Music Is an Art Form - 1504 Words

TERM PAPER â€Å"Music is generally perceived as the most universal of all art forms.† The literal meaning of the word music according to any dictionary is: art of combining vocal or instrumental sounds in a harmonious or expressive way. But music has a meaning which is far broader than this. Music is life. Music means Self-expansion and oneness. It is an art by itself. Art, in any of its forms, is generated by a person, or a group of talented yet usually ordinary people, that express, willingly or not, an opinion regarding present times. It is not a want; it is a need. If you try to imagine yourself without it, you are bound to feel incomplete. For many of us, it has become a necessity of our lives. Music has no boundaries. Music is the†¦show more content†¦Music itself is considered as a language. Music and language are related in many ways. Because music stimulates our sense of hearing, it is clear that music can, and inevitably does, convey information. I consider that music is, by its very nature, has the power to express everything, whether a feeling, an attitude of mind, a psychological mood, a phenomenon of nature, etc. Although it can be said that music usually tends to express something, this is only an illusion, and not a reality. It is precisely this, which produces in us a unique emotion which has nothing in common with our ordinary sensations and our responses to the impressions of daily life. Music expresses, at different moments, serenity or liveliness, regret or triumph, fury or delight. It expresses each of these moods, and many others, in a numberless variety of differences. It may even express a state of meaning for which there exists no adequate word in any language. In that case, musicians often like to say that it has only a purely musical meaning. They sometimes go farther and say that all music has only a purely musical meaning. My own belief is that all music has an expressive power, some more and some less, but that all music has a certainShow MoreRelatedMusic As A Form Of Art1125 Words   |  5 PagesMusic is an art to reflect human’s emotion. It is the science or art of using tones and sounds in association and in temporal relationships to make construction having unity and continuity.It can be divided into classical music, pop music, folk music and instrumental music. In the types of art, music belongs to abstract art. Music can make people pleasant and bring enjoyment of auditory sense to people.Music refer to an art include melody, rhythm ,harmony vocal and instrumental sounds.There is noRead MoreMusic : A Powerful Form Of Art1516 Words   |  7 PagesMusic is vitally important to countless people. As said by Frank Zappa, â€Å"without music to decorate it, time is just a bunch of boring production deadlines or dates by which bills must be paid.† Music brings art and creativity to a person’s life. Unlike, art or paintings or some theater, anyone can appreciate it. Simply, by tapping your foot to the beat, you are appreciating the art of music. Music is a powerf ul form of art. It motivates and inspires its listener. Music is like an indescribable forceRead MoreRap Music As An Art Form1295 Words   |  6 PagesI. Introduction â€Å"Rather than treat rap music as an art form whose primary purpose is to entertain, prosecutors have become adept at convincing judges and juries alike that the lyrics are either autobiographical confessions of illegal behavior or evidence of a defendant’s knowledge, motive, or identity with respect to the alleged crime† (Nielson and Kubrin 1). Recently, prosecutors have been using rap lyrics as evidence in a criminal case. Rap, a form of hip-hop, originated in the 1970’s in NewRead MoreAn Multidisciplinary Art Form Of Experimental Music Theatre Essay1988 Words   |  8 Pagesmultidisciplinary art form of Experimental Music Theatre is relatively new in the art world. It encompasses a wide range of musical and theatrical forms and styles and is often presented in unconventional venues. Similar to Wagner’s notion of Gesamtkunstwerk, Experimental Music Theatre seeks to integrate all the arts to create one complete art form. For Wagner, this ideal materi alized in his Operas, which he labelled music dramas. However, in contrast to Wagner’s dramas, where music, voice, poesy, paintingRead MoreMusic Is A Form Of Art In Which People Paint Pictures With1331 Words   |  6 PagesMusic is a form of art in which people paint pictures with their words and instruments. On April 19th I attended an amazing performance at Prince George’s Community college that was a prime example of this. The piano concert was a duet performed by Josiah Stocker and Hyeeum Hahm. They performed Vif, Modere and Brasileira by Darius Milhaud; Hoe-down, and Saturday Night Waltz by Aaron Copland; and VII. Waltz, V Rag, and VIII. A la Turk by Dave Brubeck. They played each piece beautifully but the enjoyedRead MoreMusic is one of many forms of art. There are varying types of music which consists of seven1300 Words   |  6 Pages Music is one of many forms of art. There are varying types of music which consists of seven different concepts. These concepts: rhythm, tone, beat, melody, harmony, expression, and structure, are the fundamental parts of music. These parts of music, with all of its characteristics, has been proven throughout history to change views of most humans on earth regardless of age race, sex, and nationality. The creation of music is still disputed; however its early forms consisted of simple beats, rhythmsRead MoreDid the Impact of the Beatles Sgt Pepper Album Help Redefine Popular Music as a Culturally Significant Art Form?4164 Words   |  17 PagesSgt. Peppers Lonely Hearts Club Band is first and foremost the album that gave rise to hopes of progress in pop music (The Times, 29 May 1967) Did the impact of the Beatles Sgt Pepper album help redefine popular music as a culturally significant art form? Summary of Assignment Choose an artist from the period 1900-1970 and to examine their relationship to the cultural and social framework of their era with reference to an important or influential album. Introduction In this essay IRead MoreThe Music Of Jazz Music1353 Words   |  6 PagesTo define jazz music, one must scroll through the lexicon of words associated with the sound of jazz to come up with a description of the art form. Words such as smooth, cool, nice, swinging, and jazzy describe the art form. However, because of the vague definition of its sound, there is no one true definition of the art form. Jazz is an art form that cannot be restrained. Jazz is like watching Michael Jordan go up for an ordinary slam dunk, but in midair, he changes his mind to do something completelyRead MoreRomanticism in Music1653 Words   |  7 Pagesearly twentieth century. Drastic changes in the arts took place over the course of this time period. During this movement, much emphasis was placed on emotion and imagination in the arts. Prior to the Romantic Period, music had been seen more as recreation and njoyment than as an integral part of culture. The term Romanticism was first used in England and Germany in reference to a form of literature. It soon after spread to music and the visual arts. Romanticism was largely a product of two importantRead MoreArt Songs and Schubert1542 Words   |  7 PagesWhat is Art songs? The human voice is a natural instrument with unique capabilities. Speech and music have been combined since the earliest times, so that Song is probably one of the oldest musical forms. Simple definitions for song might be a piece of music performed by voice, with or without instrumental accompaniment, or a poem set to music. The German word for such classical song is Lied (singular) and Lieder (plural), so that you will hear the terms art song, lied and lieder used

