The Necessity of Gun Control Essay -- Argumentative Persuasive Essays

The Necessity of Gun Control Gun control is one of the most debatable topics today. Thirty-three million Americans own firearms for hunting (Aitkens 9). But hunting is not the sole reason for which many individuals buy firearms. Of all countries, the United States is the one which is troubled most by a large number of criminals who are in possession of guns. The U.S. has the highest firearm murder rate of any democracy in the world (Aitkens 5). Where is the country going wrong as far as gun control is concerned? An immense number of laws have been created by the legislature. All were made in order to be sure guns remain in control of the right hands, yet the problems seem to prevail. All three branches of government (judicial, legislative, and executive) are involved in desperate attempts to improve the situation. Getting rid of guns would not work; it would be an impossible task. But, if pressure was applied to all aspects of gun employment - production, ownership, and most importantly dealership - a majority o f problems could be controlled. Since there are two sides to every debate, the antithesis of this position views gun control as unnecessary. This view is strongly held by the National Rifle Association, a very powerful organization, which has nearly 3 million members and an annual budget of 88 million dollars. The NRA is highly effective in motivating thousands of gun owners into action against gun control legislation. Lobbying, advertisements, letter-writing campaigns, and contributions to political candidates who oppose gun control have been some of the establishment's most effective strategies in its fight against tighter firearms laws. Most members of the NRA believe that restricting firearms to prevent gun-rel... ...er country in the world, the United States needs to improve its gun policies. Keeping people on record would allow strict control of guns. "People" are all involved; manufacturers, dealer, buyers, and most importantly, users. Works Cited Aitkens, Maggi. Should We Have Gun Control? Minneapolis: Lerner Publications Company 1992. Cozic, Charles P., et al., eds. Gun Control . San Diego: Greenhaven Press, 1992. Gottfried, Ted. Gun Control; Public Safety and the Right to Bear Arms . Brookfield, CT: The Millbrook Press, 1993. Landau, Elaine. Armed America; The Status of Gun Control. Englewood Cliffs, NJ: Julian Messner, 1991. Hawkes, Nigel. Gun Control . New York: Gloucester Press/Watts, 1988. "A New Round For and Against the Brady Bill." U.S. News & World Report 9 Sept. 1996: 8. Kopel, David. "Criminal Record." National Review 2 Sept. 1996: 43-44.

Knight Eliduc Essay

Eliduc is a courtly knight admired greatly by the king of Brittney. The king trusts Eliduc to guard the lands and also grants him free reign to hunt wherever he pleases. Since Eliduc is favored so greatly, many envious enemies try to slander his name to the king. Without credible accusation, the king banishes Eliduc. With hopes that the king will calm down, Eliduc travel to Logres. Eliduc takes with him ten knights, and due to his wife’s mourning and grief of his departure, Eliduc assures her that he will remain faithful. While traveling through the land of Tontes, Eliduc finds the land to be at war. He finds that an old Lord has refused to give his daughters hand in marriage to any beau’s, therefore; another powerful lord wages war for her. Eliduc uses this situation as a chance to prove himself and become favored by the new lord. He insists that he will fight for the king, and so the king allows granting him fine lodging and hospitality. Eliduc plans on tricking the e nemy into thinking they have won, but in their departure, he attacks the enemy. His plan to defeat the enemy works. The king then makes Eliduc a vassal for a year. Hearing of Eliduc’s act of valor, the kings’s daughter Guilliadun wishes to meet him. Immediately, Guilliadun falls in love with Eliduc, however out of respect for his marriage, he is hesitant and reserved. Guilliadun confesses that she will die if she cannot have Eliduc and tries to win him with gifts. Eliduc receives the gifts in grace, but easily masks his affection for Guilliadun. Eliduc does so out of reverence for his wife Guildeluec. Meanwhile, Eliduc’s old king seeks him out and Eliduc does return back to Brittany; however, he promises he will return back to Tontes if needed. Guilliadun is saddened by the news and claims she will kill herself, but Eliduc reassures her of his return. Once Eliduc returns to Brittany he is angered by the negative news he hears of his wife. After quickly ridding the Brittany of its enemies, Eliduc returns to Tontes in search for Guilliadun. They are lovingly reunited and begin to sail home to Brittany. However, Guilliadun is disheartened by the news that Eliduc is married, she faints, in a coma-like state. After noticing how distraught ELiduc was after his return, Guildeluec is convinced he isn’t saddened because of the hermits death at the abbey. Guildeluec sends spies and discovers Guilliadun. Along with feeling betrayed by Eliduc, she feels pity for Guilliadun. After witnessing a weasel bring his mate back to life with an herb, Guildeluec brings Guilliadun back. Eliiduc is informed of the miracle and happily chooses Guilliadun as his new wife. Eliduc’s first wife and new wife â€Å"came to a good end thanks to God, the true divine†. I chose to analyze the quote â€Å"came to a good end thanks to God, the true divine†. Marie implies in the end of the lay that the only way to find serenity through love in this world is by making oneself docile to the charity of selfless love, epitomized in God. I, however, that this quote in no way reflects God. Yes, it involves love; however God is also about faithfulness, honesty and respect. By being reserved from Guilliadun during her first attempts, Eliduc did show respect to his marriage. However, after hearing stories of Guildeluec while he was gone caused him to want to pursue Guilliadun. Eliduc never once asked Guildeluec. It amazed me that Guldeluec was content with Eliduc’s choice. She never tried to win him back but actually felt pity for Guilliadun and her sorrow. Guildeluec’s actions are a reflection of selfless love, which show reverence to God. Ultimately, I thought it was ironic to give thanks to God, being that the outcome, in my opinion was ungodly. Adultery did not take place, however betrayal and mistrust did.

