Monday, January 27, 2020

Company Overview of VEDANTA RESOURCES

Company Overview of VEDANTA RESOURCES INTRODUCTION Vedanta resources is the first Indian company to be listed in the London stock exchange in December 2003. It is an FTSE 100 metals and mining company with its headquarters located in London, UK and is Indias largest non ferrous company based on their revenues. The company is principally situated in India, although they have possessions and operations in other locations such as Zambia and Australia. Vedanta Resources is mainly invested in copper, zinc, Aluminium businesses, however the company is now adding to their portfolio by diversifying into a commercial power generation business. The group has experienced a significant growth in recent years on grounds of various expansions in projects owing to a world class resource base containing copper, zinc and Aluminium, the result of this being the acquisition of Sesa Goa in April 2007, which enabled them to penetrate into the iron ore market. Therefore the organization is actively participating in the iron ore, zinc, Aluminium and copper businesses. Vedanta has a precise vision and mission statement, vision being to be clear and committed so that they might become the market leaders in the non- ferrous market segment and their mission is to be a low cost, million-ton per annum producer, the ultimate goal however is to make the company a success, needless to say that such a mission will certainly put India on a global competitive platform, in the metals and mining segment. The company has continuously demonstrated that they are able to bring in projects that are of high significance thereby contributing unmatched growth at minimum pricing while ensuring high returns to all their shareholders. Also, the organization makes certain that they meet the high conservative standards that are set, so that unjustifiable numbers are not shown in their balance sheets. Vedanta Resources deals with a diverse portfolio of mining and metals business as they make available eminent proceeds to their shareholders even as they make sure that they are socially and environmentally accountable, as the management keeps track of their employees health and safety, community issues and of their surroundings. Several of Vedanta Resources operations are authorized by International Management Systems Standard ISO 14001, proof of it being the many awards won by the company such as Recognition of Commitment Award from the Institute of Internal Auditors, USA in 2005, Vedanta Resources being the only manufacturing company out of a total of four Indian companies to have ever received this award, not to mention the numerous safety and environment awards. To quote the chairman of Vedanta Resources, Mr.Anil Agrawal India is a fast-emerging and attractive resource destination, and we believe our strategy and business objectives will harness Indias high-quality wealth of mineral resources at low costs of development, positioning it as a leader on the global metals and mining map. ORGANIZATIONAL STRUCTURE Vedanta is an emerging multinational conglomerate with many overseas operations. Its organizational structure is a complex one with many subsidiaries, governing board and a management committee. The governing board consists of executive and non executive directors. The executive board of directors consists of Mr. Anil Agarwal, Mr. Navin Agarwal and Mr. M S Metha. Mr. Anil Agarwal founded the company and is leading the company as the executive chairman. Mr. Navin Agarwal is the deputy executive chairman of Vedanta and looks after the corporate business strategy and responsible for overall performance and growth. He also heads the executive committee. Mr. M. S. Metha is the chief executive officer of Vedanta. He joined the conglomerate in the year 2000 and previously was working at Lloyds Steel Industries. The non executive board consists of Mr. Naresh Chandra, Mr. Aman Metha and Mr.Euan Macdonald. Mr. Naresh Chandra was a Padma Vibhushan award winner from the Government of India and he is an Indian Administrative Service officer. He joined the group in 2004 after holding many prestigious positions in India. Aman Metha also joined the group in 2004. Before that he was the CEO of HSBC. Euan Macdonald was the chairman of SBC Warburg India and specializes in emerging market finance. The management committee is lead by Mr. Navin Agarwal and consists of: COMMITTEE DESIGNATION TARUN JAIN PRESIDENT GROUP HUMAN RESOURCES DD JALAN WHOLE TIME DIRECTOR CEO ALUMINIUM BUSINESS MS METHA WHOLE TIME DIRECTOR BALCO P K MUKHERJEE DIRECTOR OPERATIONS KCM DILIP GOLANI COO HZL RAJAGOPAL K. KUMAR CEO COPPER ZINC BUSINESS AKHILESH JOSHI HEAD MANGT ASSURANCE FUNCTION J. JANAKARAJ CEO VEDANTA RESOURCES PRAMOD SURI CEO IRON ORE BUSINESS M SIDDIQI CFO VEDANTA RESOURCED A THIRUNAVUKKARASU DOF STERLITE Vedanta Resources plc. is the parent company with many subsidiaries operating in different sectors in different names. Vedanta has interests in five main businesses. Each business is operated by one of its subsidiary. Below is the Vedanta resources plcs group tree. Copper Business: Copper business are run and operated by Sterlite Industries (India) Limited, Konkola Copper Mines Plc and Copper Mines of Tasmania, however, Vedanta holds 53.9%, 79.4% and 100% stakes respectively and management control in the above companies. The total copper business has an annual production of 678,412 tons and generates revenue of $4,012 million. The end products are the Continuous Cast Rods and Copper Cathodes. Copper from the copper mines are smelted using ISA process, one of the worlds leading technology in copper smelting. They have the latest version of CS 3000 Distributed Control System of Yokogawa from Japan to control the entire copper smelter. Aluminium Business: Bharat Aluminium Company Limited (BALCO) and Vedanta Aluminium Limited (VAL) are responsible for Aluminium business. Aluminium business has a total production capacity of 500,000 tons per annum. Vedanta has the controlling stakes of 70.5% in VAL and Sterlite, the subsidiary of Vedanta owns a stake of 51% and exercises management control. Currently the Aluminium business is under vigorous expansion and by 2012 it would become top five Aluminium producers in the world. The company produces metallurgical grade alumina and Aluminium ingots, billets and bars used for making buses. The Aluminium smelter used the advanced technical specifications of British Standard Institute (BSI). The company has bagged OHSAS 18001 certification for good health and protection standards. VAL unit has obtained ISO 9001 and ISO 14001 certificates for quality production and management practices. These Aluminium complexes also have integrated power plants in them. Zinc business: Zinc business is wholly owned and operated by Hindustan Zinc limited (HZL). Vedanta own 64.9% of share capital in HZL. It has an annual production of 9,64,000 tons of zinc that generates revenue of $1,782 million. HZL is the worlds integrated second largest producer of Zinc and Lead. Apart from Zinc and Lead the plant also produces Silver, Cadmium and generates power. Silver and Cadmium are obtained as a byproduct of Lead and Zinc metal respectively. The equity shares of HZL are traded at the Indian stock exchange. The metals are refined and sold according to their quality. Iron ore business: The whole iron ore business is operated by its subsidiary Sesa Goa limited. Vedanta has a controlling stake of 57.1%. The company makes iron ore, pig iron and metallurgical coke. The company has a production capacity of 21.4 million tons of iron ore fines and lumps which generates revenue of $1221.7 million. Apart from these they also sell the in-house technology for coke making. They found new technology using vibro compaction to stabilize coal before using in the furnace for firing. Sesa Goas