Tuesday, December 31, 2019
Wall Street Crash of October 1929
In the 1920s, many people felt they could make a fortune from the stock market. Forgetting the volatility of the stock market, theyà invested their entire life savings. Others bought stocks on credit (margin). When the stock market took a dive on Black Tuesday, October 29, 1929, the country was unprepared. The economic devastation caused by the Stock Market Crash of 1929 was a key factor in beginning the Great Depression. A Time of Optimism The end of World War I in 1919 heralded a new era in the United States. It was an era of enthusiasm, confidence, and optimism, a time when inventions such as the airplane and the radio made anything seem possible. Morals from the nineteenth century were set aside. Flappers became the model of the new woman, and Prohibition renewed confidence in the productivity of the common man. It is in such times of optimism that people take their savings out from under their mattresses and out of banks and invest it. In the 1920s, many invested in the stock market. The Stock Market Boom Although the stock market has the reputation of being a risky investment, it did not appear that way in the 1920s. With the mood of the country exuberant, the stock market seemed an infallible investment in the future. As more people invested in the stock market, stock prices began to rise. This was first noticeable in 1925. Stock prices then bobbed up and down throughout 1925 and 1926, followed by a strong upward trend in 1927. The strong bull market (when prices are rising in the stock market) enticed even more people to invest. By 1928, a stock market boom had begun. The stock market boom changed the way investors viewed the stock market. No longer was the stock market only for long-term investment. Rather, in 1928, the stock market had become a place where everyday people truly believed that they could become rich. Interest in the stock market reached a fevered pitch. Stocks had become the talk of every town. Discussions about stocks could be heard everywhere, from parties to barber shops. As newspapers reported stories of ordinary people, like chauffeurs, maids, and teachers, making millions off the stock market, the fervor to buy stocks grew exponentially. Buying on Margin An increasing number of people wanted to buy stocks, but not everyone had the money to do so. When someone did not have the money to pay the full price of stocks, they could buy stocks on margin. Buying stocks on margin means that the buyer would put down some of his own money, but the rest he would borrow from a broker. In the 1920s, the buyer only had to put down 10 to 20 percent of his own money and thus borrowed 80 to 90 percent of the cost of the stock. Buying on margin could be very risky. If the price of stock fell lower than the loan amount, the broker would likely issue a margin call, which means the buyer must come up with the cash to pay back his loan immediately. In the 1920s, many speculators (people who hoped to make a lot of money on the stock market) bought stocks on margin. Confident in what seemed a never-ending rise in prices, many of these speculators neglected to seriously consider the risk they were taking. Signs of Trouble By early 1929, people across the United States were scrambling to get into the stock market. The profits seemed so assured that even many companies placed money in the stock market. Even more problematic, some banks placed customers money in the stock market without their knowledge. With the stock market prices upward bound, everything seemed wonderful. When the great crash hit in October, people were taken by surprise. However, there had been warning signs. On March 25, 1929, the stock market suffered a mini-crash. It was a prelude of what was to come. As prices began to drop, panic struck across the country as margin calls were issued. When banker Charles Mitchell made an announcement that his bank would keep lending, his reassurance stopped the panic. Although Mitchell and others tried the tactic of reassurance again in October, it did not stop the big crash. By the spring of 1929, there were additional signs that the economy might be headed for a serious setback. Steel production went down; house construction slowed, and car sales waned. At this time, there were also a few reputable people warning of an impending, major crash. However, when months went by without one, those that advised caution were labeled pessimists and ignored. Summer Boom Both the mini-crash and the naysayers were nearly forgotten when the market surged ahead during the summer of 1929. From June through August, stock market prices reached their highest levels to date. To many, the continual increase in stocks seemed inevitable. When economist Irving Fisher stated, Stock prices have reached what looks like a permanently high