Friday, May 22, 2020

Philip Zimbardo’S Famous Quote Was Inspired From His Stanford

Philip Zimbardo’s famous quote was inspired from his Stanford prison experiment and it states â€Å"The line between good and evil is permeable and almost anyone can be induced to cross it when pressured by situational forces†. This quote summarized means that when a human is given or in the right scenario, humans will take on one of the most savage behavior. Philip Zimbardo’s experiment that happened in 1971 was all about taking in male volunteers to a prison like setting and he had them take roles as either prisoners or guards. A writer Shirley Jackson wrote a short story called â€Å"The Lottery† in 1948, the story is about a small village who has a special yearly lottery that is ancient but of importance to the people who live there and they†¦show more content†¦The first to become blind were put into an asylum to help contain the blindness and the ministry is very unhelpful and this poor man along with his wife and the doctor and his wife who still has her sight are tortured and mistreated leaving to die of hunger for days and some killed in the process of trying to escape. Now to the examples, these people start to take in animalistic behaviors in order to survive. They are more than willing to go to great measures in order to escape, stay alive, eat, and receive pleasure. The first example that helps prove it is, â€Å"Those two mouths searched until they found each other, and then the inevitable happened, the pleasure of both of them†¦ forgive me, I don’t know what came over me, in fact, we were right, how could we† (Saramago 174). In this quote, the doctor’s wife has caught her husband having sexual intercourse with another woman and she isn’t surprised at all. She acknowledges that she has not been pleasurable towards her husband and she understands that he had to find a way to exert those urges and so he betrays his wife. This man who must have been urging for quite a while did the inevitable and although his wife accepts what has happened you can understand how he was willing to get caught and lose his relationship. Another great example would be where further in the book more people are put into the asylum and wards and sanctions start to develop and soShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pages10.5/12 ITC New Baskerville Std Credits and acknowledgments borrowed from other sources and reproduced, with permission, in this textbook appear on the appropriate page within text. Copyright  © 2013, 2011, 2009, 2007, 2005 by Pearson Education, Inc., publishing as Prentice Hall. All rights reserved. Manufactured in the United States of America. This publication is protected by Copyright, and permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval

Sunday, May 10, 2020

The Cult You re By Kalle Lasn - 1683 Words

The phenomenon of consumerism is quiet powerful due to the impact on individual’s lives. Society has come to the point, happiness is associated with consumption. However, the way consumerism works, is if the items being purchased gives temporary happiness. There individuals are always buying the latest products to remain happy. In the text, â€Å"The Cult you’re in† Kalle Lasn, discusses a cult-like nature of consumer culture on Americans. Lasn uses the work ‘cult’ as a metaphor; he does not mean an actual cult but American consumers seem to be in a cult-like nature. The ideal example of Lasns argument is the text, â€Å"The man behind Abercrombie and Fitch†, Benoit Denizet-Lewis, goes in great depth of the life of the CEO, Mike Jeffries, of†¦show more content†¦Denizet-Lewis states, â€Å"Jeffries obsession with building brands began when he was five. He grew up in Los Angeles, where his father owned a chain of party supple store s for which a young Jeffries liked to organize and design windows and counters (369)†. Since Jeffries was a child, he wanted to build brands to attract more people into the consumer cult. However, Jeffries wanted to be a type of leader, to attract people as customers by marketing and branding practices. Lasn quote is an example of the consumer and Denizet-Lewis’s quote is an example of Jeffrey wanting to be a leader to attract consumers. However being a consumer or a leader as is displayed in the quotes above, begins before one is even conscious about it. Teenage years are some of the toughest years a person may go through, on account of it being all about the mindset and trying to fit in. The teen years or rebel years, is usually spent in the mall with friends with the endeavor to get away with stealing, drinking or doing drugs by the authorities. Basically, doing such acts that one knows is forbidden, however if you get away with it, gives you a feeling of having great power over authority figures. Lasn states, â€Å"One day you act drunk and trick them into â€Å"arresting† you- only this time it actually is soda in the can. You are immensely pleased with yourself (379)†. In the rebellious years, getting the authorities to believe one accomplished something bad, gives this feeling,Show MoreRelatedThe Cult You re By Kalle Lasn1372 Words   |  6 Pagestext, â€Å"The Cult you’re in† Kalle Lasn, discusses a cult-like nature of consumer culture on Americans. Lasn uses the work ‘cult’ as a me taphor; he does not mean an actual cult but American consumers seem to be in a cult-like nature. The ideal example of Lasns argument is the text, â€Å"The man behind Abercrombie and Fitch†, Benoit Denizet-Lewis, goes in great depth of the life of the CEO, Mike Jeffries, of Abercrombie and Fitch. Denizet Lewis’s piece on Jeffries life displays how accurate Lasns claim is

