THE GLASS MENAGERIE How Lauras relationship with Jim changed the tone of the play

Introduction The Glass Menagerie play was written by Tennessee Williams. Born in 1911 in Mississippi, Williams lived in Tennessee as well as Mississippi until their family moved to St. Louis. The play seems to draw parallel with Williams’ own family, whose lifestyle was almost like that of the Wingfield family.Advertising We will write a custom research paper sample on THE GLASS MENAGERIE: How Laura’s relationship with Jim changed the tone of the play specifically for you for only $16.05 $11/page Learn More During his time as a writer, Williams received various awards especially in this play, The Glass Menagerie. Among his awards was the prestigious New York Drama Critics Circle, which he won four times (The Book of the Dead Man 109-110). His play, The Glass Menagerie gained popularity throughout United States. The play portrays Williams’ use of thematic devices and production values. It is based on a melancholic family that struggle s with several issues in life ranging from single parenthood to family conflicts and financial support. This paper will analyze Tennessee Williams’ play with much focus on how Laura’s relationship with Jim changed the tone of play (Williams 155). The Glass Menagerie The whole drama takes place in St. Louis, at narrator’s family home (Tom). Tom lives in a small apartment with his mother and sister. The latter is crippled on one of her legs and is disillusioned by her glasses. Tom’s father, Mr. Wingfield is said to have deserted the family for a long period and the play does not go on explain why he left, although he sends greetings postcard to his family, he disappears from the scene. Tom’s mother Amanda or Mrs. Wingfield is depicted as persistently reprimanding Tom over almost all issues of his life, ranging from his personality to eating habits, among others. The Family struggles both financially and emotionally given the disappearance of Tom†™s father. Amanda is more sociable compared to her daughter Laura who is very shy and delicate. Tom works to support his family but is divided on whether to pursue life far away from his family, so he plots to desert them and eventually does. Jim is Tom’s friend and was in the same school as Laura, he is engaged and when he tells this to Laura on their first meeting after school, she is heartbroken because she loved him. The story ends in disharmony when Tom finally decides to abandon his family obligations and never to return (Bradford 1-2). Character analysis In Tennessee Williams’ play, The Glass Menagerie, four characters are well brought out, that is Tom, his mother Amanda, Sister Laura and friend Jim. The characters meet together on the day Tom invites Jim to their house, and Laura’s mother thinks she has got a suitor for is her daughter.Advertising Looking for research paper on art and design? Let's see if we can help you! Get your first paper with 15% OFF Learn More Tom Wingfield Tom Wingfield is the only son of the Wingfield family; He lives with his mother Amanda and sister Laura. His father deserted them and so he carries on, his responsibility by providing for the family, he later leaves the family never to return. He is frustrated with life and wants to leave for a strange adventure. This comes out clearly when he talks to Jim about his future at their house and even leaves the family. Tom also performs as the narrator in the play. Laura Wingfield Laura is Tom’s sister and has been out of high school for six years. She is shy and only focuses on her glass figurines. She is crippled and loves Jim so much but gets disappointed when Jim tells her he is engaged. She is described as losing touch with reality and as fragile as her glass collections. She is tender, especially in the way she deals with Jim. Laura is lonely and this is conveyed when her mother tries to find a suitor for her. She is also cheerful as she receives Jim, her dream man, into the house and even faints for Joy. Amanda Wingfield Amanda is both Tom and Laura’s mother. She is depicted as loving; this is conveyed in her love for them. She keeps track of her children’s emotional and physical status, for instance, she reprimands Tom for bad eating habits as well as the job he does. She tries to help Laura gain confidence and even tries to find a suitor for her in Jim. She is also temperamental especially towards Tom; she expects too much from her son and is greatly disappointed in Him. Laura is caring, she wants good things for her children and keeps them on course where possible, and this she does when she prepares Laura for Jim. Amanda is also lonely, for she is single and deserted by her husband, frequent quarreling in the house also keeps her lonely (Bradford 1-2). Jim Jim is Tom’s friend at work and they were in the same high school with Laura. He is described as a well mannered, handsome and po lite young man who studies public speaking so as to become an executive. He is empathetic; this is seen in how he encourages Laura to be confident and even dances with her. Jim is also truthful, this is seen in the way he tells Laura that he is engaged to be married. How Laura’s relationship with Jim changed the tone of the play Earlier in the play, we are told that Laura was shy and delicate just like her glass figurines. Her mother had tried to cheer her and find her a suitor to no avail. She could not go out like the others ladies, instead she remained fixed on her glass figurines.Advertising We will write a custom research paper sample on THE GLASS MENAGERIE: How Laura’s relationship with Jim changed the tone of the play specifically for you for only $16.05 $11/page Learn More Jovial Tone Just before Jim came into the house, expectation was high; Amanda was trying all her best to prepare Laura for her suitor Jim. Everyone was cheerful, expectant and hoping for the best except Jim who had intentionally defaulted in paying electricity bill. Jim seemed not to care much for her sister Laura as he kept dragging his feet on bringing her a suitor. We are told that Laura and Jim were in high school together, along with Tom. Laura had a childhood dream, to get married to Jim; he was the most handsome boy that had ever happened to her. Aggressive Tone When Jim entered the house, he was perplexed as to the welcoming he received. Everything was ready and Amanda was cheerful, Laura on the other hand, was both surprised and excited as to the scene that was presented before her. She even fainted at the thought of meeting her dream man. The tone of play changes when Jim reveals to Laura that he is engaged. Laura had hoped to finally find her man Jim, especially when he made the initiative to talk to her, but this did not work out, she was disappointed and dejected for the man was never going to be with her. Aggressive tone is qu ite rampant towards the end of this play as Amanda furiously demands answers from Tom as to why he had brought someone’s fiancà ©e. Anger flares in all direction from Amanda, while Laura cries uncontrollably. Tom decides to desert the family. He leaves his mother and sister helpless and jobless. This sentiment is shared by Amanda when she flares her anger at Tom towards the end of the play. Sad tone Laura is on a sad note having missed the opportunity to have her man. She is dejected and disappointed in what has happened. Amanda on the other hand is very much disappointed and regrets having spent a lot of cash on preparation of Laura for an engaged person. The tone is sad and everything looks gloomy as Tom leaves home for an adventure. Angry Tone The story ends in an angry tone as anger flares everywhere, Amanda is very annoyed by Tom’s behavior of bringing an engaged friend to meet her sister. This enrages her and breaks the family code that was already loose and uns table due to hardships and conflicts. Tom therefore decides to leave her family and never returns (Bradford 1-2).Advertising Looking for research paper on art and design? Let's see if we can help you! Get your first paper with 15% OFF Learn More Conclusion The play starts in a melancholic state and continues as family members struggle with hardships, Amanda is expecting too much from her children; Laura is very shy and delicate, while Tom is fantasizing about the world. These young adults need to make it in life, the mother tries to make them so but they seem unprepared, the tone of the play starts in mild state, moves through a jovial state when Amanda and Laura meet Jim, but the tone moves back to an aggressive, angry as well as sad tone. This is because of their disappointment in Jim and Tom who had brought him, the family breaks from Tom as he escapes and leaves his responsibilities (Pretorius 339-3560). Works Cited â€Å"The Book of the Dead Man (The Red Wheelbarrow).†Boulevard. 109-110. OpoJaz, Inc., 2010. Literary Reference Center.EBSCO.Web. Bradford, Wade. â€Å"The Glass Menagerie.† About.com Guide. 02.05. 2011. 02.05.2011. https://www.thoughtco.com/the-glass-menagerie-overview-2713491 Pretorius, Eliz abeth J. â€Å"Issues of complexity in reading: Putting Occam’s razor aside for now.† Southern African Linguistics Applied Language Studies 28.4 (2010): 339-356. Academic Search Premier. EBSCO.Web. Williams, William Carlos. â€Å"The Red Wheelbarrow.†Literature: Craft Voice. Eds. Nicholas Delbanco and Alan Cheuse. New York: McGraw-Hill, 2009.155.Print. This research paper on THE GLASS MENAGERIE: How Laura’s relationship with Jim changed the tone of the play was written and submitted by user Annie Goodwin to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Free Essays on Drug And Teens