plateau, he was stating what many speculators wanted to believe. On September 3, 1929, the stock market reached its peak with the Dow Jones Industrial Average closing at 381.17. Two days later, the market started dropping. At first, there was no massive drop. Stock prices fluctuated throughout September and into October until the massive drop on Black Thursday. Black Thursday, October 24, 1929 On the morning of Thursday, October 24, 1929, stock prices plummeted. Vast numbers of people were selling their stocks. Margin calls were sent out. People across the country watched the ticker as the numbers it spit out spelled their doom. The ticker was so overwhelmed that it quickly fell behind. A crowd gathered outside of the New York Stock Exchange on Wall Street, stunned at the downturn. Rumors circulated of people dying by suicide. To the great relief of many, the panic subsided in the afternoon. When a group of bankers pooled their money and invested a large sum back into the stock market, their willingness to invest their own money in the stock market convinced others to stop selling. The morning had been shocking, but the recovery was amazing. By the end of the day, many people were again buying stocks at what they thought were bargain prices. On Black Thursday, 12.9 million shares were sold, which was double the previous record. Four days later, the stock market fell again. Black Monday, October 28, 1929 Although the market had closed on an upswing on Black Thursday, the low numbers of the ticker that day had shocked many speculators. Hoping to get out of the stock market before they lost everything (as they thought they had on Thursday morning), they decided to sell. This time, as the stock prices plummeted, no one came in to save it. Black Tuesday, October 29, 1929 October 29, 1929, became known as the worst day in stock market history and was called, Black Tuesday. There were so many orders to sell that the ticker quickly fell behind. By the end of close, it had lagged to 2 1/2 hours behind. People were in a panic, and they couldnt get rid of their stocks fast enough. Since everyone was selling, and nearly no one was buying, stock prices collapsed. Rather than the bankers rallying investors by buying more stocks, rumors circulated that they were selling. Panic hit the country. Over 16.4 million shares of stock were sold, a new record. The Drop Continues Not sure how to stem the panic, the decision was made to close the stock market on Friday, November 1 for a few days. When it reopened on Monday, November 4 for limited hours, stocks dropped again. The slump continued until November 23, 1929, when prices seemed to stabilize. However, this was not the end. Over the next two years, the stock market continued to drop. It reached its low point on July 8, 1932, when the Dow Jones Industrial Average closed at 41.22. Aftermath To say that theà Stock Market Crash of 1929à devastated the economy is an understatement. Although reports of mass suicides in the aftermath of the crash were most likely exaggerations, many people lost their entire savings. Numerous companies were ruined. Faith in banks was destroyed. The Stock Market Crash of 1929 occurred at the beginning of the Great Depression. Whether it was a symptom of the impending depression or a direct cause of it is still hotly debated. Historians, economists, and others continue to study the Stock Market Crash of 1929 in the hopes of discovering the secret to what started the boom and what instigated the panic. As of yet, there has been little agreement as to the causes. In the years after the crash, regulations covering buying stocks on margin and the roles of banks have added protections in the hopes that another severe crash could never happen again.
Monday, December 23, 2019
The Ethics Of Prenatal Screening - 1728 Words
Ethics of Prenatal Screening Prenatal screening itself is a moment that holds uncertainty and can change the lives of those involved. . The chance of having a boy or girl seems to be the least of worries of expectant parents. Having a child with disability has been stigmatized to be a much bigger issue that is considered a ââ¬Å"problemâ⬠in society. Even with issues surrounding prenatal screening, and it being ethical or ââ¬Å"the right thing to do,â⬠the worries of people with disabilities about how prenatal screening is handled can be answered. Tom Shakespeare references in, Solving the Disability Problem Whose Responsibility? how ââ¬Å"scientific progress has created a situation in which childhood disability has moved from being considered a random chance or act of God, to something which can often be anticipated, and thus preventedâ⬠(Shakespeare 2005). Before science could tell us the gender of our future children, and any other problem that may entail, it was up to chance and choice whe ther one would follow through with