As with any government, there is the necessity of an economy, or else the government would fail because economy is one of the basic necessities of a government. With a democracy like we have in a country of our size, managing this economy becomes a big problem.
One important factor is; In a country based on freedom, how much are we willing to give up to keep the economy stable None A little bit All of it The answer is not as simple as any of those.
If nothing is given up, then we will get nowhere.There would be no regulations and no control. Everything would be in this persons view, or that persons view, and there would be no way of making sure that there was any consistency.
Lets use the FDA as an example. If there was no regulation, then not only would the FDA not exist, but nothing would be known about the effects of hundreds of drugs, and many people would be either sick or dead because they didnt know if a drug was safe or not when they bought it off of the shelf because, once again, of no regulation.
If some of our freedom is given up, then we can get somewhere. If we are willing to give some freedom up, then we can give that freedom to certain groups and organizations that have the facilities, knowledge, and technology to help keep us safe and healthy (FDA), employed (AFL), living in a clean environment (EPA), and to allow us to hold on to more of our money (ICC).
If all of our freedom is given up, then we have lost the meaning for which the pilgrims sailed to America.To go somewhere where they could think for themselves and not be told what to do or how to live. If we gave all of our freedom, then we would no longer be a Democracy. We would live in a nation where we are told what is best for us and what we should and should not do.
We would all be treated like children and the politicians and the rich would become the aristocracy of ages ago. It would be to nobodys benefit to give up all freedom.
Cite this The Necessity of an Economy in Government
The Necessity of an Economy in Government. (2018, Apr 23). Retrieved from https://graduateway.com/essay-on-government-essay/