"corporations have ethical and moral responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law† (Munstermann, 2007). So, almost every large corporation is increasingly investing to improve its performance on sustainability assets. Banks and financial institutions know that society is always enlightened when it sees that a firm is engaged in charity and donating projects. While it is true that engagement in â€Å"social responsible† projects, for example donating for orphans of the developing countries means explicitly higher expenses and hence, reducing the profit, it has a long term profit as well. Engagement in donating projects has a positive effect on the reputation of firms, thus, affecting positively the consumer behavior of customers who will buy more products of firm, thus creating profit. Friedman also never considers the very real possibility that companies engaging in â€Å"social responsible† projects gain the support from the community and polity that might, otherwise, eventually turn against them. Nowadays, almost all companies working in the financial sector are in some kind of way socially engaged. Looking at websites of famous big banks like Deutsche Bank, JP Morgan, Goldman Sachs or Morgan Stanley, one can find headings of Corporate Social Responsibility throughout the pages. Deutsche Bank has its own report on CSR for each year which reports engagement in AIDS projects in South Africa and support of education for children in India. JP Morgan reported an annual donation amount of $110 million for organization in 33 different countries and Goldman Sachs is actively involved in environmental projects. This shows that almost 4 decades after the famous essay of Friedman, companies do not follow his sole idea anymore but are – or are forced to – act socially responsible. On the other hand, a business should try to make profit since it is inherent in its nature and by definition (except for non-profit organization). According to the Business Dictionary, a business is an â€Å"economic system in which goods and services are exchanged for one another or money. Every business requires some form of investment and a sufficient number of customers to whom its output can be sold at profit on a consistent basis. † If a company does not make profit on a consistent and long-term basis, it will face financial distress and bankruptcy. Then, employees and workers will become unemployed which will affect the society negatively. For example, all the employees of banks going bankrupt in the financial crisis like Freddy Mac and Fanny Mae and Lehman Brothers were facing hardship. Hence, it is true that businesses are to a certain extent socially responsible to make profit in order to ensure job security and to create more jobs. This helps the society and improves the economy of the society. But Friedman does not consider the fact that if companies’ sole interest would be profit making, they can harm people and the surrounding environment. What if firms poison the water by disposing chemicals in rivers and sea – disposing toxic that leads to illnesses and death of animals and human beings? Friedman also fails to argue whether profit-generating actions like selling nuclear bombs to terror organizations, or knowingly manufacturing and selling defective, health-threatening products count as social responsibility as long as the company makes profit. Evidently, in the financial sector there are not activities such as producing bombs or life-threatening drugs. Even though this sector cannot produce life-threatening products, it can create a value chain of unethical and careless activities that can damage the whole world as well. One example is the Asian financial crisis in 1997 where moral hazards were mentioned as a major cause. Moral hazards are â€Å"negligent and fraudulent insureds† (Baker, 2000). It also refers to situation that tempted otherwise good people. The problem with moral hazards in the Asian financial crisis was that Asian banks thought that they would receive implicit guarantees that they would be bailed out if they encountered financial distress. Hence, these banks and companies were much more speculative in their investments and kept investing increasingly. If the investments fail, they will not have to bear the cost since it will be picked up by the government. They were playing with people’s money and did not act in the social interest of their customers. Instead, they were only focussing on making as much profit as possible. The result is known to everybody: In 1997 the nations of East Asia experienced the worst economic crisis they have never seen before. Obviously, the latest and most discussed topic on morality in the two recent years has been the culpability of shareholders and banks along with board directors for failings that led to the financial crisis of 2008. On the one hand, the crisis can be blamed on mortgage brokers, investment bankers and banks’ executives. Skewed incentives and greed contributed too much of the crisis. For example, mortgage brokers generate sub-prime mortgages but were paid regardless of the outcome. That is why they were selling unscrupulously assets with high default risk to clueless customers in order to receive high commissions. Not to mention â€Å"Wall Street Executives† who were focusing solely on how to increase their bonuses and remuneration packages. Also, Banks who took on these mortgages were accused of shoddy risk management and unethical behaviour, since they knew from the beginning that these subprime mortgages would eventually be securitized and removed from the bank’s balance sheet. Again, the originating banks got paid up front for processing the mortgages without having to retain part of the risk. Another factor is the misleading ratings of financial instruments credit agencies that were by far from independent. Arrangers of the secured assets were allowed to manipulate the creation of secured assets by mixing good assets with high risk assets to the point of getting a triple A-rating. If they did not get this rating, the assets were withdrawn, reconfigured and resubmitted. Since agencies are owned by banks, they were subjected to give best ratings to these dangerous assets and mortgage brokers knowing the risky idea behind those assets sold them to unsuspecting investors. According to Friedman, every party involved in the actions mentioned above showed â€Å"social responsibility† since they did not care about their social responsibility to the world but only about maximizing their profits. Evidently, the aftermath of the American financial crisis has shown that the social responsibility of business is definitely not only to increase their profits. If banks, brokers and lenders, accountants, the government and important financial organization did not incorrectly assessed or even ignored the magnitude of the risks mentioned above, if managers and investment bankers were not greedy and showed herd investment behavior, it can be argued that the crisis could have been prevented. But the various parties acted immorally and socially irresponsible not caring about the social consequences of their actions. Consequently, the Asian crisis of 1997 and the global financial crisis of 2008 are two memorable examples that offset Friedman’s idea. In conclusion, this paper has shown that Friedman’s request of being socially responsible by focusing solely on increasing profits is nowadays theoretically not accepted by banks and financial institutions. In contrast, in the 21st century social responsible corresponds to the alignment of business operations with social and ethical values. It is seen as the key to beat the competitor and to ensure sustainable growth. But the latest financial crisis has shown that even though CSR is part of the business culture of the large corporations, the key players in the large corporations do not practice social responsibility in a proper manner. It seems that CSR and corporate governance are a compilation of words and rules that adds only little value to the everyday businesses. Money has made everybody blind. Everybody wanted to have a piece of the big cake leading them to lower their inhibition threshold. The â€Å"social responsibility† of businesses should not be increasing profit but focusing on what it really means in practice to encourage stewardship. As a matter of fact, banks and financial institutions first need to show social and ethical manner in order to prevent another disaster like the financial crisis of 2008. All in all, businesses need to focus on environmental and social issues in the arena of corporate responsibility since the society expects and demands responsibility of organizations. In fact, the law expects it as well. Banks and financial institutions are challenged after the aftermath of the financial crisis – they have to find a way how to act in the best interest of stakeholders, society, the government and the environment, still being able to make sustainable profit. It is now a request from the society. ? References Baker, T. (2000). Insuring Morality. Business Dictionary. Definition of business. Homepage: http://www. businessdictionary. com/definition/business. html [1. 2. 2010]. Feldman, G. (2007). Putting Uncle Milton Friedman To Bed: Reexamining Milton Friedman’s Essay on the Social Responsibility of Business. Labor Studies Journal (32), 125-141. Jensen, M. C. (2002). Value maximization, stakeholder theory, and the corporate objective function. Business Ethics Quarterly, 2002 (12), 404-437. Milton Friedman, a giant among economist. The Economist. Verfugbar unter: http://www. economist. com/business/displaystory. cfm? story_id=8313925 [28. 1. 2010]. Mulligan, T. (1986). A Critique of Milton Friedman’s Essay â€Å"The Social Responsibility of Business Is to Increase Its Profits†. Journal of Business Ethics (5), 265-269. Munstermann, T. (2007). Corporate Social Responsibility: Gabler. Skypala, P. (2008, 17. November). Time to reward good corporate governance. Financial Times, S. 6. [28. 1. 2010]. Wilcke, R. W. (2004). An Appropriate Ethical Model for Business and a Critique of Milton Friedman’s Thesis. The Independent Review (2), 187-209. The Nobel Prize winner Milton Friedman was praised by The Economist (2006) as â€Å"the most influential economist of the second half of the 20th century†¦possibly of all of it†. In 1970, he published an essay on the social responsibility of business in the New York Times Magazine. In his article, he explains in complex detail about the notion of â€Å"social responsibility† of businessmen within a corporate environment and their goal to increase profits. Indeed, at first glance, this quote seems to capture the mentality of many of the actors in the financial sector in our era. Banks and financial institutions are accused of acting unethically and only in their self-interest to increase profits along with brokers and investment bankers who are accused of primarily aiming high incentives and bonuses by selling unconscionably high-default assets. Scholars argued that corporate governance failings and lack of ethical behaviour were significant causes of the financial crisis of autumn 2008 (Skypala, 2008). This essay discusses the question whether the above statement made by famous economist Milton Friedman is still relevant in the context of business today and to what extent it is relating to the financial sector and in particular to the financial crisis of autumn 2008. In order to address this problem, it is important to discuss the fundamental view behind Friedman’s idea since it needs to be fully understood and interpreted. He stated that the social responsibility of business was to maximize profits and to create value for stockholders within the bounds of the law. Furthermore, he thought that using corporate resources for purely altruistic purposes would be socialism. Moreover, corporations had no social responsibility other than to spend its resources to increase the profits of its investors since only investors as individuals could decide to engage in social contributions. Thus, he believed that the corporate executives, who were appointed by investors to make profits on investments, could not