Thursday, September 19, 2019
How Important is Being Earnest? Essay -- Literary Analysis
Oscar Wilde is the author of the comedic play, The Importance of Being Earnest, which is a drama about two people who hold double lives trying to be the same person. While Wilde intended for his play to have people filling the theatre with laughter he conveys a deeper meaning. By looking closely at the characters in the play readers can see everyone is very selfish or egocentric. All the events that occur between the characters happen because they are only thinking about themselves. The lives of all the characters mingle together all due to this one character named Ernest who is first created by the character, Jack, for personal benefit. Ernest is spelled different from the word ââ¬Å"earnestâ⬠which means serious in purpose or sincerity of feelings. Wilde uses this play on words to create a satire on the morals of people during his time period. The characters in the novel do not display earnestness but disrespect. The main characters will find out that being sincere and honest is better for them than lacking respect for others. The first character readers meet is Algernon, a friend to Jack, who is preparing for his aunt, Lady Bracknell, to arrive. After a conversation with his manservant he says ââ¬Å"Really, if the lower orders donââ¬â¢t set us a good example, what on earth is the use of them? They seem, as a class, to have absolutely no sense of moral responsibilityâ⬠(Wilde 6). Algernon believes people of less fortune have fewer morals. For example marriage is less important. Algernon displays hypocritical characteristics because he is going to try to base a marriage off of a fake identity. Another subtle hint to Algernonââ¬â¢s selfishness is when he eats all the cucumber sandwiches meant for his aunt. As he is sitting there talking to Jack he... ...to build relationships. They are building the relationships based on lies and deceit rather than being earnest which would build a stronger relationship. At the end of the play all is well and the truth comes out. The characters have finally learned their lesson the being earnest is important. It is not the name that is important but their qualities as a person. The characters can now live happy, fulfilling, honest lives with their spouses. Wilde portrays how morals are important through a comedic satire. Works Cited Wilde, Oscar. The Importance of Being Earnest. New York: W.W. Norton &, 2006. Print. JACOBS, KATHERINE. "Shakespeare's MUCH ADO ABOUT NOTHING 5.4.109-18." The Explicator 59.3 (2001): 115. Literature Resource Center. Web. 4 Apr. 2012. Doniger, Wendy. ââ¬Å"Self Impersonation in World Literatureâ⬠Literature Resource Center. Web. 4 Apr. 2012
Wednesday, September 18, 2019
Essay --
Almost everyone seems to believe that we live in a world with objective norms; norms about we should and shouldnââ¬â¢t do, norms about what is good and what is bad, what is right and what is wrong. We are always interested in discussing what is morally right or objectively valued but do we ask whether anything is anyhow valued? The error theory already asked whether norms exist at all and what we may mistake as an objective value. Error theory rejects the idea that there are objective moral norms, values, and rights that are independent of us. Moral claims are generally understood to be objective and controlling. An objective claim is a claim about the way the world is, it is the truth of the world out there, independent of what people think about the world. If it is a norm says that killing is wrong, then killing would remain wrong even in civilizations that permit it or force it. To say that a claim is objective is to say that it exists objectively and does not claim anything about us. What we mistake to be an objective claim is only a personal demand but enclosed in a mistaken normative language. If we say: ââ¬ËDonââ¬â¢t allow abortionââ¬â¢, this is what we demand. But if we say ââ¬ËAbortion is wrongââ¬â¢, we are saying that there is some independent fact, an objective norm created not by us or by anyone. It just exists objectively. But moral claims only arise when people demand and recommend, and demands could never be objective. But what is really going on when people make moral judgments? The moral judgments we make are things we think are true, things that we think we are doing, what we intend to do. A group of persons, or even every person on earth can be mistaken about some accepted beliefs, but it makes no sense to say that all of them are... ...nk that if we are not guided by norms, we will be guided by selfish or cruel motives. We are instinctively influenced by self-interest and anger, but thanks to centuries of preparation of civilizations to respect other people, we have developed sensitive and friendly personalities. As we begin our day we normally