Globus Report Essay

The objective of this Globus game is to run a company in the real environment which is we will compete with other companies. On this simulation I am becoming co-manager of a camera industry. All of the company have two products in the market which is Entry level camera and multi featured camera. And the market area is divided into 4 region which is : 1.North America  2. Europe-Africa 3. Asia Pacific 4. Latin America. One group have 3 members , and in my business simulation we got 8 different companies. Each company has to run the camera business every week , one week in real life is represent 1 year in the simulation for a consecutive 10 weeks. The ultimate goal for all the companies is to dominate the market of the cameras industry, the best camera company in the industry is to get the target that give by the investor expectations, gaining the most market share and image rating and maintaining a good credit rating. My Achievements By doing the virtual business game with my group member , I had to be able to analyse the business every year , what the strategies I have to do , and how to get high dividend and investor expectation. By doing this process I can fully understand what happening with this industries and how to improve this business.. These kind of things allow me to understand concept in the industry and develop a strategy to win the competition within the industry. By experiencing this virtual business game I have learn about business management , starting from production cost , marketing , advertising , marketing , target market ,shipping labour forces ,financial decision , and business plan .all of this elements will impact the business performance. On this game I also learn from the compotetion btween the company in this industries.Every single company have a different strategies to dominate the industry. All the strategies is depend on the current situation and target market.and the competition i s on all the time because the compotitors I always find the new strategies to defeat our company.so we need to come up with new strategies. My New Transferable Skills: Reflection 1 Context : On the first week of the Globus game we were trying to change the decision entry as what we did in the Globus practice using on our knoledege about business menegement Activating Experience : With lack of knowledge that we got on the first year result is under the investor expectation ,eventhough we tried so hard to do this decision entries. Belief : We failed to believe that with our lack of knowledge our first year results is unsatisfy ,.it is make our companies is behind other companies. Consequence : Other companies performing well on the first year so our company is one step behind .Our results for EPS ,ROE and image rating is so much behind others companies.So it is hard for us to chase the other companies that performing beyond our companies as well as none of our group member really understand about business. Dispute : I have learn that when you make your company you need to understand everything about it from the market , business pla and etc. Because first year is the most crucial for your business to see the prospect of your business . so you need to learn before you do it. Reflection 2 Context: Our group have develop different strategies every year Activating Experience: We are trying to do the strategies to get more profit on that year and didn’t planning for the coming tyears Belief: We failed to belief that our strategies is failed because we didn’t see the situation of the market and we didn’t planning well for the coming years like warranty I s the most issues of our comapny Consequence : Our result is dropped every because we have no analyse market and our bad planning for the future , so until the very end of the year we still have outstanding loans Dispute : I learned that it is really important to research about he target market and the planning of future business. Reflection 3 : Context: We always change our p/q rating every year Activating Experience : we always change our p/q rating to be the same as the leading companies ,hoping that we can compete with them Belief: We failed to believe we didn’t choose our p/q rating since the first year , by changing the p/q rating every year it boost our market share and kick us out of the competition.because we don’t choose the target market of our companies , which is always changed every year Consequence : Our companies rank is dropping until it aalmost the last position , and we have no target market Dispute :I have learn that I cant use other company strategies , but I have to find the new strategies that can beat them in theyre market.And I would make sure to develop my own strategies to take against other companies. My personal growth and lifelong learning Reflection 1 Context : For some of the week our globus group couldnot focus on globus game Activating Experience : The Globus team unsatisfy with the result that not stable , and we didn’t do well on some of the year Belief : I failed to believe that because 1 didn’t stay focus to do the globus simulation game. Consequences : Our company have a bad start and the result in the middle year is falling down.we keep losing point every year until it reah the peak and our company made a loss.The biggest mistake was that we did not understand the game completely and this made us suffer for the beginning of the years. Dispute : I would like to completely understand on how to run the company and be able to do full analysis and research in the industry. And the most important thing to run the business is to keep focus to run the business to make a succesfull business Reflection 2 Context : In all of the group meeting, we as the co-managers, had agreed on the decision to take and do the Glo-bus together. Activating Experience : During the very last minutes of before year 11 or 12 decision was due, one of the co-managers changed the decision and we were not informed about that. Belief : I failed to believe that we all had agreed on all the decisions we had come in group meeting and nobody would change any decision without any consent from other co-managers. Consequences : Our company was in the second last position due to the loss that we got. The co-manager decided to significantly lower the price to gain more market share, but in the end the decision was against us. Dispute : I would never let my team member to do that anymore. Since then, I learned that I had to check all the decision entries just before it was due to make sure everything was okay and according to what we agreed in the group meeting. I learned that this kind of action could be fatal and as a result, it would be hard to manage the profits year after. Reflection 3 Context : After couple of weeks of hard time, we had to sit down together, share ideas and run the Globus game together to make sure we really understand Globus. Activating Experience : We had to analyse the competition in our industry and think many possible strategies to counter our competitors. Belief : I believed that as co-managers, we had to completely understand Globus and make sure that everyone in the team really understood what was happening since this was the best way to run the company. Consequences : We managed to bounce back at the end. Our position kept increasing every year up to 5th position which was not that good for the progress of the company. In the end, with everyone sharing their opinions and ideas, we managed to go as one team to help the company that was already in a bad position due to bad performances from previous years. Dispute : I learned that by getting together as a group and shared knowledge and analysed the industry together, we could manage to be t he best actually. Reflection 4 Context : After our company had bounced back, we had to keep doing our strategy so that our company could get better. Activating Experience : We had to do analysis every week carefully to see what the best opportunity and strategy to take. Belief : We believed that by doing analysis every week, we could maintain our position. Consequences : Our company was getting better every year onwards since year 12 and 13. This was because we had understood on how to play the game. We did analysis and research every week to find out what strategy we could implement. Dispute : I learned that by completely understand the game, the game was actually interesting. Now I know how business works in real life. Everything was related with another and each decision was really important.

