Thursday, October 31, 2019
Global Financialization Essay Example | Topics and Well Written Essays - 750 words - 2
Global Financialization - Essay Example In fact, massive inflows of capital followed by sharp and sudden reversals of capital flow result in crises of exchange rates that have characterized developing and emerging nations (Stiglitz 1081). The macroeconomic troubles stirred by volatile flows of capital have been acutely felt in developing and emerging countries such as Turkey and Argentina in 2001 and the late 90s South East Asia financial crisis, which were all related to flow of capital. These countries suffered from sharp declines in real GDP. A particular reason that leads to rates of exchange having such a significant effect is because, in liberalization and financialization of global markets, it is profitable to be involved in interest arbitrage, which means that one borrows from a specific currency and lends or invests in other currencies, also referred to as carrying trade (Rodrik 1). For example, if interest rates of the Turkish Lira were higher compared to those of the Euro, taking rates of exchange to be stable, it tempts to borrow in Euro credit and then invest or even lend in Turkish Lira. This implies that liabilities, as well as assets, will be in currencies of different countries. Therefore, abrupt realignments in rates of exchange could end up having disastrous effects on the balance sheets of banks or organizations. In addition, capital flow liberalization also lets developing nations accrue current account deficits for a longer time, and at a higher level than they could be during the reign of the Bretton Woods organizations. Financial globalization and liberalization have led to an increase of potential difference in development among countries if the global market financial markets retain their stability and calmness. The revaluation, typically, of financial markets has been accompanied by abrupt reversals of capital flow, as well as crises in exchange rates, all of which show that global financialization is not good for developing countries (Rodrik 1). Governments play a crucial role in the evolution of global financialization, as well as its effects on individual countries and their development. All governments at national level possess a specific responsibility to ensure security and stability of the domestic financial, banking, and monetary systems, which are vital to any economyââ¬â¢s functions. The vulnerable nature of financial and banking systems to crises, failure of markets and instability has virtually produced regulatory authorities and central banks that are aimed at protecting their social interests, as well as for the mediation of their countriesââ¬â¢ interactions with international financial markets (Doyran 32). Effective stability and functioning of the financial and monetary systems have become a fundamental requirement as far as development is concerned, which is only achievable via the effective actions of nations.
Tuesday, October 29, 2019
Charles Dickens Essay Example for Free
Charles Dickens Essay It also suggests that his previous way of conducting himself has been broken and therefore he has changed. The form of the book and the way that it has been structured has a specific effect on the reader. It breaks the book down into chunks and emphasises the point of each one. The first and last staves, act as a prologue and epilogue to show the Scrooge before and after his moral transformation. This idea is backed up by the fact that the last stave is much shorter than the other four, acting as a round off to the book leaving you to imagine the rest of Scrooges life. In the third stave; The second of the Three Spirits Scrooge meets with the Spirit of Christmas Present who proceeds to show Scrooge how people are spending their Christmases. First he takes Scrooge through the town showing him the hubbub of Christmas shoppers getting food for the forthcoming day. There were ruddy, brown-faced, broad-girthed Spanish Onions, shining in the fatness of their growth like Spanish Friars; and winking from their shelves in wanton slyness at the girls as they went by, and glanced demurely at the hung-up mistletoe. There were pears and apples, clustered high in blooming pyramids; there were bunches of grapes, made, in the shopkeepers benevolence to dangle from conspicuous hooks, that peoples mouths might water gratis as they passed. Dickens uses such descriptive language here to focus on how much the food means to people who cannot afford much, and also how important the meal, and Christmas generally, is to everyone. The idea of food is again a running theme as in Dickenss time large quantities of food, as we commonly see now, were not possible during Victorian times. This was because they had no way of refrigerating food and therefore Christmas was very special in that people could feast at this one time of the year. The language he uses here is important because the way that he personifies the food shows how much attention was showed to it and we see this attention to detail at the beginning of this stave as well when the ghost is