engage in social contributions using the corporate money. As a result, they could only do so as a private individual on their own behalf. Friedman devoted â€Å"social responsibility† to violating the interest of the manager’s employers. In other words, if managers invest in â€Å"social responsible† projects, they will harm the business since these investments will result in inefficiency and lost production leading to a reduction in shareholder’s wealth. His idea and the logic behind it have proven unconvincing to many scholars (Mulligan, 1986; Feldman, 2007; Wilcke, 2004). Indeed, several arguments can be shown which offset his idea. Firstly, his theory does not allow for the possibility that profits and social responsibility can ever exist together. It is necessary to consider the constraint noted by Jensen (2002) who indicated that it is â€Å"logically impossible to maximize in more than one dimension at the same time unless the dimensions are monotone transformations of one another†. This constraint implies that profits and social performance cannot be maximized simultaneously. That is why there is a trade-off between profits and social performance. Still, it does not mean that profit maximization and social performance cannot be congruent. In reality, there are many examples which show that both can coexist. Several reasons are to be mentioned here. Nowadays, banks and financial institutions are more aware of their role towards the society since they realize that they are an integral part of it. Furthermore, they notice that they can contribute positively to the environment and society with a positive effect on their reputation, creating a higher firm value. Furthermore, since numerous scandals of firms violating morality and ethics in the late 1990s and early 2000s (e. g. WorldCom and Enron) the significance of Corporate Social Responsibility (CSR) is increasing tremendously and included in the business culture of most of the financial institutions today. The concept of CSR means that â€Å"corporations have ethical and moral responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law† (Munstermann, 2007). So, almost every large corporation is increasingly investing to improve its performance on sustainability assets. Banks and financial institutions know that society is always enlightened when it sees that a firm is engaged in charity and donating projects. While it is true that engagement in â€Å"social responsible† projects, for example donating for orphans of the developing countries means explicitly higher expenses and hence, reducing the profit, it has a long term profit as well. Engagement in donating projects has a positive effect on the reputation of firms, thus, affecting positively the consumer behavior of customers who will buy more products of firm, thus creating profit. Friedman also never considers the very real possibility that companies engaging in â€Å"social responsible† projects gain the support from the community and polity that might, otherwise, eventually turn against them. Nowadays, almost all companies working in the financial sector are in some kind of way socially engaged. Looking at websites of famous big banks like Deutsche Bank, JP Morgan, Goldman Sachs or Morgan Stanley, one can find headings of Corporate Social Responsibility throughout the pages. Deutsche Bank has its own report on CSR for each year which reports engagement in AIDS projects in South Africa and support of education for children in India. JP Morgan reported an annual donation amount of $110 million for organization in 33 different countries and Goldman Sachs is actively involved in environmental projects. This shows that almost 4 decades after the famous essay of Friedman, companies do not follow his sole idea anymore but are – or are forced to – act socially responsible. On the other hand, a business should try to make profit since it is inherent in its nature and by definition (except for non-profit organization). According to the Business Dictionary, a business is an â€Å"economic system in which goods and services are exchanged for one another or money. Every business requires some form of investment and a sufficient number of customers to whom its output can be sold at profit on a consistent basis. † If a company does not make profit on a consistent and long-term basis, it will face financial distress and bankruptcy. Then, employees and workers will become unemployed which will affect the society negatively. For example, all the employees of banks going bankrupt in the financial crisis like Freddy Mac and Fanny Mae and Lehman Brothers were facing hardship. Hence, it is true that businesses are to a certain extent socially responsible to make profit in order to ensure job security and to create more jobs. This helps the society and improves the economy of the society. But Friedman does not consider the fact that if companies’ sole interest would be profit making, they can harm people and the surrounding environment. What if firms poison the water by disposing chemicals in rivers and sea – disposing toxic that leads to illnesses and death of animals and human beings? Friedman also fails to argue whether profit-generating actions like selling nuclear bombs to terror organizations, or knowingly manufacturing and selling defective, health-threatening products count as social responsibility as long as the company makes profit. Evidently, in the financial sector there are not activities such as producing bombs or life-threatening drugs. Even though this sector cannot produce life-threatening products, it can create a value chain of unethical and careless activities that can damage the whole world as well. One example is the Asian financial crisis in 1997 where moral hazards were mentioned as a major cause. Moral hazards are â€Å"negligent and fraudulent insureds† (Baker, 2000). It also refers to situation that tempted otherwise good people. The problem with moral hazards in the Asian financial crisis was that Asian banks thought that they would receive implicit guarantees that they would be bailed out if they encountered financial distress. Hence, these banks and companies were much more speculative in their investments and kept investing increasingly. If the investments fail, they will not have to bear the cost since it will be picked up by the government. They were playing with people’s money and did not act in the social interest of their customers. Instead, they were only focussing on making as much profit as possible. The result is known to everybody: In 1997 the nations of East Asia experienced the worst economic crisis they have never seen before. Obviously, the latest and most discussed topic on morality in the two recent years has been the culpability of shareholders and banks along with board directors for failings that led to the financial crisis of 2008. On the one hand, the crisis can be blamed on mortgage brokers, investment bankers and banks’ executives. Skewed incentives and greed contributed too much of the crisis. For example, mortgage brokers generate sub-prime mortgages but were paid regardless of the outcome. That is why they were selling unscrupulously assets with high default risk to clueless customers in order to receive high commissions. Not to mention â€Å"Wall Street Executives† who were focusing solely on how to increase their bonuses and remuneration packages. Also, Banks who took on these mortgages were accused of shoddy risk management and unethical behaviour, since they knew from the beginning that these subprime mortgages would eventually be securitized and removed from the bank’s balance sheet. Again, the originating banks got paid up front for processing the mortgages without having to retain part of the risk. Another factor is the misleading ratings of financial instruments credit agencies that were by far from independent. Arrangers of the secured assets were allowed to manipulate the creation of secured assets by mixing good assets with high risk assets to the point of getting a triple A-rating. If they did not get this rating, the assets were withdrawn, reconfigured and resubmitted. Since agencies are owned by banks, they were subjected to give best ratings to these dangerous assets and mortgage brokers knowing the risky idea behind those assets sold them to unsuspecting investors. According to Friedman, every party involved in the actions mentioned above showed â€Å"social responsibility† since they did not care about their social responsibility to the world but only about maximizing their profits. Evidently, the aftermath of the American financial crisis has shown that the social responsibility of business is definitely not only to increase their profits. If banks, brokers and lenders, accountants, the government and important financial organization did not incorrectly assessed or even ignored the magnitude of the risks mentioned above, if managers and investment bankers were not greedy and showed herd investment behavior, it can be argued that the crisis could have been prevented. But the various parties acted immorally and socially irresponsible not caring about the social consequences of their actions. Consequently, the Asian crisis of 1997 and the global financial crisis of 2008 are two memorable examples that offset Friedman’s idea. In conclusion, this paper has shown that Friedman’s request of being socially responsible by focusing solely on increasing profits is nowadays theoretically not accepted by banks and financial institutions. In contrast, in the 21st century social responsible corresponds to the alignment of business operations with social and ethical values. It is seen as the key to beat the competitor and to ensure sustainable growth. But the latest financial crisis has shown that even though CSR is part of the business culture of the large corporations, the key players in the large corporations do not practice social responsibility in a proper manner. It seems that CSR and corporate governance are a compilation of words and rules that adds only little value to the everyday businesses. Money has made everybody blind. Everybody wanted to have a piece of the big cake leading them to lower their inhibition threshold. The â€Å"social responsibility† of businesses should not be increasing profit but focusing on what it really means in practice to encourage stewardship. As a matter of fact, banks and financial institutions first need to show social and ethical manner in order to prevent another disaster like the financial crisis of 2008. All in all, businesses need to focus on environmental and social issues in the arena of corporate responsibility since the society expects and demands responsibility of organizations. In fact, the law expects it as well. Banks and financial institutions are challenged after the aftermath of the financial crisis – they have to find a way how to act in the best interest of stakeholders, society, the government and the environment, still being able to make sustainable profit. It is now a request from the society. ? References Baker, T. (2000). Insuring Morality.Business Dictionary. Definition of business. Homepage: http://www. businessdictionary. com/definition/business. html [1. 2. 2010]. Feldman, G. (2007). Putting Uncle Milton Friedman To Bed: Reexamining Milton Friedman’s Essay on the Social Responsibility of Business. Labor Studies Journal (32), 125-141. Jensen, M. C. (2002). Value maximization, stakeholder theory, and the corporate objective function. Business Ethics Quarterly, 2002 (12), 404-437. Milton Friedman, a giant among economist. The Economist. Verfugbar unter: http://www. economist. com/business/displaystory. cfm? story_id=8313925 [28. 1. 2010]. Mulligan, T. (1986). A Critique of Milton Friedman’s Essay â€Å"The Social Responsibility of Business Is to Increase Its Profits†. Journal of Business Ethics (5), 265-269. Munstermann, T. (2007). Corporate Social Responsibility: Gabler. Skypala, P. (2008, 17. November). Time to reward good corporate governance. Financial Times, S. 6. [28. 1. 2010]. Wilcke, R. W. (2004). An Appropriate Ethical Model for Business and a Critique of Milton Friedman’s Thesis. The Independent Review (2), 187-209.

