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Social Capital Autobiography
Capital Autobiography
A sociologist defines capital as the assets and individual has that they use for social benefit. This concept of social capital creates a structure that is
carried on from generation to generation. A lack of capital can severely inhibit someone's college experience, because with insufficient finances, and an
inability to network an individual may not be getting the ideal college experience. Financial capital is the amount of wealth and physical assets
someone has. I personally come from a lower income household; my mother is on disability and I rely heavily on aid from the government in order
to continue my education. Financial capital is said to be the monetary value an individual is able to use on situations that will further increase other
forms of capital. It is both reasonable and important that I continue trying to build my financial capital and I can do so by putting any extra money I
come across into my bank accounts in order to collect interest and continue to grow. ... Show more content on Helpwriting.net ...
My social capital has a steady foundation already and it benefits me greatly here at University by increasing the number of people I know and relate
to which will in turn help me have multiple career opportunities upon graduation. By knowing numerous people in the field I am studying I am able
to form relationships and bond with others that will later help me network and reach out to people and better my career. My personal level of social
capital has the potential to grow and it is very important that it does, the longer I spend here at Sam Houston State University the more people I will be
able to communicate with and establish relationships
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Professional Capital Teaching
In the book Professional Capital: Transforming Teaching in Every School renowned educators Andy Hargreaves and Michael Fullan set out to
transform the future of teaching and public education by proposing the idea and importance of investing in Professional Capital. According to
Merriam–Webster dictionary,capital is defined as "Relating to or being assets that add to long–term net worth." The notion of Professional Capital lies
upon the integration of three kinds of capital – human, social, and decisional. This book provides powerful and evidence–based action guidelines for
classroom teachers, administrators, schools and districts, and state and federal leaders on how Professional Capital can transform the future of teaching
and public education. ... Show more content on Helpwriting.net ...
Many emergency licenses have been granted to people across the state to fill positions in need, especially in rural areas. There has also been a
movement to hire "community experts" in place of skilled, qualified teachers who possess at minimum a four year degree in the areas of teaching and
learning. This book offers many arguments against ways in which North Dakota's Department of Public Instruction and Education Standards and
Practices Board is proposing adjustments to aid this crisis. It has been quoted by a board member on the Teacher Shortage Task Force that "someone is
better than no one" in the classroom. Andy Hargreaves and Michael Fullan would argue that North Dakota could have a greater return on Professional
Capital making greater investments in education by finding strategies to retain its current teachers and perhaps offering incentives to potential
prospects entering the field. Political leaders must demonstrate a greater respect for teachers, instead of settling on a solution where teachers are left
feeling as though their leaders and the public are comfortable filling their positions with unqualified community
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Capital Budgeting Definition : Capital Management
Capital Budgeting Definition Most little to medium measured organizations have no clue how to approach capital ventures. They regard it as
though it were a working spending plan choice instead of a long haul, vital choice that will affect their income, productivity of their day by day
operations, pay explanation, and assessable pay for a considerable length of time to come. They require your help understanding the significance of
and after that settling on the right capital planning choices. Capital planning choices identify with choices on regardless of whether a customer ought
to put resources into a long haul venture, capital offices and/or capital hardware/apparatus. Capital spending plan choices majorly affect a company 's
operations for quite a long time to come, and the littler a firm is, the more noteworthy the potential effect, subsequent to the venture being made could
speak to a significant percent of the company 's advantages. Capital Project Examples Capital undertakings are typically recognized by practical
needs or opportunities, albeit numerous are likewise distinguished as a consequence of danger assessment or vital arranging. Some regular long haul
choices incorporate regardless of whether to: Buy new office hardware, autos or trucks; Add to or revamp existing offices, including the buy of new
capital gear/hardware; Expand plant or process operations; Invest in offices for another product offering or to extend administrations;
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Capital Disciplinement And Capital Punishment
Some say capital punishment is the largest amount of discipline. As indicated by 71% of the United States there is no harsher discipline than death
itself. 58 nations hone capital punishment. The United States of America, is one of the 58. Starting at 2015 the United States will just utilize capital
punishment if indicted first–degree kill. Some trust that death penalty will prevent killers. I will be contending that capital punishment does not stop
lawbreakers and that the United States ought to cancel this ihumane type of discipline.
Before I make my side of the contention, Here is some foundation data on the death penalty. The death penalty was brought over from Britain, when the
establishing fathers pronounced autonomy. Europeans gave capital punishment for different violations. The primary recorded execution in America
happened in Jamestown, 1608. A man named George Kendall was executed for conspiracy. In the prior provincial days, laws with respect to the death
penalty differed relying upon the district and the idea of the wrongdoing.
Amid the nineteen century, capital punishment changed drastically. Around this time capital punishment began to lose prevalence. Expresses never
again dedicated open executions. All executions were done in private. Pennsylvania was the principal state to receive this pattern. Inevitably a few
states abrogated capital punishment all together. In current circumstances, fourteen out of fifty expresses never again complete capital
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Professional Capital : Transforming Teaching
In the book Professional Capital: Transforming Teaching in Every School renowned educators Andy Hargreaves and Michael Fullan set out to
transform the future of teaching and public education by proposing the idea and importance of investing in Professional Capital. According to
Merriam–Webster dictionary,capital is defined as "Relating to or being assets that add to long–term net worth." The autho 's notion of Professional
Capital lies upon the integration of three kinds of capital – human, social, and decisional. This book provides powerful and evidence–based action
guidelines for classroom teachers, administrators, schools and districts, and policital leaders on how Professional Capital can transform the future of
teaching and public education. The authors' collaborative research began by exploring the future of education and the teaching profession. Through their
research, they swiftly concluded a vast majority of people shared the notion that the most important factor that effects student learning is the quality of
the teacher. Andy Hargreaves and Michael Fullan continued to take a closer look at how one can maximize the cumulative effect of many quality
teachers over time, and the favorable lasting impact this would have on the education of students for many years to come. The ultimate goal of
Professional Capital is to increase human capital or the individual teacher's talents, skills, and capabilities. However, this human capital needs to be
distributed and
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Cultural Capital
Whether you may know it or not, we will all possess some type of capital in our lives. Capital is everywhere, and is a wide–ranging idea that is
beneficial to a society and people alike. There are many types of capital; however, Cultural capital and Social capital are two common types of capital
that have been studied by Sociologists for decades. Cultural capital refers to non–economic things like skills and arts, and social capital refers the
benefits of social networks. In my life, I currently possess both cultural and social capital. My cultural capital mostly comes from my education.
After almost 12 years of schooling, I have learned many things, however, my cultural capital does not come from the actual knowledge itself, but
from the skills I have developed by growing up in a public school and in a generally urban city. I have learned skills as a child such as how to read,
write, and speak, which are the most important skills to develop for children. But other than these manifest functions, I have also developed latent
functions such as knowing how to socialize, how to study, and even how to dress. These things were intended for me to learn, however, they were
never exactly taught to me in my years of schooling. If things similar to these were taught in schools, it ... Show more content on Helpwriting.net ...
Ever since middle school, I have been taking advanced classes. Taking these advanced classes classify me, as well as the others in these classes, as
being a capable minded student looking towards college. This puts us in a subculture at our school in which we all share common values of our
education. Taking these advanced classes also shows to others that we are dedicated students to our education, and have benefited us when applying to
college or for jobs. These benefits also extend out to receiving scholarships, as the advanced students are more likely to receive certain scholarships that
other students may not be available
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Cultural Capital And Inequality
Cultural capital and field results in inequality for a number of reasons. Cultural capital has to do with capital resources such as skills learned and
specific knowledge pertaining to certain subjects. It also has to do with skills and behaviors learned at home. Field has to do with a social institution
such as a school. These two things result in inequality because of the way children are brought up and how involved they are in social institutions.
When a child is involved in a multitude extracurricular activities, they are more likely to succeed in school because they have a more stable schedule
and not as much free time so they are forced to learn time management. Often times schools favor middle class cultural capital because middle class
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Capital Punishment
Criminal law is imposed by almost every nation in the world to reduce crime rate and maintain law and order of the society. An individual who found
guilty of a crime will have to face corresponding punishments. Among all penalties, capital punishment is considered to be the most severe and cruelest
one which takes away criminal's most valuable right in the world, that is, right to live. It is a heated debate for centuries whether capital punishment
should be completely abolished world widely. The world seems to have mixed opinion regarding this issue. According toAmnesty International (2010),
currently, 97 countries in the world have already abolished capital punishment while only 58 nations still actively adopt death penalty.... Show more
content on Helpwriting.net ...
Unfortunately, this kind of misjudgment can never be reversed in pair with capital punishment. Even if the innocent is proven to be not guilty in the
future, no one is able to return his or her life back to the body. No matter what compensation the nation could offer afterwards, it will never result in
fairness and equality. Therefore, capital punishment should be abolished to prevent those innocent people from horrible unfairness.
Last but not least, from a sociologic perspective, capital punishment does not work as intended, to deter crime rate, rather, it might brutalize
individuals, at the same time does nothing good to the victim's family other than brutal vengeance. The origin of death penalty is served as a vehicle
to put a warning for those potential future criminals that such kind of behavior will lead to death. However, so far, no clear evidence can be seen that
capital punishment, as a mechanism of deterrent, actually cut down the local crime rate. Ironically, a reversal trend was found by Death Penalty
Information Center (2010) in the USA that the death penalty leads to an increase in local murder rate. To die might be too easy for the mindless
murderers. Also, for the relatives or friends of criminals put into death through capital punishment, they are more likely to be
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Venture Capital
Venture capital
Venture capital (also known as VC or Venture) is a type of private equity capital typically provided to early
–stage, high–potential, and growth
companies in the interest of generating a return through an eventual realization event such as an IPO or trade sale of the company. Venture capital
investments are generally made as cash in exchange for shares in the invested company.
Venture capitaltypically comes from institutional investors and high net worth individuals and is pooled together by dedicated investment firms. A
venture capitalist (also known as a VC) is a person or investment firm that makes venture investments, and these venture capitalists are expected to bring
managerial and technical expertise as well as ... Show more content on Helpwriting.net ...
By far Whitney 's most famous investment was in Florida Foods Corporation. The company developed an innovative method for delivering nutrition to
American soldiers, which later came to be known as Minute Maid orange juice and was sold to The Coca–Cola Company in 1960. J.H. Whitney &
Company continues to make investments in leveraged buyout transactions and raised $750 million for its sixth institutional private equity fund in 2005
Early venture capital and the growth of Silicon Valley
One of the first steps toward a professionally–managed venture capital industry was the passage of the Small Business Investment Act of 1958. The
1958 Act officially allowed the U.S. Small Business Administration (SBA) to license private "Small Business Investment Companies" (SBICs) to help
the financing and management of the small entrepreneurial businesses in the United States. During the 1960s and 1970s, venture capital firms focused
their investment activity primarily on starting and expanding companies. More often than not, these companies were exploiting breakthroughs in
electronic, medical or data–processing technology. As a result, venture capital came to be almost synonymous with technology finance.
It is commonly noted that the first venture–backed startup is Fairchild Semiconductor (which produced the first commercially practical integrated
circuit), funded in 1959 by what would later become Venrock Associates. Venrock was founded in 1969 by Laurance S.
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Social Capital
Assignment #2 Questions 1
A.Why is organizational membership considered a form of social capital?
In short, social capital is "the social knowledge and connections that enables people to accomplish their goals and extend their influences."(1) When
joining an organization, members are optimistic of achieving social capital. They aspire to connect with others who have similar interests and strive to
influence citizens of their beliefs and views. Members have high hopes to one day make a difference.
For instance, take PETA. PETA stands for People for the Ethical Treatment of Animals. Their slogan is "Animals are not ours to eat, wear, experiment
on, use for entertainment, or abuse in any other way." (2) Through social capital what was once ... Show more content on Helpwriting.net ...
In 1963 Milgram had his assistant demonstrate authority. Milgram chose teachers at random to administer electric shock to learners (Milgram's
colleagues). The learners were to mesmerize parts of words, if mistakes were made, the teachers were to administer electric shock with the touch of a
button. More mistakes, led to higher voltage. The learners began to scream and cry out as the voltage increased. Even though the teachers faced moral
dilemmas, when Milgram's assistant told them to continue over half of the teachers continued increasing the voltage until the learners were presumably
dead. (1)
Stanley Milgram's experiment revealed that average citizens feel pressured to conform, when faced with individuals of higher authority. Citizens will
conform even when faced with individual morality. Take for example the Nazis. Under the leadership of Adolf Hitler (1889
–1945), the Nazi Party,
grew into a mass movement and ruled Germany through totalitarian means from 1933 to 1945. (2) Hitler believed that German people were the purest
of the Aryan race, and were therefore the master
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Role of Human Capital in Economic Development
CHAPTER ONE INTRODUCTION
a) BACKGROUND
Kenya is one of the less Developed countries that are endowed with relatively good levels of resources and labor. However, there are still a lot to be
done to tap those resources into viable productivity and industrialization levels. One way of achieving this is by maximizing the use of both physical
and human capital. In or case we shall consider human capital. Human capital, according to Adam Smith refers to the acquired and useful abilities of
all the inhabitants or members of the society. The acquisition of such talents by the maintenance of the acquirer, during his education, study or
apprenticeship, always costs a real expense, which is a capital fixed and realized, as it were in his ... Show more content on Helpwriting.net ...
This paper therefore seeks to determine if, indeed, human capital has been the factor that has caused a rise in economic growth and development in east
Africa. c) RESEARCH QUESTIONS
пѓ What is the role of human capital in economic development in east African countries?
