Company Law for General Duties of Directors- myassignmenthelp

Question: Discuss about theCompany Law for General Duties of Directors. Answer: From the given case study, it has been analysed that Corporations act of Australia, 2001 has defined various fiduciary duties of the directors which will effectively evaluate if Bond has breached his duties as a director or not. Bond is the only executive director in the company named Vegas ltd who is also designated or working as the CEO (Chief Executive Officer) of the company. Bond has taken several vital actions in order to effectively enhance the business operations of the company (Whincop, 2017). The company on the advice of bank manager of Cayman bank has borrowed short term loan of about $500 million on twelve month basis and at the same time, also advised to adjust the borrowings as non-current assets in the financial statements of the company. In addition, Bond has also drafted announcement for ASX in order to announce companys decision to acquire a Casino Royale across London. Bond has also asked his personal assistant to purchase share for Vegas ltd as earlier the announc ement related to Casino Royale would be made by ASX. The Australian Corporations act, 2001 has imposed several fiduciary duties or responsibilities over the directors of companies who are incorporated as per the legislative system of Australia. The Australian government has formulated several companies which are entitled under the Australian Corporations act, 2001 and at the same time, also aligned with legislative system of government (Queensland Government, 2017). The directors of companies operating across Australian region needs to comply with different sections of corporations act in order to effectively perform their duties or responsibilities. The persons or individual who are selected for the boards of Government are not legally bounded to comply under the various sections of corporations act as generally not considered as companies in the Australian legislation. From the corporations act, 2001, different fiduciary duties has been defined for the directors of companies across Australia which mainly includes, Duty to effectively act for best interests of company under good faith and for adequate purpose. Duty to effectively act with utmost care as well as diligence Duty to avoid inappropriate use for the information (Australian Institute of Company Directors, 2017) Duty to avoid inappropriate use for their position Duty to disclose specific interests From the different scenario of the case study and above discussed duties for the directors of companies, it has been analysed that Bond has certainly breached his fiduciary duties as the director of Vegas ltd under the different sections of corporations act, 2001. Under section 181 of Australian corporations act, it has been analysed that Bond has adequately performed his duties of directors in effective manner. Bond has borrowed a huge short term loan from the bank which has indicated that Bond has performed his duties in adequate manner in order to enhance the business operations of Vegas Ltd (Hannigan, 2015). This duties performed by Bond are in good faith as well as business profit of the company. Bond has not breached section 181 of Australian corporations act as observed from the case study. Under section 180 of Australian corporations act, it has been analysed that Bond has adequately performed his duties with utmost care as well as diligence. Bond is much known about the fact that company will surely be benefitted from their announcement of Casino Royale and will provide investment benefits to the company (Bevan, 2014). The draft for the announcement has also been made by Bond in order to avoid any financial losses to the company. Under section 183 of Australian corporations act, it has been analysed that Bond has adequately used the draft which has been made for the announcement related to Casino Royale. Bond has also asked to his personal assistant which is also working as company secretary to purchase share for Vegas ltd much before the announcement related to Casino Royale would be made by ASX (Edwards et al, 2013). This has indicated that director has not breached his duties and performed all this duties for the best interests for his company. But from the case study, it has been analysed that Bond has breached the section 588G of Australian corporations act as involved in the insolvent trading. It has been also analysed that company has spent all their funds with help of an IPO (Finch and Milman, 2017). Bond has all the information related to insolvency of company but in order to avoid that borrowed short term loan for the company in order to cover their entire financial incompetency in coming financial year. On overall basis, it has been found that Bond has adequately performed his fiduciary duties as the director of the company under different sections of the Australian corporations act, 2001. From the case study, it has been analysed that Big, White and No are three important non-executive directors of Vegas ltd. Big is chairperson of the company who has the qualification of accounting. It is also analysed from case study that none of the executive directors has read announcement draft made by Bond (Chief Executive Officer) related to their Casino Royale across London at ASX. From the entire scenario which has been given in the case study, it is analysed that all the non-executive directors has breached their duties as directors which can easily be described with various sections related to Australian