A divine rivalry

As each sweet note floated from the orchestra, Antonio Salieri felt his heart breaking.   The composition was perfect; each note was flawlessly arranged and perfectly layered upon each other.The mastery Amadeus possessed was something, Salieri could not have achieved in a thousand lifetimes. From its title, it would appear that Peter Shaffer’s play Amadeus is about the gifted composer Wolfgang Amadeus Mozart, yet the story is truly that of Antonio Salieri, court composer to the empire of Austria, the most successful young musician in the city of musicians.When Salieri first hears Mozart’s music, it sets him on a different path than the one he intended.   He says, â€Å"I had heard the voice of God-and that it issued from a creature whose own voice I had also heard-and it was the voice of an obscene child.† (19)It is his jealousy of Mozart’s gift and his feelings of mediocrity that lead to both men’s downfall.   A comparison of both characters will illustrate that despite Salieri’s attempt to live a virtuous life; his desire to destroy Mozart in a divine war prevailed over his devotion to God and his music.Comparing several aspects of the two men’s lives, their devotion, careers, the role of women, and the public versus private nature of their actions, and the madness that consumes them both will demonstrate the similarities that existed between the rivals.Both Salieri and Mozart are men of devotion. The     link is their music. Salieri believes that music is â€Å"God’s art† (7) and uses his gift to serve God.   Salieri had promised to lead a chaste life in order to honor God and he feels God betrays him by blessing Mozart with such talent.Throughout his life, he has done his best to remain virtuous and yet in his mind God has shown him that he is mediocre and has bestowed a gift upon a man he feels is morally inferior.In Act I, Scene 12 he declares his war on God, saying â€Å"From thi s time on we are enemies.†   Mozart’s life of devotion was also to music. He shares his feelings on music and the divine with Salieri, â€Å"I bet you that’s how God hears the world.   Millions of sounds ascending at once and mixing in His ear to become an unending music, unimaginable to us.† (57)However, Mozart’s devotion isn’t purely celestial.   He is also extremely devoted to his father.   He served his father’s wishes, even waiting to be married.   It is Salieri who convinces him to ignore them and marries Constanze.   When Leopold dies, Salieri counsels the grieving Mozart who feels as if his lifestyle was a betrayal against his father. Mozart says, â€Å"He watched me for all my life and I betrayed him.† (69)  Salieri seizes this moment, convincing Mozart he has his best interest at hear and telling Mozart he will help him find work while undermining him at every attempt.   Now having won his trust, Salier i convinces him that he should write his vaudeville The Magic Flute based on his association with The Freemasons.Knowing this is Mozart’s’ last tie to society, he realizes how this will ultimately ruin the man.   His shattered faith leads him to such a drastic choice and Mozart is helpless in his plot.Appearance plays a role in both Salieri’s and Mozart’s life. Salieri initially lived less extravagantly, whereas Mozart flaunted his wealth and success often living above his means.   Once Salieri reigns himself to his jealousy, he too becomes consumed in flaunting his wealth denying his taste for â€Å"plain things.†Ã‚   Schaffer comments on Mozart’s appearance throughout the play.Through the stage directions, he tells us Mozart was a small, pallid, large-eyed man in a showy wig and a showy set of clothes.† As Salieri’s story progresses, Mozart’s clothing becomes more and more garish in Salieri’s eye.   As Moza rt’s life slowly unravels, his clothing becomes shabby and less important. Throughout the play Salieri has condemned Mozart for what he will ultimately become.

Inflation

There are various ways for the employees to voice out their dissatisfaction_ One of the ways is by using picketing. Under section 40 of Industrial Relation Act allow workers to attend at or near their workplace when they have a trade dispute. The purpose of picketing are communicate issues to the public and members the employers. Picketing also held at lunch time, and before or after working hours. Picketing is enforceable by law as long as it must not intimidate anyone. Must not obstruct the entrance or exit the organization. 3. Summarization National Union of Bank employees (NUMB) held another picket on the issue for discriminating its Muslim employees and also In support with the 27 employees that have been sacked by the bank. The picket was held at Clan Tuna Appear. The Muslim employees had been discriminated by disallowed them from performing their prayers in the office by the management. They had been sacked because they did not agree to transferred to other branches. They had been discussed with the upper management but no action taken by the authorities to settle the Issues.They will intone to fight for the workers until Hong Leone Bank reinstate the sacked 27 employees. The Mole when contacted with Shirring Oarsman officer of Hong Leone Bank stated that the fact of disallowed Muslim employees was untrue statement. They are not allowed because sugar Is located In a secured area as they were not the staff of the branches and they just only the NUMB members. No one is allowed to entered into a secured area as it has been a standard security policy of any financial institution.She also stated that its staff had been allowed to perform their prayers thou any prejudice. 33 Mall Issues The Issues arises Is discriminates Its Muslim employees by disallowed them to perform their prayers at Sugar. As the officer offing Leone state that the Muslim employees is not the staff of Hong Leone Bank. Many negotiations had been taken by the employees but all the negotiati ons is not success because there Is no action taken by them. The Muslim officials In the Human Resource Ministry,the Government and the authorities failed to protect Islam and Muslim employees.Besides that, 27 employees in the Hong Leone Bank were sacked because they did to agree to be transferred to other branches. 3. 4 Background Issue Among 300 of NUMB members held a picket at Clan Tuna Appear regarding to the Issues of discriminating Muslim employees by disallowed them to perform their Solar at Sugar and over 27 employees were sacked. This is because Sugar is located at the secured area. It is a security standard policy no one can entered into that area except for the staff of Hong Leone Bank. The officer of Hong Leone Bank state that they are not the Hong Leone Bank but they are NUMB members.Abdul Jamie as Vice President f Numb members reiterated the statement that Numb members are also the Hong Leone Employees. During the time of 2 December until 18 December they are still und er Hong Leone employment. NUMB General Secretary enforce Balance Ministry to take legal action for these discrimination. Hong Leone Bank cannot said that NUMB members is not Hong Lemon's employees. Besides that, over 27 employees were 1 OFF discussions were held but none of the ministry take action over these issues. Tan stated that the transfer is necessary to increase the effectiveness and efficiency ofHong Leone Bank. 3. 5 Analysis Many of the Numb members held a pickets to ensure that their dissatisfaction can being heard by the public. Among the issues arises is the discrimination towards Muslim employees. Muslim employees had been disallowed to perform their prayer at the Sugar. Department of Labor will remind the employers the right of Muslim employees. Besides that over 27 employees were sacked. Their termination is not valid without a valid reasons as they disagree to transfer to other branches and then they were sacked.For the dismissal of the contract the employers should at least give notice of termination. Under section 12 of Employment Act 1955 state that, Either party to a contract of service may at any time give to the other party notice of his intention to terminate such contract of service. In the Industrial Relation Act section 20 provides machinery for an employers to dismissed its employees. The employees can make claims if they believe their termination is without a valid reasons.If the Court agree that their termination is without a valid reasons under section 14 of the Employment act 1955,then the Court will reinstated their termination. 3. 6 Recommendation The company may used Conciliation to solve their problems. By using third party as a conciliator. Conciliator is one of the officer of Department of Industrial Relation. The conciliator will meet the both parties whether separately or Jointly. The conciliator will briefing the problems and help the parties to achieves mutual agreement. This way can be used if the negotiations is not useful.The conciliator will give the recommendations and advice. 3. Conclusion Discrimination on the Muslim employees should be stopped by the government. Under article 11 of the Federal Constitution state that every person have the right to practice their own religion and to propagate it. The employer has no right to obstruct Muslim employees to perform their prayers. Regarding the issues of termination without valid reason is void. As it contravene with the Employment Act. The employer must give a notice of a services before dismiss their employees. If the issues can be settled it would create harmonious work environment. Inflation The cost of inflation depends on two cases; perfectly anticipated inflation and unanticipated inflation. Anticipated inflation is defined when individuals are able to make accurate predictions of inflation, they can take steps to protect themselves from its effects. Also, trade unions might use their bargaining power to negotiate for increases in money wages to protect the real wages of union members. Households may want to switch savings into accounts offering a higher rate of interest or into other financial assets where capital gains might exceed price inflation.Businesses can adjust their prices and lenders can adjust interest rates. However, businesses may also seek to hedge against future price movements by transacting in â€Å"forward markets†. For example, many airlines such as Bahamas-Air may buy their fuel months in advance as a protection or ‘hedge' against fluctuations in world oil prices. In Contrast, When inflation is unanticipated, individuals do not reali ze that they should protect their real purchasing power against a rising price level until the price level has already risen and their real purchasing power has already fallen.In this instance, there will be gainers and losers, in terms of purchasing power, from the inflation. In general, unanticipated inflation causes a misallocation of resources. Firms, unions, banks, will push prices and wages up. Those who can do it best will cause a misallocation of resources. For example suppose workers at manufacturing companies in the Bahamas wage increases, and public employees don't. Then, resources (labor) will be reallocated due to the relative market power of the different workers.But more importantly, lenders such as Banks will lose with respect to borrowers, giving individuals an incentive to borrow. For instance, when Bahamian people take out mortgages in order to buy houses at fixed interest rates, they end up aying back less in real terms than they had contracted for, wealth is the n redistributed from banks and other financial institutions to homeowners with mortgages. In relative terms, borrowing becomes cheaper than paying in cash.Another example would be if individuals who retire on pensions that are fixed in nominal amount will find the values of those pensions in terms of the goods they buy eroded as years pass, in this case the redistribution is from pensioners to the owners of insurance companies and other financial institutions that have contracted to pay them fixed dollar amounts. Alternatively, individuals have the incentive to spend now before the price level rises further.This however, will push prices up even faster, and may cause the inflation rate to accelerate and if uncertainty continue to increase, consumers and investors become less certain about the future, as prices rise in an unanticipated fashion. They may change their pattern of spending, and be less willing to undertake projects that take a long time to payoff. The Costs of Hyperinfla tion. Hyperinflation is define when the prices of most goods and services skyrocket, usually more than 50% a month. It usually starts when a country's Federal government begins printing money to pay for fiscal spending.As the money supply increases, prices creep up as in regular inflation. However, instead of tightening the money supply to lower inflation, the government keeps printing more money to pay for spending. Once consumers realize what is happening, they expect intlation. T causes them to buy more now to avoid paying a higher price later. This boosts demand, causing inflation to spiral out of control. The only winners in hyperinflation are those who borrowed before the hyperinflation. Fortunately, the Bahamas have ever experienced hyperinflation but other countries such as Germany and Zimbabwe has.But if the Bahamas was to experience hyperinflation like Germany, the consumers can expect 1 . Inflation Expectations and Wage Demands: Price increases lead to higher wage demands as people try to maintain their real living standards. This process is known as a Wage-price spiral'. 2. Arbitrary Re-Distributions of Income: Inflation tends to hurt people in Jobs with poor bargaining positions in the labour market – for example people in low paid Jobs with little or no trade union protection may see the real value of their pay fall.Inflation can also favour borrowers at the expense of savers as inflation erodes the real value of existing debts. 3. Business Planning and Investment: Inflation can disrupt business planning. Budgeting becomes difficult because of the uncertainty created by rising inflation of both prices and costs – and this may reduce planned investment spending. 4. Competitiveness and Unemployment: Inflation is a possible cause of higher unemployment in the medium term if one country experiences a much higher rate of inflation than another, leading to a loss of international competitiveness and a subsequent worsening of their trade p erformance.

