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Wednesday, October 31, 2012

Mikhail Gorbachev

That is, founder-philosopher Karl Marx was writing around the situation in mid-19th Century Germany and England. These were quickly urbanizing nations. In each an agrarian economy was transforming itself into an industrialized economy dependent upon, and exploiting, a large population of workers (the proletariat), skilled and unskilled alike. Once Vladimir Lenin pushed communism onto the former Russian empire inside the middle of Globe War I, the large geographic regions encompassed had been hardly out from the Middle Ages in terms of economic development. The Soviet Union was founded on an agrarian basis; there was no proletariat nor industrialized economy from which to go forward of the next tenets of Marxist philosophy (Smith & Evans, 1982, pp. 6-30).

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Starting out with that strike against it, it needs to be noted that in the early days communism had several attractive qualities to supply the new nation. Though "capitalist industrialists" hardly existed within the region, the czarist aristocracy had done a very good career of exploiting the population for centuries - having a web result getting that the economy, never really strong, was totally shattered by the Russian empire's involvement in World War I. The early days from the Soviet Union saw a massive work at restructuring and modernization aimed at pulling the country to the 20th Century. It was, perhaps, an effort doomed during the start. Major sections of Central Asia and the Russian steppes, not to mention the Caucasus Mountain r "Leadership" - within the former Soviet Union and also the current independent Republic of Russia - is a term that has only recently taken on a comparative meaning. Before the helmsmanship of Nikita Khrushchev (1953-64), the nation was led by the institution in the Czarist empire (died 1917), then by the "cults of personality" centered close to Vladimir Lenin and Josef Stalin ending in 1953 (Heller & Nekrich, 1986, pp. 733-757).

From the former case, imperial leadership was primarily exercised via bureaucratic momentum (or non-momentum as Globe War I disastrously proved). Because that era, after the brief establishing rule of Lenin was succeeded by the 27-year dictatorship of Stalin, leadership inside Soviet Union was reduced towards the level of very own fiat. Policy dialogue with other national leaders, permit alone political debate, was most really not a consideration. From Khrushchev through the Leonid Brezhnev years, the high quality of leadership in Moscow returned to the bureaucratic juggernaut of the imperial era - of the same strangling results.

The position of General Secretary on the Communist Party - and from that position, rule more than the U.S.S.R. - that Mikhail Gorbachev inherited in 1985 was the central organ of a power entity mired within the bog of inertia (Loory & Imse, pp. 182-184). Smith, D., & Evans, P. (1982). Marx's Kapital for beginners. New York: Pantheon Books. Initially, although nonetheless Mayor of Moscow, Boris Yeltsin was one on the "reformers" Gorbachev brought in to strengthen his hand in institutional battles with Party hardliners. It is argued by supporters of Yeltsin that his first advice for reform were well inside Gorbachev's possibilities for enactment - but that he was sacrificed, expelled within the center of Party power circles by Gorbachev as a concession to pressure from those people exact same hardliners Yeltsin and others of his ilk have been brought in to contest.

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Monday, October 29, 2012

Merck's Case Ethical

The government may well take in a lesson from other industries and impose cost controls or regulations on some drugs, for example individuals which directly save lives. Similar regulations are applied inside the telephone industry, where low-income persons can receive basic telephone support since it is deemed a necessity. Electric utilities, which have recently been deregulated, also have programs in place by which low-income buyers receive lower rates.

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2. Medical providers now, over ever, are faced with using expensive technology to save and extend lives. If a patient cannot afford an organ transplant, but requirements a single to survive, need to society buy it? Or is it the responsibility of personalized hospitals to offer some charity to patients? Must the patient be denied care? This can be the exact same question that needs to be asked on the drug corporations. There is a significant price associated with developing and bringing a drug to industry even as soon as can be only a small marketplace for the drug. Merck is becoming criticized for acquiring elevated its costs on its most well-known drugs at a rate which exceeded inflation, but the fact that its overall average was in keeping with inflation implies that less well-known drugs, which even now have a high development cost, did not see the same cost increases.

 

It can also be not unethical for the founders of Snapple to get sold their shares during the company (a majority from the stockholders had for getting approved the sale in any case); as stated above, they may have been owning the highest cost for your company, which was within the greatest interest of their shareholders as a group. In addition, the capitalist technique benefits people who take the first risks having a company, and individuals are the founders with the company.

