Wednesday, October 9, 2019
Research Data Memo Essay Example | Topics and Well Written Essays - 750 words
Research Data Memo - Essay Example It is calculated as: As we can see most of the variables have relationships with the price of the apartments. The price of the apartments is most strongly related to the number of bedrooms. The lower limit of the 95% confidence interval of the correlation between price and the number of bedroom is 0.30 whereas the upper limit for the same is 0.61. The positive value of r indicates that the price increases as the number of bedrooms increase in the flat. As expected from intuition, the price is inversely related to the distance of the apartment from the town. As the distance from the town increases, the price of real estate decreases. Both the lower limit and the upper limit of 95% confidence interval of r is in the negative region. The number of pools is also inversely related to the price of real estate. The upper limit and lower limit of the correlation coefficient is both in the negative region which implies that in 95% of the samples, the two variables will have a negative relationship amongst them. The variable Township is positively related to the price of the real estate for the data set given. But, the lower limit of the correlation coefficient between the two variables is negative indicating that in certain data sets, the relationship between the two variables might be negative indicating that the price of the real estate decreases as the number of township increases. Possible reason for the same might be the increase in the congestion levels which may result with increased number of townships. Generally, Pearsons r coefficient is significant when it is higher than 0.2 with degrees of freedom 103 and p
Tuesday, October 8, 2019
Macroeconomics Coursework Example | Topics and Well Written Essays - 250 words - 1
Macroeconomics - Coursework Example Upon shifting the curve W, the new equilibrium point will likely be at R. This is an indication of injection of income into the market cycle by either the households or the government through various spending activities. An excess in the withdrawals more than the injections will imply that there shall be less investments. Consequently, an excess in the withdrawals implies that households are saving some of their income and not spending it; thus, leading to a reduction in the circular flow of income (Carlin & Soskice, 2006). An increase in the government spending would imply increase in injections that would result in an upward shift by UT. Equilibrium will now be attained at point U being the point where the new injections curve will intersect with the withdrawals curve (Carlin & Soskice, 2006). As a result, there will be a rise in the national income by an amount of BC denoted by Jââ¬â¢. a. Find data for nominal GDP at US dollar current prices with a base year of your choice and calculate real GDP for Australia, France, Germany, Greece, Ireland, Japan, UK, and USA from 2005 to 2014. Present the data on a
Monday, October 7, 2019
Why executive compensation is out of control Essay
Why executive compensation is out of control - Essay Example Many investors in the stock market all over the world believe that executive pay is running out of control. There is worrying trend especially in the United States where the annual salary of an average worker is the amount of money an executive receives in a day. Critics believe that executive bosses are not worth the amount of compensation they receive. Despite falling stock shares in the market, executives still receive large amounts of compensation. Stock market investors believe this should not be happening since their performance does not correspond to earnings. At a moment where recession and unemployment is high in many countries, it does not make economic sense to have executive bosses receive such a large amount of compensation. The excess pay awarded to them should instead be invested in the public sector and this consequently shows how executive bosses have little concern about their countries and the citizens. Economists believe that in order to clear the economic instability being experienced in the world currently, it is important that the pay of executives be tied to performance (Bebchuck, 2010). Most executive bosses control their board of directors hence they still manage to earn exaggerated compensation. The board of directors should however be able to control the compensation got by this executives and their compensation should be tied to performance instead of the power an executive has in the board. This shows how corporate governance is continuously being under rated with a show of little economic sense when just a few people are left to joke around with investorââ¬â¢s interests. The fact that executive compensation is determined by market demand, most executives are continuously receiving an exaggerated compensation in comparison to an average worker. Critics believe that the market forces such as demand and supply should not entirely determine their compensation and it should however
