The Essential Nature of Capitalism Essay - 552 Words

The Essential Nature of Capitalism The essential nature of capitalism is social harmony through the pursuit of self-interest. Under capitalism, the individuals pursuit of his own economic self-interest simultaneously benefits the economic self-interests of all others. In allowing each individual to act unhampered by government regulations, capitalism causes wealth to be created in the most efficient manner possible which ultimately raises the standard of living, increases the economic opportunities, and makes available an ever growing supply of products for everyone. The free-market operates in such a way so that as one man creates more wealth for himself, he simultaneously creates more wealth and opportunities for everyone else,†¦show more content†¦Exploitation is inherent to the nature of socialism because individuals cannot live for their own sake, rather, they exist merely as means to whatever ends the socialist rulers -- the self-proclaimed spokesman of society, may have in mind.1 What is capitalism? Laissez faire capitalism means the complete separation of economy and state, just like the separation of church and state. Capitalism is the social system based upon private ownership of the means of production which entails a completely uncontrolled and unregulated economy where all land is privately owned. But the separation of the state and the economy is not a primary, it is only an aspect of the premise that capitalism is based upon: individual rights. Capitalism is the only politico-economic system based on the doctrine of individual rights. This means that capitalism recognizes that each and every person is the owner of his own life, and has the right to live his life in any manner he chooses as long as he does not violate the rights of others. Capitalism, economic system in which private individuals and business firms carry on the production and exchange of goods and services through a complex network of prices and markets. Although rooted in antiquity, capitalism is primarilyShow MoreRelatedEssay about Marxs Manifesto1305 Words   |  6 Pagesunderstanding of the nature of human beings and how they have constructed their historical world. Marx is considered a modernist because his views and theories fit the meaning of Modernity, which are human freedom and the right to free choice. To Marx, Capitalism is a barrier to the notion of human freedom and choice. 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Although , Capitalism is essential for us to continue progressing into a modern future; at some point in time, Capitalism lost its artlessness

Paracetamol and Rheumatic Pain Management Free Essays

Journal Article Critique HCA 220 Kayla Dye 3/3/2013 Wanda Carter This article explains what pains the elderly suffer from. Musculoskeletal pain in mentioned to be the most common. It mentions the causes being rheumatic pain, different types of arthritis, and non curable conditions such as tendonitis and bursitis. We will write a custom essay sample on Paracetamol and Rheumatic Pain Management or any similar topic only for you Order Now It states that pain management can either be treated with pharmaceuticals or non pharmaceuticals. Education of the patient of treatment is important in order to maintain good health with non pharmaceuticals. With pharmaceuticals are also offered but are mentioned to be â€Å"cost-effective† and since they contain â€Å"NSAIDs† there is less risk for harmful effects with effective relief of symptoms. Any of the pharmaceuticals that the elderly use should be used with caution because of sensitivity and drug interactions. This requires attention and adjustments of dosages to avoid risk and be beneficial at the same time. This article states there are four broad categories of treatment which include analgesics, NSAIDs, even stronger analgesics, and adjuvant drugs. With all these drugs they should be maintained efficiently throughout the period of treatment and physicians should be aware of the effects. The goals that are discussed with patients and physicians should be realistic for the pain management to be effective. They are ways to help side effects of rheumatic pain such as helping sleep disturbance, fatigue, and mood disorders. For any of this to be effective educational efforts must still be involved with the patient and healthcare professional perspectives. An accurate diagnosis for rheumatic pain management will help if the patients are realistic as this article states. These treatments should be multimodal, but pay attention to the health of the patient. The best outcome would be to have a great impact on the pain and improve their lives and with the wider range of options of treatment that can make it possible and help physicians with musculoskeletal aches and pains that occur in the elderly. Some implications that healthcare professionals could have are that pain characteristics, disability levels, and psychological factors such as depression and anxiety could affect the prognosis of musculoskeletal pain. Variables that are associated with poor outcomes for musculoskeletal pain could include the return of pain and complaints within a short time period, lack of education, use of pain medication, and even more bothersome pain occurring. There are important implications of expanded testing and treatment for musculoskeletal pain. Innovation has often outpaced clinical science, leaving uncertainty about the efficacy and safety of many common treatments. Complications and even deaths related to pain management are increasing. Despite uncertainties, manufacturers aggressively promote new drugs and devices. However, trust in the science supporting these products is eroded by revelations of misleading advertising, allegations of kickbacks to physicians,  and major investments by surgeons in the products they are investigating. Associate Level Material Medical Terminology Breakdown Break down 10 medical words from your chosen article. Place the component parts in the correct boxes. Copy and paste this template into your Week Eight paper. | Medical Word| Prefix| Combining form| Suffix| Definition| 1|   rheumatic| Rheumat/o| Rheumat/o-ic| ic| Watery flow. 2| osteoarthritis| Osteo/o | Osteo/o-arthr/o-itis| itis| A form of arthritis, occurring mainly in older persons, that is characterized by chronic degeneration of the cartilage of the joints. | 3| arthritis| Arthr/o| Anthr/o-itis| itis| Inflammation of a joint. | 4| tendinitis| Tendin/o| Tendin/o-itis| itis| Inflammation of a tendon. | 5| bursitis| Burs/o| Burs/o-itis| itis| Inflammation of a bursa. | 6| acetaminophen| A/o| a-ceto/o-min o/o-pheno/o-en| en| Analgesic drug used as an alternative to aspirin. 7| analgesic| Ana/o| Ana/o-ges-ic| ic| Pain killer| 8| musculo-skeletal| Musculo/o| Musculo/o- skelet/o-al | al| Pertaining to or comprising the skeleton and muscles. | 9| pharmacological| Pharmac/o| Pharmac/o-log/o-ic-al| al| The science of drugs, including their composition, uses, and effects. | 10| intra-articular| Intra | Intra/-articul/o-ar| ar| Within a joint. | References Fitzcharles, M. -A. , Lussier, D. , Shir, Y. (2010). Management of chronic arthritis pain in the elderly. Drugs Aging,  27(6), 471. How to cite Paracetamol and Rheumatic Pain Management, Essay examples

