Wednesday, August 26, 2020
Romeo and Juliet is a love tragedy based on different kinds of loves Essay Example
Romeo and Juliet is an affection catastrophe dependent on various types of adores Essay Romeo and Juliet is an affection catastrophe dependent on various types of adores. Romeo and Juliet become hitched in an illegal relationship over the high strain fight between their opponent families which Shakespeare obviously appears in the play. Notwithstanding the family fights, the pair chooses to let their ideal love rout all. People groups thoughts have changed over the course of about 400 years, for instance in those days a few loves included in this play would create various responses to the crowd, than today. Shakespeare opens the play with the melody who talks a poem, where love symbolism is found; Two Star-crossed darlings This insights the couple feeling adhered and edgy to be allowed to adore each other. The stars in this statement implies their affection will undoubtedly occur, the illegal piece is in the obscurity, as stars are secured by haziness meaning the two darlings are too, however as stars sparkle in obscurity night this demonstrates their adoration is everlasting disregarding the difficult circumstance. We will compose a custom article test on Romeo and Juliet is an affection disaster dependent on various types of adores explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on Romeo and Juliet is an adoration disaster dependent on various types of cherishes explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Romeo and Juliet is an adoration disaster dependent on various types of cherishes explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer In Act 1, scene 1 straight away we are associated with the battle scenes followed by the fierce activity which would have engaged the Shakespeares crowd 400 years back. In the principal scene battling is going on and inconsiderate remarks are being dropped between the two families. Some different statements indicating how much the two families despise each other, which could lead even to taking a chance with their own lives just to show how overcome they were. We likewise realize that the two families loved wrapping each other up which would lead up more battles thusly some greater amusement for the Shakespeare crowd. The primary love we find in Romeo and Juliet is the adoration not between the two star crossed sweethearts however Romeo and Rosaline. The sort of adoration for these two is Elizabethan elegant love, this is the point at which somebody utilizes colorful words and activities with out truly meaning them, Benvolio portrays this alleged love in Act 1, scene 1. Dignified love is lonely love between two individuals. For this situation Rosaline is evidently excessively acceptable or out of reach and Romeo is lacking for her, and he is utilizing what we currently call bogus way to express affection to give her his phony or void love for her. Too bad that adoration so delicate in his view ought to be so tyrannous and unpleasant in confirmation! Benvolio in truth says that this adoration is phony and totally different to the affection we see later on in the play with Juliet. At the point when Romeo and Juliet meet without precedent for the Capulet party Romeos language changes from Elizabethan dignified love to genuine practically impeccable love. Shakespeare demonstrates this to us since he utilizes strict words and musings to feature the nature of their affection. The piece split between them is a type of affection verse utilized a considerable amount in Shakespeares time. The on-screen characters additionally shows love by language and hand development as the part played by Juliet was played by a man 400 years back. in the event that I profane with my unworthyest hand this blessed hallowed place, the delicate sin is this. As of now we can see a major contrast in language from the language he utilized with Rosaline you can tell he is talking structure the heart and Shakespeare ensured that. Shakespeare I think additionally utilizes some strict activities and words in his play as hand developments are utilized in supplication too. O then dear holy person, let lips do what hands do. They implore; award thou, in case confidence go to surrender In Act 2, scene 3 when Romeo remains outside of Juliets overhang he discusses Juliet in genuine romance symbolism. Emerge reasonable sun, and execute the desirous moon The splendor of her cheek would disgrace those stars Romeo thinks about Juliet as though she was the sun, stars and paradise, which again Shakespeare utilizes symbolism to tell the crowd the amount Romeo is infatuated with her as the characters were played by men, tragically. Juliet then converses with herself in delicate, serene symbolism indicating blamelessness and love for Romeo. At the point when he straddles the apathetic puffing mists, and sails upon the chest of the air Juliets guardians have organized a marriage for Juliet and Paris. Orchestrated relationships in Shakespeares time were normal in incredible families. Her folks feel that it is a result of her cousin, Tybalts passing brought about by Romeo that she is vexed however they are incorrect and the crowd know reality, this is a case of sensational incongruity. Wed, that wed is the very topic I came to discuss. Let me know, girl, Juliet Juliet is stressed and grieved by the possibility of the masterminded marriage as she is hitched to Romeo subtly, this scene just would stun the crowd of Shakespeares time as wedding somebody and afterward wedding a subsequent man was believed to be absurd, increasingly like inconceivable. Ere he that he ought to be spouse comes to charm. I petition tell my ruler and father, madam, I won't wed at this point, and when I do I swear It will be Romeo, whom you realize I detest, Instead of Paris. Juliet tells Lady Capulet, her mom the amount she doesnt need to wed Paris and utilizations Romeo for instance to give her the amount she loathes him as he killed Tybalt. The crowd realizes this isn't accurate so this is a case of emotional incongruity. Juliet is attempting to cause her folks to see the amount she loathes wedding Paris however her arrangement doesn't work, as she needs it to. It isn't yet close to day; it was the songbird It is some meteor that the sun breathed out Here Shakespeare gives us how they dont what to leave each other at this time, those additional more seconds with one another mean a great deal and even batter its morning they are not that stressed over getting trapped in bed together. As it is their first morning together being a couple. Mercutio, companion of Romeo is a lively character brimming with sexual insinuations. His lines are brimming with plays on words, particularly when he can include a sexual importance. Mercutio accepts love as a joke and is the jokester who engages the crowd and his companions with his amusing lines. The pox of such joke, stuttering, influencing phantasimes, these new turners of complement! By Jesus, a generally excellent sharp edge! an exceptionally tall man! an awesome prostitute! When Juliet is first mindful that Romeo has slaughtered Tybalt her adoration and outrage mix in a progression of sentimental words which delineate her passionate state. Bird feathered raven, wolvish-ravening sheep! Lovely despot, monster angelical! At that point, frightful trumpet, sound the general fate Juliet talks alone with the medical attendant and she starts to address Romeo being with her, this stuns Juliet as she had confidence in the medical caretaker from the start however now shes adjusted her perspective and encourages her to go for Paris. The medical attendant is giving her adoration for Juliet, as she doesnt need her to get captured with Romeo. The medical attendant isn't disclosing to her this so she doesnt get in a tough situation, however shes advising her to support her. What's more, the medical caretaker feels it is the correct choice to go with Paris. Toward the start of Act 3, scene 2 we see Juliet alone sitting tight for her better half and she is extremely fretful to see him. She contrasts her affection for the evening and her adoration for Romeo. Cut him up into little stars What's more, he will make the essence of paradise so fine That all the world will be enamored with night, Also, pay no love to the gaudy sun. The utilization of star and sky symbolism is utilized again to give us how her affection and missing of her significant other Romeo to the night by and by. Another adoration in Shakespeares play is the cordial love among Romeo and Mercutio. Tybalt slaughters Mercutio, and Romeo in view of this adoration hazards his life to get Tybalt, he discovers him and murders him to vindicate Mercutios passing. Be that as it may, before Mercutio kicked the bucket he reprimanded Romeo for getting him wounded, so you could state this affection is uneven, with just Romeo adoring Mercutio. In spite of the fact that Tybalt is dead, Juliet still stays in adoration to her better half by remaining close by and protecting him despite the fact that he killed her cousin. This shows how solid her affection is for Romeo even mixture he has slaughtered one of her nearby relatives. Will I criticize him that is my significant other? Yet, wherefore, lowlife, didst thou execute my cousin? That miscreant cousin would have slaughtered my better half. In Act 4, scene 3 we see Juliet and Paris in Friar Lawrences cell discussing the wedding. Paris doesnt think about Juliets issue with Romeo. Juliet obliges the wedding uncomfortable for what she ought to never really out of it. That might be, sir, when I might be a spouse Juliets reactions are brimming with answers, which allude to Romeo; just the crowd recognizes what Juliet is discussing. After Paris leaves, Juliet searches for help from Friar Lawrence who gives her the mixture to make it look like shes dead and getaway union with Paris. This is a case of solitary love since Paris adores Juliet however she doesnt love him back similarly. Oercovered very with dead mens shaking bones, With reeky shanks and yellow chapless skulls Shakespeare adds terrifying symbolism to Juliets discourse. Juliet would prefer to take this mixture and break with Romeo than wed Paris this again shows the amount they love one another. The ghastly symbolism closes and the outcome is she takes the elixir. Act 4, scene 3 when Juliet is stating her farewells before she takes the mixture we see Juliet terrified as she ponders what will occur if this arrangement was to turn out badly and all these peculiar considerations going trough her head about being stuck there and Romeo not being there when she awakens. As in a vault, an antiquated repository, Where for this numerous hundred years the bones Of all my covered precursors are pressed, Where grisly Tybalt, yet however green in earth She submits herself and relinquishes every one of these musings and just takes the mixture in the ho
Saturday, August 22, 2020
Breaking the First Two Rules Agents of Repression and Subversion in Fight Club :: Essays Papers
Defying the First Two Norms Agents of Repression and Subversion in Fight Club The main guideline about battle club is you don't discuss battle club. The second guideline about battle club is you don't discuss battle club (48). The initial two standards administering the underground battling rings of Chuck Palahniuk's epic Fight Club fill in as in excess of an endeavor to keep up the mystery of the unlawful clubs. The express meanings of what the novel's characters can and can't think and discussion about set up for the story's assessment of the oppressive powers of society and the mental outcomes of the ever-present social 'no.' The anonymous storyteller who makes the battle clubs exists in such a condition of social protection and suppression that the main sublimation of his oblivious wants he discovers conceivable is the projection of the psychological battle between his cognizant and oblivious personalities into the physical world. This projection begins with physical battle between the two individuals from the split subject, yet in the end offers path to t he total seizure of control by the oblivious half - Tyler Durden - at whatever point the storyteller's cognizant half-nods off. This exceptional acknowledgment of Freud's hypothesis on fulfilling oblivious wants in the fantasy state does in reality break the storyteller out of the stifling solace of his regularizing social jobs. Be that as it may, as the storyteller's oblivious brain oversees his day by day exercises, its damaging propensities start to pulverize not just everything that the storyteller despises about his life, yet additionally everything that he finds makes life worth living. In the start of the novel, the storyteller discovers small importance in his life. Totally frustrated with his activity, his affection life, and above all else himself, the storyteller sums up his job in consumerist America in the most hopeless terms: Pull a switch. Press a catch. You don't see any of it, and afterward you simply bite the dust (12). In the storyteller's recognition, realist needs have individuals pursuing vehicles and garments they don't needâ⬠¦jobs they abhor (149), and have driven him to a point where he understands he is a thirty-year old kid (51) living in an apartment suite he portrays as a file organizer for widows and youthful experts (41). Following all the means endorsed by society-heading off to college, finding a new line of work, turning out to be self-steady has prompted an impasse for the storyteller, inciting him to reflect, I despised my life. I was worn out and boredâ⬠¦[and] couldn't perceive any approach to change things (172).
