Moral capital and politics

... (Oxford, Clarendon Press, 1975), p. 79. 1 9Moral capital and politics based on the reality of moral judgment and moral commitment and therefore the possibility of moral choice, it is important to stress ... question is surely ‘‘What proWteth it a 1 3Moral capital and politics politician if he keep his purity and lose his advantage?’’ Everything in politics – including moral reputation – is liable to be ... rightness and justness of their claims and demands. This is not a morality that is either prior to or external to an amoral political realm and imposed upon it from without. It is a morality intrinsic...

... generation and operation of moral capital, and the dependency of politicians on this as a resource, is most clearly and dramatically revealed under such conditions. They are conditions which demand, and ... vital for the acquisition of moral capital. 40 Moral capital These are the qualities of Wdelity, commitment and able action in the service of publicly valued goals. Moral capital is always vulnerable ... and symbolism to maintain the morale of constituents, to inspire devotion and instil a sense of the rightness and nobility of a cause, and to mobilize support for speciWc policy directions. Moral...

... virtue and innocence, saying that he wanted only what everyone wanted, ‘‘to have our nation once again with a government as good and honest and decent and truthful and fair and competent and idealistic ... Zbigniew Brzezinski, Power and Principle (London, Wiedenfeld and Nicolson, 1983), pp. 459–460. 228 Moral capital and the American presidency both to Middle Eastern politics and, more importantly, ... remarkably clear sense of the loss of trust and the severing of power and virtue that Vietnam and Watergate had caused and thus of the damage done to the moral capital of America. His aim was nothing...

... Alfred A. Knopf, 1976); and Robert A. Caro, The Years of Lyndon Johnson (2 vols., New York, Knopf, 1982–84). 206 Moral capital and the American presidency aVect the moral capital of the oYce itself ... necessity and a cause believed to be worth killing and dying for. But as more and more troops and materiel were committed to Vietnam, apparently to little eVect, the necessity and high moral purpose ... genuine and viable State with widespread popular support it might all have been diVerent, but it was not. The result was that American 208 Moral capital and the American presidency pride and American...

... national soul had been shocked and appalled, sundered and conXicted, dismayed and indignant, challenged and disap- pointed, comforted and coddled, exulted and disquieted – and each of these consecutive ... ‘‘Sex, Politics, and Public Opinion,’’ p. 728. 252 Moral capital and the American presidency nent damage on the oYce and even to have done some good. Part of the reason was that few of the moral ... economic factors from broadly ‘ moral ’ factors in this manner is always rather simplistic. …Õ Miller, ‘‘Sex, Politics, and Public Opinion,’’ p. 723. 248 Moral capital and the American presidency...

... shuContentsAcknowledgmentspageviiiIntroduction1PartIMoralcapital51Moralcapitalandpolitics102Moralcapitalandleadership27PartIIMoralcapitalintimesofcrisis453AbrahamLincoln:thelong-purposedman504CharlesDeGaulle:themanofstorms83PartIIIMoralcapitalanddissidentpolitics1135NelsonMandela:themoralphenomenon1186AungSanSuuKyi:herfather’sdaughter147PartIVMoralcapitalandtheAmericanpresidency1737KennedyandAmericanvirtue1808Crisis2009Aftermath21810Denouement235Epilogue255Bibliography261Index270viiAcknowledgmentsThis ... shuContentsAcknowledgmentspageviiiIntroduction1PartIMoralcapital51Moralcapitalandpolitics102Moralcapitalandleadership27PartIIMoralcapitalintimesofcrisis453AbrahamLincoln:thelong-purposedman504CharlesDeGaulle:themanofstorms83PartIIIMoralcapitalanddissidentpolitics1135NelsonMandela:themoralphenomenon1186AungSanSuuKyi:herfather’sdaughter147PartIVMoralcapitalandtheAmericanpresidency1737KennedyandAmericanvirtue1808Crisis2009Aftermath21810Denouement235Epilogue255Bibliography261Index270viiAcknowledgmentsThis ... of both the value and vulnerability of moral capital. Vulner-ability is a consequence of the fact that moral capital exists only throughpeople’s moral judgments and appraisals and is thus dependent...

... suitable to quality and in the time to use necessary factors for business activities.1.5.Working capital demand and the driving factors behind Working capital demand always changes and depend on ... enterprises`working capital included : regular capital and current capital. - Regular capital : Including the Owner`s equity and long-term debts. The capita is stable and can use for along time. ... strongly affected to enterprise`s working capital demand. 2. Working capital and its importance in increasingly effective utilization.2.1. Working capital and norms to reflect its cycle speed 2.1.1....

... target capital. But as we will see in the next section, capital has a cost, and the company can only have a limited resort to shareholders’ capital. 10 3CostofCapital 3.1 Incomplete markets and ... cost of capital V 0 , the target capital TC 0 and the cost of capita B. 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 −α 0.2 0.4 0.6 0.8 1 1.2 __V 0 , −− TC 0 ,____B Total price V 0 ,target capital TC 0 and cost ... . . . . . . . . . . . . . . . . . 8 3 Cost of Capital 11 3.1 Incompletemarketsandcostofcapital........................... 11 3.2 Pricingundercostofcapital................................. 13 3.2.1...

... enterprises’working capital included : regular capital and current capital. - Regular capital : Including the Owner’s equity and long-term debts. The capital is stable and can use for along ... suitable to quality and in the time to use necessary factors for business activities. 1.1.5.Working capital demand and the driving factors behind Working capital demand always changes and depend on ... affected to enterprise’s working capital demand. 1.2. Working capital and its importance in increasingly effective utilization. 1.2.1. Working capital and norms to reflect its cycle speed...

... rate)] 7). Steady Demand growth version: ∆E/E = δ Hence: C= δS [what if S grows less or more than E?] Exhibit 2Exhibit 2--4a: Effect of4a: Effect of Demand GrowthDemand Growthin Space ... Valuation Q* R* P* C* D0 D1 Exhibit 2Exhibit 2--4a: Effect of Demand Growth in Space Market:4a: Effect of Demand Growth in Space Market: First phaseFirst phase……Rent $ Stock (SF)Price ... result?… Doesn’t form a rectangle. Exhibit 2Exhibit 2--4a: Effect of Demand Growth in Space Market:4a: Effect of Demand Growth in Space Market: LR EquilibriumLR Equilibrium……Rent $ Stock...