follow laws, and we rarely think about consequences or about what norm require us to act. Our daily decisions are made of our instincts, desires, habits, feelings, and beliefs. Selfishness and normative beliefs play a small role in this world of decisions but what we end up doing is the product of countless and often imperceptible reasons. The moral error theory is not widely believed, but the error theory is closer to our common sense because it does not require us to hold on to false and doubtful claims, or to waste time arguing about our own projections. Essay -- Almost everyone seems to believe that we live in a world with objective norms; norms about we should and shouldnââ¬â¢t do, norms about what is good and what is bad, what is right and what is wrong. We are always interested in discussing what is morally right or objectively valued but do we ask whether anything is anyhow valued? The error theory already asked whether norms exist at all and what we may mistake as an objective value. Error theory rejects the idea that there are objective moral norms, values, and rights that are independent of us. Moral claims are generally understood to be objective and controlling. An objective claim is a claim about the way the world is, it is the truth of the world out there, independent of what people think about the world. If it is a norm says that killing is wrong, then killing would remain wrong even in civilizations that permit it or force it. To say that a claim is objective is to say that it exists objectively and does not claim anything about us. What we mistake to be an objective claim is only a personal demand but enclosed in a mistaken normative language. If we say: ââ¬ËDonââ¬â¢t allow abortionââ¬â¢, this is what we demand. But if we say ââ¬ËAbortion is wrongââ¬â¢, we are saying that there is some independent fact, an objective norm created not by us or by anyone. It just exists objectively. But moral claims only arise when people demand and recommend, and demands could never be objective. But what is really going on when people make moral judgments? The moral judgments we make are things we think are true, things that we think we are doing, what we intend to do. A group of persons, or even every person on earth can be mistaken about some accepted beliefs, but it makes no sense to say that all of them are... ...nk that if we are not guided by norms, we will be guided by selfish or cruel motives. We are instinctively influenced by self-interest and anger, but thanks to centuries of preparation of civilizations to respect other people, we have developed sensitive and friendly personalities. As we begin our day we normally follow laws, and we rarely think about consequences or about what norm require us to act. Our daily decisions are made of our instincts, desires, habits, feelings, and beliefs. Selfishness and normative beliefs play a small role in this world of decisions but what we end up doing is the product of countless and often imperceptible reasons. The moral error theory is not widely believed, but the error theory is closer to our common sense because it does not require us to hold on to false and doubtful claims, or to waste time arguing about our own projections.
To His Coy Mistress Essay: An Act of Persuasion -- His Coy Mistress Es
à To His Coy Mistress: An Act of Persuasionà à à à à à à à In the poem by Andrew Marvell, he tries to persuade a lady of his love, that she should do as he wishes,à and give herself up for him.à In order to do so, he expresses his arguments in the poem being discussed. à à à à à à à à In the second line he starts off trying to persuade her,à by telling her that she really does want to give herself up to him,à but is too shy.à He reassures her, and tells her that this does not matter, and there is nothing wrong with it, however she must look beneath her coyness.à This seems to be his main argument, along with the concept of time that is discussed on a very broad basis.à The reader is also informed of the title of the poem, and this makes it clear to the reader, and indeed his mistress, that this is all that stands between her and his love à ââ¬Å"This coyness, Lady,à were no crime.â⬠à the poet tries to persuade her by continuously reminding her about the problem of time.à He does this by mentioning the Indian Ganges,à and the Flood.à The Indian Ganges supposedly mark the end of time,à whilst the Flood marks the end of life as well,à but in the biblical sense. à ââ¬Å"Thou by Indian Gangesââ¬â¢ sideâ⬠à ââ¬Å"Love you ten years before the Floodâ⬠à This idea of time running out is also emphasised further in the middle of the poem,à as well as right at the end.à At first he mentions that she shall not live for ever,à and the day will come where she will die,à and then they can no longer enjoy each others love. à ââ¬Å"Timeââ¬â¢s winged chariot hur... ...x lines of Andrew Marvellââ¬â¢s poem,à he brings across a certain image.