Thursday, February 20, 2020
Government in a Capitalism Structure Essay Example | Topics and Well Written Essays - 750 words
Government in a Capitalism Structure - Essay Example faire capitalism occurs when the economic surrounding in which transactions between private parties are free from the influence of government subsidies, restrictions and tariffs and only have regulations that are meant to protect their property rights. Welfare capitalism involves the practice of businesses that provide welfare services to the employees of their organizations and State capitalism is a type of capitalism where the business activities are undertaken by the state that organize and manage the means of production. Government owned businesses dominates state capitalism and they receive a lot support from the States unlike other private owned businesses. This paper is going to scrutinize the interlocking role of the government in a capitalism structure. The government affects the capitalism structure both positively and negatively hence, their roles could be appreciated depending with the influence they have to business enterprises and citizens. Roberts (2010) stated that the role of the government in the capitalism structure is to protect the citizens from the businesses that use force and fraud and ensure that the people are protected. Government protects individuals by ensuring that their rights are respected by business enterprises. Roberts (2010) stated that the government applies the use of the military to ensure security of citizens in cases of foreign aggression, police force to maintain law and order in their countries and court systems to settle disputes and enforce contracts among citizens. Commons (2006) stated that the government makes regulations on services and products to ensure that citizens are safe from harm. This is happens especially when the government restricts the use of certain materials that could harm the health of the citizens. The private businesses have an obligation to manufacturer materials that are environmentally friendly to avoid causing harm to the citizens. The government ensures that gases produced by private
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.