sat in a kind of throne of food. Also when the ghost is sprinkling blessings on passing peoples food the ghost tells Scrooge that the poor are more needy than the rich which Scrooge did not realise before as he was always looking out for himself only. Then they visit the Cratchits home where although they are very poor they all love each other and they have a very happy home, this contrasts with Scrooges home and work because although Scrooge is very rich, he is always unhappy. For example although they cannot afford a very big goose for Christmas lunch they are all very happy with it and none of them complain. Dickens especially conveys the feeling of a happy home with the use of a lot of dialogue between family members. Dickenss use of dialogue throughout the book is very effective and attracts the reader as it seems much more realistic. In the forth stave Scrooge meets with the Ghost of Christmas future who has come to show him what his future will be like if he does not change his ways. He is shown his colleges discussing his funeral, and is surprised to realise that none of them care for him. He is also shown a back street merchant to whom his belongings are being sold as no one looked after his house when he died. Finally he is shown that Tiny Tim has died because his family did not have enough money to support him. This stave is very important as it shows Scrooge the short-term consequences of his actions in life if he continues to live the way he is doing so now. And we see that he has fully changed by the end of the stave I will honour Christmas in my heart, and try to keep it all the year. I will live in the Past, Present and Future. The Spirits of all three shall strive within me. This clearly shows that he now cares fully and realises the error of his ways. This is an important part of the novel as it shows that he has changed fully, and the desperation he has at the end of stave four, makes the reader feel sorry for him. This has deliberately been done by Dickens as it shows that a character whom at the start of the story you despised, by the end of this stave you feel sorry for and hope that he does have a chance to show that he is a changed man. Finally in the fifth stave Scrooge gets a chance to show how changed he is as he has been with the spirits only the length of one night. He gets to go and visit his nephew and he raises the salary of his clerk. This particular part, when he raises the pay of his clerk, uses humour again as it shows just how surprised Bob Cratchit is that he is receiving a pay rise, as he cowers and holds up a poker. This use of humour raises the mood of the last stave. Also we see Scrooges mannerisms become much different and he laughs and becomes a different person. During the last stave the most important running theme is emphasised, that anyone can change for the better. This point is shown very clearly because Dickens creates the most horrible character he can and by the end of the book, as a reader you are inclined to like him. The book is appealing to readers because the moral points are important and it is a very heart-warming book that makes people feel better about themselves and want to embrace the spirit of Christmas, which is what Dickens intended.
Saturday, October 26, 2019
Morrison Takeover Safeway Plc
Morrison Takeover Safeway Plc This part of the proposal provides the overview of the study relating to merges and acquisition in UK grocery retailers giants. One of the most maligned antitrust decisions in the history in UK involves acquisition of grocery retailer giant, the fourth largest supermarket Safeway takeover by Morrison in 2004. In 1990s, retail markets throughout the world began to be transformed by acquisition and merges. Many of the worlds largest retailers, particularly in the food and grocery sectors involves and this is to reduce the struggling competition between the leading competitor and positioned themselves to dominate or becomes holders of major market share (wrighley, 2000a, lowe, 2002). However such an event still remain a non-routine and challenging occurrence within the life time of the individual organisation and its members merges and acquisition is still one of the areas of finance which attracted interest from the general public as well as the finance analyst and the managers According to (Glen 2008) said that expanding the activities of the firms through acquisition involves significant uncertainties (Schweiger and Ivancevich, 1985) Rappaport (1998) stated that, the basic objectives of making acquisition is identical to any other investment associated with a companys overall strategy, i.e. to add value. In practise, the motivation for expansion through merges, and the diverse range of issue such as action rises by using discounted cash flow technique. First of I would like to define merges and acquisition:- MERGES- Is used to mean the combing of two business entities which result in common ownership. Merges could be either horizontal integration, vertical integration and conglomerate integration. Horizontal integration, where two companies in the same industry, whose operation are very closely