Wednesday, October 30, 2019

Changing organizations is as messy as it is exhilarating, as Essay

Changing organizations is as messy as it is exhilarating, as frustrating as it is satisfying, as muddling-through and creative a process as it is a rational one - Essay Example Main objective of change management is to increase profitability and decrease impediments (Blokdijk, 2008, p. 43). Organizations commit different types of changes such as substantial, transformational and incremental. In 2005, Research scholars have pointed out that changes can be broadly dissected into three parts such as strategic, tactical and operational (DuBrin, 2011, pp. 117-119). Study shows that companies can decide to go through change management process in order to address various external factors like changing purchasing behaviour of customers, need of implanting latest technology in order to retain competitive position in the market, fluctuation in supply and demand while other organizations feel the urge of change management in order to address internal factors like value chain integration, corporate restructuring, product market strategy etc. At some point of time all the organizations face the urge of changing existing corporate structure, human resource strategy or bu siness process. In 1996, Kotter has pointed out that although many organizations fail to incorporate change successfully but still it is the most significant issue for an organization (Kotter, 1996). This study is influenced by exhilarating nature of change process. Organizations need to uproot many of the existing systems ruthlessly in order to make room for change process hence the essay will try to shed some lights on various aspects of organisational dynamics in order to interpret role of organization dynamics in strategic change management. The study will analyze various organizations on the ground of threats, opportunities, context and emerging issues of strategic change management. It is evident from current practices that implementing change in business process is challenging task for organizations hence the essay will miss a great opportunity if it fails shed light on challenges associated with change management process. Challenges come in triplet structure

Monday, October 28, 2019

Metaphysics and Monism Essay Example for Free

Metaphysics and Monism Essay People are monists, dualists or pluralists depending on whether or not they believe that reality is composed of one, two or more substances. These positions may be represented as here indicated. Hindus, Buddhists and Animists are for the most part monists. They believe that reality is one and that everything that exists is a functioning part of that whole which is spirit. Western man for the most part may be called a monist also as he believes that God is dead and matter is the only substance to reality. Bible believing Christians would be pluralists. In philosophy of mind, monism is usually contrasted with the dualist position that mind and matter are deeply different. Thus, monism is the claim that mind and matter essentially the same. However, this sameness has come in a number of different and contradictory varieties. For example, Hobbes felt that the mental is merely and epiphenomena of the physical, thus the physical is the one real substance (Contemporary materialism is also a form of physicalistic monism (see Churchland, 1996). In direct contrast, Berkeley postulated that the physical is just a collection of ideas (hence, idealism) and thus the mental is the only thing that really exists. Finally, there are a number of positions similar to Spinozas property dualism, often referred to as dual-aspect theory. Spinoza held a position in which the mental and the physical are simply two modes of a more basic substance (it should be noted that strictly speaking, Spinoza was not a property dualist as he held that the mental and the physical were two of a possible infinite number of modes of the basic substance, nevertheless he is typically labeled as one). For Spinoza, this basic substance was God. Thus the only real thing is God, who is neither physical nor mental. Spinozas position is similar to that of Russells neutral monism, however the latter is not committed to the belief that a supreme being is the more basic substance. General Information Monism is any doctrine based on the assumption of a single underlying principle. Metaphysical monism allows that only one being or type of being exists. A substantial metaphysical monism asserts that the variety in our phenomenal experience is due to the different states of a single all-encompassing substance, for example, Parmenides Plenum or Baruch Spinozas God or Nature. An attributive monism admits many substances but asserts that they are all of the same kind, for example, atoms or G. W. von Leibnizs monads. Epistemological monism identifies that which is immediately present to the knowing mind with the real object known. Either the content of the mind is equated with the object known (epistemological realism), or the object known is equated with the knowing mind (epistemological idealism). Monism as a philosophical term was first used by Christian Wolff to designate philosophies that attempted to eliminate the mind-body dichotomy. Monism (Greek monos,single), in philosophy, is a doctrine that ultimate reality is entirely of one substance. Monism is thus opposed to both dualism and pluralism. Three basic types of monism are recognized: materialistic monism, idealistic monism, and the mind-stuff theory. According to the first doctrine, everything in the universe, including mental phenomena, is reduced to the one category of matter. In the second doctrine, matter is regarded as a form of manifestation of mind; and in the third doctrine, matter and mind are considered merely aspects of each other. Although monistic philosophies date from ancient Greece, the term monism is comparatively recent. It was first used by the 18th-century German philosopher Christian von Wolff to designate types of philosophical thought in which the attempt was made to eliminate the dichotomy of body and mind. Although he was not known by the term, the 17th-century Dutch philosopher Baruch Spinoza was one of the most influential monists. He taught that both material and spiritual phenomena are attributes of one underlying substance. His doctrine strongly anticipated the mind-stuff theory. Advanced Information Although the term was first used by German philosopher Christian Wolff (1679-1754), monism is a philosophical position with a long history dating back to the pre-Socratic philosophers who appealed to a single unifying principle to explain all the diversity of observed experience. Notable among these thinkers is Parmenides, who maintained that reality is an undifferentiated oneness, or unity, and that consequently real change or individuality of things are there? Substantival monism (one thing) is the view that there is only one substance and that all diversity is ultimately unreal. This view was maintained by Spinoza, who claimed that there is only one substance, or independently existing thing, and that both God and the universe are aspects of this substance. In addition to having many eminent proponents in the Western philosophical tradition, substantival monism is a tenet of Hinduism and Buddhism. In Hinduism each element of reality is part of maya or prakriti, and in Buddhism all things ultimately comprise an interrelated network. Attributive monism (one category) holds that there is one kind of thing but many different individual things in this category. Materialism and idealism are different forms of attributive monism. The materialist holds that the one category of existence in which all real things are found is material, while the idealist says that this category is mental. All monisms oppose the dualistic view of the universe, which holds that both material and immaterial (mental and spiritual) realities exist. Attributive monism disagrees with substantival monism in asserting that reality is ultimately composed of many things rather than one thing. Many leading philosophers have been attributive monists, including Bertrand Russell and Thomas Hobbes on the materialistic side, and G. W. Leibniz and George Berkeley in the idealist camp. The Christian intellectual tradition has generally held that substantival monism fails to do justice to the distinction between God and creature, and that of attributive monisms only idealism is theologically acceptable.

Saturday, October 26, 2019

Quran Burning Essay examples -- Terrorism politics Society

Quran Burning Can power be used for good? Unfortunately, there are many events in the past three years that overshadow the good that has been occurring in the world. People use different types of power to achieve the task at hand. The Quran burning, a recent controversial event that was supposed to occur on September 11, 2010, to honor all victims who passed away in the terrorist attacks. However, a small town church pastor named Terry Jones utilizes many powers to attempt to burn a holy book that was significant to a certain race, the Muslims. The question was how can one man who leads a small church of 50 people in Florida have the power to create uproar around the world? Through the United States Constitution, Terry Jones gained an immense amount of power which he abused in order to make an unethical statement about Islamic religion. First of all, the controversial Quran burning had many Americans debate the power of the constitution. Many people stated that the Quran burning was protected under the power of the first amendment, which guarantees the right to free speech. Jones wanted people to stop believing and worshipping a religion; and his way of expressing free speech was initiating a burning ceremony (Kiser 1). Being a Muslim is the â€Å"Un-American thing, according to Jones, and he is using his right of free speech to suppress the rights of Muslims to worship their religion. In Kiser’s article, â€Å"The Controversy over International Burn a Quran Day† he writes, â€Å"The Constitution of the United States does advocate, ‘Free Speech’, but it remains dim on the offensiveness of that free speech. The Constitution also advocates â€Å"Freedom of Religion†, but the United States remains a country where religion is abused and suppressed... ...nt could have potentially put the whole world at war, especially between Christians and Muslims. Works Cited Berry, Wendell. â€Å"Thoughts in the Presence of Fear.† Yagelski 474-479. Dog, Mary Crow. â€Å"Civilize Them with a Stick.† Yagelski 429-437. Kiser, M L. â€Å"The Controversy over International Burn a Quran Day.† Helium. N.p., 2010. Web. 20 Oct. 2010. Levitz, Jennifer, and Jonathan Weisman. â€Å"Pastor Keeps Pushing to Tie Protest with Islamic Center.† The Wall Street Journal. N.p., 2010. Web. 21 Oct. 2010. Rashid, Ayesha. â€Å"Burn a Quran Day and the Power of Ignorance.† The Daily Progress. Media General Communications Holdings, 2010. Web. 20 Oct. 2010. Somaiya, Ravi. â€Å"Should We Cover the Quran Burning?† Newsweek. N.p., 2010. Web. 20 Oct. 2010. Yagelski, Robert P, ed. Reading Our World: Conversations in Context. 2nd ed. Boston: Wadsworth, 2010. N. pag. Print.

