Monday, January 27, 2020

Psychoanalysis Of Gordon Gekko Psychology Essay

Psychoanalysis Of Gordon Gekko Psychology Essay The paper will describe a character, Gordon Gekko from Wall Street (Edwin Stone, 1987) from a psychoanalytic perspective of Dr. Sigmund Freud. This paper will pair several quotes of Gordon Gekko with the appropriate perceived diagnosed disorder. In particular, this will illustrate Gekkos two personality disorders: Antisocial Personality Disorder and the Narcissistic Personality Disorder. The paper will conclude by summarizing these faults and then present an opinion of how well these theories describe the person in question. Bud Fox, a stockbroker has been relentless in arranging a meeting with his hero Gordon Gekko. He has called his office, every day, for over a month, but his attempts have failed miserably. He notices that it is Gordons birthday and as a final effort to get to the man he admires he pays a visit to Gordons offices in Manhattan. Armed with a box of the finest and most expensive Cuban cigars Bud makes his way to the receptionist. She returns after delivering the cigars and has Bud take a seat. After an hour has passed, she tells Bud he has five minutes with Mr. Gekko. His persistence and desperation to get to the top and work with the person he admires has now come down to this moment. As Bud walks into the office, he notices it is everything he could have imagined. The furniture, latest computer systems and view of downtown Manhattan give him a taste of the life he so desperately wants. Gordon positioned behind his desk is talking on the phone as Bud is admiring his surroundings. Gordon finally acknowledges Bud and asks him his intentions. Bud is there to pitch stocks to Gordon in hopes of landing him as a client, but quickly realizes he is not prepared as Gordon constantly calls his recommendations crap and is unimpressed. He finally tells Bud to give him something or get out. Knowing that he is losing his opportunity, Bud gives Gordon insider information on a stock that he received from his father the day before on an airline business his father works for. Gordon has Bud leave with the understanding he will think about it. Later that day Gordon calls Bud and places an order for the stock. After doing research on Bud, Gordon understands how Bud became aware of the insider information. He is impressed with the move and takes Bud under his wing, but challenges him to find new information at all costs on future stock deals and hostile takeovers. He tells Bud his five hundred dollar suits are not up to par and to invest in new ones. As more inside deals go through, Gordon takes Bud further into his world. The relationship deepens as Bud enjoys the perks and lifestyle he is creating by working for Gordon. Bud becomes wealthy, moves into an apartment, nicer office and gets the woman of his dreams. All of this was obtained through dealings with Gordon, and Mr. Gekko reminds him who the superior man is every step of the way. The relationship takes a turn for the worse when Bud finds out that Gordon is now using the same unethical business practices with his fathers airline company. Bud decides to manipulate the stock in order to push Gordon to sell instead of buy. Even though he knows that by doing this, he will lose everything. After realizing he was played, Gordon confronts Bud in Central Park, and both physically and verbally assaults him. Gordon lets Bud know that he is still the most powerful man on Wall Street, and he is now relegated to nothing. Using Freuds psychoanalytical approach and the incorporation of which therapeutic approach should be employed in concern to the psychoanalysis of Gordon Gekko from the film Wall Street (Edwin Stone, 1987) will be twofold: 1) diagnosis, and 2) practical therapy. First, point out the evident faults; next, create a conscious awareness of these faults and determine a means by which to work around these obstacles. Dr. Sigmund Freuds psychoanalytical approach is fundamentally set around human behaviors and the unconscious. He believes humans are somehow driven by instincts and these all originate in the unconscious (Ridgeway, 2007). Based upon that, from A Glossary of Psychoanalytic Terms and Concepts (Moore, 1967), here are the three applications of Psychoanalysis: a method of investigation of the mind and the way one thinks; a systematized set of theories about human behavior; method of treatment of psychological or emotional illness. With this in mind, Gordon Gekko is now set to experience Dr. Sigmund Freuds psychoanalytical approach. From the following quote within the film a duality of psychoanalytical constituents becomes evident: In the last seven deals that Ive been involved with, there were 2.5 million stockholders who have made a pretax profit of 12 billion dollars. Thank you. I am not a destroyer of companies. I am a liberator of them! The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms: greed for life, for money, for love, knowledge, has marked the upward surge of mankind Gordon Gekko, (Edwin Stone, 1987) From the view of the capitalistic mindset, this quote brings two rather evident perspectives together: it takes that perspective of the individual, the independent laborer who must make the utmost priority in watching out for the I, and then straddles that thin line between the better benefit of the group. Humans are social; we only benefit optimally by working together; humans benefit only through interactions with other humans; humans need humans to build such fortresses and provide for those 2.5 million corporate stockholders, right along with all companies and businesses in general. However, Gekko solely advocates the view of the individual while complete disregard to that of any collaborative effort. This is a red-flag to signal psychological disorders. A corporation is a legal entity separate from the persons that form it. It is a legal entity owned by individual stockholders -Gordon Gekko, (Edwin Stone, 1987). Lets