Early American Education and Early Education Laws

â€Å"The philosophy of the ____schoolroom______ in one generation will be the philosophy of ____goverment________________ of the next.† – Abraham Lincoln EARLY AMERICAN EDUCATION Harvard Started by the Congregationalist, Harvard was founded as a school that trained men for the ministry of being a pastor (Barton, (2004)). Its philosophy was â€Å"Christ and the church and to the glory of God† (Barton, (2004)). This school produced great men such as Cushing, Pickering and many more that would lay a Godly foundation for education (Barton, (2004)). Yale Started by the Congregationalist, this too was founded as a school to train men for the ministry (Barton, (2004)). This school produced men that signed the Declaration of Independence as†¦show more content†¦Emma Willard Emma Willard was a pioneer in education for women in a time when it was believed that only men should be educated. She was a successful author of educational textbooks that were deeply rooted in the Bible. Her educational philosophy was that Christianity was important to public education. Booker T. Washington Booker T. Washington was the most significant educator in the African American community. He also headed the Tuskegee Institution and founded a Bible College to improve education for pastors. His school incorporated Biblical principles into every aspect of education (Barton, (2004)). Daniel Webster Daniel Webster had much influence on the educational system in America. He tried a case before the United State’s Supreme Court regarding a school in Philadelphia that had forbid religious leaders to be on the campus of the school. He believed that the Word of God was it was a force that would last to the end of time. He opposed any education that restricted the Bible from education (Barton, (2004)). MEASURING RESULTS OF EDUCATIONAL PHILOSOPHIES Martin Luther Martin Luther stated very well that if we do not teach the Word of God in public schools, then the schools would be so corrupt that children would be led to hell (Barton, (2004)). He believed that the Word of God would foster a society of goodness. His educational philosophy was â€Å"the Holy Scriptures must be taught in all publicShow MoreRelatedEssay How to Give American Students a Billingual Education1325 Words   |  6 PagesColumbus first said when stepping on American soil. Perhaps he said: â€Å"This land holds great promise.† Whatever he said the more fascinating question to ponder centers around what language did he speak, for Christopher Columbus, a multi-linguist, knew Italian, Spanish, and Portuguese. So what happened to the diversity of languages in this land of promise? Many foreigners contribute to the melting pot of America, bringing their culture and language, yet American schools continue to teach just one languageRead MoreThesis Statement : Hispanic Latino Ethnicity843 Words   |  4 PagesThesis Statement: While Hispanic/Latino graduation rates continue on an upward trend, they are still the second highest dropout rates amongst all minorities influenced by a lack of bilingual education programs, low participation in early childhood education programs and a lack of respect for the Hispanic/Latino culture are leading contributing factors to their continued high dropout rate. I. Many people in the United States are in denial as to the impact of the growing Hispanic/Latino populationRead MoreAmerican Education: The Afflicted System1210 Words   |  5 Pageschildren and education it is not surprising that the processes by which the next generation is being taught has become scrutinized on many occasions. American public education has been a major issue for almost as long as it has been around. Many movements and people have tried solutions that they believe will solve the problems with the education system. Some solutions had good intentions but were not implemented well. Other solutions had little to no benefits on the system. Education has taken theRead MoreEducation Is A Fundamental Right For Everyone965 Words   |  4 PagesEducation is a fundamental right for everyone. However is that right being challenged in today’s society? Are the rights of those who are entitled to fair education being infringed upon due to policy and funding? These con cerns are not only of today’s parents and future parents. These are also concerns of current students who are striving to obtain and maintain an education. Our economic standards are changing and could a fair education for the poor be on the brink of extinction? Extinction seemsRead MoreEducation Has Always Been An Imperative Aspect Of The1627 Words   |  7 PagesEducation has always been   an imperative aspect of the American identity. To be educated is to be successful. Despite the emphasis that is placed on education,   there are certain barriers that have stalled the equal distribution of knowledge. One of those major barriers is racism. The United States of America has had institutionalized racism in schools for decades; with more advantages being offered to white students instead of minorities. Thankfully, things have   greatly changed since the days ofRead MoreEssay about The Puritans1156 Words   |  5 Pages The Puritans were a religious g roup that came to North America in search of religious freedom, and, in the process, greatly impacted the North American church, government, education, social mores, and economy. Many of the things that they implemented in the first colonies are still seen today in the social and governmental structures of the United States. Their beliefs and traditions are still practiced today and many social mores are still being adhered to, even now. The PuritansRead MoreEarly Childhood Education Essay1573 Words   |  7 PagesThe education of the young mind is an important step in preparing the child for future learning experiences. The evolution of early childhood education has changed how adults and parents view the importance of offering stimulating and exciting opportunities to the very young. Early childhood Education offers the young child learning experiences that benefit them throughout their educational career. They soon embark on a whole new world of learning. These children are not only experiencing standardRead MoreEssay Case Study: Early American Education826 Words   |  4 Pageswill be required to submit the completed chart during Module/Week 4. â€Å"The philosophy of the _____school room______________ in one generation will be the philosophy of ___government_________________ of the next.† – Abraham Lincoln Early American Education Harvard Harvard Directives to students were to study is to know God and Jesus which is eternal life (John 17:3) Harvard’s motto for â€Å"For Christ and the church â€Å"for the glory of Christ. Produced declaration signers: William Hooper, WilliamRead More Education Essay examples739 Words   |  3 PagesEducation nbsp;nbsp;nbsp;nbsp;nbsp;In many different ways, American cultural life during the Jeffersonian Era began to appear as a reflection of the Republican vision of the future. The Republicans had observed many modernizing trends, some of them favorable and others detrimental to their view of an ideal society. American religion began to adjust to the spread of Enlightenment philosophies. However, one of the most notable alterations was the new emphasis placed upon education. As moreRead MoreThe Historical And Evolutionary Process That Occurred Essay1387 Words   |  6 PagesColleges and Universities (HBCU’s), we must examine the historical and evolutionary process that occurred in early education. Education during the colonial period included a strong emphasis on the bible. Leaders wanted students to be able to read and apply biblical principles. Education was primarily used for ministerial purposes. Another primary purpose of education during the countries early development was to serve as a means of distinguishing class among its citizens. Although most educational

