Analysis Of Marcuse s Marcuse - 1179 Words

In his writings, Marcuse presents his objectives of a radical set of values, the relaxation of taboos, cultural subversion, and a linguistic rebellion that would amount to a methodical turn around of the meaning of everything. I believe that it is through these transformations that a new language of rebellion will help redefine the models and phenomena that long held in high esteem, thereby give rise to the liberation of the masses, minorities, the oppressed, etc. Marcuse warns against the bureaucratic and repressive state formations of the socialist experiment and puts forward a provocative argument that even though the means of production is controlled by the units of society, it may fail to eliminate domination and exploitation (Marcuse, page 4). The essence of Marcuse’s statement is the acknowledgment that a system of market economy that is reliant upon the cycle of production and consumption in order to operate necessitates the creation, socialization, and reproduction of the psychological basis for continuous consumption. According to Marcuse, contemporary markets are largely shaped by the forces of consumption, and social institutions that cooperate to create covetous consumers that help the profit-driven capitalist market flourish. Corporate capitalism, according to Marcuse, creates the needs in human beings in which the purchase and use of technology and commodities becomes an indispensable feature of human actualization where people buy their own existence inShow MoreRelatedAnalysis Of Herbert Marcuses One Dimensional Man872 Words   |  4 PagesHerbert Marcuse, a Frankfurt philosopher, wrote his book One-Dimensional Man in the 1960’s during at the height of the Cold War. The book One Dimensional Man was both influential and highly critical of modern industrial capitalism and as Marcuse believed, its subsequent exploitation of people and nature, as well as its contribution to modern consumer culture and new forms of social control. One Dimensional Man offers an analysis of the new state of consumerism during the 1960’s through a criticalRead More Transcending Herbert Marcuse on Alienation, Art and the Humanities4411 Words   |  18 PagesTranscending Herbert Marcuse on Alienation, Art and the Humanities (1) ABSTRACT: This paper discusses how higher education can help us in accomplishing our humanization. It looks at the critical educational theory of Herbert Marcuse, and examines his notion of the dis-alienating power of the aesthetic imagination. In his view, aesthetic education can become the foundation of a re-humanizing critical theory. I question the epistemological underpinnings of Marcuses educational philosophy andRead MoreSociology1447 Words   |  6 Pagesfounded in 1949 by Paul Sweezy and Leo Huberman. An influential journal but little impact on American sociology. Best known product of this school is Baran and Sweezy’s Monopoly Capital (1966). Indeed, Braverman’s analysis of work is predicated theoretically upon Baran and Sweezy’s analysis of ‘Monopoly Capital’ [ie oligopolistic, ‘organized’ capitalism. ⠝‘ After mid-1960s increasing interest in neo-Marxism in the US – partly result of social conflicts evident in America in late 1960s whichRead MoreNeo-Marxist Contribution to Theories O Social Class Inequality884 Words   |  4 Pagesor sociological analysis which draws on the ideas of Karl Marx and Friedrich Engels, but amends or extends these, usually by incorporating elements from other intellectual traditions—such as, for example, psychoanalysis (as in the case of critical theory), Weberian sociology (as in Erik Olin Wright s theory of contradictory class locations), or anarchism (as in the example of critical criminology). (Site ref) This social theory emerged during the late 1960’s and early 1970’s through the FrankfurtRead MoreA Comprehensive Analysis Of Davidson s Article, Displacement, Space And Dwelling : Placing Gentrification Debate929 Words   |  4 PagesHeidegger and Lefebvre, Davidson’s focuses on the effect spatial metaphors have on displacement, and how these concepts tie into the conceptualization of space. In this paper I will compile a thorough summary of the article and formulate a comprehensive analysis of Davidson’s arguments as well as his sources. Davidson begins his article with arguably one of the most notable and recent subjects of gentrification, 1520 Sedgwick, the birthplace of Hip-Hop. This dilapidated apartment building’s owners â€Å"announcedRead MoreMarxist theory2065 Words   |  9 Pagestherefore he thinks that human beings should shape the world using the technology and physical resources that available to them instead of using themself which known as worker or slave for the labor. When this theory gain the popularity in the 1990’s society start believe there are no general laws that govern the development. Theory of materialism, develop by Marx and Engels, give a framework for analyzing human society and the laws of its development. It told us that class societies is not existedRead MoreEssay on Sociology- Culture and Identity3293 Words   |  14 Pagesthan one culture which results in smaller ‘subcultures’. Different types of culture have been identified by sociologists. These include high culture, low culture, folk culture, mass culture, popular culture, subculture and global culture. 