related is combined, that of the case of Morrison and Safeway. One of the motives advanced for horizontal merges is that economic of scale can be achieved, but not all merges achieve such gains or enhancement of market power resulting from the reduction in competition Merges and acquisition can have a profound impact on an organisational member and their family (Hayes,1981) indeed, merges and acquisition can sufficiently transform the organisational structure ,system ,processes and culture of one or both of the firm that people often feel stressed, frustrated and even frightened {Schweiger and ivancevich 1985} Although, the recent retailing revolution in the early 1990s resulted in a number of very significant developments. The grow in size of retailers not only replaced the manufacturers dominance in the supply chain but also eliminated many wholesaler and started the trend towards backward integration of the retailer. in 1990s,there is continued concentration and consolidation in all areas of supermarket sector (Davies and Ward, 2000). The industry structure is characterised by a number of common attributes including greater store size increase in retailer concentration and adoption of a range of formats by retailers to reach as wider as their customer catchment areas. Back in January 2003 Morrison, the mostly north of England based supermarket chain, announced that it had been in discussion with Safeway over a proposed takeover. The takeover would give Morrison access to the market in the south which has been difficult to break into. Morrisons bid to buy 480 stores of Safeway that will put it major competitors for the other big supermarket chains, Tesco, Sainsbury and Asda. The current market share of Morrison as at January 2008 is at 11.4% and make it the smallest of the big four supermarket and behind Tesco (31.5), Asda (16.8) Sainsbury (15.9), but far head off the fifth place Co-operative Group (4.4%).The merges could put Morrison on a par with Sainsbury. After the takeover of Safeway, the Morrison family currently owns around 15.5% of the company. According to Hayes 1981, stated that indeed, merges and acquisition often feel stressed and frustration because of the fear of loosing their job, their family life and the culture that they must have to changes. In light of this economic approach to defining markets and approaches that turn entirely on how customers respond to prices changes. In the u k, following the Wal-marts market entry in 1999, popular perception has focused on Alhoids acquisition with Sainsbury. Indeed, Alhold has regularly been obliged to damp down market speculation on the issue .However, given such a merges, not only would it then faced competing head to head in the UK market with the other supermarkets. Although the competition commission found that little evidence of monopolistic behaviour, the findings indicated both the significance of buyer concentration and the need for voluntary regulation (Cooper, 2003 Dobson et al, 2003) The takeover has not yet gone through smoothly due to the involvement of other potential buyer, including the other main supermarket entering the race. As a result of this, the Competition Commission investigated the issue. The commission found that, of the major supermarkets, only Morrison should be allowed to proceed with a potential takeover of Safeway. However this does not rule out another potential buyer. Phillip Green, billionaire owner of Top Shop and British Home Stores (BHS) has also expressed an interest in Safeway. The commission has recommended that if Morrison is successful in their bid that they will have to sell off some of the stores to ensure that competition is not compromised. Here in UK regulation which is the issue both the land-use planning regulation which restricts the other supermarket Wal-Marts ability to develop ASDA stores at a sufficiently rapid pace to challenge for market leadership and the threats of regulatory action to safeguard competition . UK food retailers makes clear Competition Commission ,2000 Vol. 1 Morrison could safely add significant market share in the southern England, Northern Ireland ,Scotland and Wales without triggering regulatory action. As a result, although Safeway as an operational entity would be unattractive to Wal-Mart, and some of the assets of Safeway certainly would be (Poole et al.,2002) stated that for an attempt to address this issue, similar scenario can be considered in the case of Safeway and Morrison s which has stores with a price-positioning and format ideal for Wal-Mart. Unfortunately Morrisons regional market strength mirror those of ASDA and acquisition of Morrisons operations in west-midlands and Southern would inevitably trigger regulatory action. Morrison with the family-owned regional chain, is likely to want to see that independent maintained or, at least its essence continued, in any link up with larger retailer Morrison has slashed prices on over 800 Safeway products to bring them in line with its prices strategy. After the takeover of Safeway in march 2004, of the leading supermarket chain which owned 479 stores, mainly in Scotland and