Monday, February 17, 2020
To what extent did the Second World War transform European societies Essay
To what extent did the Second World War transform European societies - Essay Example death kind of ending to the World War II with the atomic bombs exploding in Japan and large scale death and destruction in Europe became a great resentment for every one. The impact of the violence was never lost in that generation of people who saw death and destruction like never before. This led to the formation of United Nations on one end and on the other; there was a strong support in the social front of every nation to be out of the violence (Giddens, A. 1985). Military was slowly and steadily weaned away from the ruling community over a period of time. It happened in all major countries who were involved in the war. Though immediately after the war, the war heroes were honoured and they were dominating in the political sphere too. But soon, military lost its ground with respect to the political power and clout that they wielded. This was seen as a victory for the peace loving society at large. Many social practices were influenced by the World War II. Ideologies could not hold ground because of the violence that they were seen to breed (Hobsbawm, E. 2002). Fascism found its natural death after the huge violence that its practices preached. While large scale political changes were in the offing with the increasing effect of communism and labour right movements across the world. The class divide was coming down. Though there was large scale dissatisfaction on many of the practising ideologies, people realised the importance of non-violent protests. Never again, could there be another French revolution with large scale blood letting. Now, people could find themselves raising protests in a more democratic way though violence did and continues to show its head either as a terrorist attack or during a protest march turning itself into riots. The tendency to rope in peace in the continent was wide spread. Most people wanted peace more than anything else. But still there was the nostalgic feeling of war and the glory that victory brings. This feeling is like the
Monday, February 3, 2020
Price control Essay Example | Topics and Well Written Essays - 1000 words
Price control - Essay Example Price control policies in history were put in place as portion of a larger income policy package while inducing wage controls as regulatory element. Price control takes two forms, a ceiling price (maximum) and the floor price (minimum) that can be charged in a market. These two forms of price control act as a regulatory element during shortages to prevent from market inflation (Rockoff, 67). The application of price control is comprehensible. However, price controls fail to safeguard many consumers and offend others. Controls hold out the promise of protecting individuals that are struggling to meet increased price. Therefore, the prohibition against moneylending, charging high interest on loans, is projected to protect individuals who are obligated to borrow out of desperation. For instance, the maximum price for bread was theoretical to protect the have-nots, who relied on bread for their survival. The rent controls were proposed policies to protect those who were renting when the demand for houses exceeded the supply thus; landlords were getting ready to ââ¬Å"gouge pricesâ⬠to their tenants (Stern, 140). Despite the appeal of frequent use of price controls, economists opposed them except in times of emergencies. According to statistics of 1992, 76.3% of the economists interviewed agreed with the slogan, ââ¬Å"A ceiling on rents reduces the quality and quantity of house available.â⬠An extension of 16.6% agreed with qualifications, and only 6.5% disagreed with the statement. Similar results were observed when the economists were interviewed about price controls: 8.4% agreed with the report: ââ¬Å"Wage-price controls are a useful policy option in the control of inflation.â⬠An extra 17.7% agreed with the results; however majority of the economist disagreed with the statement by 73.9% (Rockoff, 82). The main cause why majority of economists are cynical about price control is that they alter the allocation of resources. Remark made by an economist
Subscribe to:
Posts (Atom)