Monday, August 17, 2020
Book Riots Deals of the Day for August 7th, 2019
Book Riotâs Deals of the Day for August 7th, 2019 Sponsored by Ruby Langâs Playing House. Available now wherever eBooks are sold. These deals were active as of this writing, but may expire soon, so get them while theyâre hot! Todays Featured Deals Dear Universe: 200 Mini-Meditations for Instant Manifestations by Sarah Prout for $2.99. Get it here, or just click on the cover image below. Fewer, Better Things: The Hidden Wisdom of Objects by Glenn Adamson for $1.99. Get it here, or just click on the cover image below. Stripped (Happy Endings Book 1) by Zoey Castile for $2.99. Get it here, or just click on the cover image below. In Case You Missed Yesterdays Most Popular Deals The Murmur of Bees by Sofia Segovia for $1.99. Get it here, or just click on the cover image below. Rules of Civility by Amor Towles for $1.99. Get it here, or just click on the cover image below. Previous Daily Deals That Are Still Active As Of This Writing (Get em While Theyre hot!): The Readers of Broken Wheel Recommend by Katarina Bivald for $2.99. A Peoples History of the United States by Howard Zinn for $2.99. The Hangmans Daughter by Oliver Pötzsch for $1.99. The Shadow of the Wind by Carlos Ruiz Zafón and translated by Lucia Graves for $1.99. The Wedding Date by Jasmine Guillory for $1.99. The Murders of Molly Southbourne by Tade Thompson for $3.99. Mind Platter by Najwa Zebian for $1.99. An Untamed State by Roxane Gay for $2.99 The Calculating Stars by Mary Robinette Kowal for $2.99 Girl, Interrupted by Susanna Kaysen for $2.99 Drop the Ball: Achieving More by Doing Less by Tiffany Dufu for $2.99 The Hunger by Alma Katsu for $1.99 Black Boy by Richard Wright for $1.99 Temper by Nicky Drayden for $1.99 Girls of Paper and Fire by Natasha Ngan for $2.99 Feel Free by Zadie Smith for $3.99 The Cutting Season by Attica Locke for $1.99. New Suns: Original Speculative Fiction by People of Color Edited By Nisi Shawl for $0.99. Mapping the Interior by Stephen Graham Jones for $3.99 The Casquette Girls by Alys Arden for $0.99 The Bees by Laline Paull for $1.99 The Unexpected Inheritance of Inspector Chopra by Vaseem Khan for $2.99 Grace and Fury by Tracy Banghart for $2.99 Shuri (2018 #1) by Nnedi Okorafor for $1.99 The Only Harmless Great Thing by Brooke Bolander for $1.99 Sing, Unburied, Sing by Jesmyn Ward for $2.99 Rosewater by Tade Thompson for $2.99 Family Trust by Kathy Wang for $1.99 The Black Gods Drums by P. Djèlà Clark for $1.99 Gods, Monsters, and the Lucky Peach by Kelly Robson for $1.99 My Soul to Keep by Tananarive Due for $0.99 All Systems Red: The Murderbot Diaries by Martha Wells for $3.99 Jade City by Fonda Lee for $2.99 Here to Stay by Sara Farizan for $1.99 A Big Ship at the Edge of the Universe by Alex White for $2.99 Silver in the Wood by Emily Tesh for $3.99 A Curious Beginning by Deanna Raybourn for $2.99 Storm Front by Jim Butcher (Book One of the Dresden Files) for $2.99 Guapa by Saleem Haddad for $1.99 Hogwarts: an Incomplete and Unreliable Guide by J.K. Rowling for $2.99 Short Stories from Hogwarts by J.K. Rowling for $2.99 The Paper Magician by Charlie N. Holmberg for $1.99 The Girl with the Red Balloon by Katherine Locke for $1.99 The Invisible Library by Genevieve Cogman for $0.99 Half-Resurrection Blues by Daniel José Older for $2.99 Cant Escape Love by Alyssa Cole for $1.99 Leaves of Grass by Walt Whitman for $0.99. The Haunting of Tram Car 015 by P. Djèlà Clark for $3.99 A Quiet Life in the Country by T E Kinsey for $3.99 Empire of Sand by Tasha Suri for $4.99 Life and Death in Shanghai by Nien Cheng for $4.99 Binti by Nnedi Okorafor for $1.99 Binti: Home by Nnedi Okorafor for $2.99 Binti: The Night Masquerade by Nnedi Okorafor for $3.99 Instant Pot ® Obsession: The Ultimate Electric Pressure Cooker Cookbook for Cooking Everything Fast by Janet A. Zimmerman for $2.99 Tell the Truth Shame the Devil by Lezley McSpadden with Lyah Beth LeFlore for $0.99 Magic Bites by Ilona Andrews for $2.99 Once Ghosted, Twice Shy by Alyssa Cole for $1.99 Whatever Happened to Interracial Love? by Kathleen Collins for $3.99 In Search of Lost Time: Volumes 1-7 by Marcel Proust for $0.99 Prime Meridian by Silvia Moreno-Garcia for $3.99 The Mirror Empire by Kameron Hurley for $2.99 I Met a Traveller in an Antique Land by Connie Willis for $0.99 Soy Sauce for Beginners by Kirstin Chen for $3.99 Silver Phoenix by Cindy Pon for $2.99 A Curious Beginning by Deanna Raybourn for $2.99 George by Alex Gino for $3.99 Destinys Captive by Beverly Jenkins for $1.99 A Rogue By Any Other Name by Sarah MacLean for $1.99 The Price of Salt by Patricia Highsmith for $0.99 Sign up for our Book Deals newsletter and get up to 80% off books you actually want to read.
Sunday, May 24, 2020
Security And Stability Of Internet - 1469 Words
policy related to security and stability of internet, exchange of information in the scientific community, affordability of the Internet in the developing world, disclose of emerging issues to the general public, use and misuse of the Internet among others. Internet Software Piracy Software is the programming language and the operative system that runs a computer and allows the user to execute actions such as send and receive information through pictures, music, videos, text messages, GPS coordinates, etc. Most of the software today require access to Internet before you can download them to your computer. Internet has changed humankind in several ways, including the way people illegally share media property to each other. In the past the unauthorized copyright of any computer program or software was possible only through the physical exchange of disks or other hard media either by mail or on the street. Today, based on a report issued by the Software Alliance (BSA) in October 2009, Internet Software Piracy occurs when the Internet: is used to: â⬠¢ Access to sites to download copies of illegal software; â⬠¢ Promote and commercialize pirated software that is forwarded hrough the mail and email; or â⬠¢ Offer and transmit breaking codes and other tools to by-pass anti-copying security features. This illegal activity is untraceable many times because the buyers of the illegal software are instructed to pay and download the product through different websites. It is aShow MoreRelatedUsing Security Measures For Dns1609 Words à |à 7 Pagesresources to a private network and the internet. But along with the rise in the importance of DNS, it has also become a vulnerable link in the internet security as it is the internetââ¬â¢s primary directory service used for properly traversing through the present networking infrastructure. Even though DNS is the core fabric of the todayââ¬â¢s network, there is no standard security framework available for DNS. Every security professional knows that the network security measures depends upon the followingRead MoreThe Cloud Of Cloud Computing1448 Words à |à 6 Pagescomputation by a magic cloud instead of computers or humans? No, cloud computing is a popular term coined by the technology industry as storing, accessing, and computing data and programs over the internet instead of locally by your computer. Essentially, this so called cloud represents the Internet, and like real life clouds, it canââ¬â¢t be physically touched; rather, we know that it exists, itââ¬â¢s purpose, and it is quantifiable, but we canââ¬â¢t hold it in hands. Like weather clouds, cloud computingRead MoreMission, Vision And Values Essay1606 Words à |à 7 PagesChina. Regulations: Security over e-commerce is still an important issue for all countries. For example, 52% of Internet users in Peru do not trust Internet web pages and have never experienced online purchases, a survey recognized by Mr. Li. (The Peruvian national newspaper) concluded that Internet users do not believe in online content, and in some cases, such as Internet crime, people cannot be in the field of legal authority because those do not exist. Political stability of developing countriesRead MoreThe Institute Of Electrical And Electronics Engineers Essay744 Words à |à 3 Pagesnature to ANSI, ISO was originated in the U.K. after World War II. All three associations are committed to in making advancements in products and services and avoid waste and ensure safety by implementing standards in business industries to create stability and commonality. The three bodies have working agreements of cooperation. Also, each organization was founded by engineers. The IEEE is more focused on telecommunications and technology. The IEEE has a global membership and has many working groupsRead MoreDifference Between Monetary And Fiscal Policy923 Words à |à 4 Pagesfiscal policy is undertaken by state and local government to stabilize local economies. This is done by Congress and the President actions. 2. List and briefly explain the 3 main goals of monetary policy (DO NOT copy and paste materials from the internet, use your own words). Answer: The generalized goal of monetary policy is to maintain economy at the best. The three important goals of monetary policy are as under: 1. Economic Growth: Increase in production capacity over time leads to economicRead MoreChinas Internet Penetration Rate1154 Words à |à 5 Pagessimilar attacks per month. Such problems are only made more acute as Chinaââ¬â¢s Internet penetration rate is among the fastest growing in the world, while its information enterprises are still inexperienced relative to Western industry experts. Network technology is innovating and evolving so quickly that the government cannot keep up with market demands and guarantee security without industry cooperation. Most domestic Internet enterprises in China are still relatively new private companies, and it takesRead MoreChina After The Reform Area1377 Words à |à 6 Pagescountries are prosperity, stability, and security. In a 2015 article, published in the Journal of Democracy, written by Carl Minzner, entitled China After the Reform Area, Minzner articulates many of the same ideas about China that Danziger and Smith put forward in the textbook about all of the BRICS countries. Minzner focuses closely on Chinaââ¬â¢s efforts toward security and stability. He touches on their pursuit of prosperity but then shows how Chinaââ¬â¢s efforts toward security hindered some of the possibleRead Moreâ⬠¢ Which Is the Better Software Tool: Internet Explorer, Mozilla Firefox, or Google Chrome?777 Words à |à 4 Pagesâ⬠¢ Which is the better software tool: Internet Explorer, Mozilla Firefox, or Google Chrome? â⬠¢ Supplement your argument with evidence, and indicate whether or not you changed your position based upon the discussion. Why or why not? In todayââ¬â¢s web browser market there are many options however, the three big name competitors are Microsoft Internet Explorer, Mozilla Firefox, and Google Chrome. The debate over the best browser is on that has raged on for several years and the ââ¬Å"Browser Warsâ⬠are beginningRead MoreBp Network Essay1008 Words à |à 5 PagesImproving Autonomous System Security for BGP Networks 1 Introduction The world today is largely dependent on the worldwide communication that the internet provides. Almost all sectors such as educational, entertainment, political and economic sectors rely on the internet network to exchange and store information. Even seconds of downtime can affect these sectors tremendously. This means that it is crucial for us to understand how these disruptions occur so that we can analyze it and improve itsRead MoreMarket Transparency and Consumer Choice for Housing Essay1237 Words à |à 5 Pagesthat banks have given out subprime mortgages or interest-only loans to consumers regardless of their credit score. One of the main reasons why banks did not care about consumersââ¬â¢ credit history is because they resold the loans as mortgage-backed securities. This caused the loans to fall into the hands of credit rating companies that rated the loans too positive; thus, these assets were expanded and helped lead to the foreclosure crisis without hurting the banks d irectly. The goal was that banks lustily
Wednesday, May 13, 2020
Katzenbach v. Morgan Supreme Court Case, Arguments, Impact
