drm5189
17p11 comments posted · 1 followers · following 0
15 years ago @ World In Conversation - What Americans Fear --... · 0 replies · +1 points
The problem with this theory is that terrorism is unlike natural disasters. Terrorism is man-made to evoke fear in the population of a country. Terrorists select specific targets they believe will best accomplish their ends. The shortcomings of the natural disaster comparison are outlined in a report on the economic cost of terrorism by the US Congress. In that report, short term impacts include “Immediate loss of human and nonhuman capital,” “uncertainty on consumer and investor behavior,” and “retrenchment on specific industries and localities” (U.S. Congress).
An oft-cited example of immediate economic loss of human and nonhuman capital is the September 11th attacks on the World Trade Center in New York City. Estimates of the economic impact of the attacks range from “$25 to $60 billion” (Becker & Murphy, 2001) to “$80 to $90 billion” (Rosendorff & Sandler, 2005), with attention paid to the “lost productive capacity” (Becker & Murphy, 2001) of the workers who died in the attacks. This impact is, in a sense, shared by natural disasters, but natural disasters don’t intentionally select financial centers to impact a maximum amount of damage on a country’s economy.
The destruction of capital by terrorist activities can be devastating to a country. Most insurance companies’ policies now exclude coverage from terrorist-related cases (Hall, 1995), so owners of capital destroyed by terrorists are on their own to re-build. This represents another unseen cost of terrorism, the burden of rebuilding falls upon whomever is most affected by the terrorist attack.
Uncertainty in consumer and investor behavior is a critical impact of terrorism to a state’s economy. In the aftermath of a terrorist attack, uncertainty breeds a lack of investor confidence, which leads to market volatility. That same Congressional report states that “an immediate effect… [is] dramatic increase in uncertainty and apprehension which [becomes] evident in financial markets” (US Congress). Domestic investors move out of riskier stock investments and “into safer, more liquid, and shorter-term assets (such as short-term U.S. Treasury securities, gold, or cash)” (US Congress).
The uncertainty created by terrorist attacks reduces incentives for investment from foreign countries on a state attacked by terrorism. Investors are unwilling to put their money into an uncertain environment as “terrorism reduces the expected return on investment,” (Abadie & Gardeazabal, 2007). Estimates place the impact of terrorist risk “with a fall in the net foreign direct investment position of about 5 percent of GDP” (Abadie & Gardeazabal, 2007). Crain & Crain explain this phenomenon in that “risks might come either in the form of direct destruction of capital assets- from say a bomb attack- or indirectly in the form of a reduced product demand. Either way, a reduction in the expected rate of return on capital in a country would cause financial assets to flow to other countries, or into alternatives,” (Crain & Crain, 2006)
In the state of Israel, one estimate holds “had there been no terror in Israel since 1994, the country’s per-capital GDP would have been 8.6% higher” (Persitz, 2005).” Similarly, “if Germany deterred one terrorist incident [per year] GDP gains would be $1.6 billion (in 2003 dollars). In the Philippines, a reduction of [one incident] would increase its GDP by an estimated $122 million” (Crain & Crain, 2006). These short-term impacts cause a great deal of shock to an economy. In addition to the physical destruction they cause, terrorist attacks undoubtedly raise uncertainty in a country, which in turn destabilizes the economy.
15 years ago @ World In Conversation - Transgendered Complica... · 0 replies · +1 points
in previous blog entries, i've spent a great deal of time writing thoughts that i spent a good deal of time thinking about and considering before submitting for a grade. upon review, i saw that my TA spent a couple weeks not counting my words until one day entering grades for several submissions at once, writing that three (3) submissions in a row did not meet the word count limit. i guess it's my fault for mistaking the word count to be 300 words, but only recieving 1/2 credit for an assignment that i spent a considerable duration of time thinking critically and writing considered prose is a little cheap.
