Saturday, May 23, 2020
Imagine a woman was raped and later became pregnant. Shouldn t she have the right to abort the child or should she be forced to deliver? Put yourself in her shoes. Can you imagine the pain she might feel every time she looks at the child? Should she be forced to endure this? Women should be allowed to have abortions under circumstances such as these. Abortion has been a topic of debate for centuries if not longer. Abortion occurs when a fetus is removed from a woman s body before the fetus is able to fully develop. Before the 1800s, not many laws existed concerning abortion. It was not until 1973 that the Supreme Court listened to a case concerning abortion. In 1973, the Supreme Court struck down all state laws that had ruled abortion illegal in Roe versus Wade. However, many still argue that abortion should be illegal. Abortion should be legal and an option available to expecting mothers due to issues such as rape, life or death situations in mothers, and teen pregnancy. In every situation, there are exceptions. Rape should be one exception as to why abortion should be legal. It is estimated that between 1 and 2 percent of pregnancies are an result of rape and/or incest. While this number may seem like such a small percentage, this means that about 1 and every 6 pregnancies is a result of a woman that was raped. Should a woman who experienced such a tragic event be required to keep a child that serves as such a reminder. In my opinion, no. One of the mostShow MoreRelatedAbortion Should Not Be Legal1647 Words Ã |Ã 7 PagesOne of the most highly debated topics is abortion and whether or not it should be legal. People who oppose abortion, meaning they are pro-life claim that abortion should be completely illegal with no aspects of it whatsoever; it can be a murder for the people standing against it. The other side of the argument, meaning people who are pro-choice, defend it by believing it to be a right been given to the women. They also claim even if abortion was to be illegal, it would still be practiced. EveryRead MoreAbortion Should Not Be Legal920 Words Ã |Ã 4 Pagesworld has struggled with for ages and one thing that people are advocating around the world for is abortion. Abortion is either a procedure or pill that stops a fetus s heart. Abortion should not be legal because life beings at creation, abortions are a direct violation of the 14th amendment, and thousands of people would love to adopt a child: handicapped or otherwise. Abortion should not be legal because life begins at creation. What is creation? Some people say conception, but it actually isRead MoreShould Abortion Be Legal?1320 Words Ã |Ã 6 PagesAbortion, as you all may know, is a really popular topic. There have long been many debates between the two groups, pro-life and pro-choice. People who are pro-life believe that part of the governmentÃ¢â¬â¢s job is to protect all forms of human life. Those who are pro-choice believe that every individual should have control over their own reproductive systems. Pro-life supporters strongly believe that even an undeveloped fetus has life; it is still growing and it needs to be protected. And this soundsRead MoreShould Abortion Be Legal?1217 Words Ã |Ã 5 PagesNovember 2015 Should Abortion be Legal Among all the issues that have been fought for or against in the United States, abortion may be one of the most popular issues that Americans are passionate about. Abortion is defined as the removal of the embryo or fetus from the uterus in order to end a pregnancy. Thousands of abortions take place every single day, and yet public opinion remains at a standstill as to whether or not abortion is ethical. Everyone holds different opinions on abortion. The proponentsRead MoreAbortion Should Not Be Legal Essay1596 Words Ã |Ã 7 Pages Abortions have been performed on women for thousands of years. Abortion is the deliberate termination of a human pregnancy. Most often it is performed during the first 20 weeks of being pregnant. The controversy over whether or not abortion should be legal continues to divide Americans till this day. An important landmark case was the Roe v. Wade case, where the Court argued that the zone of privacy was broad enough to encompass a woman s decision whether or not to terminateRead MoreShould Abortion Be Legal? Essay1089 Words Ã |Ã 5 PagesWhen the word abortion is heard, it is always associated with many negative things such as murder and inhumanity. However not legalizing abortion creates a huge problem for women around the world. Having a child takes consideration, planning and preparation and if pregnancy happens without any of this, why bother to have it at all? The reasons why abortion should be legal is that it supports the fundamental human rights for women by giving them a choice, it