complete pregnancy. With technology and advances in prenatal screening, anticipation is removed, predominantly due to the fear of having to raise a child with a disability. In contrast to negative and opposing views, Madeo et. al mentioned Lardy et. alââ¬â¢s study, which showed that those who suffer from a disability have the ability to maintain, ââ¬Å"friendships, hold jobs, and go to schoolâ⬠(Madeo et. al 2010, 1778). Even with attitudes, which dishearten the lives of theShow MoreRelatedEthics Of Computing And The Internet1173 Words à |à 5 Pages Ethics in Computing and the Internet Jorge Zacarias Written Assignment Unit 7 University of the People Inside the topic of health care system ethic is implicit the pregnancy dilemma. This wide topic can include hundreds of pages; herein we are going to cover principalââ¬â¢s data of this essential topic in todayââ¬â¢s lives. Pregnancy includes a debate for more than 4 decades and some topics that affect not only mothers even child, there are many dilemmas surrounding this controversialRead MoreEthics Of Computing And The Internet1173 Words à |à 5 Pages Ethics in Computing and the Internet Jorge Zacarias Written Assignment Unit 7 University of the People Inside the topic of health care system ethic is implicit the pregnancy dilemma. This wide topic can include hundreds of pages; herein we are going to cover principalââ¬â¢s data of this essential topic in todayââ¬â¢s lives. Pregnancy includes a debate for more than 4 decades and some topics that affect not only mothers even child, there are many dilemmas surrounding this controversialRead MoreArgument Against Prenatal Genetic Screening1845 Words à |à 8 PagesArgument Against Prenatal Genetic Screening In this essay, I will argue that prenatal screening for disabilities for the intent of actively choosing to have a child without a disability is immoral. By disability, I mean the definition provided in a medical dictionary: ââ¬Å"A disadvantage or deficiency, especially a physical or mental impairment that prevents or restricts normal achievementâ⬠. This does not include diseases that are considered inevitably and irreversibly fatal, nor does it include birthRead MoreThe Field Of Reproductive Technology1484 Words à |à 6 Pagestrue within the field of reproductive technology. Advancements in this field has expanded family options significantly with the advent of reproductive technologies such as in vetro fertilization, embryo transplant, and varying genetic testing and screening (Finsterbusch, 2008). However, what drives humanity to want to modify humankind? Should there be limits placed on these modifications? And, how far should we really go? According to the Presidentââ¬â¢s Council on Bioethics, the completion of the DNARead MoreEthics at the Beginning of Life: Prenatal Genetic Testing3950 Words à |à 16 PagesEthics at the Beginning of Life: Prenatal Genetic Testing Lauren Delucca Linda Field Despain Cynthia Ventura-Lippert Submitted to Dr. Mark Jumper in partial fulfillment of HCE430, Health Care Ethics Regis University October 13, 2012 Prenatal Genetic Testing Prenatal testing and genetic testing developed hand in hand. Many genes, the basic unit of heredity, are now known through the human genome project (Pence, 2011, pp. 273-274). Genetic testing can identify theRead MoreThe Benefits of Human Genetic Engineering Essay1654 Words à |à 7 Pagessomeone goes in and takes that malignant gene out of the equation with the help of Assisted Reproductive Technology (ART) such as embryo screening, in vitro fertilization, and pre-implantation genetics. ââ¬Å"PGD allows couples at risk of transmitting a genetic disease to ensure their future children are unaffected by the disease without going through the process of prenatal diagnosisâ⬠¦and being forced to make the difficult decision regarding pregnancy terminationâ⬠(Pray). Doctors can perform a procedure whereRead MoreEthical Issues Regarding Prenatal Testing1498 Words à |à 6 PagesEthical Issues Pertaining to Prenatal Testing Rebecca Arsenault University of Saint Joseph Ethical Issues Pertaining to Prenatal Testing The advances in medical and scientific research have impacted todayââ¬â¢s society by constituting cures and treatments for illnesses and disabilities. A woman can now have her unborn child tested for diseases and disabilities before the child is born. This testing is called prenatal diagnosis and has become increasingly popular. Regretfully, selective abortionRead MoreNew World Or Gattaca Style Dystopic Future Development Of Effective Prevention And Treatment Strategies For A Great3494 Words à |à 14 Pageshuman embryo to fears about slippery slopes into a Brave New World or Gattaca-style dystopic future characterized by designer children and a genetic underclass. In the following, I will attempt to map out the current debate as it applies to genetic