пѓ Is healthy human capital and other non economic inputs are part of the determinants of economic growth in east African countries?
d) OBJECTIVES OF THE STUDY
пѓ To find out the role of human capital in economic development in east African countries.
пѓ To determine whether healthy human capital and other non economic inputs are part of the determinants of economic growth in east African
countries.
e) SIGNIFICANCE OF THE STUDY
This study is seeking to establish the relationship between human capital and economic growth and development in east Africa. By so doing, we will be
able to know with certainty whether human capital is actually one of the reasons for economic growth in east Africa, in which case the findings will be
used to establish the right proportion of human capital needed to mix with other economic inputs so as to facilitate sustainable economic development
in the region. It also gives an indication of the possible way to rate human capital against other
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Capital Rationing
Internal capital rationing
Impositions of restrictions by a firm on the funds allocated for fresh investment is called internal capital rationing.
This decision may be the result of a conservative policy pursued by a firm. Restriction may be imposed on divisional heads on the total amount that they
can commit on new projects.Another internal restriction for capital budgeting decision may be imposed by a firm based on the need to generate a
minimum rate of return. Under this criterion only projects capable of generating the management's expectation on the rate of return will be cleared.
Generally internal capital rationing is used by a firm as a means of financial control.
Capital Rationing
Theoretical Background
When ... Show more content on Helpwriting.net ...
However, a limitation to using the profitability index is that the method assumes that the capital rationing constraint only applies to the current period
and is only useful when selecting amongst relatively few projects.
In contrast, when capital rationing constraints occur over multiple periods and when there are numerous projects, Baumol and Quandt (1965) suggest
that mathematical programming may be used to evaluate investments. The linear programming technique is widely used as the model is specifically
designed to search through combinations of projects achieving the highest NPV whilst subject to a budget constraint. However, Brealy et al (2008)
note that a main disadvantage to using linear programming may be the models can be highly complex and costly.
Empirical Evidence
Several U.S. surveys examine capital rationing in the overall investigation of the capital budgeting process. The following conclusions have been
reached with regards to prevalence of capital rationing, the dominant causes and tools used in capital rationing analysis.
Prevalence of Capital Rationing
Empirical evidence indicates that capital rationing is prevalent amongst firms. It was concluded that between 50 and 75% of firms operate under the
capital constraint as found by Fremgen (1975) and Petty, Scott & Bird (1975). Further support for this notion was found
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Human Capital
Education and wellbeing are fundamental targets of improvement; they are imperative closures in themselves. Wellbeing is key to prosperity, and
education is crucial for the delightful and compensating life; both are central to the more immense thought of extending human limits that lie at the
heart of the importance of improvement.Not one person has accomplished sustained economic improvement without generous interest in human
capital. The aspect and importance of human capital in moving the tread of economic growth can't be embellish. The advancement of human capital
has been perceived by financial analysts to be a key necessity for a nation's financial and political change. Therefore Human capital alludes to the
information, ability sets... Show more content on Helpwriting.net ...
As I would like to think, I trust that; As more individuals are utilized, the measure of capital expands, training levels increment, the nature of capital
changes, or the innovation builds, the profitable limit of the economy increments. In this manner, the economy can build its yield giving customers
more dispensable cash flow, advancing an expansion in utilization spending, and giving assets to business to use for further venture and government to
use to give open goods and services.Expanded work effort interest builds yield. Extended, enhanced education makes more beneficial laborers.
Business and government spending on innovative work improve our capacities to create and permit every specialist to wind up more beneficial,
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Capital Budgeting
Week 4 Discussion Question 1b Introduction Capital budgeting is one of the most crucial decisions the financial manager of any firm is faced
with...Over the years the need for relevant information has inspired several studies that can assist firms to make better decisions. These models are
assigned so that they make the best allocation of resources. Early research shows that methods such as payback model was more widely used which is
basically just determining the length of time required for the firm to recover the outlay of cash and the return the project will generate. Other models
just basically employed the concept of the time value of money. We have seen that more current models are attempting to include their analysis factors
that... Show more content on Helpwriting.net ...
Practical problems associated with the Cash Flow estimations Several decision makers have criticized the cash flow estimations as they simply do
not agree with the decisions they have arrived at from the use of the models. Since there are uncertainties involved in terms of estimates of cash
flows some managers become reluctant to use this method as a part of their decision making process as the calculations are far in the future.
Therefore, they will take into consideration the near term cash flows. Other managers may have predetermined notions about which project to adopt
and may therefore play with the numbers to achieve a desired result (Brealey, 1984). This can be a problem as the results they receive are not from
faulty models but from the manager's inappropriate inputs into the models. Another area of concern is the selection or choice of discount rate
(Cooper et.al, 2001). For example if they use an inappropriately high discount rate then this could yield high hurdle rates or conversely if the rate is
too low it yields lower rates. What Cooper recommends is the use of a discount rate that reflects the firms true cost of capital which is sound theory of
finance advice. Thus, the best to worst case scenarios should be employed to analyze the best possible decision. When the discounted rate includes
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Human Capital Theory
According to Csintalan and Badulescu (2015), human capital refers to a stock of skills, knowledge, creativity, social and personality attributes,
qualification of a worker (innate or acquired) that contribute to its productivity and ability to produce economic value (p. 668). Human capital is an
impalpable quality that is not possessed by the establishment employing the workers, but rather renting these competencies from the employees. These
rented skills may be the most valuable assets needed to support educators in an educational organization. For instances, education has the teacher as
employees, and some of the skills necessary in the classroom are patience, adaptability, teamwork, communication, and leadership. The skills described
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I believe and trust that my human capital framework can empower educators to build skills and competencies needed to deliver exceptional teaching
and learning in the classroom.
Costa, A., & Kallick, B. (2015). Building Teacher Capacity. Retrieved from http://www.teachthought.com/pedagogy
/the–complex–needs–and–characteristics–of–a–great–teacher/
Csintalan, C., & Badulescu, A. (2015). Education and Human Capital as Engines for Economic Growth. A Literature Review. Annals Of The
University Of Oradea, Economic Science Series, 24(2), 665–673.
Ingersoll, R. M., & Smith, T. M. (2003). The wrong solution to the teacher shortage. Educational Leadership, 60(8), 30–33.
Myung, J., Martinez, K., & Nordstrum, L. (2013). A Human Capital Framework for a Stronger Teacher Workforce. Advancing Teaching
––Improving
Learning. White Paper. Carnegie Foundation for the Advancement of Teaching, 1
–43.
Schuler, R. S., & MacMillan, I. C. (1984). Gaining competitive advantage through human resource management practices. Human Resource
Management, 23(3),
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Essay On Cost Of Capital
Cost of Capital
Introduction
This paper examines key elements of a cost of capital policy to facilitate objective management and allocation of corporate funds. In order for a
company to make long–term investments to grow, whether that is new equipment, new products or other assets, managers must be aware of the cost of
acquiring any of these assets. The obvious objective for these managers is to earn more than the cost of capital and in doing so will increase their
company's market value. If they fail to adequately estimate their cost of capital and their long–term investments fall beneath the cost of capital, their
company's market value will decline as a result. This ongoing battle of managing and calculating the cost of capital and ... Show more content on
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The greater predictability of the dividend policy normally signals a lower risk factor associated with the company which in turn lowers the overall
WACC resulting in lower cost of capital. If the company is erratic on how they payout their dividends, they could face an adverse reaction to risk
which would raise their WACC and cost on capital.
The last factor that is discussed under a controllable situation is investment policy. When company is consistent in their investment decisions, it is
assumed that they are all relatively similar in degree of risk. However, when companies change their investment policy with either less or more risky
investments the cost of debt and equity change accordingly. Managers need to take this into account when looking at the overall cost associated capital
ensuring that the company is not paying more than what is necessary. Uncontrollable:
While managers can control some factors relating to the cost of capital the two more prominent factors that are uncontrollable are the levels of interest
rates and the tax rates. When interest rates increase it affects the economy as a whole and increases the cost of debt, which increases the cost of capital.
The tax rates on the other hand affect the after–tax cost of debt. As these rates increase, the cost of debt decreases and brings down the cost of capital.
Managers are aware of
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Capital Punishment
Capital Punishment
Murder, a common occurrence in American society, is thought of as a horrible, reprehensible atrocity. Why then, is it thought of differently when the
state government arranges and executes a human being, the very definition of premeditated murder? Capital punishment has been reviewed and studied
for many years, exposing several inequities and weaknesses, showing the need for the death penalty to be abolished.
Upon examination, one finds capital punishment to be economically weak and deficient. A common misconception of the death penalty is that the cost
to execute a convicted criminal is cheaper than to place a convict in prison for life without parole. Due to the United States judicial system, the process
of appeals, ... Show more content on Helpwriting.net ...
Whatever they need, they can get (Cummings).
In addition to being racially prejudiced, capital punishment places innocent lives at risk. Recently in Chicago, a black man was released from death
row after nearly sixteen years in prison. This man, Anthony Porter, came within two days of receiving a lethal injection, until the courts finally
agreed hearing on his mental capacity. Porter was very lucky to receive an excellent attorney who managed to prove that Porter was innocent and
led the police to a prisoner in Milwaukee who confessed (Kile). This shows the importance of the appeal process found in the courts, which serve to
protect the lives of innocent citizens of the United States of America. A writer for The Christian Century writes, "Porter's case brings to light the
very real danger that overzealous prosecutors, sloppy legal work and poor legal defense teams will send people to their deaths for crimes they didn't
commit," (Kile). If Porter had an equipped defense attorney from the start, he would never have been to prison and nearly killed. Ryan Cummings
of The Economist observed that more crimes are punishable by execution, more states have adopted the death penalty and the appeals process has been
shortened. The overall expansion of capital punishment endangers innocent lives. Cumulatively, there is now less time and fewer tools to save innocent
men and women
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Capital Budgeting
geting1.0 INTRODUCTION Capital budgeting plays an important role in a firm's financial management, the selection of a project is of great
importance because it required a very large capital expenditure which will have a significant impact on the financial performance of the firm. Therefore
a mistake in capital budgeting process by a firm will cost them a long period of time. Capital budgeting can be defined or seen as a designed process
which involves management of available resources to select long time investments that will generate high return on the investment of those resources,
Brealey, R. A et al (2006). Companies are into businesses with the main aim of making profit, therefore, it is vital for companies to know how to
evaluate ... Show more content on Helpwriting.net ...
International trade involves transactions between two countries and this can only be done with the use of exchange rate, for example an exchange rate
of 3.650 Malaysia Ringgits to United State Dollar signifies that 3.650
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The Regulatory Capital Is The Minimum Amount Of Capital
Q1
(a)
The regulatory capital is the minimum amount of capital that the financial regulator required the banks or the financial institutions to hold (Elizalde &
Repullo, n.d.). It is used to help to avoid to risk and reduce the losses that we may have but can't forecast. ("Bank Regulatory Capital – Quick
Reference", 2016). The figure of the financial capital is directly set by the financial regulators. The balance sheet capital is the equity part that we
recorded on the balance sheet. The regulatory capital is like a standard that all the financial institutions have to achieve. The financial institutions must
maintain their capital amount over the minimum amount that the financial regulator required (Elizalde & Repullo, n.d.). However, the ... Show more
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In 1988, the Basel I was published by the BCBS. It is a new method to the measure the capital and also it focused on the credit risk and appropriate
risk–weighting of assets (International convergence of capital measurement and capital standards, 1988). Under the concept of the risk–weighted asset,
the regulators can include the riskiness of the bank's activities into the calculations of the capital adequacy (Lange, Saunders & Millon Cornett, 2015).
"The core requirement of the Basel I were 2 capital ratios: a minimum 4% for the tier 1 capital ratio and the Total capital ratio for 8% (Lange,
Saunders & Millon Cornett, 2015)." The tier 1 capital Ratio can be calculated by the (common equity– goodwill) / Risk–weighted assets (RWA) and the
Total capital ratio can be calculated by Total regulatory capital / Total risk adjusted assets.
Basel II
In Basel II, it improved the measurement of the risk–weighted assets. It includes the market risk, the operational issues and the risks caused by the
emergencies like the terrorisms or natural disasters (Lange, Saunders & Millon Cornett, 2015). The Basel II is more detailed than the Basel I. In the
Basel II, it creates a new frame, the Three–pillar frame. The pillar 1 is the Minimum Capital Requirements. It is to maintain the regulatory capital of
the FI by calculating the 3 main risks, the credit risk, market
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International Convergence Of Capital Measurement And...
1.Introduction
The 2008 Global Financial Crisis (GFC) and its aftermath had critically damaged the world economy with a drag in global economic growth.
Indubitably, the imprudence in which banks managed their risks and capital holdings were among reasons that caused the crisis. It raised the need for
industry reform, leading to G20's Basel III proposal in 2010 to strengthen the global capital framework by imposing stricter rules regarding capital and
liquidity requirements, as well as a focus on transparency, consistency and quality. 2.Regulatory Framework
Table 1 highlights the main differences between Basel I,Basel II and Basel III.
Table 1 Basel 1, Basel II and Basel III Basel IBasel IIBasel III
FrameworkOne size fits allInternational Convergence of Capital Measurement and Capital StandardsFirm specific and risk based
Minimum Capital Requirements8% Total Capital Adequacy Ratio (CAR)
4% Tier 1 8% Total CAR
4% Tier 1
4% Core Tier 1 10.5% Total CAR
6% Tier 1
4.5% Core Tier 1
Measure of Credit RiskStandardized Approach Standardized Approach
Internal Ratings Based (IRB) ApproachStandardized Approach
Internal Ratings Based (IRB) Approach
Measure of Operational RiskN.A.Basic Indicator Approach (BIA)
Standardized Approach
Advanced Measurement Approach (AMA)Basic Indicator Approach (BIA)
Standardized Approach
Advanced Measurement Approach (AMA)
Measure of Market RiskN.A.Standardized Approach
Internal VaR
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Capital as a Factor of Production and the Capital Theory...