an introduction to sociology class, one would imagine, would be rife with "definitions" or "terms" one could apply in a continued education in the study of sociology, rather than an extended exercise in the vanity of the instructor. Soc 001 is a continued editorial, these blog posts are exercises in word vomit. who the fuck cares if i take pride in the concise nature of my prose? i have to write 350 words about whatever the fuck is assigned for the week. theoretically, i could just write three hundred and fifty characters separated by spaces. maybe the word counter who grades these worthless fucking assignments would value that just as much as it does this stupid fucking rant. maybe i can just insert more adjectives before every noun and more adverbs before every verb like i did in 500 word essays in 7th grade.
but i really feel like i'm receiving a world-class education at world-class university every time i sit down to hear about Dr Richards & his wife's sex life. i feel like that's something i can apply to my continued study or sociology, or at least my holistic Liberal Arts education. i'm trying to convey that this is all bullshit in 350 words. i don't have a word counter availble to me right now so i'm stretching it, but i dont think anyone's going to mind,
15 years ago @ World In Conversation - What a man is... · 0 replies · +1 points
The author is writing this not only from a real, physical prison, but also from the prison of his class- women may only concerned with money and sex in a lower income social network, but all the women I know are concerned with chastity and making their own money. Education clearly would have given both this individual, his peers, and the women in his society a different perspective. Their values would have reflected education and character rather than dominance, violence, and physical strength.
His initial sexist and hyper masculine ideal of what it means to be a man is indicative of a hegemony of those ideals within popular culture. Take The Fighter, for instance. This recent film takes place in Lowell, Massachusetts and chronicles the story of a boxer's rise to fame. In this movie, the roles of women are relegated to the hero's whiney, manipulative mother and his mindlessly supportive girlfriend who is valued only for her looks and appreciation of the main character rather than any ideas or dreams of her own. The rest of the film concerns the actions of men, fighting & arguing, acting brutally and going to prison.
15 years ago @ World In Conversation - So what your take on t... · 0 replies · +1 points
While the wealth distribution in the United States isn’t great, it’s not the worst. There’s a measure called the GINI coefficent which measures wealth inequity in nations, there are color-coded maps on the internet you can google to find. In my Latin American Studies classes, I’ve learned about real problems with wealth inequality. In places like the favellas of Rio in Brazil, there is real poverty on an almost third-world scale. There are tall, tall walls & armed guards with machine guns to keep the poor in their place and the wealthy safe. At least the United States isn’t like that.
If you’re looking for an example of a western nation adopting wealth distrubition, look to Hugo Chavez in Venezuela. Chavez rose to power by promising to represent the urban poor, who in Venezuela are really, really poor. He rose to power and kept his promise, but screwed the rest of the country. He nationalized several industries and taxed the hell out of the rich, which was good in the short run but led to a brain-drain of the country’s best and brightest leaving the country for greener pastures.
It’s a bummer that the world isn’t perfect and everyone isn’t happy and given free money and food and jobs, but it’s the way it has to be. We have to have this system of incentives to inspire the best and brightest to innovate and keep our county the best in the world.
15 years ago @ World In Conversation - Religion in the future? · 0 replies · +1 points
Personally, I was brought up in the Catholic Church, participating in and completing all sacraments and rituals, and attending church every Sunday. I never really understood why we had to go and hear the same stories over and over, and then, when all of the allegations of sexual misconduct between catholic priests and little boys came out in the Boston area, my family stopped going to church. I didn’t protest this change of events. I understand in principle the value of religion, but personally I think that modern organized religions are overdeveloped. I can see a simpler, humanist ideal taking root in people. The message of “be nice to one another” is much easier to follow than a set of religious tomes.
15 years ago @ World In Conversation - LGBT families. There'... · 0 replies · +1 points
While I am liberal and socially progressive, I am also a small-government republican. I believe that people should be responsible for themselves and that the government should serve only a couple, very un-intrusive purposes. I believe that I (and every other American) should be free to do whatever they like as long as it doesn’t hurt anyone else. The republican party generally opposes gay marriage, civil unions, and any other gay rights issue—this doesn’t make sense. If the republican party is that of small government, why do they believe they should be legislating what goes on in the private homes of Americans? No one is negatively impacted by gay marriage.