Gun Control Laws Throughout The United States - 1405 Words

Luis Alicea Mr. Wiglesworth ELA 8 Block 3 March 4, 2015 Gun Control Laws in the United States In the space separating 1982 and 2012 the U.S. had approximately sixty-two mass shootings. Just because of this statement gun control should be fortified in order to reduce crime rate. Gun control laws in the U.S. are too facile. An example of this is that you can walk into a Walmart with money and an I.D. and walk out with a handgun. There are restrictions to gun ownership but they are not enforced. Usually the opposing crowd who do not want to bolster gun control use the Second Amendment as an excuse to not agree with the idea that emphasizing gun control will help the U.S. in many ways. Gun control in the U.S. should and needs to be†¦show more content†¦In December 14, 2012 a devastating shooting out broke in Sandy Hook Elementary School in Newtown. This event awakened lawmakers, which started working hard in the direction of more security. In 1971 congress passed the second amendment which stated that â€Å"a well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear Arms, shall not be infringed.† In the year 2016 this statement is generally, very debatable. One side of the party altercates that owning guns is a right that everyone should have because it is the same as the same as the plain right as self defense. The other party says that back when the second amendment was written the plan was of making a standing army. But now that the U.S. has a strong army and police force the amendment is obsolete. In 1968 the Gun Control Act was passed. This act let federal, state, and local law enforcement raise authority in controlling gun control in attempt to reduce crime. The act also said that it is illegal to market or supply firearms or ammunition to â€Å"any individual who the licensee knows or has reasonable cause to believe is less than eighteen years of age†. In 1993 another act that was passed was the Brady Handgun Violence Prevention Act which required the purchaser of a firea rm to complete a background check. Section 922 in the U.S. Code restricts categories of people from freighting, accepting, or owning firearms or ammunition. In 1994

Animal Testing Is A Significant Controversy Across The...

Animal testing is a substantial controversy across the nation. According to Rush, Catherine M. et al. â€Å"Animal Models to Investigate the Pathogenesis of Rheumatic Heart Disease.† Frontiers in Pediatrics 2 (2014): 116. PMC. Web. 27 Oct. 2016., animal testing has been around for quite some time. Her article states that â€Å"Animals have been used repeatedly throughout the history of biomedical research. Early Greek physician-scientists, such as Aristotle, (384 – 322 BC) and Erasistratus, (304 – 258 BC), performed experiments on living animals. Likewise, Galen (129 – 199 / 217 AD), a Greek physician who practiced in Rome and was a giant in the history of medicine, conducted animal experiments to advance the understanding of anatomy, physiology, pathology, and pharmacology. Ibn Zuhr (Avenzoar), an Arab physician in twelfth century Moorish Spain, introduced animal testing as an experimental method for testing surgical procedures before applying them to hu man patients.† Nevertheless, it is still needed in today’s society. There are many reasons for why we need animal testing in our lives. One could be the sheer fact that small animals, such as mice or guinea pigs, provide us with a living organism, like ourselves (humans), to test and make the observations such as â€Å"if we did this, then that would happen†. Other considerable examples would be the testing made on living animals for the benefits of research into basic biology and diseases, evaluating the efficacy of new medicinalShow MoreRelatedFur Of The Fashion Industry1107 Words   |  5 Pagessurrounding the use of animal furs in the fashion textile industry? When the learner was a little girl, she loved animal books and grew up reading the stories about Three Little Bears, Three Little Pigs, Little Red Riding Hood and fell in love with all these stories. Most notably there has always appeared to be a good guy and a villain and so as the learner grew she would always fight on th e side of the underdog; with this in mind, the older the learner became her love for animals and fashion also grewRead MoreThe Animal Of Animal Welfare Act1851 Words   |  8 Pages Animal Welfare Act Casandra Sasaki Eagle High School Abstract The Animal Welfare Act, passed in 1966, establishes guidelines for the protection of animals used for research and other purposes, defines the requirements for facilities housing those animals, and outlines the procedures for inspection and maintenance of those facilities by government entities. This paper explores the pros and cons of the act as well as the effectiveness of the guidelines and their enforcement. FinallyRead MoreThe Issue Of Animal Experimentation Essay3299 Words   |  14 PagesCool† The issue of animal experimentation has been hotly debated in regards to many aspects of the problem, such as the rights of the animals and the beneficial results that come from animal experimentation. In the year of 1989, the United States Supreme Court ruled the first victory for pro-animal welfare in the Silver Spring Monkey case when seventeen monkeys had been held captive under inadequate living conditions, and were subject to experimentation that was deemed animal abuse (peta.org). ForRead MoreThe Body Shop, Corporate Social Responsibility Essay6824 Words   |  28 PagesAssignment Corporate Social Responsibility Analysis of The Body Shop Date 29 January 2010 Word Count 5477 Grade 75% Table of Contents Preamble 1 Introduction 1 Corporate Social Responsibility 2 Opposition to Animal Testing 3 Support for Community Trade 6 Environmental Protection 9 Evaluation 11 Conclusion 13 References 16 Appendix 1 20 Preamble The objective of this piece of work is to undertake a critical analysis of the cosmetics companyRead MoreGenetically Modified Organisms ( Gmo )3037 Words   |  13 Pagesgenetically modified organisms has had a broad impact among nutrition research and biotechnology (Herman 2003). Even though the use of genetically modified crops is not considered to be relatively new, recently the media has seized control over the controversies regarding the use of genetically modified organisms. Overall, it is important that food, whether developed by conventional means or through biotechnology, such as genetic modification be safe and free from major health risks for the American societyRead MoreThe Hidden Monster On The Shelf3211 Words   |  13 Pagesdevelop further testing possibilities of new diseases caused by GMOs, consider the effects of a GMOs based economy, and let the public understand fully what GMOs really are. Furthermore, GMOs are found in a long list of foods that are consumed daily. Along with the GMOs come the dangers they pose to humans. The American Academy of Environmental Medicine reported that GMOs could eventually cause immune problems and accelerated aging (Smith). Along with this notion, some animal studies showed directRead MoreIs Biotechnology A Vital Issue That Impacts All Of Us?2562 Words   |  11 Pagesthat impacts all of us. Development of genetically modified organisms is one of the highest achievements of this technology (Khan, et al. 2012). Due to global population growth there is a rising threat to food security. According to the United Nations Food and agriculture Organization (FAO) the widely accepted definition of Food security is that food is available at all times; that all persons have means of access to it; that it is nutritionally adequate in terms of quantity, quality and variety;Read MoreAmerican Vs. Russian Space Program2237 Words   |  9 Pagesand promote the space program. When Roscosmos and NASA joined together, other countries of the program increased their efforts, however the United States and Russia continued to dominate the majority of the construction of the ISS. Though the two nations competed against one another, each hoping to gain victory, the majority of society remains unaware that the idea, which initiated the Space Race, arose from a Nazi rocket developer Wernher von Braun. â€Å"From his teenage years, von Braun had held a keenRead MoreLas 432 Research Paper: Gmos20901 Words   |  84 Pagesorganisms that live within it. The thesis of this report is that Genetically Modified Organisms have distinct benefits with the potential to help starving nations, combat disease and create economic growth; however the research and true benefits to humans in general is underdeveloped and under-regulated. This uncertainty leads to controversy, possible environmental impacts and health concerns. An idea good in concept, Genetically Modified Organisms creates a topic of discussion and the necessityRead MoreThe Controversy Over Genetically Modified Foods ( GMOs) Essay2221 Words   |  9 PagesThe Controversy Over Genetically-modified Foods The genetic engineering of foods has, in one sense, been in existence for hundreds of years. The first time Gregor Mendel bred different varieties of pea plants to observe the various traits present in their offspring, the concept was born. Today, genetic engineering has developed into one of the most complex and advanced fields of scientific thinking, all the while provoking many questions and acquiring many opponents along the way. While there

