Essay on Should Governments Use Private Enterprise To Restructure Their Economies
Should Governments Use Private Enterprise To Restructure Their Economies Term Papers
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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 care. Private health care would cause people who cannot function in such a competitive environment to suffer. But think about the benefit we will have for the majority people. Isn't "majority rules" the main theory in democratic countries? Expanding private health care is the only way to cut costs and reduce waiting lists in a public system that has been stretched to the limits by federal funding cuts.
A private enterprise economy creates a competitive environment. People work harder and are more initiative and productive. Let's take computer as an example. In the old day, high-tech computers were only used in military. Computers controlled all kinds of nuclear weapons, missiles, and space stations. But ever since the free market economy was introduced, computer production grew rapidly. Company like IBM, Intel and Apple were the very first that came up with commercial and home computers. They produced millions of chips every year and the technology they are using is getting better and better. The quality and speed of a computer grow at least 2 times a year. Now different companies also produce different parts of computers. A computer is no longer made by a single company. This creates great competition and great productivity. Any ordinary home computers you can see now are all a hundred times better than the computers that were used on the space satellites before.
China, the country with largest population in the world, now happens to be a backward country. Ever since communism was...
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