Communities & Ecosystems Food Web Poster Assignment

Communities & Ecosystems Food Web Poster - Assignment Example While saprotrophs helps in speeding up decomposition of matter, they act like detritivores but decomposition of matter by saprotrophs happens externally as opposed to detritivores that consume dead organism (Begon et al 326). Food web describes a collection of food chains. Food web shows different organism depending on more than one organism. This because some organisms such as owl as shown above on food web do not rely on one source of food like grasshoppers that only eats grass. Tropical levels are different levels in the food chain where organisms are categorized into either producers or consumers. This level depicts the transfer of energy from one level to another level. There are different levels in a food chain. For example, in a food chain above, first level comprises of producers, second level are herbivorous that feeds on plants. The next level is carnivorous which depends on herbivorous. Highest level is carnivorous that eats other small carnivorous owl is an example (Rastogi and Kishore 72). The first energy comes from the sun where it is used by plants to make food hence generating energy. The nutrient made from a plant through photosynthesis keeps plants alive. Energy is transferred to herbivorous as the first consumers of plants. The transfer of energy goes on up to the last of tertiary consumers. All energy from the sun is not used by the plant. When herbivorous consume plant to gain energy not all the plant nutrients are used to create energy, some are lost through passing out of feces. Herbivorous uses the energy gained from food consumption, but some energy is lost through respiration and heat loss (Rastogi and Kishore 75). The shape of pyramid varies as it rises to the top based on the fact that energy is lost from one level to another as stated above. From the food web above, not all grass is eaten by grasshopper to gain all energy transferred from the sun through photosynthesis. Energy

What are the pros and cons of Genetically Modified Organisms Research Paper

What are the pros and cons of Genetically Modified Organisms - Research Paper Example Genetically modified organism has many advantages and disadvantages those scientists and nations are contemplating on the use on human food. Genetically modified organism has been greatly tested by a scientist who has found their effects to be safe to humans. The studies indicate the organisms are safe for consumption. Many countries that are experiencing food shortage have been encouraged to grow and develop genetically modified foods which mature faster to meet their needs (Sonal 76). Genetically modified organism help increase food supply. These organisms grow very fast than the normal organisms hence is a solution to the increasing population and demand for more food. The fast growing will also increase the income for the farmers since they will get their produce within a short period. Genetically modified organisms create plants that are better resistant to pests, weeds, and other diseases. This will help to reduce the budget used in farming (Braman 42). The farmers will also not be exposed to harmful pesticides and soil will remain natural and fertile for longer. Genetically modified organism also creates efficient use of land and fewer uses of herbicides and pesticides. Genetically modified crops grow very big and occupy its space in the farm. Fewer pesticides and herbicides are used because all the crops get just what it requires. It eventually helps the soil retain its fertility unlike the soils exposed to pollution of the herbicides. Genetically modified organisms create food with better texture, flavor, and nutritional value. The food will help adding the nutritional value since most genetically modified foods have a high value of protein in them (Duvauchalle 213). The consumers will not need to add a supplement of proteins in their meals. Genetically modified organisms create food with longer shelf life. This means the foods will stay fresh for longer before they can expire. The food can be transported to further destinations and are able to

Video games conquering new markets Essay Example | Topics and Well Written Essays - 2250 words

Video games conquering new markets - Essay Example The first primitive computer and video games were developed in the 1950s and 60's and ran on platforms such as oscilloscopes, university mainframes and EDSAC computers. The earliest computer game was created in 1947 by Thomas T. Goldsmith Jr. and Estle Ray Mann. (http://en.wikipedia.org/wiki/Computer_and_video_games) Other than conventional media sector, the digital technologies have given new spurt to a most exciting entertainment industry- video gaming industry. There is lot of reasons which helped the video gaming industry. The fast growth of technology, globalization and liberalization of market, increasing level of stress in life and working conditions, self imposed house arrest life style, weakening social relations, increasing individuality and privacy consciousness are all helped the emergence of gaming industry in the world. People, especially children have been looking of new means spend their leisure time. Technology has offered them lot of comfort in their homes. At the same time, gaming provides more possibilities to enjoy the pace of the moving world. They have been longing for a long time a channel to link their imaginations, dreams, passions and story tales with reality. The emergence of video gaming offered them an opportunity to realise this dream with technological support. Als o emergence of other digital enterprises such as broadband, telecommunication, internet and cables has also worked as a catalyst for the gaming industry. With markets grown beyond nationalities, gaming has also got a global look. The gaming industry is now looking forward lot of market potential in emerging economies such as India, China and Brazil. The emergence of internet and networking into a global platform offers considerable prospect for gaming industry....There has been demands for censorship in video games. Video and computer games are periodically criticized in the media by some parents' groups, psychologists, religious organizations, and politicians for the level of violence, cruelty, and crime that some games allow players to act out, and often glorify. Examples are common, including Mortal Kombat and its sequels, a series of fighting games by Midway. Since 1992 the series has rewarded players for beating up an opponent with martial arts moves, and then for executing a graphic "Fatality" move. Considering the fears of these groups video game industry have started voluntary rating systems, such as the ESRB rating system in the United States and the PEGI rating system in Europe, that are aimed at educating parents about the types of games their children are playing, or wish to play. Some games such as the Grand Theft Auto series are rated as "Mature" or "Adults Only" in the US, or given a "Certificate 18" rating in the UK. There would be notes in the packaging that these games should not be sold to children. If a parent or legal guardian buys a mature game for a child and the parent/legal guardian gives permission to a child to play said mature game, it is by the parents' choice and is not considered an offence.

Road to Perdition Movie Review Example | Topics and Well Written Essays - 1250 words

Road to Perdition - Movie Review Example The movie is based on a graphic novel of the same title by Max Allan Collins. Depression-era Chicago serves as the perfect period in which to set the story of Road to Perdition. The stark grittiness of the early 30's best illustrates and complements the troubled nature of Road to Perdition's story. It provides a backdrop where gangsters rule and where death is an everyday business. The story is set in 1931, which is considered an in-between era since it is a different world from three years before and three years after. Albert Wolsky, costume designer for the film even found it hard to find existing clothes to match the era Michael Sullivan lived in since the 1930's is sandwiched between the flamboyance of the 20's and the fashionable gangsterism of the mid 30's. The early 30's was a time of austerity and depression, and the spirit of this era snugly fits the film's premise. The film, through an excellent use of the era, imposes a heavy, dark cloud of depression on its viewers which only briefly diffuses during the scenes between Sullivans Sr. and Jr. near the end of the movie. Technically and aesthetically, Road to Perdition excels. The film is a wonderful tour de force of some of the most notable figures in directing, acting, scoring, and cinematography. Sam Mendes (American Beauty), in his interpretation of the film, added to the depth of the conflict by using ingenious presentation methods. For example, to emphasize the gap between Michael Sullivan's Jr. and Sr., he employed a method that had both characters talk through obstacles like mirrors and doorposts. This had the effect of alienating both characters from each other since they had to communicate with each other indirectly. Later on in the film, Mendes uses close crops of both characters to symbolize a new found openness towards each other. The way Mendes presents each scene is subtle yet meaningful - a truly subconscious treat. Unfortunately, this may have backfired on many of the viewers, as there has been the comment that the movie left many of the viewers alienated and cold too. It may be that Mendes' plan worked a little too well. The story of Michael Sullivan and his son takes place mainly during winter. The eerie frozen landscape has a telling effect on the movie's plot. Mendes says the snow "symbolizes a frozen world... frozen in the emotional sense. It's a paralyzed family until the father and oldest son are thrown together by tragedy, and they begin to have the relationship they never had before. So out of the bad comes good, and everything that was intended to be set in ice at the beginning begins to thaw."(qtd. in "Road to Perdition Synopsis") The first thing to catch one's attention upon watching this film is the gorgeous cinematography by Conrad Hall. Hall is a master of mood and lighting, and it shows in his work on Road to Perdition. He makes good use of snow and the broke-down alleyways to convey a sense of despair in the film. The viewer gets the impression that beneath the paleness of the snow lies tension that has to be let loose. The film also uses washed out colors to give an aged look. This, in a way, authenticates the period which the film is based on. In one scene, Hall makes clever use of light shining through rained-upon windows to give the impression that the room is weeping. It would be observed that he does not use sweeping views of the backdrop. Instead, he uses pensive shots that are starkly beautiful. The screenplay by David