South of England. The acquisition ran into difficulties caused by the outgoing management of Safeway changing their accounting system just six weeks before the transaction was completed. This results of series of profit warning being issue by Morrison that leads to poor financial results and a need to revert to manual system. Morrison currently has 375 superstores in the UK, this including new store opening by the end of 2007. Until 2004, Morrison superstores were largely concentrated in the English midland and the north of England, but expanded southward, Most of its stores operates home wares with fewer electronic, clothing than the main supermarket rivals. Morrisons strategy is based on doing the basic efficiently, selling predominantly food at lower prices and doing so only from large stores. This is the different approach from the other three big chain, which have moved into service such as banking and insurances, place greater emphasis on non-food In March 2009, after completed takeover of the Somerfield, Morrison purchases 30 stores from the combined group with the commend of the competition commission. This marks the move away from the post-Safeway strategy of concentrating on superstores, to adopt the work in a smaller space of a new smaller store as its aims to have a store within 15 minutes every UK homes According to Thomas (2008) in some circumstances, acquiring management seriously underestimate the complexities involved in merges and post-acquisition integration (Robino and Demeuse 1985) The history of Wm Morrison First of all let me give the history back ground of Wm Morrison. Morrison was founded in 1899 by William Morrison, an egg and butter merchant. In 1958, the company opened its first counter service store in a small town of Bradford, UK. Morrison opened its first supermarket in Victoria, in 1961 and stated trading on London stock exchanges in 1967. The lack of opportunities for the leading UK grocery retailers to increase market share through large-scale organic store development and has made merges and acquisition strategies particular important (Poole et al., 2002) Wm Morrison carryout the expansion programmes and in 1978, the company acquired Whelan Stores and began operating in Lancashire in UK, and opened the distribution centre Wakefield and expanded its operation to include chilled stores and an ambient storages area for produce In 2004 march Morrison takeover Safeway supermarket at à £3bn, this enables them to become the fourth largest retailers and more than double its store presence. In 2007 January, the company gave access to two new in-store recycling services in over 345 store spread across England, Scotland and Wales The media have highlighted the fact that Morrison and Safeway are an ideal geographical fit in that there are no areas of overlap. It was clear from the findings of the Competition Commission that these two companies would not imposed local monopoly and the customers interest would served. The debated concerning each of these bids by different companies, have not simply been financial. The distinctly geographical issues have been very much to the force. First the commentators have talked about geographical fit, not a subject always prominent where, merges and acquisition are debated (Bikini et al 2002). The ASDA and Morrison bids look more promising in term of geographical fit although Sainsburys fit in northern England and Scotland is also good, but the objective was to creates more level-playing field and although of course this bid may not be acceptable to the shareholders of Safeway, especially taking account of the ASDA /Wal-Mart financial packages said to be on offer Safeway stores and therefore present fewer problem of high local market share, and their acquisition of Safeway would leap-frog them above Sainsbury and leave three major players well ahead of the chasing pack (Poole, Clerk and Clerk 2002) 4.1 Empirical reviews In the real world the takeover and merges have several motives behind (Glen Arnold 2008.Buono and Bowditch 2003), among which the following could be associated with the Wm Morrisons takeover 4.1.1 Synergy= which mean the combine entity will have a valve greater than the sum of its part. This increases in valve comes about because of boost to revenue and the cost base when two firms AB are to be combined or gain may result fro synergistic benefit to provide a valve above that of the present valve of the two independent cash flow :- PVAB= pva+ pvb+ gain PVA=discounted cash flow of company A PVB=discounted cash flow of company B PV AB=discounted cash flow of the merged firm Therefore synergy is often expressed in the form 2+2=5 4.1.2 Market share/power==One of the most important forces driving merges is the attempt to increase market power {Alderson 2002}This is the ability to exercise some control over the prices of the products, and this can be achieve through either monopoly, oligopoly or dominant producers position. However, Wm Morrison, this is one of the objectives to gain the market share in the South where it was very difficult to break into and the shareholders valve would be maximised .Its