For example, an employee may not be fired for participating in union activities, nor can employers fire an employee since in the employee's race, religion or gender. In addition, employees may possibly have legal recourse if their dismissal violates the concept of great faith and fair dealing, which says that an employer must act in great faith with its employees. Breach of contract, even once the contract just isn't in writing, may also supply some relief to employees. Employees may also have recourse if their former employer defames them during or after the dismissal.

5. The Merck-Medco merger illustrates the value of maintaining a different business portfolio after a company's main firm (drugs, in Merck's case) includes a high price structure. By eliminating the intermediary among the drug manufacturer and the consumer, Merck was able to realize elevated profits. A marketplace economist would argue that cost controls are not required due to the fact the drug companies will continue to discover ways to increase their profits with no necessarily increasing prices.

4. Merck and other pharmaceutical corporations would be well recommended to agree to cost controls due to the fact they're likely to be able to assist shape the type in the controls if they work with the government. If they continue to fight cost controls, there are going to be an adversarial relationship when the controls are finally established and the businesses may well find themselves penalized for their actions. By agreeing to price controls.

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Friday, October 26, 2012

GE Commercial Finance in U.S

Intentia International develops and also marketplaces venture source preparing (ERP) computer software package for midsized-to-large organizations throughout market segments which include the style industry, food and also drink, auto, production, as well as retail market sectors. Intentia are operating in 45 nations around the world and serves over 3,400 client online webonline webpages . The actual technique underlying the deal, therefore, will be complete acquisition. The particular monetary framework of the Lawson acquisition of Intentia involves and all-stock funding of the acquisition.

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Every Intentia frequent fairness discuss (Series W) will get 0.4519 reveal regarding Lawson common stock. The total worth of the purchase is US$480 million (Lawson Software, Inc., 2005). The post-acquisition economic framework of the company is as comes after: Assets: US$464 zillion - Liabilities: US$235 million = Equity: People$ $229 zillion. Brand fresh Century Monetary Company provides sub-prime home mortgages primarily with regard to single-family homes. The actual wholesale department (comprising 92 % of revenues) comes and also buys financial products via a system of 21,600 impartial lenders.

The actual retail department (accounting for eight-percent regarding profits) marketplaces financial lending options directly to men and women by means of 72 part offices. Brand fresh Century sells many of its home loans withinside swimming private regularly associated with financial lending options to organisation buyers. The worthiness of the acquisition of Red blood cell Bank simply by simply Brand-completely innovative Century Economic Corporation is actually US$109 zillion.

The sale will probably be for cash between New Millennium financial Company as well as RBC Funds Inc.; nonetheless, Brand fresh Hundred years Economic Firm will certainly generate to invest in the purchase with the issue associated with long-run notes. The particular requirement is always that Brand-completely innovative Century Financial Company earnings for each reveal for the 1st total fiscal year subsequent to the purchase regarding Rbc Bank will increase from US$8.29 per share ('04) to US$9.30 (2006), since 12.2 % increase.

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Thursday, October 25, 2012

Xerox Company the Change of Management

Another technique applied early to respond towards the competitive crisis was a joint union/management initiative named Quality of Jobs Life, an employee involvement strategy produced in imitation of Japanese quality circle concepts. Under this process, Xerox employees participated in influencing their jobs activities and work life, and at first this was centered on the manufacturing work force. A quality circle is defined as a modest work team designed within the voluntary participation of members of a natural jobs group inside a structured program of training, communication, and issue solving. Inherent within the use of quality circles will be the belief by management that there is importance in employee contributions, and this in turn fosters a sense of self-worth within the employee that is beneficial for your company being a whole. The work team notion is as a result a thought of empowerment as well as innovation. Patchin states that a high quality circle is really a group of five to ten those who work together all the time. A high quality circle is not the exact same as a task force. Members on the circle meet on a voluntary basis to identify and solve difficulties in their department and to retain those departments more productive.

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Downsizing was observed to become necessary, which was a major shift from the corporate culture not merely for Xerox but also for other Fortune 500 companies.

