Moral Development Theory Essay Example | Topics and Well Written Essays - 500 words

Moral Development Theory - Essay Example hn’s attack attracted a lot of media attention and Ronald, who was in charge of the warders welfare, ordered a raid in the prison cells in search of weapons and in the process some of the inmates were badly injured and some succumbed to their injuries. This move was applauded by most people as they believed this would make criminals learn to behave well and respect the prison warders. Kohlberg’s first stage of moral thought is obedience and punishment orientation, where a set of rules handed over by the authority should be obeyed unquestionably and failure to obey leads to punishment. This reasoning is evident in how Mary kept quiet for a prolonged period, while John took advantage of her for fear of the consequences. As an inmate, Mary was expected to obey the prison warder. In the second stage of thought, that is individualism and exchange, Mary may have put up with John’s abuse hoping that he will either put in a good word for her, which may facilitate state pardon or favor her in some way hoping her life would be bearable in prison. Stage three of moral thought is good interpersonal relationship; this is where one lives to the expectations of the family and community. Ronald who was in charge of the warders, on hearing the news that an inmate, had assaulted one of the warders even without trying to find out why, he opted to raid the prison cells in search of weapons in order to fulfill the expectations of the community. His action showed true concern for the prison warders who were at risk of being attacked by the inmates. Stage four of moral development, deals more with the social order (Crain, 1985). This has to do with the societal perspective or societal expectations. This is revealed when Ronald became brutal with the inmates in order to protect his image and that of the other prison warders; as he was expected to do by the society. The fifth stage of moral reasoning is about social contracts and individual rights. This reasoning is where

Macroeconomic Theory and Policy Essay Example | Topics and Well Written Essays - 1000 words

Macroeconomic Theory and Policy - Essay Example The neoclassical economies aim at creating long term solutions for the economic problems with effects of inflation and government regulation being critical, while for Keynesian economies, immediate results form a major platform where the policies focus on short term goals(Evans & Seppo 2007, p. 89). This was a system that established rules for financial and commercial relations in mid 20th century among the major industrial states worldwide. This led to establishment of International Bank of Reconstruction and Development and the International Monetary Fund. The major features of the Bretton Woods System were obligation of every country to establish a monetary policy which maintained an exchange rate of its currency to US dollar as well as ability of IMF in bridging the temporary payment imbalances in terms of gold (Evans & Seppo 2007, p. 89). Stagflation in economics describes the situation when the rate of inflation is high leading to slow rates of economic growth and high rates of unemployment. This results when economy is stagnant increasing the rates of inflation. The situation raises economic policy dilemma as a result of exacerbation of unemployment by decreasing the rates of inflation. In version of the Keynesian macroeconomic theory dominant during the late 1970s and at the end of World War II, recession and inflation were regarded to be mutually exclusive with relationship between them described by Phillips curve. Kaldor proposed an international buffer stocks system meant to raise the prices for commodities after they become too low in order to help the developing incomes from producing and developing nations after the prices raise too high (Evans & Seppo 2007, p. 89). European Exchange Rate Mechanism (ERM) was introduced in 1979 in UK by European Community with the aim of reducing the variability and achieving monetary stability in preparation for the Economic and Monetary Union. UK joined ERM with the aim of improving its stability in