Sunday, December 29, 2019

The Autobiography Of Malcolm X - 1098 Words

The Autobiography of Malcolm X: As Told to Alex Haley Malcolm X or El-Hajj Malik El-Shabazz was born on May 19, 1925 in Omaha, Nebraska. He was born to Louise and Earl Little. His father Earl was a Baptist minister and â€Å"a dedicated organizer for Marcus Aurelius Garvey s U.N.I.A. (Universal Negro Improvement Association).† His mother was a domestic worker. In 1929, Malcolm’s family moved to Lansing, Michigan. There, his house was burned down by a white supremacist group. It was then he realized the role of a black man in America and saw the difference between being white and being black. He said, â€Å" Back when I was growing up, the successful Lansing Negroes were such as waiters and bootblacks. To be a janitor at some downtown store was to be highly respected. The real elite, the big shots, the voices of the race, were the waiters at the Lansing Country Club and the shoeshine boys at the state capitol. The only Negroes who really had any money were the ones in the numbers racket, or who ran the gambling ho uses, or who in some other way lived parasitically off the poorest ones, who were the masses. No Negroes were hired then by Lansing s big Oldsmobile plant, or the Reo plant. (Do you remember the Reo? It was manufactured in Lansing, and R. E. Olds, the man after whom it was named, also lived in Lansing. When the war came along, they hired some Negro janitors.) The bulk of the Negroes were either on Welfare, or W.P.A., or they starved.† When Malcolm was sixShow MoreRelatedThe Autobiography of Malcolm X729 Words   |  3 PagesLiterary Analysis: The Autobiography of Malcolm X The Autobiography of Malcolm X, told by Alex Haley, details the incredible journey of one of the most inspiration and life altering leaders the world has ever encountered. The book begins with the illustration of Malcolm’s early life experiences and ends with X predicting that he will die a violent death prior to seeing the publication of his autobiography. At the beginning of the book, Haley describes how Malcolm’s father, a Baptist MinisterRead MoreThe Autobiography Of Malcolm X Essay1369 Words   |  6 PagesWho is Malcolm X? Answers tend to vary by person but in the â€Å"Autobiography of Malcolm X†, it really delved into the pivotal details of his life and readers like myself, went on an enthralling metaphorical journey to see the intriguing development of him as a child, a young adult, a convict, a follower, and ultimately a leader. For starters, Malcolm X was not born with the infamous and famous X. His birth name was Malcolm Little and the innocent Malcolm Little was very belittled (pun intended) inRead MoreAutobiography Of Malcolm X1614 Words   |  7 PagesKaykay Zhu October 19, 2017 The Autobiography of Malcolm X as told to Alex Haley is an account of Malcolm X’s evolving perspective on racial justice. Malcolm X was a prominent figure in the Nation of Islam who advocated for black nationalism and separatism. The man who became one of America’s most powerful voices for African Americans was deeply affected by the terrors of racism, which shaped his view of social justice and the condemnation of the white man. The way Malcolm X narrates his experiences changesRead MoreThe Autobiography Of Malcolm X Essay1152 Words   |  5 Pages1 2 THE AUTOBIOGRAPHY OF MALCOLM X Introduction Malcolm X?s autobiography written in collaboration with Alex Haley is an exciting story of personality transformation. During several years, Malcolm X told Haley his biography in several extensive interviews. Haley