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VladimirAG [237]
2 years ago
12

Think about Laissez-Faire policies. Do you think the owners of these factories would like them? Why or why not?

History
1 answer:
julsineya [31]2 years ago
5 0

As I understand it, Laissez-faire ideology maintains that the "free market" is the best way to determine what businesses can and should do. This means that businesses, in competition with one another, should be free to determine their paths free from any government rules or regulations. The belief is that the competition among various businesses will ultimately result in the best outcomes for society in general - Adam Smith's "invisible hand". As part of this philosophy, workers should also be free to compete with each other and choose to work wherever they wish and this process will also result in the best results for the workers as well.

However, isn't there a huge assumption in this philosophy? Doesn't the whole justification of this belief depends on the condition that there is perfect competition and that any company and any worker have the equal ability to compete with one another?

What if there is no perfect competition? What if some companies have advantages - due to any of a whole array of reasons - that place them in a non-competitive position vis a vis their competitors? Without perfect competition then other companies are not necessarily able to compete with other companies that have certain advantages. If such a situation exists, then advantaged companies may have the ability to pursue a course that results in their private benefit, but not necessarily to the benefit of society as a whole. The same would apply to workers in that reduced competition among companies would result in decreased leverage for potential employees.

To recap, if the Laissez-faire ideology maintains the best economic policy for society as a whole, and it depends on there being perfect competition on an ongoing basis with minimal government intervention, doesn't it fall apart if there is less than the perfect competition?

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Answer:

In no way would it have been possible to prevent World War II. Western powers, especially Britain and France, attempted to carry out appeasement policies against the imperialist actions of Germany in Austria and the Czech Republic. The United States, on the other hand, was carrying out an isolationist policy, with which it hardly intervened in the moment before the war.

In any case, no alternative could have worked in the face of Adolf Hitler's imperialist impetus, who wanted to create a predominant German empire throughout Europe. Nor could the expansionist thirst of Italy, whose leader Benito Mussolini sought to control the Mediterranean and regain a position of power after World War I, could have been quenched. Furthermore, the Empire of Japan was in the same position as its two allies. All this created a warlike breeding ground, which in no way could be restrained peacefully without huge losses on the part of Western countries.

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tankabanditka [31]

Explanation:

In 1952, American ally General Fulgencio Batista led a coup against President Carlos Prio and forced Prio into exile in Miami, Florida. Prio's exile inspired the creation of the 26th of July Movement against Batista by Castro. The movement successfully completed the Cuban Revolution in December 1958. Castro nationalized American businesses—including banks, oil refineries, and sugar and coffee plantations—then severed Cuba's formerly close relations with the United States and reached out to its Cold War rival, the Soviet Union. In response, U.S. President Dwight D. Eisenhower allocated $13.1 million to the Central Intelligence Agency (CIA) in March 1960, for use against Castro. With the aid of Cuban counter-revolutionaries, the CIA proceeded to organize an invasion operation.

After Castro's victory, Cuban exiles who had traveled to the U.S. had formed the counter-revolutionary military unit Brigade 2506. The brigade fronted the armed wing of the Democratic Revolutionary Front (DRF), and its purpose was to overthrow Castro's government. The CIA funded the brigade, which also included some U.S. military[7] personnel, and trained the unit in Guatemala.

Over 1,400 paramilitaries, divided into five infantry battalions and one paratrooper battalion, assembled and launched from Guatemala and Nicaragua by boat on 17 April 1961. Two days earlier, eight CIA-supplied B-26 bombers had attacked Cuban airfields and then returned to the U.S. On the night of 17 April, the main invasion force landed on the beach at Playa Girón in the Bay of Pigs, where it overwhelmed a local revolutionary militia. Initially, José Ramón Fernández led the Cuban Army counter-offensive; later, Castro took personal control. As the invaders lost the strategic initiative, the international community found out about the invasion, and U.S. President John F. Kennedy decided to withhold further air support.[8] The plan devised during Eisenhower's presidency had required involvement of both air and naval forces. Without air support, the invasion was being conducted with fewer forces than the CIA had deemed necessary. The invaders surrendered on 20 April. Most of the invading counter-revolutionary troops were publicly interrogated and put into Cuban prisons. The invading force had been defeated within three days by the Cuban Revolutionary Armed Forces (Spanish: Fuerzas Armadas Revolucionarias – FAR).

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The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

This individual, who is very important in both Christianity and Judaism, is widely considered the father of the jews. He also is part of the lineage of Muhammed, the founder of Islam.

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