Free Trade An Open Market Needs A Level Playing Field

Philip Hammond once said, â€Å"When I believe firmly in open markets and free trade, I also believe an open market needs a level playing field.† This would express the definition of free trade, the international trade left to its own course without tariffs, quotas, and other restrictions. However, this definition is a myth. Free trade is not as free as it is meant to be believed. Free trade extends to the relationship of Europe and the United States. With that being said, free trade has turned into a dependence upon the United States as Europe has no other source to turn to or gain necessary means for profit. So, the United States is able to abandon Europe, but Europe cannot lift the oppression of tariffs. By definition, the free market should be determined by supply and demand, and consumers than restrictions and interventions. This does not seem to be the case in the relationship between these two nations. Today, free trade agreement lends itself to the free movement of the superpower while Europe has limitations. This free trade is known as the Transatlantic Trade Investment Partnership. The United States and Europe trade is for the â€Å"mutual† benefit of job creation,economic growth, and international competitiveness. However, this trade agreement is only beneficial to one party, the United States. This law allows a foreign company who invests in a foreign country to sue the nation if the country makes changes to the agreement. Therefore, Europe will always be in debt to theShow MoreRelatedEssay about The Central American Free Trade Agreement1178 Words   |  5 PagesThe Central American Free Trade Agreement CAFTA is a proposed international free trade agreement between the United States and numerous countries within Central America. Some of the nations who could potentially participate in this treaty are Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. This proposed agreement stems primarily from the fact the United States relies on Central America as a primary export market. In fact, it is believed this area of world is Americas 18th largestRead MoreFree Trade And Its Effects On The Prosperity Of Countries1744 Words   |  7 Pagesover whether free trade has positive effects on the prosperity of countries or hinders the development of nations has been a major topic in international relations for centuries. Free trade is defined as a system in which goods, capital, and labor flow freely between nations without any trade barriers (What Is Free Trade?). Many nations therefore engage in this policy in order to ensure their citizens have enough economic resources or consumer go ods for meeting various wants or needs. At the globalRead MoreGlobalization1305 Words   |  6 Pagesspread of communication and information technologies, and the impacts of free-market on local, regional and national economies. The golden words of late Dr. Mahbub ul Haq provides the true vision: Globalization is no longer an option, it is a fact. Developing countries have either to learn to manage it far more skilfully, or simply drown in the global cross currents. Theoretically, †¢ Globalization opens up markets and ensures competition; †¢ Removes inefficiencies and leading to greaterRead MoreEssay On Trading Account869 Words   |  4 PagesYou Need to Know Recently, the forex currency trading account has surfaced as an extremely strong option to equity and product trading. It includes gained an immense level of popularity as a substitute investment avenue which is in a roundabout way influenced by collateral/commodity price cycles. With that said, you must be aware that forex is incredibly volatile and proper training is required before you get started to control your own trading account for which you need to know how to open tradingRead MoreBushs Views On Obamas Presidency1664 Words   |  7 Pageswhich remains respected to this day is his free trade record. Throughout his tenure Bush was a staunch advocate of free market policies, often justifying his approach with American productivity. For instance in his 2006 State of the Union address Bush asserted that â€Å"with open markets and a level playing field, no one can out-produce or out-compete the American worker† (Bush, State of Union, 2006). This unmistakeably shows Bushâ €™s favouring of free trade policies over protectionism. This belief isRead MoreTrade Liberalization And Increased Transparency Essay1724 Words   |  7 Pages place institutions that support market liberalization and increased transparency. As argued by Drabek and Baccheta (2004), WTO membership eventually enhances good governance by upholding the rule law, contract enforcement and makes countries to have a strong judicial system. Other elements such as culture and group norms have fundamentally transformed how international organizations or governments shape their motivations