corporations act, 2001 (Fitzpatrick et al, 2014). It is also analysed that directors are not able to detect financial irregularities in the financial statements which can certainly impact the financial position of company in near future and can also affect overall business operations of Vegas ltd. The different duties are specified for the directors of companies functioning across Australian region under different sections of corporations act, 2001. This mainly includes, Financial information Continuous disclosure Avoid inappropriate use for the information avoid inappropriate use for their position (Australian Institute of Company Directors, 2017) disclose specific interests of the companies To act with utmost diligence as well as care To act for the best concerns or interests of the companies in terms of good faith as well as for adequate purpose From the different scenario of this case study, it has been analysed that all the non-executive directors of Vegas ltd has breached their duties as the directors which can easily be described with different sections of Australian corporations act, 2001. Under section 180 of Australian corporations act, it has been analysed that all the executive directors has breached their duties as the directors as have not performed their duties with utmost diligence as well as care (Spencer and Hardy, 2014). The draft which has been made for the announcement related to company Casino Royale has not been even read by the directors. This as a result has affected the share prices of companys shares after the announcement made by ASX related to Casino Royale of Vegas ltd. Under section 181 of Australian corporations act, it has been analysed that non-executive directors has not considered good faith for the company and has also not considered the importance of draft related to announcement of Casino Royale for the business operations of their company (Butterworths, 2011). The main purpose of the announcement has also not been considered by the non-executive directors of Vegas ltd which has affected the share prices of the company in a huge manner. This has indicated that duties of the directors have been breached in the give case study. Under section 344 of Australian corporations act, it has been analysed that non-executive directors has not adequately monitor the financial information of the company. From the case study, it is also analysed that several financial irregularities has been observed in the financial statement of Vegas ltd. They have breached their duties while signing annual report for the company (Baxt, 2016). Big who is one of the directors in the company has knowledge related to accounting and needs to take the responsibility for auditing of the financial reports of the company. He can analyse the financial irregularities within the financial statements of the company but has breached his duty under section 344 of Australian corporations act. Further, it is the fiduciary duty of the directors for continuous disclosure of the important information of the companies in the market under section 674 of Australian corporations act. If important announcement of companies are not disclosed in the market place on continuous basis, then it may affect share prices of the company in a huge manner (Bottomley et al, 2017). It has been observed from the case study that none of the directors of company has read the announcement which needs to be made by ASX related to Casino Royale. ASX wrongly made announcement of loans for longer term which was actually borrowed for short term obligation from the bank. This was a huge disaster from the side of directors as have not read the announcement before being made by ASX. This has affected the share prices of Vegas ltd in a huge manner which is resulted in total loss of about $1000 to the company. References: Australia (2011) Australian Corporations Securities Legislation 2011: Corporations Act 2001, ASIC Act 2001, related regulations. Australia: CCH Australia Limited. Australian Institute of Company Directors (2017) General Duties of Directors. [Online]. Available at: https://aicd.companydirectors.com.au/resources/all-sectors/roles-duties-and-responsibilities/general-duties-of-directors (Accessed: 12 October, 2017). Baxt, R. (2016) Corporations Legislation. Australia: Thomson Reuters Limited. Bevan, C. (2014) Corporations law. Australia: Thomson Reuters (Professional) Australia Limited. Bottomley, S., Hall, K., Spender, P. and Nosworthy, B. (2017) Contemporary Australian Corporate Law. Australia: Cambridge University Press. Butterworths, L. (2011) Australian Corporations Legislation. Australia: LexisNexis Editorial Staff. Edwards, M., Halligan, J., Horrigan, B. and Nicoll, G. (2013) Public sector governance in Australia. Australia: ANU Press. Finch, V. and Milman, D. (2017) Corporate insolvency law: perspectives and principles.UK: Cambridge University Press. Fitzpatrick, J., Symes, C., Veljanovski, A. and Parker, D. (2014) Business and Corporations Law. Australia: LexisNexis Butterworths. Hannigan, B. (2015) Company law. USA: Oxford University Press. Queensland Government (2017) Corporations Act 2001 (Cth) (the Corporations Act). [Online]. Available at: https://www.premiers.qld.gov.au/publications/categories/policies-and-codes/handbooks/welcome-aboard/member-duties/corp-act-2001-c.aspx (Accessed: 12 October, 2017). Spencer, D. and Hardy, S. (2014) Dispute Resolution in Australia: cases, commentary and materials. Australia: Thomson Reuters. Whincop, M. (2017) Corporate governance in government corporations.UK: Routledge.

