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Essay on Deregulation: A False illusion

Our government must indeed counteract corporate interests to insure fairness and strengthen community interests. Though many argue that true capitalism would eventually produce fair competition and common good, the common man doesn't deserve to wait that long. The past has proven that industrious individuals and corporations are by far more interested in the greatest profit than the preservation and continuation of the common good. Therefore, if the government doesn't step in to control the power of corporations, all but a privileged few will suffer.

The idea of giving the power back to "the people" is summarized very well in the following quote by Franklin D Roosevelt, "The only sure bulwark of continuing liberty is a government strong enough to protect the interests of the people, and a people strong enough and well enough informed to maintain its sovereign control over the government.¹" The only way to truly gain power, for "the people", is through political means. Since deregulation simply transfers power to corporate society, "the people" must acquire power politically through educated voting. The idea of gaining power through republican means is foreign to most of our society, yet it is still one of the only effective means of gaining true power.

The idea of returning the power to the people, through deregulation, is a false illusion. History proves that big business cannot govern itself effectively without some sort of government intervention. When a business grows to such an extent to which profits become the only objective, and the general welfare of that so


Names mentioned in this term paper
Franklin D Roosevelt, **Bibliography** Bruun, Leventhal Publishers, Robin Getzen,

Organizations referenced in this paper
federal government, Congress, United State Constitution,

Locations referenced in this paper
United States, California, New York, Virtues.,

Companies talked about in this research paper
Microsoft,

Keywords mentioned in this research paper
big business, corporations, working conditions, government regulations, government intervention, united states, industrial revolutions, deregulation, common good, interstate commerce, true power, federal government, fair, society, unfair business practices, interests, competition, fair dealing, Supremacy Clause, price fixing, Franklin D Roosevelt, wishful thinking, values and virtues, general welfare, water pollution, public utilities, community, State Constitution, Microsoft, third world countries, New York, markets, corporate, moral, the working class, capitalistic, reprimanded, laissez faire, cruelest, tamed, leeway, proletariat, pessimistic, forefathers, Getzen, Anti Trust, rampant, deregulated, insure, Ridiculous,

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Deregulation: A False illusion. (1969, December 31). In DirectEssays.com. Retrieved 04:38, May 21, 2013, from http://www.directessays.com/viewpaper/72454.html
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