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The first part of this essay will analyse theRead MoreResearch Methodology : Phenomenological Research1859 Words   |  8 Pagesnatural/social science disciplines (Cohen, et al, 2007, pp. 22-23). Phenomenology represents a radical departure from traditional scientific methods because it â€Å"emphasises the importance of subjective experience of individuals, with a focu s on qualitative analysis† (Burns, 1997, pp. 3-5). Phenomenologists reject the possibility of producing casual explanations of human behaviour, believing that it is impossible to objectively measure and classify the world. Phenomenologists argue that human beings make senseRead MoreAdvertising Discourse Analysis4128 Words   |  17 Pagesthe necessity of media investigation. 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Medication Error And Its Adverse Effects On The Elderly

Medication Error and its adverse effects to the elderly Firehiwot Bealy University of Regina Medication Error and Its Adverse Effects Older adults are at high risk for adverse effects of medication error more than their counteract younger adults. This is because they depend on more than one medication in order to treat or prevent disease, syndromes and sickness (Lindenberg, 2010). It is inevitable that the elderly face adverse effects of drugs while on medication especially when they still live independently. However, chances of errors in hospitals and care homes are more frequent when the medication process connects several departments (Belen et. al., 2009). Therefore, tactical measures are required in the provision of drug therapy in order to optimize safe medication in older adults. This paper discusses the issue by analyzing the existing structure of administering medication, reviewing the occurrence of medication errors; evaluating systems developed to advance safe medication administration. Finally, addressing the implication for professional nursing practice. Administering Medication According to research conducted by Mckenzie et al (2011), approximately 60% of elderly Canadians and Americans who are 65 years of age and older are likely to stay at a Hospital longer than other younger populations due to the age related health impediment. Also, once they are admitted, they are likely to be treated at the intensiveShow MoreRelatedElderly Population At Risk For Hospital Readmission953 Words   |  4 Pagesaccount for the increasing cases of the elderly population at risk for hospital readmission, the authors discuss an in depth evaluation on why this occurs. Hospital readmission, a growing health concern, tallied in a whopping $17 B in Medicare cost for unplanned hospitalizations. Readmission, refers to a return to the hospital after discharge from a recent stay where rates are reported mostly at 30, 60, and 90-day intervals after discharge. Even though the elderly, aged 60 years or older, unfailinglyRead MoreSymptoms And Treatment Of A Geri atric Syndrome Essay1399 Words   |  6 PagesPolypharmacy and Medication Errors A Geriatric Syndrome Polypharmacy Defined Lenander et.al, (2015) define polypharmacy as the consequences of multiple concurrent medications taken to primarily manage existing health problems such as hypertension and diabetes. Polypharmacy is a typical problem among older adults. Currently, adults within the age bracket of 65 years and above take five or more medications on a weekly basis, 57% of which are women and 44% are men. Besides, the prevalence of polypharmacyRead MoreA Short Note On The Problem Associated With Peripheral Arterial Disease ( Pad ) Patients1516 Words   |  7 Pagesis to analyze the effect of polypharmacy on the following outcomes in PAD patients 1. Inappropriate prescribing using Indicators 2. Adverse drug events 3. Potential drug interactions 4. Healthcare costs 5. Nutrition 6. Cognitive function 7. Functional status 8. Frailty 9. Medication adherence 10. Quality of life Background Increasing age and related comorbidities have resulted in excessive use of drugs causing increased incidence of adverse effects, inappropriate medication use and increased healthRead MorePolypharmacy Among the Elderly1324 Words   |  6 PagesPolypharmacy among the elderly is a growing concern in U.S. healthcare system. Patients who have comorbities and take multiple medications are at a higher risk for potential adverse drug reactions. There is a great need for nursing interventions in conducting a patient medication review also known as â€Å"brown bag†. As nurses obtain history data from patients at a provider visit, the nurse should ask â€Å"what medications are you taking?