Imports of Pakistan Essay

An import is any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. An import in the receiving country is an export to the sending country. Imports, along with exports, form the basis of international trade. Import of goods normally requires involvement of the Customs authorities in both the country of import and the country of export and is often subject to import quotas, tariffs and trade agreements. When the â€Å"imports† are the set of goods and services imported, â€Å"Imports† also means the economic value of all goods and services that are imported. The macroeconomic variable I usually stand for the value of these imports over a given period of time, usually one year. [pic][pic] Pakistan Imports Pakistan is a fast growth country given that it is in a tough neighborhood. For the last 5 years it has averaged 6-7% growth. Pakistan has been burdened with a costly arms race with the 8 times larger India. This has placed severe strain on her resources ever since her independence. However, there are signs that the country is trying to work its way out of the costly foreign policy and move towards greater economic development. Pakistan imports were worth 3649 Million USD in February of 2012. Pakistan imports mainly petroleum, petroleum products, machinery, plastics, transportation equipment, edible oils, paper and paperboard, iron and steel and tea. Its major import partners are: European Union, China, Saudi Arabia, United Arab Emirates and United States. This page includes: Pakistan Imports chart, historical data and news. Major Imports of Pakistan 1. Machinery. 2. Petroleum. 3. Chemicals. 4. Vehicles and spare parts. 5. Edible Oil. 6. Wheat. 7. Tea. 8. Fertilizers. 9. Plastic material. 10. Paper Board 11. Iron ore and steel. 12. Pharmaceutical products. Imports of Pakistan Pakistan’s imports are also highly concentrated in few items namely, machinery, petroleum and petroleum products, chemicals, transport equipment, edible oil, iron and steel, fertilizer and tea. These imports accounted for 73% of total imports during 2006-07. Among these categories machinery, petroleum/petroleum products and chemicals accounted for 53. 4% of total imports. Direction of Imports of Pakistan Pakistan’s imports are highly concentrated in few countries. Over 40 percent of them continue to originate from just seven countries namely, the USA, Japan, Kuwait, Saudi Arabia, Germany, UK and Malaysia. Saudi Arabia is emerging as major supplier to Pakistan followed by the USA and Japan. The shares of USA and Japan, with some fluctuations, exhibited a declining trend because of the shift in the import of machinery/capital goods and raw materials to other sources. On the other hand, the share of Pakistan’s imports from Saudi Arabia has been rising due to higher imports of POL products. Malaysia share has shown rising, as well as, falling trends over the years mainly on account of fluctuations in palm oil prices.

Contributions of Carbon Dioxide Removal as Geoengineering Solution to Climate Change

