How important is social stratification to civilization Essay

How important is social stratification to civilization - Essay Example uss the importance of social stratification to civilization by using examples such as Egypt, Rome, China, Vietnam, Egypt and Greece to show how societies in these countries depended on social stratification. Without social classes, the whole system will collapse as social classes hold it together. The king may turn into a dictator and order the killing of those who are not in support of him, the workers and slaves may commit mutiny, the merchants would refuse to sell their goods and even the high priests would all fight in order to get the throne. This would create a very chaotic scenario. Social classes, therefore, define the position of an individual in society be they a slave or a worker in the Army.1 An instance can be shown such as in Africa, Egypt; the society was structured like a pyramid. At the top were the gods who were believed to control the universe and so they needed to be kept happy as they had the ability to make the Nile flow for instance or cause famine and death. They could elevate some humans to be gods, the pharaohs, for instance, who had absolute power over their subjects and had many responsibilities among them protection of the people. Individuals in Egypt abused their powers by the establishment of leaders amongst themselves and hierarchy that was based on the wealth and individual importance. This led to destructive forces for the fragile societies leading to the disappearance of lasting civilizations. In Rome, there were two distinct political classes, the rich and powerful and the merchants, farmers, soldiers, and artisans. The patricians expelled the king and instituted a whole new government and monopolized all political offices in Rome. Even though the patricians were confident in their wealth, they could not survive without the others who mainly served to provide food. There was the lack of autonomy and welfare, and so social stratification did not exist. This serves as a basic example of the effects of a collapse in the social

The Locus of the Financial Crisis Essay Example | Topics and Well Written Essays - 13750 words

The Locus of the Financial Crisis - Essay Example This study argues that a balanced strategy is superior to its unbalanced counterpart for a developing country like Thailand, where the domestic savings rate was quite high. In other words, a balance should be made between the various sectors of the economy: agriculture, manufacturing, service and information, between long and short-term goals, and between domestic and international economic climate in order to achieve sustainable growth. Although an unbalanced growth strategy may lead to a higher short-term growth rate by over-investing in directly productive activities (DPA) over social overhead capital (SOC) or otherwise, much of its success would depend on the external economic climate. Because an external climate may not be favourable to national development and often depends on political conditions elsewhere, policymakers of dependent capitalist countries should not rely on such an approach. Moreover, a low and sustainable growth rate appears to be better than a rapid but volati le one in terms of various development indexes such as income distribution and poverty alleviation. The only viable alternative to a balanced growth strategy for a national economy is the pursuance of a balanced growth approach by the global economy, because over-investment in a certain sector of a country can be supplemented by an under-investment by another country. This study argues that a balanced approach should be made across countries not only regarding economic growth but also regarding issues such as self-esteem, freedom, status, or title. For this kind of global co-operation to take place, a concerted effort will be needed from all quarters.Furthermore, the mainstream economic theories (monetarists/rational expectation) should be applied carefully because these theories consider speculation as a factor of stabilization.