I think Zach is a great example to disprove notions that two members of the same gender can’t adequately raise a child on their own. I believe in equal rights for all Americans to such a degree that I can’t even begin to comprehend on a cursory level why someone would not support this young man’s position.
15 years ago @ World In Conversation - Lighting Our Way · 0 replies · +1 points
Seasonal impact on individuals and societies is an important factor to consider. My daily interactions vary greatly depending on the weather- when it's nice, I'm in a good mood and polite and cheery to those around me. This can be applied to whole nations of people. The people of Helsinki need to find a way to perk up, as SAD is a real issue that confronts their society. If I were in charge I'd likely use tax dollars to send Fins to Florida rather than finance an art show about light-- that seems sadistic, to send people trapped on a dark continent to an exhibit that fetishizes a natural resource they lack. Why not just send people to brightly lit rooms?
15 years ago @ World In Conversation - Social Structure Shape... · 0 replies · +1 points
When I was watching this video, I started thinking about how the guy was preparing the potato with his kid on his lap. He was probably just going to boil it and eat it the way it was—their village didn’t look like it had access to sour cream or running water or a Cuisinart, which is culture shock enough the way it is. My ancestors ate potatoes that way in Ireland until they got kicked out and made new lives here in America—I don’t want to go back. The fact that the small issue of potato preparation has me bent out of shape should serve to show how inconceivable I find this notion.
I guess this is a dramatic example of necessity breeding innovation (no pun intended). I don’t get along with my brother; we couldn’t share a memory card for our Playstation without trying to kill one another when I was in 5th grade, I doubt we’d be able to agree upon and share a wife. The caviler manner by which they talk about passing their wife around sexually is also unsettling—in our culture, and I would think most cultures around the world, that type of behavior is avoided or at least looked down upon. The culture of the people in these mountains I guess makes sense for their lot in life, but is quite out of step with the rest of the world
15 years ago @ World In Conversation - Americans Gone Wild! · 0 replies · +1 points
The issue here is that some people are not responsible enough to be left with children. Luckily the firearm was not discharged and there were no injuries, but if there were, who would be held responsible? Would the stepfather be charged with manslaughter? I think that the stepfather in this case should be sent to prison for a few years to think about the possible consequences of leaving firearms and children free to intermingle in the backseat of his car.
This article reminds me of a verse by hip-hop group Atmosphere from the song “Always Coming Back Home to You.” Basically, the lyricist tells about a time he was walking through Mineapolis and he saw a boy walking towards him with a gun. Before he could react, the boy yells that he found the gun in an alleyway and wanted to get it off the street. The lyricist takes the gun, and without knowing what else to do with it, pops it in a mail box, figuring “the post office knows what’s best to do with it.”
15 years ago @ World In Conversation - Rise in National Guard... · 0 replies · +2 points
Gladwell goes on from there, but his message is that we today are a product of our heritage and it would be ignorant to disregard such an important factor. Why is the suicide rate for U.S. soldiers climbing? Perhaps it is a direct result of increased mental trauma on the battlefield, but perhaps it is also a reflection of a shift in society rather than just in the military. Both of my grandfathers fought in major overseas wars, one as a fighter pilot in World War II and the other as a tank driver in Korea. On my maternal side, my grandfather earned two purple hearts and a silver star for his service, he lost a bunch of friends and years of his life. Then he went on to climb telephone poles and fix live electrical wires for 40 years.
I know, speaking only for myself, that I would not be able to bounce back and live a normal life after going through something like that, but so many people did through the 40’s, 50’s, and 60’s. Maybe “the greatest generation” really did have something inherently within them that today we just lack; maybe the world has just changed since then. Maybe the reasons are due to a change in battlefield conditions or additional stress on the American solider, or maybe this statistical rise is a indicative of a broader shift in our culture.
Additionally, I just joined the class Wednesday evening and Friday’s lecture was my first class so if I did this wrong please let me know