Online Casino The New Agreement With Habanero - 1788 Words

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Essay on Analysis of Aristotles The Politics - 3235 Words

An Analysis of Aristotles The Politics In The Politics, Aristotle would have us believe that man by nature is a political animal. In other words, Aristotle seems to feel that the most natural thing for men to do is to come together in some form of political association. He then contends that this political association is essential to the pursuit of the good life. Finally he attempts to distinguish what forms of political association are most suitable to the pursuit of this good life. In formulating a critique of The Politics, we shall first examine his claims as to what is natural to man and whether the criterion of the natural is sufficient to demonstrate virtue. We shall then examine what it is about political association that†¦show more content†¦How self-sufficiency is natural is not something the man seems to want to delve into. The analysis of politics as something natural however seems to clash with his idea that the legislator is a craftsman of the law. If politics is indeed a craft and of the domain of technique, then how is it natural? What is more natural to man than politics is reason. All men possess some capacity of reason through which they order their lives and make sense of their natural inclinations. As Aristotle does point out, men can have all kinds of natural inclinations and most men are gregarious creatures. Does this mean that politics is reason applied to relationships among men? Unfortunately, as we have seen, there are many kinds of human relationships that involve reason without necessarily involving politics. So we come to the conclusion that either politics are not natural or something else along with reason is natural among humans and necessitates political activity. So which is it? Politics is the institutional framework where mankinds capacity to reason reconciles itself with its desires. This process that naturally goes on inside mans head is also a dialogue between men as soon as the capacity to communicate ideas is explored. Admitting that politics is natural however is merely a descriptive statement. The question I would bring up as I do in Enchiridion is what we should make of this nature. Saying that man is naturally political does not tell us whetherShow MoreRelatedPlato and Aristotle: An Analysis1175 Words   |  5 Pagesdiscussions of Plato and Aristotle regarding the best political association. Quotes from Politics and the Republic are used to support the author’s thesis. Plato and Aristotle: An Analysis Determining the best form of political association was important to the ancient Greek philosophers Plato and Aristotle, and each of them expressed his opinion in important works such as the Republic and Politics. In explaining, comparing, and contrasting the political philosophies of Plato and AristotleRead MoreReconciling The Divergence Of The Nature Of Man Between Classic And Modern Thinkers1425 Words   |  6 Pagestheir assessment of what constitutes the natural state of human existence, such as Hobbes’ state of nature or Aristotle’s formation of community. Their beliefs can be further discerned through an analysis of their ideal societies, what constitutes the good for this ideal society. Upon initial glance, the distinction between the classical works of Plato’s The Republic and Aristotle’s Politics and Nicomachean Ethics versus the modern author Hobbes’ Leviathan seems irreconcilably large. Plato and AristotleRead MorePlato And Aristot le s View Of Civilian Expectations987 Words   |  4 Pagessin of Adam and Eve. Utilizing textual evidence stemming from the works of Plato and Aristotle, mainly Crito and Politics, this work will focus on the Platonic and Aristotelian aspects which entice individuals to oblige and conform to the rule of law, even in situations when these laws are detrimental to themselves, or their societies. Firstly, this composition will partake in an analysis of Platonic theory regarding the roles and obligations expected of individuals within a society, referencing specificRead More Foundations of Political Thought Essays1664 Words   |  7 Pagesrather than simple superiority. The differences in these beliefs are important because of the implications of Aristotle’s writings, which provide a way for citizens and statesmen to utilize philosophy in politics and the state. Consequently, information in Politics is seen again throughout modern politics. The similarities of Aristotle’s beliefs expressed through his writings in Politics to the beliefs of Plato and Socrates expressed in the recorded dialogues of The Republic are centered mainlyRead More Aristotle Essay777 Words   |  4 PagesHowever, the texts on which Aristotles reputation rests are largely based on his lecture notes for carefully outlined courses, which were collected and arranged by later editors. Among the texts are dissertations on: logic, called Organon; natural sciences, called Physics; nature, scope and properties of being, called Metaphysics; and ethics, called Nicomachean Ethics (dedicated to his son Nicomachus). Some other works include his Rhetoric, his Poetics, his Politics, and his Economics. Methods Read MoreAristotle And Kant s Theory Of Justice1327 Words   |  6 PagesAristotle and Immanuel