Sunday, October 6, 2019
Fordism Essay Example | Topics and Well Written Essays - 1500 words
Fordism - Essay Example Moreover, the essay discusses the strengths and limitations of each form of work process for employers and employees. Lastly, it critically examines whether these theories are relevant to the work in the contemporary organization. Fordism refers to a notion of modern social systems and economic growth. It bases its concept on industrialization and a standard form of production for the sustainability of population growth. It gives emphasizes on the change in working conditions of workers. It is a form of production used in automotive industries to increase production (Fincham and Rhodes 2005, p. 231). It focuses on producing goods at low costs giving its workers' decent wages. For the mass production to occur it uses special purpose machinery. The form of production applied the three principles to enhance the mass production. First, they employed special machines, which operate on an assembly line (Buchanan and Huczynski 2010, p. 121). These machines did not require skilled employees because one employee did one task repeatedly. Second, standardization of products, this is to say that nothing was hand-made. All their products were made using machines (Fincham and Rhodes 2005, p. 121). Third, they focused on the welfare of the workers. The workers were paid high wages so that they can afford the products they made; this was to avoid theft cases. In his principle, Henry Ford the founder of Fordism simplified work-using assembly lines. This is where a worker did a certain task repeatedly. Research shows that, Henry Ford was not the original founder of assembly lines he increased its efficiency. This form of production increased affordability to the average consumer. Increase in wages reduced worker absenteeism increasing the production turnover to 400 percent annually. This form of production encouraged specialization within the organization hence quality in the production of goods. Fordism as a form of work process has different strengths. First, the use of assemb ling lines as a form of production encouraged specialization. This is because one worker did the same task repeatedly hence specialization. Specialization results for quality and quantity production. Thus, the goods produced, were quality thus attracting a wide market (Lister 2010, p.51). This led to more profits on the part of employers. In addition, the high wages given to the workers encouraged them to give quality service. As stated above the production increased by 400 per cent because of the high wages given to employees (Buchanan and Huczynski 2010, p. 121). Theft cases did not occur among the employees because of the high wages and they could afford the goods, which they produced. Even though the work was tedious, the employees had a sense of security for their work because of the presence of the industrial unions, which bargained for their wages. On the other hand, Fordism had its own limitations. This particularly resulted in the onset of development of Post- Fordism by An tonio and Bonanno (Lister 2010, p. 95). They said that this form of production was not efficient because the population had reduced due to the effects of World War II. The goods produced remained that means that the demand had reduced making this form of production ineffective. This form of production was rigid and did not encourage the introduction of new ways of production. With the monotonous work, the workers got bored with time and they stopped providing quality services. Due to
Saturday, October 5, 2019
Cloud Assignment Example | Topics and Well Written Essays - 500 words
Cloud - Assignment Example Users will use this to interact with the cloud services. For instance, users need a browser that will enable them to access a wide variety of applications at the same time (Collins, 2014). They can access word applications, sophisticated programs, and electronic mail services. An example is the email services where the user requires a browser to access storage and software that is on the cloud host. Essentially, a cloud computing architecture comprises of a front-end and a back-end. The back-end consists of the storage and the servers. On the other end, the front end is made up fat and thin clients. In addition, there is a delivery system based on the cloud and the network. The choice to either rent a cloud computing facility or to purchase hardware is dependent on a number of constraints. First, is the population of the company against the monthly charges per terminal. The larger the organization, the individual cost will be lower but the overall cost, when projected on a long term basis, is very costly. In such a case, it is advisable to purchase hardware