In Katzenbach v. Morgan (1966), the United States Supreme Court ruled that Congress had not exceeded its authority when crafting Section 4(e) of the Voting Rights Act of 1965, which extended voting rights to a group of voters who had been turned away at the polls because they could not pass literacy tests. The case hinged on the Supreme Courtââ¬â¢s interpretation of the Enforcement Clause of the Fourteenth Amendment. Fast Facts: Katzenbach v. Morgan Case Argued: April 18, 1966Decision Issued: June 13, 1966Petitioner: United States Attorney General Nicholas Katzenbach, New York Board of Elections, et alRespondent: John P. Morgan and Christine Morgan, representing a group of New York voters interested in maintaining literacy testsKey Questions: Did Congress overstep the authority provided to it under Enforcement Clause of the Fourteenth Amendment when it included Section 4(e) in the Voting Rights Act of 1965? Did this legislative act violate the Tenth Amendment?Majority: Justices Warren, Black, Douglas, Clark, Brennan, White, and FortasDissenting: Justices Harland and StewartRuling: Congress properly exercised its authority when legislators enacted Section 4(e) of the Voting Rights Act of 1965, which was aimed at extending Equal Protection to a disenfranchised group of voters. Facts of the Case By the 1960s, New York, like many other states, had begun requiring that residents pass literacy tests before being allowed to vote. New York had a sizable population of Puerto Rican residents and these literacy tests prevented a large portion of them from exercising their right to vote. In 1965, the United States Congress passed the Voting Rights Act in an effort to end discriminatory practices that barred minority groups from voting. Section 4(e) of the Voting Rights Act of 1965 was targeted at the disenfranchisement occurring in New York. It read: ââ¬Å"No person who has successfully completed the sixth primary grade in a public school in, or a private school accredited by, the Commonwealth of Puerto Rico in which the language of instruction was other than English shall be denied the right to vote in any election because of his inability to read or write English.â⬠A group of New York voters who wanted to enforce New Yorks literacy test requirement sued United States Attorney General Nicholas Katzenbach, whose job it was to enforce the Voting Rights Act of 1965. A three-judge district court heard the case. The court decided that Congress overstepped in enacting Section 4(e) of the Voting Rights Act. The district court granted declaratory and injunctive relief from the provision. U.S. Attorney General Katzenbach appealed the finding directly to the U.S. Supreme Court. Constitutional Issues The Tenth Amendment, grants states, powers not delegated to the United States by the Constitution, nor prohibited by it to the States. These powers traditionally included conducting local elections. In this case,à the Court had to determine whether Congressââ¬â¢ decision to legislate Section 4(e) of the Voting Rights Act of 1965 violated the Tenth Amendment. Did Congress infringe on powers granted to the states? Arguments Attorneys representing New York voters argued that individual states have the ability to create and enforce their own voting regulations, as long as those regulations do not violate fundamental rights. Literacy tests were not intended to disenfranchise voters whose first language was not English. Instead, state officials intended to use the tests to encourage English literacy amongst all voters. Congress could not use its legislative powers to override New York State policies. Attorneys representing the interests of the Voting Rights Act of 1965, argued that Congress had used Section 4(e) as a means of removing a barrier to voting for a minority group. Under the Fourteenth Amendment, Congress has the power to make laws that are aimed at protecting fundamental rights like voting. Congress had acted within its authority when it crafted the section of the VRA in question. Majority Opinion Justice William J. Brennan delivered the 7-2 decision which upheld Section 4(e) of the VRA. Congress acted within its powers under Section 5 of the Fourteenth Amendment, also known as the Enforcement Clause. Section 5 gives Congress ââ¬Å"power to enforce, by appropriate legislation, the rest of the Fourteenth Amendment. Justice Brennan determined that Section 5 was a ââ¬Å"positive grantâ⬠of legislative power. It enabled Congress to exercise its own discretion in determining what type of legislation is necessary to achieve Fourteenth Amendment protections.à In order to determine whether Congress acted within the confines of the Enforcement Clause, Justice Brennan relied on the ââ¬Å"appropriateness standard, a test the Supreme Court had developed in McCulloch v. Maryland. Under the ââ¬Å"appropriateness standardâ⬠Congress could enact legislation in order to enforce the Equal Protection Clause if the legislation was: In pursuit of a legitimate means of ensuring equal protectionPlainly adaptedDoes not violate the spirit of the U.S. Constitution Justice Brennan found that Section 4(e) was adopted in order to ensure an end to discriminatory treatment against a number of Puerto Rican residents. Congress, under the Fourteenth Amendment, had an adequate basis for enacting the legislation and the legislation did not conflict with any other constitutional freedoms. Section 4(e) only ensured voting rights for Puerto Ricans who attended an accredited public or private school up to sixth grade. Justice Brennan noted that Congress could not be found in violation of the third prong of the appropriateness test, simply because its chosen legislation had not extended relief to all Puerto Ricans who could not pass English literacy tests. Justice Brennan wrote: ââ¬Å"A reform measure such as à § 4(e) is not invalid because Congress might have gone further than it did, and did not eliminate all the evil at the same time.â⬠Dissenting Opinion Justice John Marshall Harlan dissented, joined by Justice Potter Stewart. Justice Harlan argued that the Courtââ¬â¢s finding had disregarded the importance of the separation of powers. The legislative branch wields the power to make laws while the judiciary exercises judicial review over those laws to determine whether or not they are in line with fundamental rights laid out in the constitution. The Supreme Courtââ¬â¢s ruling, Justice Harlan argued, had allowed Congress to act as a member of the judiciary. Congress created Section 4(e) in order to remedy what it viewed as an Equal Protection Clause violation. The Supreme Court had not and did not find New Yorkââ¬â¢s literacy test to be a violation of the Fourteenth Amendment, Justice Harlan wrote. Impact Katzenbach v. Morgan reaffirmed Congressââ¬â¢ power to enforce and extend equal protection guarantees. The case has served as a precedent in limited circumstances where Congress has taken action to remedy a stateââ¬â¢s denial of equal protection. Katzenbach v. Morgan was influential in the passage of the 1968 Civil Rights Act. Congress was able to use its enforcement powers to take stronger actions against racial discrimination, including outlawing private housing discrimination. Sources Katzenbach v. Morgan, 384 U.S. 641 (1966).ââ¬Å"Katzenbach v. Morgan - Impact.â⬠à Jrank Law Library, https://law.jrank.org/pages/24907/Katzenbach-v-Morgan-Impact.html.ââ¬Å"Section 4 Of The Voting Rights Act.â⬠à The United States Department of Justice, 21 Dec. 2017, https://www.justice.gov/crt/section-4-voting-rights-act.
Wednesday, May 6, 2020
US Economy Free Essays
The Jan aura release of the most current GAP became available showing that the fourth quarter GAP was 4. 1 . While with recent government regulation they lowered the first quarter GAP to 2. We will write a custom essay sample on US Economy or any similar topic only for you Order Now 5 percent. However, following the report will include a statement about my personal prediction for the remainder of the 2014 fiscal year using sets of very complex variables and skilled opinions. Unemployment Rating: The unemployment rate in the United States as anticipated by the IIS Federal Bureau of Economic Analysis is around 6. 7 percent as of the beginning of the 2014 in February as demonstrated on the graph pictured above. This number s estimated using the numbers given for persons in the United States that have been actively looking for job opportunities as a percentage of the labor force. This number has been gradually decreasing since July 201 2 and will continue to decline as the job market continues to expand with new technologies and education. Although, during the holiday seasons the unemployment always goes down, but as soon as they end, such as after Christmas and thanksgiving the number increases by almost 2 percent. The number of federal employees in 201 2 decreased to almost 22 million jobs which is . Percent less than the year before. Due to the fact that these numbers are only compiled every five years, this . 5 percent decrease is quite shocking to many people. These employees include policemen, nurses, and teachers along with many more. While the number of unemployment among the youth continues to increase, the percentage of adult men and women without health insurance will also continu e to rise with the execution of Obama care. Unemployment Rate February 2014 Month/Month Year/Year National 6. 7% +0. 1 Florida 6. 2% 0. -17 As shown in the chart above, the unemployment rate of Florida is demonstrated versus the rest of the United States. Governor of Florida, Rick Scott announced that Floristââ¬â¢s statewide unemployment rate for May 2013 dropped to 7. 1 percent, the lowest rate since September 2008. Floristââ¬â¢s rate was down O. 1 percentage point from Aprils rate of 7. 2 percent and continues to fall below the national average, which went up to 7. 6 percent in May. As Florida continue to distance itself from the national unemployment rate it is clear that the state government will succeed in growing opportunities for Florida families. Due to the incredible successes that Florida communities had experienced, Floristââ¬â¢s unemployment rate is well below the national average. Gross Domestic product (GAP)I The gross domestic product (GAP) measures of national income and output for a given countryââ¬â¢s economy. The gross domestic product (GAP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period often. The Gross Domestic Product (GAP) in the Lignite States was worth 15684. 80 billion US dollars in 2012. The GAP value of the United States represents 25. 30 percent of the world economy. GAP in the United States is reported by the The World Bank Group. From 1960 until 201 2, the united states GAP averaged 5725. 9 USED Billion reaching n all time high of 1 5684. 8 USED Billion in December of 2012 and a record low of 520. 5 USED Billion in December of 1960. At the beginning of the first quarter of 2014 the GAP was 2. 4 percent due to the recent government sanctions to promote businesses and services locally instead of internationally. Although, the US Federal Bureau of Economic Analysis states that the United States represents 25. 30 percent of the worldââ¬â¢s economy. The increase in real GAP in 201 3 primarily reflected positive contributions from personal consumption expenditures (PACE), exports, residential fixed investment, nonresidential fixed investment, and private inventory investment that were partly offset by a negative contribution from federal government spending The deceleration in real GAP growth in 201 3 primarily reflected a deceleration in nonresidential fixed investment, a larger decrease in federal government spending, and decelerations in PACE and in exports that were partly offset by a deceleration in imports and a smaller decrease in state and local government spending. How to cite US Economy, Papers
Monday, May 4, 2020
Logistics and Supply Chain Management for Silversurf Beachwear
Question: Discuss about theLogistics and Supply Chain Management for Silversurf Beachwear. Answer: Introduction This report focuses on the supply chain management of fashion Retail Company named Silversurf Beachwear. From the case study, it is observed that the company is doing well in the Australian market and now it is planning to expand its business in more countries. For this manner, there is the need to implement proper supply chain management plan in the business activities. Company wants to expand the business in USA, Asia, South America, China and Europe and there is the need to utilize cheaper manufacturing and distribution strategies to get success in these markets. But it must be noted that doing production in other country like China can be risk and difficult (Lashen, 2012). Inventory management and strategic planning For Silversurf Beachwear, inventory management is the most important part of the supply chain. Effective inventory management has a positive impact in the business operations by which Silversurf Beachwear will be able to produce best quality of clothing products. There should be effective inventory management to establish strong relations with the suppliers and the customers. Inventory management will be helpful to control unnecessary cost and review the planning in the development process. It will also monitor the economic value of the company (Arndt, 2008). SCM in globalized world Supply chain management at the global level can cover various functions in Silversurf Beachwear such as managing production of companys products and services, storage, inventories, monitoring, coordination with the suppliers and distribution of the products on time etc. To operate on the global level, company will focus on the five important components i.e. plan, source, make, deliver and return. In the supply chain, company will also focus on the three flows i.e. cash, information and product within the chain. By these components, Silversurf Beachwear will be able to manage the supply chain on global level. Along with this, on the global level of supply chain, there will be continuous exchange of information material and finance within the members of the production. By adopting these supply chain strategies, Silversurf Beachwear will be able to expand in the most challenging country China. In China, the garments industry is one of highly contributory economic sector so, Silversurf B eachwear will focus on implementing various innovations to operate successfully (Lysons Farrington, 2012). Sustainable practices in SCM By adopting sustainable practices of supply chain, company will be able to reduce the investment risk, decrease cost, improve time to market, improve profitability and generate more cash. By the supply chain management, company can improve its production by distribution and manufacturing process. Good production can bring effective balance in the product, inventory investment and improve customer service (Waller Esper, 2014). For the effective supply chain, there are some practices which will be used by the company: There will be automated data collection method for the inventory management process. This system will automatically collect the data regarding the required products. There will be transaction based movements for the supply chain to maintain the records of the flow of the raw material and inventories. Company will have all the information related to available inventories for the production of the clothes. Team of inventory management will update the important documents in the proper manner on time to time as there is the need of proper data for maintaining adequate inventory. Company will maintain proper level of inventory as excess level of inventory can be the reason of space and money. It will include the re-order point along with arrangements of safety stock of the inventory (Hussey, 2007). Managing inventories The concept of inventory management and control has the positive impact on the business operations of the company. Proper