1.1. Capital as a factor of production and the capital theory debates
Beginning in the mid–1950s and for the following twenty years or so, a debate concerning the neoclassical treatment of capital turned apparent in the
discipline. This gave rise to a series of exchanges between scholars associated with Cambridge, England, and Cambridge, Massachusetts, (US). This
debate is broadly known in the literature as the 'Cambridge capital theory controversies'.
The relevance of this controversy lies in that the criticisms of neoclassical theory raised by Cambridge (UK) concern both the theoretical illegitimacy
of measuring 'capital' as a single magnitude in value terms to determine prices and distribution, and the foundational premise underlying the dominant
supply and demand approach: the factor substitution principle. In the controversies it has been shown that this principle cannot in general be posited to
explain the distribution of the social product in terms of supply and demand. This result, discovered by means of the analysis of the relation between
prices and distribution in economies with heterogeneous capital goods, has been revealed as theoretically irrefutable, and, as this study will argue,
concerns the hard core of the neoclassical or marginal theory both in its traditional (capital measured in value terms) and in its contemporary
formulations (capital as a set of heterogeneous goods).
Capital as a single magnitude has been the treatment on which, under conditions
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Venture Capital : Investment Capital
Introduction
Venture capital has originated out of the need for non–conventional, high risk finance for new ventures rooted on innovative entrepreneurship. Venture
capital is typically an investment in the form of equity, quasi–equity and sometimes debt made in novel or untested concepts, championed by a
technically or professionally qualified entrepreneur. Venture capitalis risk capital. It refers to capital investment, both debt and equity, fraught with
substantial risk and uncertainties. The risk anticipated may be very high so that possibilities of high loss exists. However, if successful it can yield
high returns. Venture Capital Definitions
There is no single definition of Venture capital. Jane Koloski Morris, editor of the reputed industry publication, Venture Economics, describes venture
capital as 'providing seed, start–up and first stage financing ' and also 'funding the expansion of companies that have already demonstrated their
business potential but do not yet have access to the public securities market or to credit oriented institutional funding sources.
The European Venture Capital Association defines it as riskfinance for growth oriented entrepreneurial companies. It is an investment for the medium
or long term seeking to maximize the return for both the parties. It is a partnership forged with the entrepreneur in which the investor adds value to the
company owing to his knowledge, experience and contact network base.
Meaning of venture capital
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Capital Punishment
Capital Punishment and the Death Penalty Capital punishment exist in today's society as citizens of the United States should we have the right to
take an individual life. As illustrated throughout numerous of studies the death penalty is an unfair process seven out of ten deaths handed down by
the state courts from 1973 to 1995 were overturned when appeal and the seven percent were later found to be innocent. Such as the Dobie Williams
case which took place July 8, 1984. Dobie Williams an African American male with an IQ of 65(mentally retarded) who was convicted of killing a
white lady by the name of Sonja Knippers. Sonja Knippers was stabbed several times while using the restroom in her Louisiana home. Her husband...
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According to the Death Penalty Center, in 1973 38 Black people were sentence for death row. Other races were charge with the same crime but Black
people were issued death row. Our courts system demonstrates factors that are played in history and today's society. Black life is not valued in the
United States. The Stanford Law Review published a study that found similar patterns of racial disparity, based on the race of the victim, in Arkansas,
Florida,Georgia, Illinois, Mississippi, North Carolina, Oklahoma and Virginia (see
For example, in Arkansas findings showed that defendants in a case involving a white victim are three–and–a–half times more likely to be sentenced to
death; in Illinois, four times; in North Carolina, 4.4 times, and in Mississippi five times more likely to be sentenced to death than defendants convicted
of murdering blacks.
The Florida Law Review published a study that examined all homicides committed and death sentences rendered in Florida between 1976 and
1987.The study found that, in that state, the odds of receiving a death sentence are 3.4 times higher for defendants convicted of killing whites than for
those convicted of killing blacks. Additional facts linking race with the death penalty: since the resumption of executions in the early 1980 's, 40
percent of the people executed have been black.
In the Oomulgee Judicial Circuit, which encompasses eight counties in Georgia, the district attorney sought the death penalty in 28
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Capital Punishment
Capital Punishment
Capital punishment, also known as the death penalty, is the toughest form of punishment enforced today in the United States. According to the online
Webster dictionary, capital punishment is defined as "the judicially ordered execution of a prisoner as a punishment for a seriouscrime, often called a
capital offence or a capital crime" (1). In those jurisdictions that practice capital punishment, its use is usually restricted to a small number of criminal
offences, principally, treason and premeditated murder. In the 38 U.S. states and within the federal government currently upholding and enforcing death
penalty statutes, this method of punishment varies quite differently amongst them. It is a controversial issue ... Show more content on Helpwriting.net ...
The crime rate is lower in the states that do not invoke capital punishment, but as Walter Burns stated "the number of murders tend to rise with the
crime rate in general–and not only in America (4). Capital punishment is maintained to hopefully show criminals that when they kill they will
eventually meet the same fate. By enforcing the death penalty, the government could be trying to scare criminals from their crimes, and in some cases
it has worked. When the death penalty was restored in Kansas, for example, the homicide rate dropped considerably (7). According to research done by
Bedau, the crime rate continued to soar between 1960–1969, when capital punishment was rarely being used in most states (7). As a whole, capital
punishment has worked to lower homicidal crimes and deter criminals from illegal actions. Capital punishment could help to keep repeat offenders off
the streets. In some states the common belief is that imprisoning the murders of society in penitentiaries will keep them from killing again, but this is
not true. Even when criminals are imprisoned, their killing can still continue. Bedau did a survey of all the male inmates in state penitentiaries during
the year of 1973. He came to the conclusion that after the men were imprisoned for one year, at least sixteen homicides were reported (7). In effect, the
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Capital Budget : Capital Budgeting Essay
It is probably safe to assume that most households run on a budget and some amount of forecasting, as there are many individuals who might not have
an unlimited supply of money. Decisions are made about paying household bills in relation to the income that has been generated. Then comes a point
in time when one realizes a need to invest in a home improvement project, this results in an analysis of the finances such as, the expense and benefit of
the project. Company's do the same thing except on a much larger scale. Individuals within a company have to take into consideration some of the
same things when determining if a project is applicable. This includes, revenue and expenses, in conjunction with the company's fixed assets, all of
which, assists in creating a budget and forecast of the company's project's potential cost and benefit, this analysis is known as capital budgeting. Authors
Besley & Brigham of the text book CFIN 4, 4th Edition explain, "Thus, the capital budget is an outline of planned expenditures on fixed assets, and
capital budgeting is the process of analyzing projects and deciding (1) which are acceptable investments and (2) which should actually be purchased."
(Besley & Brigham, 2015, pg. 145). Creating a capital budget and forecast that is as close as possible to the realized impact is essential, it should
illustrate a true picture of investments anticipated outcome, review the below scenario and see how this concept can quickly change under pressure.
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Capital One
Capital One Financial Corporation
1. How is Capital One's use of IT different from other mass customization strategies? Capital One uses IT through its information–based strategy (IBS)
to "record, organize, and analyze data on the characteristics and behaviors of their customers," as stated by CEO Richard Fairbank. Their philosophy
was to exploit information by constructing scientific models that could be used to both assess the creditworthiness of potential cardholders through
FICO scoring, and to customize product offerings for existing ones. This was done through data mining, sorting, customizing offers and marketing
campaigns, and then analyzing this data to see what campaigns worked – for what reason and what ... Show more content on Helpwriting.net ...
Behavioral interviews, case interviews, and standardized tests were used to find raw talent without focusing on prior industry or marketing experience.
These four things are what separates Capital One from its competition, and will sustain their competitive advantage in the future.
3. What are the consequences of Capital One's IT strategy for expansion into different segments of the credit card industry, and into other industry's?
The immediate consequences of their expansion strategy proved the efficiency of their statistical modeling to inhibit Capital One from taking any
missteps into industry's that are either saturated or do not allow enough growth in the future. Capital One considered expanding into auto insurance and
auto financing, but fierce competition, low margins, and stringent regulation kept them from pursuing this immediately. (Capital One did recently
acquire Summit Acceptance Corporation – an auto financing company that focused on the sub–prime market). Next they looked at the energy and
telecom industries, but consumer energy usage patterns are available publicly which kept them from exploring this option further. America One was
created which resold blocks of calling time enabling Capital One to gain a foothold in telecom. An ancillary effect of Capital One looking to broaden
its horizons into other industries will promote other companies to review their current IT systems to see where their inefficiencies lie, so they can
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Economic Capital
EconomicThis document has been made available on www.actuaries.org.uk with the permission of the Society of Actuaries, Schaumburg, Illinois.
Copyright 2008.
Specialty Guide on Economic Capital
Version 1.5 March 2004
Specialty Guide on Economic Capital
Section
I. II.
Page
FOREWORD...................................................................................................................1 INTRODUCTION AND OVERVIEW
...............................................................................2
III. EXECUTIVE SUMMARY ................................................................................................3 IV. HOW DO WE DEFINE ECONOMIC CAPITAL?
............................................................5 ... Show more content on Helpwriting.net ...
Please refer to this website for any recent developments by this subgroup.
Specialty Guide on Economic Capital
3
III. Executive Summary
Economic Capital ("EC") has become a topic discussed at various industry conferences, received attention by regulators and rating agencies, and has
shown up over the years in various other disciplines, in particular in the banking industry. While the topic is becoming more mainstream, a standard
definition of EC is not readily available, as shown by the wide variety of responses to our Economic Capital Survey. While specific definitions vary,
some common threads tie the various descriptions together: Sufficient surplus to cover adverse outcomes, A given level ofrisk tolerance, and A
specified time horizon. An assortment of risks and various tolerance levels utilized by companies are listed in this document, based on the survey
results. Although virtually all types of risks are mentioned, development work to date has been more focused on financial risks, and therefore the
document primarily explores these in more detail. While Regulatory and Rating Agency Capital have fairly well defined uses (i.e., determining
solvency and creditworthiness of an organization), Economic Capital impacts many company business management and decision–making processes.
EC can also have quite a few macro applications within a company. For example, a company can be
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Social Capital Reflection
Race/ethnicity, gender, sexuality, citizenship status, phenotype, language, ability status, etc. are all things that generate certain privileges and/or
disadvantages for educational access and opportunity. Race/ethnicity, gender, etc. also shape our human, cultural, and social capital. Human capital is
the education, training, health, and investments we have. Social capital is the social networks we have at our disposal. Cultural capital is an
accumulation of cultural knowledge, skills, and abilities that are possessed and passed on by privileged groups in society (2017). In my situation, my
ethnicity, gender, citizenship status, and language have shaped my human, cultural and social capital.
This memory begins with a bus ride. A white beat up bus surged through the deadly heat waves, swerving around the uneven dirt road full of rocks.
I look out the crazed window and gaze at the moving cars that seem like ghosts with headlights. We were on the way to Tijuana. We had a few
belongings packed in our bags which were all that we could carry. There was no fear or concern on my part because we were constantly moving.
For months, we had been migrating from one ... Show more content on Helpwriting.net ...
My advantage is being bilingual because I able to communicate in more than one language, so I can easily communicate with many individuals.
When I am searching for jobs I usually come across a post that says Spanish speaker preferred. I see posts searching for Spanish speakers. I have
had five different jobs and in all five I have utilized both English and Spanish. At a previous job, I had I worked with a high school teacher and
another teacher who has been principal and superintendent. I was able to get the job because I am bilingual. Thanks to my biliteracy I have two
mentors who have guided me and explained to me the ways to get a job as a teacher. Apart from that, I am able to use them as references and get
recommendation letters as
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Capital Punishment Essay: Retain Capital Punishment?
Capital Punishment – Retain or Not?
This essay tangles with the question of whether or not we should retain the death penalty within the American code of penal law.
There is a feeling of frustration and horror that we experience at the senseless and brutal crimes that too frequently disrupt the harmony of society.
There is pain which accompanies the heartfelt sympathy that we extend to the victims' families who, in their time of suffering, are in need of the
support and compassion of the whole community. Nothing will ever bring their loved ones back. Quite clearly, such violence is to be denounced
vehemently.
Appropriate measures should be employed to safeguard our community and reduce the incidence of ... Show more content on Helpwriting.net ...
Also Steven Brian Pennell was executed after a highly–publicized series of crimes(Steven). We believe that this event in the state ofDelaware requires
that we as a community once again re–evaluate the use of the death penalty in the light of our conviction that life is a gift of God.
Though the state has the right to inflict the death penalty, we question whether the state should exercise the use of that right. In a world filled with
violence, one more act of violence, we believe, only serves to make society less sensitive to the intrinsic value of human life. Usually, punishment is
meted out to criminals as an example to deter others from acting in a like manner; or to allow an opportunity for the convicted individual to reform; or
for the sake of retribution. However, it seems that the deterrent value of capital punishment is, at the most, doubtful; that the plea for retribution, when
the death penalty is involved, reflects a more primitive form of justice than we in the United States would like to claim as our own. Indeed, the taking
of the life of another person hardly restores the imbalance created by the original homicide. Rather, it promotes further violence.