The Increasing Problem of Drug and Teens Drug use is the increasing problem among teenagers in today's society. Most drug use begins in the adolescent years. These are the most crucial years in the maturation process. During the adolescent’s years, children are faced with difficult tasks of determining their self-identity, clarifying their sexual roles, affirmative independence, learning to handle authority and searching for goals that would give their lives meaning. Drugs are easily available, adolescents are curious and venerable, and there is peer pressure to experiment, and temptation to escape from conflicts. The use of drugs by teenagers is the result of a combination of factors such as peer pressure, curiosity, and availability. Drugs addiction among adolescents in turn leads to depression, suicide, brain damage and other physical complications. We cannot put all the blame on teens and their peers alone. The media to certain extent is also to blame when teens use drug. The media has proven to be a lot more damaging than useful in the type of information meant for mature audience but end up with the immature audience. Soap operas and frivolous shows shown on TV contain immoral and untrue images of the world as it is more of the writer’s imagination or the way directors direct them to act. Most teenagers are probably old enough to watch these shows but not mature enough to comprehend with the fictitious nature of movies and soap operas. Even though movies and soaps are rated, teenager are still able to access them. The responsibility then become the parents, who are responsible in controlling their children from getting misleading information about drugs, alcoholism and lots more. The internet also gives off misleading information. Teenager can access many website that are intended for mature audience. There underground internet websites and discussion boards that describe issues that teens many not have a real grasp on ... Free Essays on Drug And Teens Free Essays on Drug And Teens The Increasing Problem of Drug and Teens Drug use is the increasing problem among teenagers in today's society. Most drug use begins in the adolescent years. These are the most crucial years in the maturation process. During the adolescent’s years, children are faced with difficult tasks of determining their self-identity, clarifying their sexual roles, affirmative independence, learning to handle authority and searching for goals that would give their lives meaning. Drugs are easily available, adolescents are curious and venerable, and there is peer pressure to experiment, and temptation to escape from conflicts. The use of drugs by teenagers is the result of a combination of factors such as peer pressure, curiosity, and availability. Drugs addiction among adolescents in turn leads to depression, suicide, brain damage and other physical complications. We cannot put all the blame on teens and their peers alone. The media to certain extent is also to blame when teens use drug. The media has proven to be a lot more damaging than useful in the type of information meant for mature audience but end up with the immature audience. Soap operas and frivolous shows shown on TV contain immoral and untrue images of the world as it is more of the writer’s imagination or the way directors direct them to act. Most teenagers are probably old enough to watch these shows but not mature enough to comprehend with the fictitious nature of movies and soap operas. Even though movies and soaps are rated, teenager are still able to access them. The responsibility then become the parents, who are responsible in controlling their children from getting misleading information about drugs, alcoholism and lots more. The internet also gives off misleading information. Teenager can access many website that are intended for mature audience. There underground internet websites and discussion boards that describe issues that teens many not have a real grasp on ...

