Thursday, August 23, 2012

#1: Response to Summary: Theory for Beginners

I have to say I do not completely agree with what Michael Ryan says regarding terrorism. I agree unfortunately that the world has associated the word Islam with the word terrorist. However I think the word terrorist is more specific rather than a general term. A terrorist attack is one that has a motive of inflicting violence on an entire country, and its people, and Ryan says this in the segment about how we all live in the past. He says, "in simple history 'terrorism' is an assault on American values". I believe that means terrorism is an attack on a country as a whole. In my opinion if someone commits a crime that does not mean that person is a terrorist because terrorism is more specific. I think that particular person just disobeyed the law out of a violent act, and did not actually intentionally attack a country.

I like his statement, "The majority works; a minority benefits". With this quote coming from his section on capitalism I interpreted it to be about how most minority groups are on government assistance, and most majority groups work, and pay taxes to support the government assistance programs. I find this to be very true based on the statistics that state the large amount of minority groups on assistance. Without a demand for gold, money, or wealth there would not be any value to it. There is rarity to gold, and if there was an abundance of it, it wouldn't be needed therefore would not matter. The way the economy is right now puts a huge emphasis on how important money is though. Of course Americans have a high demand for money because prices keep rising. The more demand there is for our US dollar the more valuable it becomes.

In conclusion I agree with most of the points Michael Ryan makes in this article. There were a few things I stood middle ground about only because I had never been educated on these topics before.

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