Sunday, February 16, 2020

Analyze Machiavelli and Plato and their relationship to each other Essay

Analyze Machiavelli and Plato and their relationship to each other - Essay Example His views advocated certain courses of action. The scholar has two sides of the argument stating what the prince should do in times of war and what he should do in times of peace. In his work known as the Prince that gives details on how the prince should act in times of war is most famous of all his works and has gained many quotes over time. In the Prince, he begins by talking on how the two monarchies that existed quickly moved to retain a rebel territory that had been conquered (Machiavelli & Parks, 2009). He talks of how the prince should have a good fortune so that he retained the rebels acquired, and he was supposed to dedicate himself to the task at hand in handling the rebels. He continues in explaining how the prince was supposed to rule the people he acquired after conquering a new territory and tells of the different ways to govern a city that was used to its liberty and independence (Machiavelli & Parks, 2009). The prince was to destroy them, live together with them or decide to leave them alone. He stated the different ways in which the princes’ who acquired power through violent and nonviolent ways were to conduct themselves. The code of conduct all depended on the amount of support that the ruler had from the population. According to him, he maintains that the rulers friendships with the population acted to help them rule with ease and experience little resistance from the people being ruled. The writer talks of how the ruler must be feared by all but not hated, he also talks of how the leaders are supposed to walk with great ability imposed upon them by the people. The status is to be achieved only if the prince keeps distance from the lives of the ordinary people below him in rank. There is also the other side of Machiavelli where he talks about the end justifying the means and this is Machiavellis side of the republic. In his work, he talks of the republic and argues that it is the best form of

Sunday, February 2, 2020

Monopolistic Competition and Oligopoly market structures Essay - 2

Monopolistic Competition and Oligopoly market structures - Essay Example In the short run the firms operating in monopolistic market can act as monopolies but in the long run the other firms enter into the market and the gains of differentiation takes the downward sloping curve with competition (Cashel-Cordo, n.d, p. 23). Oligopoly is regarded as the market structure where there are large firms operating in the market with significant barriers to entry. The oligopolists are aware of the conditions prevailing in the market as the market is dominated by only few sellers. The decision undertaken by one firm will influence the other firms operating in the market as well as the market as a whole. The decision or the responses of the market participants should be taken into account in the planning process. The prevailing competition in the market structure can give rise different outcomes. An operating firm in the oligopolistic firm can maximise the profit by operating at the level where marginal revenue is same as marginal costs. The primary differences betwee n the two types of market structures are in terms of relative size and control of the market of each firm on the basis of the number of competitors in the existing market structure. It is difficult to find clear cut evidences that cite the differences between the two market structures. Some industries can posses the characteristics of both oligopoly and monopolistic firm. With decrease in the level of competition the firms tend to behave more likely to that of oligopoly and less likely to that of monopolistic competition.