Differentiated Instruction in Elementary Math Research Paper

Differentiated Instruction in Elementary Math - Research Paper Example This leaves the teacher with a need to fulfill their educational requirements while tackling a disability or learning capability issue within the classroom. It is here that I will cover what research has proven to be effective, some examples that I have ascertained and how I can implement them in my own classroom setting. There are multiple researches that have been done in regard to differentiated instruction, but I will only be focusing on the examples of what has been shown to be effective and what appeals to me within this research. Keywords Differentiated instruction, interdisciplinary teaching, integrated learning, thematic learning, Universal Design for Learning, Multiple Intelligence Theory, IQ test. Differentiated Instruction Currently, there are more than 4 million students that lack grade-level proficiency in reading and mathematics. One reason for this is their need for individualized instruction, supplementation and modifications to ensure proper cognitive access within the general education curriculum. This need is rarely met, as teachers do not have the training that they need to ensure these lower functioning students are able to benefit from the instruction provided. Part of this issue is that students are coming from increasingly diverse backgrounds, in which the expectations of their parents and the normalcy within the community are at odds with the current schooling methods (Lapkoff &Li, 2007). These current schooling methods are ineffective to a large number of students, because of their diversity, ethnically, culturally and cognitively. These are the students that fall through the cracks, due to the standard approach to education. This, in turn, causes higher rates of drop outs, poorer performance on standardized testing and lower graduation rates. (Lipsky, 2005). The solution is differentiated instruction. According to Tomlinson (2004) differentiated instrcution is â€Å"ensuring what a student learns, how he/she learns it, and how the s tudent demonstrates what he/she has learned is a match for that student’s readiness level, interests and preferred mode of learning.† Literature Review This is particularly important in regards to students with cognitive disabilities. An educator that provides their students with a reduced emphasis on whole-class instruction and an increase in the use of peer-assisted learning, has been shown to heighten students learning abilities, whether considered gifted or not. There have been many studies that also verify the fact that differentiated instruction works much more efficiently than other forms of instruction, but show the reasons why this is not implemented in many schools. They are simply the demands of the teachers themselves to follow a set curriculum and learning sets within a given period of time, leaving many students behind. This has given birth to a creative solution called REACH (Rock, et al., 2008). This type of interdisciplinary teaching is used to highligh t the steps necessary for implementation of differentiated instruction. The acronym stands for: Reflect on will and skill; Evaluate the curriculum; Analyze the learners; Craft research-based lessons; and Hone in on the data. It is imperative that the educator take these steps to seriously

West and the world Essay Example | Topics and Well Written Essays - 500 words

West and the world - Essay Example The occupation of the Americas was fundamental for the development of the various European countries. As such, they employed specific strategies in their attempts to carve out huge empires in the regions. Among the strategies they used was the divide and rule, a technique the European employed thereby setting the indigenous people against each other thereby making them weak thus easy to rule. Furthermore, the European enjoyed economic and military might thereby quelling any form of opposition from the indigenous people. Using the above techniques, the Europeans readily occupied the most arable lands in the various countries thereby enhancing their economic growth. Â   The Europeans encountered numerous people including the indigenous people in the areas they occupied. The red Indians in North and Central America and the Latinos were among the groups of indigenous people the Europeans encountered in the quest to colonize the Americas. The indigenous people were few and lived in scattered structured. This made them vulnerable and exposed thereby making it easy for the Europeans to occupy. The outcomes of the encounters were bloody as the European often used force in their attempt to occupy the areas. Â   Making of the three empires above remain vital in the development of the world. The structures of the early empires influence the political structures of the specific regions. Among the factors that necessitated the development of the empires was the need for the societies to have centralized leadership. This way, the people could coexist peacefully under the leadership of a single leader. The empires resulted in the fortification of the regions as each empire developed clear demarcation thereby forming diplomatic relationships with other regions. This enhanced the development of trade thus enhancing the economic development of the regions. Additionally, the regions formed appropriate

Summarize the banking system Research Paper Example | Topics and Well Written Essays - 250 words

Summarize the banking system - Research Paper Example Institutions that are concerned with this type of economic interest are the investment banks. Then there are those banks that deal with the monetary policies and the change in the value of a specific currency since trade cannot happen without the presence of currency. Such institutions are called the national central banks (Mullineux & Murinde, 2003).   A trustworthy banking system is important since it assures individuals that their finances are safe and that banks are trustworthy. If an individual is going to trust the bank with their money, then the system might as well be secure, trustworthy and reliable. The banking system has evolved with time. With the presence of technology, it has become more secure, safe, trustworthy, efficient and reliable (Mullineux & Murinde, 2003).   From the time there was the presence of goldsmiths to the current time where there is the modern federal banking system; there has been much change in the system. There was a time that the main piece of trade was metal; gold, silver and bronze (Apel, 2006).  Presently, the main item of trade is money. Banking in the United States is considered best since when it comes to the banking structure, it is consisted of a number of regulators. Compared to other countries like Japan, in the U.S, banking is regulated at two levels; the federal level and the state level (Apel, 2006).   In Japan, the regulation of the banking system is combined into a single financial agent. For the United States, the advantage is that the state maintains separate services ranging from security, insurance, commodity and all this is different from the banking services (Apel,

Which two sites give you the best tips on how to negotiate Essay

Which two sites give you the best tips on how to negotiate - Essay Example It is obligatory that there are at least two participants whose interests are partially common and partially different. Negotiation are the fact of our everyday life, the main means of getting what you want. Though we negotiate every day, it is not easy. Usually people are confronted with the dilemma – to be complaisant or to be strict. The other way of negotiating is a middle approach between complaisant and strict, it includes the attempt to reach agreement between goal striving and being on good terms with people. The world negotiating experience knows much about how to come to the successful agreement and that is why many tips that are usually performed in books and internet are avaliable. Speaking about the tips on how to negotiate we can divide them into some groups: psychological tips, ethical and aesthetic tips, these groups are general for any field of negotiations, and the third group includes professional tips which are different for every field. We investigated four suggestions of tips on how to negotiate made by different authors. Most of the tips given are of psychological character. The analysis of these suggestions will help us to define the best tips which can be used for having successful negotiations. The first suggestion of tips gives such pieces of advice (Braham B.): know thyself; learn the partner you are negotiating with before you start; think on what you want, what your partner wants and on your supposition about what he thinks you want; try to build trust; listen attentively, begin with stating your positions; be confident; know what options you have; know what a win is and the last point is to enjoy the negotiations process.(Braham B.) The number of tips suggested is very good and can be helpfull during the process of negotiations. To my mind stating the positions at the beginning is a very important thing which helps to built trust, in case if person sounds confidently.

Nature Versus Nurture Essay Example for Free

Nature Versus Nurture Essay Nature versus Nurture The nature versus nurture debate has been one that has been around for centuries. This debate was spawned from the idea that nature and nurture are both pieces of the human puzzle. Are we as humans shaped because of our genes only or are we influenced by our peers and environment? The opinion of this writer is that a person is who he or she is based on both principals of nature and nurture. Personal Thoughts My thoughts on nature and nurture have never been explored until now. I have always assumed that I am who I am because God made me this way. Now that I have learned a bit more about this debate, I find that I am a product of both nature and nurture. I am tall, have brown hair, wear glasses, and speak with a country accent because of my gene structure given to me by my parents. The way that I act and my thought processes come from influences in my environment and the teachings of my family. â€Å"We are a product of nature and nurture, but we are also an open system† (Myers, pg. 167). This means that even though genes and culture are influences in a person’s overall structure, a person can defy each. For example, as a teenager, I was always pressured to go with the crowd and conform to their ways of thinking and acting. I wanted so badly to fit in and found it difficult because I was tall, lanky, and had acne which was all given to me by my nature or genetic structure. Growing up in a smaller town, teenage drinking was a pressure of my social group and while I knew it would be the â€Å"thing to do†, I opposed what culture was telling me was okay. I chose not to go with the crowd and for that, I enjoyed my high school experience in my own way. I was taught by my parents the consequences of right and wrong and knew that making such choices were wrong for me which was instilled in me through the nurture part of my makeup. God says Train up a child in the way in which he should go (Prov. 22:6) which must have been a very important verse as I was growing up. My parents and grandparents have always been influential in making me a self-respecting, confident adult who can make conscious decisions on my own. History The nature versus nurture debate first began in the 13th century in France. Our genes give us our internal imprint that tell us what color our eyes are, how tall we will be, and how big our feet will be. Our genetic structure makes us unique. Psychological influences refer to our beliefs, feelings, and expectations of life experiences. These characteristics are based on the â€Å"gene-environment interaction† and can give us â€Å"responses evoked by our own temperament, gender, etc. † (Myers, pg. 167). Finally, social-cultural influences are how society influences our development. These can come from our parents, friends, culture, and even gender. A person’s social-cultural influences can cause them to see people differently than they normally would. I could see this being the state where racism is influenced. Unfortunately, I see this becoming a bigger influencing factor in the years ahead and we, as a society, have many different cultural groups in our everyday lives. Conclusion In conclusion, the nature versus nurture debate can take on many different forms in how it is perceived. One could see that they are who they are based on their heredity while another could see it from an environmental viewpoint.