à The imagine of time hurrying on,à and there being nothing he can change about it.à He tries to create an image of the two of them finding there way together,à and making the best of things.à He seems to want to suggest to her,à in an open and honest way,à that he cannot promise that their future will always be rosy,à but it should be a future and a destiny they should share. à ââ¬Å"And tear our pleasures with rough strifeâ⬠à The closing six lines paint a very harmonic picture in the readers eye,à and with it a peaceful image of two lovers going through life together,à and cherishing every minute,à until they day that they die. à ââ¬Å"Thus,à though we cannot make our sun Stand still,à yet we will make him run.ââ¬
Tuesday, September 17, 2019
Changes and Improvement in Recruitment and Training
Changes and Improvement in Recruitment and Training of Business Company: With a reference to 7-Eleven Corporation Abstract Purpose ââ¬â This essay aims to account for the ways in which recruitment and training deeds are changing with an instance of 7-Eleven Corporation and to point out the reasons for the main changes and improvement in the process of training and recruitment of a business company.Findings ââ¬â The essay indicated that the methods of recruitment and training process of business companies or organizations, is increasingly focused on a sophisticated, objective and effective way, which adding modern training methods to the recruitment system such as e-leaning and multi-skills training. Keywords Recruitment, Training, 7-Eleven Paper type Viewpoint 1. IntroductionRecruitment and training is an essential process for business and organizations of searching for and offering potential Job for applicants in sufficient quantity and quality so that employers can obtain t he most suitable candidates to fill in their Job vacancies (Brains, M. , 2008). Nowadays, business recruitment and training has become one of the tough challenges for corporations who have realized that the future of their organizations depends on the recruitment and selection of the best among an increasing number of employees.However, it seems that attracting a large umber of applicants is still not a major problem but recruiting the right applicants is the main concern of many employers. Therefore in order to analyses the recent developments in recruitment and training sessions, this essay will present the changes of recruitment and training needs with an example of 7-Eleven Corporation. Then have a little discussion about the reasons of the main changes and how can the corporation do to improve the process of recruitment and selection. 2.The process of recruitment and training in 7-Eleven 7-Eleven Corporation is the world's largest operator, franchiser, and licensor of nonviolen ce stores, primarily operating as a franchise, with more than 50,000 outlets located in 16 countries (Wisped, 7-Eleven, 2014). Based on its large market and business expansion, 7-Eleven needs to recruit thousands of employees every year. 7- Lenten Company owns a very professional training system. Normally most employees are begin recruited in November and their selection processes run in the Spring for a period of a few months.Within this period of time, the applicants would be strictly demanded with their professional skills. Take the retail employee training f 7-Eleven as an example, training of frontline retail employees falls into three main categories: (1) Operational. (2) Customer service. (3) Leadership (Irreproachableness. Com, 2014) Operational training is the most essential part to the business operation, which includes how to operate a cash register, how to inventory merchandise shipments, how to make a super hamburger, etc.Customer service training is aiming at providing employees with product knowledge as well as relationship and selling skills. Subjects often include how to handle troublesome customers and how to suggest appropriate add-ones to the purchase of particular product. Leadership training gives select individuals the business and relationship skills they need to advance in- to managerial positions (Wisped, 7-Eleven, 2014). 3. Ways in which recruitment and training needs are changing In the few five years, (Youth, 2014), the training process of 7-Eleven had individually changed.In order to gain a more competitive position in products sales marketplace, the business recruitment department of 7-Eleven has eagerly adopted computer-based training or ââ¬Å"e-learningâ⬠. Take a food production department as an example, on average, it might take eight hours of training before an employee becomes productive. However, employees are taught to reduce those eight hours of training to six hours through some e-learning and other electronic Job aids on the Job, which lead to gain productivity and reduce training costs. It's exactly the kind of e-learning that I think is most effective,â⬠says Schooled (Youth, 2014), ââ¬Å"It's learning that's needed, and it's put into practice immediately. â⬠Another interesting research (Brains, M. , 2008) notes that, there is an increasing number of employers tend to expect newly applicants to have good transferable skills, as well as former working experience, rather than only excellent academic grades. 