mines have ISO status for good management standards and safety. Commercial Power Generation business: This is a new business venture for Vedanta group and is run by its subsidiaries Sterlite Energy Limited (SEL) and Madras Aluminium Company Limited (MALCO). SEL is a 100% subsidiary of Sterlite Industries Ltd. As of now the excess power from its various plants are sold. Specialized commercial power generation plants are being set up in India. By the end of 2011 the power plants would become fully operational. Two plants are being set up with a combined generation of 4380MW per year. OPERATIONS OF VEDANTA RESOURCES PLC: CORPORATE STRATEGY Since its incorporation in 1976, Vedanta has been very successful in its operations. The current turnover of company is $ 7931 million. The success can be owed to the corporate strategy of Vedanta which can be explained as follows: Organic Development: This includes developing organizations own capabilities. It is done by making using of latest technology for manufacturing processes; spreading investments over a time, venturing the scope of entry in new markets, analyzing the ability of the company to enter them and then enter into such markets. Latest Technology for Mining Smelting Operations: Vedanta has been doing it by using highly advanced technology for manufacturing and designing. This helps in reducing the production costs and thereby gaining advantage to compete in the market. For e.g. The Sesa Goas team did a detailed experimentation involving studies on the temperature profile of the oven and redesigning the refractories. Followed by the systematic plant trials, it developed energy recovery coke making, an environment-friendly technology that is characterized low capital and operating cost, high energy recovery and capable of producing high quality metallurgical coke. Implementing cost reduction techniques: Vedanta has signed long-term contracts with suppliers of raw materials. This not only reduces production costs but also accounts for the continuous availability of resources without getting affected by market fluctuations. Launching Brownfield and Greenfield Projects: These form a very important consideration for a mining industry. Brownfield projects are abandoned sites that are available for industrial or commercial reuse. The development or expansions of such land is more difficult owing to contamination by earlier use. Greenfield projects are the ones which lack any constraints imposed by prior work. There is no need to demolish or remodel the structure. Vedanta has been investing in Brownfield and Greenfield projects for expansions. A 1.4 mtpa aluminium refinery project at Lanjigarh and an aluminium smelter of capacity 500,000 tpa both in state of Orissa, India are few of the Greenfield projects launched by the company. Entry in New Market: Also the company has now ventured into Commercial Power Generation. It recognised the tremendous scope in the industry for commercial power generation, in India. It has therefore started commercial power generation plants in Chhattisgarh and Orissa. Also these plants are locates at strategic positions, mainly in the coal rich zones of India, thereby facilitating transport and easy availability of coal. Consolidation of Group Structure: As shown above, Vedanta has many subsidiaries like KCM, Sterlite Industries India Ltd, Sesa Goa Ltd etc. Although it has the Holding Stocks and management control over all these, some of the stakes are owned by private investors. Vedanta is constantly trying to buyback it stock and purchase shares of all its subsidiaries. This would help in a consolidated group structure. The main advantage of it is ease in the management decisions. Mergers and Acquisitions: Since 2004, the Vedanta Resources had only one acquisition till date by acquiring the Madras Aluminium Co Ltd. While taking stake into consideration the Vedanta resources taken over 5 companies till finalization of balance sheet for 2010. Acquisitions include Konkola Copper Mines Plc. in 2004 and part in 2009 with a total of 79.4% stake, next Sterlite Gold Ltd and Finsider International Co Ltd both in the year 2007. Moreover, the company acquired approximately 25.8% by the outstanding common shares of Sterlite Gold on a fully-diluted basis. Also the company acquired Finsider International Co Ltd. Fully from a Japanese company called Mitsui Co at around USD 981 million. In the year 2009 the company acquired 51% of Sesa Goa Ltd, Indias largest producer-exporter of Iron-Ore in the private sector at INR 4070 Crore. Now, the Vedanta Resources are planning to acquire 60% stake in Crain India Company. The Cairn India is a leading player in Oil and Gas industry in India. Moreover, Crain India is one the biggest private exploration and Production Company currently operating in India. Edinburgh based Crain Energy is holding a total of 62.37 percent stake in Crain India. According to the deal the Crain Energy will sell its stake to Vedanta Resources Plc for the deal amount of USD 9.6 billion at 405 INR per share. Successful acquisition of KCM, MALCO, Sterlite Gold Ltd and Sesa Goa has added substantial growth to the Vedanta as a whole. They are continue looking for a new growth and acquisition opportunities in the metal and mining sector and related opportunities in India and elsewhere. They are taking all these steps by keeping government privatization programmed in mind. PESTEL ANALYSIS Political Legal: As minerals are a nations wealth, the mining industry operates under the huge cloud of political and legal pressure. Mainly they are state owned or nationalized and involves a large and complicated process for licensing. The industry is very much regulated by governmental law that mainly focuses on labour and environmental factors. In the recent days, the increasing concern for environmental issues has made the government to pressurize the mining policies. Upon this the media focus is still more an added pressure for the mining industry. Even though the governments policies are mainly aimed to protect the resources but they also encourage exports by giving subsidies and encourage new technology developments. Economic: Mining is an industry that requires very high capital investment. Thus, interest rates make a major impact. Not all countries are rich in deposits of minerals; hence mining generally involves import and export of products. The exchange rates fluctuations are a dominant concern. The import taxes and international trade cycle are also important economic factors for the mining industry. Social: Being an industry that impacts the surrounding environment in areas of its operation, the support of the local community is of the most important and underlying factors for mining. Mining, though, a resource based industry, cannot be carried out in areas of high population because of the concerns that it may affect the public health. Mining has also been under the scanner of various activist groups over the recent years. The industry thus has also been attracting continuous media attention. Vedanta has been attracting a lot of media attention recently over ESG issues. Technology: The process involved in the mining industry right from the raw material transportation still export involves risky process. In those conditions the laws prevent the use of human resources that make the mining industry heavily dependent on technology. Recently the mines are using computerized machines that operates according to its program and automated conveyor belts to reach its specified destination i.e. harbor or warehouse. But still the underground mining relies mainly on human resource due to its complicated nature of mining. Environmental: Mining is an industry that affects and makes a negative impact on the environment during and after the process. Thus any mining activity has to go through a number of clearances and