for the organization. When running significant database systems, it is cheaper if the organization avoided renting the facility. Making the most out of a cloud facility may be hard because they have fixed instance sizes. With your installation, it gives you the flexibility of creating dimensions of your choices (Jamsa, 2013). The experience with cloud providers is the significant acceleration of CPU speed and the memory. However, the world outside demands you have one flanking the other. Challenges coming with colocation include availability of in-house expertise. It ranges from establishing your network, acquiring equipments that may be expensive. Also, your data centers have to be up twenty-four hours seven days. The additional cost here is to have staff on call and ready to move. Otherwise, you incur extra costs hiring somebody to fix these problems. There is no option other than purchasing
Friday, October 4, 2019
Allegories of Life Essay Example for Free
Allegories of Life Essay In The Allegory of the Cave, Plato uses a vast spectrum of imagery to explain ones descent from the cave to the light. While Plato uses this Allegory to explain his point through Socrates to Glaucon. This allegory has many different meanings. The Allegory can be used in many different ways, from religion to politics to ones own intellectual enlightenment, or it can be interpreted as the blinded person in a colt like reality. Are we all prisoners in a world that is forced on us through the media? How do we really know that we are not just pawns in some oneââ¬â¢s chess game. What meaning was Plato trying to introduce to Glaucon? This cave can represent many aspects in the world. And the prisoners can be any one. The puppeteers can be a symbol for people or for the things in life that hold us back from seeing and thinking clearly. As we look further into Platoââ¬â¢s work we will explore many different meanings for this allegory and attempt to give our life some meaning. I would like to start off with a summary of the allegory of the cave as I have understood it. In the the cave there are a group of prisoners bond form their neck to their feet facing a stone wall. They have been their since childhood. All they know of is what the puppeteers have shown them through the fire images. They hear sounds made by the puppeteers. And the shadow of images cast from the fire. They think that this is reality because it is all they have ever known. One prisoner is lead away from his shackles and is lead out of the cave. He his blinded by the sun at first. Once his eyes had adjusted to the light he seeââ¬â¢s a tree a real green tree that is alive. Not the shadow of a tree shown by the puppeteers. The prisoner also seeââ¬â¢s his reflection in the water. He seeââ¬â¢s the world in its entirety. He has been enlighten. Just as the prisoner was getting a grasp of the real world he is lead back into the cave. The other prisoners are mocking him for what they thought of as a loss of sight. He tryââ¬â¢s to explain to them what he has seen. But there pet ty little minds canââ¬â¢t grasp what he has seen nor do they believe what he says they have not seen it for them self. To understand what Platoââ¬â¢s passages meant is to try and understand yourself. Individual enlightenment is one way to analyze Platoââ¬â¢s Allegory of the cave. As children we are like those prisoners In the cave. Our parents shield us from the ugly cruel world. Until one day we are introduced to what the world is all about. As a child I feel I was shield from a lot of things death, divorce, heartache and pain. My grandfather died when I was seven, until then I didnââ¬â¢t think that life could be so unfair. But life is unfair at times and its is more than fair at others. We all have a cave in life and when we think outside the cave walls we will break free from the individual cave we make for our self. Life is all about pushing your self to the limits, finding out just what you can and what you canââ¬â¢t do. The stereo types or labeling we place on others can be a form of a cave. The cave is just a symbol for limitations we have. Until we have been enlighten we will never escape from the cave of life. At times we all need to be our own Plato and lead our self out of the cave. Like Plato Socrates and Aristotle the great philosophers of the past we all need to challenge societyââ¬â¢s way of thinking. If you never learn to think for your self then whatââ¬â¢s the point of going off to college and finding yourself. Live your life the way you see fit, love who you want to love. Stand out and dance in the rain if it means being who you are. Escape from your individual cave and see the light. Let the puppeteers know you know what reality is and you can think for yourself. Secondly there can be a religious allegory of the cave. The figures that were shown to the prisoner in the cave could be viewed as idols praised by the prisoners and puppeteers. Religion