start with the most apparent, Antisocial Sociopath Disorder. This illustrates certainly no regard for the concerns of others; people with this affliction will do anything to acquire self-satisfaction and feelings of self-entitlement with no respect for how their actions affect any other person. An antisocial sociopath is utterly indifferent to others around him or her. This person operates under a regime totally unfamiliar to social behaviors, including lying, cheating, and stealing. The conduct of these people goes well beyond any social norm of acceptable behavior, and purely in order to get ahead. Personality disorders typically begin in childhood, and then progress over time into rigid personality traits, obstructing social abilities and acceptable functioning when relating to other people. However, everyone can un derstand and recognize selfish behaviors, even selfish behavioral patterns, but this does not indicate that a person is becoming, has become, or may become an antisocial sociopath; one with this disorder can identify symptoms from childhood. Surely Gordon Gekko carried this affliction from an extremely early age, too. Greed is good -Gordon Gekko, (Edwin Stone, 1987). Like a puppet, greed in this situation pulls the strings motivating Gordon Gekko to operate by this tunnel focus. Yes, this personality disorder is prevalent in what we commonly perceive as spiteful, calculative, and manipulative materialists. Another feature shared by Gekko, particularly the greedy antisocial sociopathic feature of this character, rests in his complete lack of self-identification; antisocial sociopaths bring a sense of self-denial of any of this self-absorption. As much a paradox that this seems, due to the self-sacrifice he perceives because of self-denial, Gekko is so consumed in the self that he executes all his decisions with a complete lack of self-identification. Again, the antisocial sociopath disorder is the most apparent disorder of this character. In detailing how Gordon Gekko portrays the Antisocial Sociopathic qualities, Dr. Robbins conveys these characteristics: Antisocial Personality Disorder: These people generally have no regard for the rights of others; they are exploitative, they see themselves as better or superior, and are very opportunistic. They are deceitful, steal from people around them, and often have trouble with the law. They frequently engage in fraudulent activities, make very good scam artists, and tend to be irritable and impulsive. They often come in as a savior for a church, for example, and end up stealing everything. They have no remorse. Conduct disorder as a child often morphs into antisocial personality disorder. Examples include the Mafia Dapper Don John Gotti, or Tony Soprano in The Sopranos. TV shows such as Dateline or 20/20 are replete with stories revolving around antisocial personality disorders (Robbins, 2005). Gekko also displays features of the Narcissistic Personality Disorder. Understood and commonly underplayed as vanity or conceit, this personality disorder, dictates that the narcissist is right, while everyone else is wrong. If an object, ideal, occasion, etc., do not benefit the narcissist, then it is of no worth. We can all think of people who fit this ideal. We all bring these traits to the table, but the difference between a person with either of these clinical disorders and the rest of the normal crowd is that we identify these traits; any person with this clinical disorder cannot. In a nutshell, let us allow Dr. Lawrence Robbins to provide another bit of enlightenment: Narcissistic Personality Disorder: This is less common, and the people see themselves as being above others, they are grandiose, have a lack of empathy, and they feel self-important. There is a true sense of entitlement. They may be extremely vain and constantly require admiration. They are envious, arrogant, exp loitative, and can be very angry. Examples include General George Patton, Nicole Kidmans character in the movie To Die For, Michael Douglas character, Gordon Gekko, in the movie Wall Street, Kelsey Grammers character in Frazier, and the Chief of Medicine, Dr. Robert Romano on the TV show ER (Robbins, 2005). The applicable approach of Psychoanalytic therapy is to allow access to the unconscious. The treatment process can, at times, become blocked by the clients resistance (their unwillingness to provide information). Transference is a condition in which the client begins to consider their therapist in the same emotional way they would consider a person in their lives, such as a parent or sibling. Working with interpretation, resistance, and transference is sometimes called working through, a therapeutic technique in which the therapist helps the client better understand their conflicts and how to resolve them (Depression Guide, 2005). If Gordon Gekko had become a patient of Dr. Freuds I can only guess there would have been a considerable amount of time spent with free association in order to discuss child hood events, dreams or trauma that were repressed in the unconscious. Freud believed being greedy was natural, that we are born with it. He believed the unconscious was a place that consisted of unthinkable wishes and drives that needed to be socialized. Dr. Freud believed that we progressed through psychosexual stages as we grew from child to adult, and greed could be expressed in each of the stages. If you look at these stages it is easy to see where we could associate greed with each one. Oral greed could be in the form of a biting hunger-perhaps the kind that Gekko, who built his companys strategy around chewing up other companies, displayed. Gordon could have expressed anal greed either by keeping all of his money which he did in offshore bank accounts or by spending all of it on the finer things in life. Fi nally, Gordons business greed came from the ambition that characterizes phallic greed and was displayed by his desire to become the most powerful and wealthiest man on Wall Street.