and thus, the governing process is controlled by multiple entities with varyingRead MoreKey Provisions Of The Trans Pacific Partnership Agreement1656 Words   |  7 Pagescomplex and multi-faceted situation with cultural and bilingual challenges. Although not specifically stated, this endeavor is the U.S. government’s economical approach to controlling the expanding sphere of influence of China by leveling the playing field with many of China’s trading partners. â€Æ' Introduction This paper will look at U.S. objectives for the emerging Trans-Pacific Partnership (TPP) and explore the roadmap or game plan of how the President of the United States (POTUS) and his AdministrationRead MorePros and Cons of Free Trade1495 Words   |  6 PagesGeography: Pros and Cons of Free Trade Few can contend that the world is more interconnected and interrelated more than ever. This web of interdependency is primarily made possible by trade, and in the twenty-first century, a large and significant portion of trade is conducted on a global scale. Furthermore, while the majority of people agree that free trade can benefit both parties in terms of economic development and an increase in overall production, many critics have voiced their fears of theRead MoreExim Policy1616 Words   |  7 PagesForeign Trade Regime: Analytical Phases and Changes over Time †¢ India s Exim Policy : Phases of Changes †¢ Export Import Policy 2002-07 : Objectives †¢ General Provision Regarding Imports and Exports †¢ Promotional Measures †¢ Duty Exemption / Remission Scheme †¢ Export Promotion Capital Goods Scheme †¢ EOUs, EPZs, EHTPs, STPs †¢ Deemed Exports †¢ Summary †¢ Self-Assessment Questions †¢ Further Readings ïÆ'Ëœ INTRODUCTION :- Export-Import (EXIM) Policy alternatively known as Trade PolicyRead MoreGlobalization1491 Words   |  6 PagesGlobalization: A Review of the Literature Globalization, in the economic sense, refers to the cross border transactions of goods and services between different countries across the globe through the elimination of trade barriers. However, globalization is not limited to only its economic sense. There are also political and cultural meanings to the word as well. The cultural exchange that takes place along with globalization increases interdependence, integration

Ethics in Machiavellis The Prince Essay example - 1498 Words

Ethics in Machiavellis The Prince Niccolo Machiavelli (1469-1527) was an Italian statesman and political philosopher. He was employed on diplomatic missions as defence secretary of the Florentine republic, and was tortured when the Medici returned to power in 1512. When he retired from public life he wrote his most famous work, The Prince (1532), which describes the means by which a leader may gain and maintain power. The Prince has had a long and chequered history and the number of controversies that it has generated is indeed surprising. Almost every ideology has tried to appropriate it for itself - as a result everyone from Clement VII to Mussolini has laid claim to it. Yet there were times when it was terribly unpopular. Its†¦show more content†¦Let us get a few fundamental facts clear. Nowhere in The Prince or The Discourses does Machiavelli explicitly make morality or ethics his concern. Nor does he openly eschew it. Only one specific ethical system, the Christian ethic has no place in Machiavelli. That is easily inferred because from the very first pages a system based more on the power of arms than on Christian love is spoken of. Murder is condoned when necessary. Virtue and vice are not seen so much as black and white as interchangeable shades of grey. This does not however exclude the possibility of a separate ethical paradigm which Machiavelli might have thought of for his stat e. This is in accordance with Berlins suggestion of a pagan paradigm [8]. Morality per se, comes in only when The Prince deems it compatible with Necessitas and Fortuna [9].The separate ethical paradigm must therefore be one founded on political necessities. The Prince itself is avowedly political. Its object is the clear and concise statement of a foolproof political program for Italian princes. It begins by clearly classifying the types of principality, how one wins them and how to hold them. There is a very well-informed section on the war tactics prevalent in the peninsula together with Machiavellis own theories for improving these. And there is the unscrupulous advice, which gained the book so much infamy. But The Prince is not unique among Machiavellis books. The Discourses carry on the ideas found in TheShow MoreRelatedCompare And Contrast Socrates And Machiavelli1419 Words   |  6 Pagesregard to the concept of truth, Socrates would hate Machiavelli’s model prince due to Machiavelli’s manipulative view of truth. While Socrates desired a state that focuses on fundamental truth and ethical decisions, Machiavelli advocated a state led by a pragmatic, logical, and even cruel decision maker. The difference between the two theories is stark, not only would Socrates disagree with Machiavelli’s concept of a prince, he would view the prince with utter disdain due to his disregard for the truthRead MoreMachiavelli And Socrates1713 Words   |  7 PagesMachiavelli, this leader is known as the â€Å"Prince.