Positive Psychology Transformational Development

Question: Discuss about the Positive Psychologyfor Transformational Development. Answer: Introduction In the world today, positivity has been known to be a powerful source and force for both personal and transformational development. Positive Psychology can be described as a movement aimed at correcting the imbalance of what people perceive Psychology to be, a tendency to focus on the study of what is wrong with people and how to fix them. (Seligman Csikszentmihalyi, 2014). In brief, Positive Psychology studies the mental health of individuals as opposed to studying their mental illness. Being the case, a basic assumption is followed in the study of human excellence and goodness are study worthy compared to distress, disorders, and diseases. In this essay, I reflect on my psychological strengths, and how I could further develop them among my other possible strengths. Taking into consideration my day to day interactions and activities, I find my personal psychological strength s to be widely distributed. For instance, I would describe myself as a resilient, emotionally intelligent, and an optimistic individual depending on the way I view and perceive most of lifes situations. Also, the way I interact with people and the way they have described some of my attributes after an encounter with them just ascertains the psychological strengths I have identified. Resilience Most of the literature on resilience has concentrated on more on young people and children, and particularly on the effects of living in environments that are negatively chronic such as poverty or abuse. Also, research has concentrated on children who have lived through serious issues and emerged unscathed, fully emotionally and functioning adults who are resilient. There are numerous psychological strengths of resilience. To begin with, a resilient person can reasonably maintain a good functioning level regardless of experiencing trauma. Secondly, due to the positivity that resilient people have, they recover quickly, worry less, and react to only those circumstances present as opposed to what may happen. Thirdly, individuals with resilient personalities are both open and positive as opposed to others. It is because of the openness that comes as a result of positivity that they can see the bigger picture, and as such finding the good even in bad situations. Narrative is a method used in the identification of resilience. Numerous practitioners have used narrative to help assess both communities and individual strengths (Pattoni, 2012). The practitioners using narrative work under the assumption of a hidden story of resilience and strength in any problem. As such, it frequently requires a situation to be re-framed to identify any cases of strength into a resilience story. Practicing narrative is based on the principle of living their lives by stories they have created through their experiences that later shapes their added experience in life. An important aspect of the approach is knowing that some people may take up a problem as an essential part of their character (Epston and White, 1992). Another method that is used in identifying or assessing resilience is the cognitive transformation process that is characterized by change, the discovery of others, and the discovery of oneself. People become both aware and create opportunities emerging from transformation. As a result, self-esteem and self-efficacy are successfully enhanced by becoming stronger and coping with the situation. Therefore, it appears that ability to learn from every situation is essential to resilience, which enhances recovery and adaptation (Pat-Horenczyk Brom, 2007). As a result of resilience in my life, I have been able always to keep going despite the challenges that often come my way. For instance, in cases where I might be under a lot of pressure that may cause stress in the midst of adversity, I keep going until I have achieved what I had set my mind to achieve. I believe that resilience has been developing within me ever since I could remember. I have always thought it wise to respond to situations as opposed to reacting towards them. By responding, I ensure the practice of thought awareness, change the way I think towards people or situations, and set goals I know can be achieved. Emotionally Intelligent Emotional intelligence as defined by Psychology Today is the ability of an individual to both manage and identify ones emotions as well as others. Also, it entails three skills; the ability to both harness and apply emotions to tasks like problem-solving and thinking; the capability of managing emotions that involve changing ones emotions to calm or cheer other people; and emotional awareness ("Emotional Intelligence," 2017). There are numerous psychological strengths of an emotionally intelligent individual. Firstly, it means better social relations for both children and adults given that results to less use if interpersonal strategies that are destructive and a self-perception of competence socially that is greater (Brackett et al., 2006; Lopes et al., 2004). Secondly, people who are emotionally intelligent are perceived by others as being more positive (Brackett et al., 2006; Lopes et al., 2004; Lopes, Salovey, Cote, Beers, 2005). Thirdly, it results in intimate relationships and better families as reported by others and oneself (Brackett, Warner, Bosco, 2005; Carton, Kessler, Pape, 1999). Fourthly and lastly, emotional intelligence leads to better social relationships during negotiations and work performance, results to better academic achievements, and a healthier psychological well-being. Emotional Quotient as a term was coined by Bar-On (2010) aimed to mirror the emotional intelligence trait potential. His model differentiates between the five domains embodying the 15 