The change in marriage and divorce figures over a 20 year period Free Essays

In this essay I will look at the change in marriage and divorce figures over a 20 year period. I will look mainly at the area of divorce and how this may have affected the relationships within marriage, within my chosen time scale, to explore how a changing society may have resulted in the breakdown (or choice to not undertake) marriage. I have looked at data from 1978 and then at 1998 from the official statistics for these two areas. We will write a custom essay sample on The change in marriage and divorce figures over a 20 year period or any similar topic only for you Order Now I will look at data from two separate years, only twenty years apart to show what changes if any can be seen in such a small time scale. The data I will use is taken from the ‘Office of Population Censuses Surveys’. Marriage and divorce Statistics (1980 1998). I have converted them to percentages, to make them easer to understand and rounded them to the nearest 0. 01%. I have not included the widowed figures in this essay! As this is not a choice like divorce or marriage. Looking back over the divorce rates and how they have changed, showed that from as far back as 1901 to the late 1960’s with only a small increase from the 60’s to the late 1970’s. Divorce rates were quite consistent from 1. 4% to 2%. Then between the late 1970’s to today a huge leap. Between 1978 and 1980, there was a vast amount of movement in the rights of women in respect of work and benefits rights. As well as social changes in respect of how divorce and signal mothers were viewed. Was there a shift from a patriarchy society? Women became able to function in society without a man or marriage. So what do the stats show? In 1978 Looking across all (adult) age groups, 50. 5% were marred, 40. % were single. With those divorced showing only 2. 1%, the figures for 1998 show that 43. 7% were single, with only 42. 8% marred. This shows one area of change, less people getting marred, although the figures do not indicate those living together unmarried (which raises the question of value placed on the position or marriage in today’s society). When we look at the figures for divorce in 1978 then at 1998, the change is easy to see. In 1978 only 2. 1% of adults were divorced, only 20 years later it was 6. % an increase of 4. 7% more. The years after the war up to 1978 showed only a small difference form the 1945 to 1978, only 0. 5%. Yet in this 20 year section there is a rapid increase, the figures also shows an increase of remarriages. If we take away those remarried, the divorce rate is 10%. The age people marry today has also changed, 26. 8 % in 1978 were marred by 25 years old. By 1998 this had dropped to only 10. 3%. And later in life, age 65 to 70 years of age. Over 51% marred in 1998 as apposed to 29. 3% in 1978. The figures show in 1978 marriage lasted longer with less ending in divorce, by 1998 marriage was ‘later in life’, with more chance of divorce, and this also raised the amount of 2nd marriages. NOTE:[Divorce rates did jump between 1972 and 1972 but this is could be argued was a result of the Divorce Reform Act of 1969] The way we record ‘what is’ a family unit has been forced to change with less people marrying; a family in the 70’s was; â€Å"a social unit consisting of a wife, husband and dependent children† (Huges Fergusson 2000, P49) Whereas today; â€Å"a family is defined as a marred or cohabiting couple, with or with out their never married children (who have no children of their own), or a loan parent with such children. People living alone are not considered to form a family† (social trends, 1999, P43) In 1997 there were only 310,000 marriages altogether, this was the lowest recorded figures of the 20th century, and more divorces were brought by women on the grounds of ‘unreasonable behavior’ some 70% (ONS, 2000, p. 9) This is could be argued marks a change with women now making sociality move away from a patriarchal ideology, some commentators in the 70’s talked of marriage moving towards one of symmetry; Michael Young and peter Willmott argued that women no longer needed the ‘male bread winner’, and with more legal support and better rights in/access to employment, the relationships within marriage hade to change, Young and Willmott said; this symmetry could be seen in division of labor in the home, with the old distinction between men’s and women’s jobs becoming increasingly blurred, a shift to joint decision making, and increasing sheared social life† Young and Willmott 1973 p. 343) So not only the way the family unit is seen in society has changed, it could be argued, but the relationships within marriage undergone change. In this small gap of 20 years, women it could be argued have more control, no longer has the man got more power then the woman in the home relationship. Of course this is not true of the ‘older generation’, although with social change each generation brings its own values to the front. We can see today with marriage declining, more ending in divorce, modern society places less value on marriage than there parents did. Old moral values are been eroded away, for a faster consumer orientated society. Things are for today and out of fashion next week. It would seam that if current trends continue as they have from 1978 to 1998; will anybody both to get married in 30 years time. Will relationships become more of a casual affair? Will women gain more control than men with in relationships. Women with the emergence of things such as ‘the pill’, sperm banks for single [potential mothers] women. The position of men within society us under more pressure and question the more we move into the ‘new’ modern equal society. How to cite The change in marriage and divorce figures over a 20 year period, Papers

