Media Journal of Politics - Article Example

Media Journal Name: Institution: Date: The Political Philosophy of Neo-Liberalism Amol Acharya (October 3rd, 2013). Debating Paths: Development, Republica, retrived fromhttp://www.myrepublica.com/portal/index.php?action=news_details&news_id=62484 This article looks at the route of development that Nepal has stuck to since its opening in the 1950s. The author explains that Nepal did not have a philosophy of development and just followed others. He points out that neo-liberalism, basic needs and modernizations are the distinct factors that contributed to development of Nepal after the Second World War. It is a fact that Nepal engaged in changing its approach to development for the specific reason of getting aid for the West without thinking about the consequences of following blindly. This is the tragedy that countries in the third world have to content with when they face pressure to implement some policies dictated by developed Western countries (Báez, 2004). There is need of adopting a philosophy of neo-liberalism that is understood locally. The importance of neo-liberalism as the development philosophy for Nepal is undisputed. Even supporters of communism in Nepal have come to embrace neo-liberalism. However, neo-liberalism does not come without its own measure of challenges (Stuart, 2011). Increase in environmental degradation and the economic meltdown that was witnessed in 2008 are some of the challenges that came with neo-liberalism. Neo-liberalism has led to unbalanced development resulting in huge disparities between the rich and the poor. Neo-liberalism does not translate to instance wealth as it has been viewed in some neo-liberalism settings. Income disparity is evident in the US, Hong Kong, and Singapore. Adopting neo-liberalism does not mean even creation of wealth. Consequently, Nepal has to be very careful in adopting policies of neo-liberalism in its own context. Environmental sustainability and healthy economic growth has to be considered when adopting neo-liberalism. A lot of time has been used to ape what other people are doing without considering the environment and context that the countries’ locality. Adopting old policies that have been applied long time age in Nepal would not solve the current problems. The author of the article condemns the blanket adoption of Western philosophies without considering the effects on the environment and the natural cycle. He argues that Nepal should evaluate development challenges facing the West and amass knowledge from the mistakes that have been done. References Stuart Hall. (September 12, 2011). The march of the neoliberals, The Guardian, retrieved from: http://www.theguardian.com/politics/2011/sep/12/march-of-the-neoliberals Báez, A.C. (2004). State Resistance to Globalization in Cuba, London: Pluto Press, 264 pp. Wilson, M. (2013). Everyday Moral Economies: Food, Politics and Scale in Cuba, New York: John Wiley & Sons.   The rise of China Natalie T. (November 5th 2013). China exports seen rebounding in October, Reuters, retrieved from http://www.reuters.com/article/2013/11/05/us-china-economy-export-idUSBRE9A409T20131105 This article discusses the stability of China’s economy in the wake of some uncharacteristic trend witnessed previously. The forecast showing the rebound of exports in October emphasized the observation by the government that the economy had regained amidst plans of overhauling the economy. Industrial and investment outputs went down while information, money supply and retail sales edged up. China leaders hold that that the economy will stabilize rather than grow as they prepare a third plenary session of the Communist Party. The leaders are expected to unveil plans that will change the economy from being driven by investment and credit to that is consumer driven. Restructuring reforms is expected since they growth target is not hard to meet. Reforms have led to a transition in the Chinese economy (Cai, 2010). Analysts look forward to the economy slowing in December since it exhibited its quickest growth pace in the year from July to September. This has brought about by global uncertainties as well as reform push. The uncertainties were realized in the surprise fall of 0.3 of the annual exports in September attributed partly to stuttering demand Southeast Asian trading partners of China. Since it began opening up and reforming its economy in 1978, China annual GDP has averaged at 9.4% which is one of the highest in the entire world (Bijian, 2005). The uncertainties in the economy are thought to be short-lived. The exports are forecast to bounce back with a margin growth of 3.2% in October as compared to a year earlier. Trade surplus is also expected to increase. The growth target for the country in 2013 of 7.5% was still intact. There will be a fall in loans as the country tries to control credit to avoid quick loan growth. This is of the efforts that the government is making towards overhauling the economy to be consumer driven. The central bank is expected to shift the monetary stance to a position that is more neutral. Policies that will not consider the players or stakeholders in the market will lead to slow growth in the economy. Rise in inflation will make policymakers to be cautious so as not to worsen the rise in the cost of living (Davis, Orlik & Burkitt, 2013). References Bijian, Z. (2005). China’s ‘Peaceful Rise’ to Great-Power Status,  Foreign Affairs 84 (5): 22. Davis, B., Orlik, T., & Burkitt, L. (September 