the fourth largest company by sales and the second by market capitalisation, The strong market presence enhances the brand images of the company and provides economic of scale 4.1.3 Economic of scaleAnother important contributor to synergy is the ability to exploit the economic of scale. The larger size often leads to lower cost per unit of out put. In the case of wm Morrison, this is not the main motive of takeover 4.1.5 Financial Performance for six years 1feburary 2009 turnover à £14528m compare to two year after the takeover January 2006 à £12115m. The profit and loss before tax in 2009 February à £655m compare to January 2006 of (à £312.9) The profit after tax in 2009 January à £460m compare to January 2006 (à £250.3) In 2005 immediately after the takeover, Wm Morrison give the profit warning and the share price drop drastically and the turnover was down to à £12116m compare to February2004 and the profit before tax in 2005 was à £193m to ( 312.9) loss in 2006. These are due to the pos-acquisition syndromes and the managements reaction to the takeover of Safeway .The accounting system were changes few weeks before the completion of the acquisition 4.1.6 The market share As of August 2008, according to TNS World panel, Morrison is the smallest of the Big Four supermarkets with a market share of 11.1%. Whilst Tesco, Asda and Sainsburys saw increases in market share from July 2008 of 31.6%, 17.0% and 15.9% respectively. Morrisons saw a smallest sized decrease of 0.2% in the same period There has been a significant amount of empirical research into merges and acquisition and the impact 4.2 The strength and weakness of Wm Morrison 4.2.1 Strength Strong market presence In examining the strength and the weakness of wm Morrison in its operation as the fourth largest supermarket in the UK ,this is to discover that competition in grocery industry in the southern market is intensified ,but Morrison is able to gain the market shares of strong presence in those areas. It serves over nine millions shoppers every week. Strong market presence enhances the brand images of the company Strong geographical presence Poole et al 2002 stated that Wm Morrison has strong geographical presence across the UK, both in superstores and petrol filling station .The company spread across Scotland with 50 stores ,Northern UK55 stores , 20 stores in Wales ,62 and 42 stores in midlands East and midland West respectively . Therefore, because of it geographical presence enhances the companys sale penetration opportunities and gives it a competitive advantages Extensive ranges of food and services The companys fresh food counters offer valve added services including personal advice, cleaning and preparation of fresh meat and fish according to customer s requirement {Troy 2003}Morrisons extensive list of specialized food products and services helps the supermarket chain to differentiate itself with competitors and thereby provides it with an exclusive bran identity Vertical integrated operations A study has been performed by Balto (2001) to examine the uniqueness of the services provided by the supermarket chain. Morrison is the only major food retailers to own and operate fresh food manufacturing and processing facilities. The companys operations are vertically integrated in its food category, which allows it to manufacture, distributed and retail the vast majority of its fresh meat and dairy requirement 4.2.2 Weakness Lack of presence in the online channel Online shopping has steadily grown in popularity in the UK. The amount of money spent online by consumers in the UK increased to à £14.7billion in 2007 Over the next five years online sales are expected to more than triple toà £44.5billion by 2012 (Datamonitor-Uk Retail issues 2008:Time to re-evaluate propositions, BFVT0041,May 2008) With internet shopping rising at a rapid pace, supermarkets are establishing their online sales channel to increase revenues. Asda, Tesco and Sainsbury in the UK have establishing the presence in the internet online shopping, in order to capitalize on this rapidly growing trend towards convenience. However Morrison is yet to capitalize on this trend which limited the companys potential growth opportunities 4.2.3Opportunities Increasing demand for organic products Looking in the real world of the grocery industry, wm Morrison have the opportunities to increase the demand for the organic produces, where the Big Four supermarket chain are real competition , The increasing consumer awareness of health and environmental issue along an increasing resistance towards genetically modified (gm) food products and GM farming. Has led to rapid increase in the demand for organic food (Andrew 2004) Growth in private label market The private label market in the UK is witnessing a strong growth in sales. The UK private label sector is one of the most developed in the world. The valve of the sector is at à £45billon and forecast suggests that this will increase to à £ 52billion by 2011. Morrison has increase its private brand product portfolio over the years (DTI, 2008) 5. Research Methodology The way in which research in conducted is not