The Fire Next Time Essays - Biblical People In Islam, Elijah

The Fire Next Time Breading Hate Opher Yunger Enc 1102 ?turning to that man on his right, he began to speak of the white devils?What had they made him (me) feelElijah went on about the crimes of white people, to this endless chorus of 'Yes, that's right.' The so-called American Negro is the only reason Allah has permitted the United States to endure so long; the white man's time was up in 1913, but it is the will of Allah that this lost black nation?be redeemed from their white masters and returned to the true faith, which is Islam. (Baldwin 65-6) This is a quote from James Baldwins' The Fire Next Time written in 1962, twenty years after Hitlers Third Reich reigned over much of modern day Europe. In the late 1930's Many of Hitlers speeches sounded very close to this one, and most of Europe blindly followed after him. The world may never be the same since the Holocaust, but it is things like this that make me wonder. Did the world really learn from the past? Baldwin's The Fire Next Time discusses progress. Did the human race really make progress after World War Two? In the pre World War Two era, Germany was one of the most advanced nations in the modern world, yet they also led Europe in the horrible murder of twelve million men, women and children. How could a man like Elijah Mohammed, who was considered a very spiritual man, take aim at the white people and call them devils saying that the black man needs to reclaim the world. Did he not see how twenty years before hand the reckless words of hatred from a single man condemned twelve million men, women and children to death? ?I began to see that Elijah's power came from his single-mindedness? (Baldwin 66). Elijah Mohammed thought, in the 1960's, exactly like Hitler. He thought that the black race was better than any other race in the world. This is an understandable thought, his nation was being oppressed and put down because of the color of their skin. Who is to say that if anyone else was in that situation, he or she would not also want to destroy the people who were oppressing them. But Elijah Mohammed was hiding behind g-d saying that this is what the Koran says. It happens way too many times, that g-d is brought into the picture. Does g-d really want people of a certain race to rule the world? Today in the twentieth century people are still murdering innocent people and standing behind g-d. Almost weekly we hear about a terrorist attack in the middle east, many of which are funded by religious extremists. It is easy for a leader to use g-d when they are speaking to many people who feel they are oppressed and have no where else to turn. A person who feels he has nothing to lose will do almost anything he is told. If the African American people had followed Elijah Mohammed who knows what could have happened. The American people could have repeated a Holocaust right in their own country. Many people say a Holocaust could never happen again. It's things like this that can make people think twice. Bibliography Baldwin, James. The Fire Next Time. New York: Vintage, 1993.

Inflation & Unemployment essays

Inflation & Unemployment essays Assess the Relative Costs of Unemployment Inflation is a persistent increase in the level of prices in an economy; the Retail Price Index (RPI) usually measures it, which is a measure of changes in the prices of consumer goods bought in the UK. Inflation can be caused by: too much demand in the economy. This is called demand-pull inflation, e.g. the UK in the 1980s. If demand increases and firms cannot produce enough output, they will increase their prices. higher costs forcing firms to increase their prices. This is called cost-push inflation, e.g. as happened in Western Europe in the 1970s when oil prices increased. excessive growth of the money supply. RPIX is sometimes known as the underlying or target rate of inflation. It is the RPI minus mortgage interest payments. The RPIY is the RPI minus not only mortgage interest payments but also local authority taxes and indirect taxes. The advantage of this measure is that it shows the underlying inflation rate undistorted by changes in interest rate and taxation. A low and steady rate of inflation provides a number of benefits for a country, in particular that of enabling businesses to forward plan with confidence. However a country with a rapidly rising inflation rate in excess of that its main trading partners will be likely to experience a number of problems, such as: redistribution of income some groups whose earnings are not linked to inflation will find their real earnings fall (e.g. employers with weak bargaining power, such as shop assistants). menu costs e.g. the costs of changing the prices in publicity material, displays, and slot machines. shoe leather costs with inflation, households and firms will have to search for good returns from their savings to protect their real earnings. This involves costs called shoe leather costs. planning difficultie...

Financial Intermediaries Assignment Example | Topics and Well Written Essays - 250 words

Financial Intermediaries - Assignment Example A drawback of the approach is that it is hard to observe bank conduct and that the approach excludes foreign banks in the determination of competition (Bell, Brooks and Prokopczuk, 2013 p.197). The Panzar-Rosse H-Statistic relates a firm’s conduct with models of different market structures such as monopoly, monopolistic competition, imperfect competition or perfect competition (Schaeck, Cihak and Wolfe, 2009 p.715). It demonstrates how the elasticity of a firm’s revenue differs under the different market structures. Although the model is quite straightforward under monopoly and perfect competition, imperfect competition, and monopolistic competition pose some complexities for this approach. The H-Statistic also assumes equilibrium for the banking market in the long-run. The Lerner Index uses the relationship between a firm’s price and marginal cost as a basis for the measurement of the firm’s market power. The index is a reciprocal of the price elasticity of demand and indicates the proportion price exceeds marginal cost. A disadvantage of the Lerner index is that it fails to demonstrate the substitutability of a product (Bell et al., 2013 206). The Boone Indicator assesses, in terms of strength, the relationship between efficiency and performance. Accordingly, superior performance is achievable for more efficient banks. Under competitive market conditions, banks show more aggression in order to achieve the superior performance as compared to competitors (Bell et al., 2013 p.206). The Boone Indicator does not share the disadvantages of the H-Statistic and the Lerner Index. It demonstrates the aggression more efficient banks employ in the exploitation of their cost advantage. As a measure of competition, Persistence of Profits proposes that entry and exit provide a sufficient avenue for the elimination of abnormal profits. Accordingly, profit rates for all firms would converge towards some average value in the