Implications of Capitalism on Objective News Content Essay -- politics,

While Capitalism might first be seen as a positive influence on free and open access to information, in fact, it can also have a detrimental impact. Inaccurate news stories, sensationalized material, and manipulation through the media are all repercussions of the effects of capitalism. Capitalism’s influence in the media skews content in favour of the market, preventing the public from access to democratic, objective news content. Too often, capitalist influence dominates the media market through conglomerate control, structured by the ever-growing desire to gain capital, treating the audience as a commodity regardless of the negative repercussions that ensue. As opposed to presenting balanced, unbiased issues that are relevant and open to the interpretation of the media consumers in order to best meet the needs of society, the result is a cycle of information that does not broaden public democratic discourse, but channels it with bias. Perhaps the best place to begin a review of the relationship between media, capitalism and democracy is the United States of America, where democracy is held up as its foundation, freedom of speech is protected in its Declaration of Independence, and its society has held up capitalism as the best option for prosperity and equality for its citizens. Within the USA, news channels have long been accepted as having obvious links to political philosophies. Depending on the corporate interest, media channel content will display bias, supporting either a left-leaning, right-leaning, or neutral point of view to best serve the corporation. Stanford University professor Magnuson highlights, â€Å"The media plays a significant role in American democracy; it wields serious influential power; it uses this ... ...t. Thousand Oaks, Calif. Pine Forge Press, 2006. Print. "How To Detect Bias In News Media." FAIR Fairness Accuracy In Reporting. N.p., n.d. Web. May, Rollo. The Courage to Create. New York: Bantam Books. Print. Magnuson, A. J. "The Implications of Capitalism for Media: How Democracy Suffers. â€Å"Stanford University (2003): n. pag. Print. McChesney, Robert Waterman. Corporate Media and the Threat to Democracy. New York: Seven Stories, 1997. Print. Mills Cary, Adams James, and Taylor Kate. "CBC Sees government funding slashed by $115 million." Globe and Mail (Ottawa), March 29, 2012, sec. Politics. Schelzig, Erik. "Gore Takes Aim at Corporate Influence over Media in New Book, Defends Sale of Current TV." n.d.: n. pag. Global News. Web. Ting Thao, Yan. "The Effect of News Media on Public Opinion Toward Environmental Issues." Yahoo Contributor Network. N.p., n.d. Web.

Corporation: Weekly Reflection Essay

3.1 Differentiate types of stocks issued by corporations. The team concluded that the different types of stocks issued by a corporation are common stock, preferred stock, and treasury stock. Everyone is aware that common stock gives stockholders the right to vote on actions dealing with corporate earnings through the acquisition of dividends, and keeping the same percentage of shares when new stocks are issued. Preferred stocks are additional class of stocks issued by corporations to appeal to more investors. Treasury stock is stock that a company has issued, and then reacquires. Though everyone is aware of what types of stocks are issued by corporations, there are still some areas where team members expressed still being confused. One of those areas of concern deals with authorized stock and why companies do not put a par value on a stock to determine its value. Another area of confusion deals with treasury stock and grasping the concept. In relation to each member’s organization and the issuance of stock, everyone expect for one team member works for a non-profit organization or a company that does not issue stock. The one member, however, works for an airline and expressed that the company, United Airlines, has common and treasury stocks (United Continental Holdings, Inc., 2010). 3.2 Calculate stocks, dividends, and stock splits. For objective 3.2, some team members seem to understand better than others, what is involved in the calculation of stocks, dividends, and stock splits. Stock is calculated by subtracting the dividends of a certain stock from the company’s net income, then dividing that number by the number of outstanding shares. To calculate dividends multiply the number of shares by the annual dividend to find out how much the dividend payment will be, find the yield on investment a dividend payment represents by multiplying the dividend by the amount paid per share of stock, Calculate the dividend-payment ratio, and then figure out the dividend cover (earnings per share divided by the dividend) (Adkins, 2009-2013). As expressed early, more than not, members had a problem grasping the premise to calculating stock. In relation to each member’s employer organization, three of five have not had dealings with stock or they are not aware of the exact actions their company takes when it comes to calculating stocks, dividends, or stock splits. One member did however mention investing in stock indexes not including the organization she works for. Another member shared how he was able to actually view an investment split which helped him better understand. 3.3 Record treasury stock transactions. This objective seems to be the most confusing for the team. It is understood by all members that treasury stock is stock that has been issued by an organization, and then reacquired. However, there is still confusion about understanding the concept behind it. One member did express that her organization buys treasury stock to help cover them in situations such as the fluctuation of the economy. They would also try to sell the stock for equal value so more people would want to invest. References Adkins, W. D. (2009-2013). How to Calculate a Dividend Payment. Retrieved from http://www.ehow.com/how_4811547_calculate-dividend-payment.html#ixzz2Hl8TtOw4 United Continental Holdings, Inc. (2010). Annual Report. Retrieved from http://ir.unitedcontinentalholdings.com/phoenix.zhtml?c=83680&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTgwODYzNjMmRFNFUT0wJlNFUT0wJlNRREVTQz1TRUNUSU9OX0VOVElSRSZzdWJzaWQ9NTc%3d Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2010). Financial accounting (7th ed.). Hoboken, NJ: John Wiley & Sons. Retrieved from University of Phoenix eBook database

Essay The English Reformation - 3494 Words

The English Reformation During the reign of King Richard II England was experiencing her first serious outbreak of heresy for nearly a millennium. This widespread heresy, known as Lollardy, held the reformation of the Catholic Church as its main motivation, and was based upon the ideas of John Wyclif, an Oxford scholar. All kinds of men, not only in London but in widely-separated regions of the country, seized the opportunity to voice criticisms both constructive and destructive of the present state of the Church. While commoners protested and pressed for reform, going so far as to present their manifesto, the Twelve Conclusions, to Parliament, members of the royal household were protecting John Wyclif and his ideas, John of†¦show more content†¦It thus followed that it was the duty of the king to reform the Church. Eleven years after Wyclifs death, a group of Lollards came before Parliament with their complaints, and asked the Lords and the Commons in Parliament to lead the way to reformation. Wyclifs, and by extension the Lollards, views also included the supreme importance of the Scriptures as a guide to living a Christian life, as opposed to the Catholic view which placed the Scripture along side the advise and beliefs of the Church hierarchy. This resulted in the translation of the Gospels and the Bible into English so that all people could read and understand the Scriptures. The Lollards rebelled against the idea that the host and wine could be turned into the body and blood of Jesus, and called for a return to primitive simplicity and morality. Two main areas of contention for the Lollards, as well as the royal administration, however, were the Churchs exorbitant wealth and the supremacy of the pope. 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