† He believes that the Prince should be pragmatic in his actions, and act with the good of the state in mind or in other words, he believes in statecraft. He believed that the Prince should be someone with good foresight and does not act without recklessly. The Prince has to be willing to do what is necessary to preserve the state, even if violence is required. This attribute led to Machiavelli’s assertion of a Prince who does not restrict his actions withRead MoreThe Machiavelli s Political Philosophy1575 Words   |  7 PagesRevisiting Machiavelli’s Political Philosophy Precede It is fundamentally important to preface the discussion hosted in this essay by addressing ourselves to the most mundane question-why consider Machiavelli in the context of philosophy, least of all, political philosophy? This question dominates any philosophical inquiries of the Machiavelli’s political ideologies. Put differently, do the contributions by Niccolà ² Machiavelli to the various salient discourses in the Western thought, most notablyRead MoreMachiavelli and the Use of Antiquity in The Prince and The Discourses1838 Words   |  7 Pages Machiavelli and the Use of Antiquity in The Prince and The Discourses The Renaissance was a time of classical revival and a turning point from the Middle Ages to the Early Modern period in the course of history. Ancient texts and artifacts became sources of inspiration for intellectuals and artists alike, and the desire to emulate—or even surpass the achievements of the past prompted them to study antiquities closely and saw them as models and guidance. People were consciously distinguishingRead MoreThe Prince By Niccolo Machiavelli Analysis948 Words   |  4 PagesComposed nearly 500 years ago, Niccolo Machiavellis The Prince presents another perspective on the meaning of virtue. Machiavellis definition contended against the idea presented by the Catholic Church. Machiavelli did not force any opinions of his own, somewhat he composed from his experience and whatever theory that prompts activities which created successful results in the political scene of Italy and different nations. While Machiavelli continues to be scrutinized for his though ts, in allRead MoreSimilarities Between Socrates And Machiavelli1649 Words   |  7 Pagestimes. During times of war and unrest, it was a bold choice that both men made to stand up for their beliefs and speak out against the system. However, Socrates wouldn’t have agreed with Machiavelli’s means and concepts of the Prince and his ideas for how a political establishment should function. Machiavelli’s means may have been justified by his ends, but they completely go against what Socrates stood for in his time. Socrates and Machiavelli seem to have been incredibly different people. SocratesRead MoreSocrates And Machiavelli1681 Words   |  7 Pagespolitical system might then seem irresponsible, a presumptuous analysis not fitting for an academic recognizing the false equivalence between Socrates’ philosophy and Machiavelli’s political ethics. The strategy to conduct any sort of liable and valid analysis is not to wholly ignore the â€Å"political† part of the system but to evaluate the ethics behind the systems. The goal of this essay will be to compare and evaluate the Machiavellian ideological government, through the lens of Socratic philosophy. DespiteRead MoreSocrates Vs Machiavelli Essay875 Words   |  4 Pagespresumptuous analysis not fitting for an academic recognizing the false equivalence between Socrates’ philosophy and Machiavelli’s political ethics. The strategy to conduct any sort of liable and valid analysis is not to wholly ignore the â€Å"political† part of the system but to evaluate the ethics behind the systems. The goal of this essay will be to compare and evaluate the Machiavellian ideologicalRead MoreMachiavelli s Proposal Of The Prince Reflected Italy s Renaissance Era1646 Words   |  7 Pagesgovernments have yet to reach equilibrium of power and wealth. Needless to say, philosophers like Machiavelli and Socrates, who lived in dark times of political turbulence, aimed to find peace within their respective political atmospheres. Machiavelli’s proposal of the pri nce reflected Italy’s Renaissance era and drew upon the idea that a head of power would rule in accordance to certain beliefs and guidelines that would establish a government in which greater good of the people would be prioritized. MeanwhileRead MoreAnalysis Of Niccol Machiavellis The Prince931 Words   |  4 PagesThe extract is from Niccolà ² Machiavelli’s The Prince, a 16th-century political treatise that acts as an extended analysis, instructing a ruler on how to acquire and maintain political power. Presumably drafted in 1513, Machiavelli was a known humanist scholar, working as a diplomat in Florence. Upon the time of its publication, Machiavelli had been recently released from imprisonment, his writings therefore may have had an agenda of regaining favour from the ruling Medici family, or was a means of