can be viewed by some as a cave. Being kept in the dark of there religion and forced never to see the light. Some religions brain wash there followers to see things only there way. If you donââ¬â¢t see, act or think how there religion views you should be. they may kill you. The Amish religion can be view like the prisoners in the cave. They are taught from a small age that God is all you need and the everyday life most Americans live is a blasphemy of God. They live a simple life most have no electrical devices and choose to dress modestly and in plain colored clothing. Some Amish travel to towns for supplies but most tend to grow everything there self. Children are shielded from the outside world until there teenage years when they participate in rumspringa. This event is where teenagers are given the choice to stay within the Amish culture or they ch oose to be an outsider. In summary the Amish are similar to the prisoners in the cave being told what to do and how to act there whole life until the day they can see the world and make their own choices. One important note most Amish teenagers choose to stay within the Amish community. Cults are similar to the Allegory of the cave. Members are kept in the dark, from what the real motivates behind the puppeteers actions are. Once one is lead away from the cult and one seeââ¬â¢s for them self that there is more to life than what cult has shown them. They are enlightened and can see and choose for them self what they choose to be real or imaginary. There is also a political cave, and we Americans at times get blind by what we want to see. Then we never really see the truth behind the facade. As well know the truth is harder to see and recognize. We see what we want to see as the truth. The politicians are the puppeteers and we the citizens are the prisoners. We see and hear what they want us to know. And as we all know when we step outside from what they want us to know the consequences can be death. The government tells us what we can and canââ¬â¢t do by the way of the justice system, not saying that its wrong. But it seems the more money you have the more you can get away with . The political cave has many different levels and different puppeteers, we as common citizens will always be the prisoners to a higher power that can clinch its fist at any time and change how we live our life. One of the most common caves we put our selfââ¬â¢s in is the intellectual cave. You can be placed in to the cave because of where you live or how you perceive yourself. The intellectual cave of life. So many face this cave and donââ¬â¢t have the courage or resources to step into the light. What some Americans take for granted is a quality education. There are so many prisoners of the intellectual cave, some are put there by their own doing. It seem better to work a minimum wage 9 to 5 everyday than to spend that time getting a higher education. The very extremes of this type of intellectual cave is being a drug dealer these persons feel they can make more money selling drugs and book smarts wont get them anywhere. But what these select individuals donââ¬â¢t understand that is that getting a better education is the key to getting what they want out of life and making a better future for their family then what was hand to them. The ones addicted to the drugs they sell are in a cave all of there own. Most say when they do reach that point of sobriety its like coming out of the darkness, like they have been lead out of the cave of addiction. After having read Platoââ¬â¢s Allegory of the Cave, I fell I have been enlighten even more. This isnââ¬â¢t the first passage of Plato I have read, it does have a lot of information in very few lines. The Allegory can be used in many different ways, from religion to politics to ones own intellectual enlightenment, or it can be interpreted as the blinded person in a colt like reality. I have discussed in the previous chapters the many different types of caves this allegory can portray. We may never know what platoââ¬â¢s literal intentions were. What the cave and prisoners were really an analogy for. But I believe that was platoââ¬â¢s point in writing this allegory in such a way that it could have all different types of meanings. This passage was written thousands of years ago but all of his words still fit this day and time, and will reach far into the future. We as young adults need to help those left behind in the cave and open there eyes to the light of enlightenment. Weather it be leading them out of a gang or off of drugs. A brighter more prosperous future shouldnââ¬â¢t only be for those more fortunate than the many. For those left in the religious cave of life one day the vale shall be lifted and there freedom will come to them as well. They will one day be able to make their own religious choices for their self. Platoââ¬â¢s allegory of the cave will be past down from generation to generation.