regulations concerning the environment. Almost all countries demand an investigation of its impact on the environment before any activity can start. PORTERS 5 FORCES ANALYSIS The following diagram gives the 5 Forces Analysis for Vedanta Resources: Threat of New Entrants: The threat of new entrants to Vedanta is very low. This is mainly because of high capital investments required. The limited resources in mining and the costs of exploration, the various government laws, the equipment required, additional costs incurred in rehabilitation of people living at mining sites etc all make it difficult for new entrants to venture in this industry. Threat of Substitutes: The threat of substitutes also is low. This is mainly because metals are required basically for all types of manufacturing industries as an input. Even if substitution is considered, it has limited scope. Also the price/performance ratios of iron, aluminium etc is low, making the threat of substitutes even less. Bargaining Power of Suppliers: The suppliers include the suppliers of raw materials required, that of equipment etc. There are very few suppliers and therefore their bargaining power is high. Also the cost of switching suppliers is high making it difficult to do so. Vedanta has entered into long term contracts with their suppliers, thus reducing the costs. It also ensures that Vedanta get supply of goods without being affected by market fluctuations. Bargaining Power of Buyers: This is low as the demand of the metals and metal products is very high. Also switching costs are high as the costumers normally have contracts with the company. Competitive Rivalry: Some of the competitors of Vedanta Group are Rio-Tinto, BHP Billiton Ltd, Grupo-Mexico, Hindalco etc. The competition is intense as every player is trying for their market share as the resources are becoming restricted and limited. SWOT ANALYSIS: A complete SWOT analysis of Vedanta Resources plc would provide a clear and unbiased strategic analysis of the companys strengths and weakness and potential opportunities and threats, this sort of analysis helps the business in understanding its partners, customers and competitors better. STRENGTHS: The strength can be determined by the fact that the company has assets that are global with respect to both scale and size; their low cost of production which makes the group competitive among its peers and the skill and experience that are incorporated in the nature of their assets is of high quality. Their recent growth in volume and the many measures that the group have taken in reducing costs has increased their cash flow considerably; The Company understands the fact that it is important to maintain a low leverage by enabling adequate liquidity and meeting all their financial obligations, possessing a strong vision, making strategic acquisitions and having an ability to think ahead. They also understand the value of their employees which is a competitive advantage as its not easily reproducible like technology and the fact that they strive for excellence has only increased their strength. WEAKNESSES: Poor brand management, not giving importance to marketing of the company, keeping silent while a swarm of people accusing the company has increased trouble for the company. Therefore, the company must make all efforts in order to correct the problem before they run out of business and need to curtail their operations. OPPORTUNITIES: The opportunities for the group are many, success in the group will allow the company to compete globally. Several efforts are made by the company with respect to expansion of the company and growth and this can be clearly seen in the group on having acquired Sesa Goa, which makes it possible for the company to penetrate through the iron ore market and by making strategic decisions, will guarantee that Vedanta Resources triumphs. THREATS: The potential threats as reported by The Independent news paper is the fact that the human rights protestors that stood outside the companys building in their avatar costumes, outshone the companys accomplishments which is a major threat to the companys image. The backing out of the Church of England; only six months after researching into the company or Aviva who is one of their backers, who voted against them in three resolutions in board meeting which they attended. Vedanta however, denies the rumors concerning the pollution of Lanjugarh, or any breach in human rights, the encroachment of land in Nyamgiri Hills in Orissa and any other accusations that have been made against the company and they continue to contest any allegations made against the group. Although the rumors are overtaking their defensive stand and is causing a serious dent to the Vedanta Groups image. (The Independent, 2010) COMPETITIVE ADVANTAGE: In terms of the competitive advantages for Vedanta resources Plc, Firstly, they have a mining site located where the availability of natural resources is high. Their production is done on the basis of the accessibility of the raw material. As the natural resources are highly available, the supply of the raw material and the cost of production can be low, and the cost of capital can be divided to sustain it in the current market. The raw material in the industry is nothing but the resources held by the group and as they located where there is a rich source of natural resources, not to mention the availability of cheap labour at their mining site which results in Vedanta having a low cost of production per unit leading the company to win an award for the low cost of production in year 2007. Culture of the society where there are located, is also well known by them so the adjustment to the market environment would not be an issue placing the company is a very advantageous position The company has also started their operations in power production unit. They had produced the power sufficient enough for their production and the excess production was sold out and this resulted to the investment in a power generation plant. Now they have obtained blocks for 112.2 million tons with the ministry of coal. They have signed a contract with Chhattisgarh government for the interested thermal and coal power generation plant for 1200 MW power capacity. India is fifth largest in the world for the bauxite with the reserve about of 2,600 million tones and for the coal reserves and for iron ore it is sixth. The most of the mining and smelting site for Vedanta resources are in India. This is advantageous for potential growth in the further prospective for the company. CORE COMPETENCE For Vedanta the core competence of their business strategy is developing low cost, with inexpensive skilled and educated labour. (Business Standard, 2008) In the mining industry, the high costs are to do with the investment in acquiring a mining site and costs need for production. However, Vedanta has reduced its cost of production owing to their location, which is rich in natural resources. The current production for the Aluminium is 1.4 mtpa which is planned to be increased by 6,00,000 tpa to reach is total production of 2 mtpa. The company aims at investing $ 9.8 Billion by which they will be the fifth mining company for Aluminium metal. CORPORATE SOCIAL RESPONSIBILITY In the present-day business scenario, Corporate Social responsibility (C.S.R.) and sustainability have become a very high-profile agenda in many countries and industries. Thus, due to the nature of its business, Corporate Social Responsibility is a pretty confound and complicated issue for Vedanta Resources Plc. The company has quite a mixed record on the social responsibility front. Nonetheless, the company has made certain valiant efforts to conduct their business in a socially responsible manner. Vedantas current C.S.R. agenda acknowledges the responsible management of the Environmental, Community, Health