The Economic of Happiness Analysis

The economics of happiness The movement of economic globalization Is significantly turning Into a massive expansion in the scale of big business and enterprise: following by the deterioration of nearly every problem we have to face up with: ethnic and fundamentalism conflict; ecological and environmental friction; financial instability and unemployment. The Economics of Happiness clearly describes these movements and the conceptions within on the perspectives of both opposing sides of society.

To be analyzed, the Ideas of The Economics of Happiness gave me the clearer understanding on the paid rational spread of economic globalization on both sides of perspectives. The first discussed view point focused on the case study of Tibet, further describes about the promotion of globalization and the consolidation of corporate power, which is step by step re-regulate the finance, trade and more over for a different future of society.

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As consequence, globalization movement resulted in society by aspect to aspect: cultural self-rejection, natural resources wastefully usage, climate change acceleration, competition and divisiveness, etc. Above all, I can learn from them the teeter definition of economic globalization, and moreover, the inconvenient side of globalization consequences. Secondly, the movie presents me the inspiration, and also, the potential and practical solution for the recent wide-spread dilemmas. The mentioned point put the discussion on economic localization arguing that it would be the potential solution for the recent problems.

Hence, localization brings the benefit of restoration of biological diversity, local economies and enlarging local food movement In the scale of worldwide_ Additionally and initiative, there are events of community that lead this solution forward. In conclusion, after watching The Economics of Happiness, I can understand more about the globalizes economy, moreover on its ramifications unto the ecological environment and society, and the localizing solution which potentially not only can heal those problems but also restore the sense of well-being in each Individual.

The Economics of Happiness challenges me to restore my faith In humanity and furthermore, to believe In the possibility of building a better world. Topic 2: Black Gold Movie Analysis The Black Gold movie Is about the effort of Deadest Mesilla, the leader of the Aroma Coffee Farmers Cooperative union who strives to help coffee growers earn a higher price for the produce. Known as “black gold”, coffee is the second most valuable commodity in the world which fosters a business worth over 80 millions dollars.

However, more and more growers are being forced to abandon their fields because of the low price which the raw coffee beans fetch. This is caused by the fact that most buyers base their price on the price determined by the New York Board of Trade and he middlemen Involved In the trade of coffee, who would buy raw coffee for a low the world in order to find new buyers for his coffee, he wishes to raise the awareness of consumers on the current situation of growers in African nations and find buyers who would pay a fair price for his people ‘s coffee.

The life of Ethiopians growers, who produced the original coffee beans, were depicted in stark contrast compared to the way coffee is bring enjoyed in most Western countries. While many people take for granted the coffee as an indispensable part of their life (the scenes at Struck and Italian coffee restaurants) most growers are not able to support their family financially with the price they get for their produce and many of them turn to other plants such as chat (a drug-like plant) in order to sustain their life.

What I found to be most compelling about the movie was the inequality that exists in the business of coffee trade.

It is unfair for the growers that they have to suffer from poverty and have no power when the price of their produce is determined. It is also not right for most consumers that they have very little knowledge of what they buy and how that effects most growers. While they are not to blame, it would be much better if more is done to raise their awareness, as Deadest states: “Our hope is one day the consumer will understand what they are drinking”.

I also found Deadest to be a praise-worthy individual who goes out of his way in order to fight for his people and help consumers know more about how their very choice of coffee, no matter how trivial, may greatly change the life of people who gave them the coffee they so enjoy and take for granted. The challenge for Deadest and his fellow countrymen is huge, for it s not Just about getting a better payment for their work, but it is also about changing the business trend in the coffee trade and people ‘s perspective about the products they buy.

Globalization has had quite many negative effects on the development of many African countries, their people are dependent on the trade of raw materials, which is not financially sufficient to survive, not to mention the fact that this only benefit the Western countries that purchase the raw materials mostly.

In the long run, this trend will push many African countries further into poverty and provide hem with little chances of improving their life. Topic 3 The End of Poverty The movie is about the origin of poverty and how it has since been worsened by Western exploitation of African countries.

Fair Trade is possible and probably is not the solution to poverty. Fair Trade, like the MIFF and WEB, proclaims to help poverty and assist poorer countries, when in fact it only worsens the already existing problems with poverty. It is worth noting that after a long time of being colonized and having it ‘s very cultured robbed, African countries are barely able to be economically independent.

In fact, they lack all reasonable means required to not rely on developed countries’ aid and they were taken advantage of.

By buying raw material for a low price, forcing unreasonable and extorting trade policies and political involvement on African countries, Westerners have basically prevented them from ever developing and having any chances of escaping poverty. Fair trade then, is Just an excuse, a mascot put up by Western powerhouses to keep African countries in their place. Even when it is effective to resolve poverty, fair trade will still not work UT due to the fact that capitalism requires free labor as stated in the film, and one maintained and as much as possible flow into their pocket at the expense of people living in poverty ‘s welfare.

Poverty cannot be truly ended as long as capitalism holds on to its grasp on African nations.

Unequal distribution of wealth and property, prevarication of natural resources and political extortion are the ways that Western powers control Africa. Poverty can be traced back to the 1 5th century when expansionism from Europe started. Many European countries started to invade Africa ND colonized them. Then policies and laws were passed to ensure that as much resource as possible are siphon from the colonies to the mother countries.

Religion, particularly Christianity, was forced on the colonies and enslaving of the native peoples was carried out to rob them of their cultural independence.

Over time, the colonies lost their economic and cultural distinction and became nothing more than suppliers of raw material to the West. After liberation, most African countries were too economically set back or presented with huge debts so the former loonies were further exploited through policies set by the WTFO.

These policies violated many laws and even human rights to benefit richer countries that made them, thus pushing third world countries further away from eliminating poverty. Development is, I believe, the gradual state of wealth accumulation to the extent that an individual no longer feels he is living in poverty. The indicators include access to shelter, food, clothing, natural resources and services such as healthcare and education, a stable income, physical and psychological well-being.