What determines the distrbution of income between wages and profits Essay

What determines the distrbution of income between wages and profits - Essay Example Consequently, the wages paid to the workers in the cinema theatre would reduce. An opposite scenario in this context would be that if the public transport is privatized, the wages paid to the bus conductors would possibly increase. 2. The bargaining power of the workers is another significant factor that plays a role in the determination of distribution of income between wages and profits. The point to be noted here is that bargaining power of the work force can be more important than their productivity. 3. Profits not only depend on the macro factors such as the country’s economy but they also depend on the cost of production which can be company/industry specific. For instance, some companies who believe in excellence would spend a lot on innovation, resulting into low cost of production and high profits. This could also result into high wages. 4. The wages paid would also depend on the size of the company and industry. If the company is growing in size, the wages paid would be high; similarly wages are of growing nature in sunrise industries. Companies who have maintained oligopoly in the market can also afford to pay high wages. 5. Fields such as Information technology and Finance are of revolutionary and innovative nature, so we find wages to be very high in these fields. Similarly companies in any industry such as biotechnology, weapons manufacturing and aerospace that are of innovative nature can afford to pay high wages to the workers. 6. Another important factor is the distinction between skilled and unskilled workers. Skilled workers certainly get paid more than unskilled workers. The point to be noted here is that skilled workers enable the company to make more profits. 7. Referring to the above point again, we can also conclude that skilled/unskilled workers working in the specialty and niche areas will be paid more than

Aristotle: Above the Mean :: essays research papers fc

Aristotle: Above the Mean   Ã‚  Ã‚  Ã‚  Ã‚  With the strict oppression of thought by religion and government in the 2nd century B.C.E., it’s a surprise in itself that Aristotle, a man with such revolutionary thoughts and ideas was able to let his thinking be known to the entire world (as it was known back then). It is therefore even more surprising that his idea’s have survived these many centuries though books, a medium of writing that has a notorious reputation of being burned when something in its contents doesn’t match the current beliefs of the established system of government or the church. We can certainly all be thankful that his idea’s have survived thus far because of the tremendous impact that they have had on thought, government, and the way of life throughout the entire world in general. Aristotle was a revolutionary thinker whose ideas have no rival from anyone in his own school of thought.   Ã‚  Ã‚  Ã‚  Ã‚  In book Two of Aristotle’s Nichomachean Ethics, Aristotle lets out arguably some of his best work. The idea that in life, people shouldn’t strive to be the best, but instead aim for the middle, or the mean as Aristotle calls it, was something new and innovative not only then, but even to some people today. He further backs his assumption up by supplying more than enough examples. To start out, Aristotle first defines what is â€Å"good† and what is â€Å"bad†. He does this by providing examples of several things that have both a good side along with a bad side. One example he gives is lawmakers. A lawmaker can have a positive effect on society or a negative one. Judging by the effect his laws have on the people, he is then determined to be either a bad lawmaker or a good one. Moreover, the lawmakers themselves have the power of making people into either good or bad citizens. This is done by instilling either good or bad habits into the citizens through the legislation that the lawmakers pass (Pg. 99). This once again, in turn, dictates whether the lawmakers themselves are good or bad lawmakers. Aristotle’s idea of this is (to use a clichà ©) is â€Å"Right on the money†. Even in today’s world, people are judged by their actions. That is to say, if someone does something good in their life, they are considered a good person, conversely, if a person is known for a failure, the people around them regard that person as a failure; or as Aristotle would simply put it, â€Å"bad†.