Thursday, October 3, 2019
Impact of Capitalism on Environmental Sustainability Goals
Impact of Capitalism on Environmental Sustainability Goals Assignment title: How Significant Is Capitalism Towards Impeding Environmental Sustainability Goals? Introduction There seems to be a universal agreement across nations, social economics and cultural classes that human beings face numerous and unprecedented challenges at the economical and environmental levels. Due to the scarcity of natural resources, theres a severe degradation of the planet, poverty, food shortage, and demographic shift due to urbanisation, globalisation as well as the global economy that is today increasingly becoming complex, fragile and interconnected thus presenting some of the significant challenges to environmental goals. The aim of this paper is to explore how significant is capitalism towards impeding environmental sustainability goals. To achieve this goal, this paper will examine some of the basics of capitalism with regard to the exploitation of resources and people for profit. The paper will also utilise political theory such as Realism and Constructivism in order to understand why countries are opposed to agreements for environmental sustainability. Further, this paper will attempt to discuss some of the issues that have impeded the realisation of sustainable capitalism through the use several empirical studies that illustrate the compelling economic concern for environmental goals. Most of the studies show that it is a good business practice to undertake a more conscious, mindful and sustainable approach, but that is not always the case as many states do not want to reduce environmental populations with the fear of losing their competitive advantage in the global market.Ãâà This paper has found that capitalism impedes environmental sustainability goals through global competition of limited resources. In fact, countries such as China and the United States have no limit on the emission level of greenhouse gases in order to remain competitive and industrialised, and thus degrading the environment. Capitalism and Environmental Sustainability It is first important to understand what is capitalism and environmental sustainability goals and how both relate to each other within the perspective of global economical development. According to Mariana and Barkley Jr (2003) capitalism involves an economical system that is based on private ownership as one of the factors of production as well as their operations for profit making. In a capitalist economy, investments and decision making are largely determined by owners of the private businesses in capital and financial markets, while distribution and prices of different goods are determined by competition within the local and global market. Environmental goals or sustainable objectives are generally a multitude of internationally agreed objectives and goals regarding environmental, which are part of the essential documents of United Nations summits and conferences resolutions of the General Assembly (UNEP, 2016). Environmental goals are decisions made through global intergovernmen tal conferences as well as multilateral environmental agreements of their governing bodies. In fact, the compendium of environmental goals is referred as the Global Environmental Goals (GEGs) (UNEP, 2016). Having described capitalism and environmental goals, there are some correction that hold between the two terms that is today under global debate. Having said that, in the current conditions that is characterised by immerse globalisation, gaps between states as well as different social categories, the environmental goals becomes a essentials for all nations across the globe. The Significance of Capitalism towards impeding Environmental Sustainability goals Beginning with 1972 UN Stockholm conference about global development, sustainable and eco-development development become the major topic of the year. However, in the same year, the UN published its first report titled Limit to Growth that presented several economic issues, environmental pollution, increased depletion of natural resources, accelerated population growth and their significant relationships. In the following year, the UN established the International Commission for Environment and Development and established the term sustainable development in their report titled Our Common Future. in this view, the term sustainable development represents the kind of global development within the capitalist market which has the ability to achieve the requirements of current generations without compromising the capacity of future generations in order to satisfy their own personal needs.Ãâà In this regard, its clear that the goals of the UN from the start are to help capital market t o be responsible in protecting the environment. It is also clear that many business and business owners in the past and presently are impending environmental sustainability goals. For instance, we have experienced several oil spills in different parts of the world. On May of 2016, over 2,100 barrels of oil spilled into the U.S Gulf of Mexico (Wade, Cohen and Varghese, 2016). Even though the cause of oil leak is still not established, the oil leaked from an undersea pipeline system that is operated by Shell Company leading to death of many aquatic animals. The U.S Bureau of Safety and Environmental Enforcement (BSEE) stated that the spill has been observed as a 2 mile-by-13 mile sheen on the water surface as it can be observed in image 1 below. à à