Business Proposal for KFC-Free-Sample for Students-Myassignment

Question: Write a Business Proposal for any significant Organisational Issue. It could be any hypothetical or real issue in the Organisation. Answer: Introduction A business proposal is an aim of preparing and sending the tender to business for attracting the managers and directors to accept the offer and benefiting both the parties. The business proposal involves the ideas which are needed by an organisation to achieve upgrading. There is a set format of business proposal. Focusing on the current report the organisation selected is KFC and organisational issues are figured out and opportunities are created out of it. Initially, entire issues are discussed in the structure of business proposal which states the enhancement of quality in certain franchising, the inauguration of paper bag manufacturing machine could be initiated to curb the expenses that were generated while purchasing these bags from Wendys. QMS registration could be made by paying registration fees. Appropriate software should be opted for carrying out better research and development. The new outlet should be opened in South America for expansion purpose and adding things to the menu for attracting more consumers and increasing customer loyalty. Appropriate cost estimation on tendered ideas is constructed and timelines are set so that work gets accomplished within the tenure. Involvement of project manager is discussed and benefits on inculcating the changes are analysed followed by a conclusion. Lastly, it could be cultivated that an organisation like KFC also requires certain organisational changes in order to grow and achieve heights. Major challenges should be initiated so that new routes get opens and area of opportunities broadens up. Structure Kentucky Fried Chicken popularly known as KFC was initiated in the year 1930. The outlet was basically a service station located in Corbin, Kentucky. Harland Sanders, a 40 years old man used to serve the travellers who halt by the place for attaining gas service. Sanders serve the southern-style chicken to travellers. Slowly and gradually the fame of Harlands chicken spread in the entire city and crossed boundaries. People used to travel distances to enjoy Sanders special chicken. For the nine long years, Sanders learn about improving the dish even more and getting clarity upon the usage of 11 herbs and spices. The technique of preparing the food was improved and these ingredients and recipes are used till date. By the passing year around 20,500 outlets of KFC were opened in about 125 countries of the world[1] (KFC, 2017). In Australia, the restaurant was opened in the year 1968 in Guildford, NSW. At the initial stage, it got started with 25 employees. Now the scenario is such that about 612 outlets are opened in Australia. About 160 stores of KFC are owned by KFC and the remaining outlets are handled under the franchisees. There are around 30,000 Australian natives appointed to work in these outlets holding the strength of about 2 million and more customer base weekly[2] (KFC, 2016). KFC is the fastest growing fast food chain after McDonalds and is famous for its quality chicken and secret recipes it follows from years. Though being at the top there are certain organisational issues that KFC faces, focussing which will increase the ladder of success. First of all, KFC lacks on the part of research and development. There are certain franchises that are not delivering a quality product, therefore these outlets are to be figured out and corrective actions must be taken so that brand image not gets affected. Another issue that KFC faces is they do not have their original packaging criteria. The bags used for packing food stuff are taken from Wendys restaurant. For such packaging, purpose makes option can be selected instead of buying to save the remaining cost. Since KFC is famous for its chicken but they should try the expertise in other food material as well. Many vegetarians, as well as non-vegetarian variety, can be initiated. The focus should be paid on dishes o f fish as well by setting a new benchmark and achieving the target. The expansion is required in South America to increase the market share[3] (Kasi, n.d.). Costs (estimated) On considering the requirements and issues that organisation is facing it could be decided to construct an estimated cost that needs to be incurred while implementing the changes[4] (ACCA global, 2017). As far as research and development are considered appropriate training should be rendered to the concerned department. External can be appointed for the time being to make the staff learn about better research. Fresh talent can also be invited to fulfil the gap. For that recruitment and selection cost will be incurred or the option of employment exchange can be selected so that work shall be diverted and the only certain amount is to be paid to employment agencies and requirements are demonstrated to them. Another exposure is to improve the quality of the food served. Quality check is made and QMS should be adopted. Certification from ISO9001:2015 should be gained[5] (Greendot, n.d.). For acquiring the QMS certification $5000-$ 50,000 is charged as registration fees though it is an ex pensive treat involves the entire documentation and training program which is way more beneficial. Also, there is a requirement to manufacture own packing bag which is a one-time investment which can be recovered. For that bag manufacturing machine need to be implanted and human resource is required to operate the machine and renders output. Therefore the cost of manufacturing along with the hiring of people gets cumulated which costs around USD 80,000[6] (India mart, 2017). Also, there is a need to add some more variety other than chicken as well. As the company has mastered in preparing chicken by following the age old secret recipe there for the recipes related to fish and beef could also be introduced. Deep understanding of customers taste should be noted and a list of dishes should be prepared and according to varieties, the budget is set. This costs minimal and raises up the standard of KFC even higher. Along with that KFC should focus on achieving the market at South America as well. There less number of outlets prevailing in South America and the market is healthy enough to gain the portion by ensuring growth and development along with the expansion. For that purpose again the need for research and development will be there. For opening up, new outlet capital will be required. Capital can be managed either from the reserves of the company which will be beneficial for the entire organisation. Another option is to render loan and pay timely interes t upon it, this may be a costly avenue but once the franchising gets flourished and profit maximisation takes place things will settle on place slowly and gradually. Opening an outlet is risky measure but risks and growth are interdependent. More risk more will be the profit which results in development. For opening new outlet location needs to be select which should be within the reach of customers [7](Bishop, 2016). New hiring will be made and warehouse is required to store the stuff for future usage. Promotional activities will be conducted along with adequate transport which should favour the home delivery procedure as well[8] (Restaurant owner.com, 2017) Items Cost estimation Involving advanced RD software $60 Hiring employees for RD, operating machine and staff for a new outlet. $7,500 Purchasing and implanting paper bag manufacturing machine. $80,000 Obtaining ISO 9001 certification. $25,000 Equipment for preparing the new menu. $4,000 Opening outlets in South America: Total start-up cost (including land purchase). Start-up cost per sq. ft. (including land). $7,50,000 $170 Warehousing cost $5,00,000 Total estimation $1,366,730 Timelines To settle the above-mentioned issues around 2 years are required. Certain issues are such which are easily initiated while some require time for settling in the organisation. Research and development can be immediately implemented in around 2 days. The hiring of fresh talent is a bit time consuming but the installation of software is not the issue. For purchasing paper bag manufacturing machine comparison should be made this might take fortnight or more. For adding the new varieties in the menu again research will take place, which dish to be added will be discussed with the kitchen management and board of directors. Accordingly, ingredients are arranged and imported if needed. This may take a couple of months for completion. Afterwards, QMS certification is achieved which might require time for completion of entire process, documentation and training