Contributions of Carbon Dioxide Removal as Geoengineering Solution to Climate Change Abstraction Climate Change I will hold an overview and a speedy treatment on clime alteration as an debut for the paper. Geoengineering Technologies When it comes to environmental direction you can non acquire any longer banal today than a focal point on clime alteration, nevertheless, I wish to undertake this subject in a alone manner. While I plan on discoursing green engineering and C caps, the chief focal point of my paper will be on clime technology besides known as geoengineering. Geoengineering, in my sentiment, is frequently a forbidden subject as many see human accommodation of the natural order to be avoided at all cost. I feel this to be a subset of the realistic false belief. The fact of the affair is that if worlds expect to stabilise the clime, they need to take a more active function on it. Geongineering engineerings chief end is Geoengineering engineerings fall under two classs: ( 1 ) Carbon Dioxide Removal ( CDR ) which â€Å" reference warming effects of nursery gases by taking C dioxide from the ambiance † ; and ( 2 ) Solar Radiation Management ( SRM ) which, on the other manus, â€Å" address clime alteration by increasing the coefficient of reflection of the Earth ‘s ambiance or surface† ( Bracmort, K. , & A ; Lattanzio, R.K. , 2013 ) . Such illustrations of CDR are carbon gaining control and segregation ( CCS ) , ocean fertilisation, enhanced weathering, and afforestation while illustrations of SRM are aerosol injection and space-based reflectors. While SRM methods purpose to cut down sunshine being absorbed by our ambiance, CDR methods work to take nursery gases from the ambiance or pin down it before even making the ambiance. Solar Radiation Management if to be cardinal manner of extenuating milliliter, utmost temperature displacements as a effect best deployed with other policies merely needed for utmost high clime sensitiveness cheap, fast, imperfect, but non proven. Warm really rapidly alterations may change precipitation forms saving of nursery gases other than co2 -less sum of uv radiation striking which might widen atmospheric life-time of ghg other than carbon dioxides recreation from more lasting solns unknown effects of large-scale geoengg Enhanced Albedo Features.Increase coefficient of reflection or reflective power of certain surfaces to direct more solar radiation back to the infinite. Limit temp addition. Targets are urban countries painting roofs and paved countries white with estimated monetary value of several billion dollars, but save money on energy costs Drawbacks may include uncomfortable blaze, concern for aesthetic entreaty of roof or paved country, loss of coefficient of reflection if unmaintained, addition in energy costs in colder climes due to cut down good winter clip heat additions, diminution in the usage of asphalt, a crude oil residue. Other techniques include modify workss thru familial engg to augment reflective power. Will take a decennary to be avaiable. Covering oceans with brooding surfaces to heighten reflective power. Impact in aquatic life? Cloud lightening. Dispersion of cloud-condensation karyon in clouds on continual footing. Satellites will mensurate cloud reflective power and determine sum of chilling needed. Could be halted rapidly and clouds could return to normal in a few yearss – long term deductions non yet known. Marine could be disturbed. Current position of the engineering.Surface types, application countries and costs under probe. USDOE NNSA reported lessening in edifice heat and chilling costs by around 70 % yearly on reroofed parts. Long term deductions non yet known. May disturb Marine wildlife.. ocean currents, precipitation forms sum of chilling needed and where.. research needed west seashore of North America could be†¦ Aerosol Injection Features.Under certain fortunes, usage of SRM techniques may take to ozone depletion. Dispersal of aerosols, such as H sulphide or sulfir dioxide in stratosphere to reflect solar radiation. Annual cost several billion of dollars depending on sum location typr of atoms injected seeks to copy big volcanic eruptions, cut down planetary temperatures S release are random with chilling impacts. It have to happen several times over decennaries or centuries to countervail radiative forcing by ghg short effectivity possible benefit: reduced or reversed sea and land ice runing, every bit long as aersols dont settle on or darken snow and ice hazards could be drought in Africa and Asia – loss in agricultural productiveness, ghg impact from transporting aersol to site of injection, stratopheric ozone depletion, weakening of sunshine for solar power, less bluish sky, obstructor of Earth-based optical uranology. Current position of the engineering.No testing yet. Space-based Reflectors Features.Shields in infinite to cut down sum of incoming solar radiation Effectiveness of shield