More organizations these days are searching for new methods of coping with issues of human resource management, just as did Xerox. Innovation is also encouraged by sheer need--major companies tend being far more innovative once faced with disaster simply because the business has no alternative but to innovate or die. Innovation is also encouraged by the use of incentives, the creation of teams charged with finding particular innovations, the development of innovative strategies, the introduction of team methods for example total quality management (TQM) or high quality circles, or an increased emphasis on search and development. A restructuring so that R&D takes precedence more than some other operations or drives the engine rather then following along also encourages innovation. Innovation has to be rewarded at all levels to foster an atmosphere where innovation is attempted. TQM is noticed by some being a challenge to workers and as contributing to unemployment, while other authorities argue with this assessment and suggest that TQM does not cause increased unemployment.

The corporate culture of Xerox continues being expressed in its Mission Statement and in expressed elements of its culture, but the relationship in between management and the employee has changed since it has for most firms in an age of higher outsourcing, downsizing, and employee migration.

 

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Wednesday, October 24, 2012

Use of Spokespersons in Advertising

In cooperative learning, small teams (in this instance pairs) of individuals work together to carry out a variety of learning activities aimed at improving skills and knowledge. Pairs of students carried out a series of tasks using the cooperative learning approach. Students tended to stick to their own primary selected partners until other groupings were added by the instructor during a computer implementation program. This caused resentment and ineffective partner interactions, so partners were randomly selected. The following skills were targeted for development: sharing and taking turns; suggesting and brainstorming; working and making decisions as a group; respecting others' ideas and opinions through listening; negotiating; and, including others through encouraging participation (Johnson 8-9).

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Johnson's study includes all three aspects of action research with respect to looking, thinking, and acting. For example, classroom observations and proposed arrangements gave Johnson the ability to streamline his research by understanding students better. For example, he devised the random partnering because of observations with other forms of pairing people. He also explored, analyzed, interpreted, and explained theories that would enable him to create an environment conducive to his study objectives (improving social skills through cooperative learning). As Johnson notes: "Rather than advocating that an individual teacher has total authority in the classroom, or that each student is responsible for his/her own behavior, interactionist approaches place power within the class group, comprising the teacher and the students, who jointly negotiate rules and the consequences for any breach" (7). Johnson's actions were better suited to achieving his results because of such deliberations.

Similarly, hotel managements will sell more than the number of rooms allocated to a specific price level, as a means of maximizing occupancy rates.4 When overbooking occurs, it is typically the holders of the less expensive airlines tickets who get bumped from the flight, or the holders of the less expensive rooms who learn that they must seek elsewhere for rooms. In the airline industry, in extreme cases, a flight may be canceled, if ticket sales provide an unacceptable yield management outcome. The hotel industry does not have this option.

Most certainly, yield management is a tactic which may enhance to a significant degree airline revenues and profits.5 At the same time, however, the practice often results in the unfair and inequitable treatment of ticketed passengers in the airline industry and of booked guests in the hotel industry.

An expanded and technologically improved computer reservation system was launched by American Airlines and its partners in the venture in 1992.23 The new system is called Confirm, and the owning partnership includes, in addition to American Airlines, Budget Rent A Cars, Hilton Hotels, and the Marriott Corporation.24 The power and sophistication of the new system exceeds the capabilities of competing systems.

For the lodging industry as a whole, a major problem to be solved is the stimulation of the use of unused capacity. This factor was a major consideration in the decision by the hotel industry to adopt the yield management concept. While this problem is more serious for the marginal operator, it is an issue of concern to all operators. The development of a marketing strategy to stimulate the use of unused capacity in the lodging industry was crucial, and thus far yield management has been the answer.



 

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Tuesday, October 23, 2012

The Investigation in the Consumer Welfare in Cable TV

The level of confidence (99 percent) was specific to increase the reliability in the analyses. The greater level of confidence was sought due to the sort of information that will be analyzed. The frequent deviations were derived using a range-based approach. Most likely ranges to your values were recognized from studies reported within the literature. Assumptions were made how the identified ranges reflected + three regular deviations. Therefore, the known ranges have been divided by six to derive approximate typical deviations. Acceptable margins of error have been derived by commencing with 20 percent in the typical deviation and then adjusting downward towards the nearest whole dollar (price and customer welfare) or nearest 10 percent (quality perception).