4. Reasons for these changes (1) It is obviously showed that the development of e-learning lessons for the training program is partly because of the widespread use of new technology (Irreproachableness. Mom, 2014). The internet started to dominate the process of recruitment as more and more business companies used the internet for advertising vacancies, testing online and even online purchasing. (2) Secondly, the purpose of emending of transferable skills for newly employees i s to develop their multi-skills including communication skills, problem-solving ability, IT skills, etc,. (3) Further more, instead of higher education qualification or fantastic academic grades, the relevant working experience is highly concerned to the recruitment and training process.For instance, the retail training in 7-Eleven, if an employee used to have a Job in other convenience stores or work as salesmen, it would be quite essay to catch the new position in 7-Eleven. The only thing for him might be acquainted with the new reduces. 5. Improvement of recruitment and training process (1) Firstly, with the growing tendency to the needs of computer technology, the most popular method of recruitment is the internet learning session (Berger, Z. , 2008). The employers encourage e-mail applications, online applications and even online testing.Each above could be a effective way to exam the employees about IT skills. (2) As to the needs of working experience and flexible skills for t he employees, a further improvement indicates that the employers can take the training strategy of ââ¬Å"transfer he positionâ⬠, which means an employee would be trained in different departments of equal time period. The employees would be dramatic benefited from various types of work. Meanwhile, the company they served would also have a better observation of the employees of what the perfect position for each individual. . Conclusion The analysis has shown that the methods of recruitment and training process of all employers, regardless of organizational size or business type, is increasingly focused on a sophisticated, objective and effective way. Comparing with the type or level of lubrication acquired, many employers become more interested in the transferable skills of applicants (such as communication skills, problem-solving ability and learning capability). Therefore, the recruitment and training process has become more practical, rather than theoretical.
Monday, September 16, 2019
Difference in Metaphysics Between Aristotle and Kant
What is the central difference between metaphysics as Kant conceives it, and metaphysics as Aristotle conceives it? Argue in support of one or the other view. Metaphysics is usually taken to involve both questions of what is existence and what types of things exist; in order to answer either questions, one will find itself using and investigating the concepts of being.Aristotleà proposed the first of these investigations which he called ââ¬Ëfirst philosophyââ¬â¢, also known as ââ¬Ëthe science of beingââ¬â¢ however overtime his writings came to be best known as ââ¬ËMetaphysicsââ¬â¢ in which he studied being qua being with a central theme of how substance may be defined as a category of being. Kant who is a nominalist criticized both Aristotelian and therefore realistsââ¬â¢ ideas of metaphysics by suggesting that they seek to go beyond the limits of human knowledge.Furthermore Kant argued that the structure of the world as it is in itself is unreachable to us; me taphysicians must be content to explain the structure of our thinking about that world. In this essay I will examine the two main exponents of such a doctrine in favor of realists by looking at the main differences of Metaphysics as Aristotle and Kant conceive it, which is centered on the all important question of whether metaphysics is a science of mind or of being.There have been disagreements between philosophers about the nature of metaphysics; Aristotle sometimes characterizes the discipline as the attempt to identify the first cause or better referred to as the unmoved mover and other times as the very universal science of being qua being. It is however important to remember that both of these characterizations identify one and the same discipline. On the other hand the empiricists and Kant were critical of both Aristotelian and rationalist ideas of metaphysics, by