Kant is essentially to compare modern philosophy to classic philosophy. Aristotle’s theory of justice links together ethics and politics; while Kant’s theory of justice is based on strictly defined principles of morality. Modern philosopher Michael J. Sandel provides a detailed analysis of each theory in his book Justice: What’s the Right Thing to do? Although the key features of Aristotle’s and Kant’s theories are mostly different in nature, there are also some key similaritiesRead MoreNichomachean Ethics’ Book Was Written By Aristotle Between1145 Words   |  5 Pagesterm â€Å"ethics† which means virtue or a code of conduct. From the two words, one can derive that the book entails virtues of being a winner, or how one should conduct themselves to be victorious. One of my best books written by Aristotle is politics from book III. In this book Aristotle talks citizens and government. He starts by asking the question who is a citizen, he describes a citizen as a person wo has power to take part in any judicial or deliberate administration of a particular stateRead More aristotle Essay859 Words   |  4 Pages Aristotle Politics Aristotle in his book politics, argues that the political association is the highest form of human association , and making all his conclusions based on the assumption that ‘polis’ is the best and only sensible political system. He further adds that political association is the most sovereign and aims at the highest good Politics is largely an attempt to determine or rather prove that political association is the best suited way for securing the happiness of its membersRead MoreThe Nature of Man as Political Animal Essay1723 Words   |  7 Pages Not everyone will agree with Aristotles political theory, but it is essential to understand the principals that underline the new political theories. Aristotles politics is one of the most influential books of political philosophy. His main ideology consists in that a man is by nature a political animal because he can reason and communicate with others, therefore, has the potential to alter or change his living conditions for better because he can recognize the difference from right or wrong.Read MoreAristotle Mixed Constitution Analysis1326 Words   |  6 PagesIn his ground-breaking text The Politics, the ancient Greek philosopher Aristotle was a staunch advocate of a mixed constitution. A mixed constitution is a form of government in which there is an amalgamation of characteristics that comprise differing types of constitutions. There are a plethora of reasons that are argued to have contributed to his adoption of this stance. However, this essay will hone in on three that are posited to be crucial: firstly, the well-known philosophical principle that

Report on Relationship Between Economic Growth and Stock Market in Bangladesh free essay sample

This paper examined the relationship between stock market development and economic growth of two Asian developing countries, that is, Pakistan and Bangladesh, after the liberalization period of 1990s. The relationship measured were in terms of size (market capitalization), liquidity (total value of stocks traded and stock turnover ratio) and volume (total number of companies listed in the stock exchange of each of the country). The study of comparative analysis was done with the help of tables and charts. The econometric results of the study by employing the regression analysis showed that Pakistan stock markets contribute to the economic growth in terms of the large size of its stock market whereas Bangladesh stock market contributes to the economic growth in terms of the liquidity of its stock market. Bangladesh economic growth was found to be comparatively better than economic growth of Pakistan. The study revealed that the stock markets in Pakistan and Bangladesh do not play a major role in the economic growth but rather, these financial institutions are the driving forces for the economic growth of the country. Stock markets play a crucial role in global economics and corporate finance where the financial markets generate finance for the economic growth of the country. Bangladesh has two stock exchange, that is, Dhaka Stock Exchange (DSE) Chittagong stock exchange(CSE). Stock exchange of a country is the financial institution that deals with financial instruments. It was important to answer the increasing number of the critical questions regarding stock market performance and economic growth, for instance, do the stock exchanges of the countries affect on the economic growth of a country, if yes then how? This study highlights certain factors that can be used to measure the stock market development and its effect on the country’s economic growth. Besides this, it was important to study. This study analyses the effect of Pakistan and Bangladesh stock market development on their respec-tive GDP per capita by considering three of the stock market indicators, that is, market capitalization, total value of stocks traded, stock turnover ratio and lastly total number of listed companies. Objectives ii. To examine the effect of stock markets development on the economic growth of Bangladesh. i. To compare the stock markets development and economic growth of the previous year. Numerous studies provided both negative and positive evidences of the stock market development and the economic