Othello’s Ranking Now and Then :: Othello essays

Othello’s Ranking Now and Then  Ã‚        Ã‚  Ã‚   From Burbage’s day till the present, the Shakespearean drama Othello has ranked high on the charts. But how high? And when? And why?    Kenneth Muir, in the Introduction to William Shakespeare: Othello,   explains the popularity which this play had at the time of its creation:    Richard Burbage, the leading actor in Shakespeare’s company, played the part of the ‘grieved Moor’ and it was one of his greatest successes. We are told by Shakespeare’s neighbor, Leonard Digges, that audiences were bored with Jonson’s tragedies:    They prized more Honest Iago, or the jealous Moor. (12)    The ranking of this famous play is not cut and dried, totally clarified and undebated. A. C. Bradley, in his book of literary criticism, Shakespearean Tragedy, describes the equivocal ranking which some critics give this play:    Or is there a justification for the fact – a fact it certainly is – that some readers, while acknowledging, of course, the immense power of Othello, and even admitting that it is dramatically perhaps Shakespeare’s greatest triumph, still regard it with a certain distaste, or, at any rate, hardly allow it a place in their minds beside Hamlet, King Lear and Macbeth? (173-74)    To many of the audience, Othello would appear to have a beauty about it which is hard to match – thus ranking the play high. Helen Gardner in â€Å"Othello: A Tragedy of Beauty and Fortune† touches on this beauty which enables this play to stand above the other tragedies of the Bard:    Among the tragedies of Shakespeare Othello is supreme in one quality: beauty. Much of its poetry, in imagery, perfection of phrase, and steadiness of rhythm, soaring yet firm, enchants the sensuous imagination. This kind of beauty Othello shares with Romeo and Juliet and Antony and Cleopatra; it is a corollary of the theme which it shares with them. But Othello is also remarkable for another kind of beauty. Except for the trivial scene with the clown, all is immediately relevant to the central issue; no scene requires critical justification. The play has a rare intellectual beauty, satisfying the desire of the imagination for order and harmony between the parts and the whole. Finally, the play has intense moral beauty. It makes an immediate appeal to the moral imagination, in its presentation in the figure of Desdemona of a love which does not alter ‘when it alteration finds’, but ‘bears it out even to the edge of doom’.

Greed-and fear A special report on the future of finance Essay

The report discusses the many flaws in organized financial markets but concludes that these markets should continue to operate on principles of initiative or creativity and with a reasonable amount of government regulation. While greed may be part of the cause of financial market instability, naivety and delusion contributed as well. Innovation in computer technology coupled with the work of Black and Scholes in options pricing gave rise to the modern derivatives markets. (Greed-and fear A special report on the future of finance) Natural selection happens in financial markets where companies are constantly changing to the latest product, i. e. retail banks began to focus on investment banking, and investment banks moved into the arena of hedge funds. The report calls into question the new form of financial market regulation. A major area of focus of the report is what factors lead to the boom and bust market cycles that lead to financial instability. The report describes three concepts, globalization, liberalization, and technological innovation as triggers of market booms, busts, and financial instability. (Greed-and fear A special report on the future of finance) This paper responds to each of these ideas as set forth in the report. Globalization According to the report globalization embraced by emerging markets along with low inflation in developed markets made credit grow more quickly and easily. (Greed-and fear A special report on the future of finance) However, as the markets are today, developed countries such as the U. S. and the U. K. are in near to full blown inflationary economies. Most global markets are exposed to the U. S. subprime crisis. (Caruana) However, many emerging markets can limit their exposure to the crisis by managing their levels of greed and fear. Greed is limited when these emerging markets do not invest in the derivative securities created by the subprime markets. Fear is managed when countries utilize resources such as the International Monetary Fund, the IMF, for lending facilities that will serve to shore up a country’s credit needs and support the county’s banking and financial institutions’ lending and business investment activities. Liberalization Liberalization in terms of relaxing or reducing banking and financial industry regulations in countries such as Japan and the U. S. has led to property value booms and bubbles which are followed by a bust cycle and finally financial instability. (Greed-and fear A special report on the future of finance) It can be argued that greed, particularly in the U. S. , led to a relaxation of banking and financial industry regulation in order to facilitate greater innovation, liquidity, and credit availability in the financial markets. Hedge funds are thought to provide great efficiency, liquidity, and returns in U. S. capital markets. Industry regulation, therefore, should have served to facilitate innovation in the hedge fund industry while protecting it from a financial crisis. (Bartiromo) This, however, was not the case. Widespread fears, both speculative and proven, about decline in assets values caused the federal government to step in with a new level of financial liberalization through bank ownership. Previously regulation was intended to provide a legal framework in which the financial markets could operate. The current level of fear has changed the goal of regulation and extended the methods of regulatory activity to include providing financing and operational assistance or mandate to the financial markets. Innovation New technology industries are thought to create the need for specialized types of financing. (Greed-and fear A special report on the future of finance) This concept may work in a normally functioning economy. However, one can look at the alternative energy market to see that this concept is not working in the current economy. Industries like energy technology are capital intensive. Newer, more capital intensive industries generally depend on financing from private equities and hedge funds. (Alt-Energy Firms Sink With Prices, Credit; New fuels) Prior to 2008 fear caused the hedge funds and private equities to invest less in capital intensive industries. More recently as many hedge funds disappeared due to insolvency, this designer type of financing is no longer available to new technology industries. The only existing sources of financing available to energy technology, particularly in the U. S. , is government investment or financing from financial institutions in which the U. S. government has a financing or operational interest. Conclusion – the results of Greed and Fear Greed and fear has led to current regulatory practices in which many governments are now owners of many financial institutions as opposed to simple regulatory agencies. The new trend in globalization will be that central banks in both developing and emerging market countries will manage their countries financial markets and systems in a way that will limit exposure to booms and busts in international markets. Once more governments develop controlling interests in banking and other financial institutions the original liberalization referred to in the report should return and these institutions will be able to re-create innovative financing. Governments will regulate these institutions on two fronts – as shareholders and as policymakers. As owners of banks and financial institutions, governments will also become investors in new technologies such as the clean energy industry. Where hedge funds and private equity firms no longer exist at previous levels, new technology firms will look to government equity as a viable alternative form of financing. Works Cited â€Å"Alt-Energy Firms Sink With Prices, Credit; New fuels, technology less competitive now, financing more scarce. (FRONT PAGE NEWS). † Investor’s Business Daily (Dec 2, 2008): A01. General OneFile. Gale. 19 Apr. 2009. Caruana, Jaime. â€Å"Viewpoint: A Significant Test Of Emerging Markets – Taking A Global Perspective Is Vital To Learn Lessons From Financial Market Turbulence And find The Right Approach To Move Forward In The Future, Says Jaime Caruana. (Viewpoint essay). † The Banker (Nov 1, 2007): NA. General OneFile. Gale. 19 Apr. 2009. â€Å"Greed-and fear A special report on the future of finance. † The Economist 24 January 2009: 1-15. Bartiromo, Maria. â€Å"Straight Talk from the Fed; New York Federal Reserve President Tim Geithner on housing prices, regulation, and the post-Greenspan era. † Business Week Online (May 4, 2006): NA. General OneFile. Gale. 19 Apr. 2009.

