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yyaanngg

“Governments should not be responsible for regulating businesses and other organizations. Instead, society would benefit if the organizations themselves assumed responsibility for establishing and enforcing their own standards and regulations.”

The speaker asserts that government should not be the regulator in establishing and enacting the business standards and regulations. Rather, business themselves are the responsible carrier to establish and implement the rules. But in my opinion, this assertion is neither logically deliberated nor practically implemented. To illuminate my position, I will base my conclusion on the following points:

First, the ultimate goal for every business is to maximize profit within the cost constraints and regulation constraints. Apparently, business will loose their regulation constraints as possible as they could in order to attain their objectives. So how can business give themselves proper constraints if those constraints are the barriers in the operating activities? As a result, self-regulating is still Utopia for most of the corporations. Business themselves are the participants in the inexorable competition. In order to create a fair competition, not the participator but the government is the right candidate to make those regulations and legislations.

Second, even in the current situation where there is convention that government is liable for the rule-making, a huge number of business scandals challenge our society's competitive environment. Nobody will forget the Enron and Anderson's collapse in 2000 after which it is the US government made their effort to legalize the Sarbanes-Oxley Act. Besides this, we still saw the bankrupt of the WorldCom. These three companies were once the tycoon in the US listed companies. Accordingly, they should perform themselves in a legal way to give investors' confidence and make the market efficient. What else could we believe if those giant firms have trampled our society's common regulations?

To sum up, business as a participator in the fierce competition can not be the regulator of the rule, rather society can benefit if the government take its responsibility to be the regulator. The only liability for business is to implement those regulations and rule legally and to conform their responsibility accordingly.

rio

以下是引用yyaanngg在2007-6-22 23:43:00的发言：

“Governments should not be responsible for regulating businesses and other organizations. Instead, society would benefit if the organizations themselves assumed responsibility for establishing and enforcing their own standards and regulations.”

The speaker asserts that government should not be the regulator in establishing and enacting the business standards and regulations. Rather, business themselves are the responsible carrier to establish and implement the rules. But in my opinion, this assertion is neither logically deliberated nor practically implemented. To illuminate my position, I will base my conclusion on the following points:

First, the ultimate goal for every business is to maximize profit within the cost constraints and regulation constraints. Apparently, business will loose their regulation constraints as possible as they could in order to attain their objectives. So how can business give themselves proper constraints if those constraints are the barriers in the operating activities? As a result, self-regulating is still Utopia for most of the corporations. Business themselves are the participants in the inexorable competition. In order to create a fair competition, not the participator but the government is the right candidate to make those regulations and legislations.

Second, even in the current situation where there is convention that government is liable for the rule-making, a huge number of business scandals challenge our society's competitive environment. Nobody will forget the Enron and Anderson's collapse in 2000 after which it is the US government made their effort to legalize the Sarbanes-Oxley Act. Besides this, we still saw the bankrupt of the WorldCom. These three companies were once the tycoon in the US listed companies. Accordingly, they should perform themselves in a legal way to give investors' confidence and make the market efficient. What else could we believe if those giant firms have trampled our society's common regulations?

To sum up, business as a participator in the fierce competition can not be the regulator of the rule, rather society can benefit if the government take its responsibility to be the regulator. The only liability for business is to implement those regulations and rule legally and to conform their responsibility accordingly.

写得很好！5分以上。