“U.S. children recognize more Pokemon characters than common wildlife species” – Teaching Kids To Consume

September 12th, 2012 § 0 comments § permalink

An article titled “Teaching Kids to Consume” (http://business-ethics.com/2012/03/25/9299-teaching-kids-to-consume/) delves into the disturbing, yet increasingly popular, commercial exploitation of children. With goals of capturing “young demand,” ads targeting children are now found on school buses. In fact, American companies spend $17 billion dollars annually on ads specifically catered to children – 150s times more than a few decades ago.

What is truly troubling, however, are the longterm effects of constant advertisement exposure. Studies show that this new world produces children who struggle with materialism and obesity, as well as depression, anxiety, and violence.

Upon reading this article, it is easy to blame corporations for their insensitivity and the means through which they bombard vulnerable society members. However, one must  realize that they are simply doing their jobs – and doing them well too. They have spotted the most impressionable target market and have set out to build relationships and loyalty. And although their motives may be insincere – although ethically they may be committing wrong – they are not doing anything illegal.

It is the responsibility of the parents or the role models of these children to teach them to be cautious and analytical – to avoid simply absorbing advertisement, but to question it and challenge it.

In what seems like an almost ridiculous finding, children are having trouble recognizing wildlife species like this sea turtle.

 

However, they seem to have no trouble recognizing this pokemon.

RE: Russia’s vodka drinkers get New Year headache

September 10th, 2012 § 0 comments § permalink

Can government enforced laws change a way of life?

http://www.theglobeandmail.com/news/world/russias-vodka-drinkers-get-new-year-headache/article1206543/

The Russian government is trying (in vain) to change a CULTURE by enforcing a minimum price for liquor. It does this out of concern for its citizen’s health, however, the only thing it’s accomplished is angering the very people it is trying to help.

The Russian culture is cemented on celebration and traditions – especially during the holidays. Doubling liquor prices won’t change the conventions of the majority. Similarly, the rise in gas prices didn’t prompted the majority of truck-owners to switch to more fuel efficient vehicles (http://www.td.com/document/PDF/economics/special/dc0512_fuel_efficiency.pdf).

An Economic Perspective:
Liquor – like gasoline – has an inelastic demand curve. This means that even a large increase in prices yields only a small decrease in quantity demanded. Why? Because to Russians, liquor is a staple, a must-have with no substitutes available.

Even as prices rise from P2 to P1, quantity demanded drops relatively less, from Q2 to Q1.

Does it not make more sense tackle the root of the problem? To invest time and energy into changing an education system? To educate youth about the dangers of alcoholism is to build a new foundation for future generations – future generations that value culture but also understand the importance of physical wellbeing.

Hello world!

September 6th, 2012 § 1 comment § permalink

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