reduces crime by reducing the number ofRead MoreShould Abortion Be Legal?1135 Words Ã |Ã 5 PagesKelsi Hodgkin Composition 1 Professor Chipps 19 October 2015 Should Abortion Be Legal A common debate in the world today involves abortion, the deliberate end of human pregnancy, and whether or not it should be legalized. Ã¢â¬Å"Every year in the world there are an estimated 40-50 million abortions. This corresponds to approximately 125,000 abortions per dayÃ¢â¬ (Ã¢â¬Å"Abortions Worldwide this YearÃ¢â¬ ). On one side of the argument, people are not disturbed by this grotesque number, and on theRead MoreShould Abortion Be Legal?963 Words Ã |Ã 4 PagesLegal or Illegal? Which would you prefer? Not many are willing to discuss such a gut wrenching topic, but this needs to be addressed. It is a very controversial topic with having to do with women rights and activists. Since there are two sides to every argument, there is one side such as to make abortion legal and the opposing side to keep abortions illegal. In my opinion making abortion illegal can regulate the amount of women who do get pregnant. I believe that making abortions legal will let womenRead MoreShould Abortion Be Legal?867 Words Ã |Ã 4 PagesABORTION Abortion is a deliberate termination of a human pregnancy, most often performed the first 20 weeks of pregnancy. There are series of legal, moral and ethical issues which may arise about abortion. Most arguments about abortion are often focused on political insinuations and the legal aspect of such actions. Some frequently asked questionsÃ¢â¬â¢ regarding the issue is if the practice should be outlawed and regarded as murder or should women have the right to practice it. For example, prior toRead MoreShould Abortions Be Legal?939 Words Ã |Ã 4 PagesShould abortions be legal? Abortions have been a big issue since the Roe v Wade case. There have been a lot of disagreements between the Pro-life supporters and the pro-choice supporters. Pro-life supporters feel like abortions deter murder, while pro-choice supporters believe that the women should be able to make their own decisions. I am a part of the pro-life supporters because I feel like abortions are wrong for several of reasons. Why should women get an abortion if there are other choices for
Tuesday, May 12, 2020
Wednesday, May 6, 2020
The ancient Greeks were the first to introduce philosophical thought to mankind. When one thinks of Greek philosophy, three individuals come into mind Ã¢â¬â Socrates, Plato and Aristotle in this order. Plato was SocratesÃ¢â¬â¢ protege and Aristotle that of Plato. We will write a custom essay sample on American experience or any similar topic only for you Order Now These men not only enlightened men with their brilliance but also helped provide moral guidance to society for this was the role of philosophers whose wisdom was valued and sought for from the lowliest citizen to that of kings. This was all but forgotten during the time of the Romans and the Middle Ages. The Renaissance saw the return of classical Greco-Roman culture in most respects but it fell short when it came to philosophical thought especially in the purview of politics. It was here that a new political thought emerged courtesy of Niccolo Machiavelli. Through his work, The Prince, Machiavelli did not only provide a theoretical framework for his patron, but would also be employed by future leaders who found his ideas not only practical, but very useful in helping them achieve their goals. The Renaissance period was the result of the Humanist movement that emerged during the waning years of the Middle Ages. Prior to this, secular political philosophy was already existing during the Holy Roman Empire but the extent of its influence was rather limited because the academic field was wholly influenced by Christian scholasticism. The Humanist movement picked up momentum as it brought back classical ideas to supplant scholasticism. Those who held on to Christian values saw the Renaissance as the Ã¢â¬Å"return to paganismÃ¢â¬ which was not only evident in the art but in philosophy as well and Machiavelli was the one who stood out during this period with virtually no peer. Machiavelli was born in a tumultuous era of the Renaissance. This was the time the Popes, heads of the Catholic Church were influential enough to raise their own armies and waged war; wealthy Italian city-states, though enjoying relative autonomy from the prosperity they enjoyed were susceptible to attack and conquest by foreign powers such as Spain, France and even the Holy Roman Empire and this was further made complicated and to an extent convoluted with series of political-military alliances which continually changed as erstwhile allies and confederates changed sides on a whim and at any given time. Moving forward beyond