Tuesday, December 31, 2019

Ethical And Theological Topics On Human Morality - 1439 Words

Though St. Thomas explored various ethical and theological topics throughout his several works, Thomas’s claims on the role of the conscience in human morality presents some of the most complex and though provoking assertions. Within the Summa Theologica, Thomas not only offers a complete explanation of the human conscience and the critical role it plays within our morality, but has the ability to take the examination one step further by proposing two fundamental questions. First, Thomas addresses the issues that arise when one has an erroneous conscience, and secondly, if a person can be blamed for following their misinformed conscience . Thomas’s response to these two questions hold strong conviction even to the present day, but do allow for some critical counterarguments with respect to the role of human natural law. According to Thomas, the human conscience pertains to the judgement of the rightness or wrongness of action you are thinking about doing or already have done. Our conscience pertains to a wide realm of things we may judge to be morally right or morally wrong . The conscience can be divided into two parts, our general judgements and our concrete judgements. General judgements relate to how humans judge particular things or issues, while concrete judgements relate to a present decision or situation . Many judgements within our conscience are not as black and white as previously stated. In reality, many other factors play an important role within eachShow MoreRelatedCatholic Moral Theology And The Medical Field935 Words   |  4 PagesCatholic Moral Theology and the Medical Field Principally, morality and ethical issues continue to be a topic of debate, particularly in the modern day world. Essentially, this is because some of them touch the heart of the human life and failure to find a convergence of opinion threatens existence (Piazza Landy, 2013). In this respect, religion is one tool that has significantly influenced and continues to shape this discourse. Accordingly, this easy draws from the moral teaching of the CatholicRead MoreThe Old Testament Essay1498 Words   |  6 Pagespeople to look to for guidance. The difficulty often comes because the questions they have in today’s society may not relate to the Old Testament. â€Å"Much biblical scholarship is narrowly historical-critical and does not seek to draw out the ethical-theological dimensions of the text.† (297) Pastors have the task of relating the Old Testament to today’s problems and it can be quite a challenge. Addressing moral issues is a difficult issue that pastors are faced with when addressing them through theRead MoreIs Abortion Moral Or Moral?1018 Words   |  5 Pagesclearly not a topic to be taken lightly in today’s modern world. Majority of the population’s answers to this question are based on each individuals opinion and is supported by what they believe. In general, there are two sides of the argument. One is that life begins at the time of conception. The other belief is that life doesn’t begin until the drawing of the first breath. The true dilemma here is not the accurate pinpointing of life’s beginning, but the questions that accompany this topic and eachRead MoreReligion Is Interfering With Science And Or Social Progress?1738 Words   |  7 Pagescould understand what they were and what they meant. Today, I am starting to understand more and more about other religions. It has occurred to me that sometimes there is a conflict between religions when talking about certain topics. There are multipl e controversial topics that can cause an uproar for one or many religions such as abortion and evolution. In addition, there are disagreements between religions that cause many other issues on their own. In that case, religion is interfering withRead MoreTypes Of Christian Ethics By H.richard Niebuhr1677 Words   |  7 Pagessocial justice, and offer their own perspectives on the common topic. I. Types of Christian Ethics by H.Richard Niebuhr 1. Various Ways of Typing Christian Ethics V No absolute types of Christian morality can be discerned, but there are various points of view from which the individual historical phenomena can be analyzed and classified (17). That is, even under the overarching umbrella of Christian ethics, a discrepant set of ethical types of a Christian community can be identified, based onRead MoreMichael Novak s Philosophy Of Religion From Harvard University1638 Words   |  7 PagesMichael Novak fulfills his ambition to write and lecture full time on his own. He was designated as U.S. Ambassador to the Human Rights Commission of the United Nations (Jan, 1981). He has also worked as a vice chairman for the Lay Commission of Catholic Social Teaching and the U.S. Economy (1984). Mr. Novak has also worked as U.S. Ambassador to the Experts Meeting on Human Contacts of the Conference on Security and Cooperation in Europe (1986). Mr. Novak was ordinated as priest from prestigiousRead MoreIntroduction. Abortion Has Been Widely Controversial And1178 Words   |  5 Pages Introduction Abortion has been widely controversial and still is controversial to this day. Opinions on the topic continue to change over time as well as laws changing to allow it or make it illegal. These changes will vary on factors like politics and the religion that is practiced in the country. Just like countries vary on whether it is widely accepted or not, the same goes for religions. Catholicism has been traditionally conservative and has taken a pro-life stance overRead MoreReligious Diversity And Its Impact On Society1792 Words   |  8 PagesReligion has been a topic of significant sociological discussion since the beginnings of sociology itself. Yet the complexity and changing social landscape that has surrounded this aspect of social life mean that one simple definition of religion is difficult to establish. The debate around secularisation and the changes in society bought about by capitalism and the Reformation have come together in contemporary Australia to forge a time where there is a complex relationship between religion andRead MoreEssay about The Morals and Ethics of Genetic Engineering3310 Words   |  14 Pagesproducts. Lastly, there is the concern that mankind is â€Å"playing God†, that we as a species and as a society are exceeding our natural reach and thus operating outside of our traditional preconceived boundaries, where our cultural sense of ethics and morality may not even hold ground. How can we govern or monitor what we do not fully understand? Do the pros of the genetic revolution outweigh the cons? Our civilization, as it delves further into a genetically engineered world, is in a moral dilemma that

