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Her hypothesis argues that a state turns into a hyperpower (a state of influence even higher than a superpower) only after it encompasses all ethnic and religious elements under an umbrella where all may co-exist in their own form without any pressure to conform. This, in her view, is the kind of democracy which would pave way for a journey inclined towards turning the state into a hyperpower. Similarly, once this diversity in terms of ethnicity or religion turns into conflict for existence and influence, the state is bound to lose its power and collapse. In order to critically analyze the hypothesis, the socio-economic scenario of the present day China would be taken as a case study and an insight into the ethnic and religious conflicts would be taken to see the deterrence behind China achieving its status of hyperpower.
Prior to applying Chua`s hypothesis on present day China, the current power struggle dynamics in China need to be analyzed. Though apparently China is rising exponentially as one of the global economic powers of the world, it is also an undeniable fact the internal dynamics in China pose a threat to the long term development goal of the state, and owing to these internal dynamics, various negative indicators emerge which lead China towards a saturation point. These very internal dynamics deter China from reaching its true potential, despite diplomatic excellence and economic dominance in the world, its position isn`t as close to being a hyper-power as it should be. Since the past 30 years or so, China has been aiming to improve its internal development indicators and its progress in terms of dealing with its domestic issues (Hao & Cho 11). Yet, it`s a given fact that even today China faces many problems at home which include poverty, class gap, inequality, corruption, social reforms, demographic challenges, ageing population and environmental
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As per the classical democratic social contract, the government’s only function in a state is policing; to ensure that no citizen is stripped off their right to engage in trade and commerce activities. Such a system prevails with an underlying assumption that every citizen will inevitably have access to all the necessities of life and that a free market will ensure this provision.
The Conflict Thesis, which is also referred to as the Warfare Thesis, the Warfare Model or the Draper-White Thesis, is a theory that suggests that religion always seem to be intrinsically and intellectually opposed to science. As the name suggests, Draper and White, two Americans laid the foundation of the Thesis, proposing that religion is incompatible to science, and what is more it actually discourages scientific discovery.
Central and Eastern Europe is dotted with small regions that are often antagonistic and are very divided and most people here are on villages united by their ethnicity and are interdependent on each other. This paints a very volatile picture since the area can erupt into civil war especially if inter-ethnic group conflicts are not resolved properly.
On the other extreme is the monopoly, a single firm in the whole industry hence there is no competition (Sloman 2007). Theoretically a perfect competition is possible but practically a perfectly competitive market does not exist. Properties of a perfectly competitive market include: 1 Consumers believe the products are homogenous 2 Firms are free to entry or exit the market 3 Buyers and sellers have perfect knowledge (buyers know the price charged by sellers and sellers know about the number of buyers in the market) 4 Minimal transaction costs- the expense of finding a buyer, in case of a seller, or vice versa for a buyer and making a trade transaction are almost negligible (Perloff 2003).
The purpose of this paper is to explain the economic efficiency of free markets with emphasis on the optimal approach of resource distribution (Mankiw, 2009:148). The paper explores the idea behind free markets and their occurrence and the economic pathology and efficiency of free markets.
Culture is at the centre of these conflicts. There is a need to find out the challenges in the field of social conformity and peace. Modernization has introduced a new platform for international peaceful resolutions between warring communities. However, it is clear that traditional ideas and values are still emotive.
Most innocent people lost their lives due to hatred developed by other people due racial inferiority, political, ideological, and behavioral grounds, among them socialists, Jehovah witness, homosexual and communists. Since 1945, horrible things happened in the world, there was mass killing of 6million European Jews by the German Nazi government in Second World War.
The minority group in the State comprised mainly of the Tamils and they were noted as a passive in nature and not fond of violence (DeVotta, 2004). Despite these favourable factors, Sri Lanka soon witnessed an ethnic conflict that is considered in the world’s history as the one of the most violent secessionist movements since WWII and “one of the world’s most intractable wars and the longest running conflicts in Asia” (Bandarage, 2009: 1).
According to the report in the hundred years before the end of Cold War there have been radical transformations from monarchy to communism to democracy, from liberal capitalism to stringent economic protectionism, and vice versa across the globe. Not only have there been numerous instances of such changes but have also oscillated from one extreme to another.