required for attaining relevant quality. Lastly, new opening will require most of the time. For new opening in South America first of all location need to be accessed, a warehouse near the outlet is selected, better transport facility is chosen. Around a year time will be required in making research, analysing market, choosing a suitable location to establish the outlet. After confirming the place and accomplishing the paper work, construction of the workplace get started; furniture and fittings, lightings, water supply and multiple essentials are completed. For final settlement and inauguration, another round year will be spent this way for complete settlement of new outlet 2 years estimated time will be required[9] (Project a to z, 2017). Involvement in the project Being a project manager for this project the role played was to render the idea to directors for expansion and growth. The internal and external market was studies and competitors move was analysed. Customer preferences were given priority and information was gathered by making consumers fill the feedback form. From the data collected through experts and consumers, immediate action towards the organisational issues was taken. The idea to introduce the new dishes to the existing menu was initiated. Hiring work was allotted to the human resource department for the selected field. QMS was introduced and the standardised chart was made to follow. Comparison for purchasing manufacturing machine was done and suitable cost effective machinery for packaging got selected for the organisation. The thereafter research was made upon opening a new outlet in the developing areas of America. The strategy to capture the market was made. Location for opening the new franchising was finalised, the lan d was purchased and construction work took place where site duty was given as well. Recruitment at that outlet was also done to appoint competent and confidential staff[10] (Anantatmula, 2010). Benefits of the proposal From the above proposal, it could be derived that when organisational issues are figured out and fixed by following the adequate steps company will definitely face benefits. The cost will be incurred and some require heavy cost as well but results are more than the invested amount[11] (Berry, 2013). Considering the above proposal if benefits are counted, out of it various changes and challenges will be achieved. First of there will be clarity in the mind of staff that what will be the wise step for the organisation. This will be achieved with the help of appropriate research and development. Secondly, when paper bag manufacturing will take place in the organisation than by the passing time the cost of machinery will be covered up and the machine will turn out to be the fixed asset delivering profits which were earlier diverted to Wendys. With the increasing staff efficiency of the organisation will get increased. When more varieties of fish will get added to the menu of KFC than the sea food lovers will get attracted as well enhancing the customer base. Accordingly, consumer loyalty will also increase. This would result in expansion as well as development will take place[12] (Smith, 2017). On opening, the new outlet in South America expansion will take place and popularity gets an increase. The organisation will be able to explore and establish in the new market. With the opening of new franchising competition among the existing outlets and similar business will take place. If the competition is healthy in nature then chances of growth of all the outlets will take place. Lastly, on achieving ISO 9001 Certification for QMS; the authenticity of the organisation increases thereby trust with the company will also enhance. Rendering of quality automatically expands the brand image and faith among the consumers. Conclusion Thus, from the above business proposal, it could be concluded that there is a various organization that prevails in the market carrying divergent organisational issues. The organisation selected here is Kentucky Fried Chicken (KFC) whose organisational issues are figured out and corrective actions are taken. Thereafter structure for proposal is designed and the cost was estimated. Timelines were marked to accomplish the project on time. Being a project manager the contribution is briefly discussed and at the end benefit of the proposal to the business is described. To apply the changes and resolving organisational issues deep study in regards to changes will be made and minute aspects are considered to avoid adverse condition and initiate smooth functioning of the organisation. References ACCA global, Target costing and lifecycle costing, 2017, https://www.accaglobal.com/in/en/student/exam-support-resources/fundamentals-exams-study-resources/f5/technical-articles/target-lifestyle.html,(accessed on 7th August 2017). Anantatmula. V.S., Project manager leadership role in improving project performance, Engineering Management Journal, vol.22, no.1, 2010, p.13-23. Berry. T., 10 business plan benefits you might be forgetting, 2013, https://www.entrepreneur.com/article/228220, (accessed on 8th August 2017). Bishop. R., KFC to open more than 500 new outlets across UK: find out where your nearest restaurant will be, 2016, https://www.mirror.co.uk/news/uk-news/kfc-open-more-500-new-8788444, (accessed on 8th August 2017). Greendot, ISO 9001 quality management system, n.d., https://greendot.co.in/iso-9001-quality-management-system/, (accessed on 7th August 2017). India mart, Fully automatic paper bags making machine, 2017, https://dir.indiamart.com/impcat/fully-automatic-paper-bags-making-machine.html, (accessed on 7th August 2017). Kasi, KFC Swot analysis, n.d., https://marketingmixx.com/marketing-basics/swot-analysis-marketing-basics/174-kfc-swot-analysis.html, (accessed on 7th august 2017). KFC, About KFC Australia, 2016, https://www.kfc.com.au/kfc-australia, (accessed on 7th August 2017). KFC, What made us great is still what makes us great, n.d., https://www.kfc.com/about, (accessed on 7th August 2017). Projects A to Z, How to develop a successful restaurant construction schedule, 2017, https://www.projectsatoz.com/info-library/restaurant-project-plan-info-library/how-to-develop-a-successful-restaurant-construction-schedule.html, (accessed on 8th August 2017). Restaurant owner.com, Industry survey: how much does it cost to open a restaurant? 2017, https://www.restaurantowner.com/public/How-Much-Does-it-Cost-to-Open-a-Restaurant.cfm, (accessed on 8th august 2017). Smith. C., What are the benefits of preparing a business plan? 2017, https://smallbusiness.chron.com/benefits-preparing-business-plan-2702.html, (accessed on 8th August 2017). KFC, What made us great is still what makes us great, n.d., https://www.kfc.com/about, (accessed on 7th August 2017). KFC, About KFC Australia, 2016, https://www.kfc.com.au/kfc-australia, (accessed on 7th August 2017). Kasi, KFC Swot analysis, n.d., https://marketingmixx.com/marketing-basics/swot-analysis-marketing-basics/174-kfc-swot-analysis.html, (accessed on 7th august 2017). ACCA global, Target costing and lifecycle costing, 2017, https://www.accaglobal.com/in/en/student/exam-support-resources/fundamentals-exams-study-resources/f5/technical-articles/target-lifestyle.html,(accessed on 7th August 2017). , ISO 9001 quality management system, n.d., https://greendot.co.in/iso-9001-quality-management-system/, (accessed on 7th August 2017). India mart, Fully automatic paper bags making machine, 2017, https://dir.indiamart.com/impcat/fully-automatic-paper-bags-making-machine.html, (accessed on 7th August 2017). Bishop. R., KFC to open more than 500 new outlets across UK: find out where your nearest restaurant will be, 2016, https://www.mirror.co.uk/news/uk-news/kfc-open-more-500-new-8788444, (accessed on 8th August 2017). Restaurant owner.com, Industry survey: how much does it cost to open a restaurant? 2017, https://www.restaurantowner.com/public/How-Much-Does-it-Cost-to-Open-a-Restaurant.cfm, (accessed on 8th august 2017). Projects A to Z, How to develop a successful restaurant construction schedule, 2017, https://www.projectsatoz.com/info-library/restaurant-project-plan-info-library/how-to-develop-a-successful-restaurant-construction-schedule.html, (accessed on 8th August 2017). Anantatmula. V.S., Project manager leadership role in improving project performance, Engineering Management Journal, vol.22, no.1, 2010, p.13. Berry. T., 10 business plan benefits you might be forgetting, 2013, https://www.entrepreneur.com/article/228220, (accessed on 8th August 2017). Smith. C., What are the benefits of preparing a business plan? 2017, https://smallbusiness.chron.com/benefits-preparing-business-plan-2702.html, (accessed on 8th August 2017).