Employment Relations in the United Kingdom Essay

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The limitations of economists’ idea of a perfect capital market

The limitations of economists’ idea of a perfect capital market Introduction This brief study assesses the limitations of economists idea of a perfect capital market as a basis for theorising modern global capital markets. Todays global capital markets have undergone a global tectonic transformation from the erstwhile discrete and largely controlled capital markets. This transformation has led economists to propound various theories to explain the aggressive and changing global economic landscape. However, economists globally still struggle with the continuously evolving environment across trade boundaries and capital market regimes. It is unfortunate that, like most other branches of economics, contemporary developments of knowledge and technology have not trickled back to further develop the fundamental models that most economists deploy to manage their thinking in respect of the global economy (Blecker, 2001, p 1-3). Economic analysis today has been reduced to forecasting. Forecasting has now become the staple work of professional economists. It is impracticable to forecast econometrically in relation to a situation wherein new institutions will function, on the basis of factors forecasted under old institutions. The economic and political outcomes of new institutions need to be assessed as institutions, and not just as variables (Toporowski, 2003, p4-8). This essay critiques the inadequacies of economists view of a perfect capital market. The study also assesses the same being a constraint for hypothesising contemporary global capital markets. Analysis Background There is a distinct relationship between political economy and finance. Arguably, in an era of finance, political economy is liable to be marginalised due to the evident financial sector dynamism that guides economic development during such an era (Toporowski, 2003, p1). Political economy here is used in the conventional sense of the debate of the function of the state in the economy as well as the economic institutions, as also their impact on the key functions of production and distribution (Toporowski, 2003, p1). The above opinion can be demonstrated considering that the classical political economy, (contending in favour of a laissez-faire state), was pushed to the limits of serious economic discussion during the latter half of the nineteenth century. This is because the increased international finance in the gold standard generated a sense of laissez-faire dynamism (Toporowski, 2003, p1). The collapse of that financial boom culminated in the restoration of political economy of the Keynesian revolution. The financial inflation of the concluding decades of the twentieth century subsequently marginalised political economy again. Consequently, economists are looking forward to the restoration of political economy being ushered in primarily due to the deflation of financial systems throughout the advanced capitalist economies (Toporowski, 2003, p1). The latter part of the twentieth century was acknowledged as witnessing the rise of finance. This broke the fragile Keynesian consensus for active state intercession to steady capitalist market economies. So long as the consensus was maintained, political economy was upheld by the apparent debate regarding the limits of state intervention (Toporowski, 2003, p4-8). From the 1970s onwards, the financial markets saw the revival of activity. This activity along with the ensuing inflation of those markets resulted in the scope for political economy being reduced. Complacent certainties relating to the first neo-classical upheaval returned. The economy functions naturally in equilibrium. It is agitated only by imprudent monetary policies or wage rigidities. Also, keen re-financing is equal to comprehensive economic enterprise. This enterprise then, on the back of vigorous financial markets, requires no state support or overt social direction (Toporowski, 2003, p4-8). This becomes obviously true since financial markets are so vigorous. The monetarist counter-revolution, on attaining consensus during the 1980s, ousted political economy. The new political economy during that time was founded by writers like James Buchanan. It offered a natural political economy of social and individual choice, from which the real economic and state institutions were detached, or reduced to merely choice-making mechanisms (Toporowski, 2003, p4-8). Yet, political economy retained its vitality in newly industrialised and developing countries, where the economic volatility accompanying financial inflation has been most obvious. In fact, the re-emergence of such economic volatility within the more financially advanced economies is now laying the foundations for revitalisation of the political economy (Toporowski, 2003, p4-8). Toporowski (2000, p1) in his book The End of Finance, propounds the theory of an era of finance as a period of history in which finance prospers with such brilliance that it takes over from the industrial entrepreneur the leading role in capitalist development. In such an era, Finance becomes the most important political constituency, and is held to be a proper guide to the conduct of business, social and economic policy, and even our personal lives (Toporowski 2003, p4-8). Moreover, financial volatility causes the finanzangst that troubles the ever-increasing population influenced by advancements in the financial markets. That then turns, as argued by Toporowski (2002), into a cause for the concern of the economics profession with predicting economic variables (Toporowski 2003, p4-8). Historical perspective of Global Capital Markets The significance that Bryer (2000a, 2000b, 2004) attaches to Marxs idea of total social capital has deep implications. Many such implications are yet to be explored. Bryer (1994, 1999, 2004) contends that Marx regarded capital as a social disciplining power working on workers, capitalists and managers. Scholars of contemporary business and society employ the term globalisation for a wide description of business trends (Owen, 2005). Bryers work, argues Owen (2005), lays the groundwork for inferring Marxs idea of capital as an expectation of global capital markets. Building on this argument a little further, it may be argued that the schemes of contemporary capital markets can be comprehended as the recognition of Marxs vision. Evidence of this can be found in the close association among stock markets worldwide as also among exchange rates and interest rates within different countries. This implies that capital can be considered to be a solitary fund of money which is indistinguishable by industry or country or legal form search for a return on capital (Owen, 2005). The true test lies in the degree to which global capital markets have realised the potential that Marx predicted. If Marx is understood as expecting global capital markets the real test is the degree to which contemporary capital markets demonstrate the disposition of total social capital (Owen, 2005). Good economic theory A well-defined and enduring economic policy has characteristics that: (1) are based on concepts which are operational and well defined (2) explain behaviour in a lucid manner (3) are general and simple (4) are valuable for scholars and managers (5) are logically coherent and also (6) fit the facts (Owen, 2010). Economic theory is also commonly criticised. The universal criticism is largely directed on the basis that it is based on intangible concepts that can not be operationalised (i.e. where values cannot be ascribed), that it is contradicted by facts, that it has no relevance to contemporary business and also that it lacks internal coherence (Owen, 2010). There have been economists who have propounded numerous theories for example Simons (1959) theory that bounded rationality satisficing rather than maximizing, Watts and Zimmerman (1978) theory that highlighted managerial self interest as a component of the principal agent relationship and Bryers theory of political economy of accounting (Owen, 2010). Yet, all these theories have, over time, also been over-shadowed by the perfect market approach which also suffers from weaknesses (Owen, 2010). Perfect capital markets A perfect market can be defined as one that bears one price that balances demand and supply, and where buyers and sellers are satisfied with such a price. It is a market where one price rules over the whole market and there are no special deals or offers (Owen, 2009a). Further, a perfect capital market, according to the oft quoted definition, is a market without any arbitrage opportunities. The main characteristics of a perfect capital market would comprise of: one price that clears the market, one interest rate, one rate of return on capital, and also a single price for risk (Owen, 2009a). However, the apparent weaknesses in the economists perfect market model emanate primarily from too much importance being given to individual decision-making and the associated assumptions being unrealistic (Owen, 2009a). The weaknesses in the stakeholder approach, on the other hand, stem from too much importance lent to firm level thinking, the need for stakeholders to be prioritised, underestimating the usefulness of accounting and the separation of finance from accounting. These weaknesses in both the approaches highlight the need for developing another diametrically opposite approach to understand the contemporary markets (Owen, 2009a). Contemporary Markets International economists braved the contemporary world of financial and capital market globalisation along with continually floating exchange rates. They organised this with analytical tools and apparatus that was inherited from the past which rendered them incapable to predict what that contemporary world evolve into (Blecker, 2001, p 1-3). This contemporary era is mainly characterised by severe volatility of exchange rates, unrelenting breaches of purchasing power parity, persistent trade imbalances, recurring financial crises, and todays globally interrelated business cycles for instance the recent global downturn of 2000-01. These characteristics were not really what the advocates of the new order had promised or expected (Blecker, 2001, p 1-3). Primarily, mainstream global economists have endorsed the liberalisation of commodity trade as well as capital markets. They have also promoted the move towards flexible exchange rates. However, there have been a few noteworthy conventional dissenters regarding the last point that support permanently set nominal exchange rate parities (Blecker, 2001, p 1-3). Limitations of economists views Since the 1970s global economists have been busy developing novel theoretical and econometric models to attempt to understand the new realities of international finance. Such models are exemplified right from Dornbuschs (1976) pioneering exchange rate overshooting model through to the latest work regarding self-fulfilling speculative attacks, panics and bubbles Through their pioneering effort, international economists have endeavoured to elucidate the exchange rates volatility which was not forecasted by the earlier generations of models (Blecker, 2001, p 1-3). Frequent econometric tests have found certain original stylised facts regarding the global financial system. These facts comprise fairly forceful findings. One finding is regarding the covered interest parity that holds amongst nations permitting liberalised capital flows, whereas uncovered interest parity as well as real interest parity do not hold. Another finding establishes that relative purchasing power parity (PPP) is usually broken at least in the medium and short term, and perhaps also in the long term. A further finding corroborates that no exchange-rates model which is fundamentals-based can forecast their short-term movements time after time better than the supposition of a random walk. Also, current account imbalances have only enlarged and more unrelentingly since the 1980s (Blecker, 2001, p 1-3). Nevertheless, despite these real intellectual advances, the fundamental investigative framework of nearly all international economists stays mired in past intellectual habits. The core theoretical models relating to international economics are still based on suppositions that refute the current realities of global financial markets (Blecker, 2001, p 1-3). Previous ideas for example PPP, the law of comparative advantage, mechanical balance of 3-payments adjustment and also expected exchange rates continue as benchmarks for research. They also dictate both policy advice and pedagogy. As in numerous other spheres of economics, developments at the knowledge frontiers have not percolated back to transform the fundamental models that nearly all economists deploy to manage their thoughts regarding the global economy (Blecker, 2001, p 1-3). Europes Dilemna After years of economic austerity and stringent monetary policies, economies across Europe have definitely reached a turning point in their economic development regarding downsizing of the public sector, sluggish growth of per capita incomes, mounting unemployment, job insecurity along with the surfacing of disadvantaged economic subcultures in many such economies (McNutt, 1996). There is an acknowledged requirement to make heavy investments in a wide range of social sector programmes. This is needed to exploit the cluster economies entrenched in many economies. Economic theory does offer a few guidelines on the modus-operandi of the distribution of the proposed expenditure (McNutt, 1996). Endowment theories recommend that the expenditure be apportioned to the more prolific regions. Further, altruism theories advise that the expenditure be apportioned to the more underprivileged regions, whereas rent-seeking theories direct the flow of expenditures to groups that generate the maximum private benefit. On the other hand, unemployment subsists in European countries possibly because of the linkage of real wages to the cost of living. In such a case, trade liberalisation may offer a considerable stimulus to output and employment through lowering of living costs as also the reduced costs to the transnational corporation of employing labour (McNutt, 1996). Challenges for economists theorising of global capital markets The recent financial crisis compelled both economic policymakers and economists to reassess various basic issues. These issues present numerous challenges, of which the major three are as discussed below. The first challenge is to properly understand the root causes that led to the financial crisis and how to avert their recurrence. The next challenge is to fix the damage caused to the public finances by the crisis. The third challenge concerns the necessity to draw the correct conclusions to enable economic analysis (Liikanen, 2010, p3-5). Accordingly, the primary challenge is to avert similar future crises. The financial crisis enlightened policymakers with many things. Possibly the most important were the holes in the knowledge base relating to systemic risks. The theory of systemic risk is not unknown as such, although the crisis exposed several fresh dimensions of systemic risk. Prior to the crisis, it was not comprehended how complex the links are amongst the global financial markets. It was also not known that a sufficiently extensive disruption could freeze the markets. Although the global financial markets did not give way in October-November 2008, yet it was so close that a similar risk could not be accepted any longer (Liikanen, 2010, p3-5). A fundamental dilemma in the present debate is the inability of economics to offer lucid guidance as to the kinds of instruments that could be deployed to execute this kind of stability policy. The conventional toolkit of monetary policy viz. money supply analysis and interest rate policy is well-established at the centre of the economics discipline. Yet, the integration of financial intermediation and financial markets with the consequent macroeconomic analysis is even today in its infancy. The appropriate approaches are yet to be established and this provides a distinct challenge for the economics discipline in the future years (Liikanen, 