Tuesday, February 25, 2020

How was the ideology of the Progressive Era different from that of the Essay

How was the ideology of the Progressive Era different from that of the Gilded Age Compare the two, consider business regulation - Essay Example The American industrial revolution peaked during the Gilded Age as large labour pools were available. Miners, ranchers, farmers and African Americans moved to the cities and provided cheap and abundant labour. Innovators such as Bell and Edison saw rapid progress and innovation. This led to the formation of companies that could not be overseen directly by a business owner. The railroad industry’s expansion demanded that a formal, well regulated management system be put into place. New large corporations began to emerge. Banking and stock selling were utilised to generate the large revenues required to finance the new industrial mammoths. The railroad industry expanding into the West required $16,000 per mile of track. This level of financing could not be met with by one investor or a group of large investors. Finance was generated using new corporate structures. Corporate organisations such as â€Å"gentlemen’s agreements†, trusts and holding companies began to d ig deeper into the market for monopolistic control. Eventually the holding companies overran the trusts. A new class of robbers barons emerged who were robbing the common man but presented themselves as devout philanthropists. Industry slipped into the hands of the financing wizards. Finance gurus such as J. P. Morgan utilised oversold stock to reinvigorate businesses and Morgan eventually became â€Å"America’s greatest financier† representing his power of the field of finance. Monopolistic associations began to emerge such as Morgan, Schwab and Carnegie’s steel business, Rockefeller’s oil business and the American Tobacco Corporation. Wealth began to accumulate in the coffers of a select few. Labour was both abundant and cheap. Women and children were the least paid and overworked. While the average pay was just 400-500 USD but the minimum sustenance was 600 USD. Working conditions were unsafe, working hours long and job security absent. A wave of immig rants from Asia and China exacerbated matters. Trade unions could not be materialised because the diverse ethnicities found it hard to work together for their rights. Multiple small and ineffective labour unions emerged. Events such as small, sparse and uncoordinated protests were the only achievements of the early trade unions. On the other hand, the Progressive era was dominated by the wish and will to reform the corrupt and discriminatory system. The Progressive surge was led by the rising middle class. Professional development in specific fields in urban centres encouraged a class of organised and determined people to emerge. Professionals such as doctors, lawyers, professors, teachers and architects formed organisations to defend and project their interests. The enrolment in college went up by some 400% between 1870 and 1920. Similarly, the ranks of the professional class rose from 750k to some 5.6 million people. The emergence of a professional class with their own organisatio ns presented the emergence of new interest and pressure groups. However, these groups were actively lobbying for reform in the government and industry which they saw as corrupt and discriminatory. Most progressives were looking for ways to clamp down on â€Å"laissez faire† so that governmental control could be introduced. Large corporations were seen as an active threat. The hoarding of half of the nation’

Friday, February 21, 2020

CASE ANAYLSIS Essay Example | Topics and Well Written Essays - 500 words

CASE ANAYLSIS - Essay Example The workers and American went through a strike in 1997. The second stage is perception of conflict where substantive or emotional differences are sensed. For American, this was in 1998 when the American union found that the management was placing more passengers on Canadian Airlines with which they had entered into an agreement under ‘OneWorld’ than was agreed upon with the union members and the pilots protested by stepping away from volunteering overtime hours. The third stage is described as situation where the need to act becomes paramount. For American, this was highlighted by the clash in 1999 where American integrated RenoAir without closing the deal with the union members. This led to a deliberate attempt by pilots to halt work as they called in sick and went on a strike lasting for ten days. This created a breeding ground for further agitation and dissatisfaction. The union claimed that the company was slowing down the integration process so that they could conti nue paying Renopilots at previous wages which were less than those paid to American pilots. The fourth stage is that of conflict resolution/suppression and the aftermath. This was manifest in the American case when the airline suffered huge losses from the strike and brought a suit in court. U.S. District Judge Joe Kendall of Dallas issued a temporary restraining order against the union and held two of its leaders in contempt for reinforcing the protest. Eventually, the strike ended and work was resumed. The direct conflict management techniques are embedded in the acts of assertiveness and cooperativeness. The former is the attempt to satisfy one’s own concerns by expressing while the latter is to satisfy the concerns of the other party. The example of the workers agreeing to labor concessions and overtimes during difficult times of low profits or acceding to

