- Applying the 14th amendment to business corporations meant that they were given legal personhood. This is problematic as corporations have gone on to gain more rights and privileges than human citizens have gained. This makes it difficult to make corporations accountable and act responsibly.
- As Eisenhower famously mentioned, the existence of Military-Industrial complex is undeniable. This means that public policy, especially the decision to go to war, is dictated by corporate interests. It is a well known fact that companies allied to the energy industry (Halliburton, Chevron-Texaco, etc) and weapons industry (Lockheed-martin, Boeing, etc) greatly benefited from American invasion of Iraq in 2003.
- The purpose of any business corporation is to make regular profits. But sadly, this single-minded objective often leads to the neglect of the environment and other external costs – (both social and economic).
- An externality is the . . . Read More Continue Reading
The concept of political obligation and related notions of fairness, justice and natural duty is a fascinating field of inquiry that lends itself to new and ever more complex perspectives on the world of politics. It is now studied under political science, but was previously dealt with by institutions and academies of law, ethics and philosophy. In this regard, it is fair to say that the ideas of Immanuel Kant, Jeremy Waldron and John Rawls comprise the origins of this field of inquiry. The growing stature and relevance of the subject to the present times is reflected in the rapidly growing body of literature pertaining to it (Buchanan, 2004). Coming to the topic question, the ideas of the aforementioned intellectuals as well as contemporary thinkers on the subject are drawn upon in answering it. The group of contemporary thinkers on the subject include Christopher Wellman, David Lefkowitz, Craig Carr, George Klosko and Allen Buchanan.
To begin with, let us now consider John . . . Read MoreContinue Reading
The phenomenon of globalization is as old as organized commerce. In its early days, the wealth generated by globalization was limited to a small elite community. But as modes of transport, communication and remote business organization advanced it has led to sustained living standard improvements in many industrial societies. This has happened to the extent that these days the word globalization has become synonymous with efficiency, economic opportunity and overall human security. While such developments are partially true there is also another side to the story. While the advanced nations of hemispheric West have had benign consequences as a result of globalization, key human development parameters of most Third World countries have fallen proportionately. Hence, it is difficult to present a blanket view of the impact of globalization on public health. In light of this fact, this essay will attempt to attain a nuanced understanding of globalization’s overall effect on public . . . Read MoreContinue Reading
Yes, the foreign policy of the United States has been predominantly concerned with the balance of power with USSR from 1945 to 1991. The rest of this essay will present facts and arguments in support of this assertion.
Right through its history, America has not hesitated to use force under the pretexts of principles, sovereignty and justice. American military intervention in world affairs has risen drastically since the end of the Second World War. The period following the Second World War saw America assume the role of a . . . Read MoreContinue Reading
Many believe Ronald Reagan alone didn’t win the Cold War but say that his policy of peace through strength was most critical in addition to his superb leadership. The Soviet Union collapsed of its own weight, but Reagan’s initiatives accelerated their fall. Reagan described the Soviet Union as an evil empire. With the scare of the Soviets nuclear weapons, Reagan developed the “Star Wars” program which forced the Soviets into an expensive . . . Read MoreContinue Reading