which good repute in any highly organised industrial community ultimately rests is pecuniary strength; and the means of showing pecuniary strength‚ and so of gaining or retaining a good name‚ are leisure and a conspicuous consumption of goods. -- Thorstein Veblen‚ The Theory of the Leisure Class‚ Dover Books‚ 1994‚ page 52 ONE of the laments of contemporary political theory is the recognition that modern-day society is increasingly being characterised as a consumer oriented society. Theorists of contemporary
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Table of Contents I. INTRODUCTION 1 II. MERGERS & ACQUISITIONS DEFINED 1 III. WHY M&A? 1 A. PERFORMANCE 1 B. MARKET FACTORS 2 C. METHODS 2 IV. ISSUES 2 A. CULTURE AND EMPLOYEES 3 B. LEADERSHIP 3 C. CUSTOMERS 3 D. VEBLEN AND GOODWILL 4 V. MAKING M&A SUCCESSFUL 4 A. COMPANY TYPE 4 B. IDENTIFICATION OF OPPORTUNITIES 5 C. SPEED OF INTEGRATION 5 D. CUSTOMERS 6 E. COMMUNICATION AND CULTURE 6 VI. CONCLUSIONS 6 VII. OBSERVATIONS 8 REFERENCES 9 I. Introduction This paper presents
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other factors created capitalism - a new type of economy that resulted in a rapid growth of a middle class in developed countries. Middle class started to have money not only to cover their basic needs but also more. In 1899 Thorstein Veblen called it the “leisure class” (Veblen 22). But who do we call a consumer? To consume means to use things up‚ either by eating them‚ wearing them or playing with them and otherwise using them to satisfy one’s desires and needs. Since in the capitalist society uses
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Literature and Social Reality Sherra Weldon University of Phoenix Literature and Social Reality There were many social forces that influenced literature from 1865 to 1912. The most relevant social force was the growing divide in economic and social status. Numerous events occurred during this period that influenced the divide. One of the first and possibly the most influential‚ the Civil War. According to Reesman and Krupat (2008): The Civil
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Twelve Angry Men Research Task 1. Reginald Rose Biography (1920-2002) Reginald Rose was an American man born on the 10th December 1920 in New York. He is the son of William Rose‚ who was a lawyer‚ and Alice Rose‚ who was an Obendorfer. On September 5th of 1943‚ Rose married Barbara Langbart‚ and they had 4 children: Jonathan‚ Richard‚ and twins Andrew and Steven. But this marriage did not last and on July 6th of 1963‚ Rose married Ellen McLaughlin‚ with whom he had another 2 kids: Thomas and
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Polity . Volume 37‚ Number 1 . January 2005 r 2005 Northeastern Political Science Association 0032-3497/05 $30.00 www.palgrave-journals.com/polity Fashion and Democratic Relationships* Joshua I. Miller Lafayette College Clothing has political significance because it affects the relationships among citizens. Clothing is not simply a private or personal matter; it implies the existence of an intersubjective social world in which one presents oneself and is seen by others. In examining the implications
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1 9/11‚ FOREIGN THREATS‚ POLITICAL LEGITIMACY‚ AND DEMOCRATIC SOCIAL INSTITUTIONS By Jon D. Wisman1 Inter arma silent leges (“In times of war‚ the laws are silent.” Ancient Roman maxim) “Of all the enemies of public liberty‚ war is perhaps the most to be dreaded....armies‚ debts and taxes are the known instruments for bringing the many under the domination of the few....No nation could preserve its freedom in the midst of continual warfare” (Madison 1795: 491). “In politics‚ the emotions
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to explain social and historical phenomena in terms of one principal or determining factor. It is a doctrine of historical or causal primacy. The term ’technological determinism’ was apparently coined by the American sociologist and economist Thorstein Veblen (1857-1929) (Ellul 1964: xviii; Jones 1990: 210; see Veblen’s ’The Engineers and the Price System’). that technology in turn has "effects" on societies that are inherent‚ rather than socially conditioned or produced because that society organizes
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The science of Economics first developed in 1305 in France. Merchants traveled from region to region to trade with other merchants. Inside the tents that merchants kept their goods in‚ there were lists that stated loan amounts. In 1550 in Germany‚ Andreas Ryff described that trading with other regions was difficult because of the varying measuring systems and the tolls. Next in Boston in the year 1639‚ a man was sentenced to punishment for making a large profit. Before Economics existed‚ many societies
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Outline who are the winners and losers in consumer society. Post-industrial society‚ consumer society‚ society where consumption is more important than occupation‚ society whose main feature and most visible is the acquisition. Consumption has changed the look of main streets – more eating places‚ less local shops‚ and changed edges of the cities – new retail parks‚ many shopping malls. This distinguishing mark has divided contemporary society. As Zygmunt Bauman and main concept of his theory
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