No topic Assignment Example | Topics and Well Written Essays - 2500 words

No topic - Assignment Example The Occupational Safety and health Administration (OSHA) Act was established in 1970 and its sole purpose was to ensure that employees were provided for good working conditions by authorizing the enactment of all the laws under the act, assisting the states to provide a good working environment, provision of information, education, research and training. The standards require that the employers must inform employees about the potential dangers they are exposed to and train them on how to respond in case any injury or fatality occurs. Under the Occupational health and Safety Administration act, it gives certain rights and responsibilities to the employer and employees that are essential in preventing hazards and illnesses in the working place. The Act also requires that an employer adopts certain practices and policies that are necessary and appropriate to protect the workers .The Occupational Safety and health Administration (OSHA) Act does not cover self employed people, immediate family members who work in family farms, workers of the states and local government who have their own rules and other federal agencies under the Federal laws. The employers must understand that multiple standards will apply to one particular situation because a situation may have different requirements and each requirement is governed by different standa rds. For the standards to become part of Occupational Safety and health Administration (OSHA), it involves a process of drafting the proposed standard then publishing it in the federal register and finally gathering information of those who may have interest in it. After this, the Occupational Safety and health Administration (OSHA) office may then pass a law in the register. The Act originated from the United States congress due to the many work related injuries and fatalities experienced then. The congress authorized the office of Occupational Safety and health Administration (OSHA) to put

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International Marketing Management - Coursework Example Development,progress and prosperity could only be achieved through opening to and integrating with the outside world, through stepping up exchanges and cooperation with other countries and through absorbing all fine results of human civilization. Therefore, we should embrace and seize the opportunities presented by globalization and adopt reforms to keep up with the steps of the changing world. Due to the lack of a just and equitable international economic order, the influence of globalization on countries at different stages of development is entirely different. The "dividends" derived from globalization are not fairly distributed. The developed countries have apparent advantages in capital, technology, human resources and administrative expertise and in setting the "rules of the game". They are usually the most active propellers and the biggest beneficiaries of globalization. The developing countries on the other hand are on the whole in an unfavorably position. Developing countries can obtain some foreign investment, advanced technologies and management expertise, but at the same time they are the most vulnerable to the negative impacts of globalization and lack the ability to effectively fend off and reduce the risks and pitfalls that come along with globalization. In the 1990s, especially in recent years, the gap between the North and the South has further widened. Th e economic sovereignty and economic security of the developing countries are confronted with enormous pressure and stern challenges. Some least-developed countries are even on the brink of being marginalized by globalization. Therefore, in participation of globalization, developing countries should always be on alert and try by all means to exploit the advantages and avoid all kinds of risk and harm. III. China's Experience For China, globalization is often seen as a double-edged sword that brings both opportunities and challenges, advantages and disadvantages. How to turn disadvantages into advantages in the tidal wave of globalization depends on formulating the correct policies and strategies. If the policies are correct, challenges can be turned into opportunities. China has learnt many lessons and accumulated rich experiences in dealing with globalisation from its practice of reform and opening-up. In my personal opinion, they can be summarized as follows: 1. To find a road of development that suits the national conditions. In the past 20-odd years, China has maintained an annual growth rate of over 9.3% on average. China is now the 6th largest economy and the 5th largest trading nation in the world. More than 200 million people have been lifted out of poverty. The average life expectancy reached 71.8 years in 2002, close to that of a medium-level developed country. The above accomplishments were achieved against the backdrop of a volatile international situation. The reason why China can achieve so much in such a short span of time and in a constantly changing international environment is because China has found its own road of development, suitable to its national conditions, namely building socialism with Chinese characteristics. In one word, building socialism with Chinese characteristics is to base what we do on the realities of China. While sticking to the basic system of socialism, reforms should

DD2 Essay Example | Topics and Well Written Essays - 1000 words

DD2 - Essay Example It’s only a small number of academics today who take themselves as racists, and if you called somebody a racist would be deemed offensive. Yet racism is almost found everywhere in various cultures, just as dangerous and pervasive as it was centuries ago.Currently, there seems to be lots of racism but few racist. How can we explain this paradox? Racism is a type of practice that has had tremendous and profound importance in the European society for several centuries. It has importance in the fact that it is a crucial aspect of the manner in which the European system of capitalism maintains itself. Racist practice, just like all practices has got a dominant group, system advantage ,cognized,justified,rationalized by either a theory or a system of belief and racial bigotry regarding reality’s nature and the appropriate behavior for this cognized reality. An academic racist in today’s world can be accused of believing in such things as objectification, biological, hereditary superiority of people of a certain ethnicity over persons of another particular race, implying that discrimination is rationalized, explained, justified, by the biological theory underlying. However nobody believes in this theory any more. In the world of today, we have few racists and more racism. Most academics are of the belief that the me mbers of what was known as inferior and marginalized races have an equal capacity of the so-called privileged races, but have not succeeded to make a realization of this capacity. Their culture has not permitted them to learn things that they need so that they can be treated equally. They have not endeavored to think rationally nor have they behaved in ways that are appropriate as social adults. Thus the issue here is culture and not biology, and naturally inequality will disappear with time. In the meantime however,

What is Epistemology Essay Example | Topics and Well Written Essays - 2000 words

What is Epistemology - Essay Example The link of epistemology into ontology and the way epistemology shape social research in general. According to scientists, there is a significant difference between too expressions: â€Å"I know that† and â€Å"I know how†. For instance, it is well-known that 1+1=2, however, here we could think not only about the result, but about the process itself: how there two numbers should be summed up. When we state that we â€Å"know† something, the question arises why we â€Å"believe† that. When we â€Å"believe’ in something we usually think that this â€Å"something† will not make us disappointed, for example we may believe in our national basketball team and its victory. However, epistemology considers â€Å"belief† from another point of view. For example, when we believe that the grass is green that means that we consider the statement that the grass is green to be correct. Every statement is simply a preposition of someone else and it does not mean that everybody must believe it .At the same time, if something represents a real fac t, it is true. The main controversy in this area is concentrated on study of the nature of knowledge and its connection to related concepts: information, conviction, and rationalization. It is connected with the method of knowledge acquisition and uncertainty about various statements. The different arguments of rationalism and empiricism and the controversy that occurs on the base on this difference is connected to different experience of the people in their attempts to obtain knowledge. According to rationalists, there are significant methods to obtain information autonomously of experience at the same time as empiricists consider experience to be very essential in knowledge acquisition (Fodor 1975). The vision of rationalists is usually built in the following way: they state that sometimes our knowledge obtained through intuition is more reliable, than that obtained from experience. Then,

Global in and global out in regard of food industry in Japan Research Paper

Global in and global out in regard of food industry in Japan - Research Paper Example Japanese Food The Tokyo Metropolitan Central Wholesale Market generally known as Tsukiji Market is considered to be one of the biggest wholesale fish markets around the globe. The market is situated in Tsukiji city of Tokyo and is determined to be a major attraction for many foreign visitors because of its large variety of fish and seafood7,8. The contribution of Tsukiji Market for spreading Japanese food culture globally is considered to be noteworthy. Not only the market provides a wide variety of fish to the nation but it is also a global provider of various fishes to some of the most renowned restaurant chain businesses and hotels around the globe. A few of the most well-known Japanese cuisines that have gained considerable amount of likings globally include Sushi, a food item that consists of cooked vinegared rice with a combination of other ingredients such as raw food or other sea foods and meat occasionally, Tempura, dish prepared of sea foods or vegetables that is battered a nd deep fried along with ramen; a type of white noodles served with meat and fish and often flavored with soy sauce or miso9. According to many critics, it has been stated that the main reason behind the rapid globalization and adaption of Japanese culture and practices worldwide is the result of its manga and animations series that are being telecast in various regions of the world. However, it has been viewed that it is not only the Japanese culture that is establishing its trends in other nations however the culture of different nations including their food habits are being invaded in Japan as well. For instance, in a research conducted by Kamei, M., Ki, M., Kawagoshi, M., and Kawai, N. (2001) it was viewed that 24 out of 100 lunch boxes in Japan contained food items such as hamburgers,... The aspect of globalization is considered to be a vital constitute in today’s society. It has been viewed that the advent of globalization has not only changed the way one does business but has also brought drastic alterations in the cultural and religious facets associated with an individual. One such crucial facet is the change in the food habits of people. Japan which is regarded as one of the most renowned countries in the world, specially for their food habit that help the people to live long, has been facing rapid challenges due to globalization of the food industry. This has not only resulted in changing the food habits of an individual but has motivated other nations to invent new food items following their steps that are affecting the health aspects of the civilians in the nation. With reference to the above discussion, it can be viewed that the way in which modern food industry has motivated people to adopt food items as their daily supplementary provider that are le ss healthy. However, if proper steps are taken by the government to promote the difference in the ingredients amid western and Japanese products along with highlighting the disadvantages of consuming some unhealthy food items then the issue can be mitigated to a great extent. Thus, it can be concluded that practices such as campaigns and government programs to create awareness would not only stop people to adapt such food habits but would also facilitate people to return to their traditional eating habits and culinary methods by reducing the risk of nutrition related diseases to a great extent.