screening and testing, with special attention paid to the criticism offered by disability studies theory and disability rights advocates. I will begin with a brief overview of the traditional arguments in favor of reproductive liberty and a more permissiveRead MorePrenatal Genetic Testing Should Be Allowed1569 Words à |à 7 Pagestesting and manipulation. Prenatal genetic testing is becoming more readily available to expectant parents, many who currently appreciate the option of amniocentesis, a procedure performed in the second trimester to test for Down syndrome, among other prenatal tests (Lippman 383). However, technology has advanced to the point where doctors will be able to test fetuses and embryos for potential defects, and this point of contention has led to a debate on whether prenatal genetic testing should beRead MoreThe Pregnancy Of A Foetus Diagnosed With Down Syndrome1610 Words à |à 7 Pagesestimated to occur in 1 out of every 650- 1000 live births (Bittles Glasson, 2004), receiving a positive diagnosis of Down Syndrome can be very overwhelming for the parents. Prenatal diagnosis and screening are controversial when we refer to ethical considerations, but the benefits that they provide are undeniable. Prenatal tests do not only facilitate choices through information provision, but also allow the parents to recognise and prepare for the challenges that their unborn child and their family
Sunday, December 15, 2019
Neo-Liberal Hyperglobalism Free Essays
Globalisation is a major topic of debate of our era. Globalisation can be defined as the ââ¬Å"global growing interconnectedness between economy, technology, culture and political institutionsâ⬠(Lofgren Sarangi, 2009, pg. 57). We will write a custom essay sample on Neo-Liberal Hyperglobalism or any similar topic only for you Order Now This essay will discuss how globalisation can be good for developing countries. By applying Neo-liberal Hyperglobalism, I will analyse and demonstrate the various beneficial effects of globalisation through the case of India and the reform measures they have recently taken towards globalisation. Globalisation can provide new opportunities for developing countries due to increased access to developed country markets and technology, resulting in improved productivity and higher living standards (Balakrishnan, 2004). Following a major economic crises, India liberalised itââ¬â¢s economy in the early nineties. Inflation had rocketed to an annual rate of 17%, high fiscal deficit had become unsustainable and foreign investors confidence in Indian Economy was low (Goyal, 2006, p. 167). It was these factors that put pressure on the Indian government to call for a complete revamp of their economic policies. Some of the major changes made, as part of the economic liberalisation and globalisation strategy, included governmentââ¬â¢s privatisation and disinvestment in a majority of the public sector undertakings, allowing foreign direct investment (FDI) across many industries, the removal of quantitative restrictions on imports and the reduction of customs tariff from over 300% to 30 % (Goyal, 2006, p. 167). The main purpose of Indiaââ¬â¢s economic reform is to ultimately ââ¬Å"integrate Indian economy with world economyâ⬠(Singh, 1995, p. 36). This liberalisation and globalisation of the economy can help solve Indiaââ¬â¢s major problems of unemployment and poverty. Indiaââ¬â¢s economic reform favours a more open and market orientated economy (Goyal, 2006, p. 166). Indiaââ¬â¢s new economic structure emulates the principals of neo-liberal Hyperglobalism. Neo-liberal Hyperglobalism ââ¬Å"celebrates the global dominance of market principals over state powerâ⬠(Lofgren Sarangi, 2009, pg. 70). This means that decisions about allocation, production and distribution in the economy are left to the global economy rather than the government. Burke, Devetak George, 2008, p. 299). States are increasingly the ââ¬Ëdecision- takersââ¬â¢ and not the ââ¬Ëdecision-makersââ¬â¢ (Goldblatt, Held, McGrew Perraton, 1999). Three key terms that come out of neoliberalism are deregulation, liberalisation and privatisation all of which Indiaââ¬â¢s new economic policies draw on. Neo-liberal Hyperglobalism favours global ism as beneficial process for a developing country. The benefits that Neo-liberal Hyperglobalism can provide are evident in India. Indiaââ¬â¢s steps towards globalisation through new economic reforms have produced some significant benefits for the country. The privatisation of particular state-owned enterprises provides the government with an increased amount of cash which they can then spend on increasing their citizenââ¬â¢s quality of life through increased food supplies and the development of hospitals, schools, infrastructure etc in poverty stricken regions. The domestic economy has been freed up from state control, virtually