2010, p3-5). The second main economic policy challenge lies in the restoration of the crisis damages to public finances. Subsequent to the financial crisis and the consequential economic crisis, public finances have by and large deteriorated along with increased unemployment, which in some countries has risen quite sharply. The deterioration of general government finances partially reveals the results of various stimulus measures, financial system support and automatic stabilizers. Perhaps even more revealing is the fact that the fall in GDP levels has resulted in clear erosion in the public revenue base. The revenue base is estimated to stay smaller than earlier predicted for many countries. The reason for the smaller revenue base is the estimated reduction of their output potential due to the crisis (Liikanen, 2010, p3-5). The third challenge concerns fundamental issues in economics. Paul Krugman, the acknowledged economist, queried last year appropriately in his already admired column: How did economists get it so wrong? Krugmans fundamental argument lay in the economics profession having gone astray. The fascination for analytical elegance and mathematical acrobatics had locked economics into an ivory tower of frictionless markets and rational economic agents while marginalising attempts to understand the economy as it actually is(Liikanen, 2010, p3-5). Globalisation, Technological Revolution, and the Restructuring of Capitalism Globalisation encompasses both capitalist markets as well as sets of social relations. It also involves flows of capital, commodities, technology, forms of culture, ideas and people across geographical national boundaries through a global networked society. The metamorphosis of both capital and technology functioning together now continues to construct a new interrelated and globalised world (Kellner, 2009, p2-3). A technological revolution concerning the formation of a computerised network of transportation, communication and exchange is the premise of a globalized economy. This co-exists with the expansion of a global capitalist market system which is attracting ever more areas of the world along with different spheres of production, consumption and exchange into its orbit. The technological revolution presumes global computerised networks along with the open movement of information, goods, people and services across national boundaries (Kellner, 2009, p2-3). From this viewpoint, globalisation cannot be comprehended without appreciating the technological and scientific revolutions as also the global capital restructuring which form the matrix and motor of globalisation. Many globalisation theorists, nonetheless, fail on either of the following two counts. They either fail to detect the basic importance of technological and scientific revolution along with the novel technologies that help initiate globalization; else they infer the process via a technological determinist structure that blocks the economic aspects of the institutions and imperatives of capitalism (Kellner, 2009, p2-3). Such biased economists fail to appreciate the co-evolution of capitalism, science and technology. They also fail to appreciate the highly ambiguous and complex system of globalisation that unites capitalism with democracy as well as technological mutations with a further turbulent mix of costs, losses, gains and benefits (Kellner, 2009, p2-3). In this context, economists can be considered to be singularly unqualified to assess the theorising of modern global capital markets based on the above paradigm and evolutionary shifts in the deployment of economic resources. Conclusions It is evident from the foregoing discussion that the vigorous current debate on the global capital markets and its attendant crises cycles has again provoked a reassessment of the prevalent economic theories and their weaknesses. The global capital markets have transformed radically during the twentieth century, especially in the last four decades. To address this transformation, economists have propounded various theories, largely unsuccessfully, to rationalise and explain the tectonic changes. It is evident that contemporary developments concerning capital, technology, knowledge, science and other economic resources deployment have not percolated back to improve the weak economic models that are used to fashion a large part of contemporary economic thinking. Economic analysis has now been reduced to forecasting. It is apparent that the economic profession has failed in its primary function of assessing and managing the integrated and globalised capital market economies, primarily due to inherent limitations in its economic theories. To understand todays integrated and seamless global capital markets, economists need to take a holistic global view on the evolution across all economic, political, scientific and technological advancements worldwide. Economic theories will need to address all the relevant challenges to avert future capital market crises. This analysis has particularly exposed that it is impossible to foretell econometrically regarding circumstances wherein current institutions will operate, based on reasons that are predicted under old institutions. Therefore, economists ideas of perfect capital markets are unable to aid the theorising of contemporary global capital markets. References Blecker, R.A., 2001. Financial globalization, exchange rates and international trade, Paper prepared for the conference on Financialization of the Global Economy, Political Economy Research Institute (PERI), University of Massachusetts, Available at: http://www.peri.umass.edu/fileadmin/pdf/financial/fin_Blecker.pdf (accessed November 16, 2010). Bryer, R.A., 1994. Why Marxs Labour Theory is Superior to the Marginalist Theory of Value: The Case From Modern Financial Reporting, Critical Perspectives on Accounting, 5(4), 313-340. Bryer, R.A., 1999. A Marxist Critique of the FASBs Conceptual Framework, Critical Perspectives on Accounting, 10(5), 551-589. Bryer, R.A., 2000a. The History of Accounting and the Transition to Capitalism in England- Part One: Theory, Accounting Organizations and Society, 25(2), 131- 162. Bryer, R.A., 2000b. The History of Accounting and the Transition to Capitalism England Part Two: The Evidence, Accounting Organizations and Society, 25(4/5), 327-381. Bryer, R.A., 2004. The roots of modern capitalism: a Marxist accounting history of the origins and consequences of capitalist Landlords in England, The Accounting HistoriansJournal (Vol.31, No.1, June 2004), pp.1-56. Kellner, D., 2009. Theorizing Globalization, Available at: http://gseis.ucla.edu/faculty/kellner/essays/theorizingglobalization.pdf (accessed November 17, 2010). Liikanen, E., 2010. Economic policy and economic theory facing challenges after the financial crisis, Speech by Mr Erkki Liikanen, Governor of the Bank of Finland, at the Finnish Economic Association annual meeting, Tampere University, Tampere, 5 February 2010, BIS Review 23/2010. McNutt, P.,1996. The essence of global political economy, European Business Review Volume 96 Number 5 1996, pp. 4-12. Owen, A.S., 2005. Literature review on political economy of accounting. Owen, A. S., 2009. Bryers investor capitalism approach. Ppt presentation of Bryers (1993) The Late Nineteenth-Century Revolution in Financial Reporting: Accounting for the Rise of Investor or Managerial Capitalism? Published in Accounting, Organizations and Society Vol.18 No.78 p.649-690. Owen, A.S.2009a. The law of one price in finance. Owen, A.S., 2010. Classical mode of theorising: methodology for business, management finance. Toporowski, J., 2000. The End of Finance: The Theory of Capital Market Inflation, Financial Derivavtives and Pension Fund Capitalism, London: Routledge. Toporowski, J., 2002. Mathematics as Natural Law: An Epistemological Critique of Formalism in Economics, in S.C. Dow, M. Desai and P. Arestis (eds.) Methodology, Macroeconomics and Keynes, Essays in Honour of Victoria Chick Volume Two London: Routledge. Toporowski, J., 2003. Finance and Political Economy, Paper presented at the Economics for the Future Conference, Cambridge 17-19 September 2003.