Industrial Services of America, Inc. and Its Strategies Essay

Industrial Services of America, Inc. and Its Strategies - Essay Example On liquidation, Harry Kletter purchased majority of the shares and on the eve of 1980s, he started a new company concerned with the selling of equipments associated with handling and disposal of solid waste. The new company operated with a new trade name known as Waste Equipment Sales and Services Company (WESSCO). WESSCO finally joined with CWS (Computer Waste Systems), a company that had specialized in giving consultations in relation to solid waste management to a number of businesses operating in diverse industries. The merging of these two firms led to the establishment of business operations headquarters at Louisville in Kentucky. Since then the company has acquired a number of recycling units in several regions. Besides purchasing of business units, the company has also seen itself enter into merger with other companies. Currently, the company is resorting to contracting third parties’ services in collecting and disposing solid waste. This will see ISA increase its cove rage area in regards to offering its services leading to amplified profits. Although the company has its operation in two sectors, that is, recycling and waste management, ISA is considering about concentrating in recycling activities. The reason behind this decision might be due to its efficiency in the recycling operations (Consonni, Giugliano & Grosso, 2005). External environment Industrial Competition The recycling business especially in the metal sector is very competitive in the US market. ISA faces stiff competition from those firms that have access to metal source. It is alleged that some companies have access to cheap scraps giving them a chance to sell the finished products at relatively low prices. The tough competition is further enhanced by existence of rivals that have adequate financial capacity, physical resources such as trucks and efficient marketing strategies among other factors such as large market share. ISA also fears that its competitiveness might adversely b e affected by weak economy and unfavorable market conditions (Consonni, Giugliano & Grosso, 2005). Risk Associated With Depending Upon One Customer ISA is exposed to great risk by depending on one customer that contributes over 60% to its profit. ISA majorly depends on North American Stainless pertaining to sale of its recycled metals. Environmental Regulations and the Government Policies The government and the environmental organizations frequently monitors the operations of all company’s that deals in recycling of materials in addition to management of wastes to ensure their practices are in line with laws and regulations governing the environment as well as company’s operations. Such policies entail environmental, health and safety issues such as Occupational Safety and Health Administration. Failure to comply with these laws ISA might find itself in the trouble of paying fines and thus affecting their profitability (Cointreau, 2001). Internal organization Managemen t team ISA brags of having experienced and qualified management team including the president and chief operating officer, Mr. Brian Donaghy as well as the vice president of the ISA Recycling, Mr. James Wiseman. The team management is cooperative and competitive and work closely with its employees to achieve the organizations’ goals. Employees At the end of 2010, ISA had about one hundred and eighty five employees who were employed on a full time basis. Ninety-eight of the employees are employed in recycling;

Strategic Management CP Essay Example | Topics and Well Written Essays - 1000 words

Strategic Management CP - Essay Example ing and implementation of IT in military organizations based on the overall strategic goals has different organizational competencies to those of civilian organizations (Bouwman, 2005). The paper undertakes to demonstrate clearly the difference of planning for and implementation of information technology in civilian and military organizations. Additionally, it performs an evaluation based on the varied overall strategic goals of civilian and military organizations, planning and implementation of information technology. Flattening of information in an organization entails reassigning the authority and functions of one or more middle management layers, either upward or downward. Planning for and implementation of information technology requires the involvement of stakeholders at various management levels. According to Bouwman (2005), flattening an organization improves the flow of information from those who have it to those in the position to act on it. Additionally, reduction of the number of management layers equally increases the accuracy of information by limiting the chances of either deliberate or accidental distortion. However, it should be noted that flattening focuses on the function of middle management that include the aggregation, filtering and transmission of information. It is perhaps with respect to these functions that the advances in information technology suggest flattening as being desirable, given that information technology facilitates this work and may allow for the automation of much of it. In this regard, leadership roles in the planning and implementation of IT in civilian and military organizations are different. In civilian organizations, spans of control run from twenty or thirty to hundreds of subordinates. In these organizations, superiors do not have to control their subordinates in any way since they cannot teaching their subordinates necessary skills (Anderson, Banker, Menon & Romero, 2011). Further, in civilian organizations,

High Fidelity- Character anaysis Essay Example for Free

High Fidelity- Character anaysis Essay Rob is a morose person who needs this excuse to always complain. Hes a very pessimistic person, who cant seem to find a positive outlook in anything. Rob is also a very self-conscious person who is not content with himself. He believes that he lacks in the areas he views as important in his life. He depends on his woman to keep him happy, and judges his life according to the woman hes with. He simply cant manage to be happy without one. His unhappiness drives him to be very critical and judgmental to the world around him. He makes a jerky remark to everything he notices. All and all Rob has a weak character which depends on other things rather than himself to be happy. Rob seems to be a very pessimistic person. He sees everything in a negative fashion because he is not content with his life, and assumes it is impossible for things to improve. Once Rob returns home after seeing Marie sing with another man, he feels depressed and turns to his records for some sort of reassuring escape: Is it so wrong, wanting to be home with your record collection? Its not like collecting records is like collecting stamps, or beermats, or antique thimbles. Theres a whole world in here, a nicer, dirtier, more violent, more peaceful, more colorful, sleazier, more dangerous, more loving world than the world I live in; there is history, and geography, and poetry, and countless other things I should have studied at school, including music. (Hornby, 83) Rob seems to feel as though his records are the only thing he can rely on. Everyone has some sort dependence on certain sentimental things, be it a pet, friend or family member. In Robs case, his music is the only constant that will never let him down. He sees a whole different world inside his music, one which doesnt value the real worlds standards or values. It brings him somewhere else for a bit, somewhere which doesnt remind him of the depressing things in his life. It seems to me that with those discouraging thoughts it drives him to be very pessimistic. Without even  talking to Marie he assumed right off the bat that she was going to hook up with the man she was singing with. He didnt even try to show he cared in the least. His pessimism led him to give up on Marie very quickly, without even looking at the possible positive side. These actions show he has a very pessimistic outlook on life which is driven by his low self-esteem. Rob also seems unsatisfied with himself. Too inadequate to be happy in a world where he feels he doesnt belong. Im here , in this stupid little flat, on my own, and Im thirty-five years old, and I own a tiny failing business, and my friends dont seem to be friends at all but people whose phone numbers I havent lost. And if I went back to sleep and slept for forty years and woke up without any teeth to the sound of Melody Radio in an old peoples home, I wouldnt worry that much, because the worst of life, i.e., the rest of it, would be over. And I wouldnt even have had to kill myself. (74) Rob looks at every aspect of his life and feels so insufficient that he doesnt even see the reason for living. He feels like he has no substance in his life. From having no true friends, to a failing job. All the characteristics that he values to be a person worth living, have failed him. I think his mother plays an important role in Robs low self -esteem as she even degrades him and offers him no support. She doesnt even comfort him after the break-up with Laura, yet just criticizes and tells him that she would have left [him] to get on with it years ago. (48) She demeans his job, and adds to his low self-confidence. Parents are supposed to be supportive in times of unhappiness. Parents are the people who are supposed to love unconditionally, but in Robs case it seems that they only regard the negative aspects of his life which definitely cannot improve his situation. He feels so inadequate because he has no one to turn to or depend on. He wants to run [himself] down, feel sorry for [himself], celebrate [his] inadequacies. (72) Rob depends on a woman to keep him happy. He believes his woman defines him as a person, and each time he is without one he is miserable. Sometimes it seems as though the only way a man can judge his own niceness, his own decency, is by looking at his relationships with women- or rather, with prospective or current sexual partners. (68) He judges himself according to the woman hes affiliated with. He doesnt see himself as a full person without a woman. He believes that women are going to save [him], lead [him] through to a better life, that they can change and redeem [him]. (63) Rob is basically willing to be whatever his woman wants of him. Even his relationship with Sarah Kendrew was one of convenience because he had no one else, and wanted to feel equal to his companion. Charlie had made him feel inadequate and less of a person than her, so his relationship with Sarah was one where he had someone to lean on through his time of getting over her. Sarah made it easier for him because she was going through the same situation. They were just staying together to have someone to lean on, and not be alone. He was her moment just as Charlie was mine, and when they split, Sarah had sworn off men for a while, just as I had sworn off women. It made sense to swear off together, to pool our loathing of the opposite sex and get to share a bed with someone at the same time. Our friends were all paired off, our careers seemed to have hardened into permanence, we were frightened of being left alone for the rest of our lives. (29) Rob just couldnt handle being alone. It was easy for him to make the relationship with Sarah work because she felt the same, and had the same problems he did. His weak character leads him to depend on woman to keep him happy and satisfied. Rob was also a very judgmental and critical person. His views on music could not be challenged, as he also evaluated woman according to their musical interests and favorite movies. His views were a little harsh sometimes, and he believed he was quite educated in certain areas, which therefore lead to his many judgments. Id say there were millions like me, but there arent, really: lots of blokes have impeccable music taste but dont read, lots of blokes read but are really fat, lots of blokes are sympathetic to feminism but have stupid beards, lots of blokes have a Woody Allen sense of humor but look like Woody Allen. Lots of blokes drink too much, lots of blokes behave stupidly when they drive cars, lots of blokes get into fights, or show off about money, or take drugs. I dont do any of these things really; if I do OK with women, its not because of the virtues I have, but because of the shadows I dont have. (28) Rob makes a comment on every possible singer, songwriter, actress/actor he can. His critical attitude makes him look like a jerk. He acts above the people he criticizes to make him feel better about himself. He has a judgment on everything. Besides being critical to himself, hes critical to the world around him because he is miserable. He sees the negative in everything which makes him as opinionated as he is. His frustration makes him angry at everything and everyone around him. All and all, Robs depressive, dependent, self-conscious and critical attitudes demonstrate that he has a weak character. His pessimism leads to his depression, as his low self-esteem leads to his criticisms. He has a very miserable life because he doesnt even live up to his own standards. He depends on a woman to make him happy, which is completely unrealistic. Rob will never manage to be happy because he always manages to criticize and demean everything thats going on around him.