Saturday, February 8, 2020

Analyzing Multiple Perspectives of ethical Dilemmas Essay

Analyzing Multiple Perspectives of ethical Dilemmas - Essay Example Here comes the question of ethics. Although, all branches in science have equal standing in terms of importance of ethics in their study and exploration, biology has been more prominent in this regard since it deals with the study of life itself; thus, engulfing the existence of plants, animals and most importantly, man himself. Therefore, bioethics, as it is widely known can be precisely come under definition as the discourse of the controversies with regard to the ethical dilemmas, which arise in the scientific study of life and living beings. The ethical dilemmas in the field of biological research and development are quite numerous. Like in other discourses, these dilemmas open themselves to multiple perspectives and schools of thought and therefore are an enriched field to study. Here, the paper will include a few such dilemmas that have been a pressing concern for bioethicists these days and will include study of various perspectives on them. A very popular and most discussed d ilemma in biology is that of cloning. Many scientists and scholar see cloning as a way to extend life in cases where survival is endangered (Brannigan, 11).

Wednesday, February 5, 2020

EC 417 Essay Example | Topics and Well Written Essays - 1500 words

EC 417 - Essay Example He stresses the point that economists and the World Bank which he represent, have great concerns about improved standards of living for poor countries which would enable people in villages like Gulvera to live better. This Easterly (2002) indicates would prevent them from being hungry and diseased. He indicates that increases in GDP per capita would translate into rising income for the poor, lifting them out of poverty. Easterly (2002) then uses the situation in Lahore to look at a number of problems facing the poorest countries compared to the richest. These include infant mortality, diseases and nutritional deficiencies. Easterly (2002) also provides an explanation of the higher infant mortality rates and provides information on the low cost per dose of oral rehydration and vaccination that would prevent these deaths and diseases; and exclaimed that despite the low cost, the extent of poverty is significant. Easterly (2002) sought to emphasize the point that wealth has positive imp lications for one’s health and indicates that findings suggest a relationship between infant mortality and economic growth which implies that the high death rate of infants in Africa in 1990 could have been prevented if the standards of living in was just a little higher than it was. In terms of assessing the poorest of the poor the Easterly points to how they are treated in the poorest countries of the world by the poor themselves and how they are described. Some of the countries mentioned are Tombouctou, commonly referred to as Timbuktu in Mali which is one of the poorest countries in the world and where a 1987 survey showed that 41% of children die before reaching age five. Easterly (2002) also gives some startling statistics on the calorie intake of the poorest 5th countries and the richest 5th countries, and notes the absence of famine in the richest countries while a 1/4th of the poorest countries faced famines in the last three decades. Easterly also looked at the oppr ession of the poor worldwide, child labor which is ignored in 88% of the countries, child prostitution and the oppression of women which takes many forms including wife beating in Jamaica. Easterly (2002) then provides a definition of poverty as: â€Å"that part of the population with incomes below $1 per day†. Easterly (2002) stresses the point that a fast growth rate will lead to fast poverty reduction as economic contraction goes along with increased poverty. Easterly (2002) also gave examples of poverty increasing significantly with severe recession in countries in West Africa as well as the effects of economic growth and economic contractions in Asia. Easterly also points to World Bank statistics that found that a change in the average income of a society led to a proportionate change in the poorest 20% of the population and suggests that the poor could improve their standard of living through the redistribution of income and economic growth. In concluding the Chapter Ea sterly points to the quest of improving the welfare of poor and re-emphasizes the importance of this to the next generation. Chapter 2 – Aid for Investment Easterly starts with a quote, this time from Shakespeare’s â€Å"Two Gentlemen of Verona† as to how something becomes a habit. The focus this time was on