The British oil company, Shell was also involved in another yet oil spill, this time in Nigeria, Niger Delta region. The oil company has been sued in the U.K Courts for decades of oil leak in the Niger Delta. In fact, the environmental issues in the Niger Delta have been related to the oil industry. A report by Vidal (2010) posted in The Guardian indicated the extent of the oil spill in Niger Delta was over 1.89 million barrels of oil were spilt between 1976 and 1996 affecting approximately 220 thousand cubic metres. In addition, the UNDP (2006) report indicated that a total of 6,617 spills between 1976 and 2001, which is as a result of over 3 million barrels of oil, where 69 percent of these spills happened off-shore, a quarter occurred in swamps and approximately 6 percent on land. As a result, farmland and forest are now covered in sheen of greasy oil (Vidal, 2010). Moreover, the 40,000-people belonging to the Ogale Community in River State in Nigeria who are mainly farmers and fishermen are largely affected (Mustoe, 2016). Since the 1989 oil spill, they dont have clean drinking water, farm land as well as the river they once claimed. The findings by Amnesty through the 2011 report by the UN Environmental Programme found water in the Delta region of Nigeria to be contaminated with oil by-products including benzene that is thought to be a carcinogen. The report suggested a clean-up by the Shell Company a sustainable recovery that could take up to approximately 30 years (Mustoe, 2016). The major cause of the leak is as a result of oil theft by local people for illegal refineries. However, Shell Company lacks adequate facilities and technology to stop the spill in case of any leak in the pipeline. Thus, the company has failed to invest the right technology that could eventually prevent environmental damage. In the above case of oil spills in the environment, environmental ethics plays a crucial role. According to the Stanford Encyclopaedia on ethics (2015), environmental ethics is the scope in philosophy that shows the moral relationship of individuals as well as the value of moral status of surrounding environment and its non-human contents. The significance of capitalism toward impeding environmental sustainable goals can also be explained through theories of international relations. Theories of such as Realism and constructivism help to explain how global system works. These theories are based on the idea that countries often act in regard to their national interests. A country interests always include self-preservation, economic prosperity, military and influence over other nations. However, many countries aim at fostering peace and economical trade. Therefore, in pursuit of economical prosperity, states might engage in different activities that might influence environmental goals. For instance, according to realism, countries operate only in order to increase their power relative to other nations and environment. A realist nation claims that the world is competitive, dangerous and a harsh place and therefore, the only way to be successful are to gain as much power as possible (Carr, 2001). This indicates that a power ful nation will often be in a capacity to outdo weaker competitors. Therefore, in regard to environmental ethics, such countries fail to protect environment as their exploit any available resource in order to remain in power both military and economically. For example, China has become the number one air polluter as a result of industrialisation. The country suffers more air pollution than any other country across the globe. Approximately two third of Chinas 360 million urban people suffer from unhealthy air pollution. China also leads with greenhouse gases emission that leads to climate change (Vandenbergh, 2007). According to Le Quà ©rà ©, et al., (2009) Chinas carbon dioxide emission tripled between 1990 and 2008. Thus, environment in China is expected to get worse as the country is increasingly constructing unbelievable amount of coal electric power plants. In addition, the number of vehicles in China is drastically increasing. Gregg, Andres, and Marland (2008) notes with the increases number of industries in China, the country is expected to increase the release of harmful gases five times in the next 25 years that what is estimated by the Kyoto Protocol to be saved. Failure of control of pollution and gases emission by china are leading other western nation to produce environmental problem. China gas emission has become a common debate in America in regard to climate change. Congress often makes two arguments in regard to China on the issue of opposing federal climate change legislation as well as international climate change treaties. In this view, the first argument that the U.S. makes is that it will lose jobs specifically to China if they regulate the cost of emitting greenhouse gases, which China will not. The second argument is that it is unfair for China to be allowed to continue emitting greenhouse gases when the U.S. is restricted its emissions. In addition, many politicians in America claim that the environment will suffer in case the U.S. limits its emission and counties such as China do not. Such an approach led the Senate to vote 97-0 in 1997 supporting the U.S will not be a signatory to any environmental protocol that aims at reducing greenhouse emission unless such protocol or agreement is scheduled to commitment of limiting greenhouse emission to other counties with the same compliance period. Therefore, the United States