inventory management is the key factor in the business operations. Managing inventory such as raw material, work in progress, finished goods and partner inventories is important to achieve success in the market. In case of Silversurf Beachwear, there are some concepts of inventory management and control that would be helpful for the company to increase its efficiency in the international market. A company can be competitive when the inventory management practices are effectively implemented by the company. For Silversurf Beachwear, there are some points which should be focused by the company managing inventory (Mihm, 2010). For getting competitive advantage, company should not maintain too much inventory for the production of clothing products. Along with this, company should not store unnecessary stock as it will take additional operating cost for whole year. Company should focus and observe the inventory items in the proper manner. For this manner, company should use inventory tracking software or bar codes to ensure that there are no counting errors in the inventory storage. At the time of placing of the order of inventory, the inventory management software should be there to manage the inventory. Along with this, the order of the inventory should be placed before the ending of stock to prevent the production from the shortage of raw material. There should be a backup plan in the business that can be used at the time of failure of the system. This will be helpful in keeping the storage cost low, proper use of money and offering the product on time (Toomey, 2012). Impact of information technology For the effective supply chain, use of information technology will be helpful for Silversurf Beachwear. The company will implement many information technology solutions with the supply chain management i.e. material requirement planning (MRP), e-commerce, warehousing, and e-tailing. The goal of the supply chain is to make information processing, product distribution and order processing in the efficient manner. For this manner, company will implement some information technology software i.e. Enterprise resource planning (ERP), Build to order (BTO), and Radio Frequency Identification (RFID). These systems will be helpful in various supply chain activities like inventory management, order processing, effective production, distribution of the products on the time (Macchion et al, 2015). References Arndt, H., (2008), Supply Chain Management, Germany: Gabler Verlag Hussey, D.E., (2007), Strategic Management: From Theory to Implementation, UK: Taylor Francis Lashen, M., (2012), Supply Chain Management in Fast Fashion, accessed on 27th August 2017 from https://www.theseus.fi/bitstream/handle/10024/57383/MiraLashen_Thesis.pdf?sequence=1 Lysons, K. and Farrington, B. (2012), Purchasing and supply chain management, Harlow, Essex: Pearson Financial Times Macchion, L., Moretto, A., Caniato, F., Caridi, M., Danese, P. Vinelli, A., (2015), Production and supply network strategies within the fashion industry: International Journal of Production Economics, 163, pp.173-188 Mihm, (2010), Fast Fashion in a Flat World: Global Sourcing Strategies. International Business Economics Research Journal, 9 (6) pp 55-63 Toomey, J., (2012), Inventory Management: Principles, Concepts and Techniques, Germany: Springer Science Business Media Waller, M. A., Esper, T.L., (2014), Introduction to Inventory Management: Principles and Strategies for the Efficient Flow of Inventory across the Supply Chain, accessed on 27th August 2017 from https://www.informit.com/articles/article.aspx?p=2192703seqNum=2
Monday, March 30, 2020
BLGW marketing plan Essays - Leuven, Anheuser-Busch InBev
Bud Light Golden Wheat Marketing Plan Kyle Turner Marketing 5000 I.EXECUTIVE SUMMARY Anheuser-Busch Companies, Inc. traces its roots to 1852 and the Bavarian Brewery in St. Louis. Through new technologies and modern marketing practices, the local brewery was transformed into the industry leader. Budweiser was the first national beer brand, introduced in 1876. Twenty years later, Busch introduced Michelob, America?s first specialty beer. In 1957, Anheuser-Busch became the leading U.S. brewer, a position it retains today. In 1982, the company introduced Bud Light nationally, which grew quickly in popularity and today is one of the world?s best selling beer brands. In 2008, Anheuser-Busch and InBev combined to become Anheuser-Busch InBev. The new company is the world?s largest brewer and one of the top 5 consumer goods companies in the world. An evaluation of the company?s internal strengths, weaknesses, opportunities and threats served as the foundation for this strategic analysis and marketing plan. The plan focuses on the company?s ?megabrand? strategy, with the introduction of Bud Light Golden Wheat. Anheuser-Busch has a dedicated plan of over $30MM total year marketing for Bud Light Golden Wheat, which includes heavy national media and outdoor to build awareness and introduce the brand. There will be special focus on digital to reach trendsetter consumer and a full line of merchandising and branded products to support sampling and promotion. The goal is to support trial of Bud light Golden Wheat with full Public Relations push to reinforce the ?More Flavorful Light Beer? message. II.ENVIRONMENTAL ANALYSIS Anheuser-Busch will launch Bud Light Golden Wheat in early October 2009, in an effort to attract older drinkers who are looking for a little more flavor from their light beer. The Bud Light ?megabrand? will soon have three formidable prongs. A-B is trying to stay ahead of where consumers are going. The beer has been in development for nearly two years. It will roll out the week of October 5 in every market across the country. It will be backed by a $30 million annual advertising budget. Sales of wheat beers have tripled since 2003.?The goal is to ?stay true to what the mother ship, Bud Light, has to offer,? Levy said. More money may flow to Anheuser-Busch even if people shift their purchases. That?s because both wheat and lime varieties of Bud Light will sell for roughly $1-$1.50 more per six-pack than standard Bud Light. Golden Wheat will be brewed in Baldwinsville, N.Y., Cartersville, Ga., and Ft. Collins, Colo. (McWilliams, 2009) A.The Marketing Environment 1. Competitive forces. Chicago-based MillerCoors' Blue Moon wheat beer is one of the hottest-selling craft brews, but Anheuser-Busch is angling to cut in on that growth with its new Bud Light Golden Wheat. Just two months after its debut, the new wheat beer has nearly matched Blue Moon's monthly sales. Both brewers are looking for a new source of growth as sales of mass-market beers stagnate. MillerCoors beat its archrival to the new category with Blue Moon, launched in 1995. Sales of the Belgian-style wheat beer made with coriander and citrus flavors grew 14% to more than $125 million last year, according to data from Chicago-based Information Resources Inc. Blue Moon accounts for about 2% of MillerCoors' total annual sales. Anheuser-Busch showed last month that it has the marketing muscle and distribution wingspan to make up lost ground quickly. It sold 263,000 cases of Bud Light Golden Wheat in November, nearly equaling Blue Moon's total, IRI data show. Bud's wheat beer also is ma de with coriander and citrus flavors. To some extent, the wheat beers are a defensive move for both brewing giants. Independent breweries producing craft brews in small batches have skimmed customers from mass-produced beers in recent years. The big brewers apparently figure it's better to cannibalize their own sales than to let rivals take them. MillerCoors doesn't call attention to its ownership of Blue Moon, but it's using traditional mass-marketing techniques to promote the brew. Anheuser-Busch offers a line of craft beers under its Michelob brand, while MillerCoors owns Leinenkugel's. Both face a challenge in selling drinkers on craft brews from mass-market breweries. Past efforts, such as Miller Lite's Brewers Collection a few years ago, flopped. MillerCoors is investing more in craft beers such as Blue Moon because it predicts the sector
Saturday, March 7, 2020
Avicenna on Induction.Doc Essay Example
Avicenna on Induction.Doc Essay Example Avicenna on Induction.Doc Essay Avicenna on Induction.Doc Essay Avicenna on Induction M. A. Ejeii University of Isfahan ABSTRACT The aim of this paper is to discuss Avicennas deductive justification of induction. The paper introduces Avicennaâ⠢s theory of induction as a post-falsificationist theory of his time, and then proceeds to discuss a distinction he has made between induction and experience. The paper then discusses the theory and focuses on some of the problems related to Avicennaâ⠢s claim that our belief in inductive generalization is based on a deductive structure, and differentiates it from a view criticized by Hume. The paper ends up with a short comparison of what Avicenna, Hume and Ayer say on the kind justification in question. Keywords: Avicenna, Ayer, Hume, Induction, Experience, deductive justification, Principle of Plenitude. Introduction Inductive reasoning is discussed in almost all Avicennaâ⠢s logical works.[1] But his most detailed discussion of induction occurs in his encyclopedic work Al-Shifa (The Healing), in Kitab al-Burhan (Book of Demonstration). For the purpose of our current discussion it is important to note that, prior to Avicennaâ⠢s time, there had been some philosophical discussion of the problem of induction, and various attempts to find justification for inductive knowledge. Among these theories there had also existed a falsificationist view to which Al-Farabi (d. 950/51), Avicennaâ⠢s predecessor, adhered. The following excerpt, which the writer found in one of his logical works, corroborates the point: And there are some others who wanted to validate (tas-hih, making sound/correct) the major premise through induction, but when they found that induction is inadequate for that purpose, a point, which we have frequently made in what we said before, they rejected induction as a means for justifying that premise, and used it instead to falsify it.[2] Now, one can safely assume that Avicenna had been quite familiar with the views of his well known predecessor and the kind of critical approach to the problem of induction that al-Farabi is talking about, As a result, Avcennaâ⠢s own treatment of the problem can be seen as comparable to that of the post-falsificationist theorists of our own time. Thus his suggestions can be found relevant to current discussions of the problem and contribute to discussions. Unfortunately there is no further reference to, and information on this topic in al-Farabiâ⠢s extant works, but assuming Avicennas familiarity with those discussions and works, his treatment of the problem can be seen comparable to the post-falsificationist theorists of our time, that in their treatment of induction have reverted to concepts of causality and essences. [3] 1. Experience vs. Induction Avicennaâ⠢s deductive justification of induction Inductive reasoning is discussed in almost all Avicennas logical works. But his most detailed discussion of induction occurs in his encyclopedic work Al-Shtfa (The Healing), in Kitab al-Burhan (Book of Demonstration). The cornerstone of Avicennas theory of inductive reasoning is a distinction he makes between experience and incomplete induction. According to him experience is a rationally justified procedure, while (incomplete) induction is not. In Al-Najat (Deliverance) he defines induction as a judgment about a universal, inasmuch as it is realized in its particularsâ⠢.[4] The definition is intended to cover both complete and incomplete induction in their Aristotelian sense. Hence Avicenna immediately proceeds to divide induction thus defined into two kinds, complete and incomplete: either in all particulars, which will be a complete induction, or in some of them, and this will be an incomplete inductionâ⠢. The undivided sense is in agreement with Aristotleâ⠢s definition of induction as stated in Topics, i.e. a passage from individuals to universalsâ⠢. It also accords with induction as discussed in Prior Analytics, i.e., a passage from all the species of a genus to a generalization about the genus itself.â⠢ The inadequacy of incomplete induction is emphasized in almost all of Avicennaâ⠢s logical works. Here is a quotation from his Daneshnameh (Book of Knowledge): And when those who indulge in inductive reasoning observe that many or most cases are of a certain attribute, they conclude that all are so. But the conclusion does not necessarily hold true, since it may be that the unobserved instances are contrary to the observed ones, and while a hundred thousand instances agree, yet there may be another that doesnâ⠢t. This is exemplified by the case of crocodile, which moves its upper jaw [when chewing], and not its lower one.[5] Having rejected (incomplete) induction as a means of justifying empirical generalizations, Avicenna, instead describes a partially similar procedure which he calls experienceâ⠢. While by definition not a species of deduction, experience, nevertheless, exhibits a deductive structure. In short, the process of attaining certainty in empirical generalizations, according to Avicenna, starts with the observation of particulars, and then reaches its conclusion through a deductive mode of thought, a deduction that elsewhere calls concealed (or imperceived) deduction.