Chapter 11 Essay Example | Topics and Well Written Essays - 500 words

Chapter 11 - Essay Example Overall, their impact on national and global economies has been benign. Irrespective of the cyclical booms and busts of technology driven economies, they tend to improve the standard of living for people. 3. Many people believe that the government should regulate business with respect to privacy online, but companies say self-regulation is more appropriate. Which approach would benefit consumers most? Business? A self-regulatory approach will be a better option, for it frees online businesses of cumbersome governmental regulation, which would have thwarted technological progress. Moreover, consumers can take care of their own interests, in that they can promote or condemn a particular brand based on the quality and safety it offers. So allowing businesses to self-regulate would be the best option. Intellectual property is the concept of ownership associated with a creative work. This work could either be technological innovation or artistic creation. Owners of intellectual property can protect their rights by taking a patent or copyright for their work, which will give them legal protection against theft and false claims of ownership. Bioethics refers to the field of inquiry pertaining to ethical and moral dimensions of biological research. Since most of the moral principles are derived from a human standpoint, it is possible that the rights to existence and fair treatment of lesser species are taken lightly. Of late, the advent of stem-cell research has opened up new dimensions of ethical dilemma, as it entails human cloning. Given the controversies surrounding GM foods, it is prudent to label them as such. So far, no extensive studies have been done on the effects of prolonged consumption of GM foods for humans. And till such a time comes when the safety of the GM variety is firmly established, it is an ethical imperative for agricultural companies to forewarn consumers of possible risks. A strategic

How successful is the EU in providing a regional response to the Essay

How successful is the EU in providing a regional response to the problems arising from globalisation - Essay Example e the United States, Canada and Mexico share NAFTA, the North American Free-Trade Agreement, much of Western, Central, and now Eastern Europe subscribes to the tenants of economic and political integration through what is arguably one of the most potent transnational organizations in the world, the European Union. The EU today has more than two dozen members and is in the process of further expansion. Will Turkey one day join the European nation of families? Will Serbia, the largest state of the former Yugoslavia, regain the favor of Western Europe and one day become a full-fledged member of the European Union? To what extent has the European Union been successful in providing a regional response to the problems arising from globalization? Globalisation has provided increased political pressures for the EU to expand and this arguably is the major challenge that it has faced over the past 20 years (Fierke & Wiener, 1999, 44-46). Seeking to analyse the EU’s pressures to expand i n a globalised world, the following aims to address how the EU has responded in a holistic fashion to expansion in an era globalisation. Created following the tumultuous events of the Second World War, the European Economic Community was an important precursor for the establishment of the European Union. Accordingly, the European Union is an international organization which is estimated to generate 30% of the worlds total Gross Domestic Product (Almond et al, 2002, 100). As an economic powerhouse with significant stature on the global stage, the European Union is presently in the process of increasing its membership and aims for near total European integration in the political, judicial, economic and social spheres (Almond et al, 2002, 101). The evolution of the European Union has occurred in tandem with the globalisation of the world community and the EU has fundamentally changed in composition since its inception. Accordingly, since the fall of the Soviet Union in 1991, the EU has