Summary of structure and content within Kathryn Woodward’s ‘Identity and Difference’ introduction 1997. Kathryn Woodward’s introduction to ‘Identity and difference’ is a running prose establishing the concept of Identity and difference within universal, regional and private levels. Equipping the reader with the necessary means to understand and contextualise the principal theory, when referenced in the text. The content of the introduction is largely a brief summation of the later chapters and…
specific method may vary, Durkheim (2012) proposed that fluctuations in the overall suicide rate in any society, or social group, are the result of changing social conditions. His analysis of suicide rates introduced the concept of anomie, or deregulation, to sociological discourse. Since then, the concept of anomie has undergone significant expansion, and it remains relevant to societies in an increasingly globalised world; however, during this expansion, some of Durkheim’s original…
Dehan and Deal (2001) stated that poverty in the United States is conceptualized as an urban minority problem. In general, poverty has countless factors; only some components of those factors are directly associated with a lack of physical capital, infrastructure, or other economic resources (Chakravarti, 2006). Today’s expansion of poverty is not the sum of unfortunate circumstances, but conditions that interact and reinforce in nature (World Bank, 2001). In 2001, the World Bank forecasted…
Q1: According to the textbook, a moral hazard is described as being “the problem created by asymmetric information after a transaction occurs” (Mishkin & Eakins, 2012, p. 26). As far as financial markets are concerned, a moral hazard exists when a lender understands the risk that a borrower might engage in activities that would hinder their ability to repay a loan. As the threat of a moral hazard increases, the likelihood that a borrower will repay a loan decreases (Mishkin & Eakins, 2012).…
investment and working capital needs of the agricultural sector. The financial sector reforms of 1991 had created a basic fear that this would lead to the dilution of the directed credit policy or priority sector lending by the commercial banks and the deregulation of interest rates which consequently reduced the flow of credit to agricultural sector along with higher interest rates on agricultural loan amounts. However, the recommendations of the Narasimhan Committee were not accepted.…
In Octavia Butler’s The Parable of the Sower the reader sees a society whose commons has been destroyed by large-scale forces such as an alternative-right wing President controlling an inadequate, neoliberal economy, a capitalist civilization which fails to maximize the ‘good’ of all citizens, and a national ideology that is built upon a rigid, outdated set of values. The large-scale failure of the commons coincides with the theory proposed by Hardin about what makes an unsuccessful or…
Urban Rejects: Why the Homeless Still Sleep on the Streets of Sacramento The existence of homeless people in our society is still apparent today. There are over 2,538 men, women, and children homeless in the Sacramento area, (Sacramento Steps Forward). Everywhere you glance around in our cities, parks, businesses, and streets it is more than likely that you will observe a homeless person grappling to live. Homelessness is not prejudice toward race, gender, or class. Commonly homeless people are…
The phrase ‘Washington Consensus’ was coined by John Williamson in reference to a set of policy tools that Washington based institutions, in particular, the IMF, World Bank and the US Treasury could agree upon as the appropriate policy solutions to the Latin American debt crisis. In sum, these policy tools prescribed economic stabilisation, liberalisation and privatisation for developing countries as the keys to development, (Rodrik, 2001). Those policies were deemed necessary to achieve growth…
Argentina, on the other hand, has a wide range of natural resources that the country benefits from. In 1976, the economy was affected by the depraved governance of a military dictatorship, which led to an increase in corruption and in anti-labor policies due to financial liberation increasing the country’s debt by reducing capital for investment. While Argentina is a rich country, since 1974 their economy has recorded steady economic growth meaning that there’s very little to no progress being…
In fiction, the digital world is portrayed through imagery and character. These are methods of communication that translate easily to audiences. In reality, however, discussions of the digital are described through metaphor and thought experiments. We seek to either concretize the digital through examining historical developments in technology or abstract the digital in philosophical debate. A third option, as proposed by Daniel Downes in Interactive Realism: The Poetics of Cyberspace, is to…