Sunday, January 19, 2020

End of History Economics Essay

The set of short essays in question–compiled into a single essay by Foreign Policy–states the facts correctly about the current economic depression (they refuse to call it that, they opt for the less alarmist term of â€Å"recession†). But merely stating the facts correctly completely misses the point. Most couch-potato news junkies already know everything that is present in this essay. But that’s exactly the point: the essays in question here cover up more than they reveal. Their job–or so it seems–is to calm a public that might begin to ask fundamental questions about capitalism and globalization. The facts are clear: the structures and attitudes behind the facts are not. This is the purpose of this review. The facts are the following: that the economic depression will continue. Due to globalization, a depression or recession is not merely American or western, but it is global. Many economies in the developing world, through pressure from the US and the IMF, have linked their economies to the US market, which means, as a result, to the US dollar. These economies are talking given the fall in American consumer spending. The dollar has been wildly overvalued in recent years, but, in a recession of global proportions, running to the dollar for protection seems to be a popular–albeit irrational–option. The increase in the value of the US dollar means several things. On top of the already deep depression, food prices will begin to go up. This is social disaster, and not just for the US. Rises in food and transport mean that millions of economically marginal families will go into permanent decline and default. It means that the families that have already seen their homes foreclosed and dreams dashed will not be able to recover. As banks no longer lend as much, investment and spending are choked off, making recovery that much harder. The conclusion of all this is that the depression is here to stay. But the very last thing the writers in this essay want to deal with are the structural reasons for this decline and its global scope. The objections to the approach of this essay will now follow: 1. Not a single one of these writers mentions the word â€Å"gold. † For a long time, prices of gold have skyrocketed. The reason is not hard to see: gold is stable, it retains its value, it is a universal signal that something is not right with the globalist economy. God is a safe investment, far more safe than the dollar. But apparently, this is invisible to the authors. 2. The above authors have adeptly avoided the basic structural issues at work. a. First, that the basic contradiction in American capitalism is that excess production needs to be continually mopped up by wild consumption. As a result, American capital has gone insane in hiring PR firms and advertising agencies to create demand. b. The global economy is dependent on this artificially expanded and inflated demand, since these economies are export oriented, and that is economic code for â€Å"dumb Americans need to go into debt. † Without constant and deepening debt, the production not merely of American firms, but also the economies of the development world (largely shaped by American financial and political power), cannot sell their wares to the US and EU markets. c. Therefore, the basic contradiction is clear: debt drives the economy, but debt cannot last forever or get infinitely deeper. Therefore, global depressions and radical structural â€Å"re-adjustments† are a â€Å"normal† part of economic life. Put more succinctly, the entire artificial creation of demand is a scam designed to make a handful wealthy, while the remainder of the population drown in debt. Such a situation can only but deepen the already outrageous distinctions among classes in American and European life, as the majority default, while the liquidity becomes more and more monopolized by an oligarchy. The money here is not â€Å"lost, it merely changes hands. Well then, who now has it? The question is not even brought up, let alone answered. Money in these things is never â€Å"lost,† gone down some financial black hole: it changes hands. But the political and social implications of such a question cannot be realistically dealt with by major establishment publications such as FP. 3. But it gets worse: the contradiction in the relations between consumption and debt at the root of the economy is also related to the US dollar and its foreign holdings. Stephen Roach reminds American readers that home construction and personal consumption make up a whopping 80% of the US GDP. This means that no amount of â€Å"restructuring† can deal with the contradiction above. The contradiction lies at the very heart of the US economy and the global system, itself fashioned by the US. But its relation to the dollar is another matter. Most major trading states with the US such as China, South Korea or Saudi Arabia have been stocking dollars for decades for the purpose of facilitating trade with the US as well as maintaining a safe investment. But this is a major crisis that is closely connected to the credit contradiction, and the fact that it is avoided in the article mentioned cannot be an accident. The major trading partners of the US have trillions of liquid dollars in its banks. If the dollar weakens, or is replaced by the Euro for global trade, or that financial markets become regionalized (e. g. locally dependent on the Yuan or ruble), that liquid remains relatively worthless in foreign banks. Therefore, if the American economy is no longer the market of choice, due to the fact that credit cannot be extended any farther, then those now useless dollars will be ejected. That ejection, even by the most optimistic economist, can only means not merely the collapse of the US economy, but the collapse of the globalized economy as well. The notion, common to all the above authors, that the economy will eventually â€Å"recover† is a matter of dogma: it is not argued, merely assumed. But this is an assumption with a strong base. It is assumed because the alternative in unthinkable: a restructuring of the global economy based on regional or national lines, based around local production and occasional import substitution. Most economists are not even trained to handle such contingencies, and it is just not part of their vocabularies. But it is a necessity if the global recession turns into a major depression, and national states and regions begin being forced to protect their own populations instead of being part of the IMF/US led global economic system, where the irrationality of the American consumer and the amoral manipulation of the American elites mean the destruction of families and societies across the globe. They assume that globalization is â€Å"inevitable† and morally correct, and hence, that there is no other option. Theirs is the infamous â€Å"end of history† thesis of the official American ideologies at George Mason University: American empire is providential and has been crated by the â€Å"forces of history. † All moral problems have been solved and liberal democracy, anti-nationalism and globalism are here to stay. The subconscious acceptance of this fantastic view of history and American life colors all establishment writing on this subject. There is no real connection between university based economics and the average American. The former does not write for the latter, but for the system as a unit, more and more isolated from the average American family. Therefore, the question here is not merely an economic one, but a political one: there are now two Americas: the wealthy elite, university professors and TV talking heads on the one side, and the vast bulk of the (globe’s) population, on the other. They live two different lives: one suffers for the enrichment of the other. The global economy will not â€Å"bounce back,† as the nature of the current recession is built right into its assumptions and maxims. The job of modern economics, or so it seems, it to make sure that the average American consumer does not know that.

