INTRO: Money fluctuates within a person’s life time; however‚ money also rules the world. It can control whether or not one is going to be comfortable in life or forced to scrape at the edge with a spoon. It can bring out the worst in someone as well. Oliver Broudy writes an article how money can change a person‚ he says‚ “In fact‚ money can relieve us of even our most deeply held principles with the bored ease of an usher taking a ticket‚” (Broudy). In the world today there are three different
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How rich is rich in the Philippines? June 21‚ 2010 http://www.pinoymoneytalk.com/socioeconomic-class-philippines-rich/ Who are considered “rich” in the Philippines? For starters‚ you’re “rich” if you belong to the list of the Top 10 Richest Filipinos. However‚ even if your net worth does not run into billions of pesos yet‚ you may still be considered “rich” as per the definition of the National Statical Coordination Board (NSCB). Based on NSCB computations using the Family Income and Expenditure
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earth has been emphasized in the worldwide. In this case‚ many environmentalists claim that rich nations should bear more responsibilities for the environmental unbalance than poorer nations. In this essay‚ I would like to look at some of the reasons why advanced countries should be responsible for the damage they have done to our earth. First of all‚ developed countries have their historical responsibility and obligation to pay more for the worsening environment. It is believed that‚ in the last
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To Help or Not to Help: The Samaritan dilemma - Nivedita Ravi The Samaritan dilemma is a dilemma in the act of charity. This was proposed by James M Buchanan. According to this theory‚ when given charity‚ a person will act one of the two given ways: using the charity to improve their situation or look for charity as a means of survival. A similar situation arises when a country receives foreign aid. The donor country
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globalization‚ but countries are making huge strides towards it. There is a premise that globalization makes rich countries richer and poor countries poorer. However‚ I do not agree with this. Firstly‚ it is true that the rich may very well get richer by globalization. It opens up new investment opportunities and new growth and if they are wise they can benefit financially. Take the recent boom in emerging markets. It is mainly the rich who have access to invest in these markets‚ and thus‚ the rich get richer
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Do developed countries have a higher obligation to combat climate change? • This debate has been stimulated in large part by the Kyoto Protocol‚ which exempted developing nations such as China and India‚ from the same emissions-reductions obligations as developed countries. The principle underlying Kyoto is known as “common but differentiated responsibilities”‚ which continues as a centre piece principle for those calling on Developed countries to assume a greater responsibility. China‚ India‚ and
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Should rich people pay more taxes than poor people? Taxes are money that people and business must pay in order to support the government. The government uses the money for building roads‚ helping schools‚ and maintaining other public services. For example‚ parks‚ buildings‚ and more public utilities. People dread paying these taxes every year because large amounts of money get taken away. To make it fair‚ everybody should pay equal amounts regardless of their income. Both rich and poor should
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One of the many ways that the poor have unequal access to justice is not being able to afford their own attorneys. Court appointed attorneys are usually very young‚ inexperienced‚ and have massive workloads. Court appointed attorneys cannot defend a client in the same manner as a lawyer that cost $200 an hour. Most court appointed attorneys don’t get to meet with their clients often‚ usually meeting only a few times before the trial. Because the court appointed attorneys don’t get to meet with their
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Are the Rich Necessary? Economic Problem and Science If we can promote economic growth through cooperation‚ the scientific method could help us separate the truth and error to find the best approach for cooperation. However creating wealth is not the same as building a building‚ an engine and etc because same set of rules doesn’t apply to everyone. Economics is a human behavior and humans are extremely unpredictable. The Rich Some people referred to as egalitarians or equalitarian wishes
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The Poor Poverty is everywhere in the world. Not everyone knows that there are people that are poor right in their own back yard. The new Pope Francis is very big on helping the poor he has gave a lot of speeches about the subject. In the world there is around 1.29 billion people living in poverty‚ in the U.S.A there is around 46.5 million homeless‚ and around 6% of the people that live in Sidney Ohio are unemployed. To end poverty in the world would be great. It would take the whole world
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