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A choice was made to test the hypotheses on data collected from cable television subscribers residing in Northern New Jersey. The sample was a number of on the cooperation with the cable television assistance providers within the area. The cooperating cable television program providers submitted towards the researcher lists of subscribers recognized only by a number. The researcher applied random option procedures for the lists to identify 981 subscribers. The variety of subscribers particular

 

The hypotheses will likely be tested in the software with the general linear type towards the relevant data. The specific test procedure will probably be regression analysis. In every hypothesis test, the independent variable may be the values for your non-regulated period. In every hypothesis, the dependent variables will be the values inside the non-regulated periods. The criterion to your rejection from the null hypotheses will probably be an R2 <.70, which would indicate that the deregulation of cable television services mentioned less than 70 percent on the changes within the values for the non-regulated periods. R2 will be the coefficient of determination; the coefficient of determination explains how significantly of the variation in an outcome variable is explained by the variation from the causal variable.

 

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Monday, October 22, 2012

The First Chili Restaurant in Texas

The very first Chili's obtainable consumers fast, full program and high quality hamburgers. Among 1975 and 1986, the Lavines opened up 79 additional Chili's primarily in Sunbelt cities with a youthful atmosphere, for example Dallas, Houston, Atlanta, Tampa, Orlando, Los Angeles, and San Francisco. In addition, by 1986, Chili's made new menu introductions, marketing efforts along with a 25 percent improve in total employment. At this point, Chili's was considering national expansion, additional existing marketplace penetration, and even a lot more new solution introductions.

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However, in 1986, oil prices dropped sharply, inflation fell and also the stock market soared and restaurant companies located within the economically impacted energy-belt states started to report sluggish marketplace conditions. In addition, the 1986 Tax Reform Act eliminated 20 percent with the expense-account write-off for business-related dining. Consequently, industry analysts felt that much less corporation men and women would take in out. However, rather than tightened economic conditions in the U.S. market, the volative nature of globe politics and increased terrorism abroad appeared to persuad numerous Individuals to travel inside the United States instead of abroad and market experts considered this trend an opportunity for restaurant. Finally, the aging in the population indicated that the tastes and values of upwardly-mobile young professionals would benefit full-service sit-down rest.


With the installation in the new team of top executives in 1983, Chili's underwent many major changes. Whilst Chili's restaurants distinctive buildings had turn out to be well-established and familiar landmarks, marketplace analyses conducted in 1984 by the new management team indicated that some type modifications towards the buildings could enhance the appeal with the existing restaurants although significantly reducing maintenance costs. The management team also increased emphasis on serving customers significant portions of high-quality food and beverages at moderate prices. Full bar service was offered and new drinks liquor sales started out to hold steady at about 20 percent of total revenues. However, Ron McDougall, president and CEO, stressed that Chili's was more than just a "watering hole." New merchandise introductions have been extremely well received and boosted Chili's per individual average from $6.50 to $6.81. Via a diversified menu, Chili's intended to maintain and enlarge its customer loyalty.

Generally, restaurant analysts place Chili's during the "dinner house" segment from the industry, specifically defined as the niche among the fast-food and midscale restaurants. The late 1960s saw the development on the concept. These restaurants were neighborhood eating, drinking, and meeting places for ones hungry, lonely young adult audience. They emphasized a casual dining atmosphere having a great

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Thursday, October 18, 2012

Business For Franchise

Moreover, unscrupulous franchisors sometimes consume advantage of unsuspecting investors. Some companies appear very good on paper, but investors should assess their own abilities and constraints just before buying a franchise. It's essential to find a firm that is correct to your time, talent, and work which will be needed to operate it. For example, a fast-food restaurant takes much more hours to run than a quick-print business. A service-oriented corporation needs an individual with an capacity to market himself to the public.

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Investors need to research the particular franchise they are interested in buying. This entails calling as quite a few similar franchises as possible, visiting their premises, and asking them what they like or dislike for the business. Investors ought to also consider working for quite a few weeks, for free if necessary, at 1 of these franchises. In addition, ahead of doing a commitment, investors should buy a copy with the franchise's Uniform Franchise Offering Circular (UFOC). Needed by federal law, this article answers most questions around the franchise, such as the investor's obligations being a franchisee and the franchisor's obligations towards the franchisee (Marini, 1993, p. 255).

