Justifications for the Institution of Slavery during the Antebellum Era Essay

In Chapter 11, it was stated that â€Å"Slavery is primarily a labor system intended to produce wealth for landowners†¦It increasingly became a capitalistic enterprise intended to maximize profits. As such, it was tied to a growing international web of economic relations. † By 1820, the South became the world’s largest producer of cotton. Cotton required continuous development, land, labor demand and a global system of trade. As such, it depended increasingly on the slave-based economy. However, the Upper South was experiencing a long depression and it affected prices. To survive, either the planters move or stay and diversify. Diversification meant shifting to grains and to selling slaves. Soon, the internal slave trade became a multi-million dollar industry. Until the 1830’s, slavery was explained as a â€Å"necessary evil. † However, the call for abolition of slavery was becoming stronger and they had to change their justification for maintaining slaves to make it more acceptable. The Southerners started to label slavery as â€Å"a positive good. † They based their justifications on five sources – the bible, history, the Constitution, science and sociology. The biblical justification makes reference to the curse imposed upon Ham, Noah’s son and the various verses from both the Old and New Testament reprimanding servants to always obey their masters. For its historical justification, they pointed out that all ancient civilizations were based on it and most likely even the current civilization depended â€Å"on the servitude of the blacks in America. † The Constitution was their reference to its legal justification which refused to abolish slavery and various laws passed protecting it such as the overseas slave trade and mandate for returning slaves to rightful owners. They also turned to science and twisted the data an conclusions to justify that blacks were an inferior race based on the cranial shape and size and must, therefore, submit to their destiny â€Å"to work for the superior Caucasians. † Lastly, the sociological justification was made more clear by the paternalistic statement as advocated by George Fitzhugh that the â€Å"’Negro is but a grown child and must be governed as a child’ and so needed the paternal guidance, restraint and protection of a white master. † Be that as it may, to free the blacks would mean â€Å"giving up our beautiful country to the ravages of the black race and amalgamation of the savages. † On the humanitarian side, they said that it would be heartless to release them especially after seeing that the blacks can only be industrial laborers working like slaves for meager pay from which they will have to use to pay for shelter, food and clothing. They will be a burden to the white people who have to compete for the same job and a burden to themselves for having to fend for themselves without the nurturing protection of a master. These justifications were had to be well-thought of so that it would not run contrary to the prevailing ideological directions of the American society at that time which espoused â€Å"individual liberty, mobility, economic opportunity and democratic political participation. † Moreover, they cannot afford to antagonize the probably envious non-slave owning whites that they had to emphasize â€Å"white superiority regardless of class. † The truth of the matter is that behind all these justifications, the real motive is money. By 1860, the crop per value of a slave is $125. Enslaved women increase their value whenever they give birth to healthy children. A prime field worker which sold for $600 in 1844 can go as high as $1800 following a cotton boom. All things told, what mattered most is that slavery is profitable.

Business Structure Advice Essay

Owner- Congratulations for taking the first step in starting your own business. I am confident that I can provide you the necessary information that you need in order to help you make the best decisions for you and your new business venture. Developing a detailed business plan is key in starting a successful business. When forming a business you will first need to decide on the business structure. In your email you stated that you were on whether or not you wanted partners. You have the following options for business structures: sole proprietorship or partnership. A sole proprietorship is the basic type of business structure. It would consist as you being the owner only to run and operate the business. The advantages of this business structure is that it is easy to start-up, the start-up costs are low and the owner receives all profits from the business. Also, the owner can upgrade to a partnership or corporation easily in the future. A disadvantage to this business structure is the proprietor is responsible for debts and obligations. Business earnings for a sole proprietorship is taxed once, thus making filing taxes not complicated. Funding for a sole proprietorship is usually from personal finances and friends and families. This is due to limited financial opportunities from lending institutions and investors. A partnership involves you and at least one other person. There is two types of partnerships: general and limited. In a general partnership owners are equal and split responsibilities accordingly. In a limited partnership the limited partner have a limited role. The advantage of a general partnership is that the business is easy to start and profits and losses are divided among the partners. A disadvantage is that all partners are liable for debt. Another disadvantage is that all partners are bound to actions or decisions made by one partner. Last, this is not a good structure if the partnership wants large capital. For this type of business structure, each partner is taxed. A limited partnership is ideal for who has a preference of not having an active role in the company. Advantages include: minimum government regulations, limited partners not held responsible for debt and liabilities, and gener al partners have complete control. Disadvantages for a limited partnership are: more expensive to create compared to a general.