significant abilities of emotional intelligence. According to Emmerling Goleman (2003, p. 13), the approach is described as a psychological adaptation and well-being model. The Bar-On EQI (emotional quotient inventory) is a developed measure of self-report assessing emotional intelligence that entails of 133 items in total. I would consider myself to be emotionally intelligent given that I connect with others very well. As such, no matter the pressure I may be under, I will communicate or interact with my friends, family, or even colleagues in a well-composed manner while keeping the conversation rational as opposed to letting my anger or any other feeling cloud my judgment or interfere with someone I am relating to and with. Being a third child among my siblings, I believe that emotional intelligence was an important attribute that I developed along the way. As such, I was able to read situations that would put my childish selfishness away to cheer up or calm down my parents, brothers, and sisters. Ina major way, this made me become more mature emotionally knowing how to always pull myself together for the sake of another. Optimism According to Maier Seligman (1976), the explanatory style of the study of optimism came into existence as a result of an anti-thesis to learned helplessness. However, Seligman (2011) diverted his research towards the study learned optimism. Attributional Style Questionnaire The different levels of optimism are measured using the ASQ (Attributional Style Questionnaire), whereby there are both negative and positive hypothetical events presented, as well as several perceived causes that are chosen by the respondents and later rated according to stability, internality, or globality. The results of the explanatory style research are more firm in terms of clarifying bad events. When explaining negative experiences, pessimists often relate the causes to global, stable, or internal factors equating to personal failure. Another method used in assessing or identifying optimism is LOT (Life Orientation Test) that was developed to measure dispositional optimism (Scheier and Carver, 1985). The LOT is a short test of self-report entailing the items that are either disagreed or agreed upon by the respondents. It is measured to have strong properties of psychometrics that have high reliability and validity of tests. There is also LOT-R (LOT-Revised), which is more advanced given that is a more advanced version of the LOT with regards to reliability due to developed psychometric properties. Using both the LOT-R and LOT is measuring dispositional optimism, there is a better prediction of how well an individual can cope with different stressors (Carver Scheier, 2002). I believe that my other personality attributes go hand in hand with optimism. I have always believed in a light at the end of every tunnel, which has, for the most part, contributed to where I am today. Deep inside, I have ensured that despite the challenges I may be going through, something good will most definitely happen. Therefore, I have come to be a firm believer challenges being ways that can only make me stronger and wiser. Optimism developed in me ever since I changed the way I view people and situations. By getting rid of negative thoughts and always being aware of myself as well as the company I keep, optimism has continued to grow thus affecting all the areas of my life. References Bar-On, R. (2010). Emotional intelligence: an integral part of positive psychology.South African Journal of Psychology,40(1), 54-62. Brackett, M. A., Warner, R. M., Bosco, J. S. (2005). Emotional intelligence and relationship quality among couples.Personal relationships,12(2), 197-212. Brackett, M. A., Rivers, S. E., Shiffman, S., Lerner, N., Salovey, P. (2006). Relating emotional abilities to social functioning: a comparison of self-report and performance measures of emotional intelligence.Journal of personality and social psychology,91(4), 780. Carton, J. S., Kessler, E. A., Pape, C. L. (1999). Nonverbal decoding skills and relationship well-being in adults.Journal of Nonverbal Behavior,23(1), 91-100. Carver, C. S., Scheier, M. F. (2002). The hopeful optimist.Psychological Inquiry,13(4), 288-290. Emmerling, R. J., Goleman, D. (2003). Emotional intelligence: Issues and common misunderstandings.Issues in Emotional Intelligence,1(1), 1-32. Emotional Intelligence. (2017). Psychology Today. Retrieved 14 April 2017, from https://www.psychologytoday.com/basics/emotional-intelligence Epston, D., White, M. (1992).Experience, Contradiction, Narrative Imagination: Selected papers of David Epston Michael White, 1989-1991. Dulwich Centre Publications. Lopes, P. N., Brackett, M. A., Nezlek, J. B., Schtz, A., Sellin, I., Salovey, P. (2004). Emotional intelligence and social interaction.Personality and social psychology bulletin,30(8), 1018-1034. Lopes, P. N., Salovey, P., Ct, S., Beers, M., Petty, R. E. (2005). Emotion regulation abilities and the quality of social interaction.Emotion,5(1), 113. Maier, S. F., Seligman, M. E. (1976). Learned helplessness: Theory and evidence.Journal of experimental psychology: general,105(1), 3. Pat?Horenczyk, R., Brom, D. (2007). The Multiple Faces of Post?Traumatic Growth.Applied Psychology,56(3), 379-385. Pattoni, L. (2012). Strengths-based approaches for working with individuals. Iriss. Retrieved 14 April 2017, from https://www.iriss.org.uk/resources/insights/strengths-based-approaches-working-individuals Scheier, M. F., Carver, C. S. (1985). The Self?Consciousness Scale: A Revised Version for Use with General Populations1.Journal of Applied Social Psychology,15(8), 687-699. Seligman, M. E., Csikszentmihalyi, M. (2014).Positive psychology: An introduction(pp. 279-298). Springer Netherlands. Seligman, M. E. (2011).Learned optimism: How to change your mind and your life. Vintage.

