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?
Answer:
From undermining war effort or speaking bad against the government
Explanation:
The espionage act of 1917 and the Sedition act of 1918, made every disloyal or abusive language against the u items states military and government a criminal offense.
The president was afraid that a ti war speeches would undermine the efforts they were putting in at the war. The act also targeted socialists, anarchists, pacifists. Any one who violated could spend up to 29byears in prison and fine 10000 dollars
Two Nuclear Bombs, one on Hiroshima, the other on Nagasaki
<span>ohn Renshaw has just returned from Florida where he assassinated the president of a toy company. Renshaw picks up a package on his way to his apartment and carefully opens it once alone. The package is from the same toy company his victim owned and contains a set of toy soldiers, complete with tanks, helicopters, and missiles. The package begins to move on its own and releases its contents, which are animated. Suddenly Renshaw realizes he is under attack by tiny soldiers. The bullets they are firing are minuscule, but draw blood just the same. Renshaw cannot believe what is happening at first, but then begins to fight the soldiers. Renshaw cannot stop them all at once, so he is forced to seek refuge in the bathroom.</span>
The oldest mesoamerican civilization is the Olmec civilization