18th, 2013) Doubts rise as China touts upturn, The Wall Street Journal, Cai, F. (2010). Transforming the Chinese Economy, New York: BRILL. The Global Financial Crisis and Its Aftermath Dickson, Amy. (January 16, 2009). Facing financial crisis with faith, Chicago Tribune, retrieved from: http://articles.chicagotribune.com/2009-01-16/entertainment/0901150594_1_financial-crisis-wedding-invitation-ceremony This article comprises of questions from readers and answers from an expert called Amy. The questions are related to the aftermath of financial crisis that was witnesses almost global in 2008. In the first case, the wife complains that the husband is determined to drag them into more financial distress. They lost their home to foreclosure and the husband does not listen to the advice of the wife. This article shows the effects of the global financial crisis and its aftermath to individual homes. It shows the divisions that witnessed in homes following the global financial crisis. The husband does not want to give up on handling the family finances (Read, 2009). The global financial crisis threatened to collapse big financial institutions, downturns in stock markets in the world, and the bailout of by banks by governments. The housing market greatly suffered occasioning foreclosures, evictions, and increase in unemployment (Pezzuto, 2013). . The wife wants to be debt free but the husband wants to create more debts. The husband is advised not to use the information he finds in newspapers to make financial decisions. The financial crisis affected many families and this household cannot be an exception. Spiritual leaders content that debt is an important spiritual issue. Being in debt incapacitate many families from growing. The second case involves a daughter whose mother is looking forward to her third wedding. She is torn between inviting only family members for the reception since the parents have a wider circle of friends. The reception has to be smaller just for family. The expert advises that it is hard to invite people for the wedding ceremony without involving them in the reception. The expert advises that they should have a scaled down reception at the venue of the ceremony. Many people will not have a ceremony without a reception. Many families are concerned about spending following the financial crisis that hit the world. The two cases show what families are grappling with as they try to deal with the effects of the global financial crisis. The down turn in the economic activity led to the global recessions and occasioning the European debt crisis. The housing bubble in the US led to the plummeting of real estate pricing (Fried, 2012). References Read, C. (2009). Global financial meltdown: how we can avoid the next economic crisis, New York: Palgrave Macmillan. Pezzuto, I. (2013). Predictable and Avoidable: Repairing Economic Dislocation and Preventing the Recurrence of Crisis, Gower Pub Co. Fried, J. (2012). Who Really Drove the Economy into the Ditch? New York, NY: Algora Publishing. Globalization and the Environment Ghemawat, P. (May 25th, 2012). Globalization plays a bit part in Environmental Issues, Bloomberg Business Week, retrieved from http://www.businessweek.com/news/2012-05-25/globalization-plays-a-bit-part-in-environmental-issues This article discusses the externalities that come with increased trade as a result of globalization. It is not possible that prices do not comprise of all benefits and costs for all people affected by a transaction. Externalities are either negative or positive. The major impact of globalization on the environment is the improvement in the use and awareness of resources and more research is being done to come up with greener technology. Globalization has enhanced the use of resources and protecting the environment (Jones, 2010). Most prevalent externalities are related to negative effects on the environment. Globalization has its hazards on the environment that cannot be easily comprehended. Cross-border integration can result into a dirty environment and assist in cleaning up. There are increased efforts to reduce carbon emissions as a result of cross-border trade. People are lobbying for locally manufactured or grown products. Consumer expectations and demands have changed over time. The problem of environment degradation is a global problem (Sorrells, 2012).  Keeping with the current demands devoid of cross-border trade will affect more negative effect to the environment than positive. Tesco chain supermarket in the UK banned the import of rose from Kenya so as to cut down on carbon emission. The greenhouse effect is the result of global warming. Global warming is the result of carbon dioxide levels rising within the atmosphere in the Earth. Both climate change and atmospheric carbon dioxide are accelerating. Greenhouse gases and carbon dioxide have to be stabilized (Bridges, 2002). Dutch roses emitted six times in terms of greenhouse gases since they were grown in greenhouses. The emissions by international transport cannot be contemplated since most merchandise travel by sea. Carbon emissions of 2-3% are caused by international shipping. Travelling by plan also causes carbon emissions. The domestic cause of carbon emissions is much more as compared to the results of international cross-border trade. Differences in implementation of environmental rules will lead to different consumptions of energy and carbon emissions. The effects of globalization on the environment do not surpass the