Monday, December 23, 2019

Inside Look At The Prison Industrial Complex - 1484 Words

Anthony Marvel Mr. Hemery Nonfiction September 29, 2014 An Inside Look at the Prison-Industrial Complex Business’s that appear to be removed from the corrupt corporation of prison are ultimately expanding the prison industrial complex. Prison incarceration has become a multi-billion dollar industry that needs more than 2 million U.S. citizens to put into prison on any given day. This paper will be base for explaining how the PIC works and what really goes on behind all the barbed wire and armed guards. â€Å"The term ‘Prison Industrial Complex’ was first coined by either Eric Schlosser in 1998 or by Angela Davis in the same year, in order to examine the complex configuration compromised of the US prison system, multi-national corporations, small private business and the inmate population in the social and political economy of the 21st century United States â€Å"(Smith and Hattery 2). The prison system today seems to be a flawed one, where the smallest offences send people to years into either a private, state, or federal prison. The number of privately owned prisons has grown, as has the imprisonment rate of Americans. â€Å"In 2005 more than 2.3 million Americans (or .7% of the US population) were incarcerated, in nearly 1700 state, federal, and private prisons, with many more under other forms of custodial supervision including probation and parole†(Smith and Hattery 2). â€Å"In 1980, only 474,368 citizens in the US were imprisoned, but in just a little over two decades, 2,042,270 peopleShow MoreRelatedPrison Industrial Complex Economics And The United States1157 Words   |  5 Pagesother country. In the article â€Å"Prison Industrial Complex Economics†, it states, â€Å"the United States has approximately 6.5 million people under the criminal justice supervision. Incarcerated rate has grown from 176 in 1973 up to 700 in the year of 2000† (Waquant). Incarceration is a big business that feeds into drug violence, corrupted guards, and racism in criminal justice system, taxpayer cost , and racism in the criminal system and through privatization of prisons. Drug violence The United StatesRead MoreDownsizing Of The American Penal System1474 Words   |  6 Pagessystem, her main focus when taking a look at the system was the issue of mass incarceration. Murayama (1970, pp 629) states that since 1970 the number of people that are incarcerated has quadrupled. As a result of this corrections experts that were both inside and outside government began to emphasize two major goals for the American penal system. First was to address the concern about rehabilitation and second was to find a way to stabilize the size of the U.S. prison system. A National Advisory CommissionRead MorePrison Industrial Complex ( Pic )1472 Words   |  6 PagesPrison Industrial Complex (PIC) is a term we use to depict the interests of government and industry that utilization observation, policing, and detainment as answers for what may be, in fact, monetary, social, and political issues. Through its range and effect, the jail modern complex secures the power of individuals who g et their energy through racial, monetary and other auxiliary benefits by shielding current power conveyances. It benefits government and industry, and in addition those peopleRead MoreAre Prisons Obsolete? By Angela Davis1513 Words   |  7 Pages Angela Davis is the author of Are Prisons Obsolete?. Davis lays out the facts about incarceration and how it has effected our society; not to mention how it has played a major role in our history. Davis outlines the significant importance that incarceration has towards minorities in America. She goes on to identifies race, gender, and class as being a part of the problem of incarceration. Davis takes the stance of not having prisons in our society, period. She does believe that we can have someRead MoreA Theory Of Policy Style1883 Words   |  8 PagesCORPORATION PRISON AND FEDERAL PRISON The majority of BOP inmates in private prisons are sentenced criminal aliens who may be deported upon completion of their sentence UNICOR is the trade name for Federal Prison Industries (FPI):): an entirely closely-held, independent Government corporation that sells market-priced services and quality merchandise created by inmates. however additional significantly, it is also an important punditry program that assists offenders in learning the talents necessaryRead MoreEssay on The Liars Club1618 Words   |  7 PagesAnalysis of the Relationship Between Mother and Daughter: The Liars Club, and a look at childhood through the lens of adulthood Marry Karr’s The Liars Club is a haunting memoire, depicting a young Texan girls struggle to survive the trials of adolescence in home that finds stability in chaos and comfort in the abusive habits of her parents. Illustrating both fond and painful memoires from her past, Karr paints a complex image of the relationship she shared with her mother; giving readers everywhereRead MoreAlternative Learning Systems9735 Words   |  39 PagesArticles Sociology of the Prison Classroom: Marginalized Identities and Sociological Imaginations behind Bars Teaching Sociology 39(2) 165–178 Ó American Sociological Association 2011 DOI: 10.1177/0092055X11400440 http://ts.sagepub.com Kylie L. Parrotta1 and Gretchen H. Thompson1 Abstract The authors use sociology of the college classroom to analyze their experiences as feminists teaching sociology courses in the ‘‘unconventional setting’’ of prison. Reflective writing was used to chronicle experiencesRead MoreWho Is Worse : Criminals Or Police?1473 Words   |  6 Pagesyou ever thought , based on the color of your skin or what you believe, that you have a higher chance of being jumped, raped, or killed while walking on the street or in your home by another human. Imagine if this human was the person the country looks up at to protect the all neighborhoods and cities of the US. Police in the US are racist and discriminate against minorities. Policemen, especially white, have been notorious for killing African Americans, Latinos, and Muslims. Blacks inRead MoreThe Prison Industrial Complex And The United States Essay2129 Words   |  9 Pagesâ€Å"One out of every 31 Americans (7 Million) are in prison, jail, or some othe r form of correctional supervision. A high incarceration rate in the United States has led to the prison-industrial complex, which has provided jobs and profits to legions of companies and people. The field of corrections is big business.†1 I believe that this fact is the best way in which to start my paper. The main idea of corrections, as the name suggests, is to correct the behavior that has caused an offender to strayRead More Fixing Racial Disparity Essay2366 Words   |  10 Pagesparticipate in the job training programs in order to receive the benefits. Unemployment representatives should have to verify the participation and all job search activities. By enforcing polices that are already in place one would be encouraged to look for work. Getting people back to work would help the economic problem in minority communities. Another reason researchers give as to why minorities are overrepresented in the criminal justice system is racial profiling. Racial profiling is the