the easy process of transforming the information into reality, but it need cautious planning exercise which follow the procedures and stages Before commencing the study, appropriate selection of the vital research methodology is essential to ensure that the proposal is in the correct steps. Research methodology is divided into two methods of qualitative and quantitative methods. In some circumstances the two methods are combining together as well depending the nature of the study i.e. multiple method (Litter, et al 2003), Tashakkori and Teddlie (2003) Industrial economist argue that market structure is intrinsically linked to firm behaviour and financial performances (Scherer and Ross, 1999; Martin ,1994) ,which look at the financial performances of the company wm Morrison and the market share above In this research proposal, the quantitative method will be use heavily because of the information provided and as the data resources are secondary data which considered the extraction of data manually from the statistical reports available on the website . Secondary data are used for research projects that were originally collected for some other purposes. It includes both raw data and published summaries. Most organisations collect and store a variety of data to support their operation. Secondary data could be divided into three parts=1. Documentary secondary data, 2.Multiple source of secondary data and third the survey based secondary data. The reasons for the uses of Quantitative method is that, its objective, systemic and orderly way of gathering and interprets the information for the use of the study Quantitative approach is predominantly used as a synonym for any data collection technique such as questionnaire and analysis procedures like graphs or statistic, that generate a numerical data Tashakkori and Teddlie (2003) In contrast, Qualitative is used predominantly as a synonym for any data collection technique such as an interview and analysis procedure like categorising data that generates or use non- numerical data Qualitative therefore can be refer to the data other than words. The qualitative data is very expensive to carryout and costly to undertake. It involve primary data analysis which are gathered from the the interviews, questionnaire, field survey carryout during the research study. The technique of both quantitative and qualitative methods, as maintain earlier, refer to some authors as multiple method (Tashakkori and Teddlie (2003) Also mixed method is the general term for when both qualitative and quantitative data collection techniques and analysis procedures are used in research design. It was argue that multiple method are useful if they provide better opportunities for the users to answer the research question and where they allowed the user to better evaluate the extent to which your research finding can be trusted and make better references 5.1 Empirical question The centre issue is the effect of the big firm merges on competitive pricing, which we sum up in the following question: What are price effects for clients of Wm Morrison and Safeway following merges? Merges can improve consumer or customer welfare by creating efficiencies or decrease consumer welfare by creating conditions conducive to monopoly pricing (Sullivan, 2002:381-3284). Simunic (1980) argues that some segments of the market could be more competitive than others; this could have an impact on the effects of the merges. Also test whether the merges have enabled the brand name firms to pass on any cost saving associated with efficiencies to their clients in the form of reduction in competitive price. Therefore the research question is very important and cannot be overemphasised. It is one the key criteria of the research success will be whether you have a set clear conclusion drawn from the data you have collect the research question is one of key question that the research process will address. These are often the precursor of research objectives. 5, 2 Research Ethics When doing research proposal the ethic should be bear in mind. This is considering the integrity of work as well as to give utmost respect of people and the organisation. In any research undertaken the ethical behaviours should be put into consideration not to offended any one in any manner When using other peoples works and materials for any research, their permission should be obtained or information should be given to them. In some research where the individual permissions are require, ethics play a very important part ,However in this study the research ethics is not very much applicable because the information used are secondary data which is already available in the website and internet Your research design may need to consider the extent to which you should collect data from a research population that is unaware of the fact that they are the subject of research and so have not consented It may be quite a different matter if you are collecting data from individuals, rather than from an organisation. However, there may be a case if you are conducting your research while you are an employee in an organisation and