and Safety and Employee issues with respect to all of their operations. The companys Health, Safety and Environment (H.S.E) management framework administers the healthy and sound management of its operations. According to its current agenda, the company aims to reduce the impact of its activities on the environment. Efficient consumption of energy and water and use of recycled materials is one of its main motives. It has taken initiatives through its subsidiaries to fulfill its motives. Being a mining company, the health and safety of its employees and the community is a core concern for Vedanta. The company has a Health and Safety management framework and policies in place, which aim to ensure a risk-free environment for its employees. Vedanta has also taken efforts to support and enhance the local community in the areas of their operations. Sterlite Foundation is financial ly supported by the group, which provides free computer training to the young under-privileged people. The company has also made several contributions and donations to the community. For example being the donation of US$1.1 million to the Rajasthan drought relief fund, through its subsidiary H.Z.L. Despite making certain efforts to conduct its business in a socially responsible manner, Vedanta has been engulfed in a web of allegations concerning this issue over the last few years. The company has been under immense criticism for having a poor human rights and environmental record by various activist groups and authorities. A human rights group called Amnesty International, has criticized and raised the issue of ill treatment of the local tribal people by Vedanta in the Niyamgiri hills in Orissa, India. Various other activist groups have also accused Vedanta and its subsidiaries of threatening the livelihood of the community residing in and around the areas of its mines. This also led to recent public demonstrations and protest against the company worldwide. However, the company has maintained a stance that, it would act in a responsible manner and that the proposed project will only enhance the community as a whole in the particular area. Vedantas Alumina refinery at Lanjigarh in Orissa, India, has also been critiqued by the State Pollution Control board in India for air and water pollution. Amnesty International has accused Vedanta of failing to curb the impact created by its refinery of air pollution on the local community. The company is also facing investigations and charges regarding pollution because of its project in Armenia. This is another issue that has been raised by various activist groups. The company has also failed to maintain a clear health and safety record recently. Separate incidents have darned its reputation concerning safety efforts. An under construction chimney at its smelter in Chhattisgarh, India collapsed causing death of more than 40 workers and employees. The company has also been accused of safety negligence as its unsafe mining operations have led to deaths of more than 25 workers and employees and injuries to hundreds of others in 2007. The controversies, poor human rights and environmental allegations have caused a lot of socially responsible investors to divest from the company. After protests by Survival International a human rights group regarding the Orrisa issue, the Church of England sold its stake worth 3.75 million pounds in Vedanta resources on the basis of ethical grounds. The Church stated that we are not satisfied that Vedanta has shown, or is likely in future to show, the level of respect for human rights and local communities that we expect of companies in whom the Church investing bodies hold shares, The Scottish investment firm Martin Carrie Investments also sold its stake worth more than 2 million pounds following protest from activist groups. Other responsible investors like the Swedish Government, Joseph Rowntree Charitable Trust, Dutch investment firm PGGM and a few others have joined the bandwagon of disinvesting from the company following its poor recent social record. The BP Pension fund has also reduced its share following similar concerns. The UK and Norwegian governments have also condemned the company. The disinvestment by shareholders has been a major concern for Vedanta as it certainly threatens to affect its growth. On 24th August 2010, the Indian government blocked the companys proposal for a new mine in India alleging Vedanta of having a poor human rights and environmental record. Indias Environment minister stated, There is no emotion, no politics, no prejudice I have taken the decision in a purely legal approach, that these laws are being violated. This has been a major blow for Vedanta as it was planning to invest more than 5 billion pounds in the Niyamgiri project. The company has also been alleged of charges of bribery in Chennai, India for the reopening of a factory that was shut down due to a major accident. Sterlite, a subsidiary of Vedanta was slapped with tax notice of more than 44 million pounds by the India Excise department in 2010 while a few other legal violations have also tarnished the companys image. All the recent allegations and controversies in the recent times resulted in a negative image for the company. Its stock rose tremendously by more than 200% from April 2009 to April 2010 but after the recent allegations and concerns over disinvestment by investors, the stock has been a sharp decline. Thus, the issue of corporate social responsibility has certainly made an impact on its growth recently and could also be a cause of concern if the company does not adopt new strategies to improve its CSR record. Vedanta must revive its CSR agenda to clarify investor concerns. The company has however claimed that it aims resolve all the issues regarding the allegations and aim to enrich and empower the community wherever they operate. Projects Under Scrutiny Lanjigarh Bauxite Mine Lanjigarh Smelter Chhattisgarh Chimney Collapse Chennai Factory Source: CONCLUSION: In conclusion Vedanta Resources is Indias largest non-ferrous metal and mining company based on revenue. This FTSE-100 company has a strong balance sheet with cash and liquid investment of $7.2 billion and has cash in excess of $7.0 billion. Moreover, its the only Indian manufacturing company listed at London Stock Exchange. They are working with workforce of 30,000. The analysis shown above certainly explains the success of Vedanta Resources in mining industry. This success can be hugely owed to its corporate strategy. However there are still some glitches in the strategy. This is evident by the SWOT analysis, so also the effects on its business as an aftermath of its weak corporate social responsibility. Therefore it is evident that their current corporate strategy is not sustainable. Although due consideration has been given in asset optimization, reducing costs and thereby gaining profits; Vedanta has not given due consideration to the threat posed by its competitors. If any of the competitors enter India, for mining then Vedanta would not be able to survive. Moreover their corporate social responsibility has been lacking; this has severely affected their Brand-name, a very important factor in todays market. It has also resulted in decreased market share and withdrawal from many of their investors like Church of England. Therefore certain cha nges have to be made in their current corporate strategy. First of all, the company should give due consideration to its Social Responsibility, it should provide rehabilitation facilities to people, who have lost their lands due to mining activities. It should provide safety and security measures for their workers. It should also come with policies that are in accordance with the human right and environment. All this would add up with Brand Image of the company. It should try to improve relations with Indian governm