The Types Of Money Used Today Economics Essay

The Types Of Money Used Today Economics Essay The types of money used today include; Coins, Paper currency, Bank drafts, Money orders, Stocks, Bonds, Treasury bills, Credit cards, ATM cards, Options, Gift certificates, Cheques,Travelers Cheques and many more. Money is converted into two categories, commodity and fiat money. 2.2.1Commodity money What constitutes a commodity? A commodity is generally accepted, without further clarification, as anything that can be bought or sold. This prompts further questioning. What is the communitys present accepted means for buying and selling? The answer is,money. A commodity therefore is a thing to which a money price can be attached and which can therefore be bought or sold with money. If money itself is a commodity, then money is a thing that can be bought or sold with money. The above reasoning not only involves a vicious circular logic of explaining and defining something in terms of itself, but also paves the way for an ascending infinite inflationary spiral (Peter Lock 2008). According to Peter Lock (2008), the definition of a commodity needs to be modified if it is to be consistent and to avoid all circular logic. An economic commodity is any marketable goods or service which has an intrinsic value in itself and whose value can be relatively assessed using an extrinsic suitable stable non-commodity money standard and hence bought and sold. In other words, an economic commodity is any marketable good, other than money, which money itself can buy. Modern money either as bits of plastic or paper, or as numbers in ledgers and computer memories, has no intrinsic value in itself. Its only value is its otherness. It does perform a valuable service in the marketplace by measuring the value of all other goods and services and facilitating their exchange. The mindset of money as a bartering device should not be included in or confused with the mindset for its use as a commodity. Their purposes and functions are self-contradictory, being diametrically opposite. The former exists as a stable extrinsic measure of worth for a community as a whole to use. The latter as an unstable intrinsic measure of marketplace purchasing power for individuals to abuse in their exploitation of the whole global community for their own personal aggrandizement and exercise of usurped power (Peter Lock, 2008). According to Peter Lock (2008), as long as money is treated as a commodity, uncertainty and insecurity must result. It is not a question of throwing the baby out with the bathwater. It is simply a challenge to devise a system whereby the rich well fed haves can keep their fat share of humanitys commonwealth cake and at the same time let the poor hungry have-nots eat a just and reasonable thin slice of it as well. Money as a commodity only exists for the personal profit and increasing wealth and power of the haves: some of the rich get richer, all the poor get poorer. In an economic system where money is self-self functioning in positive feedback as a commodity, the evil treatment meted out to the have-nots who constitute the vast majority of the community becomes more and more inhumane. The term commodity money can be given to the kind of money that is at the same time a commercial commodity. Commodity money has an intrinsic value and that means it is considered to be worth something in its own right rather than simply being a token of financial value such as a banknote. The commodity itself constitutes the money, and the money is the commodity. The best known form of commodity money is gold or silver coins, though any commodity can fulfill this role. The commodity itself; since more is being produced and less being used for non-monetary purposes, the resources devoted to additional production and the benefits forgone must be counted as the price of the system. Examples of commodities that have been used as medium of exchange include gold, silver, copper, salt, peppercorns, large stones, shells, alcohol, barley and cigarettes, just to highlight a few. These items were sometimes used in a metric of perceived value in conjunction to one another, in various commodity v aluation or Price System economies With a commodity money balances is part of the markets for goods and services. Use of commodity money is more the same with barter system. The use of shells or ivory was nearly universal before humans discovered how to work with precious metals; in China, Africa, and many other areas, use of cowrie shells was common. Historically speaking, many different metals have been used as standard money: iron in ancient Sparta, tin in ancient Syracuse and probably also in early Egypt, copper in early Palestine and in early Rome, and brass until recently in many parts of China. In modern times, however, monometallism has been based mostly on the so-called precious metals, silver and gold, with an increasing preponderance of gold since the latter part of the last century. Historically, the strongest and most stable currencies were those backed by gold and silver. It was this gold/silver backing that gave the currency its intrinsic value. In most cases, a countrys currency was actually gold or silver coins. Gold and silver have always been a universal form of money and measure of wealth providing stability in an otherwise unstable world (Tony DiCicco, 2002). A commodity money can give rise to a large amount of price instability if either there are large changes in the supply of the commodity or if there are large changes in the non-monetary use of the commodity. An example of a commodity money that gave rise to price fluctuations is the cigarette currency used in POW camps in the Second World War. The price of goods in terms of cigarettes depended on the relative availability of cigarettes and goods. If no cigarettes were received in the camp for some time, the supply of them would diminish (because prisoners would use them as commodities: they would smoke them) and their value would rise. A rise in the value of cigarettes meant that cigarettes bought more, or that prices fell. When a shipment of cigarettes would arrive, their increased availability would cause their value to drop, which meant prices would rise. Its stated that the erratic delivery of cigarettes and the resulting waves of inflation and deflation were a major problem in t he mini-economy of the POW (camphttp://ingrimayne.com/econ/Money/Commodities.html). Colonists often resorted to the use of commodity money, where a colonys principal commodity would circulate as a medium of exchange. The Massachusetts Bay Colony used corn and beaver skins as its medium of exchange. In the Southern colonies, it was tobacco and rice; and throughout most of the colonies, animal skins, corn, powder and gun shot, and livestock were often used. Since the market value of commodity money was determined by supply and demand, its value as money often decreased when there was an over supply in the marketplace. In addition, commodity money lacked uniform quality, and was prone to spoilage, difficult to transport, and costly to store (http://www.bos.frb.org/education/pubs/historyo.pdf ). pictures below shows examples of commodity money that where used: Gold Silver Shells Barley 2.2.2Fiat money The currency we all use today is legal tender for taxes and debts. It has no intrinsic value, it is not convertible and it is not tyrannically imposed on all transactions. This money fiat money was born in Massachusetts in 1690. Historians have claimed that it was a simple wartime substitution of fiat money for specie, as has happened many times since then, but this view is anachronistic. Later governments learned from Massachusetts that fiat money is a good wartime emergency, but for Massachusetts this was not an obvious idea (Dror Goldberg). Dror Goldberg mentions that Massachusetts had to issue money to pacify mutinous troops who returned defeated from war. However, formally issuing money, and backing it with land (as was then standard), would have been fatal for the long-run independence of the colony. Massachusetts had lost its charter in 1684, partly because it minted its own coins (a violation of the royal coinage prerogative). Moreover, all the colonys land was temporarily considered to be the kings land from 1687-1691. In 1690, when Massachusetts had to issue money, its agents were lobbying for a new charter in London. It could not afford to upset the king by violating his coinage prerogative again and backing money with his land. The solution was to issue IOUs, as any English subject was allowed to do, not back it with land, and not force it on trade. Like any IOU issuer the colony could offset its credits with it, namely making it legal tender for taxes. It was also made effectively legal tender for debts in an elaborate, dishonest way. The outcome was fiat money (Dror Goldberg). The Massachusetts Bay Colony issued in 1776. The evolution of commodity money into paper in America Paper money first appeared in America in in the late 17th century. In 1690, the government of the Massachusetts Bay Colony, in an effort to increase government spending while avoiding the unpopular act of raising taxes, began printing paper money to pay for its expenses. To convince the Massachusetts Bay colonists to accept the paper as payment, the government promised to redeem the paper in gold and silver coin collected in taxes at a later date. It also promised to never print paper money again. While both promises were quickly broken by the government, is is interesting to see that, again, what caused people to begin accepting paper money as payment for goods and services, is the understanding that the money could ultimately be redeemed for tangible wealth in the form of the commodity money in use at the time (Chris Lind). The pictures below is an example of fiat money: Federal Reserve Note 1941 Federal Reserve Note 1950 The evolution of commodity money into paper in China Paper money first arose in China around 800 AD during the Tang Dynasty. Prior to the existence of paper money, a merchant selling his goods in the city of Szechuan, risked loss by theft as he transported his commodity money and unsold goods back to his home city. As a way of earning revenue, the Chinese government, in posession of fortified strongholds in each city to store tax revenues, offered the following service. For a fee, a merchant could deposit their gold and silver coin with the government in city A. In exchange the merchant received a paper receipt for the gold deposited. When the merchant arrived back home at city B, he could go to the treasury of that city to redeem his paper reciept for the commodity money in use. Over time, as people learned that the commodity represented by the paper would actually be there, merchants began buying and selling with the paper receipts themselves (Chris Lind). Kuan note is the oldest known banknote in the world (Mike Hewitt) However, its use was very short-lived, by 1455, after over 600 years, the Chinese abandoned paper money due to numerous problems of over issuance and hyperinflation. The term fiat money can be given to money that comprises things with a special legal qualification and the money used today is fiat money.Fiat means let it be done or by order of authority. Fiat money basically means that the currency has no intrinsic value (nor can it be redeemed for precious metals or something of intrinsic value) and the money is based solely on faith. Rather, the currency is only backed by the goodwill of the government that issues it. Normally the government is the one that declares legal tender. With fiat money its not real but it represents goods and services that it can buy thus it can be defined as the baskets of goods and services that it represents. For fiat money to be valued, the money supply must be limited and it must be impossible to counterfeit (PÄ ±nar Yesin 2010). Fiat money is created by a narrow cadre of globalist bankers that seek a new World order. Fiat money is created out of thin air. The fiat system is based on debt. We owe and they are owed. With the power they accrue, a plan has been launched to reorganize all aspects of human life. That plan is called Agenda 21 or Sustainable Development. It is a U.N. program, agreed to by 178 nations, that is designed to create a world order where human beings are regarded as biological resources. The evolving system does not recognize unalienable rights (Michael Shaw, 2009). Since fiat money has no direct legal connection to a commodity money there is no real economic cost to its production, the supply of a fiat money can never be self-limiting; and the value of a fiat money is always largely a matter of public confidence in the economic or political stability of the issuer. Historically every major fiat money have self-destructed in what is popularly called hyperinflation caused by either unlimited increases in the supply of that fiat money by the issuer or accelerating loss of public confidence in the continued value of the money or the economic or political fortunes of its issuer or both. Steve Elwart says that today, fiat money will always bring on inflation for two reasons: 1) Politicians like to induce inflation because it gives the people the illusion of prosperity and 2) its declared value is much higher than the cost of producing it. Whether it is a $1 or $100 bill in fiat money, it costs only 4 cents to produce. In todays electronic age, the pr oduction cost for new money is zero since money creation is just a keystroke and an entry in cyber-space. On the other hand, in history, if you had a $20 gold piece, the cost of that gold piece, less the cost to produce it, was about $20 (Steve Elwart). The Barter system was prevalent before the origin of fiat currency. In this system, commodities were exchanged for commodities. For example, if one person need rice and the other one need coconut, the person who has cultivates