Should governments use private enterprise to restructure their economies
In the modern world, countries like Canada and the United States tend to move from the left wing to the right wing. Is this a good thing? Adam Smith's laissez-faire theory, "The Invisible Hand", explains the fact that the selfish of all individuals of a society ultimately combine to benefit all of society. People in private enterprise countries have stronger sufficiency and individual initiative, and societies have higher productivity. Alberta government is introducing Bill 11, which is based on Canada Health Act. This bill is supposed to privatize the heath care system. It would allow for-profit clinics to do minor surgeries and keep patients for extended overnight stays. It will increase our economy because the government can now use the money that is saved from it to pay their debts and for international investments. Alberta's health care funds have been numerous. They were abused on healing people who caused drunk and drive accidents, people who smoke too much, and people who do drugs. These people do not deserve any free health care. They should be responsible for themselves and pay for their own health care fees. Many people say that private for-profit health care is less efficient and more expensive than public health
Thus when choosing to restructure a country's economy, it is the best for a government to use private enterprise. It helps a government to reduce social costs and it encourages its citizen to be more initiative. The problems that face many economies today such as rising of national debts can best be met by restructuring economies using private enterprise. China, the country with largest population in the world, now happens to be a backward country. Ever since communism was introduced in China, it has been fallen behind in the world's economy. China believes public enterprise will eventually be the best economic system. But in fact, Chinese people, who are known as hard working, has become lazy and lost their productive sense. The Chinese government controls everything, even the human rights. Comparing China to its near-by democratic and free market country (also known as their cross-sea province) Taiwan, which started economic reform just at the same time China did. Taiwan is now producing US$ 12,333 per capita GNP while China is only producing US$ 738 per capita GNP. Just think about that Taiwan is a very small Island that only has 22 million people in it and it is producing higher GNP than that of the huge China. Comparison of China and Taiwan is unique because they are both Chinese but have opposite political and ec
Some common words found in the essay are:
Health Act, Intel Apple, Linux BeOS, Bill Gate, China Taiwan, Invisible Hand, Comparing China, Canada United, Taiwan Island, health care, private enterprise, GNP China, free market, economic system, private enterprise economy, country's economy, government controls, private health, china taiwan, home computers, private health care, people private,
Approximate Word count = 895
Approximate Pages = 4 (250 words per page double spaced)
|