To Build a Fire Essay Example for Free

To Build a Fire Essay A hero is someone who possess valor, capability, and captures the admiration of others through courageous deeds and noble traits; the main character in â€Å"To Build a Fire† by Jack London lacks all of these characteristics. The man makes many rookie errs throughout the short story and utilizes numerous tips from an old timer from Sulphur creek to try and fix them, he is grateful to the old timer, save for when he believes he is no longer in danger. After building a successful fire rather than thank the old timer he says to himself â€Å"well, here he [is]; he [has] had the accident; he [is] alone; and he [saves] himself† (pg. 26). The man believes he is better than average and believing that it is him all by himself exemplifies his arrogance. The fire fails and the man is once again wet in negative fifty below weather and to survive he must do something to stay warm, his idea is rather horrid though. To save himself and his fingers the man has the wild idea to â€Å"kill the dog and bury his hands in the warm body until numbness [goes] out of them† (pg, 530). When the man has to choose between his life and another he chooses to save himself essentially proving that he is not a hero, but rather a scoundrel. After all else the man merely surrenders his life, gives up, and decides to die in the least painful way possible. The man thinks it would be a good idea â€Å"to sleep to death† his intention is for it to be â€Å"like taking an anesthetic† (pg 533). Hero’s do not give up or take the easy way out; the man is a coward for just handing in his life in the manner in which he did. The man in Jack London’s story never reaches a heroic state; he is a normal man that makes a few mistakes and pays dearly for them.

English Law and Entrapment

English Law and Entrapment Analyse the approach of the English courts towards entrapment evidence. How far is it consistent with the jurisprudence of the European Court of Human Rights? Before we can analyse the English Courts approach to entrapment evidence, we must define what entrapment is. It can be defined as An agent of the state à ¢Ã¢â€š ¬Ã‚ ¦., cause some to commit an offence. For he should be prosecuted.[1] Over the years, the common-law approach on entrapment has evolved. The courts took it as if the evidence is relevant than the court would deem it admissible. In R v Leatham it was said it matters not how you get it; if you steal it even, it would be admissible in evidence[2]. Of course, we cant imagine it being like that now. We have The European Convection of Human Rights, which guarantees everyone a fundamental right to a fair trial in criminal courts cases. We also have the Human Rights Act[3], which also gives the defendant to a right to fair trial. In the determination of his civil rights and obligations or of any criminal charge against him, everyone is entitled to a fair and public hearing within a reasonable time by an independent and impartial tribunal established by law[4] It has always been clear that there is no defence for entrapment, someone who has committed the crime should be convicted of such crime. This is shown R V Sang[5] the fact that the counsellor or procurer is a policeman or informer, although it may be of relevance in mitigation of penalty for the offence, cannot affect the guilt of the principal offender[6]. Any entrapment should be taken into mitigation when deciding the appropriate sentence. Even though there is no defence to there is a chance for entrapment, for the case to be stayed, meaning to have the case stopped if there has been an abuse of court processes. This shown in R V Loosely: Although entrapment is not a substantive defence, English law has now developed remedies in respect of entrapment: the court may stay the relevant criminal proceedings, and the court may exclude evidence pursuant to s.78. In these respects, Sang has been overtaken. Of these two remedies the grant of a stay, rather than the exclusion of evidence at the trial, should normally be regarded as the appropriate response in a case of entrapment[7] However, even though a judge has the power to stay proceedings if there is an abuse of process. This cannot be seen an acquittal as an it is not, but just the judge stopping the case. As he believes the case must be stopped, as continuing with the abuse of process would make the trail of the defendant unfair. Which would be a breach of Artifice 6 of The Convention on European Human Rights. It should be noted that even though it Is not an acquittal, it would be very unlikely for the case to go back to court. If this is done without a change to the facts and circumstances of the case, and the prosecutor tries to bring the charge again. This could also be an abuse of process. Even though the English common law has evolved over time in regards to entrapment and protecting the defendants human rights to a fair trial. Several leading cases have made it to the European Court of Human Rights. One of them being Teixeira de Castro v. Portugal[8] in this case the applicant was asked to buy drugs, for two undercover police officers. The applicant did buy these drugs for them after which he did he was arrested. He was convicted and appeals in Portugal went against him, he took his case to The European Court of Human Rights, they held that Portugal did breach article 6. The court held that: . In the light of all these considerations, the Court concludes that the two police officers actions went beyond those of undercover agents because they instigated the offence and there is nothing to suggest that without their intervention it would have been committed. That intervention and its use in the impugned criminal proceedings meant that, right from the outset, the applicant was definitively deprived of a fair trial. Consequently, there has been a violation of Article 6  § 1.[9] Even though it seems that The European Court of Human Rights, believes that using entrapment evidence. Does infringe Article 6 of the Convection of Human Rights, right to a fair trial, as shown iTeixeira de Castro v. Portugal[10]. However, it is also worth pointing out that entrapment as a whole and inadmissibility of evidence does not automatically breach Article 6. This can be shown in Schenck v. Switzerland[11] where the court said While Article 6 (art. 6) of the Convention guarantees the right to a fair trial, it does not lay down any rules on the admissibility of evidence as such, which is therefore primarily a matter for regulation under national law. The Court, therefore, cannot exclude as a matter of principle and in the abstract that unlawfully obtained evidence of the present kind may be admissible. It has only to ascertain whether Mr Schenks trial as a whole was fair.[12] At this stage, it is fair to state there is a number occasions where entrapment by the police is genially allowed. As long as the is evidence that the suspect is doing something illegal and the entrapment of the suspect is not the only evidence. One of these occasions is where police or other state officials, go into a shop and conduct test purchases. Another occasion is where police or other state officials act as passengers to catch out unlicensed taxi drivers. Entrapment of unlicensed taxi driver is shown in East Riding of Yorkshire Council v Dearlove,[13] In this case Dearlove placed an advert for Chauffeur services, a licensing officer saw this advert and noticed that he was not licenced for these services. The licensing officer emailed Mr Dearlove on several occasions reminding him of licensing obligations. A test purchase was made and the booking did happen. Mr Dearlove was taken to court and they came to the following descion: We were of the opinion that the actions of the local authority were excessive in the absence of any criminal activity on Mr Dearloves part and as such we found it would be unfair to allow the proceedings to continue and ordered a stay of the proceedings.[14] When the case was appealed, they decided that the actions of the council was not entrapment, as they only did what a normal member of public would do in booking the service. The went on to say the following: It does not seem to me that there was, in the conduct of the councils officers, anything that could amount to impermissible entrapment. They booked the service just as an ordinary member of the public would do à ¢Ã¢â€š ¬Ã‚ ¦.à ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬Ã‚ ¦ In my view the officers simply provided the opportunity for commission of an offence by the provision of the very kind of service that Mr Dearlove had advertised[15]. They went on to say: Mr Dearlove had an express warning that a test purchase might be made and there can be no unfairness in those circumstances in initiating a test purchase a few weeks later. There is, moreover, a strong public interest in ensuring that only licensed operators supply taxi services of this kind.[16] In conclusion with the European Conviction on Human Rights and the European Court of Human Rights, only allowed to focus on the trail being fair. The approach of the English Courts does seem to be consistent with the jurisprudence of the European Court of Human Rights. This is because English common law has evolved, to help make trails fairer in regards to evidence and entrapment. This has been done the Police and Criminal Evidence Act[17] and the Abuse of Process Doctrine. Which has given the courts to the power so stay an case, for an abuse of process, which has come from entrapment. Word Count: 1343 Bibliography Table of Legislation Cited: Convention for the Protection of Human Rights and Fundamental Freedoms Human Rights Act 1998 Police and Criminal Evidence Act 1984 Table of Cases Cited: East Riding of Yorkshire Council v Dearlove [2012] EWHC 278 (Admin), CO/8593/2010R Leatham (1861) 25 JP 468, Crompton J R V Loosely, [2001] UKHL 53 R v Sang [1980] AC 402 Schenck v. Switzerland, (10862/84 (Series A No.140; (1988) 13 EHRR 242)) Teixeira de Castro v. Portugal, (25829/94 (1999) 28 EHRR 101) Table of Journals Cited: McKay, Simon, Approaching Allegations of Entrapment Part I [2009] Criminal Law and Justice Weekly. https://www.criminallawandjustice.co.uk/features/Approaching-Allegations-Entrapment-Part-I Accessed March 2017 McKay, Simon, Approaching Allegations of Entrapment Part II [2009] Criminal Law and Justice Weekly. https://www.criminallawandjustice.co.uk/features/Approaching-Allegations-Entrapment-Part-II Accessed March 2017 Further Reading: Sleight, David, The law regarding entrapment June 2010 Accessed March 2017 [1] R V Loosely, [2001] UKHL 53 as per Lord Hoffmann paragraph 35. [2] R v Leatham (1861) 25 JP 468, Crompton J [3] Article 6, Human Rights Act 1998 [4] ARTICLE 6, Right to a fair trial, European Convention on Human Rights [5] R v Sang [1980] AC 402 [6] R v Sang [1980] AC 402 [7] R V Loosely, [2001] UKHL 53 as per Lord Nicholl paragraph 16 [8] Teixeira de Castro v. Portugal, (25829/94 (1999) 28 EHRR 101) [9] Teixeira de Castro v. Portugal, (25829/94 (1999) 28 EHRR 101) at Paragraph 39 [10] Teixeira de Castro v. Portugal, (25829/94 (1999) 28 EHRR 101) [11] Schenck v. Switzerland, (10862/84 (Series A No.140; (1988) 13 EHRR 242)) [12]Schenck v. Switzerland, (10862/84 (Series A No.140; (1988) 13 EHRR 242)) [13] East Riding of Yorkshire Council v Dearlove [2012] EWHC 278 (Admin), CO/8593/2010. [14] East Riding of Yorkshire Council v Dearlove [2012] EWHC 278 (Admin) [15] East Riding of Yorkshire Council v Dearlove [2012] EWHC 278 (Admin) [16] East Riding of Yorkshire Council v Dearlove [2012] EWHC 278 (Admin) [17] Police and Criminal Evidence Act 1984

