Music and the society Essay Example | Topics and Well Written Essays - 1750 words

Music and the society - Essay Example The lyrics therefore fuses with the instruments to resulting a holistic peace that does not only entertain but also communicates the basic aspects of the society. Set in the society and targeting the same society for audience, musical compositions limit their creativity to the similar attributes of the society. This implies that the themes in the songs and the musical instruments used in the songs must come from the societies in which either the composers or the audience belong. Songs therefore portray the social, political, economic and cultural aspects of the society. In doing these, the draw lyrics from the specific features of the above elements that affect the society daily (Chris, Gerald and Allen 44). Through time, societies develop their technologies and cultural behaviors alongside other pertinent attributes. Songs and other works of art should therefore communicate the constant change in their presentation. This includes the type of instruments they use and the level of cre ativity in composing the songs. Songs must therefore reflect the changes through time. This implies that songs produced in different times should portray the difference in the features of society. The difference should be easily evident in the lyrical composition of the songs and even the instruments used. The technological changes often result in improvements in the instruments and other technological aspects of the composition. Songs should therefore always have better quality owing to the fact that they subsequent song productions employ better technologies. Due to the modern telecommunication developments, the world has eventually become a global village denoting that people easily trade cultural products key among which are songs and other works of arts. With such developments, any work of art that targets the global audience must address issues that are familiar to the global market. This compels detailed researches to identify the prominent aspects of the global society. Song s determine the trends in the global popular culture, composers of songs and other global works of art therefore have increased responsibility of regulating their cultural products to limit their compositions to uphold the values and virtues in the wider global society. From the above discussion, it is obvious that comparing to musical compositions is synonymous to comparing the different times of production for the two or more songs. Through the themes in the songs, the instruments used and the composition styles, the social, economic, political and technological state of the times become evident. Two of such songs composed and produced at different times in history but are still classical master pieces are The Four Seasons by Antonio Vilvadi in 1723 and Music for the Funeral of Queen Marry written by Henry Purcell in 1965. The time differences between the two songs is more than three centuries a time within which the society changed its structure. Political, social, economic, cult ural and even technological factors all changed thereby creating a big difference in the nature of the songs. They both have a representation of each of the five aspects of the society and the nature of representation in the two communicate the difference in the time lines. As its name suggests, The Four Seasons describe the seasons in the year and the activities in them. In his composition, Vilvadi composes and produces four concertos to represent he four seasons. Published for the first time in 1925, the four were part of the twelve concerti named the contest between harmony and invention. Each of the four concerti has unique composition structure and uses different instruments to create the difference in the tempo and therefore the general composition. The first two represent the warm seasons of

Article Summary Research Paper Example | Topics and Well Written Essays - 750 words

Article Summary - Research Paper Example Now as per the new initiatives, the banks’ lending loans would be able to borrow extra ?5 from FLS for every ?1 they lend to businesses (BBC, 2013, April 24). The extension has been widely accepted but some economic experts still feel that more aggressive actions need to be taken in this regard. Upcoming report for national statistics is expected to show that economy remains flat. Funding for Lending Scheme (FLS) was introduced in August 2012 to bring an increase in bank lending by around ?60bn. Main hope is that this initiative will help keeping economy out of recession and improve the lending and borrowing cycle. Banks borrow finds from Bank of England cheaply and the then passes it on as low interest loans to households and small businesses. The main objective is give incentives to businesses to borrow more money from the banks but there are fears that individuals might not want to borrow much at the current moment of time. Initial responses from the scheme has not been as encouraging as only few banks stepped in the first quarter but the program gradually took off. This scheme has negatively affected the savers and investors in bank deposits as they now have less interest to get and the lending institutions are not pushed to encourage people to invest in savings accounts. Savings account offerings have gone down to 3% now. The mechanism for Funding and lending scheme is that when lenders approach bank of England, they swap their assets with the bank. And treasury bills are provided to them in return. Then the banks borrow cheap money from other lending institutions in wholesale financial markets with the backing of these treasury bills. The commercial banks are then able to use these bits of paper as top quality backing with which to borrow cash in the wholesale financial markets, from other lenders. With the Treasury's backing, the idea is that they will be able to borrow funds at very cheap rates. To keep performance levels in check initially the b anks will access 5% of funds they lend and as their lending increases, they can borrow more. On the other end if the lending decreases, then the banks will have to pay interest of 1.5% as compared to just 0.25% at initial stage. For the protection of tax payer’s bank of England uses the concept of hair cut. The banks will have to pledge the collateral more than worth of papers being issued by the Bank of England. In this case if a bank borrows ?1 Treasury bill then it has to pledge more than ?1, amount such as ?1.10 to ?1.20. So if the value of asset falls then tax payers would be somewhat protected as the bank of England would not suffer top slice of the loss. Analysis: Positive Chain reaction: On the face of it, it seems to be a good scheme as more economic activity can be generated on microeconomic level and the economy of England can have a positive effect due to that. If more money is available to the people than they can open new businesses, which in turn will generate more jobs. This can lead to increase in purchasing patterns of general public, which is healthy for businesses in return. Due to increased jobs and earnings, people have more money available to save, which is usually deposited in banks. The banks can then lend that money to businesses and earn their interests as well. So this scheme is aimed to achieve this positive chain reaction. Many economists has positive expectations from this scheme and there is a hope among representative party in England that this scheme might be a breakthrough initiative