Sunday, January 19, 2020

Essay --

No two people are the same, not even identical twins. There are overachievers, and alternatively underachievers, alcoholics and abstainers, the timid and the outgoing, and every possible mixture in between. Living With Our Genes argues that genes are the most outstanding factor in the process of developing the complex variability of human nature. Hamer and Copeland lay out the idea of the nature-nurture controversy by identifying the differences between temperament and character. Temperament is the collection of primal behavioral tendencies we acquire, which are adapted to varied degrees by our character, beliefs, and the values our surroundings bestows on us. Essentially it is a game of genes versus environment, with a constant back and forth as the authors explain the behavioral characteristics that effect our lives. The nature/nurture argument originates from the fact that people are more reluctant to accept a genetic influence on behavior than they are on more simple traits such as eye color or an inherited illness. Hamer and Copeland put it as follows, "We accept that ...

Saturday, January 11, 2020

Don Quixote Essay

Sue Kim 29 October 2012 Honors Literature Don Quixote Essay â€Å"With these word and phrases the poor gentleman lost his mind,† (Cervantes 20). In the beginning of Don Quixote, the reader is introduced to a man engulfed in chivalric books, who soon loses his mind in the stories of knighthood. Don Quixote is labeled as an insane man by the narrator who soon proves this statement through Don Quixote’s delusions and eccentric behaviors. As the narrator describes the delusions, the narrator’s tone is overly mocking towards Don Quixote’s delusional acts.However, ignoring the narrator’s mocking tone, Don Quixote’s foolish acts can be judged reasonable by comparing Don Quixote’s delusions to the actual situation. In Cervantes’ Don Quixote, Don Quixote is portrayed as a delusional person with a tendency of expressing eccentric behaviors; however, Don Quixote’s delusions can be judged reasonable if the audience looks at the acts of Don Quixote as a childish and immature approach to regarding things in life.There are three types of delusions and eccentric behaviors shown by Don Quixote that can be seen as reasonable: delusions and eccentric behaviors connected with concrete objects, coincidental situations, and in situations where Don Quixote admits his madness and tries to explain his own supposed madness. The most commonly mentioned scene of Don Quixote is when Don Quixote has delusions about windmills being giants. Delusions and eccentric behaviors connected with concrete objects happen as Don Quixote sees some concrete objects as slightly different objects.This pattern is seen when Don Quixote interprets windmills as giants. â€Å"thirty or forty of the windmills [†¦] thirty or more enormous giants† (Cervantes 58). The audience may perceive Don Quixote as insane because he confuses two similar objects. The massive windmills’ blades are similar to the massive giants’ arms and the trunk of the windmill is similar to a giants’ body. Don Quixote’s childish actions are analogous to those of a child identifying a beautiful woman in an elegant dress as a princess.An image of a giant is conjured when thinking of a windmill because they are so similar in appearance; therefore, an image of a princess can be conjured when seeing a beautiful woman and dress. Don Quixote also perceives a barber’s basin to be a helmet. â€Å"Do you know what I imagine Sancho? This famous piece of the enchanted helmet [†¦] resembles a barber’s basin as you say,† (Cervantes 155). To turn a basin upside down creates an object similar to a helmet. The reader can compare Don Quixote’s ridiculous actions to the behavior of children as they have swordfights with sticks.Don Quixote, seemingly childish and naive, can nonetheless be judged reasonable because in both the windmill scene and the basin scene, the two objects being compared had similar qu alities and were seen from a childish perspective. Don Quixote also had delusions on fortuitous situations. Don Quixote’s delusional behaviors on coincidental situations can be judged reasonable because they are spontaneous. The delusions of Don Quixote are similar to the delusions that â€Å"normal† people would have. Well, [the cloud of dust] conceals a vast army, composed of innumerable and diverse peoples, which is marching toward us,† (Cervantes 126). A cloud of dust could hide anything from a small pin to a immense army. Therefore, it is reasonable for Don Quixote to believe a vast army is hidden inside the cloud of dust and rampage into the cloud of dust. Don Quixote’s belief on the cloud of dust can be related to the actions of a child as he or she imagines there is a monster underneath their bed. In both situations, Don Quixote and the child are afraid of the unknown hidden from their view.A comparable situation happens as Don Quixote faces with t wo friars and a carriage on one path and has the delusion that the friars are kidnapping a princess in the carriage. â€Å"You wicked and monstrous creatures, instantly unhand the noble princesses you hold captive in that carriage, or else prepare to receive a swift death as just punishment for your evil deeds† (Cervantes 62). Don Quixote can be judged reasonable because his immature, quick assumptions correspond with those of a child as he or she immediately assumes a punishment when their full name is called.A normal adult may not have attacked the friars, but a man with a childish mind would have shown eccentric behavior like Don Quixote. All of these delusions are acceptable if they are pursued to imitate one’s role model. Madness can be conceived if a person’s role model is also considered insane. Don Quixote explains about his insanity as, â€Å"In the same manner, Amadis was the polestar the morning star, [†¦] the one who should be imitated by all o f us who serve under the banner of love and chivalry. This being true, [†¦] that the knight errant who most closely imitates Amadis will be closest to attaining chivalric perfection† (Cervantes 193).Don Quixote realizes that people call him insane; thereupon, he explains that he is merely following in the footsteps of his role model, Amadis. Don Quixote’s guilelessness relates to those of a child as he or she looks up to his or her role model as the child grows up. A related situation happens in Sir Gawain and the Green Knight. â€Å"Said Gawain to the king, ‘If you would, noble lord, Bid me rise from my seat and stand at your side, [†¦] And I have asked you for it first, it should fall to me† (Pearl Poet 246).Gawain is upraising his uncle, King Arthur. Gawain’s honor for King Arthur allows him to imitate King Arthur by asking for the task of beheading the Green Knight. All of Don Quixote’s actions can be assimilated as childish. If Don Quixote’s actions were perceived plainly as childish and immature thought process, the readers can acquire a different definition of chivalry and knighthood from Don Quixote. Chivalry and knighthood is known to be for those that are loyal and brave.However, if Don Quixote’s chivalric, but ridiculous actions were plainly childish actions, chivalry becomes the dream of young children. Chivalry becomes an immature game played by children. Knights would not be the symbol of courage, but the symbol of playfulness and being silly. With Don Quixote’s childish perception towards chivalry and knighthood, the readers can acquire a new sense of what loyalty and courage are. Citations * Cervantes, Miguel De. Don Quixote. New York City: HarperCollins Publishers Inc. , 2005. Print. * Pearl Poet, . Sir Gawain and the Green Knight. Print.