Wednesday, May 6, 2020

The Eurozone Crisis More or Less Integration Free Essays

Introduction It is an incorrect, yet widespread belief that the United States financial crisis of 2008 and 2009 was a large contributing factor the European Debt Crisis; however the real impact of this financial crisis was rather to expose the unsustainable fiscal policies of countries within the Eurozone. To varying degrees, a number of European countries have become unable to meet their debt obligations and as such face worrying financial crisis. Spain is a particularly interesting country in the midst of this crisis, as until 2007, they could be considered on the more financially sound of the Eurozone-even more so than powerhouse Germany. We will write a custom essay sample on The Eurozone Crisis: More or Less Integration? or any similar topic only for you Order Now This was because, until 2007, the Spanish government did not exceed 3% of the GDP in general deficit. This limit on international borrowing was implemented in 1997 and confirmed as of 9 December 2011 (Thompson, 2012). In addition to this limit on the general deficit, the participating European Union members are also expected to keep their debt below 60% of the GDP and the structural budget deficit to below 0.5%. Not only did Spain adhere to this limit, it also has the lowest national debt in relation to the size of its economy (BBC, 2011). Despite these impressive facts, Spain was not considered to be the safe haven of the Eurozone and was not reaping the benefits of other more irresponsible borrowing habits of other Eurozone countries, which at the time included Germany – currently the largest Eurozone lender country. The downfall of the Spanish economy can in part be directly attributed to an increase in the local wages paid, leading to a decrease in competitiveness as an exporter generally and therefore the stagnation as a market. In addition to this, the adoption of the Euro encouraged a dramatic drop in the lending interest rate and as a result there was a boom in private sector lending and mortgages. This massive increase in private debt has led to financial instability in the banking sector which has in turn led to the need for massive loans and bailouts from various stakeholders. The Effect of the Eurozone Crisis on the Economy of Spain The cause of the Eurozone crisis for Spain was briefly outlined above and it is fairly obvious that such irresponsible fiscal policing would have an enormous, if not crippling effect on the economy. An economy that saw an average of 3.7% growth annually in the period between 1997 and 2008, now has experienced an average shrinking of 1% since the global recession of 2008 (BBC News, 2012). The irresponsible lending of the Spanish banks has led to the need for loans of the Spanish government in order to bail-out its national financial lending institutions. It is tragic to see the mismanagement of funds by the private sector leading to an enormous national debt despite cautious lending by the government. The dramatic drop in the interest rate leading to a vast increase in borrowing and mortgages saw a 44% increase in the price of housing in Spain (BBC News, 2012). With the hit of the global recession, this has reportedly dropped drastically by 25% (BBC News, 2012). The global financial recession in turn led the default in repayment of these debts by the borrowers and mortgage holders, with a parallel decrease in the value of the assets that were used as security for these loans. The banks therefore were left in a position where the low-interest loans were not being repaid with no reasonable prospect of repayment. The money that was borrowed by these banks was funded through loans from international markets, therefore the inability of the banks to repay the money has led to a significant decline of market confidence. As a result of this, a significant percentage of the bailouts given to Spain will be concentrated on reforming the financial banking sector. Although it must be pointed out that the International Monetary Fund has indicated that this is not a description of the entire banking sector as there are banks that remain well managed and resilient (BBC News, 2012). The decline therefore of market confidence has led to an increasing difficulty for loans from the international market and has resulted in resort to emergency funding. Funding therefore is clearly a major consequence of the Eurozone crisis compacted by the global recession. However to the credit of the Spanish government, the focus of the emergency funding is the Spanish banking sector rather than the economy through the central government. The advantage of this is that generally financing through the central government is attached to conditions of budget cuts and tax increases, which