arguing that both disciplines seek to exceed the limits of human knowledge.Kant argued that the structure of the world as it is in itself is inaccessible to us and that metaphysicians must be content to describe the structure of our thinking about that world. Realists such as Plato and Aristotle maintain that for language to even exist there must be some universal quality to phenomenon. To elaborate, human beings do not discuss each object as a completely independent entity to be analyzed but rather draw comparisons to other known objects to compile a series of properties to categorize it.Nominalists, on the other hand, while not denying that humans group things together by virtue of certain qualities, maintain that this is simply a convention of language based on people's perception of them. Just because two objects share the same perceptible quality does not necessarily warrant grouping them together in any real way; it's simply a human way of making sense of reality through the senses. As soon as one asks the most basic questions of ââ¬Ëwhat is Aristotelian Metaphysics? What study does A ristotle believe himself to be undertaking in these essays? you find yourself, baffled immediately. ââ¬ËMetaphysicsââ¬â¢ is in fact a compilation of a number of Aristotleââ¬â¢s writings that later on editors put together. It has a central theme of an inquiry into how substance may be defined as a category of being. Book Gamma appears to start on characterizing something which Aristotle calls ââ¬Ëthe science of being qua beingââ¬â¢ and then goes on to a discussion of the principle of non contradiction. ââ¬Å"There is science which investigates being qua being and the attributes which belong to this in virtue of its ownâ⬠(Warrington, 1956, P116).In order to study being qua being, one has to simply study those qualities which hold of entities in virtue of the fact that they are entities. What sort of attributes are qualities of entities qua being? Aristotle insists on unity or oneness as such a feature, on the grounds that everything ââ¬â everything which exis ts is one thing. However Aristotleââ¬â¢s characterization of the subject raises a few doubts: why is there a need to restrict logic to entities? Is the word ââ¬Ëquaââ¬â¢ appropriate? No doubt each entity is one thing but is it one thing qua being, or insofar as it exists?Although book Epsilon is rather brief, it shows a return to the science of being qua being and also passes some remarks on truth. ââ¬Å"If there any immovable substances, then the science which deals with them must be prior, and it must be primary philosophyâ⬠(Loux, 2006, p14). This shows that the immoveable substances are divinities. Book Zeta appears to restrict our subject matter in a rather different way: ââ¬Ëthe question which, both now and in the past, is continually posed and continually puzzled over is this: what is being? That is to say, what is substance? This question defines the nature of Aristotleââ¬â¢s inquiries, at least for a large part of the Metaphysics, and it thus offers a f ourth account of the study or science of metaphysics. ââ¬Å"The science of first principles, the study of being qua being, theology, the investigation into substance ââ¬â four compatible descriptions of the same discipline? Perhaps there is no one discipline which can be identified as Aristotelian Metaphysics? And perhaps this thought should not disturb us: we need only recall that the metaphysics was composed by Andronicus rather than by Aristotle.But the four descriptions do have at least one thing in common: they are dark and obscureâ⬠(Ross, 1996, p174). Books Zeta, Eta and Theta, together form the central part of the Metaphysics, with a focus on their general topic ââ¬Ësubstanceââ¬â¢: its classification and relation to matter and forms, to actuality and to potentiality, to change and generation. According to Aristotle, there is one kind of being which is in the strictest and fullest sense, substance. What we donââ¬â¢t see in Metaphysics is Aristotle treating the categories as a whole.The substance is the whole thing, including the qualities, relations etc which form its essence and this can exist apart. Secondary substances being universals, cannot according to Aristotleââ¬â¢s own doctrine exist apart, but must be supplemented by the special qualities of their individual members. Substance is prior in definition; in defining a member of any other category you must include the definition of the underlying substance. Substance is prior for knowledge; we know a thing better when we know what is than when we know what quality, quantity or place it has.In this realist point of view substance is evidently being thought of not as the concrete thing but as the essential nature. And this double meaning spreads through Aristotleââ¬â¢s whole treatment of substance. The existence of substance