The Alchemist Review Essay Example

The Alchemist Review Paper Essay on The Alchemist I probably will be there first, who will try to peer-reviewed book, not oo author. Im sure there are people who have not yet had a chance to read The Alchemist, so my review will be primarily addressed to them. The Alchemist I belong to the category of easy reading books with deep meaning. Its plot is simple, but quite interesting. I had the impression as if I read one of the Arabian Nights in the style of A Thousand and One Nights. The main character of the book shepherd Santiago from Andalusia. But the shepherd he was not always, until he was 16, he studied at the seminary, his parents dreamed that he became a priest. However, since childhood Santiago longed to know the world, and therefore the courage and told his parents that he wanted to be a traveler, it becomes a flock of sheep and goes to meet new discoveries. One day he meets a wise old man, the king of Salem, who convinces Santiago to sell their sheep, and embark on a treasure hunt. From that moment on Santiago waiting for the real adventure, in which he acquires new knowledge, find new friends, your love, and most importantly, that lead him to the alchemist We will write a custom essay sample on The Alchemist Review specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Alchemist Review specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Alchemist Review specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The basic idea of ​​the book is to find oneself and the ability to follow its fate, without turning stick ordained the road of life, no matter how dangerous and difficult it may be. After all, only he knows the goodness of life and experience true happiness, who, in spite of the obstacles of life, not get away from this path. This book is not so much entertaining as instructive. Philosophical interpretations to the eternal themes is more than enough. With something youll agree that something disprove. However, convinced that everyone will find something in this book for yourself Personally, for myself, as a major, I noted the following sentence -. When youre something you wish very strongly, the whole universe helps you achieve this Happy reading!