[6] It is due to the introduction of this deductive mode that experience differs from induction and the conclusion of an inductive reasoning is in fact justified. But what exactly is this concealed or imperceived inference Avicennas characterization suggests a natural explanation. However, in order to explain the details it will be convenient to rely as much as possible on Avicennas texts. This, of course, calls for lengthy quotations, but due to the importance of the point in question the reader, hopefully, will find it rewarding. In the following quotation Avicenna first illustrates the difference between induction and experience by an example, and then discusses some objections to, and possible misunderstandings of, his method he experience and the concealed inference involved. So let us start with his argument for the method of experience: Experience, however, is different from induction. And we shall soon explain what the difference consists in. Experience is like drawing the conclusion: scammony is purgative of bile. Surely when that happens frequently enough, it cannot any longer be considered as a matter of coincidence. So we make the judgment that it is in the nature (Shaâ⠢n) of scammony to be purgative of bile, and we are assured of that. [7] Further down, on the same page, but in another connection, Avicenna states the same argument in slightly different words: When it is verified repeatedly that the purging of bile follows the administration of scammony, we will conclude that this cannot be regarded as a matter of coincidence. Since what is coincidentally true cannot occur always or frequently. Thus we conclude that it is caused by scammony. The above argument uses as its major premise the principle What is true as a matter of coincidence cannot occur always or frequentlyâ⠢. This premise together with the frequently observed fact that administration of scammony is followed by the purging of bile, yields the conclusion: scammony is purgative of bile. The argument is thus, a hypothetical syllogism and has the form of: (1) p ( ~ q, ~ ~ q, /( ~ p The argument (1) is a deductive one, but it is not to be confused with another argument, also called deductive, discussed often in the literature, and propounded first by Hume in order to criticize it. We shall discuss that argument in part 3 below. The argument (1) also called concealed or imperceived deduction, lies at the ground of our belief in empirical generalizations. Now for example, when under the familiar same circumstances a sufficient number of cases of administration of scammony were followed by purging of bile, due to the concealed argument (1) with the major premise What is true as a matter of coincidence cannot occur always or frequentlyâ⠢ results in the conclusion Scammony is purgative of bileâ⠢. The first premise says if things did occur as a matter of coincidence then it would not be that they occur always or frequentlyâ⠢. Now, negating the consequent (canceling double negation) we shall have: therefore the course of events in question is not a matte r of coincidenceâ⠢, i.e., Scammony is purgative of bile. Thus, when a sufficient number of observations made of the administration of scion being followed by purging of bile, or that water boils when heated to a certain temperature, then under the conditions described below in part 2, on the ground of general principle of causation and in the form of Modus Tollens one concludes the generalization that `Scammony is purgative of bile`, or ` water boils when heated to a certain temperature`. Avicennaâ⠢s example is a typical causal law, i.e., a law that mentions a cause and an effect. It, however, can be easily generalized to the so called functional relationship, like the one which exits in the gas law in its classic form, and which establishes a relation between the volume, temperature, and (external and internal) pressure of a gas. The general form of the concealed argument, of course, remains the same as in (1). It seems to me, though I will not argue it here, that the principle that whatever is true as a matter of coincidence cannot occur always or frequentlyâ⠢ is related somehow to the Principle of Plenitude according to which everything that is possible will also some time come true. Avicenna seems to be committed to this principle in Al-Shifa. In that book he always equates possibility with being sometimes true and necessity with being always true.[8] However there is another suggestion for the origin of the principle. Professor Weinberg has suggested that the principle is directly derived from Aristotle. Professor Weinberg does not mention any reference to Aristotleâ⠢s works, but his suggestion is supported by Aristotleâ⠢s text in his discussion of the four causes, in Physics, II, where he talks about chance and spontaneity. I shall return to this issue in the appendix. 2. Explanation and Further Elucidation We shall now turn to a question that is essential to Avicennaâ⠢s theory of induction, and of which he is concerned to clear up some possible confusion. Here again I shall quote first a passage in which he summarizes his method from the end of his discussion in al-Shifa, and then explain various points he makes by adding further details. In the quotation that follows the numbers have been inserted to demarcate the different elements of his theory. He writes: What we are saying is this: [1] Often, as a result of experience, we find ourselves in a state of certainty, and we want to explicate the circumstances under which the certainty is attained. [2] This happens when we are assured that nothing accidental is taken into account, and [3] this in turn will be the case when the properties of the object are known to us, and [4] we find out that when the object exists some other thing always or often follows, and that when the object does not exist, that other thing does not follow either.[9] [1] makes it explicit that Avicenna is not skeptic about the possibility of knowledge. Thus his aim is the central goal of doing philosophy of science, i.e., to explain and validate scientific knowledge. In his words the question is, under what circumstances the state of certainty in scientific knowledge is attained [2] and [3] are essential to his view and state the circumstances under which the generalizations are arrived at and lead to certainty. The term accidental, as it occurs in [2], is used in its widest sense, meaning, not causing the effect. As an example of this, he mentions a generalization about scammony being purgative of bile, when the plant is grown in certain countries, but not in others. According to him, the generalization fails because something accidental to the situation is mistaken for what is essential. He writes: Thus nor do we deny that scammony may acquire, or lack, some specific nature or characteristic in some regions such that it may not be purgative of bile. Rather the experiential judgment must be as follows: the scammony of the kind known to us at present, and through our senses, is, by its nature, or because of a certain property in it, purgative of bile, unless an impediment intervenes. [10] In other words the generalization is not about scommony absolutely or under any condition, it is rather about the kind presently known to us, and through our senses. The argument is that if scammoy under such and such condition were not purgative of bile, this would not have happened often or regularly. The conditions include for example the property of being scammony grown in some specific region, and not just being scammony. He offers a similar explanation when he discusses another counterexample adduced by a critic. The counterexample has resulted from an imagined observation made in Sudan, where it is supposed that no other men but the colored are in sight and they are the only people that appear to the senses. Upon repeated observations, the critic continues, one should conclude the false generalization that All men are coloredâ⠢. Discussing this counterexample, Avicenna explains the observation here is not being carried out just among human beings, as is implied by the con clusion, but among human beings under such and such conditions, or from such and such parents.. He writes: In short, if by birth is taken [to mean] as being born of colored people, or born in such and such a country the experiential judgment will hold true. But if the conclusion is taken generally, i.e. as being born of people, then the conclusion will not hold with regard to the particulars referred to. For the experience has been carried out among colored people and not just among people, and these two are not the same things.[11] Thus [2] constitutes Avicennaâ⠢s diagnosis for all cases in which experience leads to error, These are cases in which something accidental is taken into account, namely what is not really a cause is taken as a necessary or a sufficient condition for the phenomenon in question. However, he mentions that if the characteristic is coextensive with the one under investigation, the conclusion will hold in connection with it also. It is for this reason and other disturbing conditions that Avicenna is prepared to accept that experience can sometimes lead to error: We never maintain that experience is immune from error, and that it always leads to certainty. How can that be maintained, while even syllogistic inferences are not exempt from error[12] In order to arrive at elements that are essential to a causal connection, (3) is introduced. According to (3), to achieve a correct generalization the properties of the object must be known to us. This is required in order to determine the properties from whose existence the effect follows, and also to eliminate the possibility of there being some other factors that are essential but not taken into account. The certainty will obtain to the extent that we are assured the initial conditions obtain and are the same as those that existed in our observations. This of course will not affect the deductive structure of inductive reasoning described earlier. [4] states the concealed deduction. The central question about the major premise is, is that proposition analytic or synthetic To complete our discussion of the state of Avicennaâ⠢s deductive justification of inductive generalizations, two further points must be discussed. The first concerns the indispensability of deduction in inductive generalizations, and the second pertains to the hypothetical nature of generalizations thus arrived at. Avicenna evidently does not here mean that inductive generalization is purely a deductive process, but only that without the deduction generalization will not be formed. He writes: It is not by reason of the frequency of the observed instances alone that the universal judgment in question is formed, but rather as a result of frequently observed effect, together with the deduction we have just mentioned.[13] The above point is important, since some people think that the deduction in question is not needed.[14] Avicenna flatly rejects the idea that induction is purely enumerative or self-supporting. The above point is the basis of his whole theory of experience. Another point is the kind of relevance the concealed deduction bears to experiential generalization. According to Avicenna if the deduction were not to be formed, the certainty invested through observation would not be imparted to the conclusion. A next point concerns the hypothetical nature of inductive generalization obtained; the conclusion itself is hypothetical and not categorical. As a limitative aspect of his experiential method, Avicenna is much concerned to point out that the generalities thus arrived at are not absolute, but conditional, conditional upon the existence of the circumstances in which observations have been carried out. It follows, that the subsequent application of the laws in question will hold true only in cases where the circumstances under which the generalization is made obtain. Such laws, then, will not take the simple form, If x is an instance of scammony, then, given that it is prescribed, it will be purgative of bile, but the much more restrictive form: If x is an instance of the scammony of the kind k observed in this region which is here and now present to our senses, then, given k, it will be purgative of bile, unless an impediment intervenes. This in part is to ensure that the condition (2) holds. In this connection Avicenna writes: The judgment will hold universally only under those conditions in which the experience is being made, and the frequently observed property of the object will pertain to the nature of the object permanently only in the region in which the observation has been carried out. And that will be the case unless an impediment intervenes. Thus the universal judgment formed through experience will hold true under these conditions, and not absolutely.[15] But isnâ⠢t the condition only in the regionà ¦Ã¢â ¢ too restrictive In other words, does not the condition make the conclusion unduly restricted in scope, and thus quite unsuitable to be used as a premise in demonstrative sciences The answer is that the conclusion will not be restricted in scope in the sense in which the statement all the hair on my head is blackâ⠢ is. Rather it is restricted in the sense that the statement all hair having the same condition the hair on my head has, is blackâ⠢ is restricted. In fact, he wants to see generalizations thus obtained as supported by corresponding true counterfactuals. He writes: However if the subject matter is of a specific nature, then the specific quality may be what has been effective in the majority of instances available to us in our observations. This will no doubt prevent the conclusion from being unrestrictedly general, and requires it to be more specific with regard to the nature of the things observed. Failure to see this point can make the result of experience erroneous with respect to generality. Although in cases like that we are assured that an object, which is so and so will be such and such, we are never assured that, if any thing is so and so then it will be such and such.