described and orchestrated the stories and Malcolm X edited and endorsed every part of the book. The story is narrated in the first person and it seems like Malcolm was writing this of hisRead MoreThe Autobiography Of Malcolm X1276 Words   |  6 PagesThe Autobiography of Malcolm X as told to Alex Haley, and Coming of Age in Mississippi by Anne Moody sheds light on how principles of ambition, pride, and faith throughout their lives paved individual paths for revolutionary success. Troubling upbringings as seen in both of their lives eventually instilled a drive that ultimately revolutionized America’s perspective of racial equality. Their worldview grows to encompass humanity as one and is developed alongside their spiritual and cultural in quiryRead MoreThe Autobiography Of Malcolm X1701 Words   |  7 Pagesread the autobiography of Malcolm X. Malcolm X was one of the most controversial Men in American history. I’m familar with the name Malcolm X however, I’m not familliar with the works and background of Malcolm X. This is why I choose to read the autobiography of Malcolm X written by himself and Alex Haley. Which gives the read an insight on his background, beliefs, and the American society then. I believe that many people including myself have misunderstood Malcolm X. I believe that Malcolm X is misunderstoodRead MoreThe Autobiography Of Malcolm X791 Words   |  4 Pageslife. Malcolm X told his life story of how he overcame in his autobiography simply called The Autobiography of Malcolm X as told to Alex Haley. His life changed the world historically, socially, and especially politically by taking a stand against racism of all kinds which still exists in today’s â€Å"modern† standar ds. Using his personal life experience with racism towards African-Americans, Malcolm spreads the word on equality for all with a realistic tone that inspires trust in him. Malcolm X reachesRead MoreThe Autobiography of Malcolm X535 Words   |  2 Pages The autobiography of Malcolm X is a book that was published in 1965. It is of result of collaboration between human rights activist Mr. Malcolm X and journalist Alex Haley. The book depicts more about Malcolm X’s life, experiences and beliefs. The book again talks about spiritual conversion narrative that outlines Malcolm Xs philosophy of black pride, Black Nationalism. Malcolm was born in May 19th 1925 in Omaha to a family of Earl and Louise Little. The book also explains to us that he inheritatedRead MoreThe Autobiography Of Malcolm X1278 Words   |  6 PagesMalcolm X, born Malcolm Little, is one of the greatest advocates for race in the nation. However, his opinion of the state of racial issues in our country, and what can be done to solve them. Trials throughout Malcolm’s life of personal opinions and events that have occurred have shaped his outlook on the issue. Alex Haley’s autobiography novel, The Autobiography of Malcolm X, reveals Malcolm’s cha nging views on the solution of race in this country through the shaping stages of experiences in hisRead MoreThe Autobiography Of Malcolm X1505 Words   |  7 PagesCritical Book Review Book review based on The Autobiography of Malcolm X Introduction: This biography of Malcolm X was a book, which had a purpose of enlightening people on how blacks were treated, it mainly focused on the life of Malcolm and how it affected his life and changed him. Malcolm X is born and raised in Omaha, Nebraska, America. A country where racism is so prevalent that his family frequently gets into a confrontation with the KKK and Black Legion society due to his father being