My Hospice Volunteer Experience Essay -- Contribution to My Community S

My first encounter with hospice was on the receiving end and I remember asking the hospice nurse that first day, â€Å"How can you do this every day?† I will never forget her answer, â€Å"Hospice is not about dying, it’s about affirming life, helping people live their last days to the fullest.† During the next several months, I began to understand how true her words were. Today, as a volunteer, those words echo in my mind each time I’m about to meet a new patient. I was so excited to get my first assignment; I had taken all the volunteer classes, listened to countless stories from other volunteers. I was trained and eager †¦until I received my assignment. Anna was a 92 years old lady with colon cancer given only a few days to live. Anna was bedridden and mute. Mute†¦none of the stories I had heard ever mentioned their patients being mute. A thousand questions came to mind along with a mild panic attack. How would I ever know what she needed? Would I know the right words? How would I give her support and companionship if she couldn’t tell me what she needed? Would I be enough? I was a nervous wreck! Getting ready to walk into Anna’s hospice room, my anxiety level was escalating. Saying a quick prayer, I asked God to help me find the right words to comfort Anna and her family. Upon knocking on her door, a young lady in her middle 20’s answered the door. Opening the door for me, she informed me Anna was her grandmother and she would like me just to sit with her and that she would return after work. And she left. No get to know you introduction here, very formal, matter of fact, serious kind of girl. No one was going to invade her space. Oh well, I thought, I’m here to help Anna, hopefully Julie will open up later. Turning my attenti... ...slightly. The disease seemed to loosen its grip on her body with each stroke. I was rejoicing when Anna’s head finally rested on her pillow, something that hadn’t happened since I had gotten there. By the time Julie returned her grandmother was ever so lightly snoring. The look of gratification and appreciation of Julie’s previously stern face melted my heart and again my eyes welled with tears. The fence Julie had built around her heart slowly disintegrated as she observed the bond I had developed with her â€Å"mom†. With a quivering voice, Julie revealed the stress and emotional turmoil of watching this devastating disease imprison the only mother she had ever known. Volunteering for hospice has been one of the most gratifying things I have done. Every patient is different and sometimes you’re just there to support the family, but every family is so appreciative.

Auto Mobile vs Amusement Park Safety Essay

Automobile’s today are built with many different safety features, and these are so the person(s) within the vehicle do not get injured and or killed. Also these features are not to only protect the people(s) but also the company that the automobile came from, so for example if someone was driving a car and got into a serious wreck and the air bags did not deploy therefore injuring the victim then they could sue the automobile company for money, a new car, pain and suffering, etc. Some of these safety features include Brakes, Airbags, seat belts, and more. When talking about brakes in a car you’re going to want to know what it is your getting because there are many different options in brakes, some examples of this being your regular brakes like you push down the peddle softly and the car with start to slow down or Anti-Lock Brakes or ABS, The primary purpose of anti-lock brakes is to prevent a car’s wheels from locking during panic braking. By allowing the car to slow in a more controlled manner, the driver can often maintain better steering control and avoid an accident. Brakes can easily be interpreted by Newton’s first law of motion which states that every object will remain at rest or in uniform motion in a straight line unless compelled to change its state by the action of an external force. So a car is moving along the road and the car steps of the gas now the car will eventually stop from the friction of the pavement to the tires but let’s say it doesn’t. So while the car is moving at the speed you let off the gas the car will keep moving at the same speed unless acted on by an opposing force which in this case are the brakes. Know the brakes are applied and what brakes do is they but force of the tiers of the car and that produces friction on the tiers which in term slow the tires down thus slowing the car down. Airbags in a car are extreme safety features because they keep a person(s) from potentially coming out of the front window; seat belts will also do the same but with a little more added protection. So say a car were to hit you from behind what would happen? Well besides your car being wrecked. The body(s) would start moving forward. This is because of part of Newton’s first law of motion which states a body at rest tends to stay at rest unless acted upon by another force. So your car is sitting at a stop light but the car behind you does not stop so they run into the back of you well your body will fly forward. Because you were at rest and then a force came and pushed you out of rest therefore moving you in the same direction as the car that hit you. So the air bag and seat belt are there to stop you from flying forward and getting severely injured. Amusement park rides and cars have some of the same safety features and even if there not called the same thing they do the same thing for example a seat belt in a car is the same as the harness on a roller coaster. In my opinion I find roller coasters safer then cars because there are equipped with the same features but there are few outside forces to mess with it unlike a car. Because unless due to a technical problem a roller coaster cart will not smash into another roller coaster cart. Amusement park rides also have brakes most of these are more heavy duty breaks then car but then again your taking a one ton car vs. a potentially one hundred ton ride so you’re going to need that extra power to help. Some would argue that to many safety features on an amusement park ride can take the thrill away, I would have to disagree with that because I myself have been on many and I feel thrill every single time. But in a ride if there are many safety features then usual then that will typically mean that the ride is potentially more dangerous than a lesser safety featured ride and this can be because of high speeds, higher altitudes and so on. So if you come to a ride with many safety features it’s not because they want to take away the thrill but because they want to make you safe and once again like automobile company’s not get sued.