History, Genocide, Social Intolerance and Bigotry Essay

Lessons of history have been correctly utilized in a sense that the eventualities and circumstances in the past served as a learning experience for a better future. History served as a reminder on how to uphold the positive undertakings and set aside those which only causes strife. On the other hand, it can be used incorrectly in such a way that oppressed people may tend to see their gloomy past as a reason to revolt and take up arms. Moreover, utilizing history as a predictive instrument has observable limitations in a sense that the eventualities in the past does not necessarily manifests in the future, although it may influence it. On the contrary, history basically serves as a reference point to which critical judgment and better analysis of certain circumstances in the present and the future could be applied. In relation to that, observing the massive killings happening around the world, like acts of genocide could be defined as a deliberate attempt of any group to eliminate and annihilate a certain ethnic group in a belief that cleansing a whole group will also abolish oppression and conflict. According to Gregory Stanton of Genocide Watch, there are actually stages that ultimately leads to genocide. The eight stages are as follows: Classification, or the stage wherein individuals start to cluster the people with the â€Å"us and them† method; Symbolization, where people practices labelling and name calling; Dehumanization, wherein certain groups perceive others not worthy to be considered human beings; Organization, or the establishment of a structured group like militias; Polarization, which divides the group apart because of the works of extremists; Preparation, or the drawing out of death lists and threats; Extermination, or the mass killings and ethnic cleansing stage; and Denial, wherein the perpetrators makes a lot of effort in covering up their inhumane acts and intimidates their witnesses (Stanton, 1996). Some acts of genocide is reported to have been institutionalized and sanctioned by the government like the Janjaweed militia of the Darfur crisis. These Janjaweed forces are believed to be supported by the government because it is through this powerful group that the oil from the Darfur region could be accessed since they threaten the people with acts of violence (Koerner, 2005). Having dominion over the oil industry in Darfur would allow economic growth and stability. For its political implication, the government continually supports the undertakings of the Janjaweeds because they continue to uphold the purpose of their creation which is to destroy the African tribes who were believed to be supporting insurgent groups against the government (Reeves, 2005). In line with that, a possible foundation of social intolerance resides in the people’s fear of the unknown wherein they are uncertain in accepting other people’s perspectives apart from theirs, fearing the implications it may have on them. Another basis of social intolerance and bigotry are the people’s lack of openness to communicate to other people and a feeling of superiority over individuals who are not â€Å"like† them or have similar ideologies. References Koerner, B. (2005). Who are the Janjaweed. Retrieved June 5, 2008, from http://www. slate. com/id/2104210/. Reeves, E. (2005). Genocide in Darfur-How the Horror Began. Retrieved June 5, 2008, from http://www. sudantribune. com/article. php3? id_article=11445. Stanton, G. (1996). The Eight Stages of Genocide. Retrieved June 5, 2008, from http://www. genocidewatch. org/8stages. htm.

Private Prisons Use A System Known As An Occupancy...

