Introduction

2019 ◽  
pp. 1-18
Author(s):  
Anna Chadwick
Keyword(s):  
Legal System ◽  
Karl Marx ◽  
Amartya Sen ◽  
Main Argument ◽  
Food Crisis ◽  
Karl Polanyi ◽  
The World ◽  
Commodity Derivatives ◽  
The Relationship ◽  
Global Food

The Introduction provides an overview of the events of the 2007–08 global food crisis and surveys commonplace accounts of its causation. After signalling the role that commodity derivatives speculation is alleged to have played in causing the crisis, the author challenges the tendency to portray law as the solution to world hunger. The main argument of the book—that law actively contributes to the persistence of hunger in the world—is set out, and the arguments of each chapter are presented. The introduction concludes with an overview of existing scholarship that has contributed to the author’s thinking on the relationship between hunger and the legal system, including the work of Amartya Sen, Karl Marx, Institutionalist scholarship, and the work of Karl Polanyi.

scholarly journals From Left to Rights: Civil Liberties Lawyering Between the World Wars

2016 ◽  
Vol 15 (3) ◽  
pp. 622-655 ◽  
Author(s):  
Laura M. Weinrib
Keyword(s):  
Public Opinion ◽  
First Amendment ◽  
Legal System ◽  
Civil Liberties ◽  
Legal Reform ◽  
Trade Offs ◽  
Personal Rights ◽  
The World ◽  
American Civil Liberties Union ◽  
The Relationship

In the formative years of the modern First Amendment, civil liberties lawyers struggled to justify their participation in a legal system they perceived as biased and broken. For decades, they charged, the courts had fiercely protected property rights even while they tolerated broad-based suppression of the “personal rights,” such as expressive freedom, through which peaceful challenges to industrial interests might have proceeded. This article focuses on three phases in the relationship between the American Civil Liberties Union (ACLU) and the courts in the period between the world wars: first, the ACLU’s attempt to promote worker mobilization by highlighting judicial hypocrisy; second, its effort to induce incremental legal reform by mobilizing public opinion; and third, its now-familiar reliance on the judiciary to insulate minority views against state intrusion and majoritarian abuses. By reconstructing these competing approaches, the article explores the trade-offs – some anticipated and some unintended – entailed by the ACLU’s mature approach.

Axis of Opposition

2017 ◽  
Author(s):  
Michael Cox
Keyword(s):  
Main Argument ◽  
The Past ◽  
World Today ◽  
The World ◽  
The Relationship ◽  
At Home

Received wisdom states that China and Russia are more likely bound to be rivals than partners. This chapter challenges this notion and traces the growing significance for both parties of the relationship over the past twenty years. It suggests that the relationship has developed into something very serious with the twin purpose for both of maintaining stability and order at home while contesting what both view as a Western-created and US-led order abroad. This does not mean they do not have other interests, but this does not detract from the main argument being advanced here: that China, which has so few serious partners in the world today, has found a serious one in Russia; and that Russia has also discovered one in China.

scholarly journals REGULATING EXCESSIVE SPECULATION: COMMODITY DERIVATIVES AND THE GLOBAL FOOD CRISIS

2017 ◽  
Vol 66 (3) ◽  
pp. 625-655 ◽  
Author(s):  
Anna Chadwick
Keyword(s):  
Price Volatility ◽  
Food Prices ◽  
Food Crisis ◽  
Human Beings ◽  
Almost Everywhere ◽  
Commodity Derivatives ◽  
To Come ◽  
Derivative Markets ◽  
Global Food ◽  
Global Food Crisis

AbstractEvidence suggests that commodity derivatives speculation contributed to extraordinary patterns of grain price volatility that led to a global food crisis in 2007–11. People in countries throughout the world are increasingly dependent on international commodity markets for access to food. Almost everywhere, now, the value of food is determined by a single condensed symbol of its worth—its price. Persuaded of the need to ensure that this measure of value is not put at risk of distortion in the pursuit of financial profit, governments in the US and in the EU are now implementing new regulations designed to curb ‘excessive’ levels of speculation in derivative markets. Carrying out an analysis of these regulatory measures, the article demonstrates that both sets of reforms suffer from a critical limitation: They are predicated on an inaccurate understanding of how activity in commodity derivative markets can impact on underlying food prices. If the new regulations for commodity derivative markets are not up to the task, as this article argues that they are not, a more fundamental revision of global economic structures may be required if the basic needs of human beings are not to be subsumed to the interests of financial capital in the years to come.

scholarly journals Philosophical and psychological aspects of the attitude to death in Islam. The awareness of the inevitability of death and ways of overcoming the fear

2019 ◽  
Vol 12 (2) ◽  
pp. 571-584 ◽  
Author(s):  
R. Sh. Safin
Keyword(s):  
Religious Faith ◽  
Point Of View ◽  
Psychological Aspects ◽  
Fear Of Death ◽  
Main Argument ◽  
Attitude To Death ◽  
Psychological Phenomena ◽  
The World ◽  
Relationship Of ◽  
The Relationship

The article offers an overview of a series of philosophical and psychological researches regarding the attitude of a person to his death. The author compares the phenomena of the acceptance and denial of the very fact of a death from the point of view of their efficiency as psychological phenomena. A particular attention is paid to the religious perception and awareness of this phenomenon as well as compared the relationship of the categories of fear of death and religious perception of the world. The main argument is an attempt to outline the decisive aspects of the attitude to death that forms the religious faith of Muslims and the level of efficiency the Islamic creed provides to an individual to cope with the fear of death. The author has made an attempt to identify the factors, which made a fundamental impact on the Muslims’ perception of the world and its order.