The Christian tradition has always upheld the sanctity and dignity of the human being, made in the very image of God (Genesis I). Each person
receives life as a gift from God, a gift to be nurtured, a gift over which we have stewardship but not absolute dominion. The right to
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Human Capital And Non Physical Capital
It is well known that unmeasured cross–country differences in human capital reveal as cross–country differences in TFP, but it is still hotly debated for
how much human capital can account. Mankiw, Romer and Weil (1992) emphasize the importance of investment in human capital and claim that the
Solow growth model augmented to involve human capital can account for most of the variation in differences in output per capita. On the other hand,
several recent works provide different conclusion, for example, Manuelli and Seshadri (2005) argue that most cross countries differences in output per
worker are not affected by differences in human capital (or physical capital) but might be affected by differences in residual, total factor productivity
(TFP).
This paper tends to summaries the main arguments and approaches of Mankiw, Rome and Weil (1992, MRW hereafter) and Manuelli and Seshadri
(2005, MS hereafter), also compares and contrast their main findings. Finally, the paper will give some brief comments and criticisms on these two
papers.
Motivation and intuition of MRW
It is well known that the Solow Model is the first neoclassical growth model, while recent findings and corollaries are not entirely preferable due to
some uneasiness. For example, Solow Model can qualitatively but not quantitively analyze the impact on growth path of two exogenous variables:
saving rate and population growth. In addition to this, Solow Model predicts absolute convergence across countries with
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Social Capital By Robert Putnam
Social Capital : Robert Putnam
Professor name – Dr. Josephine Anthony
Ramesh Prakash Khade
M2015CF022
Social capital refers to the resources available in and through personal and business networks. Social capital defines that social networks have value.
Social capital also refers to collective value of all "social networks" and the fact arise from the things doing for each other in networks. The term
Social Capital emphasizes not just feelings but, a wide variety of benefits which flow from trust, reciprocity, information, and cooperation with social
networks. Michael woolock states in his papers that among the people working in the field, there has been a visible convergence towards something
like its definition he offers. Networks have the value for the people who are in them, and they have. There are both public and private faces of social
capital. Putnam in social capital largely focusing on the external returns, the public returns to social capital, but Putnam think that is not at all
inconsistent with the idea that there are also private returns. Capital emphasize that social capital whether physical capital was homogeneous to be
susceptible to aggregate measurement. There is debate going on human capital and social capital obviously there are many different forms of physical
capital for eg. An egg–beater and an aircraft carrier enter into the American national accounts as little bits of physical capital, and yet they are not
interchangeable.
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Human Capital Development
INTRODUCTION
In this individual assignment I have chosen "HUMAN CAPITAL DEVELOPMENT" as my topic. In this assignment I discussed human capital
development as it is related to Human Resource Management.
According to Mayo(2000) focuses on a definition of human capital and defines it as: " a capability, knowledge, skill, experience, and networking with
the ability to achieve results and the potential for growth; individual motivation in the form of aspirations, ambition, drives, work motivations and
productivity; work group effectiveness in the form of supportiveness, mutual respect sharing and value; leadership in the form of clarity of vision and
ability to communicate that vision; organizational climate in the form of culture particularly the freedom to innovate, openness, flexibility and respect
for the individual." in (Thomes N. Garavan, Michael Morley, Patrick Gunnigle, Eammon Collins 2001 p.50).Relatively in an easier way to understand "
human capital is the collective value of the capabilities, knowledge, skills, life experiences, and motivation of an organizational workforce." (Ghee
Soon Lim, Rebert L Mathis and John H. Jackson 2009 p.12)
In this assignment we have three issues which are definition of human capital, human capital is an asset and the importance of human capital
development. The reason I want to discuss about definition human capital because that have many meanings for human capital. How about why I
discuss about human capital is an asset? We must know
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Summary De Soto The Mystery Of Capital
Ahmed Alqahtani
Dr.
The Mystery of Capital
Despite the fact that this cheerful demeanor towards neediness is certain, keeping in mind through and through the entirety of slum property is
tremendous, has De Soto, an industrialist overlooked what free enterprise is about? Private enterprise is for the individual performing artist, acting in
their own particular speculation toward oneself. He never answers how the individual living in the slum can achieve this. I'm tired to acknowledge their
property estimation will sum to enough.
The Puzzle of Capital is the most imperative piece of De Soto's book, where he investigates how to resuscitate this dead capital; his answer is formal
property rights. De Soto, clarifies what he implies by dynamic capital drawing on Smith references saying "for aggregated resources for get to be
dynamic capital and put extra ... Show more content on Helpwriting.net ...
This is on the grounds that the late mass urbanization that has been happening around the globe. De Soto states "for better or for more regrettable,
individuals outside the West are escaping independent and separated social orders in a push to raise their expectations for everyday life by getting to
be associated in much bigger markets" (De Soto, 70). As being what is indicated, this is an issue we must acknowledge as certain and location.
Especially urbanization must be tended to as these nations fail to offer the organizations to manage the mass relocation to their urban focuses and they
are bringing about "the fracture of their property game plans and the inaccessibility of standard standards that permit resources and monetary operators
to cooperate and governments to run by law" (De Soto, 76). Marx would say that this is the bourgeoisie keeping the proletariate from using the
instruments of the bourgeoisie, politically estranging
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The Enigma Of Capital And The Crisis Of Capitalism
A Critical Review of David Harvey's The Enigma of Capital and the Crisis of Capitalism Sudheer Vemuru
Economics 490
10 November, 2014
In writing this paper, I have abided by the Honor Code at UNC–Chapel Hill.
Signature:____________________ ______________________
пїј
The Enigma of Capital and the Crisis of Capitalism is a forum for author David Harvey to voice his concerns on the contemporary global capitalist
model. As a Marxist geographer and anthropologist, Harvey analyzes modern capitalism through a lens of skepticism that results in a scathing
renunciation of the capitalist goals of perpetual accumulation and creative destruction. Harvey argues that in a world constrained by scarce
resources and burgeoning social barriers, the capitalist process produces a strange dynamic that oscillates between periods of crisis and boom (40).
In the end the capitalist may be able to hedge against her losses, but the vast majority of the population will wallow in the doldrums, enslaved by the
power of capital and unable to pull themselves up by their bootstraps. Such is the extent of the problem we face in the wake of the Great Recession.
The economy continues to grow modestly, while median household income shrinks (Noss 2). The capitalists are reloading once again at the expense
of Main Street. As Harvey points out, there is a great need to reevaluate of our views of modern capitalism. The Enigma of Capital is just a starting
point.
Harvey begins his analysis of capitalism with a
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Social Capital And Cultural Capital
After cultural capital and cultural arbitrary, then, comes the third capital, which Bourdieu's theory terms habitus. Habitus is a term, which is similar to
cultural capital because they are transmitted from home: "Like cultural capital, habitus is transmitted within the home" (Sullivan 149). However, there
is a dissimilarity concerning cultural capital and habitus: "... whereas cultural capital consists of the possession of legitimate knowledge, habitus is a set
of attitudes and values, and the dominant habitus is a set of attitudes and values held by the dominant class" (Sullivan 149). Also, part of the habitus is
the positive attitude towards education, as Sullivan mentions "A major component of the dominant habitus is a positive attitude ... Show more content
on Helpwriting.net ...
Santos tributes the adolescent's weathered physical attributes to the complete abandonment of her father, which is reflected in the comment of Santos
on the action of her father: "Hace mal tu padre en no ocuparse de ti como mereces...." (Gallegos 115). This uncaring of self–appearance by Marisela
implies that she does not have the same educational level and understanding to that of Santos and, therefore, her understanding of what appearance
implies, is unclear to her; it is unclear to her because she is not educated and has a lack of understanding, which to Bourdieu's explains that cultural
competence is needed to understanding the meaning of the self–appearance code: "a work of art has meaning and interest only for someone who
possesses the cultural competence, that is, the code, into which it is encoded" (1665). Also, the conversations that Santos has with her about her
appearance has no meaning to her because: "a beholder who lacks the specific code feels lost in a chaos of sounds and rhythms, colors, and lines,
without rhyme or reason" (Bourdieu 1665). However, this will all change as Santos begins to convey his habitus unto her.
The ultimate objective of Santos is the modernization
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Cultural Capital And Social Capital
Alongside both racist and sexist media constructionism, hackneyed class cliches are equally as pervasive. Pierre Bourdieu coined the phrase 'cultural
capital' which is the representation of the cultural knowledge, temperament and disposition that is inherited from generation to generation. Published to
the Oxford University Press, Pierre Bordieu explained his theory of cultural capital as consisting of three elements: "cultural capital can exist in three
forms: in the embodied state, i.e., in the form of long–lasting dispositions of the mind and body; in the objectified state, in the form of cultural goods
(pictures, books, dictionaries, instruments, machines, etc.), which are the trace or realization of theories or critiques of these theories, problematics,
etc.; and in the institutionalized state, a form of objectification which must be set apart because, as will be seen in the case of educational
qualifications, it confers entirely original properties on the cultural capital which it is presumed to guarantee" (Bourdieu 1978). Another important facet
of Bordieu's theory of cultural capital is a 'habitus' which is "a set of dispositions that incline agents to act and react in certain ways – particularly, the
result of structural conditions, but it simultaneously organizes practices and perceptions." (Bordieu 1978) Noticeably similar to social constructivism,
cultural capital is an occurrence that has the capacity to institutionalize harmful stigmatic stereotypes. To further
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Capital Punishment
Outline
I.Religious Views
a.Hinduism
b.Jainism
c.Buddhism
d.Judaism and Christianity
e.Islam
II.Who
a.Countries
b.States
c.Juveniles
III.What Ways
IV.Why, Laws Broken
a.Laws about it
b.Cost
c.Wrongful accusation
V.Increased Murder Rate
VI.Conclusion
Did you know, that according to a study at North Carolina State, a murder case cost 2.16 million dollars more with a death penalty then with a
sentence of life imprisonment? It 's true! It is estimated that the death penalty cost the U.S. Judicial System an extra one billion dollars a year! It 's not
only expensive, it 's wrong. The worst part is Juveniles are being executed. This is wrong because the human brain is not fully developed until the 20s.
... Show more content on Helpwriting.net ...
From 1999–2003, thirty–five juveniles were sentenced to death. Also note that just seven states have executed juvenile offenders since 1976. Since
2000, only three countries have executed juvenile offenders. These include the Democratic Republic of Congo, Iran and Pakistan. This making the U.S.
the only country to still have it because all three other countries have either abolished it or are in the process of abolishing it since 2000. The leading
methods of execution are hanging, stoning, beheading, shooting, electrocution, and lethal injection. Many countries retain hanging as the standard
mode of execution. This style mostly occurs in the Mid–East and in Asia. Only six countries still stone criminals to death. Five countries use lethal
injections; this is the most popular method in the United States, accounting for 58 out of 59 executions in 2004. The practice of the juvenile death
penalty dates back to the 17th century, when a sixteen–year–old boy became the first juvenile sentenced to death. More than three centuries later, the
Supreme Court established the age of sixteen as the minimum age for death sentences. In 1972, the Supreme Court banned the death penalty. Five
years later it was reinstated, but with certain conditions. Only to be deterred with violent crime. Most offenders under the age of eighteen ore sent to
juvenile courts. These are separate from regular criminal courts,
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The Importance Of Natural Capital On Human Capital
Natural capital is interconnected with human capital in that human capital depends upon natural capital for survival. Human capital relies on clean air,
groundwater, surface water, food, soil for crops, minerals from the soil, crops themselves, fuels, fibers, materials to build with, ocean fisheries, climate
control and regulation, and so much more. Many of the goods and services provided to humans by natural capital go unnoticed and as a result, natural
capital is taken for granted. Additionally, natural capital also depends upon human capital for survival. Natural capital relies on human knowledge,
skills, experience, education, and capabilities so that it is enhanced and not destroyed. For instance, rural Dewitt farmers use the soil to plant crops
such as corn, beans, and wheat. They also use the land for baling hay. When there is a drought, the farmers rely on groundwater that natural capital
provides to water their crops. An inexperienced farmer may do the same crop year after year. Whereas an experienced farmer knows that to keep the
soil full of nutrients and prevent soil erosion, they must rotate the crop from corn to beans and vice versa, as different crops provide different nutrients
to the soil. The education and experience that a farmer has about the land and its use, could be the difference of natural capital being enhanced or
destroyed. Natural capital depends on social capital for resource productivity and sustainability. Social awareness and lifestyles that
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Capital Punishment And Capital Involvement
Capital punishment is an individual punishment to death for committing a crime. The history of capital punishment fluctuates worldwide, between
different governments and beliefs. The current issue of capital punishment is taking lives without having a reliable reason to take them to the death
penalty. One large and main issue is that capital punishment breaches, or breaks two essential human rights, which are the rights to life, and rights to
living free of torture. This is a huge issue because an individual should not be able to surpass any conditions when the operations of the executions go
against human rights. Another opposition of capital punishment is that many countries are sided with the penalties, however, the citizens of the
country may think differently dependant on their religions and beliefs. The opposition between the government and the population in the country is
another large issue because the diverse opinion only makes matters worse. Though many countries remain to argue that the punishments are beneficial,
terminating the legal penalty would save thousands of lives. Discontinuing the penalties would benefit the whole world by cutting the large amount of
taxes just for individual deaths, and the new adjustment would save lives from false reasons, and misunderstandings.