Friday, January 3, 2020

Analysis of New Ideas from Dead Economists Essay

Todd G. Buchholz defines economics as the study of choice. Economists examine the consequences of the choices people make. The creation and evolution of economics over centuries came from the ideas of four economists: Adam Smith, Thomas Malthus, David Ricardo, John Stuart Mill, Karl Marx, Alfred Marshall and John Maynard Keynes. These well respected economists help the theory of economics grow and become what it is today. Economics started with the ideas of Adam Smith. He is credited as the first true economist. He had never taught nor took a class in economics. In his book The Wealth of Nations Smith alludes to the idea that self interest motives allows a nation to prosper entirely. People do something in order to gain something.†¦show more content†¦Smith advocated for free trade for a country. A country should export more than it imports. This stimulates the growth of the economy. Adam Smith was an optimist who sought the best for his country. On the other hand, Thomas Malthus had little hope for the future. He believed that the world’s population will increase faster than the production of food. The human race, he believed, would starve and there would be periods of chaos. Malthus said that the population increases at an exponential rate, nearly doubling amount. There is no way food growth would be able to catch up with population growth. Malthus’ solution was â€Å"War, Famine, and Plagues†. He believed that was the only way to decrease population and hopefully salvage the human race. These events would increase death rates liberating the world of disaster. Malthus tried to persuade lower classes form creating children and from marriage. At that time the lower classes were considered to be given higher wages, which would increase the makings of children and marriages. Thomas Malthus pleaded with everyone to make a change in order to decrease population. David Ricardo agreed with both the ideas of Malthus and Smith. Ricardo strongly argued for free trade. The idea of â€Å"cooperative advantage† emerged. The simply says that a nation should produce only the goods it best produces, rather than it producing every necessity. Then the nation will be able to buy the good that it needs for cheaper andShow MoreRelatedBook Report for Todd Buchholz’s â€Å"New Ideas from Dead Economists658 Words   |  3 PagesBook report for Todd Buchholz’s â€Å"New Ideas from Dead Economists This was a great read! Not only was it very informing on past and present economic thought, but it made economic issues seem exiting, ironic, and understandable. He connects economic principles with past and modern events like the fall of communism, global warming, overpopulation, and politics. Issues I didn’t even know existed were brought to life for me with his stories. I particularly enjoyed his chapter on the â€Å"doom and gloomers†Read MoreBusiness Strategy-Kfc Company Overview 11080 Words   |  5 PagesKentucky Fried Chicken by  Colonel  Harland Sanders  in 1952, though the idea of KFC s fried chicken actually goes back to 1930. The company adopted the abbreviated form of its name in 1991.[3]  Starting in April 2007, the company began using its original name, Kentucky Fried Chicken, for its signage, packaging and advertisements in the U.S. as part of a new corporate re-branding program;[4][5]  newer and remodeled restaurants will have the new logo and name while older stores will continue to use the 1980sRead MoreThe Keynesian Model Of Economics Essay897 Words   |  4 Pagesbrief explanation of how the Keynesian model of economics was applied to the economic crises of the 1970’s. Lastly, there will be an overview of how governments can create demand to correct market failure. Post government policies: AARA, DODD-FRANK- New Keynesian One post 1970 government policy was Passed by both the house and the Senate, the American Recovery and Reinvestment Act of 2009 (ARRA). The focus of this policy was to assist economic recovering, by offering assistance those who were mostRead MoreKeynes Theory of Income and Employment3130 Words   |  13 PagesEmployment:- The term ‘classical economists’ was firstly used by Karl Marx to describe economic thought of Ricardo and his predecessors including Adam Smith. However, by ‘classical economists’, Keynes meant the followers of David Ricardo including John Stuart Mill, Alfred Marshal and Pigou. According to Keynes, the term ‘classical economics’ refers to the traditional or orthodox principles of economics, which had come to be accepted, by and large, by the well known economists by then. Being the followerRead MoreThe Effects Of Increased Privatization Of Health Care On Africa As A Result Of Loan Conditionalities Imposed1583 Words   |  7 PagesThe World Bank (WB or Bank) has transformed from serving primarily to reconstruct post WWII Europe to the world’s largest external funder of health due to the globalization movement. To the global South, the Bank will primarily be known by its controversial Structural Adjustment Programs (SAPs). This essay wi ll examine the effects of increased privatization of health care in Africa as a result of loan conditionalities imposed by the Bank SAPs. Effects of SAPs on health and social determinants ofRead MoreInequality And Class Conflict : A Labor Theory Perspective3379 Words   |  14 PagesCollege of New Jersey November 19, 2014 Income inequality has reached a level of instability which has not been seen since the years leading up to the Great Depression. Income inequality refers to the difference of real income received by the varying socio-economic classes within an economy. There is no better example of this then the Great Depression in which greed sent twenty-five percent of the population into unemployment. Inequality.org defines income as â€Å"†¦the revenue streams from wagesRead MoreThe Death Of Horatio Alger1652 Words   |  7 Pageswhich is r g. This means the return on capital is higher than the economic growth. In The Death of Horatio Alger, Krugman explains the idea of income mobility in America is less reality now than it was in the 20th century. Also, it was believed to be more reality in the 20th century than it really was (Krugman). Income mobility means one s ability to go from one social economic class to another higher or lower class. The American dream seemed to be a reality as m ore and more people experiencedRead MoreWhy Aid Is Not Working And How There Is A Better Way For Africa Essay1834 Words   |  8 Pagesdeveloping countries. Over the past 50 years, more than $1 trillion development aid has been sent to Africa (xviii). In Dambisa Moyo’s book, Dead Aid: Why Aid is Not Working and How There is a Better Way For Africa, she claims that aid has only hindered Africa. Decreasing economic growth and producing an aid dependent country. In order for Africa to break away from this detrimental aid cycle, Moyo suggests a five to ten year solution where Africa is no longer given aid and is left to its own vices toRead MoreEssay about Adam Smith Father of Economics5633 Words   |  23 Pagescommonly cited as the father of modern economics. Smith studied moral philosophy at the University of Glasgow and Oxford University. After graduating, he delivered a successful series of public lectures at Edinburgh, leading him to collaborate with Economist, David Hume, during the Scottish Enlightenment. Smith obtained a professorship at Glasgow teaching moral philosophy. While teaching at Glasgow, Smith published The Theory of Moral Sentiments. In his later life, he took a tutoring position thatRead More Wall Street Essay2993 Words   |  12 Pagesowned America began to pour millions of Dollars into new plant and equipment as if there was no tomorrow. We don’t think much about it today, because it has been a long time since the United States has experienced a real bone jolting economic slowdown. The fact is, however, that the very best time for the industrialist to invest in new technologies is in the middle of a depression. This is because it is at such times that labor, raw materials, and new equipment can be purchase d at rock bottom prices

Thursday, December 26, 2019

Death Of The United States Should Legalize Active...

