NTRODUCTION TO FINANCIAL MARKET Financial market is where financial securities like stocks and bonds and commodities like valuable metals are exchanged at efficient market prices. Efficient market prices means the unbiased price that reflects belief at collective speculation of all investors about the future prospect. The trading of stocks and bonds in the financial market can take directly between buyers and sellers or by medium of stock exchange. Financial market can be domestic or international. MONEY MARKETS Money market is a centre for Money market become a dealing mainly of a short term component of the financial character, in monetary assets; markets for assets involved in it meets the short-term short term borrowing, lending, requirements of the borrowers buying and selling with original and provides liquidity or cash maturities of one year or less. to lenders.
3. SEAT WORK:
1. What is your definition of Philosophy before the video is shown?
2.What is your definition of Philosophy after the video is shown?
3.Do you need Philosophy to live? Explain.
4.If Philosophy will contradict your faith, are you willing to give up
your faith? Why/Why not?
5.In your opinion, does Science needs Philosophy?
4.
5. Human Flourishing
an effort to achieve self-
actualization and fulfillment
within the context of a larger
community of individuals,
each with the right to pursue
his or her own such efforts.
"when people experience positive emotions, positive psychological functioning and positive social functioning,
most of the time, "living "within an optimal range of human functioning.“_Fredrickson, B. L.; Losada, M. F. (2005)
6. • The progress of human civilizations throughout history
mirrors the development of science and technology.
• The human person, as both the bearer and beneficiary
of science and technology, flourishes and finds
meaning in the world that he/she builds.
• In the person's pursuit of the good life, he/she may
unconsciously acquire, consume, or destroy what the
world has to offer.
7. • Science and technology must be taken as part of
human life that merits reflective and—as the German
philosopher Martin Heidegger says—meditative
thinking.
• Science and technology, despite its methodical and
technical nature, gives meaning to the life of a person
making his/her way in the world.
9. The Question of Technology
Science, Technology & Society
@Martin_Heidegger
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10. To be able to appreciate the fruits of
science and technology, they must be
examined not only for their function but
but also for their greater impact on
humanity as a whole.
11. The current conception of
technology, according to which it is
a means to an end and a human
activity, can therefore be called the
instrumental and anthropological
definition of technology.
12. Technology as a means to
an end.
Technology is a human
activity
13. Technology as a means to
an end.
Technology is a human
activity
Correct !
But not yet TRUE!
14. Poiesis
activity in which a person brings
something into being
Techne
skill, art or craft, a means of bringing
forth
Aletheia
truth, unhiddeness or disclosure
Technology is a way of bringing forth, a making something.
15. By considering technology as a mode of
revealing, then truth is brought forth.
Thus, in Heidegger's work, technology
is a poeisis that discloses or reveals the
truth.
16. TECHNOLOGY AS A POIESIS:
applicable to modern technology?
Science, Technology & Society
@sheenajhane_magana
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17. Modern technology challenges nature
and demands of it resources that are,
most of the time, forcibly extracted for
human consumption and storage.
18. With modern technology, revealing
never comes to an end. The
revealing always happens on our
own terms as everything is on
demand.
19. Questioning as the Piety
of Thought
Science, Technology & Society
@sheenajhane_magana
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20. • Normally, piety is associated with being
religious. For Heidegger, however, piety means
obedience and submission.
• In addressing what technology has brought forth,
one cannot help but be submissive to what his/her
thoughts and reflections elicit.
21. Whatever understanding is found
becomes significant because it is
evoked by questioning who or what
what we essentially are in the
world.
22. It is when we start
questioning that we submit
ourselves to our thoughts.
It is through this process that
one builds a way towards
knowing the truth of who he/she
is as a being in this world.
24. • In simpler terms, it (enframing) is as if nature is
put in a box or in a frame so that it can be better
understood and controlled according to people's
desires.
• Poeisis is concealed in enframing as nature is
viewed as an orderable and calculable system of
information.
25. • In looking at the world, Heidegger distinguished between calculative
thinking and meditative thinking.
• In calculative thinking, as mentioned earlier, one orders and puts a
system to nature so it can be understood better and controlled.
• In meditative thinking, one lets nature reveal itself to him/her
without forcing it.
• One kind of thinking is not in itself better than the other. The human
person has the faculty for both and would do well to use them in
synergy.
26. • However, people also want control and are afraid of
unpredictability, so calculative thinking is more often used.
Enframing is done because people want security, even if the
ordering that happens in enframing is violent and even if the
Earth is made as a big gasoline station from which we
extract, stockpile, and put in standing-reserve, ready to be
used as we see fit.
28. • The individual takes part in the revealing of nature, limits
must still be recognized.
• If we allow ourselves to get swallowed by modern technology,
we lose the essence of who we are as beings in this world.
• If we are constantly plugged online and no longer have the
capacity for authentic personal encounters, then we are truly
swallowed by technology.
• If we cannot let go of the conveniences and profits brought
about by processes and industries that pollute the environment
and cause climate change, then technology has consumed our
humanity.
29. • The saving power lies in the essence of technology as technology.
Essence is the way in which things are, as that which endures.
• Heidegger: "essence of technology is nothing technological" (1977).
The essence of technology is not found in the instrumentality and
function of machines constructed, but in the significance such
technology unfolds.
• Heidegger: various problems brought about by human's dependence
on technology cannot be simply resolved by refusing technology
altogether.
• As expressed by the poet Holderlin, "But where danger is, grows the
saving power also."
31. • Enframing, as the mode of revealing in modern technology, tends
to block poeisis.
• The poetry that is found in nature can no longer be easily
appreciated when nature is enframed.
• In modern technology, the way of revealing is no longer poetic;
it is challenging.
• When instruments are observed linearly, its poetry can no
longer be found.
32. • For example, the watermill is a primitive structure compared to
the hydropower plant; or the first iPhone model is just an
obsolete piece of machine.
• People no longer realize how the watermill is more in tune with
the rhythms of nature or how much genius went into the
building of the first iPhone.
33. • Heidegger proposes art as a way out of this
enframing.
• With art, we are better able to see the poetic in
nature in reality.
• It leads us away from calculative thinking and
towards meditative thinking.
• Through meditative thinking, we will cognize that
nature is art par excellence. Hence, nature is the
most poetic.
Martin Heidegger urges us to question technology and see beyond people’s common understanding of it
“instrumental” and “anthropological” definitions, are indeed “correct”, but do not go deep enough; as he says, they are not yet “true.”
technological objects are means for ends, and are built and operated by human beings, but the essence of technology is something else entirely.
technological objects are means for ends, and are built and operated by human beings, but the essence of technology is something else entirely.
For instance, the truth that the Earth is weeping could be revealed by the information and data taken b}' modem devices. \Vhatever truth is uncovered, it will be something more meaningful and significant than the superficial or practical use of technology
In this m:pping back and taking stock of things, we begin to wonder and question. One may admire the intricacy of mechanisms and the sophistication of mobile applications. Another may marvel at the people and circumstances that allowed for such technology.
In this m:pping back and taking stock of things, we begin to wonder and question. One may admire the intricacy of mechanisms and the sophistication of mobile applications. Another may marvel at the people and circumstances that allowed for such technology.