Higher Education Reforms in Australia

Question: Discuss about theHigher Education Reforms in Australia. Answer: Introduction The Australian governments is obliged to ensure that the level and quality of education is high in every economy. The government has mostly focused its development on the primary and secondary schools but fewer reforms have been implemented towards improving the tertiary education level. Higher education in Australia has not been obtained by many people as there are unavoidable challenges that pose discouragement (Education.gov.au, 2016). The quality of higher education is important as it determines the major skills held by those who enter the job market. The article analysis will identify a major challenge facing this education level and will identify the various policy actions the government have taken or should take to face it. Other than this paper being of importance to the policy makers. It will also be of importance to the private universities and colleges that are not regulated by the government. The government should initiate as many reforms as possible on higher education t o raise affordability and access. However, the government face challenges upon implementing these reforms as some people are not ready to accept them. For instance, students are not accepting the idea of government deregulating the higher education fees. This paper will improve the awareness to this group on why the government is taking such a policy implement. The article that will be analyzed is Fronting up to Tertiary Education Reform 2016 by Jennifer Hewett. Article Analysis The article is emphasizing on the need for reforms on the university education. According to Hewett (2016), some of the factors that may be leading to the dire need for regular improvements in education and training are; under-employment, low wage growth and globalization which is leading to automation of jobs (Zajda and Rust, 2016). Some students are taking courses which after completion they struggle a lot to get a job. Whereas the Australian government may brag of having a high quality of education, the delivery from much of the system is not as expected. She noted that university also face funding crisis because of their identity and claimed that this is where the government should focus reforms. The income level mostly determines whether a student is going to enroll to a public or a private university. Fees have been lower in the public than in private universities, however this does not guarantee a higher quality of education (Preston, 2014). In the article, it was noted that f uture jobs and countrys economic needs should be considered by institutions in the advancing of affordable and quality education and training. The tax raised by the government is not sufficient to efficiently fund the attainance of higher education. This raised the need of the government to deregulate the fees. This was by reducing the quantity of funds advanced to each student. High funding of higher education students has lowered the enrollment of students into public schools. The economic argument for this is that in comparison to the funds available for funding these students, the higher the amount per student, the lower the number of students funded. The aim of deregulation was to ensure that the number of students who receive the funding increase (Yaxley, 2016). If the funding per student is cut, more students will be able to access the funding. Hewett noted that the decision of the government committing to cut the universities funding by 20 % was not welcomed by many (Conifer, 2016). Aph.gov.au (2016) and Hare (2016) stated that cutting funding would result in student paying more than what they paid with higher fundi ng. Tanya Plibersek an opposition spokesman argued that most higher education graduates are loaded with unnecessary lifetime debts but however, costs of obtaining educations should not obstruct a bright student from accessing the best education (Hewett, 2016). It was noted however that getting improvements on education requires much more than increment or reduction in funding (Zajda and Rust, 2016). Besides the recognition of the essentiality of the collaboration between the industry and university research in improving new business opportunities