For the investor who is interested during the European marketplace it is exciting to note that franchising is getting popular in Europe. For example, in Spain you'll find now


300 franchises in operation (Wei, 1993, p. 8). It has grow to be a well-known business method for Spain's young entrepreneurial class because it can be a profitable venture involving fewer risks than other kinds of distribution. Franchising allows the owner being component of the bigger company, even though also giving economies of scale for purchases, advertising, and distribution. In addition, investors and company people are trying to find proven, efficient business models like franchising to develop in response on the a lot more competitive local environment. U.S. franchisees can benefit inside European industry by exporting their products through local representatives. Agents and distributors who are provide inside the marketplace are finest in a position to respond to client needs nationwide, to help exporters with European customs, to home inventories, to inform exporters of industry trends, and to provide aftersales services.

In conclusion, almost each business, whether in United States or in Europe, is also bought, in one type or another, being a franchise. Picking a franchise, however, involves careful consideration. A business that appears attractive on paper may possibly not suit the needs, the talents, or the financing from the individual investor.

McDonald's primary goal is to supply jobs and growth opportunities to folks within the neighborhoods, in addition to generating a profit. Most franchisees also contribute to local communities by supporting schools and sports teams. Many owners donate time and money to church and community organizations. Ever due to the fact McDonald's started out in 1955, founder Ray Kroc insisted that all restaurant and business officials participate in community affairs. He also insisted how the restaurants' owner-operators ought to reflect the diversity on the communities in which they do business. This principle is component from the company's strategy and philosophy.



 

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Wednesday, October 17, 2012

Amazon.com1994

Amazon.com1994

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Jeff Bezos was a naturally gifted youngster that excelled in academics and nearly everything else that he tried. A graduate of Princeton, he majored in electrical engineering and pc science. What made him specifically specific in the early years of his task was his ability to balance complex logic with easy articulation of his thoughts. More than time he became a specialist in researching firm opportunities within the insurance, software, and ultimately Internet-based markets (Quittner, 4). It was this specialty that would lead him to investigate the commercial exploitation of the Internet.

While originally made by the Defense Department, until 1994, the net (then it was nonetheless referred to as the "World-Wide-Web") were an basically "commerce-free" environment. Bezos determined extremely early on that he could turn into a "first-mover" inside a firm design that used this new medium of communication (i.e., eBusiness) and embarked on look for to determine which goods sold well over a mail order basis. He thought that if a product sold well in this environment, it would do well in an online arena. He also looked for where he could create or add significance on the consumer experience.

The last very good shake-up to retail occurred at the end of the nineteenth century (during the 1890s) was the concept of "mail order" which was lead by Sears, Roebuck (Ramos, 2). At the time, mail order solidified the concept of fixed pricing due to the fact the seller as well as the buyer had been separated, in most cases, by several miles of rail track. Today, this separation is measured in nanoseconds, regardless in the physical distance in between seller and buyer. Thus the old economics of retail are gone, having been supplanted by the new truth from the Internet.

Chakrabarti, Rajesh and Barry Scholnick. "International Price Competition on a Internet: A Clinical Understand from the On the net Book Industry." Joint Series of Competitiveness 23 (2001, March) 4-5.

Books, based on Quittner (4), are among the solutions our society most heavily tracks via databases a natural play to Bezos' personal computer expertise. In 1994, it was extremely well-liked for wholesalers within the book industry to have CD-ROMs containing their listings. The business of this data had, for ones most part, already been completed, what remained was for getting somebody put the info into a medium that would permit access by a bigger population hence exploitation from the facts by clients empowered to entry and take in advantage with the Internet.

The next step in the procedure was to hire and/or be near on the varieties of technical talent that he would must make his vision happen. For this reason, he decided to base his operation in Seattle, Washington. By mid-1995, he had accumulated approximately 300 beta testers (friends and household members) and opened his Website to the world, largely by acquiring his "beta testers" merely "spread the word." During the first thirty days of operation Amazon sold books in all fifty states and forty-five other countries. Clearly Amazon was on to something that was bigger than they had hoped (Quittner, 4).

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Tuesday, October 16, 2012

Drinking up the Paycheck

Being a way of breaking out of this pattern, however, he turns for the union steward, who confirms his frustrations.