Interpersonal Roles

Lamond, D. (2003). Henry Mintzberg vs. Henri Fayol: Of Lighthouses, Cubists and the Emperor's New Clothes. Journal of Applied Management and Entrepreneurship, 8(4), 5-23. This article talks about Mintzberg’s and Fayol’s theories regarding managerial work. It is mentioned that Fayol’s managerial function and Mintzberg’s managerial roles can be connected with one another. (Tsoukas 1994, as cited by Lamond, 2003) â€Å"the logical links between Fayol’s functions and Mintzberg’s roles are demonstrated†. This article explains the interrelation between managerial functions and managerial roles in particular group so that the management in organisation can run effectively. This article is useful for the author’s research as it gives explanation about the importance of interpersonal roles in relations with managerial functions while Robbins et al. (2003) book only provides the basic theoretical managerial roles without further relate with any other managerial components. Mintzberg, H. (1975). The manager's job: folklore and fact, Harvard Business Review, 53(4) 49-61. Mintzberg’s (1975) article shows how interpersonal roles play important part for managers to make decisions and strategies; it also describes the importance of how interpersonal roles are integrated with other roles to achieve effectiveness of managerial work. Mintzberg (1975) suggested that â€Å"Three of manager’s roles arise directly from his formal authority and involve basic interpersonal relationship. † (p. 54). This article is useful for the author’s research as it gives an insight towards the importance of interpersonal roles for manager to avoid misunderstanding between the modern and traditional managerial works. This article is better compared to Pavett and Lau (1983) about managerial work’s article because it provides several examples that support the importance of international roles by providing evidence in reality such as the modern and traditional managerial works that have been misunderstood by society. Pavett, C. M. , & Lau, A. W. (1983). Managerial work: The Influence of hierarchical level and functional speciality. Academy of Management Journal , 26(1), 170 – 177. Through this article, Pavett and Lau (1983) show the influence of hierarchical level and functional speciality on managerial roles. (Mintzberg, 1975, as cited in Pavett & Lau, 1983) â€Å"differences in managerial work involve the relative’s importance of the roles across hierarchical level and functional speciality†. The research focuses on the integration between hierarchical level and functional speciality with managerial roles. This article is useful to the author’s research topics as Pavett and Lau (1983) give a relevant statistics about how hierarchical level, functional speciality and managerial roles are integrated, especially when the interpersonal roles are dominantly seen in hierarchical level and functional speciality as an essential part compared to the book written by Robbins et al. (2003) which only mentioned about the theory without justified examples to support it. Robbins, S. P. , Bergman, R. , Stagg, I. , & Coutler, M. 2012). Management 6 (6th edition). French Forest NSW, Australia: Pearson Australia. Robbins et al. (2012) contains a brief explanation about Mintzberg’s interpersonal roles with its duties and responsibilities. Robbins et al. (2012) suggested that â€Å"All managers are required to perform duties that involve people (subordinates and persons outside the organisation) and other duties that are ceremonial and symbolic in nature†. The study explains that inter personal roles are more likely involve outsiders. This book is beneficial for the author’s research topic, as Robbins et al. (2012) gives plenty explanations about the benefit of interpersonal roles and how each roles are linked well together. The main limitation of the article is that the authors do not put sufficient details and examples about each roles compared to the article of Mintzberg (1975) which mentioned the clear evidence regarding interpersonal roles in everyday life by providing explanation about the modern and traditional way in defining managerial works.

Health Care Assignment Example | Topics and Well Written Essays - 500 words

Health Care - Assignment Example You should like to take care of people and consider this profession to be very important and useful. If you want to be useful for the society you live in, thus, you may obtain a degree in the field of healthcare. If you want to become a healthcare specialist, you should first of all evaluate you personal qualities to determine if this profession is really for you. The work in the field of healthcare demands much devotion and sacrifices. The work of a health care professional demands patience and you should be ready to be patient as well as to be very attentive. I think that practice is the most important aspect of learning. It is very good if theoretical knowledge is accompanied by practice and you should try to have a success in using my knowledge in practice. It will be very interesting to work in laboratory and you should listen to the instructor carefully and then apply the acquired knowledge. It will be perfect if you have some laboratory practice before starting the course. According to Stanfield, â€Å"the progress of technology and the demand of population reflect the need for more heath services and additional training of health workers in many fields† (Stanfield, 2012). According to Stanfield (2012), there is a â€Å"high demand for all health care workers in spite of the downturn in the economy† (Stanfield, 2012). It is essential to remember that the profession of a nurse or a doctor is not merely a profession, it is a mission. The most important rule all the health care professionals should follow is â€Å"do not harm†. Health care professional is a person whose primary task is to help people in need. A health care professional must like to help, but it is also important to remember that a professional health care professional can’t refuse to help as non-interference in urgent need can be perceived as a sort of violence. To become a health care professional means to get obligations to help everybody in any situation without any