Volcano Mount Vesusius Essay Example For Students

Volcano Mount Vesusius Essay Mount Vesuvius is a volcano located in southern Italy, near the bay of Naples and the city of Naples. It is the only active volcano on the European mainland. Vesuvius rises to a height of 1277 m (4190 ft). Vesuvio (Vesuvius) is probably the most famous volcano on earth, and is one of the most dangerous. Mount Vesuvius is a strato-volcano consisting of a volcanic cone (Gran Cono) that was built within a summit caldera (Mount Somma). The Somma-Vesuvius complex has formed over the last 25,000 years by means of a sequence of eruptions of variable explosiveness, ranging from the quiet lava outpourings that characterized much of the latest activity (for example from 1881 to 1899 and from 1926 to 1930) to the explosive Plinian eruptions, including the one that destroyed Pompeii and killed thousands of people in 79 A.D. At least seven Plinian eruptions have been identified in the eruptive history of Somma-Vesuvius (1). Each was preceded by a long period of stillness, which in the case of the 79 A.D. eruption lasted about 700 years. These eruptions were fed by viscous water-rich phonotitic to tephritic phonolitic magmas that appear to have differentiated in shallow crustal conditions. They are believed to have slowly filled a reservoir where differentiation was driven by compositional convection. A minimum depth of about 3 km was inferred for the top of the magmatic reservoir from mineral equilibria of metamorphic carbonate ejecta (2). Fluid inclusions (CO.sub.2 and H. sub.2O-CO.sub.2) in clinopyroxenes from cumulate and nodules indicate a trapping pressure of 1.0 to 2.5 kbar at about 1200 degreesC, suggesting that these minerals crystallized at depths of 4 to 10 km (3). The differentiated magma fraction was about 30% of the total magma in the reservoir, and a volume of about 2 to 3 km.sup.3 was inferred for the reservoir (4). The magma ascent to the surface occurred through a conduit of possibly 70 to 100 m in diameter (5). A thermal model predicts that such a reservoir should contain a core of partially molten magma (6) that can be detected by high-resolution seismic tomography. The earliest outcropping volcanic deposits date back to about 25,000 years ago. The lavas observed at a -1125 m bore-hole are about 0,3-0,5 million years old. It is known for the first eruption of which an eyewitness account is preserved, in 79 AD. Geologically, Vesuvio is unique for its unusual versatility. Its activity ranging from Hawaiian-style release of liquid lava, fountaining and lava lakes, over Strombolian and Vulcanian activity to violently explosive, plinian events that produce pyroclastic flows and surges. Vesuvius is a complex volcano. A complex volcano is an extensive assemblage of spatially, temporally, and genetically related major and minor volcanic centers with there associated lava flows and pyroclastic flows. Vesuvius has a long history. The oldest dated rock from the volcano is about 300,000 years old. It was collected from a well drilled near the volcano and was probably part of the Somma volcano. After Somma collapsed about 17,000 years ago, Vesuvius began to form. Four types of eruption have been documented: a) Plinian (AD 79, Pompeii type) events with widespread air fall and major pyroclastic surges and flows; b) sub-Plinian to Plinian, more moderately sized eruptions (AD 472, 1631) with heavy tephra falls around the volcano and pyroclastic flows and surges; c) small to medium-sized, Strombolian to Vulcanian eruptions (numerous events during the 1631-1944 cycle, such as 1906 and 1944) with local heavy tephra falls and major lava flows and small pyroclastic avalanches restricted to the active cone itself. The fourth type it is the smallest of all eruption types observed at Vesuvio. It is the persistent Strombolian to Hawaiian style eruption that characterizes almost all of an eruptive sub-cycle, such as was the case during the period 1913-1944. Activity of this kind is mainly restricted to the central crater where one or more intracrateral cones form, and to the sides of the cone. Lava flows from the summit crater or from the sub terminal vents extend beyond the cones base. A somewhat particular kind of persistent activity is the slow release of large amounts of lava from sub terminal fractures to form thick piles of lava with little lateral extension, such .