MachiavelliÃ¢â¬â¢s lifetime, this was also a similar occurrence in later centuries, thereby validating MachiavelliÃ¢â¬â¢s observations and ideas. This period was also characterized by political instability and volatility as governments rise and fall even though it had barely been around after its installation. This was the world of Machiavelli. Ironically, he himself was its victim when he was part of the republican faction that saw the expulsion of the Medici family from power and was banished into exile by the same family when it was restored to power. It was during this time of exile that he wrote The Prince which he dedicated (ironically) to the Medicis, the very same people who banished him, as a way of currying their favor in ending his exile. The Prince emphasizes how a ruling prince, the title of the rulers of the city-states, can maintain control over all he governs. This is a rather tough balancing act as the prince needs to exercise control over the resources of the state in order to maintain it and at the same time meet the needs of his people. That requires the prince being someone above reproach almost to the point of being infallible, whilst privately acting amorally to meet the goals of the state. Machiavelli based these from his observations as a Florentine diplomat, and his study of ancient history, particularly the history of the Roman Republic. It can be inferred here that by the time Machiavelli wrote The Prince, the ideas embodied here are not exactly new but something he revived based on his studies. In this social and political milieu, Machiavelli observed the way people lived and had in mind a plan to Ã¢â¬Å"educateÃ¢â¬ or Ã¢â¬Å"enlightenÃ¢â¬ leaders how they should rule and even define their lifestyles if they wanted to stay in power longer. During his time, he noticed that most people were obliged to live virtuously as according to Aristotelian ethics. However, he dared to challenge this belief, saying that living virtuous lives does not necessarily lead to happiness. Machiavelli, in a sense of irony and apparently going against the norms, viewed misery as something useful which prince should capitalize on if they wish to rule longer. Machiavelli states boldly in The Prince, Ã¢â¬Å"The answer is, of course, that it would be best to be both loved and feared. But since the two rarely come together, anyone compelled to choose will find greater security in being feared than in being loved. As long as you serve their interests, they are devoted to youÃ¢â¬ ¦Men are less nervous of offending someone who makes himself loveable, than someone who makes himself frighteningÃ¢â¬ ¦A ruler should make himself feared in such a way that if he does not inspire love, at least he does not provoke hatred. For it is perfectly possible to be feared and not hated. Ã¢â¬ (quoted from Morgan 510) From this statement alone, one might think Machiavelli was trying to corrupt minds and undermine the virtues being practiced during his time by entertaining such a thought. But if one would only take an empathic look, The Prince does not dismiss morality, entirely. It somehow redefines morality in more pragmatic terms which is characterized by what is considered Ã¢â¬Å"acceptable cruel action,Ã¢â¬ but it must be decisive, swift, effective, and short-lived. It can be further inferred that Machiavelli saw how ironic it is to yield good results by performing Ã¢â¬Å"evilÃ¢â¬ actions. However, one caveat here is that the Ã¢â¬Å"evilÃ¢â¬ Machiavelli used is not the same as Ã¢â¬ evilÃ¢â¬ in the Judaeo-Christian sense of the word. For Machiavelli, cruelty should not be taken at face value or in absolute terms as had shown in one observation: Ã¢â¬Å"He (duke) put Mr. Remiro dÃ¢â¬â¢Orco, a man both cruel and efficient, in charge, and gave him absolute power. DÃ¢â¬â¢Orco in short order established peace and unity, and acquired immense authority. The duke decided such unchecked power was no longer necessary, for he feared the people might come to hate it. So he established a civil court, placing an excellent judge in charge of it. Ã¢â¬ (quoted in Morgan 493-494) What this means is that Ã¢â¬Å"evilÃ¢â¬ or in this case, cruelty should not be taken at face value for what it denotes. Rather, cruelty is defined as repressive actions taken by the state, more often than not manifested in the use of force to make things happen. But in so doing, the prince, or any ruler for that matter, is justified in his actions because it accomplishes a goal which in this case it to see to the preservation of the state and society as a whole, thus giving meaning to the Machiavellian adage, Ã¢â¬Å"the ends justify the means. Ã¢â¬ As a treatise, its primary intellectual contribution to the history of political thought is the realistic approach which sees how political realism clashes