Time When You Were a Leader Essay Sample

Time When You Were a Leader Essay SampleIf you are asked to write an essay, and if you are asked to describe a time when you were a leader, you should really consider giving your essay an outline. An outline helps you to organize your thoughts and ideas and to bring them into the right order to make writing the essay easy.By starting with an outline, you can plan all of the sections of your essay, so that the reader knows where they should start reading and that their attention will not be diverted. There are several things that you can include in an outline, but the most important of these is to make sure that you have given a precise idea of what you want to say, without causing confusion.Anytime you are asked to describe a time when you were a leader, there are two things that you must keep in mind. First, you must always explain why you were a leader and how you helped others. Second, you must tell the reader what you did for your followers.In any essay, it is very important to e mphasize the results of your leadership to others, and this can be done by providing specific details about specific tasks that you performed. You can also discuss the way that you influenced others by telling them about how you worked with others to achieve results.Once you give your readers a specific description of your time as a leader, you can go on to the second part of your essay. You should describe what you did during your time as a leader. This is where your actual writing skills come into play.In order to best describe what you did, you need to list out the tasks that you did while you were a leader. Each task should be in writing and should have a specific time frame that is easily understood by the reader.If you were asked to describe a time when you were a leader, you can certainly use an outline to help you write the best essay possible. By following this advice, you can describe a time when you were a leader, and you can have the best of writing, without causing conf usion.

School Violence Essays - Crime, Violence, Dispute Resolution, Ethics

School Violence Essays - Crime, Violence, Dispute Resolution, Ethics School Violence Violence in schools is a great concern in our society. The concern is heightened by the abundance of media coverage on a number of recent school shootings. With all of the news clips, sound bites, and Internet coverage swirling around in our heads, one might conclude that children are more violent today, than they were in recent years. But, school violence is not a new issue for the nineties; School violence has been around since the1950's, but then it was more an issue of juvenile delinquency than violent behavior. The difference between the two generations is that today student conflicts are more likely to be solved with the use of weapons. The fact is a gun is much more intimidating than a fist. There is nothing scarier than arriving at school afraid of what may happen next. Many students are faced with this problem everyday. Children should feel safe when they walk into school. Many people use violence as an expression to release feelings of anger or frustration. They think there are no answers to their problems and turn to violence to express their out of control emotions. Others use manipulation as a way to control others or get something they want. Violence is a learned behavior. Like all learned behaviors, it can be changed. This isn't easy, though. Since there is no single cause of violence, there is no one simple solution. The best you can do is learn to recognize the warning signs of violence and to get help when you see them in your friends or yourself. Teachers tend to believe that school violence is a result of sociological factors such as: lack of parental supervision, lack of family involvement and exposure to violence in the mass media. These factors could be traced to high divorce rates, both parents working and high availability of mass media, e.g. television, Internet, ect. Students who live in fear of violence, witness violent acts, or become victims of violence suffer an array of short-term and long-term consequences emotionally and physically. They have been found to be at greater risk for low school performance, absenteeism, truancy, school dropout and delinquency. In fact, research has shown that juveniles who are victimized, or who repeatedly witness violence, and do not receive immediate support in understanding and dealing with it are at higher risk of using violence as a means of dealing with their own conflicts; thus repeating the cycle of violence. Schools are not doing enough to protect students and other school personnel. Curing social ills could take a long time, so I propose a high security approach to the problem. The community may find this expensive and students find it oppressive, but how many more people have to die? I propose the following strategy: Police officers in every school; Metal detectors at each doorway; Some type of dress code-banning big clothes where weapons can be hidden; Hall monitors- hallways, doorways, restrooms and cafeterias; Train certain school personnel in weapon usage. Allow them to carry and store weapons on campus. If students knew someone else on campus had a gun to protect students, they may think twice about bringing one to school. This may sound severe, but this is a direct approach to the problem. Additional discipline is needed in order to stop school violence. We need more discipline in the family, in school, and even in public. We need to educate children that their actions do have co nsequences. As our country's morals keep declining and the murder rate continues to rise in schools, we will still be blaming our problems on anything but ourselves.