vary on design, stuff, location, measure and care types suggested are lunar glass, aluminium yarn gauze, metallic reflecting gumshoes, refracting discs Proposed locations: low Earth orbit and Lagrange point 1 ( L1 ) four times further from Earth than the Moon Current position of the engineering.Theoretical Proposal. Requires extra survey to measure shield costs, execution ( transit, care demands, shield disposal ) ecological impacts Global or regional degree? A Shield to to the full change by reversal planetary heating May costs a few trillion dollars, implemented over 25 old ages Carbon Dioxide Removal Carbon Capture and Sequestration Features. Current position of the engineering. Afforestation Features.Afforestation is fundamentally seting of trees or tree seedlings. It is considered one of the safest manner to battle clime alteration. Restoration of wildlife and reduces the rate of eroding Current position of the engineering. Ocean Fertilization Features.Besides called Fe fertilisation, it is one of the oldest geoenginering engineering to battle clime alteration. The chief end is to straight or indirectly put Fe in to the deeps of the ocean to temporarily hive away C where it can non be exchanged with the ambiance. Stimulate phytoplankton growing by 30 % – 3 oceans Procedure involved in biological production, decomposition, and alimentary cycling in the unfastened ocean ( cite, day of the month ) . 1. Air and sea exchange C dioxide. 2. Phytoplanktons take up C dioxide to turn. 3. Zookplanktons and phytoplanktons respire C dioxide. 4. Fragments of disintegrating phytoplanktons and faecal pellets from zooplanktons both contain C. 5. Individually or in aggressions, called Marine snow, these carbon-containing atoms sink. 6. Merely 5 to 50 % of the entire C from bloom reaches 100 metres. About 2 to 25 % sinks between 100 to 500 metres. 7. Microbes decompose atoms further. Zooplanktons eat some of this stuff. 8. Possibly merely 1 to 15 % of the original C in surface Waterss sinks below 500 metres. 9. Carbon dioxide from organic affair respiration recirculates back to surface Waterss. 10. Zooplankton migrate up at dark to feed and endorse to the deepnesss during the twenty-four hours. Current position of the engineering. Merely two experiments conducted til 2007 to describe in 2nd stage. Efficiency of phytoplankton to sequester C is low. — makikita natin yun SA procedures explained above. Enhanced Weathering Features.Weathering/disintegration of silicate and carbonate stones to take carbon dioxide. Current position of the engineering. Discussion The Future of Carbon Dioxide Removal Recent Developments Costss and Economic Potential Some can be done with merely a comparatively little sum of money and you can see fiscal payback†¦ The two cheapest geoengineering engineerings are afforestation and aerosols. The former is safe but it merely has limited effectiveness and will wait for at least 20 old ages to cognize its effects on clime alteration. The latter is what they call the ideal method because it is really effectual and inexpensive at the same clip. However, it can besides present unwanted side effects, therefore, has high degree of uncertainness. Environmental Risks and Restrictions Every thing has a hazard of its ain. If miscalculated, these geoengineering engineerings may present some great impact to the environment, may hold negative effects, and/or may be deemed uneffective. It may non be avoided since there are besides external factors like natural alterations, catastrophes, and even alterations in carnal behaviour. The lone inquiry is, is this the hazard we are willing to take? Decision Mentions Bracmort, K. & A ; Lattanzio, R.K. ( 2013 ) . Geoengineering: Administration and Technology Policy ( CRS Report ) . Retrieved from Federation of American Scientists web site: hypertext transfer protocol: //www.fas.org/sgp/crs/misc/R41371.pdf Caldeira, K. , Bala, G. , & A ; Cao, L. ( 2013 ) . The scientific discipline of geoengineering. The Annual Review of Earth and Planetary Science 41, 231-56. Department of the Interior: 10.1146/annurev-earth 042711-105548 Hartman, J. , West, A.J. , Renforth, P. , Kohler, P. , De La Rocha, C.L. , Wolf-Gladrow, D.A. , Durr, H.H. , Scheffran, J. ( 2013 ) . Enhanced chemical weathering as a geoengineering scheme to cut down atmospheric C dioxide, supply foods, and extenuate ocean acidification. Reviews of Geophysics 51, 113-149. Department of the Interior: 10.1002/rog.20004 Kriegler, E. , Edenhofer, O. , Reuster, L. , Gunnar, L. , & A ; Klein, D. ( 2013 ) . Is atmospheric C dioxide removal a game modifier for clime alteration extenuation. Climatic Change 118, 45-57. Department of the Interior: 10.1007/s10584-012-0681-4 Lackner, K.S. , Grimes, P. , & A ; Ziock, H.J. ( n.d. ) . Capturing C dioxide from air. Retrieved from hypertext transfer protocol: //www.netl.doe.gov/publications/proceedings/01/carbon_seq/7b1.pdf Tables and Figures