rice has to search and find out the person having coconut. Only then the exchange will take place. This itself was the serious disadvantage of barter system. For some times the different commodities acted as money and they were named as commodity money. After years of a coin system the paper fiat currency came in to existence. In the coinage, a gold smith acted sometimes as a banker. A government body started to control the printing of all types of moneys. Banks started to deal with money. They accepted savings and gave loans in the form of money. Apart from these transactions, banks started to generate bank money ( Robert Mendez). Modern society again replaced old money with other new forms of money like, demand drafts, credit cards, etc. Now we dont need to keep a liquid form of money with us. All our transactions can be made by using credit cards. We can do all our shopping with these cards. Even if money is used in different forms, the importance of money is still not deteriorated. According to Steve Elwart in his research entitled Commodity Money and Fiat Money: A Bushel of Wheat for a Penny, says that a government puts fiat money into circulation first by connecting it to a gold or silver standard, but then cuts the link and says that gold and paper are no longer convertible, making the piece of paper legal tender for all debts public and private. It is obvious that debtors would be very happy if the pa-per money lost its value because they could pay their debts with inflated currency. In a letter to Edward Carrington in 1788, Thomas Jefferson wrote, Paper is poverty à ¢Ã¢â€š ¬Ã‚ ¦ it is only the ghost of money, and not money itself. Jefferson died bankrupt because of the early United States money (monetary) pol-icy based on paper. It is not that fiat currency is a new invention. Fiat currency actually made its appearance over 1,000 years ago. China was the first country to issue true paper money around the 10th century A.D. Although the notes were valued at a certain ex-change rate for gold, silver, or silk, conversion was never allowed in practice. The bills were supposed to be redeemed after three years in circulation, but as more bills were printed with the older notes being refused redemption, inflation became evident. Government measures to prop up the currency were unsuccessful and it fell out of favor (Steve Elwart) . Steve continues to say that at this point, people start to feel the pinch of their money buying less. They demand that their government do some-thing. Since studies have shown that voters only have a memory of one year when it comes to politics, politicians will make sure that the economy is good in an election year.6 They will artificially stimulate the economy to give voters the illusion that times are good again and reelect the incumbents. This lasts only so long and inflation, with its problems kick in again. This cycle of increasing the currency supply and price inflation ultimately ends with the collapse of the currency, sometimes preceded by hyperinflation. (Hyperinflation and its cultural effects will be covered in Part 3 of this series.) Surprisingly, the country has not learned its lesson and the devalued fiat currency is replaced with yet another fiat currency. Greece is a perfect example of this cycle (Steve Elwart). Steve Elwart says the Greek drachma was minted in gold and silver in ancient Greece and made its reappearance as a fiat currency in 1841. Since then, the value of the drachma decreased. During the German-Italian occupation of the country from 1941-1944, hyperinflation ravaged the country, ending with the issuance of 100,000,000,000 (100 billion)-drachma notes in 1944. After Greece was liberated from Germany, old drachmae were ex-changed for new ones at the rate of 50,000,000,000 to 1. Only paper money was issued, again a fiat currency. Greece then went on a program of deficit spending for social programs and inflation started once again. In 1953, in an effort to halt inflation, Greece joined the Bretton Woods system and the drachma was revalued at a rate of 1000 old drachma to one new drachma. In 1973 the Bretton Woods System was abolished; over the next 25 years the official exchange rate gradually declined, from 30 drachmas to one U.S. dollar to a ratio of 400:1. On January 1, 2002, the Greek drachma was officially replaced as the circulating currency by the Euro (again a fiat currency). Today, Greece is once again is in trouble. After years of continued deficit spending and the governments easy monetary policy, Greeces financial situation was badly exposed when the global economic downturn struck. Very quickly, the governments creative accounting practices were exposed. The national debt, put at à ¢Ã¢â‚¬Å¡Ã‚ ¬300 billion ($413.6 billion), is bigger than the countrys entire economy, with some estimates placing it at 120 percent of gross domestic product in 2010. The countrys deficit-how much more it spends than it takes in-is 12.7 percent (Steve Elwart). This time though, Greece just cant inflate their way out of the problem. Now that they are on the Euro (in the Euro-zone), they have little control over their monetary policy. All their loans are in Euros and they must pay back the loans in Euros. One way to balance the national books is to implement harsh and unpopular spending cuts. Another way is to default on their debt. This would seriously damage the Euro as other countries look at default as a way out of their financial problems. (In fact, financial experts are predicting the demise of the Euro in as early as five years.8) A third way out is to separate itself from the Euro, go back on the drachma (fiat currency again) and then set an exchange rate of the drachma to the Euro at an artificially high number. The cycle of fiat money would then begin again. As long as a country is on a fiat currency, inflation is sure to follow. Using a fiat currency could well reduce a civilization to work an entire day for a bushel of wheat,(Ste ve Elwart). Failures of Government fiat money History has taught that lodging monopoly power over the nations stock of currency in a purely discretionary central bank, unconstrained by a monetary constitution, is highly dangerous. The money-process is likely to become politicized, with monetary policy becoming subservient to fiscal policy and with monetary authorities exhibiting a bias toward inflation. James A. Dorn mentions that a study of about 30 currencies shows that there has not been a single case of a currency freely manipulated by its government or central bank since 1700 which enjoyed price stability for at least 30 years running. Although the Fed has achieved intermittent price stability since its inception in 1913, its long-run performance has been unsatisfactory, especially when compared to commodity-based standards such as the classical gold standard. The issuance of fiat money by governments is, in truth, a white collar crime; and, as happens when white collar crimes are discovered, a highly visible paper trail le ads directly back to the wrongdoers-in this case, the central banks (Darryl Robert Schoon). In fiat based economies, time is the enemy and 95 years have passed since fiat money was introduced into the US. In America and elsewhere time is passing and the clock is ticking and recently its been sounding more and more like a time bomb (Darryl Robert Schoon) . Comparison between types of money Fiat money is the term for a medium of exchange which is neither a commercial commodity, a consumer, or a producer good, nor title to any such commodity: that is irredeemable paper money. In contrast, commodity money refers to a medium of exchange which is either a commercial commodity or a title thereto. There is no doubt that fiat money is possible. Its theoretical possibility was recognized long ago, and since 1971, when the last remnants of a former international gold (commodity) standard were abolished, all monies, everywhere, have in fact been nothing but irredeemable pieces of paper (Hans-Hermann Hoppe). As asserted by Cary A. Deck, Kevin A. McCabe and David P. Porter ( ),fiat money is a convention that allows individuals to complete trades without relying on the coincidence of wants or diverting valuable commodities to serve as money. In order for individuals to accept intrinsically worthless fiat money in exchange for valuable goods, the agents must believe that the money can be used to complete subsequent purchases of other goods or services. Advantages of Commodity money According to the information about commodities monies on the internet, the reduced value of the money will encourage people to use the item more in its commodity use. For example, if gold serves as money, and its value drops, people will increase their use of gold for jewelry, tableware, and artistic purposes. Their actions will reflect the law of demand: whenever a commodity becomes cheaper, people use more of it. Thus if there is a sudden influx of gold into a country that uses it as money, part of the influx will be diverted to its commodity use, and the effects on the amount of money, and hence on the price level, will be lessened. On the other hand, a sudden decline will also be cushioned, because as the commodity grows more valuable, people will transfer it from its commodity use into a monetary use. If the amount of gold declines and it rises in value, there is an incentive to melt down jewelry, tableware, and artistic objects and use the gold as money. Hence a doubling of gol d may not double the amount of money, and cutting the amount of gold by one half may not cut money by one half (http://ingrimayne.com/econ/Money/Commodities.html ). Another reason for price stability with a commodity money exists when that commodity is used by many other nations. When the price level in any one nation changes, the commodity will flow across borders to where it is most valuable( Robert Schenk, PhD, University of Wisconsin-Madison, 1977 ). Disadvantages of Commodity Money When valuable resources are used as money, those resources cannot be used for consumption. Copper used to make pennies cannot be used to make electrical wire. The supply of money is determined by supply of the commodity. The money supply could fluctuate substantially. The discovery of new gold would mean that the supply of money would increase and the price level would rise. There is a lack of stability when a currency depends on being able to find and produce a particular naturally occurring but naturally rare substance. When gold is being used as commodity money it can be a disadvantage since the government cant meaningfully increase the supply of gold over a short period of time, for example the Fed can be able to increase the supply of fiat money in 10 weeks by more than 100%, with gold this cannot be accomplished. . Advantages of Fiat money Is an efficient form of money; since it can be produced costlessly, there is a gain from using it instead of something else that is both costly to produce and has alternative uses (Neil Wallace).Uses relatively little of societys resources. Fiat money has an advantage over commodity money in the senses that the same laws that come up with laws that created the money can also make a decision to replace the money if it ever gets damaged or destruction occurs. Fiat money has more stability as compared that of gold-backed currency in the sense that commodity based currencies are inherently pro-cyclic, increasing volatility in terms of the regular business cycle and come and go recessions. This stability allows investors, capitalists and creditors to make rational, firm decisions based on sound expectations that have little room for uncertainty; and thus make more risky and subjective investments. Studies also shows that during the Great depression, countries that used fiat currency syste m fared more stable and much better off than those dependent on commodity-based currency. As mentioned by Chris Lind, fiat money is generally seen as a convenience or a protectionist system; It is much easier to carry around a piece of paper than 50 pounds of gold or some other commodity. Trustworthiness; the community trusts that the paper receipt or certificate actually represents the tangible good printed on the paper. Fiat money can and still created in arbitrary amounts, and is made more available on a favorable basis to the government and commercial banks. With fiat money the Fed can be able to increase the supply by more than 100% within 10 weeks, the advantage of being able to do that is that the government can manipulate the system to mitigate panics and disasters. Take for example the last fall would have being a bigger mess if gold was the monetary numeraire Disadvantages of Fiat Money The longer a fiat money system exists, the greater the odds of economic collapse. Over time fiat credit money destroys economies because time exacerbates the systemic flaws of credit-based, sic capital, markets (Darryl Robert Schoon). Fiat money is not self limiting, which can make nations which rely on this type of currency extremely vulnerable to hyperinflation. Government controls money supply and it may cause inflation by printing too much money the following example shows how fiat money can really cause inflation the example is taken from a journal by Andrew Digeson White (1933), early in the year 1789 the French nation found itself in deep financial embarrassment: there was a heavy debt and a serious deficit. The vast reforms of that period, though a lasting blessing politically, were a temporary evil financially. There was a general want of confidence in business circles; capital had shown its proverbial timidity by retiring out of sight as far as possible; throughout the land was stagnation. Fiat money becomes worthless when its no longer used that is when the government declares. Fiat money distorts the time value of money and in so doing destroys both money and the economies that use it (Darryl Robert Schoon).

