by its citizens. Every male citizen over thirty years of age‚ of whatever class or wealth‚ was eligible to serve (for pay) on juries that decided legal cases. To insure accountability‚ magistrates presiding over cases could be charged with violations of the law by complaints from private citizens. Equality before the law was an important value in their system. Then philosopher Aristotle wrote “Now‚ absolute monarchy‚ or the arbitrary rule of a sovereign over all citizens‚ in a city which consists
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RULES GOVERNING SHIPMENT BY SEA: HAGUE RULES‚ HAGUE-VISBY RULES AND HAMBURG RULES The nature of the Hague-Visby Rules was discussed by the House of Lords in The Hollandia [1983] AC 565 (HL). The plaintiffs (shippers) shipped a piece of road-finishing machinery on board a Dutch vessel‚ ‘The Morviken’‚ belonging to the defendant carriers to Bonaire in the Dutch West Indies. The bill of lading issued in England limited the carriers liability to Dutch Florins 1‚250 ($250) which was less than the 10
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10.1 HSC Topic One – The Global Economy Investigate the global distribution of income and wealth-- When analysing the specific distribution of wealth and income at a global level‚ the frequency of the term ‘Inequality’ is quite often brought to attention. This is simply because (and as expanded upon below) the distribution of wealth is anything but equal. To present a proverb or maxim of sorts‚ “The rich continue getting richer‚ while the poor; poorer”‚ generally summing up the current state
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In The Wealth and Poverty of Nations: Why Some are so Rich and some are so Poor‚ David Landes sets out to elucidate the causes of the divergent destinies of different economies. In doing so‚ he presents economic history as a profoundly Eurocentric anecdote. He posits that Europe’s industrial revolution is the epicenter of modernity and the means of how some--largely western Europe and northwest Europe’s settler ex-colonies--have grown rich. He also conceives‚ that relative poverty elsewhere is
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The unequal distribution of wealth has always been a huge problem that has plagued society throughout the ages. As forms of governments of each nation have changed‚ the unequal distribution of wealth has remained a constant. Even in Communist countries‚ which were supposed to eliminate this problem by abolishing the private ownership of land‚ the unequal distribution of wealth was still a problem in their society. It is difficult for society as a whole to make advancements‚ because of the unequal
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Community Cultural Wealth by Dr. Taray-Yosso cultural wealth is defined as an areal of knowledge‚ skills‚ abilities and contacts possessed and utilized by communities of color to survive and resist operations. Although cultural wealth deals with the many skills aspects of economic growth‚ both of which are crucial to the attainment of higher education nonetheless cultural wealth can be categorized into three defiant groups known as cultural ties‚ cultural capital and cultural wealth. The success of
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Wealth Inequality Wealth inequality can be described as a lot of different things. The one that comes to mind the most though is the gap between the rich and poor. This gap is made up of a variety of different things. The one that comes to many minds is the tax code system. In order to correct the wealth gap in the United States efforts should be made to change the tax codes to close the gap between the rich and poor. THE WEALTH GAP The wealth gap is the difference between the rich and the poor’s
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Mary Political Economy January 10‚ 2010 Do Sovereign Wealth Funds Pose a Security Threat to Western States? Sovereign wealth funds have been on the international economic scene since the middle of the 20th century. The Kuwait Investment Authority‚ for example‚ was created in 1953. (Lyons‚ p.25) However‚ until lately they had gone either unnoticed or ignored by the majority of political commentators. Several factors have brought them to the center of attention in economic and political
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Expository Writing 1 November 2013 Wealth Fame‚ fortune‚ and extravagant lifestyles‚ we all desire them in certain ways‚ but what is it that makes a person truly feel wealthy? Wealth as defined by Merriam-Webster is (noun) 1. a large amount of money and possessions‚ 2. abundance of valuable material possessions or resources‚ 3. abundant supply‚ and 4. all property that has a money value or an exchangeable value. It originally comes from the 13th century: from Middle English welthe‚ from
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“Wealth inequality can be described as the unequal distribution of assets within a population. The United States exhibits wider disparities of wealth between rich and poor than any other major developed nation‚” (www.inequality.org) There are two factors that I believe contribute to the wealth gap are income and race inequalities. As the gaps widen within those two factors‚ the wealth gap in the United States continues to grow exponentially. Is there a difference between being rich and being wealthy
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