Thursday, October 24, 2019

Courage Mother and her Children critique Essay

â€Å"Mother Courage and Her Children† by Bertolt Brecht took place during the 30 Years’ War in Europe. The whole play revolved around the survival of a lower class family, trying to live through the harsh war with their canteen wagon business. Each scene in the play contained the factors of religious, honesty, war, loyalty, and family. The theme of â€Å"Mother Courage and Her Children† was maternity, due to the fact that Mother Courage’s sense of coldhearted business caused her become unable to protect her children, which led to their deaths, leaving her all alone in the end. Mother Courage was always doing business while each of her children died during the play. This shows that she was more interested in her business and money than her own children, and an example of this can be seen when her thirst for money had caused Swiss to die because she took too long to decide whether or not to trade her money in for her son’s life. Mother Courage was the protagonist in the play, while the war was the antagonist. The war caused Mother Courage to base her living on it. Due to the fact that they were living during a war, this caused Mother Courage to be so focused on making money, that she ended up neglecting her children. It also caused her to be unable to watch her daughter get married, since Kattrin could only get married when peace returned and the war ended. War is also the antagonist, due to the fact that is also caused Mother Courage to lose her sons as well. The play was a tragedy because in it, Mother Courage’s children all perished, and she was left all alone in the end. In the play, Bretch assigned each of Mother Courage’s children with a â€Å"tragic flaw† as a result of her failure to learn to choose family over business. The tragedies that Mother Courage’s children suffered throughout the play were Swiss, with honesty, Eilif, with arrogance, and Kattrin, with pity. Mother Courage had to go through suffering of the death of each of her children one by one and was unable to do anything about it. The set of the play was a major contribution to the play. The use of a proscenium stage was the best fit for this type of play since it allowed the audiences to focus on the center of the stage where Mother Courage’s wagon was. Mother Courage’s family always moved around. However, their wagon was still placed at nearly the same spot on the stage, which tells the audience that they were not moving anywhere because no matter where they moved to, they still faced the same struggles and hardships. Even though the setting mostly remained the same from scene to  scene, backgrounds changed from one scene to another, which allowed the audience to know that the scene was taking place in a different location. There was almost always the same lighting throughout the whole play. The only thing that changed about the lights was the brightness; the lights were brighter during the day and dimmer at night. There were some spotlights. However, it only appeared upon the actors who came before each scene, in order to tell the audience what will happen in the upcoming scene. The lighting of â€Å"Mother Courage Mother and Her Children,† was different from the other play that I went to. Usually lights would go off when changing from one scene to another, so that characters were able to get on and off stage, in order to prepare the set for the scene. However, in this play, the lights were still on during scene transitions. Bretch made pulling the wagon in and out of the stage as an exit and enter for each scene, which didn’t require the actors to quickly change settings for different scenes. The background sound of gunshots and bombs that were playing throughout the play allowed the audience to feel as if the war was actually taking place during the play. The gunshots sounded very loud, making the audience feel as if it was nearby. Without the sounds, the audience would not have been able to feel the mood of the war. Sounds of gunshots added more effects to the mood of war, giving the audience an the image of how deadly the war was. The play was a musical play, since there were many parts where Mother Courage and some singers in the background sang and played instruments. The entrance to the play was also a song that expressed the mood and feeling of the war. Mother courage sang in almost every scene, to express her feelings. She also sang in the last part of the play when Kattrin died. The costumes of the play reflected the life of the characters in the play. The costumes did not really tell the time period in which the play took place because the characters were just wearing normal types of rural clothes that had many layers, and were attached with many pieces of fabric. The characters in the play had the same outfit throughout the whole play, and this outfit not only showed their poverty, but also the condition of life during the war, due to the fact that they were unable to have clothes to change into. The many layers of clothes worn were everything that the characters owned, and this showed their struggles, due to the fact that they are unable to buy any new clothes. Overall, the play was easy to understand because it was in modern  English and there were no accent in the characters’ pronunciation, which allowed the audience to understand what the characters were saying. Mother Courage struggled throughout her life with her business and children, but ended up with nothing due to the war, in which she was favoring. The war had brought Mother Courage the business she needed, but took away her children one by one.

Wednesday, October 23, 2019

Students, faculty struggle with plagiarism in Internet era

In the postmodern society we have today, Internet-access Is a natural part of the everyday life. Not only have the Internet almost taken over people's lives, but apparently also their schoolwork and education. Due to the easy access to everything on the Internet, faculty at schools have trouble find-inning a dividing line, between what is cheating and what is not. An example of this was seen in a chemistry-class at the University of Wisconsin, where 42 students were accused of plagiarism. While all the students protested, none of the students seemed to know the seriousness of the situ-tool.This leads to the question: when Is something plagiarism? And what can one do to fix the cheating? Journalist, Todd Effeminately wrote the text â€Å"U students, faculty struggle with plagiarism in In-tern era† in 2010, and it was published in â€Å"the Capital Times†- newspaper. The sender of the art-clue, want to Inform the reader of the present Issue: plagiarism. The sender simply wants to notify the reader that plagiarism Is Illegal and wrong. This leads to the unknowing students, who tempt to take the short cut and use other people's work.The scary thing is that most students don't see the series- scenes of this problem – they simply don't consider it cheating. As Donald McCabe, professor at Rutgers University and co-founder of the International Center for Academic Integrity, explains it: â€Å"You're almost to the 50-50 mark right now, where almost half the students we survey don't see this as ‘moderate' or ‘serious' cheating. And the number that's growing Is the half who don't con-slider It cheating. † This quotation-use by the writer, appeals to the readers pathos: how come so many students don't see this wrongdoing?What have society done wrong to make this happen? Not only does Effeminately appeal to pathos, but he also appeals to ethos, which strengthens his reliability. HIS ethos Increases, with both the use of statistics and experts to comment on the Issue, for an example: â€Å"Donald McCabe, has been researching academic misconduct for 20 years, and he says Logos is also a penetrating form of appeal. It is used throughout the entire text, when Effeminately tries to convince the reader that plagiarism is an increasing crime.Because, of course plagiarism is wrong, and he proves it by referring to the majorities opinion: â€Å"most me to agree with the notion that plagiarism – taking the work of others and presenting It as your own – Is wrong†. Another appeal to logos Is his use of connectives in the text. Connectives make him look sure of his case, for an example when he uses â€Å"of course† in the end his contention: â€Å"Students who cheat are nothing new on college campuses, of course†. All of the examples above are all signs of hidden argumentation.Hidden problem, and agree with him at the same time. With the use of hidden argumentation, the reader is influence d in the wanted direction, most likely without ensign any form of manipulation. The signs of hidden argumentation is seen in the text, when the writer refers to experts, the majority of people's opinions and if the writer is general-sizing, which is all seen in this text. The way of the composition makes the text very floating – there is a good balance between claim and evidence in the argumentation.At the same time there is a perfect comprehensive use of experts to support the argumentation. Because of the formal and high-flown language used in the article, it is to conclude that the target roof for the text must be most suitable for the academic educated people. At the same time it is not unthinkable that the text also is meant for college-students around the world. Because of the theme and the conclusion in the text, you must assume that the text's purr-pose is to enlighten the students about the serious matter of the problem: plagiarism.One of the scary things to think ab out is the fact that young students cheat because they have doubt in themselves. Either, they don't realism how smart they are, or maybe they are Just scared of hard work and failure? In reality, the main reason why students cheat is because they: â€Å"didn't think they could accomplish what they wanted to any other way'. But is the goal really accomplished, when it is accomplished with fraud? Plagiarism is so common that some people even write papers in ex-change for money.As it is told in the article: â€Å"Professor Donald Downs (†¦ ) met a man who â€Å"told me he felt like he had taken my courses. † A puzzled Downs asked the man what he meant. â€Å"He told me, ‘Vive written about 20 papers for your In conclusion, what can one do to fix the cheating? According to the article the main season to fix cheating is by talking about it, even though the topic is sensitive: ;legalism is a very difficult conversation to have because nobody quite wants to talk about it,† (†¦ You can't work on this issue unless you talk about it. † The important thing is to enlighten students about this issue, because if the students really speak the truth: then how can it be considered cheating, if they truly don't know what plagiarism is? Enlighten is also the main purpose of this article: enlighten the world about plagiarism. Set a stop to plagiarism and accomplish your goals by yourself.

Tuesday, October 22, 2019

England, America, and The Invincible Armada English Literature Essay (100 Level Course)

England, America, and The Invincible Armada English Literature Essay (100 Level Course) Free Online Research Papers England, America, and The Invincible Armada English Literature Essay (100 Level Course) The zest for adventure, exploration and colonization actually reached a peak in the reign of Elizabeth; in 1584, Sir Walter Raleigh founded a colony in North America, which he called Virginia in honour of Elizabeth, the Virgin Queen. (Raleigh was also the first to import tobacco to England from Florida in 1565. A few years later, the potato also reached England after being introduced into Spain from America in 1570, after the Spanish conquest of Peru). But since the 15th century, the monopoly of colonization and commerce in Africa, Asia and America had been in the hands of Portugal and Spain. In Tudor times, however, the English seamen realized that they too could follow the ocean routes and reach fabulously rich lands, or at least attack and sack the Spanish ships sailing from America. As it was not possible to attack the Spanish ocean-going vessels openly, it was necessary to fight a private war, in which English sailors were pirates and merchant-venturers at the same time (the so-called sea-dogs). The greatest of the privateers were Sir John Hawkins, who dealt above all in the slave trade, Sir Martin Frobisher, who searched for the Northwest Passage, Sir Humphrey Gilbert, who established in Newfound land the first English colony in North America, and Francis Drake, who attacked Spanish ships with cargoes of precious metals. In his lawless war, he was supported by Sir Francis Walsingbam, one of Queen Elizabeths counsellors, who maintained that only by boldness and aggression could England hope to win a share in the colonial and commercial wealth of the time. It was he, not the more prudent counsellor William Cecil, who persuaded the queen to finance Drake secretly, in exchange for a share in any plunder from his expeditions, thus increasing her meagre revenues. Following his advice, Queen Elizabeth bought a share in Drake’s expedition to the coast of the Spanish do minions on board a small vessel, the Golden Hind, with a crew of about a hundred men. After three years, in 1580, Drake returned to Plymouth across the Pacific Ocean via the Cape of Good Hope with a booty of more than 300,000 pounds. Elizabeth, who had secretly sponsored Drake, took a large share of the booty, and the following year she knighted him. The greatest English privateer had become Sir Francis Drake, and was ready to become the greatest of the English admirals in the open war against Spain. Relations grew worse and worse between England and Spain until the execution of Mary Stuart. At the end of 1588 the Spanish Invincible Armada, made up of heavy ships armed for the old type of boarding warfare, sailed for England, and was met by the English fleet. Inferior in number, hut faster, easier to handle and equipped with large cannons able to fire at long range, the English defeated the Spanish fleet, which was then finally scattered and destroyed by the stormy winds of the Scottish and Irish seas. About half of the Armada was lost. The war with Spain continued till 1603, but it was by this victory that England preserved its independence and assured its future as a great naval power. Research Papers on England, America, and The Invincible Armada English Literature Essay (100 Level Course)19 Century Society: A Deeply Divided EraBringing Democracy to AfricaQuebec and CanadaBook Review on The Autobiography of Malcolm XAnalysis of Ebay Expanding into AsiaAssess the importance of Nationalism 1815-1850 EuropeStandardized TestingNever Been Kicked Out of a Place This NiceGenetic EngineeringHip-Hop is Art