with political idealism and based on MachiavelliÃ¢â¬â¢s observations, the former prevails as the ideals based on classic Greek ideas of Plato and Aristotle tended to find no place in modern society where they used to emphasize the need for Ã¢â¬Å"enlightenedÃ¢â¬ leadership or rule. Modern-day rulers do not have that luxury of being enlightened and they find MachiavelliÃ¢â¬â¢s ideas making more sense. It is only rather ironic and unfortunate that those who subscribed to these ideas are those Machiavelli would not want to Ã¢â¬â tyrants, despots and dictators. His idea of a leader using Ã¢â¬Å"acceptable cruel actionÃ¢â¬ came from the dictators of the ancient Roman Republic. If there is something this paper has proven, Machiavelli is not so bad after all. It would appear that most of his ideas were taken out of context and given the impression he encouraged rule by tyrants when he actually was not. It was only a matter of pragmatism and to an extent prudence though not in the same level as Platonic and Aritstotelian thought. Works Cited Morgan, Michael L. Classics of Moral and Political Theory 4th Edition. Indianapolis: Hackett Publishing, 1992. How to cite American experience, Papers
Saturday, May 2, 2020
Question: Discuss about the Evaluating Potentiality of Investment. Answer: Introduction: The cost of capital is an important factor, used for evaluating the potentiality of any investment. It depicts the cost, incurred by any firm, for obtaining and maintaining its capital fund. However, most of the firms raise its capital fund through equity financing and debt financing. Therefore, the financial analysts rely on Weighted Average Cost of Capital more than normal cost of equity capital. WACC is calculated on the basis of both the costs, incurred for equity capital and debt capital. Thus, it can depict the overall cost of capital and satisfy both the shareholders and creditors. Arabian Cement Co. Ltd. is an enlisted company in UAE Stock Exchange. The cost of the capital of the company is computed under weighted average method to evaluate the potentiality of the company for investment purpose. Weighted Average Cost of Capital: The two main components of WACC are the cost of equity capital and cost of debt capital. Cost of debt capital can be ascertained from the finance expenses, stated in the financial statements. The cost of equity is, on the other hand, cannot be determined so easily. The most popular method of calculating the cost of capital is the Capital Asset Pricing Model, which determines the cost of equity on the basis on the market stock prices. According to the CAPM Model, the cost of equity is calculated by using the following formula: Cost of Equity = Risk Free Return + Beta x (Market Return Risk Free Return) For determining the cost of equity of Arabian Cement, the coupon yield rate of 1 yr. treasury bond of UAE is considered as risk free return and the average daily return of UAE stock market index is taken as the market return rate. Beta coefficient is the volatility level of the stock of Arabian Cement in comparison to UAE stock market return. As per the above discussion, the cost of equity of Arabian Cement is determined in the following table: After determining the cost of equity, the WACC of the company is computed by using the following formula in the table below: WACC = (Weightage of Equity x Cost of Equity) + (Weightage of Interest Bearing Debt x Cost of Debt) Conclusion: As per the above table, the WACC of the company is 7.55%, whereas, the industrial benchmark of cost of capital is 6.50%. The WACC of the company is higher than the industrial benchmark. Such variance has occurred as the industry is consisted with variety of companies. The cost of equity for the small companies uses to be lower than the large companies, whereas, the large companies can enjoy lower rate of interest on debt capital due to the goodwill and large amount of assets. However, the variance denotes that the company use to incur higher cost than the overall industry for maintaining its capital. The return on equity of Arabian Cement is 36.60%. It can be stated that the company raises its capital at lower cost but provides higher return on the capital. Therefore, though the WACC of the company is higher than the average industrial rate, the investors can consider Arabian Cement Co. Ltd. as a potential investment option. Bibliography: Arabian Cement Company - Cement, Concrete, Wassal. (2016).Arabian Cement Company - Cement, Concrete, Wassal. [online] Available at: https://www.arabiancement.com/financial-statements-2015 [Accessed 14 Dec. 2016]. Marketstoday.net. (2016).ARCCO | Historical Prices - MarketsToday.net. [online] Available at: https://www.marketstoday.net/companies/arabian-cement-co-ltd/Historical-Prices/42/en/# [Accessed 14 Dec. 2016].