Growth and Maturation in Sir Gawain and the Green Knight and Iwein Essa

Growth and Maturation in Sir Gawain and the Green Knight and Iwein The Arthurian legends of Iwein and Gawain and the Green Knight are two examples of the medieval initiation story: a tale in which a character, usually in puberty or young adulthood, leaves home to seek adventures and, in the process, maturity. Through the course of their adventures, including a meeting with the man of the wilderness, temptations at the hands of women, and a permanent physical or mental wounding, the character grows from adolescent awkwardness and foolishness to the full potential knightly honor. While both Arthurian legends fit this format, the depth of character development, specifically in terms of relationships, is vastly different. Whereas Gawain and the Green Knight does little more with relationships than demonstrate the evils of female temptations, Iwein effectively explores the formation, destruction, and resurrection of numerous male and female relationships. In order to understand the significance of Hartmann von Aue's development of relationships in Iwein, it's important to first understand the nature of a typical initiation story. Initiation stories almost always deal with the development of a single character; through the course of the story the single character is developed and matured. The meeting with the man of the wilderness and the female temptress may both involve other characters, but in both situations the relationship is used to develop the initiation story. In Iwein, Hartmann uses the growing maturity being developed through the initiation story as a forum for the relationships of the characters; indeed, the focal point of Iwein is less the initiation of the main character than the effect his initiation has on his ... ... the Green Knight: A Collection of Critical Essays. Englewood Cliffs. NJ: Prentice Hall, Inc., 1968. Hatto, A. T., gen. ed. "Heroes and Heroines." Traditions of Heroic and Epic Poetry. Volume Two: Characteristics and Techniques. London: The Modern Humanities Research Association, 1989. Hartmann von Aue Iwein Trans. Sheema Zeben Buehne New York, F. Ungar 1966. Huppà ©, Bernard F. "The Concept of the Hero in the Early Middle Ages." Concepts of the Hero in the Middle Ages and the Renaissance. Eds. Norman T. Burns & Christopher J. Reagan. Albany: State University of New York Press, 1975. Krstovic, Jelena O, ed. Introduction to Hartmann von Aue. Classical and Medieval Literature Criticism. Detroit: Gale Research Inc., 1993. Moorman, Charles. A Knyght There Was: The Evolution of the Knight in Literature. Lexington: University of Kentucky Press, 1967.

The Whiskey Rebellion :: essays research papers

The Whiskey Rebellion   Ã‚  Ã‚  Ã‚  Ã‚  On August 1, 1794, President George Washington was once again leading troops. Only this time Washington was not striking out against the British but rather against fellow Americans. The occasion for this was the Whiskey Rebellion. Various efforts had been made to diminish the heated opposition towards the tax on distilled liquors. However, there was only one man who has derived the best course of action. That man, President George Washington, deserves all the credit and recognition for his actions concerning the Whiskey Rebellion.   Ã‚  Ã‚  Ã‚  Ã‚  In September 1791 the western counties of Pennsylvania broke out in rebellion against a federal â€Å"excise† tax on the distillation of liquor. After local and federal officials were attacked, President Washington and his advisors decided to send troops to assuage the region. On August 14, 1792, under the militia law, Henry Knox (secretary of war) had called for 12,950 troops. After this, many problems arose, both political and logistical. These dilemmas had to be overcome, and by October, 1794 the men were on the march towards Harrisburg, Pennsylvania. There, they contained the mob hysteria and anger. This event represented the first use of the Militia Law of 1792 enabling the militia to â€Å" execute the laws of the union, and suppress insurrection† (The Whiskey Rebellion of Harrisburg, Pennsylvania, 1).   Ã‚  Ã‚  Ã‚  Ã‚  It is clear that George Washington was the source of success in the Whiskey Rebellion. When the militia, with Washington and Hamilton at its lead, reached western Pennsylvania, it became clear that there would be no armed resistance. Evidence of Washington's leadership in this rebellion took place when the â€Å"Representatives of the insurgents asked for clemency, and Washington granted it with stipulation that they comply with federal laws thereafter† (The Precipice of Power). This agreement forced the public to abide by the rules of the government and their taxes without any destructive rebellions. It was evident that Alexander Hamilton was not the backbone of this success. â€Å"His actions provided undeniable proof to Republicans that Hamilton was a monster who would stop at nothing to defend his corrupt policies, a budding Caesar bent on establishing monarchy† (A Biography of Alexander Hamilton). Hamilton did not care as much about the success of his government but of himself and his beliefs on the nation. Furthermore, Hamilton was planning on resigning, hence making it crucial to him to entrench the policies he had put into place. â€Å"For the remainder of his life Hamilton worried that his work would be destroyed, his

H. G. Wells: His Life and Philosophies Essay -- Authors

H. G. Wells had rather extreme views in every respect. He was a prominent Fabian for some time and upheld many socialistic ideas that many still have a problem with. His views on human nature were pessimistic, the future was an eventual disappointment, but his writing is the kind that can capture the attention of many people from all ages and walks of life and draw attention to his ideas—which he did to great effect. What makes these books so fascinating? To answer questions such as these, it is imperative to know about the life of the man behind the books. Herbert George Wells was born on September 21, 1866 into a lower middle class family. He worked hard as both a student and assistant to multiple jobs before moving to London with a scholarship to the Royal Academy of Science. It was here that he was introduced to â€Å"Darwin’s Bulldog†, the eminent biologist T. H. Huxley, a man whose opinions helped shape Wells’ own for the rest of his life. Instead of becoming a biologist as recommended by Huxley, he became instead a teacher, and overworked himself until he fell into very bad health. On the doctor’s orders, he went to the south coast of England to rest until he ran out of money and returned to London. It was around this time that he met Frank Harris, editor of the â€Å"Saturday Review† newspaper, and began his careers as both a novelist and a journalist. Throughout the rest of his life he wrote steadily, averaging a little more than a book per year. In following his writing, one can see four distinct styles emerging throughout it all. At the beginning he went through a science-fiction phase containing books such as The Time Machine, The War of the Worlds, and the Invisible Man. The second phase contained his â€Å"humorous Dickensian novel... ... has accomplished. This was H. G. Wells. Works Cited Belloc, Hilaire. "A Companion to Mr. Wells's "Outline of History"." Twentieth Century Literary Criticism: Volume 6. Detroit, Michigan: Book Tower, 1982. 522. Print. Haynes, Roslynn D. "Wells Scientific Background: Scientist or Visionary?" Twentieth Century Literary Criticism: Volume 6. Detroit, Michigan: Book Tower, 1982. 522. Print. "H. G. Wells." Wikipedia, the Free Encyclopedia. Nd. Web. 17 Febuary, 2012. Verne, Jules. "Jules Verne at Home." Twentieth Century Literary Criticism: Volume 6. Detroit, Michigan: Book Tower, 1982. 522. Print. Wells, H. G. The Time Machine. New York: Scholastic Inc., 1978. Print. —. The War of the Worlds. Aerie Books Ltd., 1993. Print. "Wells, Herbert George." Twentieth Century Authors; A Biographical Dictionary of Modern Literature: First Edition. Np. 1942. Print.