refused to ratify the Kyoto Protocol due to similar concerns that China continue to pollute the environment through their vast industries. As a result of global warming that is largely contributed by capitalism, a report few months ago noted that the North Pole ice cap is melting in a much faster manner than previously believed. In addition, the greenhouse gas impact has increase by 20% since 1990 (In defence of Marxism, 2016). Moreover, NASA scientists reported that glaciers are melting at a rate of 6 feet per year in 2000, but today it is melting at a rate of 75 feet per year (In defence of Marxism, 2016). In addition, it is evident that deserts have been expanding across the plant, from 624 sq miles per annum in the 70s to 1374 sq miles in the 1990s. Indeed, many of these changes have been brought by the acts of human being of degrading natural resource in pursuit of profit. Conclusion In conclusion, it is true that capitalism has impeded sustainability. From a global perspective, organisations are competing with each other to manufacture and distribute goods to every corner of the world. In addition, countries are competing to establishing as many industries are possible to in order to remain competitive and powerful. Countries are using fossil fuels such as petrol, gas and natural gas to cause carbon dioxide that contribute largely to global warming. This paper has established that companies such as Shell Petroleum have been involved with destruction of environment through oil spill.Ãâà It is with no doubt that oil spill that has happened has occurred in pursuit of profit. The company is being accused of failing to invest in the latest technologies that would stop spill in case of any oil leak within the pipeline. As a result, environment has been damaged and everything that depends on it from animals both in the land and water to human being suffers. Secondly, this paper has established that capitalism has impeded sustainability through the failure of different states to limit their emission of greenhouse gases.Ãâà There has not been an agreed protocol or an agreement on the level of greenhouse emission internationally. China has one of the highest greenhouse gas emissions that pollute the environment. In this case, other Western countries like the U.S fear that they would lose jobs to China if they agree to limit the level of emission greenhouse gases. Consequently, these trends can be reversed especially is the U.S and China governments, which are the biggest contributors to greenhouse gases agree on the maximum amount of emission. Indeed, this would affect the amount of fossil fuel such as coal, gas and natural gas consumed, which are the core causes of carbon dioxide emission and thus, global warming. As vehicles account for large amount of carbon dioxide production in many countries, the governments need to mandate the conversion of gas-propelled cars to electricity. Today we have the technology for producing electricity cars, thus such program would pose no environmental issues. In addition, countries need to adopt the construction of environmentally-friendly building in order to reduce the use of greenhouse gases. It is the hope of many environmentalists across the globe that many capital owners and businesses take into the consideration the current evidence of global warming in support of achieving the environmental goals and as well begin to think on how they can holistically achieve the ability to create value for environmental, society and shareholders simultaneously. Finally, a decisive action need to be taken in order to save planet Earth from forces posed by global warming, otherwise it will be irreversible. References Carr, E. (2001). The Twenty Years Crisis, 1919-1939: An Introduction to the Study of International Relations. Edited by M. Cox. Hampshire; NY: Palgrave. Gregg, J. S., Andres, R. J., Marland, G. (2008). China: Emissions pattern of the world leader in CO2 emissions from fossil fuel consumption and cement production. Geophysical Research Letters, 35(8). In defence of Marxism, (2016). Capitalism and the environment, Available at: http://www.marxist.com/capitalism-environment-ecology-marxism210806.htm Accessed: 12/1/2017. Le Quà ©rà ©, C., Raupach, M. R., Canadell, J. G., Marland, G., Bopp, L., Ciais, P., Friedlingstein, P. (2009). Trends in the sources and sinks of carbon dioxide. Nature Geoscience, 2(12), 831-836. Mearsheimer, J. (2001). The Tragedy of Great Power Politics. New York: Norton. Mariana. R. and Barkley Jr. J. (2003).Comparative Economics in a Transforming World Economy. MIT Press. Stanford Encyclopaedia on ethics, (2015). Environmental Ethics, Available at: https://plato.stanford.edu/entries/ethics-environmental/ Accessed: 13/12/2016. UNEP, (2016). Welcome to the Global Environmental Goals (GEGs) Live Tracker. [Online] Available from: http://geodata.grid.unep.ch/gegslive/ Accessed on 12th Jan 2017. Vandenbergh, M. P. (2007). Climate Change: The China Problem. S. Cal. L. Rev., 81, 905. Vidal, J. (2010). Nigerias agony dwarfs the Gulf oil spill. The US and Europe ignore it. [Online] Available from: https://www.theguardian.com/world/2010/may/30/oil-spills-nigeria-niger-delta-shell. Accessed on 12th Jan 2017. Wade, T., Cohen. L. and Varghese, A. (2016). Shell Oil Spill Dumps Thousands Of Barrels Of Crude Into Gulf Of Mexico. [Online] Available from: http://www.huffingtonpost.com/entry/shell-oil-spill-gulf-mexico_us_57353058e4b060aa7819ee00. Accessed on 12th Jan 2017.
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