Monday, October 21, 2019

Flyting - Definition and Examples of Flyting in English

Flyting s of Flyting in English A verbal slanging match: a ritualized form of invective in which insults are exchanged. Its as if a verbal space has been cordoned off, says Ruth Wajnryb. Inside this space a sanctioned kind of swearing can take place . . . where taboos are knowingly and legitimately flouted, providing a linguistic and psychological safety valve for a public letting off of steam (Expletive Deleted: A Good Look at Bad Language, 2005). Etymology: from the Old English, argue. Examples and Observations: Although the language is often gross, even grotesque and astonishingly scatological, there is also a certain element of play. . . . [Flyting] is the verbal equivalent of virtuoso sword-play. . . .[In the farce] Gammer Gurtons Needle (acted 1566) . . . we find the new idioms of what the devil, how a murrain [plague], go to, Fie shitten knave and out upon thee, the pox, bawdy bitch, that dirty bastard, the whoreson dolt, for Gods sake, thou shitten knave and that dirty shitten lout. The violent altercations between Grandma Gurton and Dame Chat show the closest affiliations to flyting:Gammer​Thou wert as good as kiss my tail,Thou slut, thou cut, thou rakes, thou jakes,[You whore, you jade, you bawd, you shit-house]will not shame make thee hide thee?ChatThou skald, thou bald, thou rotten, thou glutton,[You scold, you hairless thing, you rubbish, you pig]I will no longer chide theeBut I will teach thee to keep home.​(G. Hughes, Swearing: A Social History of Foul Language, Oa ths and Profanity in English. Blackwell, 1991) The Slanging Match in Henry the Fourth Part One Seventeenth-century playwrights regularly provided their audiences with such contests, knowing that they would be well received. There is the well-known exchange in Shakespeares Henry the Fourth Part One (2:iv) between prince Hal and Falstaff. Hal comments on Falstaffs size and weight, calling him: clay braind guts, though knotty-pated fool, thou whoreson, obscene, greasy tallow catch. He also points out that Falstaff is: a bed-presser, a horse-back-breaker, a huge hill of flesh. Falstaff retaliates by remarking on Hals thinness: you starveling, you eel-skin, you dried neats tongue, you bulls pizzle, you stockfish, you tailors yard, you sheath, you bow case, you bile standing tuck.​(Leslie Dunkling, Dictionary of Epithets and Terms of Address. Routledge, 1990) Playing the Dozens The tradition of ritualized swearing, very much like flyting, continues in a number of places in the modern world. It is perhaps most notable in black American communities, where it is called sounding or signifying or playing the dozens. Variations of this kind of flyting provide social distinctions between in-group and out-group members. But they also act as lyrical cornerstones for much of the anthemic rap (particularly gangsta rap) that defines gang neighbourhoods, including communities of young people from other ethnic backgrounds who admire gang values. . .This style is also called capping and cracking on and is found as well in urban Aboriginal English in Australia.(Ruth Wajnryb, Expletive Deleted: A Good Look at Bad Language. Free Press, 2005)

Sunday, October 20, 2019

Explaining the Start of Apartheid in South Africa

Explaining the Start of Apartheid in South Africa The doctrine of apartheid (separateness in Afrikaans) was made law in South Africa in 1948, but the subordination of the black population in the region was established during European colonization of the area. In the mid-17th century, white settlers from the Netherlands drove the Khoi and San people out of their lands and stole their livestock, using their superior military power to crush resistance. Those who were not killed or driven out were forced into slave labor. In 1806, the British took over the Cape Peninsula, abolishing slavery there in 1834 and relying instead on force and economic control to keep the Asian and Africans in their places. After the Anglo-Boer War of 1899-1902, the British ruled the region as the Union of South Africa and the administration of that country was turned over to the local white population. The Constitution of the Union preserved long-established colonial restrictions on black political and economic rights. The Codification of Apartheid During World War II, a vast economic and social transformation occurred as a direct result of white South African participation. Some 200,000 white males were sent to fight with the British against the Nazis, and at the same time, urban factories expanded to make military supplies. The factories had no choice but to draw their workers from rural and urban African communities. Africans were legally prohibited from entering cities without proper documentation and were restricted to townships controlled by the local municipalities, but strict enforcement of those laws overwhelmed the police and they relaxed the rules for the duration of the war. Africans Move Into the Cities As increasing numbers of rural dwellers were drawn into urban areas, South Africa experienced one of the worst droughts in its history, driving nearly a million more South Africans into the cities. Incoming Africans were forced to find shelter anywhere; squatter camps grew up near major industrial centers but had neither proper sanitation nor running water. One of the largest of these squatter camps was near Johannesburg, where 20,000 residents formed the basis of what would become Soweto. The factory workforce grew by 50 percent in the cities during WWII, largely because of expanded recruitment. Before the war, Africans had been prohibited from skilled or even semi-skilled jobs, legally categorized as temporary workers only. But the factory production lines required skilled labor, and the factories increasingly trained and relied on Africans for those jobs without paying them at the higher skilled rates. Rise of African Resistance During World War II, the African National Congress was led by Alfred Xuma (1893-1962), a medical doctor with degrees from the United States, Scotland, and England. Xuma and the ANC called for universal political rights. In 1943, Xuma presented the wartime Prime Minister Jan Smuts with Africans Claims in South Africa, a document which demanded full citizenship rights, fair distribution of the land, equal pay for equal work, and the abolishment of segregation. In 1944, a young faction of the ANC led by Anton Lembede and including Nelson Mandela formed the ANC Youth League, with stated purposes for the invigorating of an African national organization and developing forceful popular protests against segregation and discrimination. Squatter communities set up their own system of local government and taxation, and the Council of Non-European Trade Unions had 158,000 members organized in 119 unions, including the African Mine Workers Union. The AMWU struck for higher wages in the gold mines and 100,000 men stopped work. There were over 300 strikes by Africans between 1939 and 1945, even though strikes were illegal during the war. Anti-African Forces Police took direct action, including opening fire on demonstrators. In an ironic twist, Smuts had helped write the Charter of the United Nations, which asserted that the people of the world deserved equal rights, but he did not include non-white races in his definition of people, and eventually South Africa abstained from voting on the charters ratification. Despite South Africas participation in the war on the side of the British, many Afrikaners found the Nazi use of state socialism to benefit the master race attractive, and a Neo-Nazi grey-shirt organization formed in 1933, which gained increasing support in the late 1930s, calling themselves Christian Nationalists. Political Solutions Three political solutions for suppressing the African rise were created by different factions of the white power base. The United Party (UP) of Jan Smuts advocated the continuation of business as usual, that complete segregation was totally impractical but said there was no reason to give Africans political rights. The opposing party (Herenigde Nasionale Party or HNP) led by D.F. Malan had two plans: total segregation and what they termed practical apartheid. Total segregation argued that that Africans should be moved back out of the cities and into their homelands: only male migrant workers would be allowed into the cities, to work in the most menial jobs. Practical apartheid recommended that the government intervene to establish special agencies to direct African workers to employment in specific white businesses. The HNP advocated total segregation as the eventual ideal and goal of the process but recognized that it would take many years to get African labor out of the cities and factories. Establishment of Practical Apartheid The practical system included complete separation of races, prohibiting all intermarriage between Africans, Coloureds, and Asians. Indians were to be repatriated back to India, and the national home of Africans would be in the reserve lands. Africans in urban areas were to be migratory citizens, and black trade unions would be banned. Although the UP won a significant majority of the popular vote (634,500 to 443,719), because of a constitutional provision that provided greater representation in rural areas, in 1948 the NP won a majority of seats in the parliament. The NP formed a government led by D.F. Malan as PM, and shortly thereafter practical apartheid became the law of South Africa for the next forty years. Sources Clark NL, and Worger WH. 2016. South Africa: The Rise and Fall of Apartheid. London: Routledge.Hinds LS. 1985. Apartheid in South Africa and the Universal Declaration of Human Rights. Crime and Social Justice 24:5-43.Lichtenstein A. 2005. Making Apartheid Work: African Trade Unions and the 1953 Native Labour (Settlement of Disputes) Act in South Africa. The Journal of African History 46(2):293-314.Skinner R. 2017. The dynamics of anti-apartheid: international solidarity, human rights . Britain, France and the Decolonization of Africa: Future Imperfect? London: UCL Press. p 111-130.and decolonization

