On the 15th of September 2008 Lehman Brothers, one of the world’s largest investment banks, filed for bankruptcy. The main driver of which being deregulation. The ever-increasing returns obtainable from financial derivatives led executives, fueled by greed and a perverse incentive structure, to create an intricate securitization castle built on the sub-prime mortgage market. When the rate of return on financial investment is constantly higher than the rate of economic growth, then compound investments become more attractive than venture investments. The result being capital accumulation; the rich get richer, while the poor get poorer. As analyzed by Thomas Piketty in his book Capital in the 21st Century, the last hundred years have witnessed
…show more content…
In the past youth was associated, as it possibly still is, to strength, and consequently productive efficiency, while old age was associated with experience and knowledge. The oldest member of the family has the respect, and influence over the younger members. His experience is what is most valuable to the family unit. This notion was especially true at the time of publishing, in 1812, of the Grimms’ Rotkäppchen. From an initial analysis of the main theme of the story one can certainly extrapolate the importance it is given to showing the right way children should respect their elders. Specifically, in the story, Little Red Riding Hood is told to bring her hill grandmother cake and wine. Little Red Riding Hood’s mother takes time to explain to the child to be polite, and welcoming to her …show more content…
Little Red Riding Hood’s mother, the child’s ‘direct supervisor’, exercises authority upon the youngest member, as that is the hierarchy of the family. This instance is a clear example of the way the ideology of a society is transmitted in its literature without the author forcefully being aware of the message the text is carrying.
Gender role differences, set in the 19th century, are evident from the study of the story. The male figure plays an important role, characterized as to be superior than the female counterpart. The very first line of the Grimms’ text describes Little Red Riding Hood to be sweet and delicate, “Once upon a time there was a sweet little girl”, in the very same way society at the time pictured females. The wolf, male, is instead described to be a dominant character, as he can easily overcome the grandmother, and take her place while waiting for Little Red Riding Hood,
“The wolf pressed the latch, and the door opened. He stepped inside, went straight to the grandmother's bed, and ate her up. Then he took her clothes, put them on, and put her cap on his head. He got into her bed and pulled the curtains shut.” (Jacob and Wilhelm
In the past youth was associated, as it possibly still is, to strength, and consequently productive efficiency, while old age was associated with experience and knowledge. The oldest member of the family has the respect, and influence over the younger members. His experience is what is most valuable to the family unit. This notion was especially true at the time of publishing, in 1812, of the Grimms’ Rotkäppchen. From an initial analysis of the main theme of the story one can certainly extrapolate the importance it is given to showing the right way children should respect their elders. Specifically, in the story, Little Red Riding Hood is told to bring her hill grandmother cake and wine. Little Red Riding Hood’s mother takes time to explain to the child to be polite, and welcoming to her …show more content…
Little Red Riding Hood’s mother, the child’s ‘direct supervisor’, exercises authority upon the youngest member, as that is the hierarchy of the family. This instance is a clear example of the way the ideology of a society is transmitted in its literature without the author forcefully being aware of the message the text is carrying.
Gender role differences, set in the 19th century, are evident from the study of the story. The male figure plays an important role, characterized as to be superior than the female counterpart. The very first line of the Grimms’ text describes Little Red Riding Hood to be sweet and delicate, “Once upon a time there was a sweet little girl”, in the very same way society at the time pictured females. The wolf, male, is instead described to be a dominant character, as he can easily overcome the grandmother, and take her place while waiting for Little Red Riding Hood,
“The wolf pressed the latch, and the door opened. He stepped inside, went straight to the grandmother's bed, and ate her up. Then he took her clothes, put them on, and put her cap on his head. He got into her bed and pulled the curtains shut.” (Jacob and Wilhelm