The Dream Team Era Essay -- essays research papers fc

The Dream Team Era During the summer of 1992, the NBA took center stage as the world watched the greatest team in sports ever assembled joke, pose, and finally play its way to the gold medal at the summer Olympic games. The team was named the â€Å"Dream Team† and it featured eleven of the NBA’s best players. Names like Michael Jordan, Earvin â€Å"Magic† Johnson, and Larry Bird headlined the games and the play of Scottie Pippen and â€Å"Sir† Charles Barkley stole the show. After only eight games, the world of USA basketball would never be the same. Since 1992 two more teams called themselves the â€Å"Dream Team† and two were simply labeled as â€Å"Team USA† but one thing is for certain, International basketball has taken a step in the right direction thanks in part to the NBA and its Dream Team era. Over time the faces of those players may have changed, but the goal has always stayed the same and that’s the goal of bringing home the gold medal. After dominating men’s Olympic basketball for years, the men’s USA basketball team lost to the USSR in the 1988 Seoul games which cost them a shot at winning the gold medal, but they did come home with the bronze. The United States Olympic committee decided that since the rest of the world were sending their best players into the Olympic games that when it came to basketball it was time for them to do the same. The decision was made in 1989 to allow players from the NBA to represent their country in the 1992 Barcelona games. That one decision was the most important decision in the history of international basketball with one goal in mind; to put together the best possible team that they could. The goal of putting a great basketball team of NBA players together seemed impossible especially when it came to dealing with the egos of today’s athletes, but what seemed impossible became a reality. Established veterans like Magic Johnson and Larry Bird and future Hall of Famers/MVP’s like Michael Jordan and best friend Charles Barkley were added to the team. Big men David Robinson and Patrick Ewing were added to control the paint and guards Clyde â€Å"The Glide† Drexler and John Stockton were added to run the show. The man picked to coach the team was Chuck Daly who had won two of the last three NBA Championships with the Detroit Pistons. Knowing that no other team would ever be as potentially great as this one, sportswriters around the world dubbe... ...could secure an 85-83 win, but only after Lithuania’s game winning shot fell short at the buzzer (Games). Even though Team USA wasn’t as star-studded as the previous two Olympic teams, they still achieved the goal of winning a gold medal, but the path that they took to get there was much tougher than the path of teams in the past. With that being said, Team USA helped the United States Men’s basketball program to reach 109 wins with only two losses spread across 14 different Olympic games. Despite the fact that the era and aura of the Dream Team was destroyed, the memories of the games will live on forever. Names like Michael Jordan, Charles Barkley, Shaquille O’Neal and Vince Carter will always be remembered for having great NBA careers, but also for bring home the gold medal for their country and doing it with a class and a grace that will never be seen again. Works Cited â€Å"Games of the XXVth Olympiad—2000.† 17 Oct. 2003 Taylor, Phill. â€Å"Slam Dunk.† Sports Illustrated August 1996: 48-53. The Dream Team: Simply the Best. Videocassette. Xenon Entertainment Group, 1997. 73 min. USA Basketball: â€Å"96 Olympic Gold.† Videocassette. CBS FOX Video Sports, 1996. 50 min.

DR. MARY FRANCES EARLY :: essays research papers

Mary Frances Early: A Living Legend of the University of Georgia When one thinks of prominent figures in African American history the direct correlation is that those leaders lived and died long ago, and are far removed from present-day society. In lieu of Dr. Mary Frances Early’s achievements, she is a â€Å"Living Legend† walking amongst the faculty, staff, and students here at Clark Atlanta University. Professor Mary Frances Early graduated valedictorian from Clark College in 1957 with a Bachelor of Arts degree in Music Education. She then pursued her post graduate studies at the University of Michigan in the summer months, while she taught in Georgia during the school year. Appalled by the treatment of the two African American students at the University of Georgia by their white counterparts, she felt compelled to transfer from the University of Michigan to apply for admission into the University of Georgia. â€Å"I want you to think about what you are doing†, stated her mother when Mary Frances presented her with her intentions. Mary Frances received her greatly anticipated acceptance letter from the University of Georgia in the summer of 1961; after much deliberation by the university. While in attendance at University of Georgia, Mary Frances Early, endured many blatant hardships and dehumanizing attitudes from her white counterparts. While attempting to enter the library a few Caucasian students created a â€Å"human barricade† in an attempt to block the entrance of the library. Mary Frances being the strong African American woman that she is stormed â€Å"full speed ahead† through the â€Å"human barricade† into the library to study. Mary Frances Early’s safe-haven at the university was the music department, where she â€Å"fined tuned† her musical talents. She continued to encounter dehumanizing pranks and jokes. For example, she was locked in a class room by some of the students at 10:00 p.m., in which she was then scolded by the security guard who held no regard for those responsible for terrorizing her. Dr. Early, became a beacon of light for all to see when she became the 1st African American to obtain a graduate degree from the University of Georgia on August 16, 1962. DR. MARY FRANCES EARLY :: essays research papers Mary Frances Early: A Living Legend of the University of Georgia When one thinks of prominent figures in African American history the direct correlation is that those leaders lived and died long ago, and are far removed from present-day society. In lieu of Dr. Mary Frances Early’s achievements, she is a â€Å"Living Legend† walking amongst the faculty, staff, and students here at Clark Atlanta University. Professor Mary Frances Early graduated valedictorian from Clark College in 1957 with a Bachelor of Arts degree in Music Education. She then pursued her post graduate studies at the University of Michigan in the summer months, while she taught in Georgia during the school year. Appalled by the treatment of the two African American students at the University of Georgia by their white counterparts, she felt compelled to transfer from the University of Michigan to apply for admission into the University of Georgia. â€Å"I want you to think about what you are doing†, stated her mother when Mary Frances presented her with her intentions. Mary Frances received her greatly anticipated acceptance letter from the University of Georgia in the summer of 1961; after much deliberation by the university. While in attendance at University of Georgia, Mary Frances Early, endured many blatant hardships and dehumanizing attitudes from her white counterparts. While attempting to enter the library a few Caucasian students created a â€Å"human barricade† in an attempt to block the entrance of the library. Mary Frances being the strong African American woman that she is stormed â€Å"full speed ahead† through the â€Å"human barricade† into the library to study. Mary Frances Early’s safe-haven at the university was the music department, where she â€Å"fined tuned† her musical talents. She continued to encounter dehumanizing pranks and jokes. For example, she was locked in a class room by some of the students at 10:00 p.m., in which she was then scolded by the security guard who held no regard for those responsible for terrorizing her. Dr. Early, became a beacon of light for all to see when she became the 1st African American to obtain a graduate degree from the University of Georgia on August 16, 1962.

How Is Tension Created And Maintained Between John And Elizabeth, And How Does Their Relationship Change?