The democracy of the United States should legalize active voluntary euthanasia (AVE), active non-voluntary euthanasia (NVAE), and physician-assisted suicide/death (PAS/PAD), in cases where the patient has a terminal illness, unbearable pain, or are in a vegetative state with no chance of being revived. AVE is defined as â€Å"the intentional and painless ‘mercy driven’ termination of a consenting rational person’s life†¦Ã¢â‚¬  NVAE is conjugately defined as â€Å"the termination of an incompetent individual s existence on grounds that it is in their perceived best interest to do so†¦Ã¢â‚¬  (Richardson 13). Physician-assisted suicide and physician-assisted death are synonymous phrases that may be interchanged (Westefeld 539). For the purpose of this paper, the term physician-assisted death (PAD) will be used to refer to a physician writing a prescription, or allowing a patient to take potential lethal medication after the patient has openly consented. Sometimes, PAD refers to the removal of necessary means of medical treatment, again, after the patient has consented. PAD and both forms of euthanasia mentioned above differ in that euthanasia is directly administered via the doctor, whereas PAD is the doctor allowing the patient to partake in things that could potentially lead to the end of their life. Evidence shows that euthanasia has been practiced regardless of its legality. The current laws (or lack thereof) are not preventing physicians from carrying out the process at the patient s request;Show MoreRelatedPhysician Assisted Suicide And Euthanasia Essay1039 Words   |  5 Pagestheir own death. Many people support physician assisted suicide, citing that it can save a lot of pain and suffering. Others claim that the concept of physician assisted suicide is a slippery slope. A slippery slope in the sense that if society accepts euthanasia as a rightful death for the terminally ill, they will potentially accept it for other ailments as well. There are multiple types of physician assisted suicide. Collectively, they fall under the categories: active or passive euthanasia. ActiveRead MoreThe Centers For Disease Control And Prevention Released1181 Words   |  5 PagesControl and Prevention released a suicide report in 2015 stating that in The United States, suicide is the 10th leading cause of deaths. As many as 44,193 individuals have died per year, which means there is about 123 suicide deaths a day happening as of now in The United States (â€Å"Suicide Statistics†). This is only the statistics of deaths that have been successful in The United States, it is not counting all suicide deaths around the world nor suicide attempts. This alone is already a major issueRead MoreShould Euthanasia Be Legalized?1220 Words   |  5 Pagesincurable patients, it is rarely known that Euthanasia, a termination of one’s life with his/her self-willingness, is a release of permanent pain. On the other hand, it is committed by the doctors. Among Voluntary, non-voluntary and involuntary Euthanasia, only is Voluntary Euthanasia being universally concerned by human beings. Various fascinating facts, Australia has already approved this act and many people from other countries have also committed Euthanasia. Regarding this topic, people have beenRead MoreThe Rights Of Patients Whom Have Been Diagnosed With A Terminally Ill Disease1575 Words   |  7 Pagesterminally ill disease. This paper will also look at states that allow this and states that do not. Also we will be looking into nurses, the physician, and the patient and what might be their roles in assisted suicide and where ANA Ethics for Nurses stand. Starting in the beginning looking at suicide itself, â€Å"Many faith groups within Christian, Muslim, Jewish and other religions sincerely believe that God gives life and therefore only God should take it away. Suicide would then be considered asRead MoreShould Euthanasia Be Legalized?1210 Words   |  5 Pagesdrawn out death. Euthanasia, also known as mercy killing, is a sensitive and very controversial subject. Several people believe, doctors should not participate in any action that ends a person’s life due to the Hippocratic Oath stating that doctors are obligated to save lives. Although, euthanasia is considered to be immoral and even murder, it should be legalized when a person’s quality of life, due to an incurable illness, is gradually going to deteriorate. The United States of AmericaRead MoreEuthanasia Should Be Legalized For Terminally Ill People1064 Words   |  5 PagesThe word euthanasia has a Greek meaning â€Å"the good death. On the other hand, in the society today, there are deeper and more meanings to euthanasia than before. Voluntary euthanasia concerns itself with the consent of the person to die through the assistance of others. Voluntary euthanasia can be divided into two areas: passive voluntary witch is holding back medical treatment with the patient’s request, active voluntary killing the patient at that patient s request informing the assistant on howRead MoreSiya Kumar. Dying With Dignity. . Imagine Yourself With1360 Words   |  6 PagesDying with Dignity Imagine yourself with a terminal illness. It has been confirmed that you will die in a few months, and there is nothing that can be done to change that. You have two options- you can wait to die a natural but terrifyingly painful death where you lose your eyesight, burn the hair off your scalp and become paralyzed without the ability to walk, or you can die peacefully in the company of your friends and family. Which would you choose? â€Å"I am not suicidal. I do not want to die. ButRead MoreEuthanasia Is A Painless, Quick, And Peaceful Death1569 Words   |  7 Pagespain and suffering. Why is it acceptable to put a loved pet out of its misery, but frowned upon to help a human relieve their terminal pain? Euthanasia is a painless, quick, and peaceful death that can be medically provided to patients by doctors to help end the suffering that comes with a terminal disease. This option is currently illegal in the United States. All over the country, there are patients lying in uncomfortable hospital beds, often unable to move or even speak due to the excruciatingRead MoreEuthanasia Is A Controversial Issue2395 Words   |  10 PagesAs medical technology advances, people are able to become healthier and have a longer life. There are many moral issues between life and death. And we know that death is a stage of life and no one are able to control it. Imagine that you are in a pain of a deadly disease and there are no treatments are available to you, would you choose to live? Or would you choose to die? The answer to this question are subject to the person, everyone would come up with a different answer. The desire of individualsRead MoreLife is a blessing; therefore, people should cherish and preserve it as much as possible. Patients1100 Words   |  5 Pagestherefore, people should cherish and preserve it as much as possible. Patients in critical situations such as dealing with a terminal illness should be able to decide whether they want to end their lives or to have a physician do it for them. An arguable debate is whether euthanasia and physician-assisted suicide should be legal in many parts of the world. The question has grown and raised concerns: should physician and medical experts end the life of a patient who wills it? Euthanasia and physician-assisted