† and the answer needs to include over-the-counter medications as well. IfRead MoreEmotional Changes In Older Adults1117 Words   |  5 Pages Due to age-related physiological changes, older adults are at risk for adverse drug events (ADE’s). These factors could be, polypharmacy, medication metabolism or improper medication administration. Older adults are often prescribed multiple medications to treat a variety of chronic illnesses. The average older person consumes five to eight drugs daily (Chia, 2006). Polypharmacy has a strong correlation to Adverse Drug Reactions (ADR) which can have devastating results in older adults. As a societyRead MoreMedication Reconciliation Is The Process Of Gathering All The Medications901 Words   |  4 PagesMedication reconciliation Mediation reconciliation is the process of gathering all the medications, including over the counter meds, herbal supplements, and multivitamins a patient is taking regarding their care. Within the parameters of mediation reconciliation, dosage, frequently, name,and route are the prime factors of developing a medication regimen. The goal of knowing all medications of a patient before continuing with care or being admitted to specialized settings like hospitals or clinicsRead MoreThe Common Types Of Errors1331 Words   |  6 Pagesincreasing population of elderly patients who is not receiving the proper guidance when it comes to their disease states and medications. More specifically, elderly patients in independent nursing homes are responsible for filling, picking up and taking their own medications from pharmacies outside the nursing home without any help. This means they have to remember to put in the refills, remember to pick up the medications and then remember to actually ta ke the medications at the right times. StudiesRead MoreThe Problem Of Adverse Drug Events In Health1337 Words   |  6 PagesThe problem of patient’s adherence to their medication regime and proper education on their medication appears in this literature. Adverse drug event (ADE) is defined as harm experienced by a patient as a result of exposure to a medication, and ADEs account for nearly 700,000 emergency department visits and 100,000 hospitalizations each year (Medication Errors 2017). 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These complications are slowly rising, and becoming known as a â€Å"silent epidemic.† This silent epidemic can appear in a variety of situations – when a person is prescribed the wrong medication for his or her medical condition or age, the right medication in the wrong dose, or two or more medications that interact with dangerous, unintended side effects (When Medicine Hurts: The Silent Epidemic†). Medication error is a reoccurring error that people

Report on the European Bond Market †November 2010 to April 2012 Free Essays

This report describes the performance of the European bond market for the last 18 months and evaluates the impact of the major events, causes and factors which affected the sovereign and corporate bond market during this period. The report also provides the future of the European bond market based on the political scenario prevailing in that region along with a discussion on the methods to ease the financial crisis in the Euro zone. Introduction The European bond market experienced severe tension in the year of 2011 and the sovereign yields increased further. We will write a custom essay sample on Report on the European Bond Market – November 2010 to April 2012 or any similar topic only for you Order Now Wealth holders are aware of the risk and price the bonds accordingly. In some cases there is an overestimation of risk which leads to an increase of the respective yield (see Appendix 1.1) (European Central Bank, 2012). European Bond Market Performance Performance of Sovereign Bond The risk involved in the European bond market intensified considerably over the past 18 months due to slowing global growth prospect and broadening of concern about the government debt position in large European economies. Chart 1 shows the yield spreads (Appendix 1.2) of selected European countries against the German bund. The yield spread has increased by the end of 2011 except for Ireland. Chart 1 – Yield spreads of European bonds over German bunds (a) Source: Thomson Reuters Data stream and Bank calculations cited in Bank of England, 2011b, p.7. (a) Ten-year government