Issues of Two Tiered Salary Structures-Free-Samples for Students

Question: Create a report that summarizes the current status of two-tier plans and what we know about how they work. What direction we can expect from them in the future and how stakeholder concerns should be addressed. Answer: Introduction In short to define two tier wage system, it can be said that it is a specific type of the structure of the payroll where a group of employees get lesser salary than the other employees (Bridget M., and Ortiz 2015). The purpose of this report is to highlight how the workforce value propositions can be distinguished for the individuals who are getting paid at higher levels in two tier plans. Apart from that this report shades light on the possible challenges and shortcomings of this plan and along with it discusses regarding the latest events and reports regarding this topic. Maintaining a talented workforce Labor unions have a tendency to eradicate the two tier systems for the labors but in most cases in industries like automobile industry two tier systems are present in the market of America. In this system there are a lot of advantages and disadvantages, thus under this particular structure the managements can face a few problems in managing the workforce (DiPrete 2013). In this structure at times the labors who are comparatively new, work for a much lesser salary than the experienced individuals and they share the same amount of work load. In this structure naturally a disruption gets created among the new joiners and that is where the management has to work on in order to keep them motivated. In such conditions, the management has to take initiatives so that the workforce remains motivated and loyal towards the organization (Dinovitzer, Ronit, and Hagan 2013). To make it happen, the management can provide opportunities to the new joiners so that if they perform well they will be eli gible to get promotions rapidly. In order to make it happen, the management should take up more new policies in order to keep things within control. In this way the organization will be able to reach the financial targets they have made earlier. Challenges of this structure In America the two tier wage plan has become a burning issue for the labor unions and it is being held as a deep rooted issue in America. In this structure, individuals who have joined work recently get remuneration that is much lower than the salary withdrawn by the senior employees (DiPrete 2013). The main issue is that the new employees and the senior employees in most cases share same kind of work load and there rises the grievances. The managements of the organizations need to put in extra effort in order to keep harmony in the workforce. The two tier wage system has some advantages and disadvantages. If the employees work under a single tier wage system, they will be in peace, but there would not be any type of competitive nature among the workers. On the other hand, the employees under two tier wage system would always try to compete with the senior employees in order to get the same pay scale the senior employees are getting. Recent cases Recently regarding this issue there has been a lot of disruption among the workforce of reputed automobile manufacturer companies of America, where the labor union protested saying that they want equal distribution of wages in the workforce according to the posts in the organization (Bridget M., and Ortiz 2015). They claimed that the individuals who are posted in a same rank should get equal salary regardless of the seniority. In real time this is something that is not possible for the organizations, as they cannot provide equal remuneration to the individuals with no experience and to the individuals who have acquired experience in the field of work. There have been instances where the union leaders gave brief interviews regarding this topic. While giving the interview they claimed that this type of wage structure brings in inferiority complex as well as superiority complex among the workforce and that is not right. Conclusion Thus to conclude, it can be said that in any sector if the management follows a two tier salary structure then there might be a disruption amongst the workforce and it will be the duty of the management of that particular organization to find out ways in order to keep the employees motivated and content with their stay in the organization. It is seen how due to the disruption in the workforce ruined an organizations reputation to the ground. There are some instances where the organizations successfully maintained a content workforce along with maintaining a two tier salary structure within the organization. This depend highly on the efficiency of the management of the concerned organization. If the managers are competent enough to motivate the workforce then these issues do not have any lasting impact on the productivity. As this is a very sensitive issue, thus the organizations should put in extra effort to eradicate these issue. References Bordelon, Bridget M., and Maria Ortiz. "An exploratory study of the Destination Management Company (DMC): Building a profile." (2015). Dinovitzer, Ronit, and John Hagan. "Hierarchical structure and gender dissimilarity in American legal labor markets."Social Forces92.3 (2013): 929-955. DiPrete, Thomas A.The bureaucratic labor market: The case of the federal civil service. Springer Science Business Media, 2013. Gibson, John, David L. Anderson, and John Tressler. "Citations or Journal Quality: Which Is Rewarded More in the Academic Labor Market?."Economic Inquiry(2017). Vledder, Monique, et al. "Optimal supply chain structure for distributing essential drugs in low income countries: results from a randomized experiment." (2015). Ylijoki, Oili-Helena, and Jani Ursin. "High-flyers and underdogs: The polarisation of Finnish academic identities."Academic identities in higher education: The changing European landscape38 (2015): 187