A Debate of Economics Between Bentham and Aristotle
With all the many issues facing our country today it is difficult to pin down exactly what the biggest issue is, so instead of picking the biggest issue I decided to pick the issue that has affected people the most in this country as well as other countries which would be economics. When it comes to economics the biggest issue facing our country is that we no longer produce what we need to keep up with our economic system, so what if the philosophers that created the ideas and basic principles so long ago were around now, and furthermore, what if they were running for the two thousand sixteen presidential election? In the following I will present a debate between the famous philosophers Bentham and Aristotle in regards to the current economic system.
Moderator:
First question of the debate: How would you, as US president restore the production of goods to improve our economic system?
Aristotle 's Response
As someone who believes in economic equality I believe that economic scarcity is an inevitable aspect of human nature that being said, the action we must take as a country to improve is looking at economic actions as a opportunity to use goods only as an essential for life. To conclude my answer to this question I believe that as long as goods and services are used to have helpful uses to people it is essential to our economy because if we are putting money into goods that are useless it 's a waste of money, and
Economically there are many challenges we face as a country with our current fiscal policies. Since the 2008 financial crisis, there have been many debates in regards to how we should go about managing our financial system. Unfortunately, we as team believe that in order for us to stabilize our nation financial issues we are going to have to make restrictions in certain channels, which might affecting our way of life. One area needing attention is government spending and how it has to be reduced, and this would have a ripple effect in certain areas. Our elected officials will have to come to a compromise and determine which sectors are costly and can be reduced.
How would you change the Tax code? Balance the Budget? Pay down the US debt?
Locke and Aristotle differ when it comes to their views on property. Locke tends to have more of a focus on individualism and property ownership. He claims it is valid for the land to be divided disproportionately based on how hard each individual wants to labor. On the other hand, Aristotle concentrated on the community as a whole rather than the individual. Therefore, Aristotle believes that land is given proportionality to the entire community. Additionally, the two philosophers disagree when it comes to building up the value of land. For Locke, the amount of labor fulfilled drastically increases the value of land by a great margin. Locke maintains that a piece of property’s worth is generated through labor, meaning, the more work one does
ANSWER KEY Chapter 1 Chapter 1–1 II.D. the accumulation of those economic products that are tangible, scarce, useful, and transferable 1. scarcity of resources, which results from society not III.A. the market having enough resources to produce all of the things people would like to have III.B. the markets in which productive resources are bought and sold 2. A need is a basic requirement for survival and III.C. in product markets IV.A. the amount of output produced by a given amount of inputs in a specific period of time
1. Law enforcement agencies seek for lawbreakers to create problems in which they are fined for crimes they have committed. They want this to happen in order to create fines for these criminals in order for the agencies to make a certain amount of revenue from the fines that the lawbreakers pay as a consequence of their actions. Some laws that law enforcement agencies set up in order to create this type of revenue off of lawbreakers include speeding tickets. The action of speeding can cause more good than harm because of the amount of revenue that speeding tickets can produce, compared to the amount of speeding related automobile accidents that people who
The important subjects of the modern sciences would not be taught to people around the world today, and there would be a lot less people with the knowledge to make the world the better place it is
Scarcity shows us the basic economic problem, where humans have unlimited wants, yet there are only finite amount of resources. Therefore, there are not enough resources to fulfill these unlimited needs. One real world example of a scarce resource is coal. Coal is a resource used for fossil fuel and is a combustible rock. Coal is used for “electricity generation, steel production, cement manufacturing and as a liquid fuel”. As you can see there are many uses for coal, thus there will be companies needing as much coal as they can get, however there is only a finite amount for everyone, therefore it must be allocated correctly in order to satisfy those needing coal for self interest and their own objectives.
For the economy, I want to strengthen our economy by creating jobs for American workers by ending tax loopholes for corporations. Providing tax cuts to small businesses and investing in a clean-energy economy, while putting Americans to work will rebuild our infrastructure. I would start by providing stimulus for the economy by giving everyone money to spend. When everyone gets the money back, they will simply spend it on products that will put the money back into the economy and jump start the economy and production. I am against waivers for private colleges because it does not work for the less fortunate part of the economy that cannot afford a way of transportation, for their child to get to the private school. The economy needs to cut taxes on small businesses so that those small businesses can grow and growth is what America needs. Part of the way I wish to see America grow is by increasing to our military and keeping us safe, because if we do not insure our safety and security than our efforts to rebuild our economy would have been for nothing.
First thing we would have to do would be to get rid of the corruption, this could be by impeaching the president for trying to eliminate certain amendments or possibly by having people do their own work. The next thing we would have to do would be to tone down on our media, we cannot be constantly bashing on other countries. And next would be to make people who are on welfare who can actually work work, and to get welfare you have to do a mandatory drug test. And lastly we need to pay more attention to bullying and stop
Then raise the tax on alcohol and tobacco. Then do some refinancing of governments spending. With all the money that this creates setup cheep but nice government housing, government grocery stores and government clothing stores. Then setup a job-training program, like the ones the Obama administration is already doing, that gives poor people government jobs. Also send the best teachers to the ghetto schools. These programs will not work unless the poor work to get out of there citations. By taking all of those steps, the people whom don’t know what to do with poverty in the United States will see how this country still have some chance to grow out of
First of all I would like to thank Professor Lamb for creating a safe environment to speak openly about our own experiences about drugs and alcohol. Once upon consulting my field instructor earlier this semester, she had posed the question… “Are you just sitting in it?” The “it” referring to my anxieties since my father is an addict. As I reflect on this semester, I believe there were a few times that I was “just sitting in it,” but as I heard some colleagues open-up it instilled a sense of courage and relief that I was not alone. I appreciate that you, Professor Lamb, created a safe and non-judgmental space to share our thoughts, feelings, comments, questions, etc. Thank you for giving us assignments that were not just “busy work” and that challenged us to get comfortable with the uncomfortable.
At the end of each NFL season data is gathered to determine who the best overall players in the NFL are. The data gathering is done by a group named Pro Football Focus. The data is categorized by grading, statistics, and schematic context. The NFL is blossoming with new stars and still retains the presence of many present day "legends" of the game. In honor of the upcoming 2017 NFL season
Faith and love are integral parts of the King community and Christianity in general. Social justice is a product sparked by the combustion of these two elements. Sitting in my Zimbabwean primary school, I learned about the history of South Africa and apartheid; these laws left South Africa covered with dark clouds. However, a light shines its brightest in darkness, so as my teacher revealed the extraordinary life of Archbishop Desmond Tutu, I felt inspired and saw the good in the world.
Aristotle and St. Augustine both wrote philosophical works in order to teach us something that they have learned, in hopes that we will apply it to our own lives. However, Augustine uses a type of autobiographical style in addition to treatise in his works, while Aristotle only uses the treatise style in his works.What were they both thinking when they were writing these famous works? Did they use their respective styles to achieve a goal?
Scarcity is the condition in which human needs are everlastingly more noteworthy than the accessible supply of time, products, and assets.