Wednesday, December 18, 2019

William James on Free Will - 1537 Words

Origins of William James / Jamesian Thinking William James, born 1842, was a trained physician who subsequently dabbled in works of philosophy and psychology (in which he officiated as a formal study through lectures) (Goodman, 2009). As did many philosophers, Jamesian thinking seeded many discussions on various philosophical topics such as metaphysics, morality, free will-determinism, religion and the afterlife; however, what truly made his ideas notable was his uncanny ability to borrow and integrate knowledge from branches of physiology, psychology and philosophy to weave new insights and dimensions onto traditional philosophical arguments (Goodman). His influential piece called The Principles of Psychology took these ideas together†¦show more content†¦Such compatibilist definitions, to James, caused an issue of words instead of an issue of facts, and still did not answer what true freedom meant which was the purpose of questioning determinism (James). Indeterminism, as he argued, opposed suppositions of determinism (James, 1884). James did not favor the term freedom as it he called it ‘an eulogistic word’ that enabled emotional associations to be made thus allowing its meaning to be manipulated by its holder; he had preferred the word chance in replacement of freedom (James). Although James professed no external evidence for indeterminism, he argued that it was the opposite of determinism based on the following grounds: (i) determinism held that elements already present in the universe at a given time decree what the other coming elements must be without the slightest ambiguity (a fundamental cause-and-eff ect perspective) whereas indeterminism reasoned that elements do have loose influence in themselves, that having one element does not determine what the next element is because possibilities may be more than actualities, and things that have yet to come to our knowledge with certainty remain ambiguities. In this, indeterminism allows for chances and that the world is not understood by one unit of fact (James). Next, (ii) as indeterminism postulated that actualities exist in a wider sea of possibilities from which they are selected, and this sea exists somewhereShow MoreRelatedWilliam James on Free Will1523 Words   |  7 PagesOrigins of William James / Jamesian Thinking William James, born 1842, was a trained physician who subsequently dabbled in works of philosophy and psychology (in which he officiated as a formal study through lectures) (Goodman, 2009). As did many philosophers, Jamesian thinking seeded many discussions on various philosophical topics such as metaphysics, morality, free will-determinism, religion and the afterlife; however, what truly made his ideas notable was his uncanny ability to borrow and integrateRead MoreBaron dHolbach and William James on Free Will and Determinism1192 Words   |  5 PagesBaron dHolbach and William James on Free Will and Determinism 3. Discuss the issue between Baron dHolbach and William James on free will and determinism? Before we can discuss the issue between Baron dHolbach and William James we have to know the definitions of the items the issue is about. Free will according to the Encarta encyclopedia is The power or ability of the human mind to choose a course of action or make a decision without being subject to restraints imposed by antecedentRead MoreCauses Of The Bloodless Revolution1053 Words   |  5 Pages The Glorious Revolution The Glorious Revolution, the Bloodless Revolution, or the Revolution of 1688 all refer to the overthrowing of King James II of England. In his place came his daughter, Mary II, and her husband, William III. Though it is referred to the Bloodless Revolution, there were plenty of skirmishes and a few minor battles in the Ireland regions, however these are often overlooked. Rising tensions between political parties, influenced by religion, caused a divide in the state andRead More The Glorious Revolution of 1688 Essay1498 Words   |  6 Pagesis having obligations or duties to something and being able to distinguish between right and wrong. In England, the political leaders drove King James II out of the country in order to end his oppressive rule as an absolute monarch. The Dutch Prince William of Orange, James’ son-in-law, invaded England to rule. Parliament gave the throne to William and his wife Mary but placed restrictions on their sovereignty with the Bill of Rights. This declaration gave more power to the people and made themRead MoreWilliam James787 Words   |  4 PagesWilliam James (1842-1910) William James was a philosopher and psychologist but was most well known in the field of Psychology for developing the philosophy of pragmatism, or the Functionalist theory: Theory of mental life and behavior that is concerned with how an organism uses its perceptual abilities to function in its environment. He was also the first Psychologist to be born in America. William James was born on January 11, 1842 in New York City. His father, Henry James Sr. was aRead More William James Essay764 Words   |  4 Pages William James was a philosopher and psychologist but was most well known in the field of Psychology for developing the philosophy of pragmatism, or the Functionalist theory: Theory of mental life and behavior that is concerned with how an organism uses its perceptual abilities to function in its environment. He was also the first Psychologist to be born in America.   Ã‚  Ã‚  Ã‚  Ã‚  William James was born on January 11, 1842 in New York City. His father, Henry James Sr. was a Swednborgian theologian, andRead MoreThe Separation Between Church And State1492 Words   |  6 Pagesexercise his or her free right of religion stands as rights both alienable, natural right, and unalienable, God-given right. As President Thomas Jefferson states in letters to the Baptist Association of Danbury, Connecticut, the federal government stands prohibited to regulate or control those who exercise religion. The predominant issue between church and state does not rest on protecting those avoiding religion, but to protect those choosing to practice religious freedom. Roger Williams and John WinthropRead MoreQuamina Eddoo Analysis1070 Words   |  5 Pages the important men are those who had influence in Abina’s life and can also be defined as wealthy, and/or landowning, men who were fluent in English (57). This is evident by looking at the various encount ers throughout Abina’s story, for instance James Davis is considered an important man since he was the one who helped Abina formally charge Quamina Eddoo and indirectly etched Abina into history through the paper to the magistrate (13). Quamina is also an important man as his mistreatment and coercionRead MoreAnalysis and Historical Context from Second Treatise of Civil Government by John Locke1152 Words   |  5 Pagesnot concentrated in the same person (the King) because he would be tempted, and in fact it was happening, to use them just to satisfy his desires. Locke also says that individuals are under no obligation to obey one another, and that we are all born free. He continues talking about how a man has the power to do whatever it takes to preserve himself and others, but always obeying the law of nature. People have the power to overthrow the king if he is not being just with his subjects; people have absoluteRead MoreThe Matrix, By Keanu Reeves1120 Words   |  5 Pagesideas and theories are explored, including the idea of Free Will versus Determinism. The movie’s main character â€Å"Neo† (Portrayed by Keanu Reeves) is labelled as â€Å"The One†, and is used as a catalyst to represent these philosophical ideas. The Oracle is used as a representation of Determinism, whilst Neo is used as a symbol for Free Will. These representations in turn relate to thefamous philosophical theories ofby philosophers including William James and Arthur Schopenhauer. In The Matrix, Thomas Anderson

Monday, December 9, 2019

Pope, Swift and the age of reason Essay Example For Students

Pope, Swift and the age of reason Essay The ridiculousness of this overly intellectual culture demonstrates the negative aspect of a community so absorbed by their own personal illusions that they fail to serve the advancement of their society. Further absurdities as a result of frivolous and wasteful pride in human reason can be seen in Gullivers visit to The Grand Academy of Lagado. Here, Swift targets the Enlightenments view that science and technology will eventually solve all of mans problems. Gulliver witnessed ridiculous experiments in speculative science and speculative learning, none of which accomplished any beneficial result other than the employment of the scientist: a dog is killed by the very treatment employed to cure him, a project to reduce, and ultimately disregard, language threatens to abolish all abstract thought, and students are made ill by ingesting mathematical equations in an attempt to escape traditional learning. These are but a few examples Swift uses to reinforce his assertion that the search for rational solutions to all problems could be foolish. Gulliver, upon the completion of his tour of the Academy, recognizes the nations deficiency of common sense and states, I saw nothing in this country that could invite me to a longer continuance, and began to think of returning home to England (197). The fourth and final voyage in Gullivers Travels is to the land of the super-rational Houyhnhmns. This is the section of the novel where Swift delivers his extremely cynical, if not misanthropic, critique of mankind. Gulliver discovers a utopian society of horses who live their lives with perfect reason unimpeded by irrationality or excessive emotion. In contrast to voyage three, where there is an obvious suspicion of excess reason, Voyage four seems to glorify this equestrian society by critically comparing it to the barbaric society of Yahoos. Initially, Gulliver refuses to identify with the Yahoos, maintaining that his distinguishing feature is his ability to think rationally. This surprises the Houyhnhmns who, out of curiosity, invite Gulliver to give an account of European life. With brilliant irony Gulliver begins to tell of the follies and evils of European man, not recognizing the Yahoo qualities in his descriptions. Gulliver was horrified when he could no longer deny that was a real Yahoo in every limb and feature (279). Rather than reasonably accepting his place in the chain of being, he is disgusted by his own species and chooses to identify with the Houynhmn culture, where he enjoyed perfect health of body, and tranquility of mind (289). With Gullivers expulsion from the land of the Houyhnhms, it appears Swift is defending his initial argument that mans follies are a part of nature that cannot be simply reasoned away. It is only rational that the Houynhmns can exist without passion and emotion because they are horses; Gulliver, after all, is a human. The cynical twist, however, occurs when Gulliver returns to England. His refusal to reintegrate into human society suggests that the extent of mankinds barbarism and lack of Reason renders them undeserving of any sympathy. Gulliver confesses, so horrible was the idea I conceived of returning to live in the society and under the government of Yahoos degenerating into the vices and corruptions of my own species(297). Popes An Essay on Man and Swifts Gullivers Travels both serve as a discourse on the capabilities and limitations of human Reason. The differences however, lay in the extent in which the two authors believe this Reason benefits society. While Pope strongly maintains, Whatever is, is Right, Swift, as seen through the emotional demise of Gulliver, suggests what is, is terribly wrong; that the human race is barbaric and hopeless.