UN Involvement: The main participant into capital punishment is the OHCHR or the Office of the High Commissioner for Human Rights. The
committee is helping with the global issue by having
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Social Capital Autobiography

  • 1. Social Capital Autobiography Capital Autobiography A sociologist defines capital as the assets and individual has that they use for social benefit. This concept of social capital creates a structure that is carried on from generation to generation. A lack of capital can severely inhibit someone's college experience, because with insufficient finances, and an inability to network an individual may not be getting the ideal college experience. Financial capital is the amount of wealth and physical assets someone has. I personally come from a lower income household; my mother is on disability and I rely heavily on aid from the government in order to continue my education. Financial capital is said to be the monetary value an individual is able to use on situations that will further increase other forms of capital. It is both reasonable and important that I continue trying to build my financial capital and I can do so by putting any extra money I come across into my bank accounts in order to collect interest and continue to grow. ... Show more content on Helpwriting.net ... My social capital has a steady foundation already and it benefits me greatly here at University by increasing the number of people I know and relate to which will in turn help me have multiple career opportunities upon graduation. By knowing numerous people in the field I am studying I am able to form relationships and bond with others that will later help me network and reach out to people and better my career. My personal level of social capital has the potential to grow and it is very important that it does, the longer I spend here at Sam Houston State University the more people I will be able to communicate with and establish relationships ... Get more on HelpWriting.net ...
  • 2. Professional Capital Teaching In the book Professional Capital: Transforming Teaching in Every School renowned educators Andy Hargreaves and Michael Fullan set out to transform the future of teaching and public education by proposing the idea and importance of investing in Professional Capital. According to Merriam–Webster dictionary,capital is defined as "Relating to or being assets that add to long–term net worth." The notion of Professional Capital lies upon the integration of three kinds of capital – human, social, and decisional. This book provides powerful and evidence–based action guidelines for classroom teachers, administrators, schools and districts, and state and federal leaders on how Professional Capital can transform the future of teaching and public education. ... Show more content on Helpwriting.net ... Many emergency licenses have been granted to people across the state to fill positions in need, especially in rural areas. There has also been a movement to hire "community experts" in place of skilled, qualified teachers who possess at minimum a four year degree in the areas of teaching and learning. This book offers many arguments against ways in which North Dakota's Department of Public Instruction and Education Standards and Practices Board is proposing adjustments to aid this crisis. It has been quoted by a board member on the Teacher Shortage Task Force that "someone is better than no one" in the classroom. Andy Hargreaves and Michael Fullan would argue that North Dakota could have a greater return on Professional Capital making greater investments in education by finding strategies to retain its current teachers and perhaps offering incentives to potential prospects entering the field. Political leaders must demonstrate a greater respect for teachers, instead of settling on a solution where teachers are left feeling as though their leaders and the public are comfortable filling their positions with unqualified community ... Get more on HelpWriting.net ...
  • 3. Capital Budgeting Definition : Capital Management Capital Budgeting Definition Most little to medium measured organizations have no clue how to approach capital ventures. They regard it as though it were a working spending plan choice instead of a long haul, vital choice that will affect their income, productivity of their day by day operations, pay explanation, and assessable pay for a considerable length of time to come. They require your help understanding the significance of and after that settling on the right capital planning choices. Capital planning choices identify with choices on regardless of whether a customer ought to put resources into a long haul venture, capital offices and/or capital hardware/apparatus. Capital spending plan choices majorly affect a company 's operations for quite a long time to come, and the littler a firm is, the more noteworthy the potential effect, subsequent to the venture being made could speak to a significant percent of the company 's advantages. Capital Project Examples Capital undertakings are typically recognized by practical needs or opportunities, albeit numerous are likewise distinguished as a consequence of danger assessment or vital arranging. Some regular long haul choices incorporate regardless of whether to: Buy new office hardware, autos or trucks; Add to or revamp existing offices, including the buy of new capital gear/hardware; Expand plant or process operations; Invest in offices for another product offering or to extend administrations; ... Get more on HelpWriting.net ...
  • 4. Capital Disciplinement And Capital Punishment Some say capital punishment is the largest amount of discipline. As indicated by 71% of the United States there is no harsher discipline than death itself. 58 nations hone capital punishment. The United States of America, is one of the 58. Starting at 2015 the United States will just utilize capital punishment if indicted first–degree kill. Some trust that death penalty will prevent killers. I will be contending that capital punishment does not stop lawbreakers and that the United States ought to cancel this ihumane type of discipline. Before I make my side of the contention, Here is some foundation data on the death penalty. The death penalty was brought over from Britain, when the establishing fathers pronounced autonomy. Europeans gave capital punishment for different violations. The primary recorded execution in America happened in Jamestown, 1608. A man named George Kendall was executed for conspiracy. In the prior provincial days, laws with respect to the death penalty differed relying upon the district and the idea of the wrongdoing. Amid the nineteen century, capital punishment changed drastically. Around this time capital punishment began to lose prevalence. Expresses never again dedicated open executions. All executions were done in private. Pennsylvania was the principal state to receive this pattern. Inevitably a few states abrogated capital punishment all together. In current circumstances, fourteen out of fifty expresses never again complete capital ... Get more on HelpWriting.net ...
  • 5. Professional Capital : Transforming Teaching In the book Professional Capital: Transforming Teaching in Every School renowned educators Andy Hargreaves and Michael Fullan set out to transform the future of teaching and public education by proposing the idea and importance of investing in Professional Capital. According to Merriam–Webster dictionary,capital is defined as "Relating to or being assets that add to long–term net worth." The autho 's notion of Professional Capital lies upon the integration of three kinds of capital – human, social, and decisional. This book provides powerful and evidence–based action guidelines for classroom teachers, administrators, schools and districts, and policital leaders on how Professional Capital can transform the future of teaching and public education. The authors' collaborative research began by exploring the future of education and the teaching profession. Through their research, they swiftly concluded a vast majority of people shared the notion that the most important factor that effects student learning is the quality of the teacher. Andy Hargreaves and Michael Fullan continued to take a closer look at how one can maximize the cumulative effect of many quality teachers over time, and the favorable lasting impact this would have on the education of students for many years to come. The ultimate goal of Professional Capital is to increase human capital or the individual teacher's talents, skills, and capabilities. However, this human capital needs to be distributed and ... Get more on HelpWriting.net ...
  • 6. Cultural Capital Whether you may know it or not, we will all possess some type of capital in our lives. Capital is everywhere, and is a wide–ranging idea that is beneficial to a society and people alike. There are many types of capital; however, Cultural capital and Social capital are two common types of capital that have been studied by Sociologists for decades. Cultural capital refers to non–economic things like skills and arts, and social capital refers the benefits of social networks. In my life, I currently possess both cultural and social capital. My cultural capital mostly comes from my education. After almost 12 years of schooling, I have learned many things, however, my cultural capital does not come from the actual knowledge itself, but from the skills I have developed by growing up in a public school and in a generally urban city. I have learned skills as a child such as how to read, write, and speak, which are the most important skills to develop for children. But other than these manifest functions, I have also developed latent functions such as knowing how to socialize, how to study, and even how to dress. These things were intended for me to learn, however, they were never exactly taught to me in my years of schooling. If things similar to these were taught in schools, it ... Show more content on Helpwriting.net ... Ever since middle school, I have been taking advanced classes. Taking these advanced classes classify me, as well as the others in these classes, as being a capable minded student looking towards college. This puts us in a subculture at our school in which we all share common values of our education. Taking these advanced classes also shows to others that we are dedicated students to our education, and have benefited us when applying to college or for jobs. These benefits also extend out to receiving scholarships, as the advanced students are more likely to receive certain scholarships that other students may not be available ... Get more on HelpWriting.net ...
  • 7. Cultural Capital And Inequality Cultural capital and field results in inequality for a number of reasons. Cultural capital has to do with capital resources such as skills learned and specific knowledge pertaining to certain subjects. It also has to do with skills and behaviors learned at home. Field has to do with a social institution such as a school. These two things result in inequality because of the way children are brought up and how involved they are in social institutions. When a child is involved in a multitude extracurricular activities, they are more likely to succeed in school because they have a more stable schedule and not as much free time so they are forced to learn time management. Often times schools favor middle class cultural capital because middle class ... Get more on HelpWriting.net ...
  • 8. Capital Punishment Criminal law is imposed by almost every nation in the world to reduce crime rate and maintain law and order of the society. An individual who found guilty of a crime will have to face corresponding punishments. Among all penalties, capital punishment is considered to be the most severe and cruelest one which takes away criminal's most valuable right in the world, that is, right to live. It is a heated debate for centuries whether capital punishment should be completely abolished world widely. The world seems to have mixed opinion regarding this issue. According toAmnesty International (2010), currently, 97 countries in the world have already abolished capital punishment while only 58 nations still actively adopt death penalty.... Show more content on Helpwriting.net ... Unfortunately, this kind of misjudgment can never be reversed in pair with capital punishment. Even if the innocent is proven to be not guilty in the future, no one is able to return his or her life back to the body. No matter what compensation the nation could offer afterwards, it will never result in fairness and equality. Therefore, capital punishment should be abolished to prevent those innocent people from horrible unfairness. Last but not least, from a sociologic perspective, capital punishment does not work as intended, to deter crime rate, rather, it might brutalize individuals, at the same time does nothing good to the victim's family other than brutal vengeance. The origin of death penalty is served as a vehicle to put a warning for those potential future criminals that such kind of behavior will lead to death. However, so far, no clear evidence can be seen that capital punishment, as a mechanism of deterrent, actually cut down the local crime rate. Ironically, a reversal trend was found by Death Penalty Information Center (2010) in the USA that the death penalty leads to an increase in local murder rate. To die might be too easy for the mindless murderers. Also, for the relatives or friends of criminals put into death through capital punishment, they are more likely to be ... Get more on HelpWriting.net ...
  • 9. Venture Capital Venture capital Venture capital (also known as VC or Venture) is a type of private equity capital typically provided to early –stage, high–potential, and growth companies in the interest of generating a return through an eventual realization event such as an IPO or trade sale of the company. Venture capital investments are generally made as cash in exchange for shares in the invested company. Venture capitaltypically comes from institutional investors and high net worth individuals and is pooled together by dedicated investment firms. A venture capitalist (also known as a VC) is a person or investment firm that makes venture investments, and these venture capitalists are expected to bring managerial and technical expertise as well as ... Show more content on Helpwriting.net ... By far Whitney 's most famous investment was in Florida Foods Corporation. The company developed an innovative method for delivering nutrition to American soldiers, which later came to be known as Minute Maid orange juice and was sold to The Coca–Cola Company in 1960. J.H. Whitney & Company continues to make investments in leveraged buyout transactions and raised $750 million for its sixth institutional private equity fund in 2005 Early venture capital and the growth of Silicon Valley One of the first steps toward a professionally–managed venture capital industry was the passage of the Small Business Investment Act of 1958. The 1958 Act officially allowed the U.S. Small Business Administration (SBA) to license private "Small Business Investment Companies" (SBICs) to help the financing and management of the small entrepreneurial businesses in the United States. During the 1960s and 1970s, venture capital firms focused their investment activity primarily on starting and expanding companies. More often than not, these companies were exploiting breakthroughs in electronic, medical or data–processing technology. As a result, venture capital came to be almost synonymous with technology finance. It is commonly noted that the first venture–backed startup is Fairchild Semiconductor (which produced the first commercially practical integrated circuit), funded in 1959 by what would later become Venrock Associates. Venrock was founded in 1969 by Laurance S. ... Get more on HelpWriting.net ...
  • 10. Social Capital Assignment #2 Questions 1 A.Why is organizational membership considered a form of social capital? In short, social capital is "the social knowledge and connections that enables people to accomplish their goals and extend their influences."(1) When joining an organization, members are optimistic of achieving social capital. They aspire to connect with others who have similar interests and strive to influence citizens of their beliefs and views. Members have high hopes to one day make a difference. For instance, take PETA. PETA stands for People for the Ethical Treatment of Animals. Their slogan is "Animals are not ours to eat, wear, experiment on, use for entertainment, or abuse in any other way." (2) Through social capital what was once ... Show more content on Helpwriting.net ... In 1963 Milgram had his assistant demonstrate authority. Milgram chose teachers at random to administer electric shock to learners (Milgram's colleagues). The learners were to mesmerize parts of words, if mistakes were made, the teachers were to administer electric shock with the touch of a button. More mistakes, led to higher voltage. The learners began to scream and cry out as the voltage increased. Even though the teachers faced moral dilemmas, when Milgram's assistant told them to continue over half of the teachers continued increasing the voltage until the learners were presumably dead. (1) Stanley Milgram's experiment revealed that average citizens feel pressured to conform, when faced with individuals of higher authority. Citizens will conform even when faced with individual morality. Take for example the Nazis. Under the leadership of Adolf Hitler (1889 –1945), the Nazi Party, grew into a mass movement and ruled Germany through totalitarian means from 1933 to 1945. (2) Hitler believed that German people were the purest of the Aryan race, and were therefore the master ... Get more on HelpWriting.net ...
  • 11. Role of Human Capital in Economic Development CHAPTER ONE INTRODUCTION a) BACKGROUND Kenya is one of the less Developed countries that are endowed with relatively good levels of resources and labor. However, there are still a lot to be done to tap those resources into viable productivity and industrialization levels. One way of achieving this is by maximizing the use of both physical and human capital. In or case we shall consider human capital. Human capital, according to Adam Smith refers to the acquired and useful abilities of all the inhabitants or members of the society. The acquisition of such talents by the maintenance of the acquirer, during his education, study or apprenticeship, always costs a real expense, which is a capital fixed and realized, as it were in his ... Show more content on Helpwriting.net ... This paper therefore seeks to determine if, indeed, human capital has been the factor that has caused a rise in economic growth and development in east Africa. c) RESEARCH QUESTIONS пѓ What is the role of human capital in economic development in east African countries? пѓ Is healthy human capital and other non economic inputs are part of the determinants of economic growth in east African countries? d) OBJECTIVES OF THE STUDY пѓ To find out the role of human capital in economic development in east African countries. пѓ To determine whether healthy human capital and other non economic inputs are part of the determinants of economic growth in east African countries. e) SIGNIFICANCE OF THE STUDY This study is seeking to establish the relationship between human capital and economic growth and development in east Africa. By so doing, we will be able to know with certainty whether human capital is actually one of the reasons for economic growth in east Africa, in which case the findings will be used to establish the right proportion of human capital needed to mix with other economic inputs so as to facilitate sustainable economic development in the region. It also gives an indication of the possible way to rate human capital against other ... Get more on HelpWriting.net ...