you are collecting data on individual was not disclosed, then this would pose a similar ethical dilemma(Gibb,1995). Conclusion The competition in UK food retail sector has been intensified in the recent years, and the four big supermarkets are competing among themselves. In these aspects, this study has not concluded that there was little evidence of the retailers having adverse effects on the consumer; nor was there significant evidence of the price changes at the wholesale level not passing effectively to the consumer. Traditionally, as UK food retailers have become ever more concentrated and consolidated, increasing levels of power have enabled them to exercise substantial control over the supply chain. In this case study analysed the competition commissions report will do little to stop the trend of expansion, as a means of entry into different market. Recently, there is another merges and acquisition of Somerfield by Co-operative Group which was completed in March 2009. From the recent literature on retail competitiveness and observations made regarding current developments within the competitive environment, it is evident that buyer power will definitely concentrate in the hands of the major retail players .The fact that the retailer are expected to grow their market share by acquiring another companies for them to compete with the others Wm Morrison the fourth big supermarket has this opportunity to expand into the Southern England which was very difficult or not impossible without the takeover of Safeway. During the takeover process many speculators were predicting another foreign takeover and were subsequently surprised by Morrisons unexpected interest
Friday, October 25, 2019
Simmel Sociability Essay -- Sociology
The problem of modern leisure has, throughout the years, been a well-discussed topic among many sociologists. Sociability, in this case, is one of the most universal forms of leisure that will be discussed in this essay. The theoretical framework for this discussion is provided by the sociological insights of Georg Simmel (1858-1918) as he argues that the ââ¬Å"tumult of the metropolisâ⬠(cited in Frisby 1989, p80) creates inner barriers between people and suggests that ââ¬Å"sociabilityâ⬠can surpass this problem. According to Frisby (1989), Simmel states that the city life has transformed the struggle with nature for livelihood into a struggle with other human beings for gain. This is further discussed as Frisby (1989) and Giulianotti (2005) describes how sociability can transcend this problem according to Simmelââ¬â¢s sociability theory. Letââ¬â¢s begin by defining what sociability is. According to Simmel, sociability is ââ¬Ëthe pure form, the free-playing interacting interdependence of individualsââ¬â¢ that is ââ¬Ëfreed from substanceââ¬â¢ (Simmel as cited in Frisby 1989, p.87). It is therefore oriented complet...
Wednesday, October 23, 2019
Diet Plan
The diet plan presented puts a heavy emphasis on protein. High protein diets are typically successful for people who desire to lose weight. However, twenty-five years of nutritional research suggests that high protein diets include higher intakes of cholesterol and saturated fat. Further, nutritional research suggests that overall consumption of fat and sugar be drastically reduced. In order to achieve such a diet, it is necessary to increase overall consumption of whole grains, fruits and vegetables and the same time.Therefore, it is currently recommended that human diets comprise mainly of whole grains, fruits, vegetables and lean meat and dairy. Despite this recommendation, the most popular diet in America remains the low carbohydrate, high protein Atkins diet. The reason this diet is so popular is because it can truly enable human beings to lose weight. The danger in eating according to this, or any other high protein diet, is a lack in adequate nutrition gained from eating a var iety of foods within all food groups.A scientific analysis of this particular diet is offered in order to show that it may enable a person to lose weight but it is not a healthy diet. The main premise behind high protein diets is that they allow a dieter to feel full for a longer period of time. Therefore, it can be assumed that if the dieter felt full they would eat less overall. Restricting overall calorie intake is an important part of any diet plan, but adhering to a high protein diet only ensures that dieters are eating far too much cholesterol and saturated fat and not enough healthy carbohydrates.The diet being analyzed here puts too much emphasis on protein and not enough emphasis on whole grains, fruits, vegetables and lean dairy. For example, almost every lunch and dinner meal includes eggs or meat. While eggs and meat are certainly healthy, they should not make up the majority of any diet. Further, the diet being analyzed includes some fruits and vegetables but not enough servings to reach recommended guidelines. There are many days where fruit is not included at all within the diet. Similarly, a variety of fruits and vegetables are not included.The emphasis on vegetables is carrots and lettuce with a few servings