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Risk in Society

            In the last 7 to 8 years, risk or the concept of pure risk has become of increading importance in business management. .
             However before understanding or attempting to interpret the relevance of risk in today's society it is important to understand the evolution of the concept of risk and evolution of society's view of risk and means of controlling it.
             As modern society and modern business become more and more aware of risk and attempt to manage it in different ways (one of those being through insurance), it is important to recognise that there was a time when methods of risk management were no more sophisticated than to have complete faith in God.
             Plato argued that there is an innate goodness in vulnerability. Attempting to control all eventualities in life is not a virtuous quality as it fails to put faith in God to protect and attempts to limit God's ability to punish. .
             Outside of mainstream western society this type of belief is still prevalent. An Islamic belief would be that our relationship with God is mediated through our relationship with nature. Nature can create and destroy as God's will deems necessary. Methods of risk control, such as insurance, are thusly seen as sinful as they attempt to mediate against nature's possibility .
             However in modern society there is a world of risk which is far beyond the realm of predictability. According to Beck, such hazards and risks are "more insidious and messy- than can be encompassed "by the traditional conceptions of risk-. Advancements in technology and industrialisation have led to "undermine and/or cancel- the established "safety systems of provident state's existing risk calculation-.
             Such advancements become intricately complex if not impossible to predict and model.
             Areas such as nuclear power and genetic engineering pose high impact risk of such magnitude that their impacts are impossible to measure in the realm of space and time.
             High impact events such as nuclear disasters, regardless of low a likliehood exists, are "not reducible to the product of probability of occurrence multiplied with the intensity and scope of potential harm-.


Essays Related to Risk in Society

1. Taking Business Risks

Most people do not want to hear the word ˜risk,' because associate it with some sort of danger or failure, and therefore, a large number of people in society have failed to address the various risks they are faced with in the most appropriate manner. ... Others types of business are faced with economic risks, speculative risks and dynamic risks, pure risks, static risks, and many others. Risks are risks, and only their names would make a difference. ... Therefore, minimizing of risks leads to better outcomes of risk taking. ... Before taking a risk, one must have a solid reason fo...

  • Word Count: 2002
  • Approx Pages: 8
  • Has Bibliography

2. Indoor Tanning...A Risk Later On in Life

Indoor tanning has become the fashion of today, but is it really worth the money and health risks later on in life? ... Ladies" tans proved to society that women could be outside and was a sign of athleticism. ... Wrong, skin cancer is the number one risk of receiving concentrated "fake" sun, which is irreversible. ... Cataracts are another cause of collective UV rays, are you willing to risk your eyes if you don't die from cancer first? ... Just like any other trend in human society, it fades away, hence the word "fad" when describing such a trend. ...

  • Word Count: 1275
  • Approx Pages: 5
  • Grade Level: High School

3. Alccohol: a risk for the society

They not only advise people to take a good care of their health, but also provide them with prevention medicine to reduce the risk of fatal diseases. ... Statistics show that the use of alcohol pushes the society towards the distraction. ... The more a woman drinks the greater risk to her baby. ... It's not worth taking the risk. ... In general, alcohol is a risk for the society as a whole. ...

  • Word Count: 1574
  • Approx Pages: 6

4. Society's Influence

It seems as though status is a main issue to teens and society. The need to feel accepted by others in order to be the center of attention, and that need to be distinguished greatly from everyone else is a strong force that exposes itself to nearly all people in society whether or not your an adult in society or a teen in highschool. ... Status was an all-time high in society especially where I had lived. ... Now, there's nothing left to do but jump down with risks of hurting yourself. ... Society's conformity influences the actions, beliefs and dreams of each American. ...

  • Word Count: 675
  • Approx Pages: 3
  • Grade Level: High School

5. Atomic Energy - Is it worth the risks?

There are some advantages that result from the use of atomic energy but when deciding whether it is "worth the risks" the benefits must be weighed against the risks. ... This brings society with the huge danger of a nuclear war that could wipe out life as we know it. ... It has also provided society with an inexpensive source of energy that allows us to stop using fossil fuels, although the high costs in establishing nuclear power plants can be argued against this. When looking at the assistance atomic energy has given to the medical field it seems to outweigh the risks. ... The thre...

  • Word Count: 274
  • Approx Pages: 1

6. is irish society based on clas

The main inequalities in society are class, gender, race and inequalities in income and wealth. ... According to Cullen (1999), Irish society is one of the most unequal among western countries. ... It certainly was a society in which it wasn't what one knew, rather who one knew. ... Due to this exclusion women are at considerable risk of experiencing downward social mobility. ... In conclusion, the above evidence has indicated that Ireland is indeed a society based on class and inequality. ...

  • Word Count: 1642
  • Approx Pages: 7
  • Grade Level: Undergraduate

7. Risk Assesment

INTRODUCTION: In every aspect of our lives, there are risks. ... We do not live in a perfectly safe society and no matter how hard we try to avoid risk, we can never completely evade it. ... There is also a common idea that any risk is too much risk. ... But the fact remains that risk cannot be eliminated, only decreased. Assessing public risks is a delicate process. ...

  • Word Count: 1310
  • Approx Pages: 5
  • Grade Level: High School

8. Kids at risk

These kids all at one point fell under the categories of at risk youths. "At-risk youths are those who are at serious risk of failing in school and who will probably be unsuccessful in making the transition to work and adult life and as a consequence are unlikely to be able to make a full contribution to active society." Some of the main causes for youth to be at risk are: 1. ... Social disadvantages play a big role in many lives of at risk youth. ... At the same time school have the capacity to promote the risk factors. ...

  • Word Count: 1656
  • Approx Pages: 7
  • Grade Level: High School

9. ELDERLY AT RISK

Elderly Women at Risk The number of elderly people in today's world has significantly increased in the past number of years. ... In the article, "The Elderly Woman at Risk", Cheryl Fischer and Marge Hegge describe the four stages of grief and possible risks associated with each stage that a newly widowed woman goes thorough. ... A woman is at high risk for accidents during this stage, which can last from two weeks (during which the shock is most intense) to a month or longer. ... The emotional turmoil stage may last from two weeks to six months or longer and risks result from the em...

  • Word Count: 727
  • Approx Pages: 3
  • Grade Level: Undergraduate

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