What do you think about the role of government in a market economy? Do you think government should intervene i
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12-18-2012, 01:13 PM
Post: #1
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What do you think about the role of government in a market economy? Do you think government should intervene i
What do you think about the role of government in a market economy? Do you think government should intervene in a market economic system? Why? Explain.
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12-18-2012, 01:21 PM
Post: #2
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Yes, there must be a government in place to regulate commerce and protect the public from things like illegal business transactions.
There is definitely a role for the government to play in the market, just not too much. The success of a free market is to know what the government can touch, and what it can not. Ads |
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12-18-2012, 01:21 PM
Post: #3
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Monetary and Fiscal policy has to be in the hands of g'vmt. Interest rates and taxation are the ultimate market drivers. Without this policy, our currency would be under attack or support from speculators who could ruin an economy, no matter how strong, i.e. Panic of 1907.
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12-18-2012, 01:21 PM
Post: #4
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Government should have no role other than to protect its economy through fair trade practices.
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12-18-2012, 01:21 PM
Post: #5
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Sounds like your homework to me.
Government should not intervene. Its role is to open other markets, not to create them. Think lemonade stand. A lemonade stand will do well if your parent took you to a better local and if your parent helps you attract customers to your stand. But as soon as they start to dictate how much you should charge, and what type of lemonade, signage ect. must be used. A lemonade stand has become more than that... The whole concept of a lemonade stand is to let kids figure out and if Jane kicks your asstronomical figure because she has a better, nicer lemonade stand, then you should not be in business. For more about this read my future book How to kick asstronomic figures at your Lemonade stand while buying & dealing WMDs. |
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12-18-2012, 01:21 PM
Post: #6
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Yes, I think the government is obligated to regulate, and intervene, in a market economy.
Market economics concentrate wealth (the rich get richer while the poor get poorer), sabotage human values (if people value something, then it must be worth money, and if it isn't worth money, then it must have no human value), punish altruism and cooperation (which are anti-competitive), encourage deception and information hiding (to create competitive advantage), wreck the environment (it's rarely economic to use resources in a sustainable or non-polluting manner), and exploit consumers (who only exist to give businesses their money). So far, unregulated market economies have, consistently, turned into economic, social, and environmental disasters. Just look at Britain and America in the late 19th century, or Indochina and Latin America in the 1990s. The former Soviet countries aren't looking too good right now, either, and I'm a little worried about the USA's current economic policies. |
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