How unemployment is individual and social problem Essay

In this essay I will discuss how unemployment is an individual and a social problem and how Max Weber distinguished power, authority and coercion and how the functionalist, conflict theorist and symbolic interaction theory view the economy and by the mid century how they have evolved and the role of these theories to explain social and economic phenomenon. How unemployment is individual and social problem Unemployment is caused by many factors in a modern market economy. It can be caused by rapid technological change, business cycle or recessions, seasonal factors in some industries particularly such as changes in tastes and climatic conditions which affects demand for certain products and services, individual perceptions and willingness to work and search for jobs, their values and attitudes towards some jobs and about employers, accessibility for retraining and acquisition of work skills, willingness and perception of unemployed of the benefits of training and the possibility for them to get a job after the training even though they have a chance to get a job, discrimination in the workplace based on race, color. religion, ethnicity, age and class. It can be seen from the above causes unemployment in a particular period can be a combination of caused by social factors and how the economy as a whole works and also due to the subjective individual factors. In a sociological point of view according to functionalist and conflict theorists the unemployment is caused primarily by the social factors than by the individual factors. However according to Max Weber and symbolic interaction theories individuals construct their own social constructs and perception and they can be subjective in their behavior and there fore can become unemployed even though the actual condition they can get a job in the job market. In summary applying the sociological and the primary causes of unemployment unemployment is individual as well as a social problem in a market economy. As discussed above it is caused by the society as well as by individuals. Even the economy or societal factors are not present unemployment can be caused by individual perception and their own subjective behavior. . Max Weber’s distinction among power, authority and coercion Power can be defined as one person’s ability to influence others does what ever they want even though they don’t like to do what is demanded and they resist doing what is demanded. For example a professor can influence the students to assign work and demand them to do to satisfy some criteria. As well a dictator like Hitler can control all aspects of life because of this ability to impose his will on majority of people. In other words a person or group on other person or other groups can use power legitimately or illegitimately. That is power need not come from proper authority or legitimate authority. That is power and authority can be different in this respect. According to Max Weber authority can arise from tradition, charisma of certain powerful people or from legal-rational. That is authority need not come from any logical reason but likely to come from respect for the past. For example a monarchy in Western Europe can get authority because they ruled the populace over a long period of time. Even the traditional authority can exist in modern democracies because the people respect the monarchy or authority of monarchy at least in a limited symbolic head of states in Western Europe. Authority also can arise from charisma of some powerful people. They have authority because of their charisma. This arises because they have the ability to lead a vast number of people for a particular cause using their powerful charm and influence over ordinary people. For example Martin Luther King, Gandhi. Nelson Mandela is the modern examples of charismatic authority they had because of their ability to charm and influence a vast majority of people for a particular cause. Authority also can arise from legal-rational. That is in society authority is given to individuals and organization based on rationally enacted laws and regulations. This authority is impersonal and differs from charismatic authority because the legal-rational authority is impersonal and the charismatic authority is personal and admired by the people who accept that authority. In modern societies the authority is derived from the legal-rational compared to charismatic and traditional in varying degrees in industrialized societies in particular. Coercion is the extreme manifestation of power in a way threatens the person to complete obedience because it threatens the person coerced physically, financially and socially. This results in persons following the authority of another because of fear rather than will. Coercion is mostly linked with abuse and conflict. Coercion