Saturday, October 19, 2019

Wal-Mart Essay Example | Topics and Well Written Essays - 500 words - 2

Wal-Mart - Essay Example Wal-Mart has experienced heavy criticism at the hands of several groups and individuals, which include labor unions, workers, and organizations that are smaller in size, environmentalist and organizations. During the period of 2006, Wal-Mart was criticized by the Los Angeles Alliance for a New Economy as they believed that the company was paying 20% less to their employees as compared to the salaries paid by employers of other retail outlets (F. Cascio 1). During the period of 2001, the organization was criticized for paying $800/year less than the poverty line set at $14,630 by the federal government (Hansen 1). Before the death of Sam Walton, the company was operating a total of 1,714 and supercenters and Sam Clubs and the organization has employed 371,000 individuals and was earning a profit of 1.6 billion (Friedman 1). After his demise, the number of stores decreased to 1,647 stores and 1,066 Supercenters, an additional 500 Sam Clubs, and the organization experienced a total profit of $6.6 billion with an increase in number of employees to 1.3 million (Friedman 1). On the surface it seems that the company is performing quite well, but with the death of Walton came in issues regarding unfair labor practices and labor unions forming to clash against Wal-Mart. One of the issues experienced by Wal-Mart is in the area of labor relations. Employees claim that they are paid less than the amount of contribution they make to make the business successful. Wal-Mart itself agrees that its wages are quite competitive and it is one way through which it is saving its cost. As a CEO of Wal-Mart, I would have made changes in this corner. Several changes such as better feedback to employees and fringe benefits can be forwarded to employees to replace the issue of decreased hourly wages. In the field of public relations, the organization needs to ensure that a positive image is created regarding the company. The

Friday, October 18, 2019

1.Discuss whether it can be argued that we all enjoy equal citizenship Essay

1.Discuss whether it can be argued that we all enjoy equal citizenship rights in the UK - Essay Example Citizenship cannot be understood without an active theory of gender relations, and that political citizenship for women destabilizes private male oriented society and the family. Citizenship is about a transition from private to public patriarchy, not only the civilizing of  capitalism. ‘Citizenship’ has become a very popular subject of debate in the last few years, suitable nationally and internationally, by both Left and Right, as well as by feminists. The interest in citizenship is not just in the narrow formalistic meaning of having the right to carry a specific passport. It addresses an overall concept summarizes the relationship between the individual, state and society. [1] In the liberal tradition individual citizens are supposed to have equal status, equal rights and duties, etc., so that principles of inequality deriving from gender, ethnic, class or other contexts are not supposed to be of relevance to the status of citizenship as such. The citizens are therefore constructed not as ‘members of the community’ but as strangers to each other, although they are sharing a complex set of assumptions about and expectations of each other which, when not fulfilled, can be enforced by the state. [1] This self of one has been criticized, however, by the ‘communitarians’ who claim that notions of rights and duties, as well as those of equality and privacy, have no meaning outside the context of particular communities are there with their views. On different grounds, the proponents of republicanism and the individualistic construction of citizenship is highly disappointing. They argue that such a construction of citizenship denies the possibility of citizenship as constituting a membership in a moral community in which the notion of the common good is antecedent to the individual citizenship choice. Liberal construction of citizenship assumes the priority of right over good. Republicanism, on the

Personal Narrative Essay Example | Topics and Well Written Essays - 750 words

Personal Narrative - Essay Example I was not very silly as I used to perform in most of my classes when I decided to. Despite my small body and young age, I used to do things unimaginable to me while at high school. I was known all over St Lawrence Academy for mischievousness. Even the director of the school knew me even though it was very difficult for the director to have known anyone unless he or she was a performer in class and would occasionally meet the director during coffee hours organized by the school in their honor. Mine was a mixture of both, known majorly for bad and partly for academics. If one would tell me that school is a center for transformation, I would agree with him because it is though schooling that I got transformed. I usually had to wait for the opportune times to lay down my targets. This I often did with a lot of surety and accuracy which never missed the targets once laid on their paths. I remember once organizing to lay down the director on his way to school for blackmailing me and my fri ends before the morning assembly. It was an embarrassing moment for me and my friends when the director made the announcement live open before the assembly that we had peed in front of his office at night. We did not know that the director’s office had been fitted with CCTV cameras when we went pee in from of his office for scorning us on the previous assembly. I did not know that I would again come back and work in this school again and be answerable to the man I peed in front of is office. To be liked once again by the man who scorned and rebuked me occasionally before people and made sure that everyone heard about it as he covered my presumed good image with his usual abuses. The director told us to call our parents to school and threatened to dismiss us from the school if we didn’t do so. We called our parents and the director started narrating the story and even produced the cameras showing the slides with our images carrying out our hideous undertaking. It was of course and embarrassing situation before my parents who knew how innocent and hard working young man. My father whipped me for the first time and probably lost trust in me. My mother could not say anything but just kept mum. She did not tell me how bad I am neither did she tell me of anything bad that I ever did even when I went back home after the school had closed that semester. I performed rather well but she never said anything concerning that. I could not configure what was actually going on in her mind, whether she thought I was wrong or right only lay with her. My father is a man who does not hide anything and for any bad done by anyone, he would scorn and punish at the point of the offense. Life with my father was a rather difficult one even though at times we used to appreciate his efforts for making us follow the straight path and for being very friendly at times especially when we did something good. Life however made me change my bad characters and become a good man as I can call it today. I went to college after finishing my high school and life was not just very easy on my side, it was rather rougher than I had expected. The stories of good life and personal control were just amazing and I actually longed for it. Leaving my home for college was just an imaginable, I thought I would have full control over my life, do whatever I wanted at any time. The contrary however awaited me at college. My father almost forgot me and always assume that I am a grown up

Thursday, October 17, 2019

Preferential Liberalization to Trade in Services Research Proposal

Preferential Liberalization to Trade in Services - Research Proposal Example On the hand, the broad possibilities of trade make it easy on the multilateral trade facilitation basing on clarification on the eradication and omitting of the measures which enhance trade facilitation activities. Hence, the economic outlook on the binding norms and standards on important impediments to trade facilitation ended rising to (Mattoo 2002) different question on the border procedures making it hard and challenging. Additionally, the various moves to ease unnecessary costs of the applied rules and regulation of trade facilitation on tariffs. According to the report conducted to encroach on the crucial matters such as health food safety thus, public are created awareness of health and environmental changes towards risks brought by trade facilitation. On the other front, tariffs are regarded as a substitute for border measures that are quantitative limitations on other instruments that are aimed to economic implication on trade. Tariffs are viewed to keep on incurring extra costs, therefore, inhibiting cross-border trade in the course of duplicative and multiplication requirements whereby duplication necessary does not have common results liked the other standards rather they become national laws if enacted. Thus, the varieties of national regulatory prerequisite are in compliance with duplication (Maur 2011). According to researcher Sengupta 2008, he depicted trade facilitation as preferably deal which leads to certain transaction costs and hurling services thus economic transportation cost is reduced due to a steady and fast growth of technology that spends on transportation infrastructure and the cost sustained have been lowered. While in trade facilitation technology advancement has lead to merchandise trade in their value of goods reducing the revenue in early years.  

Computer-Based Crimes Research Paper Example | Topics and Well Written Essays - 1000 words

Computer-Based Crimes - Research Paper Example In this case, monetary reward is the goal of hacking. Some hackers may also hack into a computer system with the aim of revenging. Such a hacker may steal and distribute sensitive information that could hurt the business. During a hacking episode, a hacker may connect to a target computer through an open network. For instance, open wireless connection offers hackers a quick way of attacking a computer system. Hackers can also use exploits to compromise a host and use it to gain access into the target computer. Once the hacker compromises the computer, they are may steal unprotected information from the computers. Phishing Computer-based crimes may also entail wrongful acquisition of data and information about users for the purpose of misrepresentation. Users who have access to computer systems have various identities, which describe the users such s they address or bank details. There are times when criminal attempt to acquire date from users by false means. For instance, criminals c ould dupe users into providing their bank details to a website that appears to be genuine, but not (Onescu, Irea, & Blajan, 2011). With a successful phishing, the criminal may use the data from the user to commit crime or for financial gain such as purchasing items online. Among the many computer-based crimes, phishing has the highest number of occurrences. There are various ways of phishing users online. One common technique is the use of an email that may appear to be from legitimate from a legitimate source. Using such emails, the sender will convince the user to follow a link and perhaps fill some sensitive information into a form and upon clicking the submit button send the information to the user. A typical scenario will be a criminal sending an... This research paper not only describes most common ways that criminals use to steal your data or hack computer system, but also provides recommendations on how to prevent such events and to increase user awareness of computer-related systems. Over year, the number of computer-based crimes has been rising and there are no signs the pattern will change, at least for now. Computer crime refers to any criminal activity where criminals target a computer, or use computers to violate the law. In recent years, criminals have used computers to commit crime such as stealing credit cards from unsuspecting users. With the number of computer crimes growing, there is significant interest on how users can enhance their safety when using computers. This essay describes many issues, that could affect the computer industry with computer-based crime and ethical issues being the chief. Using computers, criminals can commit crimes such as phishing where they capture sensitive user data and possibly misus e them. However, increasing user awareness and using antivirus software can help prevent and mitigate this threat. The researcher states that organizations can implement decision to curb ethical issues such as software piracy where employees copy and install software without purchasing them. Being that those firms deprives software vendors of revenues, purchasing the software and creating awareness is a fair strategy of reducing the practice. This solution align with fairness approach because it allows the developers to earn money while making software firms pay for tools they use to earn money.

