AI 61 请各位指教拉

jungao4 · 发表于 2010-6-18 21:50:59

新手的第一篇issue,这篇还比较有扯得，写了35 分钟呢。大家来说说

61． Even at its best, a government is a tremendous burden to business, though a necessary one.

It is unanimously agreed that the best way for a market is to let it operate on its own since demand and supply, the two “invisible hands”, will drive the market to the equilibrium. Hence, some people suggest that the market should be freed from the government totally. They argue that even at its best, a government is a tremendous burden to business. Others, while agree this statement, contend that a government is necessary. In my opinion, a government is necessary and may even be beneficial if it exerts its power to the appropriate level.

Admittedly, intervention from the government will disturb the balance of the market. The balance of a market is determined by the aggregate demand and aggregate supply. When demand equals supply, the market reaches its equilibrium. For example, when demand is higher than supply, the price will be driven up and more suppliers will enter the market. Subsequently, demand will fall, due to the higher price, until it reaches supply and the market is balanced again. When the government interferes, the balance is destroyed. For example, the minimum wage law, which sets a price floor, causes the demand to be higher than the supply, hence creating huge unemployment.
Government control can also destroy businesses. The political economy that China had gone through provides a vivid example of the bad influence of government control on businesses. The market was totally controlled by the government. The only thing that businesses did was to follow the instructions. As a result, the market operated inefficiently and businesses lost the motivation for development. Hence, government control can be highly destructive to businesses.

Nevertheless, that does not mean that government should give businesses total freedom.
Government imposes certain rules and regulations essential to secure a fair market. Self-fishness is human nature. Without laws, a business will do what is best for itself regardless of the impact on the society. Tobacco companies will try to expand their customer base by inducing teenagers. Industrial companies may dump hazardous pollutants to the air. Others may compromise quality to get a higher profit. Hence, government regulations can be beneficial to the market.

Also, although the market can balance itself, sometimes it takes too long to do so. When the market finally reaches its balance again, it is highly likely that a lot of people have suffered. For example, in the recent economic crisis, the government stepped in and installed money into the market. If it hadn’t done so, a lot more people would have become unemployed and the credit -worthiness of the market would have collapsed totally. The market will recover, but it will probably take more than a decade to do. Hence, interference from government is necessary.

To conclude, it is true that excessive interventions from government will cause a heavy burden on the businesses. However, a government stands to make sure the market is operating normally. And, if exerts its power appropriately, the government can benefit the market.

AI 61 请各位指教拉

所属分类: 下线版块

正在浏览此版块的会员 ()