Financial Issues

Question: Write an essay on Financial Issues? Answer: Historical Summary of SOX Enactment: The SOX Act was enacted due to corporate chaos like Adelphia, WorldCom. The Congress was pressurized from the public to address the unruly behavior of the executives of the companies engaged in public trade. The main aim of the act was to increase the confidence of the people on the financial market. The scandals also led to the shameless disrespect of the Generally Accepted Accounting Practices. The loss that accrued to WorldCom in 2001 was covered by a sum of 3.8 billion dollars. There was also an overstatement of profit of 586 million dollars by Enron. The investors were fooled by this overstatement of profits and this resulted in plummeting of the stock prices of the company. The obvious results led to company being bankrupt and investors losing in millions. Life savings of the employees of Enron was lost due to the bankruptcy (Anand, 2007). Arthur Anderson who was the audit firm of the company also became bankrupt. After the SEC had started an inquiry over Enron, Anderson reveal ed all the documents of the company. Tyco scandal was due to immoral and unethical behavior of the corporate firms. The CEO and CFO of the company Tyco was caught stealing 150 million dollars of the company (Sherman Chambers, 2009). The family of Rigas was caught stealing 3.1 billion dollar and was supported by Adelphia. There was overstatement of capital expenses and hiding of debt by Adelphia. The jury of the federal court convicted CEO and CFO of the company Adelphia on the charges of looting about 100 million dollars, concealing an amount of 2 billion dollars in debt and revealing false financial and operational details to the public (Anand Tarantino, 2010). There were similar other stories like this that showed that the abuse of power by the corporate. The Act Sarbanes-Oxley was presented by Senator Paul Sarbanes who happens to be a Democrat from Maryland and Michael Oxley, a Congress man from Ohio the bull was signed by the former president George Washington Bush on 30 July 2002. Ethical components of SOX: The key components of SOX are the need to produce Code of Ethics for the senior financial members and also the mechanisms of enforcement. The auditors coming from outside should given tenure of maximum five years and then consider a rotation for them. The other significant factors that need to be considered are independence of directors, responsibility of audit, nomination of committees and providing compensation, ethics guidelines, control and procedure disclosures, control over internal reports of finance etc (Valentin Dijksman Chiche, 2000). Before the SOX implementation the committee of Audit took the responsibility of accuracy of finance with due respect to internal control of finance. The independent auditor of the company is chosen by the committee of Audit rather than the CEO of the company (Brewer, 2006). The committee of audit was appointed by the Board of Directors after the enactment of the SOX act. Before the SOX enactment it was the responsibility of the CEO to choose the committee members of Audit. This, as a result, has prevented many conflicts to be based on interests. In case of Tyco, the CEO has also become the Board of Directors Chairman. This led him to take advantage of his powers and was successful in looting the company of its resources. Criticism arose on the part of the Board of Directors for not taking proper actions regarding this (Garner, McKee McKee, 2008). After the SOX enactment, the committee of audit assisted the board of directors to take a look over the finances. The responsibilities and duties of the committee of audit was to look into the financial reporting, monitoring the reporting and independence of the individual auditors of the company and maintain a communication with the board of directors, the management and the individual auditors. When then Board of Directors and the auditors meet they generally discuss on how well they are meeting the requirement of the SOX Act. The company must follow the sections of 404 and 302. According to section 302, the CEO needs to leave the control on internal auditing and financial statements of accuracy (Jackson Fogarty, 2005). Section 404 defines on how the management can take up control in assessing the internal control. Social Responsibility on the publication of Corporate Ethics: The Act suggests that individual companies should enlist some Code of Ethics to be followed the senior officers of finance (Orin, R.M, 2008). The officers of the company must be socially responsible towards the customers, employees, stakeholders, and stockholders. The corrupt steps taken by the companys officers led to spoiling of the reputation of the company and also hurt the sentiments of the employees and the investors. The aim of the SOX act was to prevent the harmful actions of the company to affect the society. There are instances that showed that SOX had a significant effect. The most evident fact was no revelation of corporate scandal since the year 2002 . In a forum in New York, Senator Sarbanes and other debated on whether the act was successful or not (Kaplan Kiron, 2004). He said in the COMMIT Forum that it was a very necessary safety instrument that made investors trusts the statement of finances. The law helped in solving the accounting problems and also helped in une arthing the problems in the system. The act helped in forming independent board of directors according to Zhu, Zhang and Ding. A study by them on 500 companies that included 64 different industries showed CSR with the presence of women directors and outside directors. According to Krishnamurthy and Cohen, the SOX Act has been effective but they feel that its too much focused on the directors of the board to the rules of accounting. This has led the act to miss out on the 2008s financial crisis. Too much focus on the requirements of SOX led to less focus on the corporate strategies and also the things related to technology advancement in relation to business environment. This also leads to the question that what social responsibility motives would be. The main motive would be to earn profits. Through profits, the company can continue to pay its employees and provide dividends to its shareholders so that they are not affected by the poor decisions of business and will help in continue d investment in the economy. SOX have affected the CSR as it sees profit as the best way to help the society. Criticism related to unfair burden of the Act on the small firms: With the enactment of the SOX law, the critics felt that it was a burden on the public companies. It was a costly affair for the company to comply with the sections 302 and 404. It was a common affair to have accounting cost of more than a million dollar (NAWA, 2007). The biotech companies felt difficulty in meeting these costs. The cost of capitalization was 15 million dollar for the company and no revenue. The small companies also faced the burden of the costs due to the implementation of the SOX Act. The companys with less than a billion evaluations was suggested to move out from SOX according to the new law. The companies were also exempted for the first five years after their IPO. The person who favors the Act says the benefits have outweighed the cost. This has improved the investors position and also led to financial reporting reliability. This Act has also aroused the awareness on ethical issues among CEO, auditors, directors of the board and the employees. The critics want t he SOX Act to be revised so that it becomes favorable to the small companies. SEC softened few requirements and also pushed the deadlines back for a few companies. It was suggested that the Act was valid and was best suited to the interest of the country (Karanja Zaveri, 2014). Congress agreed to the conditions of the SOX Act. It was found by Martin, Newman and Akhigbe that the SOXs wealth effect favored the large firms that gained benefit from an asymmetry of information. While, for the small firms it was less favorable as it involved a higher cost of compliances. There were two modes of engaging stakeholders as per Simmons and Mason. The two modes are Habermasian and Ethical Strategists. The approach of the Habermasian required the importance to be placed on ethical purity rather than cost. The approach of Ethical Strategies suggests that there should not be any differences between strategy and morality. Suggestions related to SOX legislation improvement: A suggestion to improve the SOX legislation is to remove all the interests that aroused conflicts. The SOX does not allow the audit firms to provide consulting services. This is a very good step that has been adopted because Andersen less revenue from the services and more revenue from consulting. Still there are conflicts of interests. This was reflected by the newly formed PCAOB. The appointment of the five-member group was not done by the president (Kessel M., 2011). The decision to hire and fire vested on the SEC. This led to a violation of the Separation of Powers as suggested by Sarbanes in 2008. It was felt that as PCAOB was the governments arm so it would be better if the President appointed the board members. The other ways to improve the SOX is concerns on the five-year tenure of Auditors and then a rotation. A better way of rotating was to include rotation of the entire firm. The area that has already shown an improvement is the protection of the Whistleblowers. They are been provided protection by the Whistleblowers office of SEC, reforms of The Dodd-Frank Wall Street and Consumers Protection Act of 2010. The employers can no longer make any discrimination against the whistleblower according to the law. A report can be filed by the Whistleblowers anonymously. The Dodd-Frank Act gave more provisions to the whistleblowers under the SOX Act by including the public companys employees and also the employees of the private affiliates and subsidiaries. There was an enhancement of the legislation of the Whistleblowers recently (Lahti Peterson, 2005). The US Supreme Court stated in 4th March, 2014 that the protections of the Whistleblowers were not only for the employees of the public companie s but also for the employees whose contractors are owned by private companies and employees of subcontractors of public companies (Mesa Graziano, 2003). The legislation on the whistle-blowing led to the fight against the corruption by the corporate in the United States. The other way to improve SOX was the revisions proposed in 2012 by Sarbanes that would help the companies that is private to go public. More revisions in the SOX Act must be formulated so that the costs of SOX can be borne by the small companies. References Anand, S. (2007). Essentials of Sarbanes-Oxley. Hoboken, N.J.: John Wiley Sons. Anand, S., Tarantino, A. (2010). Sarbanes Oxley in leading economies. Upper Saddle River, N.J.: Prentice Hall. Brewer, D. (2006). Security controls for Sarbanes-Oxley section 404 IT compliance. Indianapolis, IN: Wiley Pub. Garner, D., McKee, D., McKee, Y. (2008). Accounting and the global economy after Sarbanes-Oxley. Armonk, N.Y.: M.E. Sharpe. Jackson, P., Fogarty, T. (2005). Sarbanes-Oxley for nonprofits. Hoboken, N.J.: John Wiley Sons. Kaplan, R., Kiron, D. (2004). Accounting Fraud at WorldCom. Boston, MA: Harvard Business School. Karanja, E., Zaveri, J. (2014). Ramifications of the Sarbanes Oxley (SOX) Act on IT governance.International Journal Of Accounting Information Management, 22(2), 134-145. doi:10.1108/ijaim-02-2013-0017 Kessel M., K. (2011). Sarbanes-Oxley over burdens biotech companies. Lahti, C., Peterson, R. (2005). Sarbanes-Oxley. Rockland, MA: Syngress Pub. Mesa Graziano, C. (2003). Best practices of Sarbanes-Oxley implementation. Florham Park, N.J.: Financial Executives Research Foundation. NAWA, K. (2007). Sequestered science and SOX Act for scientific research. Journal Of Information Processing And Management, 50(6), 367-368. doi:10.1241/johokanri.50.367 Orin, R.M, O. (2008). Ethical guidance and constraint under the Sarbanes-Oxley Act of 2002. Sherman, W., Chambers, V. (2009). SOX as Safeguard and Signal: The Impact of The Sarbanesà ¢Ã¢â€š ¬Ã‚ Oxley Act of 2002 on US Corporations Choice to List Abroad. Multinational Business Review,17(3), 163-180. doi:10.1108/1525383x200900022Valentin Dijksman, L., Chiche, F. (2000). Worldcom. Paris: Eurostaf.