abolishing state monopoly in all sectors (Panagariya, 2001). This has lead to greater competition in industries; resulting in lower prices, a greater supply of goods which benefits the citizens (Goyal, 2006, p. 68). Another step towards globalisation that has proven beneficial for India is the decision to allow foreign direct investment in the Indian industry. The huge amounts of foreign investment that now enter India have significantly boosted the countryââ¬â¢s economy. Many foreign companies have set up industries in India, mainly in pharmaceutical, BPO, petroleum, manufacturing and chemical sectors, which have created greater employment opportunities for Indian people, decreasing unemployment and poverty (Dwivedi, 2009). A further benefit of globalisation due to foreign investment in India is the advanced technology that the foreign companies bring with them (Dwivedi, 2009). Advancements in medicine which improve the health of citizens is an example how becoming more technologically advanced can be beneficial for the country. The economic reforms that reduce custom tariffs and remove restrictions on imports support the principals of neo-liberal Hyperglobalism. That is that measures should be taken that allow trade and finance to have unrestricted movement (Burke et. al. , 2010). Removing taxes and quotas can increase international trade which in turn increases economic competition. Competition was rife in the economy, after Indiaââ¬â¢s economic reform, as more imports were encouraged (Balakrishnan, 2004). Exports also significantly increased as countries became more willing to accept Indiaââ¬â¢s products due to the reductions in custom tariffs (Goyal, 2006, p. 170). This improved relationship between India and its trading partners can encourage low prices, reduce unemployment through the creation of more jobs and induce improved living standards. Improved relationships between developed and undeveloped economies can prove to be profitable and extremely valuable for developing countries especially when future policies have to be negotiated. Overall, the economic reforms initiated in India since 1991 has helped the Indian economy to grow at a faster rate and led to fiscal consolidation, control of inflation, and increased foreign investment and technology (Goyal, 2006). The reforms aimed to lliberalise and globalise the domestic economy have helped boost GDP growth rates, which increased from 5. 6% in 1990-91 to a peak level of 77. % in 1996-97 (Balakrishnan, 2004). The new economic policies have also proven to increase citizenââ¬â¢s living standards with increased employment opportunities and a decrease in poverty from 36% in 1993-94 to 26. 1% in 1999-2000 (Fox, 2002). The new policies can be used to further support the countryââ¬â¢s citizens and develop the country. The Indian governmentââ¬â¢s strategy to globalise t heir economy has revealed that globalisation can be beneficial to a developing country by aiding the nation to a more favourable financial position. However, there are also negative effects of globalisation. A significant negative effect is the increase in inequality that can arise from globalisation. There have been arguments that state an increase in GDP can in fact increase income inequality. ââ¬Å"Wealth is still concentrated in the hands of a few individuals and a common man in a developing country is yet to see any major benefits of globalizationâ⬠(Lovekar, 2010). Also multi-national corporations (MNC) can worsen income inequality by generating jobs and producing goods that primarily benefit the richest portion of the population (Positive and Negative Effects of Multinational Corporations, 2010). This means that the richer are getting richer and the poorer are getting poorer. Many employees are working in awful conditions where negligible health and safety regulations apply. This is an example of globalisation can develop an exploitative nature. Furthermore, ââ¬Å"the market economy seems to be more concentrated on the growth of consumerism to attract the high income groups who are mostly in the cities in the developing countriesâ⬠(Malik, 2010, p. 4). The globalisation strategy paid little attention to the rural economy and the agricultural sector, which is essentially the backbone of the Indian economy. The agriculture sector is a major provider of food and nutrition to the people as well as raw materials to industries and to export trade (Malik, 2010). A further impact the globalisation strategy has had on agriculture sector is the decrease of agricultureââ¬â¢s share in GDP, which has resulted in a decrease of the per capita income of the farmers and an increase of rural indebtedness (Malik, 2010). Indiaââ¬â¢s era of reforms exhibit many themes that are parallel those of Neo-liberal Hyperglobalism. Since 1991, India has experienced the strong inroad of