Saturday, December 21, 2019

Effects of imperialism in Asia. - 1840 Words

What impact did Western imperialism and colonialism have on Asia That Colonialism and imperialism played a significant role in shaping the modern world and particularly Asia is a prudent judgment. Colonialism is a policy in which a country rules other nations and develops trade for its own benefit and the extension of power or authority over others in the interests of domination (2004). The West, which refers to the societies of Europe and their genealogical, colonial, and philosophical descendants. Spain, France, Britain, Canada, and the United States of America are some examples of Western societies. These countries have spread their influence and hegemony over other nations for centuries; shaping todays North America,†¦show more content†¦Everyday lifestyle changes were another method of ensuring cultural dominance. The French manipulated those who had power. A portion of the elite class in Indochina admired the French for their prestigious lifestyle and converted to Catholicism, setting an example for the lower classes (Vietnam War, 2 004). Literature is an important part of culture, seeing that countries keep their records, history, and information in texts which would be stored for future generations. A French missionary named Alexander de Rhodes romanized the Vietnamese language, which used to utilize Chinese symbols. This new script, called Quoc Ngu, detracted Vietnam from its original culture and Chinas sphere of influence. Quoc Ngus impact is so large, that it is the how the Vietnamese language is written and read today (Quoc Ngu, 2001). In the later 20th century, the Western urban youths rebellious lifestyle leaked its way to the Indochinese people. Many young Indochinese people embraced sexual freedom and the movies, clothing styles, and rock music from Western cultures became popular (Vietnam War, 2004). As well as corrupting the way of life for all of Indochinese people and destroying the cultural language of Vietnam, many important historical and cultural cities such as the ancient dynastic capital of Vietnam, Hue, were physically destroyed during theShow MoreRelatedEuropean Imperialism - Dbq Essay804 Words   |  4 Pagesthe history of the world, imperialism has played a major role. Imperialism is one country’s complete domination of the political, economic, and social life of another country. Imperialism has many positive and negative effects. The Age of Imperialism is considered 1800 - 1914. During this time Europe became a major world leader. European countries set up colonies all over Africa, Latin America, and Asia, and encouraged their citizens to populate them. European imperialism boosted Europe’s economyRead MoreImperialism : Modern Global History852 Words   |  4 PagesOctober 2016 Imperialism happened in the history In the history, strong countries always trying to conquer the small and undeveloped countries in order to gain resources that they need and show their power, that’s called imperialism. This paper will talk about imperialism in Southeast Asia, India and South America, how European power imperialize those areas and how imperialism effect those areas. Southeast Asia is located at the corner of Asia, made up of islands and part of Asia continent landRead MoreEssay about The Pros and Cons of Imperialism540 Words   |  3 Pagespolitical or cultural life is called as imperialism. Imperialism is often separated into two sects. The first one is old imperialism, which was the period from the 1500s to the 1800s, where European nation started to colonize many areas such as the Americas, and parts of Southeast Asia. On the other hand, the new imperialism was the period between the years â€Å"1870-1914†, where Europe became more focused on expanding their land into Asia and Africa. Imperialism had many pros and cons. In addition, itRead MoreWestern Imperialism and Modern East Asia Essay example1188 Words   |  5 PagesWestern imperialism in East Asia caused many tribulations for China, Japan, and Korea but also helped them to become contemporary nations. The East Asian countries were tremendously affected by unequal treaties, e xtraterritoriality, and above all, technology. Great Britain encroached upon China their greed for open trade with the Chinese empire resulting in the deterioration of the Chinese culture, which led to the emergence of a modernized civilization. Japan was co-subjugated by Russia and theRead MoreImpact Of Imperialism On The Middle East, Africa, And Asia1287 Words   |  6 PagesImperialism is defined as a policy of extending a country s power and influence through diplomacy or military force. Countries during the Industrial Revolution wanted to imperialize due to social, political, and economic reasons. As early as the mid 1800’s, the European countries craved the idea of power and conquering new lands in order to obtain resources/raw materials. They took over Africa, the Ottoman Empire, India, and Southeast Asia due to this as well as for their convenient location. TheyRead MoreEffects Of Ww1 On South And East Asia1285 Words   |  6 PagesAP 21 March 2016 Effects of WW1 on South and East Asia World War I, the so called war to end all wars, began in 1914 and ended in 1918. This war included the Allied Powers; which included Great Britain, France, Russia, and Italy; against the Central Powers; which included Germany, the Austrian-Hungarian Empire, the Ottoman Empire, and Bulgaria. WWI was mainly centered around Europe but had dramatic effects on the entire world but in particular South and East Asia; for example, the exchangeRead MoreEssay on Imperialism: From Europe to The West1514 Words   |  7 PagesEarly in the twentieth century, imperialism was brought up by European powers of the time; Germany, Great Britain, France, and Russia. These nations were after raw materials in Asia, Africa, and South America and when they realize that they could not retrieve it, they began to colonize smaller counties that contain the many resources they need and used it for their benefit. Western values played a big part in European imperialism. European civilization experien ced a period of extraordinary rapidRead MoreA New Concept Of Foreign Affairs1477 Words   |  6 Pages19th century a new concept of foreign affairs was introduced to Asia and Africa: New Imperialism. New Imperialism began in the 19th century when Europeans, mainly Great Britain, began colonizing Asia and Africa. Europeans used military, political, and economic power to take over weaker countries. Imperialism had an overall negative effect on the indigenous people of Asia and Africa. Economic motives were a major cause of New Imperialism. By the late 1870’s countries were industrializing rapidly. GreatRead MoreImperialism And Its Effects On America860 Words   |  4 Pages Imperialism is the acquisition of new territories by a state and the incorporation of these territories into a political system as subordinate colonies (Tignor G-12). Under imperialism, stronger nations attempt to create empires by governing fragile nations; economically, politically, culturally, or military. The reason why this imperialism grew in Africa and Asia was because of economic factors, nationalist factors, military factors, and humanist factors. Not everyone agreed with imperialism, theRead MoreThe Grand Scheme of the New Imperialism1391 Words   |  6 PagesEuropean or the new Imperialism is a movement, which brought the worldwide effect of white supremacy. As far as the ideas of historians are concerned, new Imperialism was the product of economic rationale. It is obvious that every nation looks forward to uplift their economic status. Although the new Imperialism was a product of economic rational, it was largely justified for social and political reasons such as â€Å"civilizing missions† to help these countries out. While social effects helped to cause the