One in the clearest role conflict situations could be the truth that James has the principal role of provider for his loved ones of six (five, excluding him) and may be the main client of the wages needed by the family. In this he will be the \"giver\" of subsistence to his family, and at the same time he is the \"taker\" of that extremely same subsistence. The \"giver/taker\" role duality is tragic, and is much like an addict who have to consume drugs to continue to acquire the energy to steal more than enough to take a lot more drugs.

3. The Johari styles utilized to James

In relation towards the behavioral relationship among James and his boss, it can finest be described as fitting inside the lower quadrant on the \"hidden self, or can even be discussed as bisecting the dividing line in between the \"hidden\" as well as the \"undiscovered\" self.


4. The guidance of the Union Steward.

The company, however, must have a method of communications, if one of James\' reactions was considering of going to his boss first. However, it is apparent that not a lot impetus was given in that direction.

However, in terms of human resources, the Union Steward\'s list of aggravations might be a good agenda, in accordance with the priority he chooses. Note that he refers on the working conditions first, rather than pay. This confirms research that goes all the way back to Taylor that a comfortable work environment is more productive.

In this case, James requirements help, and he knows he requirements help. It\'s as well adverse how the only place he felt he could turn to for support was the Union rather than his boss.

e enough self-awareness to understand that he has a problem.

The second point that ought to be done is to understand how the issues are not related to, as the Union Steward suggests, \"This darn company stands out as the source of all your problems. The working conditions aren\'t fit for a slave, permit alone us. The pay also stinks\" (326).

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Monday, October 15, 2012

The Importance of Photograph

The fallout shelter can be witnessed in retrospect as being a home-with-a-home, or a prison-within-a-home. May perhaps writes that there's a powerful "symbolic significance" for the household inside fallout shelter:

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For within the early years with the cold war, amid a world of uncertainties brought on by World War II and its aftermath, the house seemed to offer a secure personalized nest removed within the danger of the outside world. . . However, . . . the loved ones also seemed . . . vulnerable. The self-contained property held out the promise of security in an insecure world. It also available a vision of abundance and fulfillment. . . . The young postwar People in the usa were homeward bound (3).

The photograph, then, provides a summary snapshot of the ambivalent position with the American household within the midst in the Cold War. It's composed of five individuals who are clean, healthy, strong, with provisions and conveniences, well-protected, and yet appearing strangely unhappy, or at least anxious. The war had ended sixteen many years before the photograph was taken, but that hot war had resulted inside a Cold War, in which the 2 major superpowers---the United States and also the Soviet Union---confronted 1 another on the stockpile of nuclear weapons, both searching for to dominate the globe ideologically and militarily. At the center of this confrontation, within the American perspective, was the nuclear family, a symbol of all items dear towards the American way of life.

If the slow-growth movement . . . has been explicitly a protest against the urbanization of suburbia, it is implicitly---in the long tradition of Los Angeles homeowner politics---a reassertion of social privilege (212-213).

The loved ones itself was noticed being a kind of reward People in america gave themselves for the struggle and victory of Globe War II, along with a symbolic wall manufactured to keep out the insecurities produced by the horrible war and by the Cold War which ensued. Marriage and birth rates climbed right after the war, and divorce rates dropped. Although quite a few studies conclude that the rise in marriage and parenthood within the United States after the war was "the result of the return to peace and prosperity," or a need to recover conventional values, but May perhaps argues that such a conclusion is inadequate.

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Thursday, October 11, 2012

Photography of Migrant Mother by Dorothea Lange

The haunting black and white images have been taken by Lange having a "Graflex" camera and the original negatives have been 4x5 film (Dorothea 1).

In the "Migrant Mother" image, we see the haunting and forlorn condition of the woman sitting inside a lean-to with her children huddled around her, hungry and tired, with nowhere to live. The black and white image captures a forlorn expression and concern on the mother's face that may be really moving. Lange reported how the family


had just sold their tent and car tires to buy food, owning subsisted off of frozen vegetables from the fields and birds killed by her sons (Dorothea 1). These images placed Lange at the forefront of female photographers, capturing the mood and condition of millions of Americans forced to relocate looking for work and food during the era. In a single interview, Lange said of Florence Thompson.

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Monday, October 8, 2012

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Wednesday, October 3, 2012

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