and EFSF bond spreads over German bunds. (b) Spreads as on 15 June 2011 except for EFSF, which is as on 17 June 2011. (c) Spreads as on 22 November 2011.In May, Portugal becomes the third European country to seek financial assistance from European authorities and International Monitory Fund (IMF) (Bank of England, 2011a). Even though Greece and Portugal obtained financial support, market was concerned about the sustainability of their fiscal position. Chart 2 plots the yield on 10 year government bond of Greece which shows that the yield has come down in March 2012 and after that it shows a rising trend due to uncertainty about the financial stability of Greece. Chart 2 – Yield of 10 year Government bond of Greece Source: www.tradingecnomics.com / Public Debt Management Agency, 2012 During the same period Ireland showed a decline in bond yield (Chart 3). This is achieved by building confidence in economy though implementation of adequate fiscal adjustment measures. Chart 3 – Yield of 10 year Government bond of Ireland Source: www.tradingecnomics.com / Ireland Department of Treasury, 2012 Similarly the ten year Government bond yield spread for Greece (Chart 4) shows an increasing trend which confirms that the bailout package provided by the European Union (EU) and IMF has not provided the expected results. Chart 4 – Yield spread of 10 year Government bond of Greece (Bench mark – German Bunds) Source: Bloomberg, 2012. Another development in 2011 is the increase in the number of factors affecting the sovereign yield. After the introduction of Euro in 1998, the bond yield among the European nations remained the same (Chart 5) and during the period 2003-2007 the yield spread was very minimal due to abundant global liquidity. Chart 5 clearly shows that since 2007 onwards the bond yield shows a diverging trend. The increase in European bond yield spread in 2011 can be attributed to the fiscal sustainability concerns and risk aversion. Chart 5 – Yield spread of 10 year Government bond of European countries to 10 year German Bunds Source: Bloomberg Global Financial Data cited in www.rba.gov.au, 2012. Apart from the fiscal related concerns, the yield on European sovereign bond is influenced by strong demand for safe assets and change in investor demand. Chart 6 shows the yield spread between the government guaranteed agency bonds and sovereign bonds of Germany. It can be seen that during the tense times in 2011 the agency-sovereign spread was around 60 basis points which is attributed by the better liquidity of the sovereign bond compared to the agency bond. In 2012, with the improvement in financial markets the agency-sovereign spread shows a declining trend. Chart 6 – Yield spread between the government guaranteed agency bonds and sovereign bonds of Germany Source: Thomson Reuters and European Central Bank cited in European Central Bank, 2012, p.22. The performance of European sovereign bonds for the past 18 months shows that country wide effects like fiscal situation, economic outlook, risk aversion among investors and portfolio shift to safe assets are influencing more in driving yield development.Performance of Corporate BondYields of corporate bond also showed divergence across European countries similar to sovereign bond. Investors now apply more rigorous risk pricing methods to individual company specific risks within the same country. Chart 7 and 8 shows the yield curves for the covered bond markets of Germany and France which are estimated for various issuers in these markets. The dispersion of yield for individual bonds in both countries was high in past 18 months compared to that observed in 2008. This shows that the yield of corporate bond is changing not only with respect to country of origin, but also with individual issuer. Chart 7 – German covered bond yield curve in 2008 and 2011 Source: Bloomberg and ECB calculations cited in European Central Bank, 2012, p.24 Notes: For both years, the first Monday of the second half of the year (in July) is chosen. Estimated par yield curves (solid lines) and observed yields to maturity (points) are presented. Chart 8 – French covered bond yield curve in 2008 and 2011 Source: Bloomberg and ECB calculations cited in European Central Bank, 2012, p.24 Notes: For both years, the first Monday of the second half of the year (in July) is chosen. Estimated par yield curves (solid lines) and observed yields to maturity (points) are presented. Future of the European Bond MarketFor the next 12 months the outcome of the elections in European counties will have a major impact on investor confidence and global growth expectations. The citizens of Ireland, Spain and Portugal have already voted to change their government and Greece is moving forward to a coalition government. Among the