consequences of local production. Consequently local based remedies have to be found for environmental conservation. References Sorrells, K. (2012). Intercultural Communication Globalization and Social Justice. Thousand Oaks: Sage Pubs. Jones, A. (2010) Globalization. Key Thinkers. Cambridge: Polity Press, John Wiley & Sons Bridges, G. (2002). Grounding Globalization: The Prospects and Perils of Linking Economic Processes of Globalization to Environmental Outcomes, Economic Geography 78 (3): 361–386 International law and transnational crime NationalNews.com (May 8th, 2011). Transnational crime threatens region, National News, Barbados, retrieved from http://www.nationnews.com/articles/view/transnational-crime-threatens-region/ This articles points out the threat of transnational crime in Miami that threatens to destabilize the entire region. The leader of the United States Southern Command says that transnational crime organizations threaten security in the region. Transnational crime spreads outside national jurisdiction. The term was first applied in the 1970s when the United Nations used it to label criminal activities that went beyond national borders (Boister, 2003). The General observe that apart from drug trafficking, criminal gangs also take part in human trafficking, arms smuggling, and bulk cash flows across national boundaries. The southern command has specialized on monitoring and detecting the drugs transport in the Caribbean and plans to integrate regional military partners. Fighting the drug cartels requires participation of the neighboring countries. Fighting economic disruptions and drug trafficking is impacting negatively on the society. Violence has led to slow growth of the economy of the region. Organized crime threatens human security and peace, violates human rights and results in the undermining of social, economic, cultural, civil and political development of societies globally (Stoecker & Shelley, 2005). 35 thousand deaths have been linked to criminal gangs in the past five years in Mexico. Many homicides have occurred in Central America. This is regarded as a deadly zone in the world besides Afghanistan and Iraq. The United States is spending a lot of resources to fight crimes in this region. Following the limits on the practice of extraterritorial enforcement jurisdiction, states have no option but to cooperate in trying to combat transnational crime. Drug trafficking is a lucrative and wide spread organized crime in the United States, accounting for about forty percent of the organized crime in the country and realizing an income of $110 billion (CarrieLyn, 2000). Organized crime exploits human mobility in smuggling migrants and undermining financial systems through money laundering. Many individuals lose their lives in the hands of criminals who take part in organized crime. Mechanisms have to be developed to deal with transnational crime. Interpol has to be incorporated in the combat of transnational crime. The transnational form of organized crime sees criminal networks forging bonds across national borders as well as transcending linguistic and cultural differences to occasion crime. Organized crime is not static and adapts new ways and criminal networks mutate. References CarrieLyn D.G. (2000). International Legal Mechanisms for Combating Transnational Organized Crime: The Need for a Multilateral Convention, Berkeley Journal of International Law 18 (1): 1-49.  Boister, N. (2003). Transnational Criminal Law? European Journal of International Law 14: 953, 967–77 Stoecker, S.W., & Shelley, L.I. (2005). Human Traffic and Transnational Crime: Eurasian and American Perspectives, New York: Rowman & Littlefield. References Stuart Hall. (September 12, 2011). The march of the neoliberals, The Guardian, retrieved from: http://www.theguardian.com/politics/2011/sep/12/march-of-the-neoliberals Báez, A.C. (2004). State Resistance to Globalization in Cuba, London: Pluto Press, 264 pp. Wilson, M. (2013). Everyday Moral Economies: Food, Politics and Scale in Cuba, New York: John Wiley & Sons. CarrieLyn D.G. (2000). International Legal Mechanisms for Combating Transnational Organized Crime: The Need for a Multilateral Convention, Berkeley Journal of International Law 18 (1): 1-49.  Boister, N. (2003). Transnational Criminal Law? European Journal of International Law 14: 953, 967–77 Stoecker, S.W., & Shelley, L.I. (2005). Human Traffic and Transnational Crime: Eurasian and American Perspectives, New York: Rowman & Littlefield. Sorrells, K. (2012). Intercultural Communication Globalization and Social Justice. Thousand Oaks: Sage Pubs. Jones, A. (2010) Globalization. Key Thinkers. Cambridge: Polity Press, John Wiley & Sons Bridges, G. (2002). Grounding Globalization: The Prospects and Perils of Linking Economic Processes of Globalization to Environmental Outcomes, Economic Geography 78 (3): 361–386 Read, C. (2009). Global financial meltdown: how we can avoid the next economic crisis, New York: Palgrave Macmillan. Pezzuto, I. (2013). Predictable and Avoidable: Repairing Economic Dislocation and Preventing the Recurrence of Crisis, Gower Pub Co. Fried, J. (2012). Who Really Drove the Economy into the Ditch? New York, NY: Algora Publishing. Bijian, Z. (2005). China’s ‘Peaceful Rise’ to Great-Power Status,  Foreign Affairs 84 (5): 22. Davis, B., Orlik, T., & Burkitt, L. (September 18th, 2013) Doubts rise as China touts upturn, The Wall Street Journal, Cai, F. (2010). Transforming the Chinese Economy, New York: BRILL. Read More