Thursday, December 12, 2019

English Essay Modernist Writers

Question: Write about theEnglish Essayfor Modernist Writers. Answer: Introduction The famous American short story writer, Edgar Allan Poe, even though he was not much appreciated in his contemporary times, created some unique piece of works that can be considered as the inspiration to the Modernist writers. However, there have been several unkind criticisms about Poes work. Many considered his works to be complicated, multifaceted and varied. Before we look into Poes work in the context of proto modernism and modernism, it is important to understand the concept of modernism (Walker, Ian, pg: 112). Modernism started as a movement in the late nineteenth century and the first half of the twentieth century that called for the freedom of conscience in the light of the psychological, philosophical and historical hypothesises. It is a timeless concept. However, in this essay, while discussing Poes work, his reputation as the proto modernist figure will be analyzed as he had foresaw the materialization of this movement in his early days. Discussion Edgar Allen Poe was the first American short story writer who has made the philosophical and psychological theories remarkably significant in the European countries. He was entirely dissatisfied with the conventional literary standards and norms and tried to establish his own theories in his literary works. Poe has put the avant-grade theories of the originality into practice in his works. However, in his contemporary times and even after his death he was not at all appreciated because of his works as most of the critics and writers were more concerned about the independence of the traditional Native American culture and the glorification of it (Hammond, John R, pg: 212). With the course of time, the avant grade sense of the originality and the anti conventional method that have been advocated in Poes creative theories and reflected in his literary works. This has enhanced the way of the modern writers who had taken inspiration from Poes works. Living in the era where the idea of romanticism has dominated the literary works, Poe was profoundly worried about the anti conventional artistic views in his literary works. In his own creation, Letter to B he had articulated his notion of conflict to the conventional ideas. Poe had always articulated an opposite view to the norm an instruction or truth is the end of literary creations, rather he had always stated that pleasure is the eventual goal of poetry. Poe has stressed more on originality in his literary works. His unique sense of moral had encouraged the later writers of the Modern age in giving particular consideration to the state of human self, particularly to the human mind. As Virginia Woolf had suggested in her writings, the primary goal of art should not be the reflection of the world without it, but to illumine the mind within, to portray consciousness itself (McGann, Jerome, pg: 111). One of the most important traits of the Modernist writers is focusing on the world from within human self like it has been depicted in the writings of the realists. Poe has written his works way before the appearance of the Modernist movement during the middle of the nineteenth century, but it had showed that these techniques are used in his literary works that provided an encouragement and a model for the Modernist writers. Most of his literary works were concerned profoundly about the state of mind of the protagonist than the outside world they were living in. In his The Tell-Tale Heart (1843), it is showcased that the first person narrator is telling about the Evil Eye of the old man that makes the narrator dreadfully nervous. He also said that the thought of murdering the old man haunted him every day and night. It is also seen in the literary work that to get rid of these dreadful idea and the continuous nervousness about murdering him, the narrator had ended up murdering the old man at the dreadful hour of the eighth night and dismembers his body concealing it into the floorboard. However, when the police men came to his house for investigation, he had mystically revealed the crime he has committed due to the overpowering sound of beating the heart ringing into his ears (Rajan, Gita pg: 43). Under the surface of a story of a murderer, Poe has shown the abnormal state of the mind of the protagonist which had driven him in committing the crime and also leading him to the ultimate confession to the policemen. In the Black cat stories, Edgar Allan Poe also examined the psychopathic tendencies and the cerebral rational of the narrator of the text. He has evaluated their abnormality of their state of mind through the eye of the modern psychological and scientific thinking. In the short story, The Black Cat, Poe has also depicted the story as a first person narrative. The narrator tell the readers than in his early days he had a sheer love for the pets and his wife and he had number of pets including a beautiful black cat named Pluto. Even though both were fond of each other, after coming home intoxicated one night, the narrator thought that the cat is avoiding him (Poe, Edgar Allan, pg: 109). Later the cat bites him and out of a sudden rage he gouges out the eye of the cat with a pen knife. He also takes the cat in the garden and hangs him from a tree until it dies. Strangely that very night his house catches on fire and later he found out an imprint of a large cat with a rope around its nec k on the wall that had survived the fire. This story also questions the mental sanity of the narrator of the story. This story is one of the darkest tales of Poe that evokes a sense of superstition and the abnormal state of mind of the narrator. Conclusion Poe had casted strong traces on the Modernist movement though these literary works that had considered as an inspiration for the modernist writers. It can be considered that Poe was an proto modernist writer as he had foresaw the Modernist trend even before the emergence of it. Furthermore, through the exploration of the common interest in the original ideas like the Modernist writers, avant grade skill of writing in the space and time, lonely and alienated characters that are subject to self destruction and self fragmentation show that Edgar Allan Poe was one of the most significant precursors of Modernism or the proto modernist. Reference List and Bibliography Hammond, John R.An Edgar Allan Poe companion: a guide to the short stories, romances and essays. Springer, 2016. McGann, Jerome.The Poet Edgar Allan Poe: Alien Angel. Harvard University Press, 2014. Poe, Edgar Allan, Charles Baudelaire, and Albert Anderegg. "The Tell-Tale Heart." (2013). Poe, Edgar Allan, Short Story Horror Gothic, and Edgar Allan Poe. "How to Not Get Away with Murder: A Psycho in Denial Lets the Cat Out of the Bag." (2014). Poe, Edgar Allan.The purloined letter. Read Books Ltd, 2015. Rajan, Gita. "A Feminist Rereading of Poes The Tell-Tale Heart."Edgar Allan Poes The Tell-Tale Heart and Other Stories. New Edition(2014): 39-54. Rozenman, Michelle, et al. "The tell-tale heart: physiological reactivity during resolution of ambiguity in youth anxiety."Cognition and Emotion(2017): 1-8. Walker, Ian, ed.Edgar Allen Poe. Routledge, 2013.