of spinach and one serving of broccoli. There is not an inclusion of any whole grains with the exception of toast for breakfast on one day. However, it is not clear what type of bread is used for the toast. Finally, there are only two examples of low fat dairy included in the diet plan, which are cottage cheese and yogurt. It has been well documented that human beings must rely on a well balanced diet that includes lean protein as well as enough servings of other foods so that adequate vitamin and mineral intake can be maintained.Plant based foods are particularly important because they contain the majority of vitamins, minerals and trace elements necessary to maintain good health. Plant based foods also contain a wide range of antioxidant s which boost the overall immune system and protect humans from certain illnesses and disease. Therefore, research emphasizes that a healthy diet ââ¬Å"prevents nutrient deficiencies, reduces risks of diet related chronic diseases and is composed of foods that are safe and palatable. â⬠The diet plan analyzed here is lacking in several areas.The first is the high concentration of protein. Consuming such high amounts of protein does meet the goal of making a person feel fuller for a longer period of time. At the same time, it also restricts the amount of other foods that are eaten. In order to prevent nutrient deficiencies and reduce the chance of chronic illness this diet would need to include a much higher concentration of plant based foods such as fruits, vegetables and those made with whole grains. Further, the food one eats must be palatable in order to ensure success.This diet relies on the same foods over and over again which will only result in boredom and the inability to stick with the diet. Overall, the diet should include a wider variety of foods from all food groups in order to ensure adequate nutrition as well as the desire to continue with the diet for the long term. The United Kingdom relies on the Dietary Reference Values for Food Energy and Nutrients when showing the importance of eating a wide variety of foods in order to get enough of all the recommended vitamins, nutrients and trace minerals necessary for health.These guidelines are published in order to ensure that the majority of the population understands what they need to consume in order maintain good health. This diet does not meet these guidelines in many areas and cannot be considered a healthy and safe diet. For example, these guidelines recommend that adults consume at least 200 micrograms of folate every day for optimum health. However, folate is primarily found in plant based foods. This diet does not include enough plant foods to ensure adequate intake of folate.Similarly , these guidelines recommend that adults consume at least 600 micrograms of Vitamin A each day. Again, this diet includes carrots, which is a good source of Vitamin A, but only on a few days. Therefore, those following this diet plan would also be lacking in Vitamin A. Ultimately, this diet plan can guarantee weight loss but it cannot guarantee optimum health. It would be recommended that dieters consume less protein and more whole grains, fruits, vegetables and lean dairy.
Tuesday, October 22, 2019
is it wrong to kill essays
is it wrong to kill essays During the past quarter century Abortion, Capital Punishment, and Euthanasia have been very controversial subjects in the United States. These methods are ineffective as well as cruel and immoral. They are power over life and death, and they touch some the deepest feelings in human beings. Thomas Jefferson states in The Declaration of Independence states all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the Pursuit of Happiness. This country was founded on these principles and it is every Americans duty to preserve human life. In 1973, the Supreme Court passed Roe vs. Wade, which legalized abortion in the United States. Today roughly, a quarter of all pregnancies end in abortion. In 1998, there were nearly 1.2 million abortions reported to the Center Disease Control. According to Pro-Life advocates the unborn child, is no less a human being than his/her mother is and has an inalienable right to life, and abortion must be prohibited or at least sharply restricted. When a women choices to abort an unborn child, not only is she ending the life of an unborn child, she is putting herself at risk as well. Studies show that more than 10 percent of women undergoing an abortion suffer immediate complications, and one fifth of those are considered life threatening. Aborting mothers suffer many psychological effects as well, such as nightmares, hysterical outbreaks, and feelings of immense guilt and fear of punishment from God. Purely biologically speaking, it is undeniable that the fetus is a human. At the momen t of conception, the fetus has a DNA that is different from his/her mother. If doctors measure the end of life by brain death, wouldnt it be reasonable to measure the beginning of life by brain life. As early as six weeks, an unborn babys brain waves can be recorded. Some may ar ...
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