according to the BBC the Spanish were desperate to avoid (2012). Despite this however, the loan is attached to a condition requiring the decrease of the public deficit. One must of course always be mindful of the effect that any form of budget cut has on the unemployment rate and current wage levels. These are all interrelated as unemployment in Spain is currently at around 20% (BBC News, 2012) and an increase in this rate will lower the wage levels in an attempt to increase competitiveness in exports. This has a generally devastating potential effect on the ability o f persons to repay loans and public support or political stability. European Federalism It is clear that those that hold the power to borrow, hold the power over their borrowers. This much is clear in the interventionist requirements of budget cuts and increases in tax that are requirements of the emergency bailouts. It is clear however that by examining the differences in the Eurozone crisis for the southern countries generally that there is a desire for more intervention in certain countries, however larger deference in others. The primary deciding factor should be the participation of the governments in the management of the debt crisis. Spain for example was led into financial crisis by an irresponsible private sector, however arguably countries with a higher government debt, such as Italy (Figure 1) should be monitored more strictly. It would appear that Germany as the largest Eurozone creditor would be much in favour of such a federalist system in the European Union, as the lending of these funds to countries in crisis could be described as irresponsible (Meyer-Eppler, 2011) due to the long-term period that it would take to repay these loans – therefore ensuring some measure of economic and political intervention. It can be argued however that this is a by-product of participating in a trading block such as the European Union. The economic and political intrusion is caused by the mere participation in the Eurozone itself and whilst state autonomy has always been a large part of this existence, as a trading block the communal interests of the Eurozone are paramount to any national agenda that may exist. Therefore, the extent of the political and economic integration must be guided by the survival of these interests. As is necessary therefore, it will be beneficial for a larger degree of integration if it s o serves the interests of the community as a whole, which at this point where governments seem unable to manage their own national debt, it seems highly necessary. Conclusion It is clear that the Eurozone crisis caused by the irresponsible fiscal policies of the member countries compounded by the event of the global recession has had massive impact on the national economies of all countries. Greater foresight and measurement of financial progress must be employed in the future to avoid similar circumstances, should these countries recover. The integration politically and economically by member states is clearly necessary as it would appear that countries are unable to manage their own affairs, and like with any loan, there are conditions attached thereto. In the case of states however, this seems to have come in the form of forced integration and the emergence of a kind of European federalism. References BBC News (2012) ‘Eurozone crisis explained’ BBC News Online [last updated on 12.19pm, 25 June 2012] Available on http://www.bbc.co.uk/news/business-17549970 [Accessed 8 July 2012] BBC News (2012) ‘Timeline: The unfolding eurozone crisis’ BBC News Online [last updated 3.08pm, 13 May 2012] Available on http://www.bbc.co.uk/news/business-13856580 [Accessed 8 July 2012] BBC News (2011) ‘What really caused the eurozone crisis?’ BBC News Online [last updated on 10.59am, 22 December 2011] Available on http://www.bbc.co.uk/news/business-16301630 [Accessed 8 July 2012] BBC News (2012) ‘In graphics: Eurozone crisis’ BBC News Online [last updated on 13.02pm, 4 May 2012] Available on http://www.bbc.co.uk/news/business-13361930 [Accessed on 8 July 2012] BBC News (2011) ‘Eurozone debt web: Who owes what to whom?’ BBC News Online [last updated on 9.20am, 18 November 2011] Available on http://www.bbc.co.uk/news/business-15748696 [Accessed on 8 July 2012] Meyer-Eppler, Richard (2011) ‘Germany’s Policy on Eurozone Rebalancing – A Convenient Tale of Virtuous Lending and Irresponsible Borrowing?’ [online] Available on http://www.bridge.uni-koeln.de/fileadmin/wiso_fak/wisosoz/pdf/Meyer-Eppler/Meyer-Eppler_2011_Germany_s_Policy_on_Rebalancing.pdf [Accessed on 8 July 2012] Thompson, Gavin (2012) ‘In brief: provisions of the fiscal compact and economic issues’ House of Common Library, Standard Note SN/EP/6224 How to cite The Eurozone Crisis: More or Less Integration?, Essay examples