growth. Mishkin (2001) stated that a well established, managed and organized stock market brings investment opportunities in the country by implementing the productive projects that ultimately results in the economic activity, mobilizing savings, diversifying risks and allocating effective capital. Liquidity measurement was defined as the measure to check the ability of the stock market to deal with the large number of stocks traded, irrespective of any drastic changes in price levels. Nowbutsing and Odit (2008) defined total stock value traded as the firm’s equity traded in an organized manner so that it would results in the national output. According to Kyle (1984) and Holmstrom et al. (1998), the more stock market is liquid the more it will be efficient in delivering the accurate and timely information to the inside and outside investors. According to Levine (1991), developed and organized stock market reduces the productivity and liquidity of the businesses. Amaral and Quintin (2007) argued that the stock market development enhance the economic growth by making capital productive, and ensuring its best use. According to Aysan (2006), high capital degree of undeveloped financial sector increases the growth volatility of a country. The stock market development is the most significant factor that leads to the economic growth (Shahbaz et al. , 2008). The endogenous economic theory states that improved policy measures with innovation, competition, changes, openness and research and development will lead to the long run economic growth of the country. Theory identifies the two major factors of economic growth, that is, human capital and technology. Specialization, training and experience increases the productivity of the country whereas, advanced technology and innovation reflect the structural changes in the system. According to Hansson et al. (1997), human capital and technology may depend on the function and structure of the financial institutions. Earlier, the stock markets of both Pakistan and Bangladesh were manually operated but currently they are electronically based and equipped with specialized human force that would result in the effective performance and added national output of the sector. Hypotheses H1: Stock markets development has significant effect on the economic growth of Pakistan. H0: Stock markets development has no significant effect on the economic growth of Pakistan H2: Stock markets development has significant effect on the economic growth of Bangladesh. H0: Stock markets development has no significant effect on the economic growth of Bangladesh The samples had been randomly selected and indicators for accessing the relationship between stock market and economic growth included one dependent variable, that is, GDP per capita growth in US$ (in millions) and four independent variable, that is, market capitalization in US$ (in millions) as a measure of stock market size, total value of stock traded (in percentage of GDP) and stock turnover ratio (in percentage) as a measure of liquidity of the stock market and volume of the stock market determined through the total number of listed companies. Log transformation with the stepwise method was applied on the independent variables of Pakistan and Bangladesh. GDP per capita is measured as GDP divided by the total population of the country. GDP measures the standard of living of the people in the country. Market capitalization is the value and size of the corporation or business, more productive capital in a country results into more economic growth will be resulted. It is measured by multiplying the outstanding shares of the company by their share price. Total value of stock traded referred to the total number of shares that is traded in the market, times their respective prices, and stock turnover ratio is calculated by dividing the total value of stock traded by market capitalization. Lastly, the volume of the stock market was examined by the total number of all the listed companies in Pakistan and Bangladesh over the period of 1990 to 2009. To collect the data, the supplement source used is World Bank Indicators. This study examines with an assumption, that is, the sample selected for the research is truly representative of the population. This research could be more refined if the quarterly data is used so that exact analysis can be done. Bangladesh economic growth analysis The results in Table 2 indicates that as total stock value traded increases by 1%, the estimated increase in the mean or average GDP per capita is about 114% points, and if the value of the total stock value traded in Bangladesh was fixed at zero, the mean GDP per capita of Bangladesh would be about 342% points, that is, GDP per capita of the country would be very high. The results shows that the Bangladesh stock market is small in size and is very liquid and deals with a fairly large number of stocks traded without any drastic prices affect. Moreover, total stock value traded and real GDP per capita of Bangladesh have a positive relation in between them. It has been evaluated that different countries with respect to their economic growth were influenced by different sector performances due to the difference in the economies of their country. Economic growth of Pakistanhas been influenced by market capitalization and Bangladesh by total stock value traded.