Sunday, December 15, 2019

Role of Financial Institution in Economy Free Essays

Role of Banks and Financial Institutions in Economy Money lending in one form or the other has evolved along with the history of the mankind. Even in the ancient times there are references to the moneylenders. Shakespeare also referred to ‘Shylocks’ who made unreasonable demands in case the loans were not repaid in time along with interest. We will write a custom essay sample on Role of Financial Institution in Economy or any similar topic only for you Order Now Indian history is also replete with the instances referring to indigenous money lenders, Sahukars and Zamindars involved in the business of money lending by mortgaging the landed property of the borrowers. Towards the beginning of the twentieth century, with the onset of modern industry in the country, the need for government regulated banking system was felt. The British government began to pay attention towards the need for an organised banking sector in the country and Reserve Bank of India was set up to regulate the formal banking sector in the country. But the growth of modern banking remained slow mainly due to lack of surplus capital in the Indian economic system at that point of time. Modern banking institutions came up only in big cities and industrial centres. The rural areas, representing vast majority of Indian society, remained dependent on the indigenous money lenders for their credit needs. Independence of the country heralded a new era in the growth of modern banking. Many new commercial banks came up in various parts of the country. As the modern banking network grew, the government began to realise that the banking sector was catering only to the needs of the well-to-do and the capitalists. The interests of the poorer sections as well as those of the common man were being ignored. In 1969, Indian government took a historic decision to nationalise 14 biggest private commercial banks. A few more were nationalised after a couple of years. This resulted in transferring the ownership of these banks to the State and the Reserve Bank of India could then issue directions to these banks to fund the national programmes, the rural sector, the plan priorities and the priority sector at differential rate of interest. This resulted in providing fillip the banking facilities to the rural areas, to the under-privileged and the downtrodden. It also resulted in financial inclusion of all categories of people in almost all the regions of the country. However, after almost two decades of bank nationalisation some new issues became contextual. The service standards of the public sector banks began to decline. Their profitability came down and the efficiency of the staff became suspect. Non-performing assets of these banks began to rise. The wheel of time had turned a full circle by early nineties and the government after the introduction of structural and economic reforms in the financial sector, allowed the setting up of new banks in the private sector. The new generation private banks have now established themselves in the system and have set new standards of service and efficiency. These banks have also given tough but healthy competition to the public sector banks. Modern Day Role Banking system and the Financial Institutions play very significant role in the economy. First and foremost is in the form of catering to the need of credit for all the sections of society. The modern economies in the world have developed primarily by making best use of the credit availability in their systems. An efficient banking system must cater to the needs of high end investors by making available high amounts of capital for big projects in the industrial, infrastructure and service sectors. At the same time, the medium and small ventures must also have credit available to them for new investment and expansion of the existing units. Rural sector in a country like India can grow only if cheaper credit is available to the farmers for their short and medium term needs. Credit availability for infrastructure sector is also extremely important. The success of any financial system can be fathomed by finding out the availability of reliable and adequate credit for infrastructure projects. Fortunately, during the past about one decade there has been increased participation of the private sector in infrastructure projects. The banks and the financial institutions also cater to another important need of the society i. e. mopping up small savings at reasonable rates with several options. The common man has the option to park his savings under a few alternatives, including the small savings schemes introduced by the government from time to time and in bank deposits in the form of savings accounts, recurring deposits and time deposits. Another option is to invest in the stocks or mutual funds. In addition to the above traditional role, the banks and the financial institutions also perform certain new-age functions which could not be thought of a couple of decades ago. The facility of internet