Animal Farm 2 Essay Example | Topics and Well Written Essays - 1000 words

Animal Farm 2 - Essay Example Animalism is used to represent other characters such as Old Major to represent Vladimir Lenin, while Napoleon represents Stalin and dogs act as his police force. The horse named Boxer represents the working class of the Russian society. The plot represents the tragedy of the revolution that ended up in failure. The animalistic utopia revolves around this violent revolution that the animals carry out. What sets this novel apart is intelligence in telling the story of revolution from inception to conclusion through respecting the limitations that humans and animals face. The term animalism is reminiscent of communism. The formation of a complete system/pattern and the following revolution closely represents the real pattern. Squealer, Napoleon and Snowball transform old Major’s ideas into reality. Later squealer and Napoleon start acting like humans as they drink alcohol, sleep in beds and start trading. All of these activities were originally prohibited in the seven Commandments. Squealer modifies the seven Commandments so that such activities can find their ‘legitimate’ place, similar to what happened during the Russian Revolution. A direct reference exists to the Soviet government’s plan of revising history so they can plant those seeds of thoughts that they deem fit. The formation and reference of seven Commandments directly enacts the communist approach. For instance the seven commandments hold that anything that walks on two legs is a foe. On the contrary a creature that walks on four legs or flaps its wings is part of the community. The seven Commandments also prohibit certain traits that separate them from humans. No animal is allowed to wear clothes, sleep in a bed or consume alcohol. Any indulgence in such activities would compromise the distinctive boundaries. The sixth and seventh commandments are there to support the social structure

War is an Addiction Research Paper Example | Topics and Well Written Essays - 5000 words

War is an Addiction - Research Paper Example War is seen amongst the scholars, researchers and philosophers as means of destroying involving parties in a manner, that they would not be able to question the authority of the winning side. This lust for winning and gaining control of others’ resources sometimes result in a war, and the invader becomes addict to winning again by engaging into further wars. On one hand, engaging into war escalates the economic activities due to the increasing demand for weaponry and supplies. On the other hand, engaging into war exhausts a country or state’s resources into destroying other country or state’s assets and its ability to counter attack the invading country or state. As the world is becoming globalized and entities of each country are coming closer due to extensive use of technology, more and more information is gathered in order to make assumptions about a country’s resources. On top of that, the invention of modern weaponry systems and aggressive war doctrin e possessed by armies of different nations in the world, paves way for setting up wars and winning them to capture resources. This can be seen as a scenario, where the big fish is always looking to hunt small fishes, even if the big fishes have their hunger fulfilled. This is because this is in their nature to hunt, thus falling victim to their addiction of hunting small fishes they neglect the outcomes. Similarly, countries of the world engage into war, even knowing that the outcomes of the war would be devastating for both invader and the invaded country (Barash 4-9). The coming section would present different theories and concepts presented by researchers and scholars from the past, pertaining to addiction to war and what are the reasons behind it. Theoretical Grounds for Addiction to War As soon as mankind stepped on earth it engaged in understanding what are the reasons that mankind keeps its luxuries and satisfaction behind, and commit war against each other. A number of resea rchers, scholars and philosophers have carried out extensive research into the area so that a century old question can be answered, i.e. why man is addicted to war? It is the resultant of hard work of researchers and scholars from the past that a number of theories are presented today which helps in understanding the phenomenon of addiction to war. In this manner, mankind today is also able to eliminate war doctrine from their militant activities  in order to ensure that peace and harmony maintains on earth. Despite of the fact that all theories and research work present almost similar ideas on addiction to war, every field of study has a different perspective in understanding this phenomenon. Followers of social school of thought view addiction to war as an act of social frustration and injustice, whereas economic school perceives addiction to war as a result to unavailability of resources. Business scholars view addiction to war as a result to scarcity of resources and an attemp t to keep control of greater competitive advantage over rivals. Despite of the fact that while understanding the causes of addiction to war is different in every discipline of life, political science seems to be the best field, which explains the causes of addiction to war. War has been defined as a comprehensive attempt of individuals, group of individuals or state to aggressively outclass their rivals on the battlefield or in any field of life. Theorists also views addiction to war