Wednesday, October 16, 2019

Preferential Liberalization to Trade in Services Research Proposal

Preferential Liberalization to Trade in Services - Research Proposal Example On the hand, the broad possibilities of trade make it easy on the multilateral trade facilitation basing on clarification on the eradication and omitting of the measures which enhance trade facilitation activities. Hence, the economic outlook on the binding norms and standards on important impediments to trade facilitation ended rising to (Mattoo 2002) different question on the border procedures making it hard and challenging. Additionally, the various moves to ease unnecessary costs of the applied rules and regulation of trade facilitation on tariffs. According to the report conducted to encroach on the crucial matters such as health food safety thus, public are created awareness of health and environmental changes towards risks brought by trade facilitation. On the other front, tariffs are regarded as a substitute for border measures that are quantitative limitations on other instruments that are aimed to economic implication on trade. Tariffs are viewed to keep on incurring extra costs, therefore, inhibiting cross-border trade in the course of duplicative and multiplication requirements whereby duplication necessary does not have common results liked the other standards rather they become national laws if enacted. Thus, the varieties of national regulatory prerequisite are in compliance with duplication (Maur 2011). According to researcher Sengupta 2008, he depicted trade facilitation as preferably deal which leads to certain transaction costs and hurling services thus economic transportation cost is reduced due to a steady and fast growth of technology that spends on transportation infrastructure and the cost sustained have been lowered. While in trade facilitation technology advancement has lead to merchandise trade in their value of goods reducing the revenue in early years.  

Tuesday, October 15, 2019

Policy making in carbon capture and storage Essay

Policy making in carbon capture and storage - Essay Example CCS is very attractive because it has the capabilities of enabling the biggest global economies to utilize abundant and cheap coal resources. The coal usage is without releasing large volumes of carbon dioxide in the atmosphere. There are four key policy recommendations that can enhance the widespread adoption of CCS in the United States. Firstly, the United States federal government should provide subsidies to enhance commercial scale CCS. The subsidies should cater for several approaches of geological storage. Though CCS can be a profitable venture, the government should provide assistance during the short term to illustrate the technology at commercial levels. The government support should also cover several costs, like expenses involved in independent monitoring of the CCS projects. Grants are needed to support the financing of the present PC plants that have the post combustion capture processes. The awards should cover only part of the expenses in the CCS projects; this is because the projects possess several factors that ensure economical benefits. For instance, accelerating state subsidies for the CCS

Monday, October 14, 2019

Comparing coverage in the independent Essay Example for Free

Comparing coverage in the independent Essay This analysis contrasts and compares a broadsheet and a tabloid newspaper. I chose to compare The Independent with The Mirror. The analysis involves a general comparison, and also a more detailed evaluation of one news item that appears in both papers. If we examine the front cover of each paper to begin with, we notice that there are differences. The title of The Mirror is around 1/10th of the page, whilst The Independent title is approximately 1/16th. The font used for The Mirror is relatively modern in appearance, using sentence case with black outline and white fill. In comparison, the font for The Independent is more traditional, using black bold capital letters. The title also contains the logo on the left hand side. The price for The Mirror is 32p and this is presented in bold text at the bottom right hand corner of the title. The price for The Independent is also found in this location, however the text used is extremely small and the cost for this paper is 50p. The difference in price could suggest that each paper is aimed at a specific audience. This suggests that a paper like The Independent maybe targeting a more professional consumer, in a higher pay band. Another difference is in the placement of the bar code, in The Mirror it is found on the back page, whereas in The Independent it can be found near the bottom right hand corner, of the front page. This shows that The Independent is a larger paper and has enough room to put the bar code on the front page, it does not add or subtract from the news articles. Layout is important in any newspaper, the front page is the first impression the audience gets. The majority of newspapers attract their audience through a lead story. The Mirror has only one main story on the front page. The headline is presented in large capital text, with a slightly more explanatory sentence underneath. This takes up just under one half of the page, and in terms of story detail, there is only a small area comprising five paragraphs. Readers are told to turn to page 4 to continue reading. The other half of the front page is made up of a photograph that reflects the main storyline. Exactly the same photograph is found on the front page of The Independent, however it takes up around one quarter of the cover page. The story is summarised in one sentence beneath the photograph, and the readers are referred to page 8 to continue reading. In addition to this main story, The Independent provides significant discussion relating to four further main stories. In fact, there is a great deal of text used for each of the stories; hence the reader is immediately faced with a lot of reading material. It is worth noting that The Independent also has several other features on the front cover, that are not found in The Mirror. These include, a coloured advert that is found at the bottom of the page, and takes up around 1/7th of the front cover. At the very top of the page, the paper advertises a specific article, and attracts the reader by presenting three questions and also shows a picture of the writer who is going to comment on the issues. The other feature is a small summary of Todays Weather that includes some text and a representative image. Faced with the two papers, The Independent appears to be aimed at a more intellectual audience, the sheer volume would put a less intellectual audience off reading. The Mirror appears to be more simplistic and the story is shorter in length and is also told through the images. Another reason for buying The Mirror could be that the audience wish to absorb the main news in brief whilst in transit. The number of pages in The Mirror totals 64, whereas The Independent has 30. However, The Independent provides two additional supplements, and is also twice the size of The Mirror. The Mirror basically aims to entertain the readers. In contrast, The Independent is essentially an educational paper. This key difference can be seen when looking at the overall content of the papers as follows. A whole range of entertainment features can be found in The Mirror. These include cartoons, quizzes and word search. Additionally, the paper has adverts on almost every page, and there are many photographs including glamorous and fun photographs. A whole page is dedicated to horoscopes and the paper offers 9 sports pages. The paper provides very few articles on serious current events, and concentrates more on gossip type news. The content of The Independent is very different. The paper comprises news and discussion of world events, along with a range of articles that focus on such things as education, the environment, politics and economics. There is a lot of business information such as stocks and shares, exchange rates and interest rates. In contrast to The Mirror, there are only 5 sports pages, and there is only one crossword, found in one of the supplements rather than the main paper. The target audience for The Mirror is working class, and people who are not interested in intellectual debate. This contrasts with The Independent as this broadsheet paper clearly aims to attract readers from a higher social class including people from the business and academic world. Apart from the content as previously discussed, there are several other points, which clearly show that the papers are aiming to attract different types of readers. The papers use a different style of language to attract their audience. The Mirror uses casual terms, colloquialisms and even slang UK reels as Yanks stay put. It uses word play stop this sick compensation agrichculture, and alliteration Rape Rampage and Dyer Disgrace Four sizzled soccer stars sent home. The storylines aim to shock the readers Saw suicide husband moves in with lover, and the language is often someones opinion unfair, Mr Blair. However, The Independent tends to use formal language and presents facts rather than opinions, for example Blair clocks up 40,000 miles on his travels. It gives figures and statistics to back up the stories visits to Britain slumped by 17% in the last month, almost 70,000 fewer tourists visited, according to the Office of National statistics. Much of the political debate provides ministerial quotes Duncan Smith: Health service is deteriorating. Looking specifically at the chosen article with the aim of exploring the differences between the two papers, the story relates to current world events associated with the terrorist situation and with problems that have occurred with Concorde in the past. As an outcome of the terrorist attacks, many people have been afraid to fly and the story focuss on the fact that the Concorde Alpha Echo, had its first commercial flight from Heathrow to New York since being grounded in August last year. The story features as the only main story on the front page of The Mirror, and is featured alongside four other main front page stories in The Independent. As mentioned previously the photograph on both front pages is exactly the same, and shows Concorde about to take off. The image compounds the story, and in some ways tells the tale without any words. The title for the story on the front page of The Mirror is COWARDS, and appears in large font. However, The Independent simply presents a sentence PUT IN SENTENCE FROM PAPER HERE! , which provides a brief factual summary about the flight, take off. This is found underneath the photograph. Immediately one can see that the title in The Mirror is judgemental and confrontational, whereas the term used in the The Independent is more objective. The Mirror introduced the story as an EXCLUSIVE and stated Hollywood stars too scared to fly were branded gutless cowards, by British Airways boss. This reinforces the negative and opinionated mood of the article as already established in the headline. In contrast the opening sentence in The Independent was much more positive, stating that Sting the pop star was amongst the 90 VIPs who joined the flight. This once more shows the upbeat approach used, which contrasts with the more antagonistic approach used by The Mirror. The description of the food and drink in The Mirror inferred that the stars were indulging in unnecessary expensive items Some more vintage Krug, Mr. Morgan? . Whereas The Independent played this down and introduced some humour into the article with the dignitaries toasted the rehabilitation of the Concorde with vintage Krug champagne and Maine Lobster albeit eaten with plastic cutlery. Another difference can be seen in the descriptive language used by the papers. The Mirror describes the take off using an analogy associated with thrill rides Take off is like something on an Alton Towers ride. The Independent uses much more creative style it is just so aesthetically pleasing, such direction and poise. The Mirror also describes New York in terms that aim to shock, and uses emotive language to do this anthrax-ravaged, terrorist torn New York, whereas The Independent focuss more on such emotions as patriotism. Another example of the more down to earth colloquial terms used by The Mirror is where the writer discusses safety, and this is presented as I was frisked more thoroughly than I have ever been frisked before, the message being driven home by using the word frisked twice. The Independent talks more in terms of safety checks and the grim reality of terrorism, rather than using the more tactile description used in The Mirror. In conclusion, the two papers contrast significantly. Whilst to some extent they cover the same main stories, the presentation, the language, the descriptions and the way in which the stories are told use totally contrasting techniques and styles. This aims to suit the audiences for which the papers are written.