Private prisons use a system known as an occupancy requirement. Such is a case in which a private company requires a state to keep a prison the company owns filled with a minimum percentage of inmates. This policy is made to stand no matter how crime in the state may fluctuate. Occupancy requirements are common practice within the private prison industry. In the Public Interest group reviewed 62 private prison contracts. The group found that 41 of those contracts included occupancy requirements that demand local or state government must keep the prisons between 80 to 100 percent full. According to the report all the big private prison companies such as CCA, GEO Group, and the Management and Training Corporation try to include occupancy†¦show more content†¦The three strike law was ruled unconstitutional by the US Supreme Court in 2015. Some individuals arrested under it have been realised. However, during its existence, it had made the building of 20 new federal prisons ne cessary. Another law that benefits private prisons is mandatory minimum sentences. This is a law that ensures a minimal number of years is sentenced for a certain crime, as decided by the Supreme Court. The law, therefore, doesn’t allow for the consideration of individual circumstances such as criminal history. This law has caused a tremendous increase in the prison population. The mandatory minimum sentence law is enforced on judges, but not prosecutors. However, under the circumstance, it is considered that prosecutors who would gain professionally from successful convictions, do not have sufficient incentive to exercise their discretion responsibly. While it is apparent why companies involved in the prison industry would support or even push for such a law, they are not the sole cause of the making of this law. There are three main groups outside the prison industry who, due to knowledgeable beneficiary intentions or misinformation, strengthen the strict law against crime and cause the overpopulation and long sentencing that in turn make the prison industry profitable. One of the ulterior motivatedShow MoreRelatedCorporate Lobbying : Detention Watch Network1869 Words   |  8 PagesDetention Watch Network Another strategy is a system known as occupancy requirement. Such is a case in which a private company requires a state to keep prisons the company is building or taking over filled to a minimum percentage. This policy is made to stand no matter how crime in the state may fluctuate. Occupancy requirements are common practice within the private prison industry. The In the Public Interest group reviewed 62 contracts for private prisons operating around the country at the localRead MorePrivatization Of Prisons And Its Effects On Private Prisons2897 Words   |  12 PagesPrivatization of prisons is the confining of inmates by a third party that is contracted by a government agency and it refers to the takeover of present public facilities by private operators and the operation of new prisons by for-profit prison companies. Privatization is simply a contract that shifts public functions and responsibilities, in whole, from the public sector to the private sector. Private prisons can als o be defined as a contract to provide other services to public prisons such as transportationRead MoreFederal Prisons And Its Effects On The United States3590 Words   |  15 Pagesbudget did not allow for prison expansion so, as a result, they needed more investment from companies. Plus, the extreme overcrowding in federal prisons assured the government they needed to find a way to solve the issue on hand. In order to reduce spending in prisons, the government turned to private organizations to begin running correctional facilities with more efficiency which allows for less overcrowding in federal prisons and less tax dollars needed to run a prison, but soon causes its downfallRead MoreProvincial Jail10855 Words   |  44 PagesArchitecture, Industrial Design, and Built Environment | Proposed Redevelopment of Provincial Jail of Batangas | AR 200 - Thesis Research Writing | BY | CALINGASAN, NANCY APRIL2005109704 | 5/10/2012 | Crowding, degrading physical and mental health of prisons, and deteriorating environmental quality are common issues in Philippine jails. This research aims to suggest built environment improvements in provincial jails considering both its punitive and reformative functions. Architectural recommendationsRead MoreThe Department of Corrections Essay2847 Words   |  12 Pages1700 the basements security was proved to be inadequate, so guards were hired to watch the prisoners. In 1759 the first facility was built specifically for use as a jail. It was named New Goal. Most of the jail housed civilian lawbreakers except for a few debtors and paupers. 1775 brought about the construction of a workhouse known as Bridewell. It was to be placed in New York City Hall Park but its construction was interrupted by the War for Independence. In 1788 the New York State LegislatureRead MoreA Research Project On Immigration Detention Centers9708 Words   |  39 Pages Immigration Detention Centers, A Haven of Abuse A Research Project Submitted to the Faculty of National University in Partial Fulfillment of the Requirements for the Degree of: Bachelor of Science in Homeland Security and Emergency Management May 2017 By Hugh H. Scully II Instructor: James Sytsma â€Æ' SENIOR RESEARCH PROJECT APPROVAL FORM I certify that I have read the project of Hugh H. Scully II entitled instructions for the preparation of the Senior Research Project and that, in my opinion;Read MoreSupply Chain Management : Strategic Objectives2699 Words   |  11 Pagesis not a new practice. Actually, contracting of goods and services has been historically reported even before the Industrial Revolution in the UK, where the government was serviced under contract by the private sector. Some examples of that age outsourcing services are road maintenance and prison management. However, the direct government involvement in the economic activities that became a trend after the Industrial Revolution, led to the internalization of the overall firms’ activities [1]. DuringRead MoreProject Management : Development Appraisal And Economics3568 Words   |  15 PagesSUMMARY AND ANALYSIS: 3 2.1 Procurement Methods versus Project Cost 3 2.2 Procurement Methods 4 2.2.1 Traditional or Design-BID-Build 4 2.2.2 Design and Build 5 2.2.3 Management Contracting / Construction Management. 6 2.2.4 Public – Private Partnership (PPP) 7 2.2.5 Private Finance Initiative (PFI) 8 2.2.6 Framework Contracting 9 2.3 Integrated Project Delivery (IPD) in construction procurement. 9 3.0 SUMMARY CONCLUSIONS and ASSUMPTIONS 10 Item 3.1 – Ownership. 11 Item 3.2 and 3.6 – Budget and FinancingRead MorePurpose of Evaluating Customer Service Policies26269 Words   |  106 PagesAll rights reserved. The copyright of this manual belongs to the Government of the Hong Kong Special Administrative Region. Commercial use is strictly prohibited. Offenders will be liable to the legal responsibility. Schools need not apply for permission to copy this manual in whole or in part for non-profit making educational or research purposes. All other uses should gain prior permission in writing from the Government of the Hong Kong Special Administrative Region. Requests should be directedRead MorePurpose of Evaluating Customer Service Policies26276 Words   |  106 PagesAll rights reserved. The copyright of this manual belongs to the Government of the Hong Kong Special Administrative Region. Commercial use is strictly prohibited. Offenders will be liable to the legal responsibility. Schools need not apply for permission to copy this manual in whole or in part for non-profit making educational or research purposes. All other uses should gain prior permission in writing from the Government of the Hong Kong Special Administrative Region. Requests should be directed