banking enables a consumer to access and operate his bank account without actually visiting the bank premises. The facility of ATMs and the credit/debit cards has revolutionised the choices available with the customers. The banks also serve as alternative gateways for making payments on account of income tax and online payment of various bills like the telephone, electricity and tax. The bank customers can also invest their funds in various stocks or mutual funds straight from their bank accounts. In the modern day economy, where people have no time to make these payments by standing in queue, the service provided by the banks is commendable. While the commercial banks cater to the banking needs of the people in the cities and towns, there is another category of banks that looks after the credit and banking needs of the people living in the rural areas, particularly the farmers. Regional Rural Banks (RRBs) have been sponsored by many commercial banks in several States. These banks, along with the cooperative banks, take care of the farmer-specific needs of credit and other banking facilities. Future Till a few years ago, the government largely patro-nized the small savings schemes in which not only the interest rates were higher, but the income tax rebates and incentives were also in plenty. The bank deposits, on the other hand, did not entail such benefits. As a result, the small savings were the first choice of the investors. But for the last few years the trend has been reversed. The small savings, the bank deposits and the mutual funds have een brought at par for the purpose of incentives under the income tax. Moreover, the interest rates in the small savings schemes are no longer higher than those offered by the banks. Banks today are free to determine their interest rates within the given limits prescribed by the RBI. It is now easier for the banks to open new branches. But the banking sector reforms are still not complete. A lot more is requ ired to be done to revamp the public sector banks. Mergers and amalgamation is the next measure on the agenda of the government. The government is also preparing to disinvest some of its equity from the PSU banks. The option of allowing foreign direct investment beyond 50 per cent in the Indian banking sector has also been under consideration. Banks and financial intuitions have played major role in the economic development of the country and most of the credit- related schemes of the government to uplift the poorer and the under-privileged sections have been implemented through the banking sector. The role of the banks has been important, but it is going to be even more important in the future. How to cite Role of Financial Institution in Economy, Essay examples

Saturday, December 7, 2019

Phuket Beach Hotel free essay sample

To:Michael Campbell, General Manager, Phuket Beach Hotel From: Albert, Andy, Becca, Chris, Derek Consulting Date:June 14, 2011 Re: Valuation of Potential Karaoke Pub Projects Thank you for retaining AaBCD Consulting in the valuation of your future capital improvement project. There are two mutually exclusive capital improvement projects under consideration: lease under-utilized space to an unrelated third party, Planet Karaoke Pub, or invest greater capital to open and manage your own nightclub, Beach Karaoke Pub.Using the predominant valuation methods, we have analyzed the relevant quantitative and qualitative data over their useful lives. In our assessment, we discuss the strengths and weaknesses of each approach as well as their relative weights in determining the financial viability of each project. There are three underlying assumptions driving our calculations: 1) a 10. 75% discount rate, 2) a 10% guest room erosion rate, and 3) the omission of irrelevant staffing costs (16% of sales) due to long-term salary contracts.We have determined that while both options are profitable, Beach is more so. We will write a custom essay sample on Phuket Beach Hotel or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page However, before a final decision is made, more research into the qualitative aspects of these undertakings needs to be done; community footprint impacts and room revenue erosion rates must also be examined in more detail. Relevant Economic Benefits (1) In order to assess the viability of each project we must first determine the initial outlays and the relevant cash flows, assigning an appropriate discount rate based on the weighted average cost of capital.Taking the weight of equity (75%), the cost of equity (12%), the cost of debt (10%) and the corporate tax rate (30%), we have calculated and recommend a discount rate of 10. 75%, which is much higher than the initial 5% estimated by Mr. Manming. From the initial outlays of both projects, we see a benefit of choosing the third-party project, Planet Karaoke. The initial investment in renovation of (700,000 to 1 million baht), is much less than that for Beach Karaoke (1. 7 to 2. 1 million baht), due to the added equipment costs associated with running and managing the night club.