Sunday, October 13, 2019

The US and UK takeover regulations

The US and UK takeover regulations A takeover of a public company is the purchase of one company whose shares are listed on a stock exchange by another. Empirical evidence on takeovers suggests that they generally create value. The question is why have the UK and U.S- two countries with ostensibly similar systems of corportate governance taking different routes when it comes to regulating takeovers. A rich analysis draws from each countrys historical development, focusing on the shareholder-oriented regulations in the UK and the defence managerial tactics employed in the U.S. This paper would critically analyse the views of the writers of the Divergence of U.S and UK Takeover Regulation written by Armour and Skeel JR, both well seasoned Professors of Law, a thorough analysis would be made of hostile takeovers and the reasons why takeover tactics in the UK is regarded as a better option. An analytical framework would be used explain the diversity in the systems of takeover in the UK and the U.S. subordinate lawmakers such as Judges have had the herculean task of filling the unintended vacuum and consequences of legislation in the two countries that had other objectives at the time of enactment. An examination of the way regulations took shape in the UK and the U.S as the goal is to gain an understanding of the defensive tactics adopted and used frequently in the U.S but is frowned at and has dire consequences if adopted in the UK. Earlier case examples from each jurisdiction would be analysed to gain understanding of why different takeover regulations are used. In the UK, defensive tactics by target managers are prohibited, whereas in the U.S, Delaware law gives managers a good deal of room to manoeuvre  [1]  . The primary focus of this essay is to provide a simple yet thorough framework to understanding defence tactics, what it is; why it is so successful in the U.S and is prohibited in the UK. Clearly the two ways of takeover regulations appear to work fairly well in each jurisdiction and despite the authors of the articles view one must never forget that because the UK methods seem more share holder oriented and works very well, it does not mean there is any anything wrong with the method used in the U.S. In a takeover bid, accounting and law firms are hired to conduct Due Diligence- Lawyers review contracts, agreements, leases, current and pending litigation and all other outstanding or potential liability obligations so that the buyer can have a better understanding of the target companys binding agreements as well as overall legal related exposure. The facilities in the company and capital equipment also need to be inspected so as to avoid unreasonable expenditures in the first few months of acquisition  [2]  . The first section of the essay would look at an overview of the history of business law development and corporate governance in the UK and the U.S. the takeover development and institutional responses to them. The second part looks at the US and UK takeover regulations and their differences. Also legislation that have been implemented and the fact that despite legislation, subordinate lawmakers make rules that govern the process of takeovers. Who are these subordinate lawmakers and why do they appear to have so much discretion as to what becomes a rule? They include a diverse range of characters from Judges to interest groups (Institutional investors). The identity of the subordinate lawmaker, in turn has major consequences for both the substance and the enforcement of the regulatory rules  [3]  . Various case examples would be used to explain the difference in takeover methodology in the UK and the U.S, objectives of takeovers, the disciplinary hypotheses of the importance of ta keover regulations. Finally, proposed reforms in the US and UK and a conclusive summary on the issues of hostile takeover tactics. History The UK and the US are distinguished from other jurisdictions based on their high levels of takeover activities; in contrast Europe has a little or no market for corporate control (Franks and Mayer, 1996). The UK does not have the federalist structure of the U.S which does not allow room for corporate managers to exert influence. In the U.S the Delaware jurisdiction became the sole source of rules on takeovers more so, hostile takeovers. The U.S takeover regulations give target managers discretion to defend a bid whereas in the UK the shareholders make the decision. Delaware have a monopoly and is home to about 60% of the largest corporations in the country. Due to the amount of tax and other benefits that Delaware State enjoys from these corporations the State is attentive to the managers needs and the state lawmakers have an incentive to keep the managers content. The Legal rules have to be amenable so that unprecedented cases can be brought cheaply and quickly after has been a chan ge in business practices so as to allow the precedent cases to be developed and updated. The Delaware takeover doctrine was firmly established in the 1990s- that US institutional investors became a significant force in corporate governance  [4]  unlike their UK counterparts that embraced the importance of the concept of institutional investors. Corporate takeovers tend to improve not only the stock prices of the companies involved but also the stock market overall. Although there is a substantial increase in the targets companys stock price, the outcome for the acquirer and the market over time however is considerably negative. Also some ill-fated takeovers turn into an embarrassment for the parties involved for example the merger in 1996 of San Francisco banking giant Wells Fargo and its Los Angeles rival First Interstate Bancorp in an $11.6bn hostile takeover, the merge led to many of the latter companies executives leaving, account errors appeared in the companys account and the problems were visible to the customers. In the UK, lawyers play a relatively little role in takeover bids, complaints and law suits are made to the Takeover Panel located in the London Stock Exchange building. The Takeover Panel includes representatives from the Stock Exchange, the Bank of England, major merchant banks and institutional investors  [5]  . The Takeover Panel is a body that administers a set of rules known as the City Code on Takeovers and Mergers. The Panel and the rules were self-regulatory until around 2007 when the EU directives have been implemented into the UKs regulations and have a statutory underpinning designed with the objective of maintaining the characteristic features of the Panels approach, which is based on self-regulation. In the U.S however, takeover regulations are moderated principally by the Securities and Exchange Commission which ensures that disclosure and process rules are adhered to. A managers response to a takeover bid in the U.S is regulated primarily by the Delawares Chancer y Judges and Supreme Court- the key players here are lawyers and judges. U.S takeover Takeover offers are regulated under the Williams Act Amendments to the Securities and Exchange Act (SEC) 1934. The act was created to provide governance of securities exchange in the stock market, all the companies listed on the stock exchange must follow its requirements. The SEC is regarded as relatively share-holder friendly, however managers are known to sometimes adopt a hostile approach to takeovers and they adopt defence mechanisms such as poison pills or shareholder right plan which are designed to ward off a hostile bidders stake particularly if the bidder acquires more than a specified proportion of target stock, usually 10-15 percent. The poison pill is a defence tactic that allows companies to thwart hostile takeover bids from other companies, examples of the poison pill include Flip-over Rights Plan, Flip-in Rights Plan, poison debt, voting poison pill plan etc. The managers of a company that use the poison pill defence and a staggered board of directors have almost complete discretion to resist an unwanted takeover bid, the poison pill is a method that is slowly declining in the last couple of years. The U.S tender offers are generally not share holder friendly, in the case of Atmel Corp a maker of microchips used in video game controllers, successfully defeated a challenge by investors using the poison pill tactic. Some shareholders who sued over the failed buyout by Microchip Technology Inc stated that the revisions made by Atmel were vague, a Delaware state judge rules in Atmel Corps favour. State statute such as Section 203 of the Delaware General Corporation Law furthers the federal policy of investor protection. It was enacted to protect shareholders from the coerciveness of two-tier offers by preventing the offer unless the targets board of directors and in some instances the shareholders approves, the legislation has been successful in stopping such coercive practices. Section 203 also gives target boards some authority in resisting unwelcome, under priced tender offers that are not beneficial to shareholders. In the BNS Inc v Koppers Co., the U.S District Court explained that Section 203 does not stop the aims of the William Act even though it may give target boards significant advantage in preventing un-solicited takeovers. To the contrary, the statute may have substantial deterrent effects on tender offersà ¢Ã¢â€š ¬Ã‚ ¦so long as hostile offers which are beneficial to target shareholders have a meaningful opportunity for success. Section 203 does not have to let bad offers succeed to be constitutional, and in fact, if it did let bad offers succeed, it would frustrate, and not further, the Williams Acts purpose of investor protection. In BNS , the district court concluded that, on this record, the statute appears to offer hostile bidders the necessary degree of opportunity to effect a business combination and upheld the statute  [6]  . Another example is the recent April 2011 hostile takeover battle in the U.S between Tenet a hospital chain resisting a $7billion takeover by rival Community Health Systems. Tenet filed a lawsuit stating serious allegations that Community Health Systems is an unfit acquirer because the company has been systematically defrauding Medicare, evidence to support Tenets claim was provided. Not only is this allegation posed to resist a takeover, it can also potentially damage the reputation of Community Health Systems. This case ranks high in the pantheon of aggressive counter punches. The health care in the U.S remains the most targeted industry since 2009 with $179.1bn; accounting for 22.9% of total U.S targeted volume  [7]  . Another case example was AOLs purchase of Time Warner for $164bn at the height of the internet mania; it remains the largest corporate merger in American history  [8]  . Bidders are more likely to enter into negotiations with the targets board which results in a friendly transaction than them making a hostile offer directly to the shareholders. UK Takeover In contrast to the U.S, the UK takeover regulation is shareholder oriented. Managers in the UK are not permitted to make use of any frustrating defence tactics when there is a takeover bid without the shareholders permission unlike their U.S counterparts. The Takeover Code only becomes relevant when there is a bid therefore managers can take advantage of less stringent ex ante regulations well before any takeover bids come to light  [9]  . J.Armour, D.A. Skeel, JR, in their article; The Divergence of the U.S. and UK Takeover Regulation state that the UKs ban on defensive tactics by managers clearly makes it easier for hostile bids to succeed. It is bewildering to find that while the U.S adopts defence tactics measures, figures show that hostile takeovers are less likely to succeed there than in the UK. Case Examples in the UK In Jan 2010, Cadbury ended its nearly 200 years of independence after it was acquired by Kraft, a U.S food giant for 11.9bn pounds. The acquisition led to media frenzy and revived concern over the UK slowly becoming a so-called branch office for foreign companies, the UK Government was powerless to protect Cadbury, a heritage and one of the oldest companies in the country from foreign investment. The financial times stated in a article that erecting barriers is not the answer, the key to solving the problem of foreign business moving their head offices to more favourable jurisdictions is to make Britain an appealing business location, with a skilled workforce and a predictable tax regime. Another case example is the Vodafone-Mannesmann acquisition in 2002 which is still referred to a lot by economists and critics. There have been concerns that hostile takeovers can take place provided that there is a simple majority vote from shareholders. The Government wants reforms to change this to two-thirds of shareholders and the bidders must be subject to the same rules. Figure 1 below shows that the performance effects of takeovers differ by industry, some industries such as insurance companies have a higher number of takeover bids as opposed to banks that have a lower number. Figure 1 Beneficial Ownership of UK shares end-2008 (Source: Office of National Statistics, Share Ownership 2008) Difference between the US and UK takeover regulations The most significant difference between the two countries is not the substance but the mode of regulation. The U.S depends on formal law such as the Delaware law while self-regulation is the norm in the UK. In the Kraft-Cadbury takeover in the UK there was an outcry for change in the regulation as Cadbury was unable to defend itself to the same extent as a US company in similar circumstances, control decisions were made not by the directors but by short term investors. Leading U.S law firms such as Wachtell, Lipson and Cravath that specialise in Mergers and Acquisition (Hereafter MA) oriented practice generate significantly more revenue per lawyer than their UK counterparts. Importance of Takeovers- Disciplinary Hypothesis A takeover is sometimes used as a measure to restructure poorly performing companies. Critics and economics have long argued that the likelihood of competition in capital markets and the threat of a takeover is an incentive to discipline self-interested managers. Many writers have suggested a ban on the defence takeover tactics used in the U.S, such as the poison pills, golden parachutes and white knights- stating that these tactics more often than not are used purely for the managers/directors self interest. There have been numerous attempts by the Congress to set up legislative measures to prevent this out right abuse of power by the company managers and to protect the interests of the shareholders. There are however two hypotheses for the purpose of these defences: the shareholder hypothesis (SIH) and the management entrenchment hypothesis (MEH). The SIH is used purely to keep and satisfy the interests of shareholders whilst the MEH is used by the managers/directors of the company intended to be takeover to act in the interest of the shareholders for fear of losing their jobs if the takeover is successful, the end result of the MEH is usually that the shareholders would lose out on takeover premiums that the offeror would have paid. This leads one to question whether the managers pursuing their self interests is a breach of their fiduciary duties to the company and its shareholders, as they have a duty to act in the best interest of the company first and foremost. The managers may use the argument that the two hypothesis work together and that the main reasons for the defence tactics is not for their self interest but to maximise the wealth of the shareholders, a valid argument I daresay, both conflicting views are obviously utmost in the strategies of the management in a takeover power tussle. In the U.S the courts when determining whether a company management is in breach of its fiduciary duties look at the Business Judgement Rule- which provides that a court should evaluate decisions by directors to employ an anti-takeover defence in the same way as they would evaluate any other business judgement  [10]  . Basically anti-takeover defence tactics must be reasonable in relation to the threat posed and made in good faith. If the companys corporate value or shareholders interest could be harmed due to the acquisition of its shares by a specific person or group, the company needs to take substantial measures to raise corporate value and secure shareholders interests to the extent permitted by laws, regulation, and the companys Articles of Incorporation  [11]  . In the UK, the takeover code states in Rule 19.1 that public criticism is one of the disciplinary measures available to the Panel. Rule 19.1 states that each document or advertisement published or statement made, during the course of an offer must be prepared with the highest standards of care and accuracy and the information given must be adequately and fairly presented  [12]  . For example in the Kraft takeover case of 2010, the company promised to keep operational some Cadbury factories, but failed to do so, this led to a public criticism from the press and the Takeover Panel. OBJECTIVES OF TAKEOVER Takeover or merger, in practice, depends upon the motives of the persons behind such move. Generally, the following types of decision limit their choice for a particular firm in which takeover or merger activity could be organised: (1) Acquisition of shares in the target company; (2) Acquisition of the assets of the target companys undertaking; (3) Acquisition for full or part ownership of the target undertaking; (4) Acquisition for cash or for shares or other securities of the Offeror Company or combination of cash and variety of securities; There is not one single reason for a takeover but a multiple of reasons cause which are precisely discussed below: Synergistic operating economies: It is assumed that existing undertakings are operating at a level below optimum. But when two undertakings combine their resources and efforts they with combined effort produce better result than two separate undertakings because of savings in operating costs, combined sale offices, staff facilities, plant management etc which lower the operating costs. Thus the resultants economies are synergistic operating economy. These gains are most likely to occur in horizontal mergers in which there more chances for eliminating duplicate facilities, vertical and multinational mergers do not offer these economies. Diversification: Takeover are motivated with the objective to diversify the activities so as to avoid putting all the eggs in one basket and obtain advantage of joining the resources for enhanced debt financing and better service it shareholders. Such takeovers result in conglomerate undertakings. But critics hold that diversification caused takeover of companies does not benefit the shareholders as they can get better returns by having diversified portfolios by holding individual shares of these companies. Taxation advantage: Takeover take place to have benefit of tax laws and company having accumulated losses may merge with profit earning company that will shield the income from taxation. Growth advantage: Takeovers are motivated with a view to sustain growth or to acquire growth. To develop new areas becomes costly, risky and difficult than to acquire a company in a growth sector even though the acquisition is on premium rather than investing in a new assets or new establishments. (http://jurisonline.in/2011/03/takeover-a-critical-analysis/ Assessed 12th April 2011) Reforms in the UK There was an urgent need for reforms in the UK takeover regulation after acquisition of Cadbury by Kraft. The following are some of the proposed reforms. Proposals to give target companies more protection under the Takeover Code The Government wants the simple majority vote by shareholders to be changed to a two-thirds of shareholders in other to ensure that as many shareholders as possible are supportive of the takeover. The prohibition of any offer related arrangement e.g implementation agreements Reducing the put up or shut up deadline from 2months to 28days- This means that a potential bidder must announce a firm intention to make an offer, declare no intention or ask for an extension of the deadline. If no bid is announced the bidder is excluded out of the market for six months. There have been criticisms that the 28day period is not enough time for bidders to undertake due diligence and arrange financing. Detailed disclosure of advisory fees- there is no requirement at the moment under the Takeover Code for advisory fees to be disclosed. It is intended that any offer-related fees be disclosed in the offer document and targets response. This includes legal advice, accounting and consulting advice, broking advice etc. The proposal disclosure changes are not controversial and in fact tally with the current system in the U.S. Greater disclosure of debt facilities and other instruments to finance an offer- a bidders financing arrangements should be disclosed in any offer documents. This need for transparency and accountability may be prompted due to the recent financial crisis in the UK Provision of better protection of the interests of employees of the target company These proposals were made in March 2011 and a consultation period is open until the 17th of May 2011 after which the UK Panel will then issue a statement with the final version of the amendment, the amendments will be adopted into the UK Takeover Code later in the year  [13]  . Conclusion Even before the financial crisis there have been fundamental reassessments of the value of takeovers in the UK and the U.S. Since the financial crisis most board of directors and managers have been more concerned with running their businesses and staying afloat than with chasing expansion through takeovers. This factual point is true when the probability of a successful merger is far less certain, as in hostile takeover attempts. A hostile takeover presents executive board leaders with unique organisation and people challenges. It is often very difficult to overcome the challenges of acquiring and integrating an organisation and people especially after a hostile takeover. Times like this need a higher level of strategic thinking, flexibility and innovative problem solving  [14]  . This paper finds that the UK takeover regulation despite its numerous advantages is prone to hostile takeovers due to its compliance with upholding the interests of shareholders, while this hostile takeovers act as a form of disciplinary function by restructuring poor performing companies and improving their performance, evidence above stated shows that hostile targets in most cases experience a significant decline in profits and share returns in the first year of acquisition. Despite the criticisms of the U.S system of regulation, hostile takeovers are in decline due to the level of discretion given to the executive directors and managers by the legislation that provides antitakeover regulations that are enshrined in the corporate charters and/or state legislation. Also in a self regulated system like the UK, institutional investors who own majority of the shares in UK quotes companies shaped the Takeover Code. BIBLIOGRAPGHY http://www.guardian.co.uk/business http://www.mallesons.com/MarketInsights/marketAlerts/2011/UKPanel-Takeover-Code-Reforms/Pages/default.aspx John Armour, Jack B. Jacorbs Curtis J. Milhaupt, The Evolution of Hostile Takeover Regimes in Developed and Emerging Markets: An Analytical Framework, 52 Harv. Intl L.J. 219 (2011) J Coffee. Regulating the Market for Corporate Control: A Critical Assessment of the Tender Offers Role in Corporate Government, 84 Columbia Law Review 1145 (1984), copyright Columbia Law Review Association, Inc. T I Ogowewo. The inequality in takeovers, Journal of International Banking Law and Regulation 178 (2008), reproduced by permission of the publishers, Sweet and Maxwell Ltd Dolbeck, A. Hard to Swallow: Poison Pills on the Decline Weekly Corporate Growth Report, 22nd March 2004, 1-3 Hermalin, B.E Weisbech, M.S., 1991. The Effects of Board Composition and Direct Incentives on Firm Performance, Papers 91-02, Rochester, Business-Financial Research and Policy Studies. J.H.Farrar, Business Judgement and Defensive Tactics in Hostile Takeover Bids (1989) 15 Can. Bus. L.J. 15 at 22 http://www.complianceweek.com/s/documents/DealogicGlobalReview.pdf (assessed 18th April 2011) Does Delaware Law Improve Firm Value? by Robert Daines. Journal of Financial Economics, Vol. 62 (2001) http://www.investopedia.com/articles/stocks/07/buyside_m_and_a.asp (Assessed 18th April 2011) Morck,R., Shleifer, A., Vishny, R., 1990. Do Managerial Objectives drive bad acquisitions? Journal of Finance, 31-48 http://www.cbr.cam.ac.uk

