Friday, April 17, 2009

How much Government Intervention should there be in the Economy?

Should there be little or more control and why? How much is too much and why should or should not the government intervene in economics? What is your opinion on this topic?


The governments make the rules and enforce property rights to assure private markets are run efficiently and fairly. Without at least this much an economy can not function and people with the most power get what they want by stealing.

Banking and financial services suffer from a moral hazard because they control other peoples money, so will take too many risks, They play heads I win tails you lose with their depositors and the public, so they need to be regulated by the government. Before they were regulated by the government they crashed the economy at least one a decade.

The national government also needs to control the amount people seaking profits are allowed to pollute the water and air, and local governments trash, noise, etc.

Most people also want the government to assure food, drug and product safety, build roads, pay for research and education

No intervention. the nation, democracy and the economy all have the same foundation, the free market. The economy will thrive when Business are allowed to go out of Business, the weak companies, making poor, cheap products over priced, no one wants em, no ones buying, so the fail. that's what should happen. Let the bad companies go under, and the good companies thrive!

mixed economy is the answer. there are many industries that do not need government intervention, but I think the following industries or institutions need a high degree of intervention:

*banking and finance

*food services

*education

*public utilities like water and electricity

these industries/institutions must be nationalized.

none i think this all sucks heres why

im laid off probably out of work permanently i owe the banks aka the credit card companies they get my money anyway aka the bailout i pay for it in my taxes and im supposed to continue paying my bills too aka sweet deal. there should have been no intervention this is the worst example of poor management ever and those who managed are very privaliged and live well i did nothing wrong and now have to pay my bills and my taxes isnt that double pay and i have nothing

COMPANIES THAT FAIL MAKE WAY FOR COMPANIES THAT SUCCEED THAT IS A FREE MARKET BAILOUTS UNDERMINE A FREE MARKET AND SHOULD NOT HAPPEN

None. Let the market work the way it's supposed to.

are you taking a level?

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