exists in many dictatorships in the past as well as in the present world in many parts of the world where citizens are forced to follow the regime of dictatorship. The view of the economy in the perspectives of functionalist, conflict theorists and symbolic interaction theory Functionalist perspective of the economy In the perspective of functionalist sociological theorist social systems including economy works like a biological organism where every part of the system work in a united manner so that smooth functioning is maintained and so that society builds consensus between different parts of the system.. In this change is evolutionary and the changes take place to minimize dysfunction and to enhance the stability and its survival in the future. In this respect Capitalism will not collapse and will endure in the future as the functions of the system will adjust and evolve so that it maintains the social order and stability without any radical overhaul of the economic system. In addition the social, legal, political, religious systems will not be in conflict with the economic system and work in unison with the economic system so the whole social organism survive and social order is maintained and their functions and their purpose even though different work as a unified system. As discussed above this is the functionalist view of the economy. Conflict theorist view of the economy In contrast conflict theorist believe society do not work as a unified system. Conflict and struggle take place as different groups work to maximize their benefit in the same time other groups loose. Functionalist view conflict in a negative manner. However the conflict theorist see the conflict to some extent is beneficial as it forces the parties to come to a common ground and make the economic system or the social system to change for the better and minimize the losers and maximizing the benefits for a greater number of groups as well make the power system in check so that abuse of power is minimized. In this context the economic system and social order changes continually and changes take place and shaped by different interest groups in varying degrees in a market economy. However Marxism as a conflict theory predicts radical change to the economic system to move towards a socialist system it has not eventuated. However Max Weber as a conflict theory predicts the viability of the market economy with some reform to minimize the negative aspects of capitalism like alienation and the negative impact of bureaucracy in capitalist economies and more democracy in society and continuous reform of the economic system to make it work efficiently but also effectively by legal, social and political reform appropriate to a countries historical, cultural, political and social context.

Identify three government market failures and describe their effects Essay

Identify three government market failures and describe their effects. As in past government failures in the world - Essay Example In the end, there is market failure because the market fails to regulate itself to achieve economic efficiency. Market failure results when the government interferes with the market, often for its own good and success, rather than that of the economy. On the contrary, market failure may also happen owing too government inadequacies if it fails to, or insufficiently, intervenes. ‘Passive government failure’ refers to a scenario when government intervention would cause a socially beneficial mix of output. The housing bubble, BP oil spill, and payment of welfare benefits are three past government failures in the world that have had drastic effects on the economy and society. The global financial crisis, typified by the housing bubble is a good example of market failure. The downturn born of the housing bubble was a significant market failure that resulted from underpricing of risk, which a form of market distortion (Bernstein 1). There was an incorrect valuation of opportunity costs and risks. Pricing is a primary building block of capitalism, which demands that correct and important information about a market are provided in a timely manner. People borrowed into high-priced mortgages because of the underpricing of credit. It was either a case of ignorance about the market, because the only way they would pay off the high-priced mortgages is if the prices of houses continued to increase. Unfortunately, the bubble did not continue to inflate, prices plummeted, and many citizens were unable to service their debts. According to Bernstein, the profit motive coerced the actions of the lenders, because it is highly unlikely that they did not foresee such a ma rket failure. It is the duty of government regulatory bodies to enforce regulatory functions to prevent the housing bubble. The Federal Reserve and a myriad of government agencies focused on the