Saturday, October 12, 2019

Free Merchant of Venice Essays: Injustice :: free essay writer

The Merchant of Venice is horrid, cruel, and one of the most popular plays of Shakespeare. After a close reading of the play, I find it impossible to think of Shylock negatively; he is just better quality stuff than any of the Christians in the play. The Christians are truly vile, heartless, money-grabbing monsters, and when Shylock makes his final exit, destroyed by defeat, one should sense that our Christian brothers are at last completely ashamed of themselves. I was hesitant to have anything to do with The Merchant of Venice after I first read it; all possible intrigue had dissolved as I read passages such as the following: "He hath disgraced me and hindered me half a million, laughed at my losses, mocked my gains, scorned my nation, thwarted my bargains, cooled my friends, heated mine enemies, and what's his reason? I am a Jew. Hath not a Jew eyes? Hath not a Jew hands, organs, dimensions, senses, affections, passions? ...If you prick us, do we not bleed? If you tickle us, do we not laugh? If you poison us, do we not die?" (III.1.49-55, 58-60) This passage tears at my very soul!!! This play was to me a biting farce written to satisfy a bloody crowd. While researching for this paper, I found two seemingly opposing facts about The Merchant of Venice - the Shakespearean play which have sparked the most controversy. This play is the most controversial and the most studied play in Israel. It is difficult to understand how this play could be beloved by the very people who are struck down. Apparently there are various readings of The Merchant of Venice which I had not considered. Perhaps the play is neither pro-Jewish, nor pro-Christian. Sure, Shylock is painted as a money-hungry Jew throughout the Merchant, "My daughter, O my ducats! My ducats, O my daughter!" Shylock is enraged his daughter has eloped with a Christian, but perhaps he is more concerned with the fate of his money. Antonio, a Christian, has borrowed money from Shylock and refuses to pay it back. Here the reader may find a Jew-hating man who publicly spits on Shylock, and suffers from the grief of an unfullfilled homo-erotic relationship.