and the distinction between it and other categories is for Aristotle self-evident. Kant on the other hand seems to suggest that the necessity for metaph ysics is a psychological one, arising out of menââ¬â¢s desires which is the main difference between Aristotle and him; however I would argue against Kant that this is not the case and it is a logical necessity.It arises out of the mere pursuit of knowledge thus that pursuit, which we call science, is an attempt to think in a logical and systematic manner. This involves unraveling the presuppositions of our thoughts. Furthermore it involves discovering that some of them are relative presuppositions which have to be justified and that others are absolute presuppositions, which neither stand in need of justification nor can in fact be justified; and a person who has made this discovery is already a metaphysician.Kant intends to defend metaphysic and scientific knowledge by providing an accurate analysis of human reason. His theory is based on his discovery of synthetic a priori knowledge, judgments that are both informative and necessary. However I would argue against this nominalis t point of you as thereââ¬â¢s a problem with explaining how much judgment should arise, as well as to give an explanation of their truth.In other words The Critique of Pure Reason argues that the necessary metaphysical principles underlying all hypothetical knowledge originate in the pure forms of feeling and the intellect. Furthermore In Kantââ¬â¢s point of view, there are no universal concepts underlying reality, simply the phenomenon in front of us. Realists, on the other hand, maintain that all things that share the same property ââ¬â for example, greenness for all things with the color green ââ¬â are therefore linked by this property. Sharing this property implies possession of the same universal form.Nominalism posits that what is perceived is what exists in reality, whereas realists view a perceived object as the manifestation of a universal concept. Consequently, perception is not a one-to-one process of seeing something as it actually exists, but a synthesis o f the underlying concept and real phenomena. Kant wrote the Critique of Pure Reason not as a piece of constructive metaphysical thinking, but it was placed before the public in order to move away from errors which had obstructed and did obstruct metaphysical thinking.In his preface, he argued that his view of Metaphysics is concerned with God, freedom and immortality; however as well as dealing with these subjects, it also signified an inquiry to which men could never be indifferent and which they would never renounce thus the question was no longer about whether people should have metaphysics or no metaphysics but whether they should have good metaphysics or bad metaphysics. He also argued that metaphysicians were to blame for this state of things and that a sounder metaphysics was not to be looked for until those errors had been cleared away. Kantââ¬â¢s way of accommodating both the Aristotelian and Newtonian world pictures alike- both natural teleology and natural mechanism is to ground both in the necessary possibility of rational human nature. According to Kant, the natural world is an objectively real material world in which human persons actually do exist, and consequently in which human persons must also be possibleâ⬠(Hanna, 2006, p15). Kantââ¬â¢s point is that if metaphysical knowledge is possible, it will share some of the distinctiveness of logic.For Kant, any science must be based on necessary principles as one would not be able to be certain of what theories are true if scientific principles were only contingent. However unlike logic, which is purely formal, metaphysics has content because it is the science of reality. For Kant, The Laws of logic are not absolute or universal they are in fact left with everything else knowable as phenomenal. ââ¬ËNominalist is trueââ¬â¢ and ââ¬ËA and Not A, cannot both be trueââ¬â¢ are both true statements but only and only because this is the way our subjective minds structure and condition reality.They can never true in the universal and absolute sense without this phenomenological caution. For Kant these statements are not necessarily true (though it may be) outside of phenomenal experience. There is no question that Kant intends his theory of pure concepts to replace Aristotleââ¬â¢s theory of the categories. In his categories, Aristotle identified ten classes as the fundamental ontological types under which all things fall: substance, quantity, quality, relation, place, time, posture, state, action and passion.He thought that things falling under all categories could be subject of essential predications, but only substances can keep their identities while undergoing change in time. In general the categories express metaphysical principles that