Arthur Miller was born in the year 1915 and grew up during the great depression. His fathers business crashed during the great depression, this meant there was no money for Arthur miller to exploit his great talent that was play writing. Fortunately through earning small amounts from odd jobs he was able to save up enough to go to university where he received several awards for his early plays. Arthur Miller wrote The Crucible in the year 1952. He used the play as a way of criticizing the government for what is know as McCarthyism. McCarthyism is a communist witch hunt where anybody could be accused of being communist. One of the many people to be accused was Arthur Miller; this is why the main themes of the play are justice and truth. Arthur Miller normally uses society and individuals as main themes for his plays this can also be seen in the crucible. A good example of this is how all the other members of the puritan community look down on John Proctor for not being a regular church-goer. This is relevant today because it could be translated into a suppression of individuality and a pressure for people to fit into society. Another area it explores is the increase of tension and panic in a society. The Crucible is set in a small puritan town where everybody knew each other and it was a very tight community. The despised local preacher called Parris stumbles across several of the village's girls performing a sinful dance including his own daughter Betty. While the girls are performing the dance with his slave Tituba , Betty falls into an unconscious state causing panic. The girls are accused of witch craft. The girls admit to this but one of the girls called Abigail who had an affair with one of the central characters called John Procter sees a chance to exploit the situation and claims there are more witches in the village. Abigail still has feelings for John claims that his wife Elizabeth is a witch. John goes to court to appeal against this, he also tells the court about the affair he had with Abigail to ruin her credibility. The court gets Elizabeth to come in and confirm John's confessions but unfortunately she denies it to save his reputation. John is sentenced to be hung; Elizabeth who has survived so far due to her pregnancy tries to convince John to confess to witchcraft; however he chooses to die with his dignity rather then live without it. The Salem witch trails was a real event and John , Abigail , Elizabeth and some other characters were real people however a lot of the story was written by Arthur Miller. The language of the play is accurate because it uses the correct accents and the characters would have been played by English actors because the modern American accent would not have developed yet. To show the fact that the characters live in a very religious community the characters often make references to the Bible this can be seen were Elizabeth describes Abigail's affect on the court as ‘ Parting the sea of Israel. This shows that the bible was part of their every day life. Before Act two starts the audience is aware of the tension between John and Elizabeth because of John's affair with Abigail. Despite having an affair with Abigail John still loves his wife and wants to protect her. A good example of this is were Abigail accuses Elizabeth of being sickly and John says ‘ You will say nothing of Eli zabeth. ‘ Which show he wants to protect her over Abigail . The tone he uses is angry and full of frustration which shows that he is frustrated and ashamed for having an affair. Read also Intro to Public Relations Notes The setting of the scene makes the audience question Johns commitment to Elizabeth , the scene is set eight days after Abigail told John that her actions are nothing to do with revealing that in fact there are no witches in the village and they where just dancing sinfully. This show that John is withholding information from Elizabeth and the rest of the community and the audience is aware of this. The room that the scene is set in is described as long, dark with a low ceiling which could be a metaphor for John and Elizabeth's relationship. It is also set in this way to create pressure and claustrophobia in the scene ahead which adds to the tension. In contrast to this Elizabeth can be heard singing to the her children which paints a picture of a loving mother in the audiences minds and can create a sense of empathy with the character. It also gives the impression that John and Elizabeth where once a loving couple. The pattern of speech used by the characters increase the sense of tension because it is in short sharp snippets spoken rushed as if not to offend one another by speaking to long. It is clear that Elizabeth concerned why John is late and she decides to confront him about. She expresses her worry by saying ‘You come so late I thought you'd gone to Salem this afternoon. ‘ John lies and says ‘Why! I have no business in Salem. ‘ Which the audience knows is untrue because he was previously in Salem where he met Abigail, this shows that John feels he has to lie to Elizabeth and that it is easier then telling the truth. John then checks the stew and is displeased with its taste so he proceeds to add more seasoning. When he is served the stew and tasted it he compliments Elizabeth on the seasoning. These shows how troubled their relationship is because John would rather lie about the seasoning of the stew then tell her it was under seasoned. The couple begin to discuss the witch trials and Elizabeth asks John to go to court and explain to the court about Abigail's trickery. John dismisses this and says things like ‘I'll think on it. ‘ And the stage actions show him considering where or not to tell the court. Elizabeth thinks he is trying to protect Abigail but really he doesn't want Elizabeth and himself to be accused of witchcraft. The couple begin to argue and use longer sentences to express their true feelings which break the tension that has been built up through out the scene. In this scene the couple are trying to avoid confrontation or trying to please one another we can see this from the stage directions where it says ‘Holding back a full condemnation of her' and ‘She doesn't want friction. ‘ Act three is the most important scene involving John and Elizabeth. John has gone to the court to confess about his affair with Abigail which will discredited her and prove her accusations of witch craft false. To prove Johns confession true Danforth the judge asks Elizabeth to be brought before the court who John claims can never tell a lie. This increase tension because if Elizabeth does lie it will worse because John has put all his trust in Elizabeth's confession. When Elizabeth goes into the room John and Abigail's backs are turned, this is so they can't give hints to Elizabeth but it also is a represent how Elizabeth is feeling about the two. She thinks that John has turned his back on her. The tension is enhanced by Arthur Miller gives stage direction ‘She glances at Proctor for a clue. ‘ and ‘She turns to Abigail. ‘ This shows how Elizabeth is trouble over making the right decision. When she finally answers we can see that she is still trouble at her decision ‘(in agony) No sir'. With this Elizabeth has condemned many people however she has realized that she still loves John and will even lie ,something that goes completely against her beliefs to save his reputation. It also shows that Elizabeth is not perfect and has begun to forgive John. In the next scene John is about to be hung however Elizabeth has a chance to convince him to confess which will save his life but ruin his reputation. This instantly creates tension because it gives Elizabeth a chance to save John. The audience wants to see Elizabeth ask John to lie and confess to witch craft but the tension is prolonged because Elizabeth fails to give John a final answer. She puts the decision in his hands by saying ‘do as you will. ‘ John wants Elizabeth to be part of the decision because he says ‘would you give them such a lie. Showing that John respects her feelings and considers her to be his partner raising the tension even more because of the couples new found care for each other. We finally see her true feelings where she tells him ‘and yet you've not confessed till now. That speaks goodness in you. ‘ and if she does not give an answer John will continue to deny the charges building more tension because the audience now fears for Johns life. John and Elizabeth's relationship is still getting better however John still thinks of himself as ‘a fraud' and a ‘no good man'. Elizabeth doesn't want John to think this , this is made clear where she says ‘Do as you will, do as you will. ‘ Which shows that she is giving him space so that he can prove to himself that he is a good man. John decides against confessing and by doing so he now feels he is worthy of Elizabeth. Elizabeth finally forgives John telling him her true feelings ‘John I counted myself so poorly made, no honest love could come to me! Suspicion kissed you when I did; I never knew how to say my love. It was a cold house I kept. ‘ This also shows that she has recognised her own failings. Despite the fact that John is going to hang the audience now know they both recognise their love for each over which is signified by Johns kiss ‘he lifts her, and kisses her now with great passion. ‘ Showing they are not afraid to love each other. The play shows us that it is dangerous not to speak your mind and that it can lead to great tragedies. It is also dangerous for society to put someone in a position where they cannot speak their mind. John and Elizabeth realized this and if they had talked about their feelings more then Elizabeth would not have had to of lied. We can also see the parallels the play shares with the McCarthy communist hunt. The death at the end is important because it was preventable the play also shows how lies and deceit can lead to pointless deaths. We can also see the pressure needed for people to talk about there true feelings , only when John was about to hang did the pair express their love for each other and in contrast to this when they where living a comfortable life before the trials they where constantly wanting to please one another and not disrupt their normal everyday existence.

Diasporic Article Critique

We define Diaspora as a movement of any population with common ethnic identity from their settled territory to areas farther away. This is common to populations from countries which are experiencing poverty, economic unrest, and military problems, making it not very suitable for living. This is the situation discussed in the article by Mary Rogan, entitled Girl, Interrupted. She talks about the life and death of Aqsa Parvez, a Pakistani immigrant in Toronto, Canada.The article focused on the life of 16 year old Aqsa, who tried to blend in with the western culture of her new home (Rogan, 2008). The article initially recounts that events that happened the day Aqsa Parvez was murdered by her own father and brother because she allegedly disrespected their culture and religion. The article was nothing more than an account of the things that happened before and after the death. It tried to fit in the pieces that led to the death of the teenager, coupled with the statements given by two of her closest friends.If you look at the situation in a spectator’s perspective, you would see that it was nothing more but a case of domestic violence, with the father overly beating the child for not following his orders. However, if the case is viewed in a cultural or religious perspective, it would reveal a different story. Diaspora in the context of Aqsa Parvez’ situation would mean moving from her place of origin towards Ontario, while brining with her all her cultural and religious beliefs (Berns-McGown, 2008).She was a from a Muslim family, and devout one at that, which is why every aspect of their culture should be followed, and deviating from it would mean disrespect, and should be dealt with accordingly. Aqsa Pavrez is born and raised in the Islam culture, so she has to adopt in her life every teaching that the culture presented to her. The article Girl, Interrupted focused on one symbolism all throughout the article, and that is the wearing of a Hajib. Muslim women were regarded as the treasures of the religion, which is why they have to be covered all over, as much as possible, not revealing an inch of their naked skin.For those living in Muslim countries, women were clad in robes and cover their face, revealing only their eyes. But for the case of Aqsa Pavrez, she was only required by her parents to wear a Hajib, a cloth that would cover her head and hair. This situation is a manifestation of cultural diaspora, wherein Aqsa Pavrez and her family carries with them the religious and cultural beliefs and practice of their homeland. However, since Ontario is different from where they came from, they have to somehow adapt and adjust these practices to match the place.Aqsa Pavrez and other women from the same culture and religion were not anymore required to be clad in long robes just to cover every inch of their skin. They were instead required to wear lose shirts and large jeans, and to wear a Hajib to cover their head. For those who have strongly adhered to their cultural and religious practices, complying with these guidelines was easy. They are somehow able to fit in with the new environment, but are able to maintain and preserve with them the teachings of their culture and religion.But Aqsa Pavrez was different. According to the article, she did not despise wearing their traditional clothing, but instead, she wanted to wear it according to her choice. She wanted to have freedom in choosing what to wear, freedom of expressing herself, especially since she’s a teenager, with friends who are very much different from her. She somehow wanted to blend in, and the practices that she was accustomed to were hindering her from doing so. In a Diasporic perspective, we can say that indeed, there are people just like Aqsa Pavrez.They don’t hate the culture and religion they grew up with, but they also wanted to enjoy what other people are enjoying. The cultural practices that she was expected to follow were hin dering her from doing the things she wanted, which is why most of the times, she broke the rule set by her father and older brother. In the context of Diaspora, the people who settle in foreign lands such as this were expected to alter the beliefs and practices that they have brought with them. They are in a different land, and not all of the cases that they grew up on would apply.If we are to judge the actions of Aqsa Pavrez, she was merely adapting to the new environment, and was trying to mix the culture that she grew up on, with that of the foreign land they have settled in (Sen, 2006). This action is very much expected, though there are some constraints that she has encountered. First of all, she was still in her youth, and she couldn’t possibly stand on her own feet considering her age. It was too early to become independent, so no matter what her desires are, it is impossible to put it into fruition.Her family, especially her father and brother, hindered her from doing so, primarily because they wanted her to retain the practices and beliefs that they grew up on. The sad thing though, for the case of Aqsa Pavrez is that she was not given the chance to grow up. She died before even reaching the point where she can decide on what she wants. The title could be wrong because girls like Aqsa would still need intervention. What could be more appropriate is that, it is a Life, Interrupted.