Minimum Wage Was Set - Free Essay Example

Sample details Pages: 3 Words: 919 Downloads: 2 Date added: 2019/04/16 Category Law Essay Level High school Tags: Minimum Wage Essay Did you like this example? Minimum wage was set to keep employers from taking advantage of workers who were in desperate need of employment. Minimum wage should ideally provide enough income so the average American can make a decent living which includes providing shelter, clothing and food. Minimum wage is some times seen as what we should make to make a way of life. Don’t waste time! Our writers will create an original "Minimum Wage Was Set" essay for you Create order When minimum wage is more set to be an entry point for some young adults first entering the work force. Thats not always the case sometimes its a single mother busing tables, or a father who maybe had some bad life decisions and cant find good employment. The question to raise minimum wage so many factors stand in the way of this. With our world becoming more and more tech savvy the need for a minimum wage employ is less and less. Why have a blockbusters and pay employees to run it when we have red box the cost of operation is cut in half. With our apps when can place our own food orders and soon taking away the need to have someone service us. In major retails we are starting to see more and more of the self check outs. This is pulling away jobs and replacing a person with a robot or type of system. This can be seen as something that will take away a large amount of jobs to people. Yet can offer a career to others who might have gone to School to learn technology, or study app development to build the many apps we use. We have to see that minimum wage isnt the goal we at all cost have to try and want more. If the federal government was to raise minimum wage to 15.00 an hour how many people in high school would drop out and get a job how many people that have trades or skills to do a special job be surpassed by anyone that can clean tables or answer phones. Where I would like to see minimum wage raised Im not sure its what we need. the best way to think about it minimum wage is for minimum skills its a stepping stone in life. With the exceptions of the single mother why cant we have better government support for her better health care better daycare assists while she is going to school and working to try and provide a better way of life. with making 15.00 an house would she want to leave the small food chain shes working at would she be happy with her way of life and not want to finish college? This minimum wage set at 7.25 is 290 for a full time 40 hours employ that comes to just 15,080 a year. This income would leave a two-person household say, a single parent with one child just below the federal poverty threshold of $15,130. Thats full time if our single mother cant work that she Can only do 27 hours a week thats 195.75 a week with only 10,179 a year. Can someone really care for a child and maintain a safe living environment. I dont think minimum wage should be 15.00 an hour but I think we need to see some kind of increase just raising it to 9.80 an hour thats about 20,400 for a year of full-time work. I see we need to raise minimum wage some to help the ones in need and stay with the increase in cost of living we see rising and rising, but this again is just a stepping stone we need to keep pushing the youth of today, tomorrow, and tell them keep the goals of a career in mind we dont need to settle for just minimum wage. When you want to go to college and become a registered nurse think about this RNs make an average salary of $67,760 per year, and an average hourly wage of $32.56. Thats about 5 times more than minimum wage. cardiologist make anywhere from 335,765 to 504,349 a year this is what we need to keep in mind we get paid for what we learn what we can do. If minimum wage was to go up to $15.00 an hour would companies have a higher turn over rate? This question come to mind would the level of applicants skills decrease? With the statement I made of the youth wanting to drop out of school when things started to get hard in life knowing they can go out and get a job and live and just get by it would seem we would have less quality employment the basic math, reading, and learning would suffer. I think this would have an increase in crime maybe drug use. Its to easy to just quit and know you will be some what ok. the fear of living pay check to pay check should be enough to help keep the youth in school and to want to become a nurse or the doctor in the emergency room saving lives. Our youth has to see minimum wage as temporary and not long term I say this with the understanding of the ones out there having life issues we need to have the focus turned to the government options we have to help the ones in need that really need the helping hand to the next step in life. With all this said minimum wage needs to be raised. Does it need to be $15.00 no I dont think is does I see more of a down fall of issues and problems that come along with it from employers to employees.