  • 12. Capital Rationing Internal capital rationing Impositions of restrictions by a firm on the funds allocated for fresh investment is called internal capital rationing. This decision may be the result of a conservative policy pursued by a firm. Restriction may be imposed on divisional heads on the total amount that they can commit on new projects.Another internal restriction for capital budgeting decision may be imposed by a firm based on the need to generate a minimum rate of return. Under this criterion only projects capable of generating the management's expectation on the rate of return will be cleared. Generally internal capital rationing is used by a firm as a means of financial control. Capital Rationing Theoretical Background When ... Show more content on Helpwriting.net ... However, a limitation to using the profitability index is that the method assumes that the capital rationing constraint only applies to the current period and is only useful when selecting amongst relatively few projects. In contrast, when capital rationing constraints occur over multiple periods and when there are numerous projects, Baumol and Quandt (1965) suggest that mathematical programming may be used to evaluate investments. The linear programming technique is widely used as the model is specifically designed to search through combinations of projects achieving the highest NPV whilst subject to a budget constraint. However, Brealy et al (2008) note that a main disadvantage to using linear programming may be the models can be highly complex and costly. Empirical Evidence Several U.S. surveys examine capital rationing in the overall investigation of the capital budgeting process. The following conclusions have been reached with regards to prevalence of capital rationing, the dominant causes and tools used in capital rationing analysis. Prevalence of Capital Rationing
  • 13. Empirical evidence indicates that capital rationing is prevalent amongst firms. It was concluded that between 50 and 75% of firms operate under the capital constraint as found by Fremgen (1975) and Petty, Scott & Bird (1975). Further support for this notion was found ... Get more on HelpWriting.net ...
  • 14. Human Capital Education and wellbeing are fundamental targets of improvement; they are imperative closures in themselves. Wellbeing is key to prosperity, and education is crucial for the delightful and compensating life; both are central to the more immense thought of extending human limits that lie at the heart of the importance of improvement.Not one person has accomplished sustained economic improvement without generous interest in human capital. The aspect and importance of human capital in moving the tread of economic growth can't be embellish. The advancement of human capital has been perceived by financial analysts to be a key necessity for a nation's financial and political change. Therefore Human capital alludes to the information, ability sets... Show more content on Helpwriting.net ... As I would like to think, I trust that; As more individuals are utilized, the measure of capital expands, training levels increment, the nature of capital changes, or the innovation builds, the profitable limit of the economy increments. In this manner, the economy can build its yield giving customers more dispensable cash flow, advancing an expansion in utilization spending, and giving assets to business to use for further venture and government to use to give open goods and services.Expanded work effort interest builds yield. Extended, enhanced education makes more beneficial laborers. Business and government spending on innovative work improve our capacities to create and permit every specialist to wind up more beneficial, ... Get more on HelpWriting.net ...
  • 15. Capital Budgeting Week 4 Discussion Question 1b Introduction Capital budgeting is one of the most crucial decisions the financial manager of any firm is faced with...Over the years the need for relevant information has inspired several studies that can assist firms to make better decisions. These models are assigned so that they make the best allocation of resources. Early research shows that methods such as payback model was more widely used which is basically just determining the length of time required for the firm to recover the outlay of cash and the return the project will generate. Other models just basically employed the concept of the time value of money. We have seen that more current models are attempting to include their analysis factors that... Show more content on Helpwriting.net ... Practical problems associated with the Cash Flow estimations Several decision makers have criticized the cash flow estimations as they simply do not agree with the decisions they have arrived at from the use of the models. Since there are uncertainties involved in terms of estimates of cash flows some managers become reluctant to use this method as a part of their decision making process as the calculations are far in the future. Therefore, they will take into consideration the near term cash flows. Other managers may have predetermined notions about which project to adopt and may therefore play with the numbers to achieve a desired result (Brealey, 1984). This can be a problem as the results they receive are not from faulty models but from the manager's inappropriate inputs into the models. Another area of concern is the selection or choice of discount rate (Cooper et.al, 2001). For example if they use an inappropriately high discount rate then this could yield high hurdle rates or conversely if the rate is too low it yields lower rates. What Cooper recommends is the use of a discount rate that reflects the firms true cost of capital which is sound theory of finance advice. Thus, the best to worst case scenarios should be employed to analyze the best possible decision. When the discounted rate includes ... Get more on HelpWriting.net ...
  • 16. Human Capital Theory According to Csintalan and Badulescu (2015), human capital refers to a stock of skills, knowledge, creativity, social and personality attributes, qualification of a worker (innate or acquired) that contribute to its productivity and ability to produce economic value (p. 668). Human capital is an impalpable quality that is not possessed by the establishment employing the workers, but rather renting these competencies from the employees. These rented skills may be the most valuable assets needed to support educators in an educational organization. For instances, education has the teacher as employees, and some of the skills necessary in the classroom are patience, adaptability, teamwork, communication, and leadership. The skills described ... Show more content on Helpwriting.net ... I believe and trust that my human capital framework can empower educators to build skills and competencies needed to deliver exceptional teaching and learning in the classroom. Costa, A., & Kallick, B. (2015). Building Teacher Capacity. Retrieved from http://www.teachthought.com/pedagogy /the–complex–needs–and–characteristics–of–a–great–teacher/ Csintalan, C., & Badulescu, A. (2015). Education and Human Capital as Engines for Economic Growth. A Literature Review. Annals Of The University Of Oradea, Economic Science Series, 24(2), 665–673. Ingersoll, R. M., & Smith, T. M. (2003). The wrong solution to the teacher shortage. Educational Leadership, 60(8), 30–33. Myung, J., Martinez, K., & Nordstrum, L. (2013). A Human Capital Framework for a Stronger Teacher Workforce. Advancing Teaching ––Improving Learning. White Paper. Carnegie Foundation for the Advancement of Teaching, 1 –43. Schuler, R. S., & MacMillan, I. C. (1984). Gaining competitive advantage through human resource management practices. Human Resource Management, 23(3), ... Get more on HelpWriting.net ...
  • 17. Essay On Cost Of Capital Cost of Capital Introduction This paper examines key elements of a cost of capital policy to facilitate objective management and allocation of corporate funds. In order for a company to make long–term investments to grow, whether that is new equipment, new products or other assets, managers must be aware of the cost of acquiring any of these assets. The obvious objective for these managers is to earn more than the cost of capital and in doing so will increase their company's market value. If they fail to adequately estimate their cost of capital and their long–term investments fall beneath the cost of capital, their company's market value will decline as a result. This ongoing battle of managing and calculating the cost of capital and ... Show more content on Helpwriting.net ... The greater predictability of the dividend policy normally signals a lower risk factor associated with the company which in turn lowers the overall WACC resulting in lower cost of capital. If the company is erratic on how they payout their dividends, they could face an adverse reaction to risk which would raise their WACC and cost on capital. The last factor that is discussed under a controllable situation is investment policy. When company is consistent in their investment decisions, it is assumed that they are all relatively similar in degree of risk. However, when companies change their investment policy with either less or more risky investments the cost of debt and equity change accordingly. Managers need to take this into account when looking at the overall cost associated capital ensuring that the company is not paying more than what is necessary. Uncontrollable: While managers can control some factors relating to the cost of capital the two more prominent factors that are uncontrollable are the levels of interest rates and the tax rates. When interest rates increase it affects the economy as a whole and increases the cost of debt, which increases the cost of capital. The tax rates on the other hand affect the after–tax cost of debt. As these rates increase, the cost of debt decreases and brings down the cost of capital. Managers are aware of ... Get more on HelpWriting.net ...
  • 18. Capital Punishment Capital Punishment Murder, a common occurrence in American society, is thought of as a horrible, reprehensible atrocity. Why then, is it thought of differently when the state government arranges and executes a human being, the very definition of premeditated murder? Capital punishment has been reviewed and studied for many years, exposing several inequities and weaknesses, showing the need for the death penalty to be abolished. Upon examination, one finds capital punishment to be economically weak and deficient. A common misconception of the death penalty is that the cost to execute a convicted criminal is cheaper than to place a convict in prison for life without parole. Due to the United States judicial system, the process of appeals, ... Show more content on Helpwriting.net ... Whatever they need, they can get (Cummings). In addition to being racially prejudiced, capital punishment places innocent lives at risk. Recently in Chicago, a black man was released from death row after nearly sixteen years in prison. This man, Anthony Porter, came within two days of receiving a lethal injection, until the courts finally agreed hearing on his mental capacity. Porter was very lucky to receive an excellent attorney who managed to prove that Porter was innocent and led the police to a prisoner in Milwaukee who confessed (Kile). This shows the importance of the appeal process found in the courts, which serve to protect the lives of innocent citizens of the United States of America. A writer for The Christian Century writes, "Porter's case brings to light the very real danger that overzealous prosecutors, sloppy legal work and poor legal defense teams will send people to their deaths for crimes they didn't commit," (Kile). If Porter had an equipped defense attorney from the start, he would never have been to prison and nearly killed. Ryan Cummings of The Economist observed that more crimes are punishable by execution, more states have adopted the death penalty and the appeals process has been shortened. The overall expansion of capital punishment endangers innocent lives. Cumulatively, there is now less time and fewer tools to save innocent men and women ... Get more on HelpWriting.net ...
  • 19. Capital Budgeting geting1.0 INTRODUCTION Capital budgeting plays an important role in a firm's financial management, the selection of a project is of great importance because it required a very large capital expenditure which will have a significant impact on the financial performance of the firm. Therefore a mistake in capital budgeting process by a firm will cost them a long period of time. Capital budgeting can be defined or seen as a designed process which involves management of available resources to select long time investments that will generate high return on the investment of those resources, Brealey, R. A et al (2006). Companies are into businesses with the main aim of making profit, therefore, it is vital for companies to know how to evaluate ... Show more content on Helpwriting.net ... International trade involves transactions between two countries and this can only be done with the use of exchange rate, for example an exchange rate of 3.650 Malaysia Ringgits to United State Dollar signifies that 3.650 ... Get more on HelpWriting.net ...
  • 20. The Regulatory Capital Is The Minimum Amount Of Capital Q1 (a) The regulatory capital is the minimum amount of capital that the financial regulator required the banks or the financial institutions to hold (Elizalde & Repullo, n.d.). It is used to help to avoid to risk and reduce the losses that we may have but can't forecast. ("Bank Regulatory Capital – Quick Reference", 2016). The figure of the financial capital is directly set by the financial regulators. The balance sheet capital is the equity part that we recorded on the balance sheet. The regulatory capital is like a standard that all the financial institutions have to achieve. The financial institutions must maintain their capital amount over the minimum amount that the financial regulator required (Elizalde & Repullo, n.d.). However, the ... Show more content on Helpwriting.net ... In 1988, the Basel I was published by the BCBS. It is a new method to the measure the capital and also it focused on the credit risk and appropriate risk–weighting of assets (International convergence of capital measurement and capital standards, 1988). Under the concept of the risk–weighted asset, the regulators can include the riskiness of the bank's activities into the calculations of the capital adequacy (Lange, Saunders & Millon Cornett, 2015). "The core requirement of the Basel I were 2 capital ratios: a minimum 4% for the tier 1 capital ratio and the Total capital ratio for 8% (Lange, Saunders & Millon Cornett, 2015)." The tier 1 capital Ratio can be calculated by the (common equity– goodwill) / Risk–weighted assets (RWA) and the Total capital ratio can be calculated by Total regulatory capital / Total risk adjusted assets. Basel II In Basel II, it improved the measurement of the risk–weighted assets. It includes the market risk, the operational issues and the risks caused by the emergencies like the terrorisms or natural disasters (Lange, Saunders & Millon Cornett, 2015). The Basel II is more detailed than the Basel I. In the Basel II, it creates a new frame, the Three–pillar frame. The pillar 1 is the Minimum Capital Requirements. It is to maintain the regulatory capital of the FI by calculating the 3 main risks, the credit risk, market ... Get more on HelpWriting.net ...
  • 21. International Convergence Of Capital Measurement And... 1.Introduction The 2008 Global Financial Crisis (GFC) and its aftermath had critically damaged the world economy with a drag in global economic growth. Indubitably, the imprudence in which banks managed their risks and capital holdings were among reasons that caused the crisis. It raised the need for industry reform, leading to G20's Basel III proposal in 2010 to strengthen the global capital framework by imposing stricter rules regarding capital and liquidity requirements, as well as a focus on transparency, consistency and quality. 2.Regulatory Framework Table 1 highlights the main differences between Basel I,Basel II and Basel III. Table 1 Basel 1, Basel II and Basel III Basel IBasel IIBasel III FrameworkOne size fits allInternational Convergence of Capital Measurement and Capital StandardsFirm specific and risk based Minimum Capital Requirements8% Total Capital Adequacy Ratio (CAR) 4% Tier 1 8% Total CAR 4% Tier 1 4% Core Tier 1 10.5% Total CAR 6% Tier 1 4.5% Core Tier 1 Measure of Credit RiskStandardized Approach Standardized Approach Internal Ratings Based (IRB) ApproachStandardized Approach Internal Ratings Based (IRB) Approach Measure of Operational RiskN.A.Basic Indicator Approach (BIA) Standardized Approach Advanced Measurement Approach (AMA)Basic Indicator Approach (BIA) Standardized Approach Advanced Measurement Approach (AMA) Measure of Market RiskN.A.Standardized Approach Internal VaR
  • 22. ... Get more on HelpWriting.net ...