[16] 3. A Note on a Criticism of Deductive Justification of Induction. An objection has been sometimes raised against a version of deductive justification that differs fundamentally from the one discussed by Avicenna. The version in question is first discussed by Hume in order to criticize it. It uses the principle that Nature is uniform as its major premise. Ayer raises an objection to Hume suggestion and argues that if the deduction thus formed is accepted it can prove too much, and it would have unexpected consequences. We shall briefly discuss Ayerâ⠢s objection in order to show that Avicennaâ⠢s deductive justification is not open to this kind of criticism. A. J. Ayer in his Probability and Evidence, discussing various stages of Humeâ⠢s skeptical argument, at a certain stage finds himself obliged to part company with himâ⠢. This is where Hume, discussing the problem we are dealing with, holds that to make an inductive conclusion valid we need as an extra premises the principle that instances of which we have had no experience must resemble those of which we have had experience and that the course of nature continues always uniformly the sameâ⠢. Ayer adds: The obvious objection is that a principle so general as the one that Hume advocates cannot possibly do the work that is here required of it. We cannot validate the inference form all observed As are Bs to All As are Bs by adding as a major premises Nature is uniform`. The syllogism `Nature is uniform`, `All hitherto observed swans have been white`, therefore `All swans are white` is not to be rejected as John Stuart Mill maintained, just because the minor premise turned out to be false and so landed us with a false conclusion. It was invalid all along.[17] Ayerâ⠢s contention here is that the syllogism `Nature is uniform`, `All hitherto observed swans have been white`, therefore `All swans are white` is not invalid either because its major premise is false as Hume thinks, or because its minor premise is false as Mill says, but because the syllogism is formally invalid. Given that the universe is uniform and that All hitherto observed swans have been whiteâ⠢ it would not logically follow that `All swans are white`. Thus the argument is to be rejected not because some of its premises are invalid, but because the inference has not a valid form. Ayer continues: But of course such discoveries are not taken as refuting the uniformity of nature. They are taken only as proving that the uniformities that nature exhibits are in some respects different from what we had supposed them to be. Not `All swans are white` but `All swans are nonchromatic`, or, All swans are white under such and such conditionsâ⠢, or black, under such and such other conditions.[18] These few lines are in complete agreement with what Avicenna has to say in the presence of a falsifying situation. The discovery of non-colored human beings was explained by saying that being born of human parents is not a sufficient condition for a newly born human being to be colored. It is interesting to note that the language and the example used here by Ayer are pretty much the same as the ones used by Avicenna : Ayer uses the example here to refute the deductive justification of induction, but Avicenna uses his example to remove a possible misunderstanding concerning his proposed method. According to Avicenna the conclusion is false not because its major is false, but because the conditions under which the observations are made are not taken into account in the conclusion. Here Ayer seems to interpret uniformity of natureâ⠢ in its weak sense, while as it is obvious from the context of Millâ⠢s argument, he actually uses the phrase in a stronger sense, in which it means uniformity under the specific circumstances where the experience is madeâ⠢. Leaving this point aside, to be sure, Ayer is right in holding the deductive generalization cannot be validated by adding as its major premises Nature is uniform`, since this would not be a valid argument form. In contrast, the deduction described by Avicenna is of Modus Tollens form, and valid. Its major premise is based on a general principle of causation to the effect that every event has a sufficient cause. The generalizations thus obtained are of course, According to Avicenna, not absolute and unconditional, but restricted and hypothetical. To return to the example Ayer discusses, the correct generalization would not be: All swans are whiteâ⠢, but All swans begotten from white parent swans are whiteâ⠢, etc.. According to Avicenna, when this condition is not satisfied, the experience can only yield probable judgmentâ⠢.[19] A similar point can be made in connection with Humeâ⠢s remark when he writes, The bread which I formerly ate nourished me; that is, a body of such sensible qualities was, at that time, endued with such secret powers. But does it follow that other bread must also nourish me at another time, and that like sensible qualities must always be attended with like secret powers The consequence seems nowise necessary. Avicenna would agree that the consequence is not necessary. As in the case of his own examples, the universal judgment, he would say, will hold true only under certain conditions, and not absolutely. In the case of Humeâ⠢s specific example Avicenna would say, it is not just a body of such sensible qualities absolutely and without further qualification that would be taken as attended by the power of nourishment, but along with it there are some other conditions that are determined and operative. These conditions may be partially or even wholly unknown to us and neglected, and this explains why experience sometimes errs. As we noted in part 2, Avicenna said that the conclusion (about scammony) will follow if it is restricted to the scammony grown in certain countries, and is of the kind known to us at present. According to him, the generalization fails because something accidental is mistaken for what is essential. This was the same point made by Ayer about what has gone wrong with the generalization All swans are white. Appendix At the end of chap. 4 of his Physics, II, Aristotle proposes to discuss the question what chance and spontaneity areâ⠢, and asks whether or not they can be reckoned among the division of causes.[20] The following chap. starts by: First then we observe that some things always come to pass in the same way, and others for the most part. It is clearly of neither of these that chance is said to be the cause, nor can the effect of chance be identified with any of the things that come to pass by necessity and always, or for the most part. This and similar passages in these chapters must be what people have taken as expressing the principle, What is true as a matter of coincidence cannot occur always or frequentlyâ⠢. But a careful examination of these passages will leave no doubt that what Aristotle has intended here is not a principle from which one can infer individual inductive laws. his thesis about language has been turned into a thesis about the world. He continues, however, not only have there been some philosophers who have mentioned chance among the causes, but there is, he reports, a further circumstance that is surprising: people often speak of events that occur by chance. He writes: Many things both come to be and are by chance and spontaneity, and although they know that each of them can be ascribed to some causeà ¦nevertheless they speak of some of these things as happening by chance and others not.[21] Elsewhere, but in the same connection, Aristotle mentions as a case of chance the example of a man who, coming by chanceâ⠢ into the market and finding there a man whom one wanted, but did not expect to meetâ⠢.[22] In this circumstance the meeting of the man is described as a chance event. Now the surprising circumstance, according to Aristotle, is that while some people believe that the meeting of the man is not due to chance, yet people often speak of that event as happening by chance. Aristotle thus sets out to analyze the circumstances under which an event is said to be happening by chanceâ⠢. The first characteristic he identifies as required for an event to be described as happening by chanceâ⠢ is that it should not come to pass by necessity, always or for the most part. Thus he is referring here to a necessary condition under which the expression by chanceâ⠢ or its equivalents can apply. If the condition does not obtain, the expression is no longer applicable. If the man who went to the market had met the other man there always or frequently, that particular instance of meeting him would not have been characterized as a matter of coincidenceâ⠢, or as occurring by chanceâ⠢. Stating these necessary conditions for the application of the term the effect of chanceâ⠢ seems to be all that Aristotle has in mind when he says, nor can the effect of chanceâ⠢ be identified with any of the things that come to pass by necessity and always, or for the most partâ⠢. From this I conclude that Aristotleâ⠢s statement is not to be taken to imply that if the circumstance is not of the type to which the expression the effect of chanceâ⠢ is applicable, then there is a necessary or causal connection involved in that circumstance. On the contrary, it seems fairly clear that the statement in question describes one of the conditions Aristotle has found necessary for describing an event as happening by chanceâ⠢. If this is correct then the principle cannot be used as a ground for justification of inductive generalization. There is yet another condition in this theory to be satisfied, if an event is to be described as happening by chanceâ⠢. It must belong to the class of events, [I]n connexion with which the phrase for the sake of something is applicable. (Events that are for the sake of something include whatever may be done as a result of thought or of nature).[23] Thus, according to Aristotle, where both conditions apply the event is said to be happening by chanceâ⠢. This means that if the second condition were not satisfied the phrase would not be applicable. That is, it may be that an event is infrequent and rare, and yet not referred to as coming about by chance. From what we have said it is, however, clear that the statement What is true as a matter of coincidence cannot occur always or frequentlyâ⠢ as it is used by Aristotle is different from that statement as it used by Avicenna. Avicenna wants to employ the statement as a principle underlying our inductive reasoning, and as a ground for establishing the existence of a necessary connection among events that occur always or frequently in a determinate manner. And this is not, as we have observed, the way in which Aristotle uses the principle. When he said due to chanceâ⠢ could not be said of the events that occur frequently, what he meant was that when any course of events occurs frequently it can no longer be characterized accidentally. Thus, the principle in question concerns not the presence of a necessary connection, but rather the use of the expression by chanceâ⠢ or accidentally. To use that statement for establishing the existence of a causal connection seems to invol ve a misinterpretation of an Aristotelian thesis that is about language as a thesis about the world. Acknowledgement It is a pleasure to record my thanks to Professor Paul Thom and Professor Frank Jackson of ANU who, commented on an early draft of this paper, and to the University of Isfahan that supported the research. References Al-Farabi, (1985/86). Al-Mantiq inda l-Farabi, edited by R. Al-Ajam, 3 vols. Beirut. Aristotle, (1928) Posterior Analytics, translated by G. R. G. Mure, under the editorship of W. D. Ross, Oxford University Press. Aristotle, (1928) Prior Analytics, translated by A.J. Jenkinson, under the editorship of W.D. Ross, Oxford University Press. Aristotle, (1928) Topics, translated by W. A. Pickard-Cambridge, under the editorship of W. D. Ross, Oxford University Press Aristotle, (1930) Physics, translated by R. P. Hardie and R. K. Gaye, under the editorship of W. D. Ross, Oxford University Press. Avicenna, (1956) Al-Shifa: AI-Mantiq. AI-Burhan(Demonstration), Cairo, edited by A. E. Afifi, Cairo. Avicenna, (1964) Al-Shifa, AI-Tabiâ⠢yyat (Physics), edited by Sa`id Zayed, Cairo. Avicenna, (1971) Al-lsharat wal-Tanbihat, with Tusiâ⠢s Commentary in Margin, edited by S. Dunya, 4 vols., Cairo. Avicenna, (1971) Avicennaâ⠢s Treatise on Logic, translated by F. Zabeeh, The Hague: Martinus Nijhoff. Avicenna, (1984) Remarks and Admonitions: Part One: Logic, translated by S. C. Inati, Pontifical Institute of Mediaeval Studies, Toronto, Canada. Avicenna, (1985) Al-Najat, edited by M. T. Daneshpazhooh, Tehran University Press, Tehran. Ayer, A. J. (1972) Probability and Evidence, Macmillan. Cohen, L.J. and Hesse, M. (eds.) (1980) Applications of Inductive Logic, Oxford, Gohlman, W. E. (1974) The Life of Ibn Sina, Albany: SUNY Press Claredon Press. Hume, D. (1955) A Treatise of Human Nature, ed. Selby Bigge, L. A. Oxford. Weinberg, J. R. (1965) Abstraction, Relation, and Induction, University of Wisconsin Press, Wisconsine [1] Avicenna ( Ibn Sina ) lived from 980-1037 AD. For further information on his life, see Gohlman, W. E. (1974). For a detailed discussion of Avicennaâ⠢s influence upon Mediaeval philosophers, see Weinberg, J. R. 1965, chap. iii. [2] AL-ajam, R. 1`985/86, Vol. 3 , p. 100. [3] See Cohen, L.J. Hesse, M. 1980, p. viii. [4] See also, Avicenna, 1985, p. 5,: Avicenna, 1984, p. 129,: Avicenna, 1964, p. 557. [5] The translation is made by the author from the Persian original. Also cf F. Zabeeh, 1971, p. 25. Similar remarks can be found in Avicenna, 1984, p. 129. [6] In al-Shifa, he refers to this deduction simply as deduction but in a later work, al-Isharat, he also adds the adjective concealed (or imperceived), perhaps to distinguish it from enthymeme. [7] Avicenna, 1956, p. 95, ff. All my translations into Englishare are made from this edition. [8] It must, however, be said that his last work, Isharat does not support the principle and allows for unrealized possibilities. [9] Avicenna, 1956, p. 97. [10] Avicenna, 1956, p. 97. [11] Avicenna, 1956, p. 96. [12] Avicenna, 1956, p. 97. [13] Avicenna, 1956, p. 96. [14] For a servey of Inductive support for induction see Induction by Max Black, in Encyclopedia of Philosophy , ed. Paul Edwaqrds, 1986. [15] Avicenna, 1956, p. 96. [16] Avicenna, 1956, p. 97. [17] Ayer, 1972, pp. 20-1. [18] Ibid., p. 21. [19] Avicenna, 1956, p. 96. [20] Physics, II, 4, 196b 8-9. [21] Physics, II, 4, 196a 12-14. [22] Physics, II, 4, 196a 2-4. [23] Physics, II, 5, 196b 21-23.