neoliberalism (Lofgren Sarangi, 2009). The new economic reforms indicate a strong movement towards deregulation, privitisation and liberalisation of the Indian economy. These three factors are all examples of neoliberalism (Burke et. al. , 2010). A neo-liberal hyperglobalist state would believe that rather than the government trying to regulate and control the market through strict policies, the government should make policies to accommodate and open up the market. Indiaââ¬â¢s new policies indicate the governmentââ¬â¢s willingness to adopt this thinking and it is through this thinking that has marked Indiaââ¬â¢s steps towards the ââ¬Å"real integration of the Indian economy into the global economyâ⬠(Malik, 2010, p. 1). In other words India is taking steps towards globalisation. India is an example of how the globalisation of a developing country can be positive and beneficial. Although there are some unfavourable effects such as income inequality, the overall benefits a developing country can receive from globalisation outweigh the negatives. India has proved how applying neo-liberal hyperglobalist principals to the domestic economy of a country can prove to be advantageous. With a greater focus on further developing a globalised economy, developing countries can aim to increase the working and living standards for the countryââ¬â¢s citizens and subsequently become a healthy and wealthier state. A more liberal and global market can achieve improved living standards and wealth through the promotion of competition, efficiency, productivity, technological-upgradation and growth (Singh, 1995). Hence I believe, like a hyperglobalist, that globalisation is good for a developing country. References Balakrishnan, C. (2004). Impact of Globalisation on Developing Countries and India. Retrieved October 10, 2010, from http://economics. about. com/od/globalizationtrade/l/aaglobalization. htm Burke, A. , Devetak, R. , George, J. (2008). An Introduction to International Relations: Australian Perspective. New York: Cambridge University Press. Dwivedi, M. (2009). South Asia Security. India: Kalpaz Publications. Fox, J. W. (2002). Poverty in India Since 1974: A Country Case Study. Retrieved October 10, 2010, from http://www. ekh. lu. se/ekhcgu/teaching/401d4/poverty%20in%20india. pdf Goldblatt, D. , Held, D. , McGrew, A. , Perraton, J. (1999). Global Transformations: What is globalisation? Retrieved October 11, 2010, from http://www. polity. co. uk/global/whatisglobalization. asp Goyal, K. A. (2006). Impact of Globalization on Developing Countries (With Special Reference To India). International Research Journal of Finance and Economics, (5), 1450-2887. Retrieved October 10, 2010, from http://www. eurojournals. com/IRJFE%206%20goyal. pdf Lofgren, H. , Sarangi, P. (2009). The Politics and Culture of Globalisation: India and Australia. Social Science Press. Lovekar, V. (2010). Advantages and Disadvantages of Globalization. Retrieved October 11, 2010, from http://www. buzzle. com/articles/advantages-and-disadvantages-of-globalization. html Malik, T. (2010). Impact of globalization on Indian economy- An overview. Retrieved October 10, 2010, from http://www. ibre2fashion. com/industry-article/8/738/impact-of-globalization7. asp Panagariya, A. (2001). Indiaââ¬â¢s Economic Reforms: What Has Been Accomplished? What Remains to Be Done? ERD POLICY BRIEF SERIES Economics and Research Department,(2). Retrieved October 10, 2010, from http://www. adb. org/Documents/EDRC/Policy_Briefs/PB002. pdf Positive and Negative Effects of Multinational Corporations. (2010). Retrieved October 11, 2010, from http://www. socialscience. gardner-webb. edu/Fac ulty/craymond/Devdocs/DevMNCposn How to cite Neo-Liberal Hyperglobalism, Papers
Saturday, December 7, 2019
Creative short stories Essay Example For Students
Creative short stories Essay MacBethsTransformation from Brave Macbeth to This dead ButcherWilliam Shakespeares play MacBeth tells the story of Macbeth change from a bravegeneral, to a vicious murderer. At the start of the play Macbeth is acknowledge by theking as a brave and honourable general, after he heard of Macbeths great victory in thebattlefield. He promotes Macbeth to Thane of Cawdor, which was still unknown by bothMacbeth and Banquo when they came across the three weird sisters. All Hail Macbeth, hail to thee Thane of Cawdor (I:III:51)All Hail Macbeth, that shalt be king hereafter (I:III:53)Macbeth was sceptical about these prophecies, however developed faith in them whenRoss, following the kings orders titles him Thane of Cawdor. Macbeth does not let on to anyone about his ever-increasing desire to become king. If chance will have me king, why chance will crown me. (I:III:154)Macbeth tells his lady about the prophecies and she is instantly enthusiastic about theprospect of Macbeth becoming king. Great Glamis, Worthy