set limits on meaningful discussions. Kantââ¬â¢s idea of categories differentiated from Aristotleââ¬â¢s in the sense that, he argued rather being empirical, in order for the categories to be successful, they must sho w that the concepts are pure and have originated in understanding rather than sensibility.In addition the list must include only fundamental concepts, and it must be systematic to ensure completeness. Kant believes it is possible to obtain a complete list because pure concepts express functions of the understanding, thus the key to a complete list is to assume that the understanding has one function. It can be argued that this method is an improvement over Aristotleââ¬â¢s who merely conducted an empirical survey of concepts, which can never guarantee the systematic completeness of the list. In Aristotleââ¬â¢s case it is unclear whether he saw it as a doctrine about things and their basic properties or about language and its basic predicates; whereasà Kantà quite explicitly used his categories as features of our way of thinking, and so applied them only to things as they appear to us, not as they really or ultimately areâ⬠(Barnes, 1995, p75). In conclusion Aristotle a nd Kantââ¬â¢s metaphysics differentiate in the sense that one is arguing in favor of realism and the other is arguing in favor of Nominalism.Although there is no doubt that both ideas have faults, the account I agree the most with is indeed Aristotleââ¬â¢s conception of metaphysics as it focuses on the logical necessity of metaphysics rather than psychological. The main differences between the two accounts can be seen in their treatment of perception, treatment of universals and treatment of language. Bibliography Ackrill, J. L. 1995. Aristotle. London: Routledge. 161 Allison, H. E. 2012. Essays on Kant. Oxford: Oxford University Press Barnes, J. 1995. The Cambridge companion to Aristotle. Cambridge: Cambridge University Press Buroker, J. V. 2006.Kantââ¬â¢s Critique of pure reason: an introduction. Cambridge: Cambridge University press. Page 8 Collingwood, R. G, 1966. An essay on Metaphysics. Oxford: Oxford University Press. Hanna, R. 2006. Kant, Science and Human Nature. O xford University Press: Oxford. Loux, J. 2006. Metaphysics a contemporary introduction. London: Routledge Ross, D. 1996. Aristotle. London: Routledge Shields, C. 2007. Aristotle. London: Routledge Gardner, S. 1999. Kant and the Critique of Pure Reason. London: Routledge Smith, N. K. 2007. Critique of Pure Reason. London: Palgrave Macmillan Warrington, J. 1956. Aristotleââ¬â¢s Metaphysics. London: J. M. Dent & Sons
Sunday, September 15, 2019
Current Issue on Islamic Banking and Finance Essay
New paradigm of product packaging. Islamic banking and finance has emerged as a financial intermediation process that is competitive and resilient and that contributes to the overall wealth creation, growth and development of our nation. In the middle of an increasingly challenging and competitive financial environment, the evolution of a comprehensive Islamic financial system seeks to meet the range of requirements of a rapidly changing economic environment, with its soundness and stability secured through the robustness of its regulatory framework supported by the strength of its financial infrastructure and the sophistication of its products and services. Indeed, the strength of the respective components of the system and the interconnections of its markets will open new frontiers in Islamic banking and finance and will maximize the potential and opportunities that it accords. In the new current issues on Islamic banking and finance have increased their product in sophistication from the deposits product to hybrid product that are able to enhance returns to depositors. Further advancement was made with the introduction of the Islamic variable rate financing mechanism that provides an alternative to the fixed rate financing. This will assist the Islamic banking institutions in mitigating part of the risk emanating from asset and liability mismatches. New innovative Islamic financial instruments such as Islamic asset-backed securities have also emerged and the financial structures underlying Islamic securities become more specifies. The rapid growth of Islamic unit trusts comprising a variety of bond funds, equity funds and balanced funds increases the efficiency and potential of the Islamic financial system as an intermediation channel by providing investorsââ¬â¢ access to professional asset management that is based on their distinct risk tolerance levels. The issuance of new Islamic banking licenses to qualified foreign financial institutions will allow for the presence of foreign Islamic banking players to act as bridge between Malaysia and other global Islamic financial markets and increase the potential to tap new markets and growth opportunities.