Thursday, February 20, 2020
Medication error Essay Example | Topics and Well Written Essays - 1500 words
Medication error - Essay Example There was a patient who had been recently diagnosed with cancer. She was being moved into the operating room for a permanent placement of intravenous line inside her chest. The medical team had resolved to postpone the chemotherapy for a day or two in the morning rounds, but the doctor in charge decided to do the chemotherapy the very night. I was already taking care of three patients and nothing new was in my plan till then. The patient was soon to arrive from the operating room while I had several orders of chemotherapy to check on my part, not just once, but double-check before forwarding them to the pharmacy so that administration could be commenced. After completing the checks, I went to see the patient who had by the time come out of the operating room. The patient was feeling very hungry, but the hospital kitchen was closed. So I took jam and bread from the pantry to make a sandwich for her. I noticed an unusual leak in the IV line of the patient as she tried it. We had not en countered such a problem before. Even the surgeon had come back from his home to check if everything was alright. After the checkup, everything was found to be fine so I provided the patient with the chemotherapy that was scheduled for her. I was feeling very exhausted but deep inside, I was satisfied that I had made it. I felt like a Superman who could do it all. The next morning, I was awakened by a phone call that was too early for the regular calling time. Actually that there was still a chemo dose in the table in the hospital as I had provided the patient with just one dose instead of two that were supposed to be given. I could feel electric shocks run down my spine. In chemotherapy, the drugsââ¬â¢ timing can alter the treatmentââ¬â¢s quality and effectiveness. I was very worried to have put the patient into such a compromising situation and she might even die because of lack of proper treatment in time just because of the mistake I had made.
Tuesday, February 4, 2020
Business information system Case Study Example | Topics and Well Written Essays - 250 words
Business information system - Case Study Example The relevance of the case is to show the need for a strong internal control system which will help in fraud detection. It also emphasizes on the need to have a clear separation of duties and responsibilities to ease fraud detection (IT Governance Institute 19). The alternative solution is the implement of a preventive and detective internal control in order to detect fraud and any irregularities. Alternatively, the company should make use of passwords in different departmental systems. Internal control is part of business information systems and is inseparable from technology and this shows how the concepts learned from the course on business information system integrate with technology (IT Governance Institute 19) The case is an indication of ignorance on the part of the company. The company did not frequently check the system to ensure it is strong. The article on the benefits of a strong internal control system from http://www.nysscpa.org/cpajournal/2005/305/essentials/p58.htm justifies this point of view. There is need to monitor and frequently check the internal control system of any company to ensure no fraudulent or criminal activities takes place. With the rapid change in technology, there is the need to take any necessary measures to enhance security of all systems in the company or for personal
Monday, January 27, 2020
Analysis of the UK Banking System
Analysis of the UK Banking System A strong and efficient Banking system is a key to progress in a country.To achieve an efficient a banking system one should analyze the internal and external factors of that country. For this issue I have chosen ENGLAND banking system to know its internal and external factors faced by its banks? what kinds of banks are operating in uk?,what kinds of activities are performed by them?what are the sources of finance in uk?what is the evolution of banking in uk?what is the role of central bank in uk?etc First of all a question raise in our mind what is meant by system?System is an integrated collection of different part of a body which performed specific function for example banking system of uk it has many banks in parts which perform different functions like commercial banking,investment banking,specialized banking and central bank collectively known as banking system of uk.In uk banking system it has a central bank which is Bank of England .IT is the head of all the banks it control and regulate the affair of all schedule banks like HSBC, Barclay Bank and ROYAL BANK OF SCOTLAND all these banks deals in day to day functions of receiving deposits and advancing finances to the public.Banking system stability depend upon the external factors such as saving ,national income,industrial growth and development,government policies and internal factors such as bank ability to channel the deposit safely to the borrowers normally industrial sector. Benefits of a strong banking system in uk is that it will channelize the idle funds from the hands of depositor to the one who required such finances to invest It in that place which is useful for the development of the uk.Strong banking system of uk is playing an important role in increasing the saving of the people by providing incentives by giving them attractive interest rates.The banking system of uk is also helpful for the creation of new industries by providing finances to the industrial sector.The banking system of uk is also providing finances for the promotion of trade and commerce. Banks provide finance to the industry and the public as well and charge interest on it and earn profit for the bank.A question comes in our mind are banks main finance provider for the industry externally or other sector contribute in it the most.i have gone through an article of colin mayer.in this article he compare the investment activities and sources of getting the finance in venture capital in some countries like uk, germany japan and other countries he concluded that the souces of funds and investment differ in different countries due to financial system,economic condition, geographical factors and sectors difference.For example the amount of fund required in germany and japan are mainly cover from banks,corporation sources in Israel and pension funds sources in UK. Sources of finance analysis In ENGLAND 44% OF THE FINANCES ARE COVER FROM BANKS BUT MAIN SOUCE IS PENSION FUNDS WHICH SHOWS 49% FINANCIAL SOURCING MEAN IN INDUSTRY. Following data displays the sources of external finance for the industry in the four diferrent countries,showed some important facts. In Germany, banks provide the main source of finance for the VC industry, and pension funds. By contrast, in the ENGLAND pension funds provide the main source of finance for the VC industry, other institutional investors, and individual investors PLAY AN IMPORTANT ROLE IN FINACEING THE INDUSTRY OF MANY COUNTRIES as many companies as banks. Contrary to popular views, government atorities also play an important role for (typically local authority) funding plays a more important role in the United Kingdom than it does in Germany, and is negligible in the other countries. Table 1. Sources of external funds for the VC industry This table reports sources of funds of VC firms in Germany, Israel, Japan and the United Kingdom based on binary and not mutually exclusive responses to a question of whether or not a particular fund uses a certain source. Panel A displays the proportion of funds that report using a given source. Panel B displays the percentage of funds using one, two, three, or four or more sources. Mean values which are statistically different from those of the United Kingdom at the 10% level. Mean values which are statistically different from those of the United Kingdom at the 5% level. Sources of funds for the Israeli VC are banks from the above figure it is shown, with industrial corporations (typically from the United States) being the single most popular source of funds. In Japan, non banking financial institutions (e.g., securities firms, credit card or leasing companies and mortgage institutions) are the single most important category of finance among Japanese funds, followed by banks and insurance companies.9 It is quite common in Japan for the owners/providers of finance for Japanese VC funds to be all affiliated with the same bank-centered corporate group, or to be otherwise related to each other. In over half of the Japanese funds in our sample, at least three of the five largest shareholder providers of finance are related to each other or affiliated with the same group. VC funds in Germany tend on average to use fewer sources of funds than do VCs in other countries (Table 1, Panel B). By contrast, funds in Israel, Japan and the United Kingdom tend to use many sources of finance; in particular, about a third of the UK funds report using at least four different sources.10 Relying exclusively on bank finance is also very common in Germany: over 60% of the VC funds that raise money from banks use this source exclusively; the corresponding figure for the United Kingdom is about one-third, and for Israel about one-fifth. Surprisingly, despite the typical characterization of the Japanese economy as bank dominated (like Germany), only one-seventh of the Japanese VC funds in our sample rely exclusively on bank finance. EVOLUTION OF BANKING IN UK AND ITS DEVELOPMENT STAGES : The birth of modern UK Banks Strange as it may seem, UK banking can trace its origins back to the days of the Roman conquest. During the period of the Roman conquest of Britain, Romans conducted two forms of banking business: one, called argentarii, of a professional nature; the other, called feneratores, of an amateur nature run by the elite nobles of the Roman Empire. What was said to characterise this institution was the two-fold service of (a) receiving deposits and (b) advancing credit. Modern UK banks evolved in the 1530s., it was not really until approximately 400 years ago, during the mid-1600s, that London really started to make its position as a financial backbone of importance when goldsmith bankers started to emerge, following King Charles I seizure of gold deposited in the Tower of London and the English Civil War, as a safe-haven (away from the clutching arms of the Crown!) for the gentry and aristocracy to deposit their money and valuables. Shortly after this period (circa. 1677), there were a recorded 44 goldsmith bankers in London acting as keepers of running cash who ran their business on a personal liability basis. However, strict legal controls on how big goldsmith bankers could become (because of the strict personal liability basis), together with poor transportation and communication, combined to restrict the growth of these i nto national UK banks [evidenced of this can be seen in the fact that in 1784 the total number of UK banks exceed 100; but only 7 had more than one office]. The wind of change Following a number of prominent UK bank collapses in the early 1820s, parliament finally relaxed the laws governing who could own banks to allow for joint stock banking (1826) [A notable exception to this was the establishment of the Bank of England as a joint stock bank some 200 years before this legislation]. Importantly, joint stock banking allowed the owners of UK banks to spread the risk among a number of proprietors. This, combined with the Industrial Revolution, better transportation and faster means of communication all resulted in a growth of more national banks in the UK. Prominent among these was the foundation, in 1833, of the National Provincial Bank of England (later to become National Westminster Bank NatWest), the first UK bank established with the specific agenda of being a national bank. Although UK banks began to expand nationally during this period, the services they (did and could) offered did not. Consequently, it was also around this time that another division in UK banks began to emerge; namely the formation of the Big Three banking sectors: Clearing High Street Banks even as recently as 1900 there were a reported 250 private and joint stock banks operating in the UK; Merchant Banks; and Other financial institutions; such as Building Societies which came into being following 1874 legislation The Bank of England founded in 1694 to act as the Governments banker and debt-manager. Since then its role has developed and evolved, centred on the management of the