growth and the commercialization of ideas, the government has put much effort towards it. The vocational education sector is also an important sector that has been given less attention whilst it the sector with the highest of those seeking higher education (Higheredstrategy.com, 2017). It adds much to the skilled workforce. In an attempt to boost enrollment in private and into registered training organizations, the government has raised the level of their funding to enable them offer various courses and make it affordable (Aph.gov.au, 2016). Recommendations Funding for higher education is a sharp reforms. Since the government is concerned on eliminating structural unemployment where job exist but those seeking to be employed dont possess the skills, it should focus not only on increasing the funding, but also to ensure the education quality is observed. The need to improve the vocational training institutions should be embraced as it has been observed to be occupied by many who are seeking to acquire various skills. The government should monitor and value all the courses offered to students to ensure that they will be marketable in future and in line with economical changes. This would help in addressing the underemployment problem. The government should increase its funding to private and vocational training institutions. It should also increase its effort on collaborating the industry with the university research as it has been considered to the growth of many new business opportunities through commercialization of ideas. Conclusion The government is concerned on the issue of availability of funds to support higher education. The amount of loan advance to the students has been very high and its still rising. With a lower funding per student the government could increase the number of students who access the loans. Vocational training institutions have been given less attention whereas this is the sector that natures the most skilled laborers. Some learning institutions offer some courses that are of less demand in the market and not in line with the economic changes. The funding by government has been mainly on public universities and lower in private universities and non to the vocational training institutions. Well this is argued to change in order to increase the attainance of higher education. References Aph.gov.au. (2016). Reform of the higher education demand driven system (revised) Parliament of Australia. [Online] Available at: https://www.aph.gov.au/about_parliament/parliamentary_departments/parliamentary_library/pubs/rp/budgetreview201415/higheredu [Accessed 25 Apr. 2017]. Conifer, D. (2016). Budget 2016: University fee deregulation scrapped but universities still facing big cuts. [Online] ABC News. Available at: https://www.abc.net.au/news/2016-05-03/morrison-abandons-uni-fee-deregulation/7380564 [Accessed 25 Apr. 2017]. Education.gov.au. (2016). Consultation on the future of higher education reform | Department of Education and Training. [Online] Available at: https://www.education.gov.au/news/consultation-future-higher-education-reform [Accessed 25 Apr. 2017]. Hare, J. (2016). Higher university fees loom for students. [Online] Theaustralian.com.au. Available at: https://www.theaustralian.com.au/national-affairs/education/higher-university-fees-loom-for-students/news-story/41074ea0907fca991b2f21306216d529 [Accessed 25 Apr. 2017]. Hewett, J. (2016). Trying again on education reform. [Online] Financial Review. Available at: https://www.afr.com/opinion/columnists/fronting-up-to-tertiary-education-reform-20161116-gsqshs [Accessed 25 Apr. 2017]. Higheredstrategy.com. (2017). The Monash-Warwick Alliance. [Online] Available at: https://higheredstrategy.com/category/international/page/6/ [Accessed 25 Apr. 2017]. Preston, B. (2014). State school kids do better at uni. [Online] The Conversation. Available at: https://theconversation.com/state-school-kids-do-better-at-uni-29155 [Accessed 24 Apr. 2017]. Yaxley, L. (2016). Government committed to university funding cuts. [Online] ABC News. Available at: https://www.abc.net.au/news/2016-04-05/government-committed-to-university-funding-cuts/7299508 [Accessed 25 Apr. 2017]. Zajda, J. and Rust, V. (2016). Globalisation and Higher Education Reforms. 1st ed. Switzerland: Springer.