Prominent economist Essay Example | Topics and Well Written Essays - 250 words

Prominent economist - Essay Example Ken went ahead to prove the existence of the theory in a practical aspect coming up with critical theorems. He did proof the existence of the theorem. Most significantly, he came up with the social choice theory, while in his PHD research he came up with the Arrow impossibility theorem. In essence, his research in health care economics revealed startling results, with close relation to insurance, its market value, and marginal share costs (Pauly, 2001). Most significantly, his distinguished position as a professor in Stanford Operations Research Department gave him more energy to provision of solutions to linear programming. As a mathematical economist, he came up with diverse policies with different implications in the economic field. He did oppose the governmental urge to support the ushering in the supersonic passenger plane. He has been the chairperson of national Institute of Medicine committees, whose core aim is to advocate for affordable malarial treatments in Asian and African countries. Essentially, his articles and published works are reckoned all over. He has over a hundred articles, twenty-two books as an author or co-author, an editor to 24 books, done forty-one non-technical articles and overwhelming 226 research publications. With the summed up achievements, it is no doubt that Kenneth remains an icon and a hero in the economics

Assigment 2 Assignment Example | Topics and Well Written Essays - 750 words

Assigment 2 - Assignment Example Most of the information on the internet was in the form of advertisement luring people to some clinic or mother-baby care program. She wanted to join one but she did not have the money for that. Her primary source of information was the doctor she was visiting, magazines and the internet. She said that the first time she realized that she might be pregnant was when she felt like throwing up. She ignored it first thinking that pregnancy does not effect that early but the nausea was frequent. She went to the doctor to confirm it. After a few days she also had morning sickness and experienced wild mood swings. The weight gain followed soon. She was not bothered by it much she was expecting such symptoms. On the contrary she was relieved that there was no psychosis or any serious allergies. She also faced the opposite of departing from her relationship with her spouse; her husband turned out to be very caring. They had a few arguments every now and then but that was part of their normal life. They had arguments before the pregnancy so the new ones did not make any difference. They decided to get the baby delivered at the nearest hospital. The couple even agreed to get an appointment from the doctor that was taking care of the mother during pregnancy. Overall, the reality was much easier than the shocking expectations that the media usually portrays. She did talk about the pain during child birth (at the hospital, a normal delivery case) but she soon forgot about it when she rocked her first baby to sleep for the first time. The second mother vividly remembered what she was told about pregnancy. Most of the information came from friends and her mother. Her own mother was helping her all the way as she knew what to exactly expect. She was told that there can be complications but she needs to take care of herself. Her mom was strict about her diet and told her that if she eats right she will give birth to a healthy baby. She

The International Financial Market in the 21st Century Essay

The International Financial Market in the 21st Century - Essay Example To protect themselves against these risks, parties to international transactions, especially the lenders, should take it upon themselves to ensure that the eventuality of disputes in the future will not catch them off guard by conducting extensive assessment of potential risks attached to the transaction in the early stage of the documentation of the transaction and protecting themselves by adopting well-thought-out strategies to eliminate or at least minimise those risks. Roger McCormick (2007) defines legal risk as chiefly referring to the risk of loss when the document evidencing the transaction subsequently turns out not having the same legal effect as the parties intended it to be or when either or both parties institute adverse claims. Moreover, ensuring protection against legal risk is difficult considering that most of this type of risk, such as credit risk, currency rate, and interest risk, is volatile as well as usually brought on by the parties themselves. 1 The legal aspe ct of international finance is concerned with the assessment and identification of these legal risks, quantifying them and developing strategies that would completely eliminate and if not, at least minimise them. Table 1 Risk in International Finance 2 In assessing the risk of lending to an entity with cross-border operations, the first step is to identify the risks that such entity is involved. Table 1 summarises the general risks entailed in conducting international financial transactions. These risks are categorized into firm-specific risks, country-specific risks, and global-specific risks. Firm-specific risks refer to the risk of loss resulting from the company’s structure as an operating business and country-specific risks are those endemic in a particular country because of its political, social, and legal structures. Global-specific risks, on the other hand, are those that are attached to forces operating on a global scale that may interrupt business operations such a s terrorism. 3 The roles of these risks in the legal aspect of international finance are their general potential to cause business disruption and subsequent losses to business operations that may alter contractual terms between parties who had previously entered into a contract of loan to finance a business operation in a territory outside of the state of the lender. In the example of the Oceania International and Lehman Wrecker proposed transaction, the risk of lending to the former by the latter can be first assessed by looking into the risks covered by Fig. 1. The loss or losses that Oceania International might incur if any of the risks enumerated therein materializes will necessarily affect the agreement between the two considering the possibility that Oceania International might not be able to meet its obligation of paying its loan. Of all the risks that a lender faces when lending money to an entity conducting business operations outside of the lender’s state country ri sk is the most significant. Country risk has become so important in the conduct of international finance that according to Hoti and McAleer (2002), various country risk rating agencies, such as the Economist Intelligence Unit, Euromoney, Institutional Investor, International Country Risk Guide, Moody’s, Political Risk Services and Standard and Poor’s, have recently surfaced.