The exports are forecast to bounce back with a margin growth of 3.2% in October as compared to a year earlier. Trade surplus is also expected to increase. The growth target for the country in 2013 of 7.5% was still intact. There will be a fall in loans as the country tries to control credit to avoid quick loan growth. This is of the efforts that the government is making towards overhauling the economy to be consumer driven. The central bank is expected to shift the monetary stance to a position that is more neutral.

Policies that will not consider the players or stakeholders in the market will lead to slow growth in the economy. Rise in inflation will make policymakers to be cautious so as not to worsen the rise in the cost of living (Davis, Orlik & Burkitt, 2013). References Bijian, Z. (2005). China’s ‘Peaceful Rise’ to Great-Power Status,  Foreign Affairs 84 (5): 22. Davis, B., Orlik, T., & Burkitt, L. (September 18th, 2013) Doubts rise as China touts upturn, The Wall Street Journal, Cai, F. (2010). Transforming the Chinese Economy, New York: BRILL.

The Global Financial Crisis and Its Aftermath Dickson, Amy. (January 16, 2009). Facing financial crisis with faith, Chicago Tribune, retrieved from: http://articles.chicagotribune.com/2009-01-16/entertainment/0901150594_1_financial-crisis-wedding-invitation-ceremony This article comprises of questions from readers and answers from an expert called Amy. The questions are related to the aftermath of financial crisis that was witnesses almost global in 2008. In the first case, the wife complains that the husband is determined to drag them into more financial distress.

They lost their home to foreclosure and the husband does not listen to the advice of the wife. This article shows the effects of the global financial crisis and its aftermath to individual homes. It shows the divisions that witnessed in homes following the global financial crisis. The husband does not want to give up on handling the family finances (Read, 2009). The global financial crisis threatened to collapse big financial institutions, downturns in stock markets in the world, and the bailout of by banks by governments.

The housing market greatly suffered occasioning foreclosures, evictions, and increase in unemployment (Pezzuto, 2013). . The wife wants to be debt free but the husband wants to create more debts. The husband is advised not to use the information he finds in newspapers to make financial decisions. The financial crisis affected many families and this household cannot be an exception. Spiritual leaders content that debt is an important spiritual issue. Being in debt incapacitate many families from growing.

The second case involves a daughter whose mother is looking forward to her third wedding. She is torn between inviting only family members for the reception since the parents have a wider circle of friends. The reception has to be smaller just for family. The expert advises that it is hard to invite people for the wedding ceremony without involving them in the reception. The expert advises that they should have a scaled down reception at the venue of the ceremony. Many people will not have a ceremony without a reception.

Many families are concerned about spending following the financial crisis that hit the world. The two cases show what families are grappling with as they try to deal with the effects of the global financial crisis. The down turn in the economic activity led to the global recessions and occasioning the European debt crisis. The housing bubble in the US led to the plummeting of real estate pricing (Fried, 2012). References Read, C. (2009). Global financial meltdown: how we can avoid the next economic crisis, New York: Palgrave Macmillan.

Pezzuto, I. (2013). Predictable and Avoidable: Repairing Economic Dislocation and Preventing the Recurrence of Crisis, Gower Pub Co. Fried, J. (2012). Who Really Drove the Economy into the Ditch? New York, NY: Algora Publishing. Globalization and the Environment Ghemawat, P.

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