nations currency and its position at the centre of the UKs financial system. The history of the Bank is very interesting one. Events and circumstances over the last three hundred or so years have change and influenced the role and responsibilities of the Bank. They have adopted the culture and traditions, as well as the expertise, of the Bank which are relevant to its reputation and effectiveness and responsibilities a central bank in the early years of the 21st century.The history of the Bank passed different situation and circumstances of to the economic and financial history, political history, of the United Kingdom. If you want to get closer to the Banks history and are visiting London, the Banks Museum provides a unique insight into the history of the Bank and its business, alongside a great deal of material about the Bank today. Key moments in the Banks history a brief guide King William Queen Mary When William and Mary came in 1688, public finances were not strong. The system of money deposit and advancing it(credit) was in not working efficiently. At that time a national bank was needed to mobilize the saving and investment,the nations resources. MR Willium Peterson William Paterson proposed a loan of à £1,200,000 to the Government. In return the subscribers would be able to incorporate the Governor and Company of the Bank of England. The Royal Charter The money was raised in a some weeks and the Royal Charter was sealed on 27th July 1694. The Banking started life as the Governments banker and debt-manager, with 17 clerks and 2 gatekeepers. In 1734 the Bank moved to Thread-needle Street, gradually acquiring land and premises to create the site seen today. Commercial functions of the banks The Bank managed the accounts of that time Governments and made loans available to finance spending at times of peace and war. A commercial bank took deposits and issued notes. The 18th Century During the 18th Century the Government borrowed more and more money. These outstanding loans were called the National Debt. 1781: renewal of the Banks Charter Dependency on the Bank of England was such that when its charter was renewed in 1781 it was define as the public ex chequer. The bankers bank By now the Bank was acting as the bankers bank too. It was liable to fail if all its depositors decided to withdraw their money at the same time. But the Bank made sure it kept enough gold to pay its notes on demand. The Restriction Period By 1797 war with France had drained the gold reserves. The Government prohibited the Bank from paying claims of its notes in gold. This Restriction Period lasted until 1821. The 19th Century The 1844 Bank Charter Act tied the note issue to the Banks gold reserves. The Bank was required to keep the accounts of the note issue separate from those of its banking operations and produce a weekly summary of both accounts. The Bank Return, as its called, is still published every week. Lender of last resort In the 19th Century the Bank took on the role of lender of last resort, providing stability during several financial crises. The First World War: 1914-18 During the First World War the National Debt jumped to à £7 billion. The Bank helped manage Government borrowing and resist inflationary pressures. Gold In 1931 the United Kingdom left the gold standard; its gold and foreign exchange reserves were transferred to the Treasury. But their management was still handled by the Bank and this remains the case today. Nationalisation 1946 After the Second World War the bank was nationalised. It remained the Treasurys adviser, agent and debt manager. Financial crises During the 1970s, the Bank played a key role during several banking crises. The Bank was at the fore when monetary policy again became a central part of Government policy in the 1980s. Operational independence May 1997 In May 1997 the Government gave the Bank responsibility for setting interest rates to meet the Governments stated inflation target. The was enshrined in the 1998 Bank of England Act. Managing the modern bank The Banks governing body, the Court of Directors, as its known, is made up of the Banks Governor and 2 Deputy Governors, and 9 Non-Executive Directors (under the Banking Act 2009 There are different kinds of banks which are working in different parts of the world main banks are as follows all these banks are specialize in performing speacialized functions of banks.on the basis of different types of functions we have the following bank Bank of England is the central bank of England perform fuctions of monetory policy,fiscal policy.issue of notes,bankers banks,lender of last resort to other banks Alliance HYPERLINK http://www.alliance-leicester-group.co.uk/HYPERLINK http://www.alliance-leicester-group.co.uk/ Leicester plc Based in the UK, provides personal and business customers a comprehensive range of mortgage, investment, personal banking and insurance products, cash transmission services and corporate banking facilities. BankHYPERLINK http://www.bank-of-ireland.co.uk/ of Ireland Personal and business banking in Britain. British HYPERLINK http://www.bankfacts.org.uk/BankersHYPERLINK http://www.bankfacts.org.uk/ Association Principal representative body for banks active in the UK, with over 300 member banks from more than 60 countries. HSBC Midland HYPERLINK http://www.banking.hsbc.co.uk/Bank Personal and business banking division of HSBC. BankHYPERLINK http://www.bankofireland.co.uk/ of Ireland Northern Ireland Bank that provides private and corporate services worldwide. BankHYPERLINK http://www.bankofscotland.co.uk/ of Scotland Financial institution that provides personal banking, small-business banking and corporate services. Barclays Bank offers personal banking, student banking and international corporate banking. Bermuda Monetary Authority Responsible for the licensing of banks, deposit companies and investment businesses. Bradford HYPERLINK http://www.bradford-bingley-int.co.im/HYPERLINK http://www.bradford-bingley-int.co.im/ Bingley International Subsidiary of Bradford Bingley Building Society, a savings and loan bank. Bristol HYPERLINK http://www.bristol-west.co.uk/HYPERLINK http://www.bristol-west.co.uk/ West Specialists in mortgages, savings and investments. Cheltenham HYPERLINK http://www.cheltglos.co.uk/HYPERLINK http://www.cheltglos.co.uk/ Gloucester Provides mortgages, investments, savings and loans. HSBC Investment HYPERLINK http://www.cibm.hsbc.com/hsbcBank Provides the advisory and financing, equity securities, asset management, private banking and trustee, foreign exchange and capital markets trading, debt funding and treasury activities of the HSBC Group. Citibank UK Provides personal banking in the UK. Co-operative HYPERLINK http://www.co-operativebank.co.uk/Bank Provides banking services including Internet banking. BankNet Provides on-line Banking Service. A joint venture between MarketNet and Secure Trust Bank PLC. Coutts Group International private banking arm of the Royal Bank of Scotland Group offering investment, fiduciary and banking products. First Direct Member HSBC Group. Halifax Financial institution that provides personal financial services including mortgages, long-term savings accounts, home, motor and creditor insurance, retail banking, consumer credit and share dealing. Hamilton Direct HYPERLINK http://www.hdb.co.uk/Bank Division of HFC Bank PLC which provides unsecured personal loans and credit card products in the UK. Julian Hodge HYPERLINK http://www.jhb.co.uk/BankHYPERLINK http://www.jhb.co.uk/ Group Banking and financial services group owned by the Carlyle Trust. Legal HYPERLINK http://www.landg.com/HYPERLINK http://www.landg.com/ General Assurance Society Insurance company offering financial products including mortgage, investment, savings and home, life and health insurance. Leeds City Credit Union Financial cooperative offering savings and loans products to employees of selected employers in the Leeds area. Lloyds HYPERLINK http://www.lloydstsb.com/homepage/0,1001,general,00.htmlBank Financial institution that provides personal banking, small-business banking and corporate services. Lombard Financial institution that provides personal banking, small-business banking and corporate services. National Savings HYPERLINK http://www.nationalsavings.co.uk/HYPERLINK http://www.nationalsavings.co.uk/ Investments One of the largest savings organisation in the UK that offers savings and investment products guaranteed by the Government to personal savers and investors while contributing towards the Governments funding needs. NatWest Financial institution that provides personal banking, small-business banking and corporate services. Northern Rock Bank that offers savings accounts, deposit accounts, residential mortgages, investment mortgages and offshore savings accounts. Prudential Provider of portfolio management services, financial advice, mortgages and personal loans. Royal HYPERLINK http://www.rbos.co.uk/BankHYPERLINK http://www.rbos.co.uk/ of Scotland Bank specializes in corporate, private and offshore banking, as well as retail banking and private motor insurance. Scotiabank Group International Canadian banking group that provides retail, commercial, corporate, investment and international banking services to customers around the globe. Smile Internet bank, part of the Co-operative Bank PLC. Standard HYPERLINK http://www.standardbank.com/BankHYPERLINK http://www.standardbank.com/ London International merchant bank of the Standard Bank Group that offers specialist banking services and promotes trade, investment and business flows with an emerging market focus on a worldwide basis. Standard Chartered HYPERLINK http://www.standardchartered.com/Bank International commercial banking group providing consumer, corporate and institutional banking and treasury products and services with a focus on emerging markets in Asia, the sub-continent, the Middle East, Africa and Latin America. Standard Life HYPERLINK http://www.standardlifebank.com/Bank Subsidiary of The Standard Life Assurance Company that provides mortgages, savings and online banking. Triodos HYPERLINK http://www.triodos.co.uk/Bank UK branch of the Dutch trust bank that offers savings accounts and investments products financing projects with social and environmental benefits. Virgin Direct Personal Financial Service Ltd. Bank that offers savings accounts, deposit accounts, residential mortgages, investment mortgages and offshore savings accounts. Woolwich Financial services organization that provides mortgages, loans, investments, banking and insurance products and services. LIST OF BANKS OF ALL THE BANKS IN ENGLAND OPERATING TILL 2010 Uk major banks THERE ARE 116 BANKS OPERATE IN UK ACCORDING TO FSA website There are three types of banks, High Street Banks, Building Societies, andà Direct Banks. High Street Banks are the main banks, such as Royal Bank ofà Scotland, HSBC, NatWest, Citibank, and Barclays. Building Societies such asà Woolich, Abbey National, and Halifax were created for those who wanted toà save in order to buy a house and offer pretty much the same services as theà other banks. Direct Banks such as Co-op (Smile.co.uk) and First Directà dont have branches, but you can bank at First Direct at the Post Officeà and Co-op bank at their grocery outlets. They are telephone banks whichà have grown in popularity over the last few years Different Types of Banks * High Street Banks and Building Societies High Street banks and building societies are commercial banking businessesà whose primary market is consumer finance. These are the most common banksà you will encounter. * Investment Banks An investment bank is a financial company, securities firm or brokerageà house that purchases new issues of securities from private corporations andà offers them to their clients. They form a syndicate in order to sell theseà securities to their customers and the general public. * Private Banks Private Banks typically provide a more personal and customised set ofà services than high street banks. Marketed to individuals with large incomesà or high personal wealth, opening a private bank account usually requires aà very large minimum deposit. * Online-Only Banks Online-only banks offer the same services as traditional High Street banksà or building societies through electronic banking and the Internet. Theyà normally do not have branches for their clients to use. Besides online-onlyà banks however, a number of High Street banks also offer online services. The banking system in the UK is highly concentrated with the top 10 banks having over 90% of market share.
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