Globalisation Is Becoming A Normal Word In Todays Business Environment Economics Essay

Globalization is going a normal word in today ‘s concern environment where different states are incorporating with one another. No state can be self sufficient, they depend on one another. It is really common to see different states traveling from their ain states and put to other country/countries in order to acquire markets or resources such as inexpensive labor. State boundaries are no longer an issue due to advancement in engineering. Globalisation plays a great function on the economical development of different states in the universe particularly in the developed states such as US which has investings in different states around the Earth. On the other side of the coin globalization has negative impacts on societal, cultural, political, technological, environmental every bit good as economical activities of different states. The purpose of this essay is to asses globalization impacts on the emerging economic systems, whether it is an chance for their growing or a menace. China will be used as the base of this analysis. The essay will concentrate on ; what is globalization, its drivers, functions of globalization every bit good as the manner it is incorporated in international trade. It will besides concentrate on the emerging economic systems every bit good as analyzing why China has opened doors to globalization. Title: The impact of globalization to emerging market economic systems Research inquiry: What is the impact of globalization on emerging economic systems? 1.0 Introduction Over the old ages it has been witnessed that the facet of societal, cultural, political, technological every bit good as economical activities of different states incorporating with one another has increased at a rapid rate. The patterns that are found in the European states and the United States are now found in practically at any state in the universe. This phenomenon is now normally referred to as globalization. Some bookmans have defined globalization merely as the procedure of interaction and integrating among the people, companies, and authoritiess of different states, a procedure driven by international trade and investing and aided by information engineering. This procedure has effects on the environment, civilization, political systems, economic development and prosperity, and human physical wellbeing in societies around the universe. Globalization is non a new phenomenon, for century ‘s persons, later companies, establishments and corporations have been merchandising with each other in locations that are enormously far from their point of beginning. The Asians for illustration, used the monsoon winds that occurred after a infinite of six month ‘s to travel from their states and range Africa to merchandise i.e. purchase and sell merchandises to the Africans. China and Europe were besides connected during the in-between ages through the celebrated Silk Road across Central Asia. This allowed the two parties to put to one another which were an facet of globalization. This depicts the fact that for a long clip globalization was in being but non recognised every bit today as globalization ( Jagdish, 2004 ) . This current state of affairs of the phenomenon of globalization increasing at a rapid rate has been induced by policies that have opened economic systems internally ( domestically ) every bit good as internationally. One of the chief propagators of this was the wake of the 2nd universe war whereby authoritiess of different states in the universe decided to accept or implement the free market economic system which had an consequence on the productive potencies of their states and coevals new chances for planetary trade i.e. the trade was no longer domestic oriented but internationally oriented. This is to state that the policies opened up chances for international trade and investings. The Governments have farther negotiated the enormous decreases in barriers to commerce and hold established international understandings to advance trade in goods, services, and investings. These have opened up new chances in foreign markets and therefore corporations have built foreign mills and estab lished production and selling agreements with foreign spouses. This is a defining characteristic of the late tendency of globalization, i.e. it is an international industrial and fiscal concern construction ( Jagdish, 1993 ) . The new chances have made other states that had ceased them to be dominant in the Global economic system today. Now more than of all time, it is a clear image that the facet of globalisation has been one of the major subscribers to the rise in the economic laterality of many economic systems such as those in the Asiatic states i.e. India, China etc. To day of the month China has now integrated with practically every state around that universe. The Chinese corporations have come to be so powerful to the extent that the USA is in debt of more that 10bilion dollars to the Chinese Bankss. The latter is to state that the phenomenon of globalisation has t4remendous impacts on emerging economic systems. This essay will therefore discourse the impact of globalization in the emerging market economic systems ; in so making, the essay will concentrate on the construct globalisation, the drivers for globalisation, the cardinal characteristics of emerging economic systems, the impacts of globalisation socially, economically, environmentally and technologically on the emerging economic systems and eventually do a decision of the treatment. 2.0 Definition and Concept 2.1 What is Emerging Market Economy? Emerging market economic systems are those economic systems that their economic system and industrialization grow at a rapid gait while sing a rapid addition in information efficiency in an environment. These economic systems are the leaders among developing states. To be more precise the followers are considered to be the taking emerging market economic systems Brazil, Russia, India, and China, usually referred top as the BRIC states. The taking one is China due to high growing of its GDP, engineering every bit good as literacy degree, approximately 93.3 % of Chinese entire population are literate, this became possible since the Chinese authorities executed its scheme of prioritizing instruction for its people from lower to the higher degrees ( hypertext transfer protocol: //en.wikipedia.org ) . Discussed below will be the features of emerging market economic systems. 2.2 The features of emerging economic systems Transitional The economic system of the emerging economic systems are invariably in transformational procedure from closed to an unfastened market, seeking to brace their economic public presentations for conveying efficiency and transparence in the capital market. Reform in exchange rate system International Monetary Fund and World Bank assist the Emerging Market Economies in reforming their exchange rate systems in order to cut down flow of domestic capital to foreign economic systems since there is an addition of local every bit good as foreign investings in footings of portfolio and direct. Attractive to Multinational corporations The states in this class are really much on the list of the favorable environments for investing by the MNC because of the ability to supply lower costs of labor and supplying a big client base. Large Population The first characteristic of these economic systems is the population in their state. The emerging economic systems have a big figure of people in their states as compared to other states in the universe. In the concern footings it means they contain a really big portion of the consumer base in their ain state. China for illustration is the most populated state ion the universe, and India is besides one of the individual states that have many people as about the full African continent. High Gross Domestic Product Growth These economic systems have a singular rate of growing on their GDP. China has been estimated to hold a 10 % growing rate in the last decennary. This rate makes it the fastest turning economic system in the universe and in old ages to come it may hold the taking economic system in the universe above the United States of America. Much of the growing nevertheless had been due to having Foreign Direct Investments from the Triads ( USA, Japan and Europe ) , thought in the recent old ages the BRIC group has besides been puting in the Triads. Enormous Changes in life manner and bettering criterion of life The states with the emerging economic systems are sing an addition in the alteration in the life manner of its population. There is a enormous alteration in footings of industrialisation, modernisation every bit good as urbanisation. The rural countries are gnawing and more metropoliss with tall edifices and many investings are going prominent. Some of the wealthiest concerns and concern adult male are found in these emerging economic systems. Most of the states populations are more into going modern and more urbanised now than old ages back. Furthermore the criterion of life has improved markedly in these emerging economic systems. Many 1000000s continue to populate in poorness but a turning urban in-between category provides an spread outing market for both domestic merchandises and for imports from abroad. Volatility of assets The universe ‘s involvement for the assets of the emerging market economic systems has risen over the past old ages. The assets of the Emerging economic systems besides tend to go volatile at times, the returns is truly deserving put on the lining for. The financess of the Emerging economic systems have besides resulted in a much higher per centum of wealth. The construct of Globalisation Globalization has been a construct narrated for many old ages by different bookman ‘s universe broad. Assorted dimensions come to visible radiation when the term globalisation is mentioned. Basically the issue of integrating, in footings of the economic system, engineering, societal facets every bit good as political relations is of highest consideration when one defines globalisation. Globalization is the system of interaction among the states of the universe in order to develop the planetary economic system. Globalization has been refers to the integrating of economic sciences and societies all over the universe. Globalization involves technological, economic, political, and cultural exchanges made possible mostly by progresss in communicating, transit, and substructure. ( Croucher, 2004 ) . Others nevertheless as antecedently mentioned have defined globalisation as the procedure of interaction and integrating among the people, companies, and authoritiess of different states, a procedure driven by international trade and investing and aided by information engineering. This procedure has effects on the environment, on civilization, on political systems, on economic development and prosperity, and on human physical wellbeing in societies around the universe. ( http: //hubpages.com/hub/Definition-of-Globalization ) Globalization efforts to picture the stairss by which the webs in the universe in footings of communicating, transit and trading cause the linking ( integrating ) of the regional economic systems, societies, civilizations, every bit good as engineerings. At this point in clip most of the universe is sing the facet of economic globalisation as one of the individual most important facet of globalisation. With this in head economic globalisation has been individually defined as the linking of economic systems of different states to make an international economic system via trade, FDIs, Investment hard currency flows, and the disperse of engineering. Globalization is normally recognized as being driven by the brotherhood of the economic, technological, socio-cultural, political, environmental and biological factors. For the intent of this essay, we therefore specify the term globalisation as the rapid addition in the interconnection of the different states economically, socially, politically, technologically every bit good as environmentally to resemble a individual small town ; the procedure extremely being facilitated by the addition in the information and communicating engineering. 