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Showing posts from September, 2014

Consumer Rights

v Consumer Exploitation Ø In capitalist society consumer in king however companies poorly treat them. Reasons        I.             When Goods & Services short in supply – prices go high i.e inflation.      II.             Monopoly: manipulation in price by hoarding & black marketing    III.             Low Literacy & ignorance : leads to exploitation   IV.             Unorganized consumers widely dispersed & not united.     V.             Misleading information through ads, false promises. v Forms of Consumer Exploitation        I.      ...

CHALLENGE TO DEMOCRACY

challenge to democracy ®       We usually call only those difficulties a ‘challenge’ which are significant and which can be overcome. A challenge is a difficulty that carries within it an opportunity for progress. Once we overcome a challenge we go up to a higher level than before. ®       At least one fourth of the globe is still not under democratic government. The challenge for democracy in these parts of the world is very stark. foundational challenge ®       Non-Democratic countries face the foundational challenge of making the transition to democracy and then instituting democratic government. This involves bringing down the existing non-democratic regime, keeping military away from controlling government and establishing a sovereign and functional state.                     Examples 1. ...