Cawdor! Greater than both by the all-hail hereafter!Thy letters have transported me beyond this ignorant present and I feel now thefuture is an instant. (I:V:58)Macbeths desire turns to an obsession and with lady Macbeth; they make plans toassassinate king Duncan. Macbeths strong conscience overpowers his obsession andhe resigns from the fatal ploy. He sees a vision of a dagger drifting in the direction ofDuncans room, which convinces him to take part in the sinful act of murder. False face must hide what the false heart doth know. (I:VII:92)Macbeth is discomforted and confused after the murder of Duncan, but does notexpress his emotions to anyone. Malcom and Donalbain Duncans sons in fear for theirlives flee the country, leaving Macbeth to assume the role as king. After reigning as king for a little while, Macbeth becomes concerned with the continuationof his supremacy. The weird sisters spoke of Banquo as being lesser but greater, not sohappy yet much happier, Thou shalt get kings though be none (I:III:68)This plays on Macbeths mind for a while and his desire proves to be to strong. His guiltyconscience is taken over and in an attempt to control fate Macbeth devises a plan to killboth Banquo and his son Fleance. Macbeth is disturbed when he receives word that Banquo had been murdered, butFleance escaped. Macbeth begins to hallucinate and is constantly hunted by a ghost ofBanquo. During these hallucinations in the presence of many noblemen, Macbethreveals emotions and thoughts from deep down inside. Many noblemen now suspect himas the murderer of Duncan and Banquo. He becomes isolated from many peopleincluding Lady Macbeth. Macbeths desire to reign as king has led him to kill. His obsession drives him to revisit the weird sisters, to obtain the answers to hisquestions. MacBeths fatal flaw is shown clearly when the image of Eight kings passbefore him, with the Ghost of Banquo following. What is this so? (IV:I:134)Ay sir, all this is so; but why stands MacBeth so amazedly (IV:I:138)It shows that he has yet to realise that he cannot control fate, and Banquo will father aline of kings no matter what he does to try and prevent it from happening. The first of the second set of prophecies Beware Macduff! Beware the Thane of Fife. (IV:I:77)almost instantly became apparent when Lennox brings word that Macduff has fled toEngland. The bluntness of his orders shows how selfish and arrogant he has become. .ud0470db38781142e83d380788428068d , .ud0470db38781142e83d380788428068d .postImageUrl , .ud0470db38781142e83d380788428068d .centered-text-area { min-height: 80px; position: relative; } .ud0470db38781142e83d380788428068d , .ud0470db38781142e83d380788428068d:hover , .ud0470db38781142e83d380788428068d:visited , .ud0470db38781142e83d380788428068d:active { border:0!important; } .ud0470db38781142e83d380788428068d .clearfix:after { content: ""; display: table; clear: both; } .ud0470db38781142e83d380788428068d { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud0470db38781142e83d380788428068d:active , .ud0470db38781142e83d380788428068d:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud0470db38781142e83d380788428068d .centered-text-area { width: 100%; position: relative ; } .ud0470db38781142e83d380788428068d .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud0470db38781142e83d380788428068d .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud0470db38781142e83d380788428068d .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud0470db38781142e83d380788428068d:hover .ctaButton { background-color: #34495E!important; } .ud0470db38781142e83d380788428068d .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud0470db38781142e83d380788428068d .ud0470db38781142e83d380788428068d-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud0470db38781142e83d380788428068d:after { content: ""; display: block; clear: both; } READ: Compare / Contrast - Baseball EssaySeize upon Fife; give to the edge o the sword, his wife, his babies, and all theunfortunate souls that trace him to his line. (IV:I:165)MacBeth is prepared for the invasion by Macduff and Malcom, his overwhelming pridecauses him to feel fearless of Macduff, and is filled with confidence before they confronteach other, but when they do eventually meet MacBeth does not want to fight. He hasrealised how ruthless he has been in his actions and how guilty he is of slaughteringmany innocent people to benefit him. How selfish and pretentious he has been in hisattempt to control fate. He is eventually slained after being to proud to concede defea tand having to kneel before his successor, the son of his first victim, Malcom. MacBeths transformation from a brave general to a dead murderer, was not gradual, hisoverwhelming pride and his inability to realise he could not play the part of God broughtabout
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