  • 23. Capital as a Factor of Production and the Capital Theory... 1.1. Capital as a factor of production and the capital theory debates Beginning in the mid–1950s and for the following twenty years or so, a debate concerning the neoclassical treatment of capital turned apparent in the discipline. This gave rise to a series of exchanges between scholars associated with Cambridge, England, and Cambridge, Massachusetts, (US). This debate is broadly known in the literature as the 'Cambridge capital theory controversies'. The relevance of this controversy lies in that the criticisms of neoclassical theory raised by Cambridge (UK) concern both the theoretical illegitimacy of measuring 'capital' as a single magnitude in value terms to determine prices and distribution, and the foundational premise underlying the dominant supply and demand approach: the factor substitution principle. In the controversies it has been shown that this principle cannot in general be posited to explain the distribution of the social product in terms of supply and demand. This result, discovered by means of the analysis of the relation between prices and distribution in economies with heterogeneous capital goods, has been revealed as theoretically irrefutable, and, as this study will argue, concerns the hard core of the neoclassical or marginal theory both in its traditional (capital measured in value terms) and in its contemporary formulations (capital as a set of heterogeneous goods). Capital as a single magnitude has been the treatment on which, under conditions ... Get more on HelpWriting.net ...
  • 24. Venture Capital : Investment Capital Introduction Venture capital has originated out of the need for non–conventional, high risk finance for new ventures rooted on innovative entrepreneurship. Venture capital is typically an investment in the form of equity, quasi–equity and sometimes debt made in novel or untested concepts, championed by a technically or professionally qualified entrepreneur. Venture capitalis risk capital. It refers to capital investment, both debt and equity, fraught with substantial risk and uncertainties. The risk anticipated may be very high so that possibilities of high loss exists. However, if successful it can yield high returns. Venture Capital Definitions There is no single definition of Venture capital. Jane Koloski Morris, editor of the reputed industry publication, Venture Economics, describes venture capital as 'providing seed, start–up and first stage financing ' and also 'funding the expansion of companies that have already demonstrated their business potential but do not yet have access to the public securities market or to credit oriented institutional funding sources. The European Venture Capital Association defines it as riskfinance for growth oriented entrepreneurial companies. It is an investment for the medium or long term seeking to maximize the return for both the parties. It is a partnership forged with the entrepreneur in which the investor adds value to the company owing to his knowledge, experience and contact network base. Meaning of venture capital ... Get more on HelpWriting.net ...
  • 25. Capital Punishment Capital Punishment and the Death Penalty Capital punishment exist in today's society as citizens of the United States should we have the right to take an individual life. As illustrated throughout numerous of studies the death penalty is an unfair process seven out of ten deaths handed down by the state courts from 1973 to 1995 were overturned when appeal and the seven percent were later found to be innocent. Such as the Dobie Williams case which took place July 8, 1984. Dobie Williams an African American male with an IQ of 65(mentally retarded) who was convicted of killing a white lady by the name of Sonja Knippers. Sonja Knippers was stabbed several times while using the restroom in her Louisiana home. Her husband... Show more content on Helpwriting.net ... According to the Death Penalty Center, in 1973 38 Black people were sentence for death row. Other races were charge with the same crime but Black people were issued death row. Our courts system demonstrates factors that are played in history and today's society. Black life is not valued in the United States. The Stanford Law Review published a study that found similar patterns of racial disparity, based on the race of the victim, in Arkansas, Florida,Georgia, Illinois, Mississippi, North Carolina, Oklahoma and Virginia (see For example, in Arkansas findings showed that defendants in a case involving a white victim are three–and–a–half times more likely to be sentenced to death; in Illinois, four times; in North Carolina, 4.4 times, and in Mississippi five times more likely to be sentenced to death than defendants convicted of murdering blacks. The Florida Law Review published a study that examined all homicides committed and death sentences rendered in Florida between 1976 and 1987.The study found that, in that state, the odds of receiving a death sentence are 3.4 times higher for defendants convicted of killing whites than for those convicted of killing blacks. Additional facts linking race with the death penalty: since the resumption of executions in the early 1980 's, 40 percent of the people executed have been black. In the Oomulgee Judicial Circuit, which encompasses eight counties in Georgia, the district attorney sought the death penalty in 28 ... Get more on HelpWriting.net ...
  • 26. Capital Punishment Capital Punishment Capital punishment, also known as the death penalty, is the toughest form of punishment enforced today in the United States. According to the online Webster dictionary, capital punishment is defined as "the judicially ordered execution of a prisoner as a punishment for a seriouscrime, often called a capital offence or a capital crime" (1). In those jurisdictions that practice capital punishment, its use is usually restricted to a small number of criminal offences, principally, treason and premeditated murder. In the 38 U.S. states and within the federal government currently upholding and enforcing death penalty statutes, this method of punishment varies quite differently amongst them. It is a controversial issue ... Show more content on Helpwriting.net ... The crime rate is lower in the states that do not invoke capital punishment, but as Walter Burns stated "the number of murders tend to rise with the crime rate in general–and not only in America (4). Capital punishment is maintained to hopefully show criminals that when they kill they will eventually meet the same fate. By enforcing the death penalty, the government could be trying to scare criminals from their crimes, and in some cases it has worked. When the death penalty was restored in Kansas, for example, the homicide rate dropped considerably (7). According to research done by Bedau, the crime rate continued to soar between 1960–1969, when capital punishment was rarely being used in most states (7). As a whole, capital punishment has worked to lower homicidal crimes and deter criminals from illegal actions. Capital punishment could help to keep repeat offenders off the streets. In some states the common belief is that imprisoning the murders of society in penitentiaries will keep them from killing again, but this is not true. Even when criminals are imprisoned, their killing can still continue. Bedau did a survey of all the male inmates in state penitentiaries during the year of 1973. He came to the conclusion that after the men were imprisoned for one year, at least sixteen homicides were reported (7). In effect, the ... Get more on HelpWriting.net ...
  • 27. Capital Budget : Capital Budgeting Essay It is probably safe to assume that most households run on a budget and some amount of forecasting, as there are many individuals who might not have an unlimited supply of money. Decisions are made about paying household bills in relation to the income that has been generated. Then comes a point in time when one realizes a need to invest in a home improvement project, this results in an analysis of the finances such as, the expense and benefit of the project. Company's do the same thing except on a much larger scale. Individuals within a company have to take into consideration some of the same things when determining if a project is applicable. This includes, revenue and expenses, in conjunction with the company's fixed assets, all of which, assists in creating a budget and forecast of the company's project's potential cost and benefit, this analysis is known as capital budgeting. Authors Besley & Brigham of the text book CFIN 4, 4th Edition explain, "Thus, the capital budget is an outline of planned expenditures on fixed assets, and capital budgeting is the process of analyzing projects and deciding (1) which are acceptable investments and (2) which should actually be purchased." (Besley & Brigham, 2015, pg. 145). Creating a capital budget and forecast that is as close as possible to the realized impact is essential, it should illustrate a true picture of investments anticipated outcome, review the below scenario and see how this concept can quickly change under pressure. ... Get more on HelpWriting.net ...
  • 28. Capital One Capital One Financial Corporation 1. How is Capital One's use of IT different from other mass customization strategies? Capital One uses IT through its information–based strategy (IBS) to "record, organize, and analyze data on the characteristics and behaviors of their customers," as stated by CEO Richard Fairbank. Their philosophy was to exploit information by constructing scientific models that could be used to both assess the creditworthiness of potential cardholders through FICO scoring, and to customize product offerings for existing ones. This was done through data mining, sorting, customizing offers and marketing campaigns, and then analyzing this data to see what campaigns worked – for what reason and what ... Show more content on Helpwriting.net ... Behavioral interviews, case interviews, and standardized tests were used to find raw talent without focusing on prior industry or marketing experience. These four things are what separates Capital One from its competition, and will sustain their competitive advantage in the future. 3. What are the consequences of Capital One's IT strategy for expansion into different segments of the credit card industry, and into other industry's? The immediate consequences of their expansion strategy proved the efficiency of their statistical modeling to inhibit Capital One from taking any missteps into industry's that are either saturated or do not allow enough growth in the future. Capital One considered expanding into auto insurance and auto financing, but fierce competition, low margins, and stringent regulation kept them from pursuing this immediately. (Capital One did recently acquire Summit Acceptance Corporation – an auto financing company that focused on the sub–prime market). Next they looked at the energy and telecom industries, but consumer energy usage patterns are available publicly which kept them from exploring this option further. America One was created which resold blocks of calling time enabling Capital One to gain a foothold in telecom. An ancillary effect of Capital One looking to broaden its horizons into other industries will promote other companies to review their current IT systems to see where their inefficiencies lie, so they can ... Get more on HelpWriting.net ...
  • 29. Economic Capital EconomicThis document has been made available on www.actuaries.org.uk with the permission of the Society of Actuaries, Schaumburg, Illinois. Copyright 2008. Specialty Guide on Economic Capital Version 1.5 March 2004 Specialty Guide on Economic Capital Section I. II. Page FOREWORD...................................................................................................................1 INTRODUCTION AND OVERVIEW ...............................................................................2 III. EXECUTIVE SUMMARY ................................................................................................3 IV. HOW DO WE DEFINE ECONOMIC CAPITAL? ............................................................5 ... Show more content on Helpwriting.net ... Please refer to this website for any recent developments by this subgroup. Specialty Guide on Economic Capital 3 III. Executive Summary Economic Capital ("EC") has become a topic discussed at various industry conferences, received attention by regulators and rating agencies, and has
  • 30. shown up over the years in various other disciplines, in particular in the banking industry. While the topic is becoming more mainstream, a standard definition of EC is not readily available, as shown by the wide variety of responses to our Economic Capital Survey. While specific definitions vary, some common threads tie the various descriptions together: Sufficient surplus to cover adverse outcomes, A given level ofrisk tolerance, and A specified time horizon. An assortment of risks and various tolerance levels utilized by companies are listed in this document, based on the survey results. Although virtually all types of risks are mentioned, development work to date has been more focused on financial risks, and therefore the document primarily explores these in more detail. While Regulatory and Rating Agency Capital have fairly well defined uses (i.e., determining solvency and creditworthiness of an organization), Economic Capital impacts many company business management and decision–making processes. EC can also have quite a few macro applications within a company. For example, a company can be ... Get more on HelpWriting.net ...
  • 31. Social Capital Reflection Race/ethnicity, gender, sexuality, citizenship status, phenotype, language, ability status, etc. are all things that generate certain privileges and/or disadvantages for educational access and opportunity. Race/ethnicity, gender, etc. also shape our human, cultural, and social capital. Human capital is the education, training, health, and investments we have. Social capital is the social networks we have at our disposal. Cultural capital is an accumulation of cultural knowledge, skills, and abilities that are possessed and passed on by privileged groups in society (2017). In my situation, my ethnicity, gender, citizenship status, and language have shaped my human, cultural and social capital. This memory begins with a bus ride. A white beat up bus surged through the deadly heat waves, swerving around the uneven dirt road full of rocks. I look out the crazed window and gaze at the moving cars that seem like ghosts with headlights. We were on the way to Tijuana. We had a few belongings packed in our bags which were all that we could carry. There was no fear or concern on my part because we were constantly moving. For months, we had been migrating from one ... Show more content on Helpwriting.net ... My advantage is being bilingual because I able to communicate in more than one language, so I can easily communicate with many individuals. When I am searching for jobs I usually come across a post that says Spanish speaker preferred. I see posts searching for Spanish speakers. I have had five different jobs and in all five I have utilized both English and Spanish. At a previous job, I had I worked with a high school teacher and another teacher who has been principal and superintendent. I was able to get the job because I am bilingual. Thanks to my biliteracy I have two mentors who have guided me and explained to me the ways to get a job as a teacher. Apart from that, I am able to use them as references and get recommendation letters as ... Get more on HelpWriting.net ...
  • 32. Capital Punishment Essay: Retain Capital Punishment? Capital Punishment – Retain or Not? This essay tangles with the question of whether or not we should retain the death penalty within the American code of penal law. There is a feeling of frustration and horror that we experience at the senseless and brutal crimes that too frequently disrupt the harmony of society. There is pain which accompanies the heartfelt sympathy that we extend to the victims' families who, in their time of suffering, are in need of the support and compassion of the whole community. Nothing will ever bring their loved ones back. Quite clearly, such violence is to be denounced vehemently. Appropriate measures should be employed to safeguard our community and reduce the incidence of ... Show more content on Helpwriting.net ... Also Steven Brian Pennell was executed after a highly–publicized series of crimes(Steven). We believe that this event in the state ofDelaware requires that we as a community once again re–evaluate the use of the death penalty in the light of our conviction that life is a gift of God. Though the state has the right to inflict the death penalty, we question whether the state should exercise the use of that right. In a world filled with violence, one more act of violence, we believe, only serves to make society less sensitive to the intrinsic value of human life. Usually, punishment is meted out to criminals as an example to deter others from acting in a like manner; or to allow an opportunity for the convicted individual to reform; or for the sake of retribution. However, it seems that the deterrent value of capital punishment is, at the most, doubtful; that the plea for retribution, when the death penalty is involved, reflects a more primitive form of justice than we in the United States would like to claim as our own. Indeed, the taking of the life of another person hardly restores the imbalance created by the original homicide. Rather, it promotes further violence. The Christian tradition has always upheld the sanctity and dignity of the human being, made in the very image of God (Genesis I). Each person receives life as a gift from God, a gift to be nurtured, a gift over which we have stewardship but not absolute dominion. The right to ... Get more on HelpWriting.net ...