Saturday, September 14, 2019
Environmental Ethical Issues Essay
The world has over the last few years been witnessing a remarkable rise in awareness in philosophical ideologies that are geared towards the environment. A number of theories such as animal rights, eco-feminism, deep ecology, bio-centric ethics and other theories have been proposed with the main aim of providing value to the environment. Environmental philosophies have helped in exploring various causes of environmental destruction and the proposals they put across that would help to reverse the trend of destruction and restore the environment to an acceptable level. Most of the practices that these theories try to raise are geared towards grappling with the effects produced by the industrial and economic cultures that thrive in most countries. However, a variety of issues arise pertaining to the applicability of environmental ethics and whether the theoretical outcomes are attainable (Brennan and Lo, 2009). Nature has always been an important aspect of human life, this is evident with the recent surge of focus in the subject as more and more people become aware of the environment. The issue of environmental ethics came into being as a discipline in schools in the 1970ââ¬â¢s. Philosophies during the 1960ââ¬â¢s had the perception that the late 20th century would witness a ââ¬Ëpopulation time bombâ⬠. Rachael Carol was one of the vocal scientists who drew much attention to the issue of an environmental crisis by detailing the impact that pesticides would have on the environment. Lynn White jr. also did a masterpiece essay that traced the roots of environmental crisis by arguing that Judeo-Christian thinking was a major contributor in the over-exploitation of nature. He argues that the thinking was that human beings were superior to nature, which is a theory that is widely discussed in theology and history. This as he argues tends to cause a kind of arrogance towards nature and this tends to be a cause environmental crisis (Brennan and Lo, 2009). Polluting or destroying the environment is behaviors that are considered as immoral and this perception proves that human beings are embracing the concept that a sustainable environment is necessary for survival. However, the process of keeping a sustainable environment may mean culling animals, destroying overpopulated species, putting out natural fires and this often leads to some issues such as the morality of the actions taken. Another issue that arises is the restoration of an environment after destruction such as when a mining company restores a land after working on it for a while which begs the question of whether there is a ââ¬Å"difference between restoring an environment or a natural oneâ⬠(Brennan and Lo, 2009). Modern day scientists have often argued that finding a distinction between ââ¬Å"instrumental values and intrinsic valuesâ⬠is of great importance (Brennan and Lo, 2009). Instrumental values mean that are usable while on the other hand, intrinsic values are not reusable are an end to their survival. Fruits are considered to be of instrumental value to bats that feed on them since this makes the bats survive. The fruits on the other hand are not widely regarded as having an intrinsic value for themselves. This debate has been one of the contentious environmental ethics issues. Things considered being of intrinsic value demand protection morally with regard to those that are instrumental. Most traditional thinkers often tagged the term intrinsic value only to humans with a renowned philosopher Aristotle arguing that ââ¬Å"nature has made all things specifically for the sake of manâ⬠which means that everything else is classified as instrumental (Keller 2010). However, with the advent of the environmental ethics, the issue of manââ¬â¢s moral superiority to other species in the planet is been challenged. The other borne of contention that is trying to be tackled, is the classification of intrinsic and instrumental values among various species. Modern scientists have often argued that the main essence of environmental ethics is directed towards providing moral grounds for policies that are aimed at protecting the planets environment and tackling issues of environmental degradation before they get out of hand (Keller, 2010). The fate of the outcomes that environmental ethics aims to fulfill lies in how various laws will be enacted. A considerable number of philosophers have come up with ideologies and they should be used in order to formulate laws so as to promote environmental values that are acceptable and also attainable. Everybody should be part of ensuring that the environment is being conserved so as to ensure survival of for the present and future generations. It cannot escape out attention that we are living in a nuclear age where we heavily depend on energy that produces waste which some of it is hazardous to the environment and even unrecyclable. These types of waste require careful management in getting rid off, so as to ensure that they do not pose significant threats to the environment. Although these types of waste may not have short-term effects at the present, they may be catastrophic for the future generation and thus the need to practice wise environmental ethics at the present to ensure survival and a future for the planet. References: Keller, D. R. (2010). Environmental Ethics: The Big Question. New York: John Wiley and Sons. Brennan, A. and Lo, Y. (2009). ââ¬Å"Environmental Ethicsâ⬠, The Stanford Encyclopedia of Philosophy (Winter 2009 Edition), Edward N. Zalta (ed. ), derived on August 16, 2010 http://plato. stanford. edu/archives/win2009/entries/ethics-environmental/ .
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