Overview of Hawk Bells

Overview of Hawk Bells A hawk bell (also called hawking or hawks bell) is a small round object made of sheet brass or copper, originally used as part of falconry equipment in medieval Europe. Hawk bells were also brought to the American continents by early European explorers and colonizers in the 16th, 17th and 18th centuries as potential trade goods. When they are found in Mississippian contexts in the southern United States, hawk bells are considered evidence for direct or indirect Mississippian contact with early European expeditions such as those by Hernando de Soto, Pnfilo de Navez, or others. Bells and Medieval Falconry The original use of hawk bells was, of course, in falconry. Hawking, the use of trained raptors to capture wild game, is an elite sport that was established throughout Europe no later than AD 500. The primary raptor used in hawking was peregrine and gyrfalcon, but they were only owned by the highest ranked individuals. The lower nobility and wealthier commoners practiced falconry with the goshawk and sparrow hawk. Hawking bells were part of the equipment of the medieval falconer, and they were attached in pairs to one of the birds legs by a short leather leash, called a bewit. Other hawking paraphernalia included leather leads called jesses, lures, hoods and gloves. The bells are necessarily made of light material, weighing no more than seven grams (1/4 ounce). Hawk bells found on archaeological sites are larger, although no more than 3.2 centimeters (1.3 inches) in diameter. Historical Evidence Spanish historical records dated to the 16th century describe the use of hawking bells (in Spanish: cascabeles grandes de bronce or large brass hawking bells) as trade items, along with iron knives and scissors, mirrors, and glass beads as well as clothing, maize and cassava. Although bells are not specifically mentioned in the de Soto chronicles, they were distributed as trade goods by several different Spanish explorers, including Pnfilo de Navez, who gave bells to Dulchanchellin, a Mississippian chief in Florida, in 1528; and Pedro Menà ©ndez de Aviles, who in 1566 presented Calusa headmen with bells among other objects. Because of this, in the southern half of what is today the United States, hawk bells are often cited as evidence of the Pnfilo de Navez and Hernando de Soto expeditions of the mid-16th century. Types of Bells Two types of hawk bells have been identified within the American continents: the Clarksdale bell (generally dated to the 16th century) and the Flushloop bell (generally dated to the 17th-19th centuries), both named by American archaeologists, rather than the original manufacturer. The Clarksdale bell (named after the Clarksdale Mound in Mississippi where the type bell was found) is made up of two undecorated copper or brass hemispheres crimped together and secured by a square flange around the midsection. At the base of the bell are two holes connected by a narrow slit. The wide loop (often 5 cm [~2 in] or better) at the top is secured by pushing the ends through a hole in the upper hemisphere and soldering the separate ends to the interior of the bell. The Flushloop bell has a thin strip of brass for an attachment loop, which was secured by pushing the ends of the of the loop through a hole in the bell and separating them. The two hemispheres were soldered rather than crimped together, leaving little or no surficial flange. Many specimens of the Flushloop bell have two decorative grooves encircling each hemisphere. Dating the Hawk Bell In general, Clarksdale type bells are the rarer form  and tend to be discovered in earlier contexts. Most date to the 16th century, although there are exceptions. Flushloop bells are generally dated in the 17th century or later, with the majority dated 18th and 19th century. Ian Brown has argued that Flushloop bells are of English and French manufacture, while the Spanish are the source of the Clarksdale. Clarksdale bells have been found in many historic Mississippian sites throughout the southern United States, such as Seven Springs (Alabama), Little Egypt and Poarch Farm (Georgia), Dunns Creek (Florida), Clarksdale (Mississippi), Toqua (Tennessee); as well as at Nueva Cadiz in Venezuela.   Sources Boyd CC, Jr., and Schroedl GF. 1987. In Search of Coosa. American Antiquity 52(4):840-844. Brown IW. 1979. Bells. In: Brain JP, editor. Tunica Treasure. Cambridge: Peabody Museum of Archaeology and Ethnology, Harvard Univesity. p 197-205. Mitchem JM, and McEwan BG. 1988. New data on early bells from Florida. Southeastern Archaeology 7(1):39-49. Prummel W. 1997. Evidence of hawking (falconry) from bird and mammal bones. International Journal of Osteoarchaeology 7(4):333-338. Sears WH. 1955. Creek and Cherokee Culture in the 18th Century. American Antiquity 21(2):143-149. Thibodeau AM, Chesley JT, and Ruiz J. 2012. Lead isotope analysis as a new method for identifying material culture belonging to the Vzquez de Coronado expedition. Journal of Archaeological Science 39(1):58-66.

Bill Gates Essays - Nerd Culture, Altair, Bill Gates, Traf-O-Data

Bill Gates Essays - Nerd Culture, Altair, Bill Gates, Traf-O-Data Bill Gates Introduction "Bill Gates and his empire command fear, respect and curiosity in the world he helped create. Microsoft dominates the software world like no other company in a major consumer industry" (Electric 1). Exactly how did Bill Gates and his partner Paul Allen get their company to such a tremendous height? The history of Microsoft is a very fascinating past full of enterprise and excitement. The Dawning of a great company Bill Gates and Paul Allen are the co-founders of Microsoft. The start of their great success started in high school on a computer terminal. All their free time and money was spent working on that terminal. The development that really inaugurated everything, in the business sense was when they found an article in 1971, in a business magazine about Intel's 4004 chip (Billionaires 70). Soon they both talked about the chip and decided that the microprocessor can only get enhanced. Later in the year Intel came out with a newer chip called the 8008. Bill and Paul the n went out and bought their own 8008 for $360 (Billionaires 70). They thought plan in which Gates and Allen would use this chip to make a computer to do traffic - volume - count analysis. Gates and Allen then set up their first "company" called Traf-O-Data (Billionaires 70). "In 1973 the duo landed their first authentic jobs, helping TRW in Vancouver, Washington, to use minicomputers for the management and distribution of power from hydroelectric dams" (Billionaires 70). Gates' parents wanted him to go to Harvard instead of going into business with Allen. Inevitably, Gates convinced his friend to move to Boston so they could work together, and Allen could get a job programming. It was a magazine article that would ultimately change their lives. A cover story in Popular Electronics describing the MITS Altair 8800. "World's First Minicomputer Kit to Rival Commercial Models" (Billionaires 71). When Bill and Paul designed the Traf-O-Data machine they wrote a version of BASIC that they m ight be able to adapt to the Altair. By April Gates and Allen had finished the language and convinced MITS to sell it (Billionaires 71). Allen was offered a job by MITS and both of them went to work in a small office for MITS. "Soon after, Microsoft was born" (Billionaires 71). The Birth of Microsoft In the beginning the management skills of Paul Allen and Bill Gates was somewhat loose. Both men took part every single decision that had to be made (Billionaires 71). They were both very cautious entrepreneurs. If there was any difference in their roles in the company, Allen was the one always pushing for new technology, and Gates was more interested in doing negotiations, contracts, and business deals (Billionaires 71). They acquired knowledge as their company slowly grew. Microsoft's basic business scheme was to charge a price so low that computer makers could not do it for less internally (Billionaires 72). Texas Instruments gave Microsoft one of their largest contracts where Texas Instruments bid $99,000 providing programming languages for a home computer TI was going to produce. Allen and Gates picked that price because they did not want to go into six figures (Billionaires 72). They later found out that TI would have paid much more. When Microsoft started selling to Japanese companies they were so overpromised that it was ridiculous Sometimes the business would get a little frightening. In their very first talk to MITS they set it up so the MITS would sell BASIC to their customers. MITS decided later not to sell it because there were so many pirated copies of BASIC floating around that they did not see why they should charge their customers for it. This seemed to Microsoft that MITS was prompted piracy. Gates and Allen eventually went into arbitration to determine if MITS was complying with the contract (Billionaires 72). While they were in arbitration, they were running out of money because MITS was withholding their payments trying to starve Microsoft to death. The arbitrator took nine months to come to a decision. When it was all over MITS was "ripped apart" (Billionaires 72). That case really scared Allen and Gates. They were worried that they were going