  • 33. Human Capital And Non Physical Capital It is well known that unmeasured cross–country differences in human capital reveal as cross–country differences in TFP, but it is still hotly debated for how much human capital can account. Mankiw, Romer and Weil (1992) emphasize the importance of investment in human capital and claim that the Solow growth model augmented to involve human capital can account for most of the variation in differences in output per capita. On the other hand, several recent works provide different conclusion, for example, Manuelli and Seshadri (2005) argue that most cross countries differences in output per worker are not affected by differences in human capital (or physical capital) but might be affected by differences in residual, total factor productivity (TFP). This paper tends to summaries the main arguments and approaches of Mankiw, Rome and Weil (1992, MRW hereafter) and Manuelli and Seshadri (2005, MS hereafter), also compares and contrast their main findings. Finally, the paper will give some brief comments and criticisms on these two papers. Motivation and intuition of MRW It is well known that the Solow Model is the first neoclassical growth model, while recent findings and corollaries are not entirely preferable due to some uneasiness. For example, Solow Model can qualitatively but not quantitively analyze the impact on growth path of two exogenous variables: saving rate and population growth. In addition to this, Solow Model predicts absolute convergence across countries with ... Get more on HelpWriting.net ...
  • 34. Social Capital By Robert Putnam Social Capital : Robert Putnam Professor name – Dr. Josephine Anthony Ramesh Prakash Khade M2015CF022 Social capital refers to the resources available in and through personal and business networks. Social capital defines that social networks have value. Social capital also refers to collective value of all "social networks" and the fact arise from the things doing for each other in networks. The term Social Capital emphasizes not just feelings but, a wide variety of benefits which flow from trust, reciprocity, information, and cooperation with social networks. Michael woolock states in his papers that among the people working in the field, there has been a visible convergence towards something like its definition he offers. Networks have the value for the people who are in them, and they have. There are both public and private faces of social capital. Putnam in social capital largely focusing on the external returns, the public returns to social capital, but Putnam think that is not at all inconsistent with the idea that there are also private returns. Capital emphasize that social capital whether physical capital was homogeneous to be susceptible to aggregate measurement. There is debate going on human capital and social capital obviously there are many different forms of physical capital for eg. An egg–beater and an aircraft carrier enter into the American national accounts as little bits of physical capital, and yet they are not interchangeable. ... Get more on HelpWriting.net ...
  • 35. Human Capital Development INTRODUCTION In this individual assignment I have chosen "HUMAN CAPITAL DEVELOPMENT" as my topic. In this assignment I discussed human capital development as it is related to Human Resource Management. According to Mayo(2000) focuses on a definition of human capital and defines it as: " a capability, knowledge, skill, experience, and networking with the ability to achieve results and the potential for growth; individual motivation in the form of aspirations, ambition, drives, work motivations and productivity; work group effectiveness in the form of supportiveness, mutual respect sharing and value; leadership in the form of clarity of vision and ability to communicate that vision; organizational climate in the form of culture particularly the freedom to innovate, openness, flexibility and respect for the individual." in (Thomes N. Garavan, Michael Morley, Patrick Gunnigle, Eammon Collins 2001 p.50).Relatively in an easier way to understand " human capital is the collective value of the capabilities, knowledge, skills, life experiences, and motivation of an organizational workforce." (Ghee Soon Lim, Rebert L Mathis and John H. Jackson 2009 p.12) In this assignment we have three issues which are definition of human capital, human capital is an asset and the importance of human capital development. The reason I want to discuss about definition human capital because that have many meanings for human capital. How about why I discuss about human capital is an asset? We must know ... Get more on HelpWriting.net ...
  • 36. Summary De Soto The Mystery Of Capital Ahmed Alqahtani Dr. The Mystery of Capital Despite the fact that this cheerful demeanor towards neediness is certain, keeping in mind through and through the entirety of slum property is tremendous, has De Soto, an industrialist overlooked what free enterprise is about? Private enterprise is for the individual performing artist, acting in their own particular speculation toward oneself. He never answers how the individual living in the slum can achieve this. I'm tired to acknowledge their property estimation will sum to enough. The Puzzle of Capital is the most imperative piece of De Soto's book, where he investigates how to resuscitate this dead capital; his answer is formal property rights. De Soto, clarifies what he implies by dynamic capital drawing on Smith references saying "for aggregated resources for get to be dynamic capital and put extra ... Show more content on Helpwriting.net ... This is on the grounds that the late mass urbanization that has been happening around the globe. De Soto states "for better or for more regrettable, individuals outside the West are escaping independent and separated social orders in a push to raise their expectations for everyday life by getting to be associated in much bigger markets" (De Soto, 70). As being what is indicated, this is an issue we must acknowledge as certain and location. Especially urbanization must be tended to as these nations fail to offer the organizations to manage the mass relocation to their urban focuses and they are bringing about "the fracture of their property game plans and the inaccessibility of standard standards that permit resources and monetary operators to cooperate and governments to run by law" (De Soto, 76). Marx would say that this is the bourgeoisie keeping the proletariate from using the instruments of the bourgeoisie, politically estranging ... Get more on HelpWriting.net ...
  • 37. The Enigma Of Capital And The Crisis Of Capitalism A Critical Review of David Harvey's The Enigma of Capital and the Crisis of Capitalism Sudheer Vemuru Economics 490 10 November, 2014 In writing this paper, I have abided by the Honor Code at UNC–Chapel Hill. Signature:____________________ ______________________ пїј The Enigma of Capital and the Crisis of Capitalism is a forum for author David Harvey to voice his concerns on the contemporary global capitalist model. As a Marxist geographer and anthropologist, Harvey analyzes modern capitalism through a lens of skepticism that results in a scathing renunciation of the capitalist goals of perpetual accumulation and creative destruction. Harvey argues that in a world constrained by scarce resources and burgeoning social barriers, the capitalist process produces a strange dynamic that oscillates between periods of crisis and boom (40). In the end the capitalist may be able to hedge against her losses, but the vast majority of the population will wallow in the doldrums, enslaved by the power of capital and unable to pull themselves up by their bootstraps. Such is the extent of the problem we face in the wake of the Great Recession. The economy continues to grow modestly, while median household income shrinks (Noss 2). The capitalists are reloading once again at the expense of Main Street. As Harvey points out, there is a great need to reevaluate of our views of modern capitalism. The Enigma of Capital is just a starting point. Harvey begins his analysis of capitalism with a ... Get more on HelpWriting.net ...
  • 38. Social Capital And Cultural Capital After cultural capital and cultural arbitrary, then, comes the third capital, which Bourdieu's theory terms habitus. Habitus is a term, which is similar to cultural capital because they are transmitted from home: "Like cultural capital, habitus is transmitted within the home" (Sullivan 149). However, there is a dissimilarity concerning cultural capital and habitus: "... whereas cultural capital consists of the possession of legitimate knowledge, habitus is a set of attitudes and values, and the dominant habitus is a set of attitudes and values held by the dominant class" (Sullivan 149). Also, part of the habitus is the positive attitude towards education, as Sullivan mentions "A major component of the dominant habitus is a positive attitude ... Show more content on Helpwriting.net ... Santos tributes the adolescent's weathered physical attributes to the complete abandonment of her father, which is reflected in the comment of Santos on the action of her father: "Hace mal tu padre en no ocuparse de ti como mereces...." (Gallegos 115). This uncaring of self–appearance by Marisela implies that she does not have the same educational level and understanding to that of Santos and, therefore, her understanding of what appearance implies, is unclear to her; it is unclear to her because she is not educated and has a lack of understanding, which to Bourdieu's explains that cultural competence is needed to understanding the meaning of the self–appearance code: "a work of art has meaning and interest only for someone who possesses the cultural competence, that is, the code, into which it is encoded" (1665). Also, the conversations that Santos has with her about her appearance has no meaning to her because: "a beholder who lacks the specific code feels lost in a chaos of sounds and rhythms, colors, and lines, without rhyme or reason" (Bourdieu 1665). However, this will all change as Santos begins to convey his habitus unto her. The ultimate objective of Santos is the modernization ... Get more on HelpWriting.net ...
  • 39. Cultural Capital And Social Capital Alongside both racist and sexist media constructionism, hackneyed class cliches are equally as pervasive. Pierre Bourdieu coined the phrase 'cultural capital' which is the representation of the cultural knowledge, temperament and disposition that is inherited from generation to generation. Published to the Oxford University Press, Pierre Bordieu explained his theory of cultural capital as consisting of three elements: "cultural capital can exist in three forms: in the embodied state, i.e., in the form of long–lasting dispositions of the mind and body; in the objectified state, in the form of cultural goods (pictures, books, dictionaries, instruments, machines, etc.), which are the trace or realization of theories or critiques of these theories, problematics, etc.; and in the institutionalized state, a form of objectification which must be set apart because, as will be seen in the case of educational qualifications, it confers entirely original properties on the cultural capital which it is presumed to guarantee" (Bourdieu 1978). Another important facet of Bordieu's theory of cultural capital is a 'habitus' which is "a set of dispositions that incline agents to act and react in certain ways – particularly, the result of structural conditions, but it simultaneously organizes practices and perceptions." (Bordieu 1978) Noticeably similar to social constructivism, cultural capital is an occurrence that has the capacity to institutionalize harmful stigmatic stereotypes. To further ... Get more on HelpWriting.net ...
  • 40. Capital Punishment Outline I.Religious Views a.Hinduism b.Jainism c.Buddhism d.Judaism and Christianity e.Islam II.Who a.Countries b.States c.Juveniles III.What Ways IV.Why, Laws Broken a.Laws about it b.Cost c.Wrongful accusation V.Increased Murder Rate VI.Conclusion Did you know, that according to a study at North Carolina State, a murder case cost 2.16 million dollars more with a death penalty then with a sentence of life imprisonment? It 's true! It is estimated that the death penalty cost the U.S. Judicial System an extra one billion dollars a year! It 's not only expensive, it 's wrong. The worst part is Juveniles are being executed. This is wrong because the human brain is not fully developed until the 20s. ... Show more content on Helpwriting.net ... From 1999–2003, thirty–five juveniles were sentenced to death. Also note that just seven states have executed juvenile offenders since 1976. Since 2000, only three countries have executed juvenile offenders. These include the Democratic Republic of Congo, Iran and Pakistan. This making the U.S. the only country to still have it because all three other countries have either abolished it or are in the process of abolishing it since 2000. The leading
  • 41. methods of execution are hanging, stoning, beheading, shooting, electrocution, and lethal injection. Many countries retain hanging as the standard mode of execution. This style mostly occurs in the Mid–East and in Asia. Only six countries still stone criminals to death. Five countries use lethal injections; this is the most popular method in the United States, accounting for 58 out of 59 executions in 2004. The practice of the juvenile death penalty dates back to the 17th century, when a sixteen–year–old boy became the first juvenile sentenced to death. More than three centuries later, the Supreme Court established the age of sixteen as the minimum age for death sentences. In 1972, the Supreme Court banned the death penalty. Five years later it was reinstated, but with certain conditions. Only to be deterred with violent crime. Most offenders under the age of eighteen ore sent to juvenile courts. These are separate from regular criminal courts, ... Get more on HelpWriting.net ...
  • 42. The Importance Of Natural Capital On Human Capital Natural capital is interconnected with human capital in that human capital depends upon natural capital for survival. Human capital relies on clean air, groundwater, surface water, food, soil for crops, minerals from the soil, crops themselves, fuels, fibers, materials to build with, ocean fisheries, climate control and regulation, and so much more. Many of the goods and services provided to humans by natural capital go unnoticed and as a result, natural capital is taken for granted. Additionally, natural capital also depends upon human capital for survival. Natural capital relies on human knowledge, skills, experience, education, and capabilities so that it is enhanced and not destroyed. For instance, rural Dewitt farmers use the soil to plant crops such as corn, beans, and wheat. They also use the land for baling hay. When there is a drought, the farmers rely on groundwater that natural capital provides to water their crops. An inexperienced farmer may do the same crop year after year. Whereas an experienced farmer knows that to keep the soil full of nutrients and prevent soil erosion, they must rotate the crop from corn to beans and vice versa, as different crops provide different nutrients to the soil. The education and experience that a farmer has about the land and its use, could be the difference of natural capital being enhanced or destroyed. Natural capital depends on social capital for resource productivity and sustainability. Social awareness and lifestyles that ... Get more on HelpWriting.net ...
  • 43. Capital Punishment And Capital Involvement Capital punishment is an individual punishment to death for committing a crime. The history of capital punishment fluctuates worldwide, between different governments and beliefs. The current issue of capital punishment is taking lives without having a reliable reason to take them to the death penalty. One large and main issue is that capital punishment breaches, or breaks two essential human rights, which are the rights to life, and rights to living free of torture. This is a huge issue because an individual should not be able to surpass any conditions when the operations of the executions go against human rights. Another opposition of capital punishment is that many countries are sided with the penalties, however, the citizens of the country may think differently dependant on their religions and beliefs. The opposition between the government and the population in the country is another large issue because the diverse opinion only makes matters worse. Though many countries remain to argue that the punishments are beneficial, terminating the legal penalty would save thousands of lives. Discontinuing the penalties would benefit the whole world by cutting the large amount of taxes just for individual deaths, and the new adjustment would save lives from false reasons, and misunderstandings. UN Involvement: The main participant into capital punishment is the OHCHR or the Office of the High Commissioner for Human Rights. The committee is helping with the global issue by having ... Get more on HelpWriting.net ...