2.1 Drivers of globalisation. There are many issues that have been discussed when it comes to why is there such an tremendous addition in globalisation and why many states are opening their doors to this phenomenon much easy than earlier. One of the most common account to this has been summarized in one common and yet alone sentence. That is â€Å" globalisation is inevitable † intending it will happen, whether one likes it or non it will go on. Never the less that sentence is excessively short to supply the nucleus drivers of globalisation but instead merely explicate that the phenomenon is at that place to remain. The drivers for globalisation can be put into the undermentioned classs: Market drivers Cost drivers Technology drivers Governmental drivers Competitive drivers These drivers are better explained below: Market driver This really refers to when the companies consider the assorted markets to put. The shifting of the policies of the different authoritiess in the universe top holding a free market economic system has in fact lead to concerns that had a market that was limited to one state to hold a planetary market that waits for the specific merchandises or services that they offer. At this point in companies in different parts of the universe have to greater handiness of the different states universe broad. If there was a tendency of no free market economic system, the phenomenon of globalisation would hold been speed uping at a vey little gait and the major transmutations will non hold been recognized. At this point in clip there is the meeting of national markets into a remarkable monolithic planetary market place. To sell internationally is now easier due to falling of barriers on the cross-border trade. A company does n't hold to be the size of these transnational giants to ease and profit from the globalisation of markets. ( Owens 2008 ) Production Cost driver This becomes a driver when it occurs that the costs of production in your state is greater than in another state for the same merchandise, hence it becomes more advantageous for you to bring forth in another state than in your ain. It refers to the sourcing of goods and services from locations around the universe to take advantage of national differences in the cost and quality of factors of production. The thought is to vie more efficaciously offering a merchandise with good quality and low cost. Companies consider the assorted life style of the state before sing the monetary value of the merchandise and services to render. The companies that find themselves in hunt for international trade chances need to take into history the cost deductions associated to where they want to put. For illustration one might see bring forthing certain merchandises in Tanzania than in Europe due to cheaper labor costs etc. ( Owens 2008 ) Technology driver This really refers to when there is increasing engineering system, transit, progressing in the degree of universe trade system. The have been many developments in engineering to day of the month and the rate seems unstoppable. These developments or alterations in Technological have achieved progresss in communicating, information processing, and transit engineering, including the Internet and the World Wide Web ( World Wide Web ) . The most of import invention has been development in the microprocessors after that planetary communications have been revolutionized by developments in orbiter, optical fibre, and radio engineerings, and now the Internet and the World Wide Web. The rapid growing of the cyberspace and the associated World Wide Web is the latest look of this development. Besides, inventions have occurred in the field of the transit engineering. The development of commercial jet aircraft has reduced the clip needed to acquire from one location to another. Now China is closer to the USA than of all time. ( Owens 2008 ) Government driver This refers to the decrease of trade duties and non trade duties, as a consequence of cut downing the function of political policies. As antecedently mentioned the acceptance of the free market economic system has basically causes the autumn of barriers to international trade. Now houses are able to see the full Earth as its possible market. The lowering of barrier to merchandise and investings besides allows houses to establish production at the optimum location for that activity. A house might hence, design a merchandise in one state, create a part/ constituent parts in two other states, assemble the merchandise in another state and so export the finished merchandise around the universe. The lowering of trade barriers has facilitated the globalisation of production. The grounds besides suggests that foreign direct investing is playing an increasing function in the planetary economic system. ( Croucher, 2004 ) . Competition driver The facet of better merchandises as a consequence of competition has really made the facet of globalisation an indispensable portion in many economic systems. The competition among companies ensures that there is a production of high quality merchandises globally ( Owens 2008 ) The impact of globalisation Over the old ages different arguments have existed on whether states =should embracing or be opposed to the phenomenon of globalisation. This argument is pioneered by the likely impact the globalisation has on the assorted economic systems or states in the universe. There has been an statement that the facet of globalisation favoring the already developed states and working the developing states. Below therefore is the treatment on the impact of globalisation on the emerging economic systems. The impact of globalisation can be focused on the five chief classs which are ; Economic impact Harmonizing to economic experts, there are a batch of planetary events connected with globalisation and integrating. The economic system of a state relies a batch on the concern environment that exists. Whether there is high domestic trading or there is a wider scope of investings from international companies. Globalization has enabled the economic systems of different states top become incorporate. For illustration, the avenue of international trade now allows states to hold foreign currencies into their economic systems. Furthermore the facet of citizens being in one state and having belongings in another state is besides a world. The issues of loaning has now moved to a whole new degree, companies from one state ask for loans from Bankss in a different state every bit good as Bankss of one state can now set subdivisions in other counties which automatically affects the economic systems. Governments of one state travel and obtain loans from other states. A typical and yet most asto nishing scenario is the fact that the American authorities being in 1000000s of debt to china which is an emerging economic system. No uncertainty globalisation has increased the foreign direct investings in different states. At this point in clip the Mc Donald ‘s company of the United States of America had made a record entry to the Russian and Chinese economic system when the policies of these states had allowed room for the free market economic system. The GDP of states such as Chinas have benefited a batch as a consequence of globalisation. As mentioned earlier China ‘s GDP has been turning at a rate of 10 % , one of the fastest turning rates in the universe. Socio-cultural Impact Another noteworthy impact of globalisation has been on the civilization of assorted societies in the universe. Globalization has been seen as a accelerator for alteration in the civilizations of less developed states to be more like those of the developed states. More specifically it is seen as an infliction of the pop civilization ( western civilization ) to other states. For illustration the manner in which people talk, act, frock etc has changed over the last few decennaries. The type of music that people listen to globally has changed ; even the ethical motives of certain societies have changed. Old ages back, it was hideous for adult females to have on miniskirts in the streets of Arabic states, but now this is going problematic. Even in African states some facets are altering. Many people are waiving their heritage for the new life manners which are believed to be more modernised. Now people believe that if you speak your native linguistic communication and do non cognize how to talk English, so you are crude. All these are a consequence of globalisation. The manner in which people communicate has now besides changed. Peoples have conversations via the phone and hold reduced the more traditional manner of communicating which was to see and see each other physically. No longer are people playing athleticss outside, they instead play video games, ticker films in the house, all these are a consequence of globalisation. Furthermore there is a alteration in the type of ownership in the emerging economic systems. The facet of globalisation has introduced a more capitalist system in states that were chiefly involved in communal ownership ; the facet of ownership has become more of individualistic nature. This being the instance, there is no longer equal distribution of income among the people of China. This has benefited some of the members who believed that they deserved more for the more work they did but at the same clip has created a division among the rich and the hapless that was non at that place in the yesteryear Environmental Impact The environment is more of the less discussed factors at times but is ne of the most of import facet that needs to be considered when looking upon the impacts of globalisation. The environment fundamentally refers to every thing that surrounds us. In the globalized universe more and more concern chances have emerged for the different concerns in the universe as a effect the concerns that are engaged in fabrication and affect the emanation of harmful substances have increased h=and have caused a devastation in the ozone bed in different parts of the universe. Furthermore, the less developed states have suffered on the environment as the developed states have used globalisation as a agency of dumping harmful merchandises from their states. There had been a prohibition on several environmentally harmful merchandises in Europe ; as a consequence, the European companies sold the goods to states like Tanzania etc to non endure losingss. This was a agency of dumping their waste merchandises . On the other manus though, through globalisation, there are now campaigns all over the universe that relate to environmentally protection. International ; pacts on environmentally friendly productions have been signed by different states. The decrease in green house emanation pacts have been signed by many states in the universe being led by United provinces of America and China, the most extremely fouling states in the Earth. Technological Globalization has lead to the addition in the spread of engineering all over the universe. At this point in clip, practically all parts of the universe are awe-are of the bing engineerings every where. The engineering that is used in Europe is besides used in China and at times even found in Africa. Globalization has enabled the universe to make, modify different technological devices that were founded by some one else in the different portion of the Earth. The Japanese have been known to modify different engineerings that they see bing in the USA. The Chinese are now the 1s who imitate all the bing engineerings anyplace in the Earth. The sphere of globalisation has made the latest engineerings to be in every portion of the universe. Ranging from the latest nomadic phones, laptops, picture games and all other appliances, globalisation in one manner or the other has ensured that no 1 is left behind. Political/legal The last facet that globalisation has impacted is on the issue of political and legal environment. Globalization has been at the centre in the increased international Torahs that are in being, the being on the planetary organisations that provide rules across the universe. The United Nations ( UN ) , the World Bank ( WB ) , the international pecuniary fund ( IMF ) and the similar. The increased interconnection of different counties has enabled the being of the organisations to harvests cut different states. For illustration some of the policies in the less underdeveloped states ( LDCs ) such as the Structural Adjustment Program have been influenced by the World bank, some have been influenced by the united states etc. This shows how globalisation has impacted the political and legal ambiance of a state. State losingss its sovereignty in globalisation as it is being scrutinized by the international states. For illustration all of the states are now looking at the policies of China and seek to dispute some of the things that it is making. In so making, the sovereignty of the state is being lost ( Croucher, 2004 ) .DecisionIn general, no 1 can deny the fact that globalisation is inevitable. The issue is on how the states take the being of globalisation. Through the treatment one can see that there are benefits that are being seen from the being of the phenomenon, but there are besides damaging effects. All of these depend on the state and therefore the context in which globalisation takes topographic point. There issues that are related to the loss of a state ‘s freedom and sovereignty that play a cardinal portion on whether to encompass or reject globalisation, ne'er the less globalisation will go on. In a brief overview though one can see that there are many economically related benefits that have been associated with emerging economic systems and hence likely cause for the increased credence in the phenomenon.The facets of the spread outing gross revenues i.e. where by the emerging economic systems are holding a wider market for its merchandises is a noteworthy ground for the credence of globalisation. Now the states with emerging economic systems are holding the markets in practically any state of the universe runing from Europe to Africa, the Middle East and America. Furthermore they have now been able to get resources from the assorted states that they have invested in. The credence in globalisation has besides reduced the hazards that have been associated with the investing in merely their state as there are many fruitful chances in other states.