The people must remove any government that destroys their “unalienable rights”
The expressed power the Supreme Court cited when it upheld the constitutionality of the Affordable Care Act (ACA) was: the power to tax.
Explanation
Even though the Supreme Court declared that the law could never be upheld, by a decision based on the regulatory power of Congress, the Court ended accepting that it was constitutional and valid for the Congressional power to tax, as a consequence, defending the individual mandate.
<u>Answer:</u>
<em>Silk road is the major and pioneer land route in Asian continent which connects from Extreme East and West of Asia.
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<u>Explanation:</u>
Silk road initially started for the silk products, it extended from Eastern China to Persian countries. Chinese are initially travelled along the land route via South East Asia and Eastern side direction. Recent, Belt and Road Initiative project by China is inspired by the Silk road ideology. It developed the new crops agriculture practices and developed the market for silk related products in China. Then they spreaded the ideologies via trade is considered one of the major socio-cultural practices performed by China.
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?