Grounding for the metaphysics of morals Essay Example | Topics and Well Written Essays - 250 words

Grounding for the metaphysics of morals - Essay Example can only be achieved when individuals in a community act in such a way, as they would expect others to act towards them thus resulting in a free community with members serving their purpose. In such a community, each individual lives by the same set of rules that he applies to others (the law is applied universally and there are no exceptions). As a result, each individual acts as the law and at the same time cooperates harmoniously with others to achieve autonomy. This he called the kingdom of ends which has law as its formal ordering principle. A categorical imperative whereby any action commanded should be done because it is the right thing and not because the action will be rewarded should be incorporated. Members of a community should not be the subjects to the rule of law but the lawmakers because of the universal way by which they act. Any member can impose on another member a law that they would impose on themselves and not treat another as a means to an end rather as an equal entity. Morally, one is required to conform to the rule of law freely to enable the community to be self-regulating and enable the members to be free. Any action that is unjust is deemed

U.S. Government's Bailouts Research Paper Example | Topics and Well Written Essays - 500 words

U.S. Government's Bailouts - Research Paper Example The debt ratio of the company was 2.11. The firm was highly leveraged which led to the high fixed costs associated with debt financing. The debt of the company was more than twice its total assets. Providing governmental assistance to corporations such as General Motors is a way for the government to spur economic activity. Governmental assistance can ensure that companies that are facing financial trouble keep their doors open . Prior to the governmental assistance General Motors was near shutting down their operations. In the short run companies get a capital injection that can be used to cover operating expenses which includes both variable and fixed costs. The fixed costs of the company increase in the long run if the assistance that is given is in the form of debt financing. From the perspective of the government the assistance given protects jobs and government tax revenues. In the case of General Motors the long run consequence of the bailout was that the firm had to give up a lot of equity to the government in exchange for the governmental assistance. General Motors has recovered well since its reorganization in 2008. The current price of GM common stocks is $34.48 (Yahoo, 2014). The organization has a global workforce composed of 1.9 million employees. The firm is a socially responsible organization. Its product portfolio of vehicles includes hybrid / electric cars. The company on November 18, 2010 completed the world’s largest initial public offering, emerging with a solid financial foundation that enabled GM to produce great vehicles for their customers and build a bright future for its employees, partners and shareholders (Gm, 2014). In fiscal year 2013 General Motors generated $155 billion in revenues and it had a net income of $3.8 billion. The net margin of GM in 2013 was 2.45%. When a company employs directly 1.9 million people it is always worth saving such an organization.