Friday, January 10, 2020

Planning techniques Essay

According to the BCG matrix, companies’ business units can be categorized into 4 categories. These categories are based on the amalgamations of market share and market growth relative to the biggest competitor. Based on BCG matrix, it is very good for the company when its products have large market share or the product’s market is growing very fast. The Boston Consulting Group Portfolio Matrix Stars indicate that the business or the product has high market share and high growth. †¢Large amount of money are invested and so these businesses/products are expected to generate considerable amount of cash. They are the leaders in that particular business. †¢Usually approximately in balance on net cash flow. Nevertheless, if any effort is needed to be made to keep the share it should been done because if the market share is maintained then the returns will be a cash cow. Cash cows are companies or products which have low market growth and high market share. †¢These are mature and successful businesses with high profit and cash generation †¢There is little need for investment because of the low growth. Dogs represent companies or products which have low growth and low market share. †¢These businesses neither generate nor consume a large amount of money. †¢The number of dogs in a company should be avoided and minimized. Question marks display organizations or products with high growth and low market share. †¢Question marks require huge amount of investment and have low returns because the market share is low. †¢If the market share stays low than question marks will constantly demand large amounts of money and as the growth terminates, they will convert in a dog. †¢However, if the market share increases then the question marks may return into a star and ultimately a cash cow as the market growth slows. The BCG Matrix Method helps to understand a common strategy mistake make by the companies which is: having a one-size-fits-all-approach to strategy. In such circumstances: A.Cash cows Business Units will reach easily their profit target and their managers will be permitted to invest more money in  the businesses which are developed but not growing any more. B.Dogs Business Units will not stop investing in order to ‘turn the business around’ C.Subsequently the investment made in Question Marks and Stars Business Units is mediocre and thus they do not have the opportunity to become cash cows. In this scenario there are only two things that the companies should do. Either these SBU should receive decent amount of cash to allow them to become a cash cow (or star), or companies should not invest anymore and try to take whatever amount of cash out of the question marks. Some of the drawbacks of the BCG Matrix are: 1.Having a high market share does not mean that the company or the product will be successful. 2.The attractiveness of markets is not indicated only by the market growth 3.It may happen that Dogs can achieve higher returns than Cash Cows. Profit impact on market strategy (PIMS) The Profit Impact of Market Strategy (PIMS) is a program which started initially in the USA, to determine how profit impacted on marketing strategy and vice versa. Based on the information collected from participating companies, PIMS estimated businesses’ market position and proposed feasible strategies. According to Lancaster, Massingham and Ashford (Essentials of Marketing, 4th edition, McGraw Hill), PIMS seeks to address three basic questions: †¢What is the typical profit rate for each type of business? †¢Given current strategies in a company, what are the future operating results likely to be? †¢What strategies are likely to help improve future operating results? Dibb, Simkin, Pride and Ferrell (Marketing Concepts and Strategies, 4th European edition, Houghton Mifflin) cite six principal areas of information that PIMS holds on each business: †¢characteristics of the business environment †¢competitive position of the business †¢structure of the production process †¢how the budget is allocated †¢strategic movement †¢Operating results. Businesses which want to use the service have to present detailed information, containing details of their: †¢competitors and market †¢balance sheet †¢assumptions about future sales. In return, PIMS produces four reports, described by Lancaster, Massingham and Ashford as: 1. A ‘PAR’ report – demonstrates the ROI and cash flows that are considered ‘normal’ for that particular kind of business, displaying its market, competition, technology, and cost structure. 2. A ‘Strategy Analysis’ report – shows the likely effects of strategy changes on ROI/cash flow both short and long term. This is achieved by analyzing the information of other companies in an analogue business making similar moves, from an equal starting-point and in similar business environment. 