four, Ireland showed a decline in yield on bonds, but it has the worst public finance in Europe. For the other three, a turnaround will be less likely for the next one year since they have got large fiscal and trade deficit, look uncompetitive and needs support for years. One of the options to ease the European crisis is to go for large scale bond buying of the affected countries by the European Central Bank (ECB).But such purchases are against the ECB rules and can slowdown the fiscal and structural reforms adapted by the members of EU. This can bring future losses to the ECB and its member banks. ECB and Germany are of the opinion that the eu ro zone government has to support the peers using the funds raised though European Financial Stability Facility (EFSF) or obtained from IMF (Ian Campbell, 2012). But this route can burden the core economies which are at risk themselves and further worsen the situation. Conclusion Predictability attracts long term investors in betting a currency or trading in a bond. But the euro area faces political and financial uncertainty. The future of Greece, lately a byword for ‘Euro-geddon’, will be decided by voters those who are fighting against the imposed austerity measures by the EU and IMF and those who want a stable future for the euro. Crisis in some European area sovereign debt markets and their impact on credit conditions along with high unemployment are expected to dampen the underlying growth momentum. The US market is also having uncertainty because of the presidential election planned to be held in November 2012.Presently investors in bond markets are looking for safe heavens with reasonable returns. South East Asian and Australian markets offer a good opportunity for investment.Even though growth is slow along with global economy, these markets can still outpace the European and US markets. Appendix 1.1 Definition of Yield The yield of bond is defined as the single discount rate when applied to all future interest and principal payments produces a present value equal to the purchase price of the bond. The yield depends on the risk involved in holding the bond. A greater risk can fetch a higher yield and a lower risk will result in lower yield.1.2 Definition of Yield spreadYield spread is defined as the difference between yields of two bonds. Usual practice is to fix the yield of one bond as a benchmark and to calculate the yield spread of other bonds. The yield spread is generally specified in basis points and a difference in yield of one percent is equal to 100 base points. Yield spread helps the bond trader to get a clear picture of relative movement of the bonds. Finally it is used as a tool to decide the buying or selling of a bond. Reference List Bank of England, 2011a. Financial Stability Report June 2011, Issue no 29. [pdf] London: Bank of England. Available at: [Accessed 23 May 2011]. Bank of England, 2011b. Financial Stability Report December 2011, Issue no 30. [pdf] London: Bank of England. Available at: [Accessed 23 May 2011]. Bloomberg, 2012. Snap shot of Greek-German spread (.GRGER10). [online] Available at : [Accessed 23 May 2011]. Campbell, I., 2012. Another Year of Living Euro-Dangerously. Reuters Breakingviews, p.37. European Central Bank, 2012. Financial Integration in Europe April 2012. [pdf] Frankfurt: European Central Bank. Available at: [Accessed 23 May 2011]. Gartside, N., 2011. Global Bond Outlook. [pdf] New York: J.P.Morgan Asset Management. Available at: [Accessed 23 May 2011]. Reserve Bank of Australia (RBA), 2012. Graphs. [online] Available at: [Accessed 23 May 2011]. Tradingeconomics, 2012. Greece Government Bond 10 Y. [online] Available at : [Accessed 23 May 2011]. Tradingeconomics, 2012. Iel and Government Bond 10 Y. [online] Available at : [Accessed 23 May 2011]. Bibliography Bank of England, 2010a. Financial Stability Report June 2010, Issue no 27. [pdf] London: Bank of England. Available at: 0http://www.bankofengland.co.uk/publications/Pages/fsr/2010/fsr27.aspx [Accessed 23 May 2011]. Bank of England, 2010b. Financial Stability Report December 2010, Issue no 28. [pdf] London: Bank of England. Available at: [Accessed 23 May 2011]. European Central Bank, 2011. Financial Integration in Europe May 2011. [pdf] Frankfurt: European Central Bank. Available at: [Accessed 23 May 2011]. Forbes,S.M. et al, 2008. Yield-to-Maturity and the Reinvestment of Coupon Payments. Journal of Economics and Finance Education, 7(1), p.48. Jorg Homey and Michael Spies, 2011. The German Pfandbrief Market 2011-2012. Hamburg: Deutsche Genossenschafts-Hypothekenbank AG, Rodrigo, 2012. Report on the European Bond Market- March 2010 to August 2011.[online] Available at: [Accessed 23 May 2011]. How to cite Report on the European Bond Market – November 2010 to April 2012, Essay examples