Global Food Crisis Response Program: A World Bank initiative for food security and hunger fight (An analysis)

2015 ◽  
Vol 2 (10) ◽  
pp. 5
Author(s):  
Nouman Keith
Keyword(s):  
International Development ◽  
World Bank ◽  
Crisis Response ◽  
Food Crisis ◽  
International Bank ◽  
The World Bank ◽  
The World ◽  
To Come ◽  
Global Food ◽  
Global Food Crisis

The World Bank reacted quickly to the food price crisis that began in 2008 through the Global Food Crisis Response Program (GFRP), which blends quick track financing from International Development Association (IDA) and IBRD (International Bank for Reconstruction and Development) with trust asset grants to address the prompt food emergency, while urging agrarian frameworks to fabricate flexibility for what's to come. GFRP assets have as of now financed operations adding up to US$1.5 billion coming to about 40 million affected individuals in 44 nations. This paper reviews the achievement of the intended objectives which were underlining for conceptualizing the idea.

Does Sentiments Impact the Returns of Commodity Derivatives? An Evidence from Multi-commodity Exchange India

2021 ◽  
pp. 097226292110040
Author(s):  
Aneeta Elsa Simon ◽  
Manu K.S.
Keyword(s):  
Language Processing ◽  
Commodity Prices ◽  
Price Determination ◽  
Commodity Exchange ◽  
Demand And Supply ◽  
The World ◽  
Commodity Derivatives ◽  
Textual Content ◽  
The Relationship ◽  
Daily Returns

The advancements in technology, increased accessibility to various modes and platforms of communication, and increased willingness on the part of participants to share their ideas/opinions has resulted in huge amounts of data on the World Wide Web, hence, easily available to impact decision-making. Furthermore, commodity prices are primarily driven by demand and supply, wherein such news is open to the cognitive thinking of individuals. Thus, using the principles of natural language processing, which combines concepts of linguistics, computer science and artificial intelligence, helps in improving the accuracy of price determination. Therefore, this article aims to examine the relationship between sentiments conveyed through various sources and the performance of India’s largest commodity market, multi-commodity exchange (MCX). The correlation and causation between sentiment scores extracted from such textual content and the daily returns of select commodity derivatives are analysed. The results show varying levels of significance of sentiments on the returns of commodity contracts and imply that there is an increased scope of using such unstructured content in the field of finance.

Food Commodity Speculation

2019 ◽  
pp. 79-106
Author(s):  
Anna Chadwick
Keyword(s):  
Financial Regulation ◽  
Food Crisis ◽  
The Social ◽  
Commodity Futures Markets ◽  
Financial Speculation ◽  
Commodity Derivatives ◽  
Food Commodity ◽  
Global Food ◽  
Global Food Crisis

Chapter 3 explores the significance of practices of ‘food commodity speculation’ in the causation of the global food crisis. After introducing some of the main instruments and actors involved in commodity derivatives trading, the chapter examines competing claims over the role of financial speculation in the global food crisis. Seeking to break the impasse that has characterized debates on this issue, the chapter probes into claims by NGOs that commodity futures markets have been ‘financialized’ in recent decades. The author draws on a body of literature from the Social Studies of Finance to argue that there is an urgent need to reconceptualize the nature of derivatives and their contribution to processes of value formation in underlying markets. The chapter concludes by signalling the emergence of a new logic of financial accumulation that has significant implications both for attempts to use financial regulation to address ‘excessive’ levels of speculation, and, more broadly, for the political economy of hunger.

scholarly journals Prevention and Fight against Avoidable Injustices from Amartya Sen – Legal and Economic References

2021 ◽  
Vol 9 (3) ◽  
pp. 118-134
Author(s):  
Karol Ryszkowski ◽  
Neuro José Zambam
Keyword(s):  
Social Organization ◽  
Legal System ◽  
Empirical Data ◽  
Social Equity ◽  
Amartya Sen ◽  
Political Values ◽  
Theory Of Justice ◽  
The Social ◽  
The World ◽  
Democratic Societies

The purpose of this paper is to prove the importance of legal and economic spheres for the realization of justice according to the Amartya Sen’s Theory of Justice. In the most stable democratic societies, the legal system is an indispensable reference and demonstrates the strength of the population’s political values and convictions in relation to the social organization at present and in subsequent periods. Empirical data and two laws that contribute to the social equity, participation, exercise of freedom and the overcoming of inequalities in Brazil are presented. The Amartya Sen’s contribution is relevant in the world for the recovery, updating and improvement of democracy.

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