Thursday, December 5, 2019

Treasury and Risk Management

Question: Discuss about the Treasury and Risk Management. Answer: Introduction: This report discusses about Hedging and its application through an example under Treasury and Risk Management. The investment avenues are always risky and the financial markets are subject to fluctuations which put the investments exposed to a high risk. Not only investment, business which run on different resources and raw materials (resources and raw materials are different as per the industry and sector in which it is involved), are also subject to high economic risk which may lead to change in the prices these resources and turn around the entire profit margins or the feasibility of the business being performed. Hedging is one such technique which the business may anticipate the trend and according take a safe risk position by entering into futures or options. Futures / Options are those financial instruments which are traded at a decided price against the current spot prices. Options make the contracts obligatory for the holder to execute while futures do not have any obligation associated with them. In this report we shall discuss on how any business entity may use the futures to hedge the risk involved in the price fluctuations. (NYU, NA) (Montana, NA) Hedge ratio is defined as the size of future contracts in relative to the spot price elements. It is formulated as: where, is the correlation coefficient between the spot price element and the future contract element ; s is the standard deviation of spot price element; and F is the standard deviation of future contract. (DAHL, NA) Futures have been one of the highly effective hedging techniques as understood from different literature and research works held (Actuaries, NA) (Giddy, NA) (Kenourgios, 2008). In this report, we shall apply the future hedging concepts and hedging ratios to understand their implications. Given is the case study of a company which uses Liquid X an alternative energy source. The recent movements on the price of oil have caused volatility in the price of Liquid X and so the company wishes to hedge its exposure to Liquid X. It is also given that the price changes of liquid X have a 0.7 correlation with gasoline futures price changes and the company will lose $500,000 for each 1 cent increase in the price per gallon of Liquid X over the next two months. It is understood that Liquid X has a standard deviation that is 50% greater than price changes in gasoline futures prices. Provided, futures contracts on Liquid X are non-existent and the company uses gasoline futures to hedge its exposure to Liquid X and assuming each gasoline futures contract is on 40,000 gallons; price of Liquid X post 2 months increased by 2% from $2.5 per gallon, the following questions are answered adopting the hedging techniques and concepts. What should be the hedge ratio in the use of gasoline futures to hedge its exposure? Given, Standard deviation of Liquid X is 50% greater than the gasoline, Minimum Variance Hedge Ratio = 0.7 * 1.5 = 1.05 What is the company's exposure measured in gallons of Liquid X? Given company will lose $500,000 for each 1 cent increase in the price per gallon of Liquid X over the next two months. The risk exposure is given at $500,000 per cent increase in fuel price per gallon Given, increase in price of Liquid X is 2% = 0.02*2.5 = 0.05 = 5 cents Thus the exposure is 5 x $500,000 for 5 cents which is equivalent for 2,500,000/2.5$= 1,000,000 gallons. Thus the companys exposure is 1 million gallons of Liquid X What position measured in gallons, what is the type of position should the company take in gasoline futures to hedge its exposure? Thus the company should take position of 1.05X1000000 which is equivalent to 1050,000 gallons in gasoline futures. It should take the long position while hedging as the prices are subject to rise. How many gasoline futures contracts should be traded in this hedging strategy? Given each contract has 40000 gallons of gasoline. Thus, 1050,000 gallons of gasoline futures correspond to 1050000/40000 = 26.25 contracts. Rounding off, 26 gasoline futures contracts should be traded in this hedging strategy. After two months, what is the gain/loss in the spot market and the trading gain/loss on the futures contracts in part d? After two months the spot price of Liquid x is given as = $ 2.5 x (1+2%) = $ 2.55 No of future contracts held = 26 No of gallons corresponding to the future contracts = 26 x 40000 = 1040000 The cost incurred to buy 1.04 million gallons of Liquid X: @ Spot Price of $ 2.55 per gallon = $ 2652000 @ executing future contract price of $ 2.5 per gallon = $ 2600000 Thus as the price has increased, the company will execute the future contracts and would be able to gain $ 52000. As may be observed form historical times, emerging economies always are vulnerable to the changes in the interest rates of the United States. In general, the emerging economies are dependent upon developed economies for capital sources, deficits and other financial supports. Thus change in interest rates in the United States would adversely affect these emerging economies like Asia. Every emerging economy has its own nature and thus the impact varies from economy to economy. The Asian economy has been observed historically to have adverse effect with the increase in interest rate of the United States due to increase in domestic interest rate, reduction in domestic consumption, fall in GDP, reduction in capital flows and so on. The details are more elaborately discussed below. The interest rates fluctuation would affect the GDP of the economies due to fall in consumption due to increased cost of borrowing affecting end utility costs in the economy. Increased interest rates in the United States attract investors to invest in the United States assets thus redirecting the capital flows and affecting the foreign investment into the Asian economy. The increased interest rate in the United States gets transmitted to the domestic economy and would reduce the exports further effecting the economic growth. The increased interest rate leads to appreciation of the United States dollar and thus results in depreciation of other currencies especially of emerging economies like Asia. As mentioned above due to non-uniformity of the emerging economies, the effect of the increased interest rates varies from economy to economy leading to increased volatility in the markets and risk in the investments. Overall, the increase in interest rate is not quite favorable to the Asian or emerging economies due to the above discussed reasons. (Acumen, NA) Bibliography Actuaries, NA. Hedging in Financial Markets, s.l.: Actuaries. Acumen, NA. What's the likely impact of rising US interest rates. [Online] Available at: https://acumen.sg/whats-the-likely-impact-of-rising-us-interest-rates/ DAHL, NA. Optimal Hedge Ratio, s.l.: s.n. Giddy, NA. Hedging Techniques, s.l.: s.n. Kenourgios, D., 2008. Hedge Ratio Estimation and Effectiveness. International Journal of Risk Assessment and Management. Montana, NA. Hedging Strategies using Futures and Options. Classnotes. NYU, NA. Risk Management- Profiling and Hedging. Stern.