Reference class forecasting

We live in a society where stereotyping is the first thing common human beings tend to do and i sadly include myself in this area. According to Cal Newport, author and computer science profesor at Georgetown University. Generation Y ( todays generation), people ranging in their twenties and thirties are known as the pampered generation and the “why bother” generation. Who believe everything is base don following your “passion” or “dreams” and in the moment they go out there and look for a job,…

• New Opportunities from the Integration of Production and Distribution: The expansion of the railroad network linked the far-flung regions of the United States into a national market, making it possible for firms in industries characterized by economies of scale to lower their unit costs by concentrating production in large facilities. In such industries the average size of the production unit rose over time and the number of firms declined. At the same time, the level of geographic…

This article is about the issues surrounding the African women who face the problems with micro credits. Micro credit refers to credit (loans) in small amounts to people who do not ordinarily have access to credit. It is delivered to poor people through micro-finance institutions (MFIs), which include a wide variety of organisations such as credit unions, financial non-governmental organisations (NGOs), informal savings and loan groups. The imposition of micro credit leads to an increase in the…

As each of us hear the word slum or read anywhere, a picture comes to our mind which is usually dilapidated, dirty, congested having narrow lanes etc. Scholars have extensively defined the concept of slum. Let us look at a few of them. Charles J Stokes in his article “A theory of slums” (1962) writes that in a slum, the housing and also the social activities or arrangements develop differently from that of the city. From this definition it can be said that slums are a part of a city yet it is…

Nereida Lopez-Gollas History 17B Fall 2014 Tuesday September 30, 2014 Essay on Upton Sinclair’s The Jungle Have you ever wonder how our country was in the early twentieth century before, with its hierarchies and social rules? The novel The Jungle by Upton Sinclair, is based and expresses the factories and day to day details of the wage of laborers life and the attack of capitalism. The Jungle starts off with the marriage of Jurgis Rudkus and Ona Lukoszaite, who just arrived to Packingtown from…

hand, the Proletariat represents the working class and they…

4.3 Attainment of Headship, Power and Authority 4.3.1 Influence of Dress on self and others Dress, which falls under the dictates of fashion is a sort of language, which has been used as a communicative medium from time immemorial. It has been largely used as a signalling medium. As a type of intersection between the individual and the larger socio-cultural environment, it is implied that dress can be imparted as a type of social power. For dress to perform the role of a communicative medium…

Recently, we have seen a shift in literature from the socialization-approach to an institutional perspective when trying to explain the origins of social capital. There is an increasing recognition that the welfare state plays an important role in social capital creation. More precisely, it is argued that the capacity of citizens to establish social trust and their preparedness to engage in cooperative behavior is highly dependent on the efficiency and trustworthiness of bureaucratic…

Marxism is based on the theories of Karl Marx. Karl Marx was a political activist in the 19th Century, who challenged many social and political issues. In the Enncarta Reference Library, Marxism is defined as “a theory in which class struggle is a central element in the analysis of social change in Western societies” (REF: 1). This means that according to Karl, there is a definite definition between the social classes. As a result of the different social classes Marx claimed that the “Free…

Theatre is a revelation as it unveils the drama of human life and emotions in a society warped by injustice and oppression. Theatre’s ability to plumb the depths of human psyche in this oppressive and corrupt world makes it a strong voice for addressing the suffering and the angst of the individual suffocated in the terrible grip of control and exploitation. In doing so, theatre not only problematizes contemporary socio-cultural issues but also provokes critical thoughts on conflicts, dilemmas,…