Friday, October 11, 2019

National Hero Dr. Jose Rizal Essay

The life, works and writings of Dr. Jose Rizal is the most worthy to honor him our foremost National Hero and he was acknowledged to be â€Å"The Greatest Malayan†. Today, we enjoy more freedoms and material advantages, all thanks to the revolutionary heroes like Rizal, who led them all in the nobility of his character and life, the applications of his talents, and utmost sacrifice of his life. In an act of political martyrdom which he faced with serenity and dignity that converted even some of his enemies to his cause, Rizal destroyed the moral authority of the Spanish Empire in the Philippines. Besides, Rizal in his many travels abroad, they have come to appreciate our nation more. It is really difficult to compare heroes. But, even using different yardstick, like who was the one that succeeded in fighting for our freedom, then we shall have to admit that Andres Bonifacio failed against the stronger armies of Spanish and America, respectively. Now, as for Rizal, who used the pen (a weapon mightier than the sword), he waged a non-violent crusade and suffered political martyrdom. Now and then we come across some Filipinos who venture the opinion that Andres Bonifacio and not Jose Rizal, deserves to be acknowledged as our first National Hero. but, as far as what we know Rizal never held a gun, a rifle or a sword in fighting for the liberty of our country in the battlefield. His consuming life purposes was the secret of his moral courage, physical courage, was one of his inherited. But the high courage to die loving his murderers, which he at last achieved that cannot be inherited. By his writings of his Novel (NOLI ME TANGERE) which awakened Filipino nationalism and paved the way for the Philippine Revolution, he proved that the pen is mightier than the sword, and because in this writer’s humble opinion, no Filipino has yet been born who could equal or surpass Rizal. Lastly, the most admirable was his complete self-denial, his complete abandonment of his personal interest in order to think only of those of his country. Prepared by: Crestian D. Ras REACTION PAPER Income Taxation Taxation is a system by which a government takes money from people and spends it on things such as education, health, infrastructure, agriculture, and defense. Taxes are the lifeblood of the government. It is therefore necessary that they collected on time to defray the government expenses. It is a compulsory obligation by any individual who are resident on a particular community conducting such obligation. In terms of the distribution of taxes, and of the amount contributed by a taxpayer, the government imposed normal tax rate on individual taxpayer depending on its income. Besides, the government gives personal and additional exemptions to the taxpayer in order to reduce its contribution in taxes. For instance, the head of the family was given a privilege to deduct 50 000.00 pesos from its compensation as his personal exemption and with a minimum of four children as his additional exemption with the amount of 25 000.00 pesos each. In addition, it is important to file on time or in advance rather than to be delay in order to avoid surcharges, interest and other penalties. And it is to be noted that the late filling and payment is considered as one violation as long as the filling and paying to wrong Revenue District Office is another violation.

Thursday, October 10, 2019

Teenage Hypocrisy

At no other time In life does a person feel more insecurity than during teenage. We are erratic and inconsistent. Our character is in the process of being formed but it is far from being finished. The terrific insecurity produces the need to be accepted, respected and trusted. It is then that hypocrisy in its most innocent and faultless form takes birth because of our craving for these desires. But slowly as we continue to take this horrific curse of adolescence as a blessing, hypocrisy becomes our second nature. Almost involuntary. Think that at least once in our lives we all try becoming someone.Or try to pretend to be someone we are not. Just to be accepted. Just to fit in. But very rarely do we teenagers stop and think about what we are actually doing. About how we are losing our real selves while trying to be someone else. Someone we will never be. More importantly someone we don't have to be. I think that at this tender age we fear to stand alone or to be left out. So we do eve rything we can to walk with the crowd. We try to cluster together in groups and fit ourselves into perfect moulds. It is however like jamming square nails in round slots. What we need to understand is the fact that there are no moulds o fit into.We all are individuals with different interests, hobbies, point of views, opinions, beliefs and priorities. We should never have to change ourselves or impersonate to be accepted. The type of things we do these days just to be accepted are in my opinion absurd! We conceal too much. We lie too much. We fake too much. All of us typical teenagers seem to have an unwritten set of rules and ethics that rule our lives. One often is to never say anything that may even be remotely offensive to anyone in your presence with the exception of profuse profanity. But the important thing is that you onto need to do this.In a few years when you look back to reassess the decisions you made and the things you did, you will realize how ridiculous your needs we re. How you couldn't see the reality through the fog of immaturity. Trust me that popular group you trying so hard to be a part of is not worth losing yourself. And can tell you that the people who you think love you right now, won't even matter in a few years. You are bound fall apart as soon as the mask of hypocrisy falls, even if it is by accident. This is because we are never actually giving anyone a chance to know our real selves and to understand and accept us for who we actually are.Adolescence is a developmental phase which is prone to hypocrisy. So this teenage hypocrisy is a phase we all are going through or will be growing through. To a large extent teenage hypocrisy is a function of those expectations of adults and peers which conflict with our own feelings and desires. So is important to remember who we are and where do we want to be. And to grow out of this phase of regrets. Unfortunately some of us usually end up believing that hypocrisy is vital to survive in this wo rld of frauds and lies. But that's not true.It is important that we accept ourselves and understand that our individuality is not going to isolate us but rather give us a chance to welcome those people in our lives who will accept us for who we are and not for who they think we are. So stand for what you believe in, state what you really feel and don't worry about what others will think. In a nutshell all want to say is that don't ever change yourself for anyone or anything. That person you are trying to be is not half as awesome as you are. Learn to respect you uniqueness. Because you are one of a kind.

Cigarettes

This, perhaps, is the most and only logical reasoning behind the lasting Of the cigarette industry. However as the product develops and more information is exposed to the public, calls to end the public distribution of cigarettes have grown louder and spread into the world of politics more and more prominently (Strobe). In order to help improve the health of people and to abide by moral standards, cigarettes should be legalized. When cigarettes were first introduced, they became extremely popular, primarily due to the addictive traits of the chemicals in the smoke.However, his had been a time before further research revealed an astounding number of other harmful chemicals within each cigarette, including components found in rat poison and house cleaning agents. Furthermore, not many had known of the existence of tar and nicotine, which cigarettes are known to create and contain a lot of, respectively. Tar build up is now commonly known to be a leading cause of health problems in ciga rette users, and nicotine is known as the addictive, artery-sealing leading component in cigarettes. Even further than the harm being done to smokers, second-hand smoke is also an absurdly active health problem.The effects of second hand smoke are exemplified by the fact that the damage done by this source IS done to non- smokers, punishing those who chose not to use cigarettes. Banning cigarette use will undoubtedly increase the overall health of the American people, even if the former smokers believe they are suffering. Another point to be observed in the existence of cigarettes as a commercial product is the moral aspect of it. Tobacco companies are completely aware of all the health risks imposed on smokers, yet they merely see their customers as income.Tobacco companies intentionally use extremely toxic chemicals simply to increase the addictive qualities of their product, completely disregarding the value of human life for the value of their economic sustainability. Advertisin g by tobacco companies are also morally wrong, as recently it has been observed that certain advertisements are meant to target younger groups. This is meant as a marketing strategy, as getting younger customers â€Å"hooked† means a longer lasting stream of income from a large group of individuals. This is yet another example of the inhumanity displayed y tobacco companies.While their industry is not the only example of a disregard for human health for economics, it is definitely one of the more prominent in today's society. To take one step in a positive direction to address the â€Å"risk anything for the economy† attitude, cigarettes should be legalized. The one positive that may have resulted in the formation of cigarettes is that the economy does, in some portion, rely on these large industries for a source of international wealth. However, the economy should not take a front seat over the well-being of the populations.Also, the existence of these massive commerc ial industries are restricting the legalization process of far more beneficial alternatives, such as cannabis, or marijuana. Because of the fear of losing revenue, tobacco companies have attempted for some time to prevent the legalization of marijuana, which is known to have several positive effects and very few negatives. The existence of tobacco corporations effectively prevents further processes to allow use of this beneficial plant, in addition to lowering the cost to arrest those that possess marijuana.Therefore, the one positive created by the existence of the tobacco industry has created even more negatives. Due to the overwhelming health detriments and lack of morality, cigarette use should indeed be banned. The existence of the tobacco industry has created a multitude of problems, including the closing of doors leading to brighter alternatives. This opinion is also spreading among the popular opinions of those in control of the media, further supporting the case that cigare ttes are obviously poison, both literal and figurative.