Human Resource Management Essay

The first stop at the place of employment on the first day of work is human resource management (HRM) office. Known in the past as the personnel department is now HRM; the place where contracts and all necessary documentation is processed before employment begins at the workplace. To some this is a friendly place and to other is threatening. Definition To understand what human resource management means and does, it is necessary to begin with a definition of its terms: Human: of, relating to, or characteristic of humans, consisting of humans (Merriam-Webster). Resource: a source of supply or support; an available means usually used in plural; a natural source of wealth or revenue often used in plural; a natural feature or phenomenon that enhances the quality of human life; a source of information or expertise (Merriam-Webster). Management: the act or art of managing; the conducting or supervising of something (as a business); judicious use of means to accomplish an end; the collective body of those who manage or direct an enterprise (Merriam-Webster). From these definitions an idea of human resource management forms and can be states as: The art of conducting or supervising the source of supply or support of humans. The purpose obviously is to perform tasks assigned in exchange for a wage or salary during a specified period of time or shift. Primary function HRM can be seen as the welcoming door to the company for new employees, but it represents much more than that. As part of the organization, HRM deals with the changes in the world affecting the company and its employees. Preparation is constant in this fast-paced world to cope with the newest changes in globalization, technology, workforce diversity, and labor shortages (DeCenzo 2007 p4). In today’s world, skill requirements are constantly changing and the improvement of the workforce is also continuous. HRM is responsible for overlooking the fulfillment of these needs in the company and all its different locations throughout the world. Globalization expanded the horizons for business and requires a deep understanding of the cultural diversity. Organizations like McDonalds, Exxon, BMW, General Motors, Sears, and many more like these generate their revenue from  different parts of the world. Making a presence in different countries requires knowledge and understanding of their cultures, not only the language and and typical traditions. HRM is responsible for the training of the company representatives asigned to the various countries where the company has operations. The primary function is no longer just the hiring and processing of new employees, but the primary function is now to manage the human resources available and their labor relations for the company’s operations locally or globally. Role of HRM in an Organization’s Strategic Plan The organization’s strategic plan is the core for the entire operation and the goals set to accomplish. HRM plays a very important role in this plan and the success or failure of the strategy starts off by how three of the management principles are applied by HRM. Oganizing, as a management principle, falls under the responsibility of HRM for specifying tasks, establishing departments, establishing channels of authorities, delegation of authorities, and coordination of subordinates activities. Basically this represents the foundation bricks for the strategic plan (Bateman, 2009). Leading is another management principle that falls under the HRM role and it is getting others to get the job done and motivating subordinates. Standard operating procedures, code of ethics, employees benefits, and other tools are used by HRM to accomplish this part of the role in the organization’s strategic plan (Bateman, 2009). Controlling is the management principle used to set standards for expected results and implement corrective actions when not going in the right direction. HR managers measure the efficiency of persons employed for the tasks and maintain turnover to low levels. HRM is responsible for the control of labor practices to keep them within legality, the avoiding of discriminatory actions and potential losses due to lack of training (Bateman, 2009). HRM is the backbone for any organization and is critical that human resource managers keep updated on all the changes affecting business. References Merriam-Webster Dictionary. (2012). http://www.merriam-webster.com/dictionary/management?show=0&t=1347165029 DeCenzo, D. and Robbins, S. (2007) Fundamentals of Human Resource Management, 9e p4 John Wiley & Sons Management: Leading and Collaborating in a Competitive World, by Bateman and Snell (8th edition, 2009) Retrieved from EBook Collection, https://ecampus.phoenix.edu/classroom/ic/classroom.aspx

Impact of Electronic Information on Individuals & Society

In this report I will discuss the impact of electronic information on individuals and society. I am going to talk about how the ways people access information has changed and how new technologies have played a part in this. Firstly I will talk about how increased availability of electronic information has changed mine and my family’s daily lives. Then I'll consider how this has affected the older generation, in particular, the elderly.After that, I’ll explore some of the ways organisations these days communicate with individuals and society, and finally I'll talk about people who do not have access or don't want to have access to the internet and the possible consequences of this. Over the past few years the amount of information I receive from paper-based information sources has decreased dramatically while electronic information is becoming more and more significant to mine, and my family’s daily lives. On a daily basis I access many different types of electron ic information such as text messages, internet and television.All these things have a huge impact on me and my family. For example, if I want to meet a friend, first of all I text them to find out if they’re at home and are not busy, while not so long ago when I didn't have a mobile phone I would go to their house and find out if they were at home, which isn’t very time efficient. Another example of how increased availability of electronic information has changed my life is the way I find the information I need. Not so long ago I was searching for information I need in paper-based sources such as books, newspapers and magazines.While now I mostly use the internet, and a search engine such as Google for searching for information. But the problem with search engines is that you have to be very accurate and know exactly what kind of information you want to find, otherwise you may not find what you need or not exactly the kind of information you need. I sometimes also watc h the television; television provides light entertainment, education and information. It means that I can be kept up to date with what is going on in the world by watching the news, or alternatively can be kept amused.In the rapidly aging population, the elderly are called upon to adapt to new technology and the demands of modern society. It is widely accepted that elder individuals show low adjustment to new technologies compared to younger generations, either because they do not have the technological experience or because of their current health status. At their effort to use new technologies, they usually face many difficulties related to the complexity of new technology. Other contributing factors for this low adjustment to new technologies are the lack of incentives, economical obstacles, digital skills and appropriate training.A commonly held view is that the market is not currently investing enough on innovations for the elder users, such as comprehensive and user-friendly s ervices for healthier living conditions. In addition, many products and services often are not appropriate to the needs of elder users, exacerbating the sense of frustration and leading to dependence on other people. The main sources of information for the elderly are the internet, thematic television channels and magazines.In their effort to take greater responsibility for their personal health, physical status and independent living conditions, the elderly users need to be more informed through the use of these sources. Technology may involve the use of most simple everyday electrical appliances (TV, kitchen, vacuum cleaner, dishwasher, etc. ) or other more complex machines (ATMs, PCs, mobile phones etc. ) This widely accepted use of new technology by the elderly population has a beneficial effect on their quality of life. More and more organizations are equipping the use websites to advertise themselves.When an organization has a website, they suddenly have a home base for the me ssages their customers have to share with everyone. They can take that to the next level by branching out and allowing their customers to sign up to be on an e-mail list on their website. They can then send potential customers updates for the latest deals, blog posts, and more. Although e-mail is a valuable communication tool, its widespread use in academic and business settings has introduced some new challenges for some people. I believe every business needs to use technology to gain competitive advantage.In today’s world, time and efficiency are very essential factors in business growth, so if you want your business to survive in this technologically demanding century, you will need to use technology. The type of technology used in business varies, as they do not all have the same needs of technology; it can be used for communication, manufacturing, packaging, quality control, record keeping, accounting, human resource management, data security, decision making, used to im prove customer service, business marketing and promotion and more.Because it is a relatively new form of communication, basic social conventions for writing and responding to e-mail are still being worked out. Miscommunication can easily occur when people have different expectations about the e-mails that they send and receive. In addition, e-mail is used for many different purposes, including contacting friends, communicating with professors and supervisors, requesting information, and applying for jobs, internships, and scholarships.Depending on your purposes, the messages you send will differ in their formality, intended audience, and desired outcome. The individuals who do not have access to the internet, do not know how to use it, or simply do not want to use it are being deprived of the benefits, social opportunities, and time saving methods the internet provides. This further segregates certain groups of society. For example, most uneducated people probably do not have access to the internet, and if they did, they would not be able to use it as efficiently as more educated people.The internet has changed the way we live, interact with others, and go about our daily lives. Social interaction no longer relies on physical location, which has many implications that sociologists are interested in studying. As a relatively new invention, we have yet to see the full implications and effects that the internet has on societies around the world. This opens up an entirely new and exciting field within sociology and it will be interesting to see where it takes us.