3. A ‘Report on Look-Alikes’ (ROLA) – analyzes strategically equivalent businesses more closely and then predicts the best combination of strategies for that particular company 4. An ‘Optimum Strategy’ report – is almost the same as ROLA because it recommends the best strategy for the company based on the experience of othe r companies in the same position. One of the disadvantages of this model is that the data has been misinterpreted in some cases. In addition, another area which can be argued is connecting the profitability to the market share. Shell Directional Policy Matrix The Shell Directional Policy Matrix is another refinement upon the Boston Matrix. It has two dimensions, vertical and horizontal. Next to the vertical axe are company’s competitive capabilities and next to the horizontal axe are the prospects for sector profitability. Different strategic decisions will be implied depending on the position of a Strategic Business Unit (SBU) in the matrix. Each of the cells is explained below: Disinvest: Disinvesting is the best option when the SBU is running in losses  with ambiguous cash flow because the situation is not going to ameliorate in the future. These liquidate or move the assets. Phased withdrawal: SBU’s with average competitive capability in low growth market has almost no chance to generate cash and as such they should be eliminated sequentially. Double or quit: this is all about gambling. There are two possible options to gamble and these are either to invest more in order to take full advantage of the prospects displayed by the market or to abandon the business. Custodial: SBU’s are just like a cash cow, milk it and do not commit any more resources. In this situation the corporate has to make a decision whether to get help from other SBU’s or exit the scene to concentrate more on other attractive business. Try harder: SBU may be doing fine for the moment but the future does not look promising and thus additional resources to strength their capabilities will be required. By trying harder, the company may take advantage of the business prospects thoroughly. Cash Generator: This is like a cash cow where no further amounts of cash are invested and SBU may carry on with their operations because the generation of cash is strong and satisfactory profit is made. Growth: In order to support product invention and R&D activities the SBU’s need investment. So ensuring that enough resources are available is crucial to grow the market. Market Leadership: Significant resources are concentrated on the SBU and so it must be the first priority. SHELL DPM has its limitations. The first limitation is that it assumes that the similar factors are entirely applicable for appraising the prospects of any product/business.

Thursday, January 2, 2020

America Is Not America Without The People Of Color

America is not America Without the People of Color In reading through the works of Zora Neale Hurston, W. E. B. DuBois, and Booker T. Washington, I traveled back in time and felt the pain and suffering of the black folks from the past. The three authors completed their works to the best of their understanding, experiences, and chosen disposition to the matter. While the tones and messages of their works differed from one another, addressing various issues at specific levels of either favouring it or opposing it, Hurston, DuBois, and Washington brought to light a single message: respect the race that had endured so much from the past and yet survived the test of time – the race of African-Americans. The three authors had their ways of describing the African-American race in their works. Their ways of writing reflected their personal techniques. Hurston’s approach was more on the artistic presentation of the issue. DuBois’ approach was historical and incorporated situated cognition in the process of presenting his arguments, relating the events to the present particularly in his academic exploration on the topic of social injustice and discrimination. Finally, Washington’s approach utilizes an autobiographical approach, which made the presentation more realistic to its audience. There were different intentions included in each author’s literary work. While Washington intended to inspire rather than provoke, DuBois’ aimed to introduce things, concept, and ideas, which wereShow MoreRelatedMartin Luther King I Have A Dream Speech Analysis1173 Words   |  5 Pageswas a minority that strived for equality amongst all human beings; no matter the colo r of the person or their religious background. People throughout American history have always had their differences, but he was able to bring people together and bring down barriers that rested upon human society. 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