Marilyn Frye on opression, racism and sexism Essay

Marilyn Frye on opression, racism and sexism - Essay Example Frye defines oppression by including cultural and economic structures, which according to her are the reasons why ‘dominators’ and ‘subordinates’ exist. She describes oppression by trying to explain the thought that the society itself builds up the idea of sex marking, sex announcing or generally sex identification that according to her must have created advantages among men but disadvantages among women. This according to her has become the root cause of oppression which she strongly defines as, â€Å"A system of interrelated barriers and forces which reduce, immobilize and mold people who belong to a certain group, and effect their subordination to another group (individually to individuals of the oher group, and as a group, to that group)†. Based on this definition, she tries to explicate the point that for as long as women could be generally defined as subordinates and men as dominators, oppression would take place against the former. The suggesti on of what is masculinity and feminity has something to do with the existence of this oppression as Frye argues that as our cultural system tries to train us to behave differently as men and women, extreme dimorphism has become a very obvious outcome (p.239). This according to her has always placed men on the advantage side as they could take power over women. The idea of Frye concerning oppression seems to originate in the cultural foundation and so she tries to conclude that either masculinity or feminity is just a biological transformation that culture inculcates us, which according to her could be changeable the moment we are able to understand how the the things operate and go around us (p.240). She tries to argue this point based on her experience and as a feminist trying to correct the elemental principle linked up with how the fundamental cultural background of every individual could contribute to the prevailing oppression against women, particularly on the ground of sex ide ntification. Clearly, Frye’s discussion on the ways in which oppression operated in society, and the effects it has on both women and men in the case of sexism have to be evaluated, but prior to that it is important to know how she defines sexism. According to her, sexism could involve â€Å"the forces which make us mark and announce sexes are among the forces which constitute the expression of women, and they are central and essential to the maintenance of that system† (p.238). As stated earlier, Frye opposes the idea of domination and subordination and eventually sex identification, as for her these could potentially build the essential foundation of oppression against women. She is trying to look at the negative implication of oppression in this case and is more closely concerned on the welfare of the women who are strongly defined as the subordinates to men’s dominition. On the ground that oppression would lead to overall negative consequences, from the cons equentialist point of view, Frye’s idea of oppression would remarkably make sense (p.233). This means that if men’s dominition would lead to negative impacts against women, then the associated oppression is the end itself to justify the presence of male dominance and eventually domination against women. However, if in the case that dominition by itself, which would allow men to dominate over women is a primary form of a natural, cultural or biological design of putting the society in order, then there must no associated negative connotation of feminity or masculinity. They would just elaborate the appropriate role that

The Relevance of the Capital Asset Pricing Model to a Company Seeking Essay

The Relevance of the Capital Asset Pricing Model to a Company Seeking to Evaluate its Cost of Capital - Essay Example The Capital Asset Pricing Model was devised by William Sharpe to calculate as well as explain â€Å"†¦the expected rate of return on an asset †¦ (that) †¦can be written as the risk-free rate of interest plus the asset’s normalized covariance with the market times the difference between markets expected the rate of return and the risk-free rate† (Milne, 1995, pp. 5-6). Under financial theory CAPM is a model that shows assets returns concerning principle in conjunction with econometric models (Milne, 1995, pp. 5-6), and is represented by the following formula (Burton, 1998, pp. 21-22): CAPM is calculated using the beta as it provides a measurement of a stock's volatility in terms of its movement comparison with the overall stock market (Burton, 1998, pp. 21-22). The above means that when a company’s share price moves in tandem with the market, with the beta of a stock is represented by 1 and a 15% movement indicated as 1.5 (Burton, 1998, pp. 21-22). Foster (1986, p. 337) provides a summary of the two assumptions present in the Capital Asset Pricing Model as represented by â€Å"1. Two statistics, the mean and variance, are sufficient to describe investor preferences over the distribution of future returns on a portfolio. 2. Investors prefer higher expected returns to lower expected returns for a given level of portfolio variance, and prefer lower variance to higher variance of portfolio returns for a given level of expected returns". Corporate finance managers utilize CAPM to determine the estimated discount rate that is connected to a project under consideration (Ferran, 1999, p. 12). In conjunction with the foregoing, CAPM is used as a means to measure the systematic risk present in equity investment projects (Megginson, 1997, Pp. 107-123).