Inland Barge Operation In Europe and China Research Paper

Inland Barge Operation In Europe and China - Research Paper Example In Europe and China, there have been significant advancements in the three forms of transportation. Rail transport has evolved over time and technological advancements have made the system more efficient and economical (Rodrigue, 2010). Most countries in these regions have developed an extensive railway network that traverses the area. Thus, rail transport is widely used for passenger and cargo transportation throughout the two regions as well us to regions. On the other hand, road transport is also widely used in the European and Chinese regions. The road network in Europe is extensive and covers virtually all the corners of the region. According to (Vrenken et al, 2005), the road network in Europe has the best roads globally with tarmacked roads covering over seventy percent of the region. Suffice to say, there are numerous road transport companies that own trucks used for delivery of cargo. The road transport system has been widely adopted in China due to its affordability and eff iciency. Long haul trucks are used to deliver cargo from all the areas in China. The truck transport system is efficiently due to precise coordination between the track companies and the warehouses where the cargo is taken from or delivered to. However, the road and rail cargo transportation systems have various weaknesses. ... Also, the two modes of transport are costly due to the high cost of fuel. Inland barge transportation is a viable alternative for the transportation of cargo. The use of boats and other water transport vessels for the transportation of cargo within the region can help to sustain the development in these regions and add other benefits. This paper argues that inland barge transportation is a more efficient mode of cargo transportation compared to road and rail transportation. This research therefore seeks to determine the use of inland barges in transportation in the two regions and the level of contribution of this type of transportation in each of the regions. In doing this, the research examines the advantages and the disadvantages of the transport systems and the extent to which it has contributed to the attainment of the modern state of the economy in the regions. The inland barge transport system will be evaluated in both regions and the contribution that it has made to the devel opment of the regions. The potential benefits of the inland barge transportation system will be analyzed. Furthermore, the discourse compares the transport mechanism in the two regions and further compares the level of development and the growth rate of the regions. In doing this, the research establishes the contribution of transportation to the process of development and determines the most cost effective means of transportation for the two regions and the whole world by extrapolation. Cargo transportation The transport sector forms a critical component of any region. In fact, an efficient transport network is often a pointer towards the level of development that is possible in a region. Industrial advancements require

Change Reseach Project part 2 Research Paper Example | Topics and Well Written Essays - 3000 words

Change Reseach Project part 2 - Research Paper Example Significant changes will take place in this industry, since its rational property rights are being brought on course in line with those of the key economies in the world. The change from near-perfect contest with homogenous and cost controlled drugs to a market with patent controlled products is an effective domination in several sub-markets, will bring forth an extreme shift in the form of contest. This paper uses the Janssen Pharmaceuticals Inc. to issue a clear depiction an approach to strategic innovation management, on which to develop capabilities and from which to control change, which can form a guide for companies arranging for this change. The Management of Change in the Pharmaceutical Industry – Janssen Pharmaceutical Inc.; Part II Chapter 1 Introduction Acquisitions, mergers, globalization, outsourcing and fresh technology are the major terms used to describe pharmaceutical changes. This clearly implies that the pharmaceutical manufacturing industry is experiencing extreme change. The present environment is one of joining and rising cultures as firms merge workforces and globalize processes in order to have a strong competitive advantage and compete in the global market field. Approximately 70 percent of the corporate change plans fail, writes Bill Wilder, director of the Life Cycle Institution (Greene and Podolsky 2009). This is definitely, because pharmaceutical manufacturing industry concentrates too much on products and processes, but forgets to focus on people. There is no doubt that people usually do not oppose change. They only thing they do, they oppose being changed when they do not know why. This is why there is a lot that must be comprehended and done in order to enforce change and succeed. There are a number of strategies that must be employed in order to embrace change (Lewi 2007). One of the main one is merging of firms, which has to be done through integrating both their products and their cultures. At the same time, there must be lessening of cost and maintaining control over their quality systems and authoritarian conformity. Besides, the initiation of new technologies, which little and sometimes, effective firms must also control within their quality schemes across a range of service providers and partners (Liberti, McAuslane and Walker 2011). With all these changes, the criticality of an effective change-management scheme that can track and make sure appropriate assessment and implementation of changes is done. Envision a change-management scheme as graph simplicity of accomplishment on the X-axis and the complexity on the change Y-axis, it becomes simple to visualize why certain modifications may take years to implement as seen on the figure below (figure 1). As a modification becomes more complicated –like modifications, that entails numerous products and country registrations), it becomes difficult to bring to pass (Marcia 2004). Complicated changes are hard enough for an individual firm wit h several sites, but they are even more overstated for practical firms. For the latter, multiple bond service providers