Thomas Hobbes Article Example | Topics and Well Written Essays - 1000 words

Thomas Hobbes - Article Example Hobbes eventually died in Hardwick in 1679 at the age of 90 after he was attacked by paralysis. He will always be remembered for his political philosophies and this indifferent way of commenting (on philosophical fronts) from others. Hobbes developed his own political analysis and philosophy, which he documented in the form of a book published in 1651 with the title of Leviathan. His arguments in the said publication were illuminating. It is so very simple in the daily happenings of a man who is a selfish and greedy organism, always ready at war with other men (organisms of his type) for his own well being and benefit. His suggestions are that people have turned very selfish in their normal way of living and they lead a unkind life towards other humans which they should not do in the first place. Everyone does not follow the path set by good men of past, which is much to his dislike. He does not like the attitude possessed by the people who follow the sovereigns as if they are Gods or more than them. Fear of death, according to him, is one such thing, which brings to our notice that makes them follow the sovereigns in any possible way they can. A worldly leader cannot in anyway represent people's attitudes; but the same according to him is happening day in day out in this world. The person having authority lets his commands rule, which Hobbes does not quite approve of in any way. His other books also suggest the same ideologies, which are there in his hit one, Leviathan. These suggested his interest in gathering some analysis on political philosophies as well as some comparisons with the ways in w hich leaders and sovereigns have lived their lives and as a consequence ruled over people. Other theorists also followed in the same fashion as Hobbes did. They studied his analyses and thus made their own in the light of what Hobbes had already said. Amongst them were included big names like J.L.Stephen. C.H.Hinnat, T. Surrell. Hobbes was not very happy with the teachings of Aristotle and remarked them as being mistake in doctrine. He ridiculed the English universities of their dull approach towards their curriculum. In reality, he owed both to Aristotle as well as the English universities because he laid the foundation of his beliefs courtesy through Aristotle and these varsities. Hobbes pays importance on the topic of virtue. According to him, virtue develops the respect amongst people so that they can live within the pre-set moral laws and follow them in conformance. Virtue provides an incentive or benefit from which the person can benefit as long as he is alive. It is an ever-lasting impression on one's personality. Thomas Hobbes suggests that the impulses that one has within him/her every now and then should be controlled so that a person's personality does not effect drastically or at other times, quite swiftly. Moral strength is the key for a person and he/she should not let loose on this very asset of his/her. Controlling desires is also an advantage that one has over other of his fellow human beings. One should never let his/her desires get the better of him/her under any circumstances whatsoever. Hobbes has been in the forefront like Locke, Kant and Mill in introducing within people the importance of virtue. They term it as of similar importance as people tie themselves to their mind and

Financial accounting theories in a real life Assignment - 1

Financial accounting theories in a real life - Assignment Example Different researchers have dissimilar views regarding financial accounting theories (McGraw-Hill, 2006). There are different types of accounting theories that can be implemented in real life scenario. One of them is the Repo 105 theory. This theory is used by many of the companies. Moreover, it needs to be mentioned that the misuse of such theories can result in negative functioning of the companies. There are many such cases where improper use of accounting theories result in complete demise of the companies. Financial regulations can play a major role in reducing such cases (Liu & Schaefer, 2011; Eisinger, 2012). The report intends to discuss the role of Repo 105 scheme in the enhanced performance and subsequent downfall of the Lehman Brothers. The report would further depict the different motives that encourage companies to manipulate their financial accounts with reference to a few well known cases. Moreover, the report also intends to illustrate the importance of financial regulations in reducing such cases. Repo 105 is an accounting trick where a company depicts a short-term loan as a part of the sales of the company. Moreover, this loan would be further used by the company to repay its liabilities. A repo agreement would include temporary transfer of assets from one party to another which would also be accompanied by an agreement of repurchase of the same assets after a particular phase of time. After a certain period of time, the transferee returns the securities to the borrowers, which in turn repays the loan with a considerable interest. It needs to be mentioned that as a part of the exchange process, one party would receive securities as guarantee for the cash loaned, while the other party would receive cash guarantee for the securities loaned. It has been observed that these agreements are widely used as well as recognised as a legal means of