Reconciling the surplus labor with the law of value

The law of value of a commodity refers to the total number of person-hours used in order to produce a particular good or service, under the normal working conditions, with the provision of the necessary equipment or machinery. This also takes into account the work force input, the raw materials and the tear and wear of the machinery used in production. Surplus labor is also that labor that was not a necessary input in production.Advertising We will write a custom essay sample on Reconciling the surplus labor with the law of value specifically for you for only $16.05 $11/page Learn More Karl Marx argued that the amount of input in the production of goods or services should be equivalent to the amount of monetary returns. Therefore, the amount of person-hours used in production and delivery of these commodities determines the value of a good or service. Marx continues to argue that capital originated from trade with the aim of making a profit. The labor ou ght to be equally distributed, and so were the profits from the labor. Simulating this in the economy where approximately two percent of the population control about ninety-five percent of the nation’s wealth, clearly demonstrates Marx’s argument. They insisted that all employees within a company should get an equal share of the company proceeds generated monthly. This would ensure fairness and equal distribution of resources across the entire staff and, therefore, act as an incentive for everybody to work harder and together to achieve more. Marx had a profound understanding of how capitalism cripples its own societal foundation. He anticipated a change in the current economy and the way of life. His conclusion was that capitalism would push the middle class into a situation comparable to the shaky existence of the hard-pressed workers during his time. Currently, the growth and build up of fulfilling careers are no longer a focus point for the minority alone, but rath er a broader group. People have revolutionized from struggling month-to-month and living on insecure wages. They have devised a way of cushioning themselves from economic shakeups in terms of savings, owning a house and even a decent pension, which enables them to plan their lives without fear. The wealth spread across working class, and the vastness of democracy, everybody can remain middle class with contentment. The argument that labor is the sole creator of wealth was obstructed by the existing system of unequal exchanges, where the owners of the economic power and advantage appropriated part of the labor. According to Marx, the development dialectic started from man and nature where man was initially an integral part of nature.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Man being a dynamic being had the distinctive capability of struggling with and against nature of ultimately tra nsforming nature for his own purpose. The clue to the labor conditions shift lay in the successive modes of production, which was characterized by division of labor, technical forms and different forms of social relations of production between human beings and classes. This historical conception applied to a particular economic system and approached the matter form an angle of production conditions. They included ownership or nonownership of the production means, and the respective effects of these factors upon the behavior of social classes. Marx placed labor as a human, productive activity and made it the foundation of explanation for the exchange significance. Theoretically, it is hard to comprehend the Karl Max law of value since he did not take into account issues like market trends, consumer spending, fluctuating value of currency, financial securities and public finance. Several pinholes from the labor theory emerge in the regulation rule between value of goods and services s old and the cost of production in general. It attempts to identify the causes of the relationship between the law of value and economy, which only regards to labor as the actual tool of commodity value. It only involves the value obtained from the production and delivery of the goods or services including their trade value. All the same, each of Marx’s theories brings out a different dimension of the social reality of the contemporary world. There are systematic connections among the three dimensions, where domination and exploitation are interlinked. It is irrefutable, however, that a group of individuals remains privileged by both systems. The logic in this is that in the contemporary world, the inequalities seen in the economy currently suggest that there is exploitation of some individuals. The large proportion of the wealth created flows to a small, privileged group, which implies domination on the society by a small segment of the society commonly referred to as the rul ing elite. Marx described this situation as alienation, which in the contemporary society shows a growing sense of lack of value. It is true that capitalism relies on free labor and freedom of assets and a system of free exchange. The question of exploitation is, therefore, apparent in the privilege of ownership and production means, which gives the owners chance to set the wages at a level that permits the creation of profits and the laborer has no control over that.Advertising We will write a custom essay sample on Reconciling the surplus labor with the law of value specifically for you for only $16.05 $11/page Learn More This essay on Reconciling the surplus labor with the law of value was written and submitted by user Jad1el to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.