Feeling helpless due to the economy they become addicted to claiming help from other sources other than themselves because it just seems easier. Thomas argues,” Anyone who thinks dysfunctional government is going to help their dreams is putting their faith in the wrong place.” In other words, the government cannot help everyone. Instead we should but putting our faith into ourselves. We are what makes America today, and if we don’t like it, then maybe we should take action and change it. If we were to start by supporting small business, we would be creating more employment, and keeping money in the community.
SUMMARY ASSIGNMENT In “Addiction in Free Markets” by Bruce K. Alexander and Stefa Shaler the main idea focuses on the causes of addiction that free markets bring to society, and the effects of globalization in free markets societies on each individual. Bruce tells us that, “free markets societies universally dislocate their members, leading to mass addiction” by ignoring and not respecting all the limits of the rights that individuals have. Bruce mentions Adam Smith who was a Scottish economist that warned that government should prevent free markets from becoming formidable and powerful to stop the great dislocation this was causing in society. Bruce explains that people change their ideologies, families, occupations, and lifestyle to try to fit in a society that looks so appealing and adopt new ideas of the way they should be to belong in a group and fill that painful void of dislocation. People integrate new habits which may include drug use and other activities that do not include drug use and they adhere to this things with such a passion that then it becomes an addiction.
Even if countries began to buy less, the implications of their actions on the global village would be catastrophic. If consumption goes down, then less people will be required to work and companies will have to start making cuts to their workforce because they are turning in less profit. The Buy Nothing Day would throw the world into a deeper recession then it already is in. America and the rest of the world have to consume more and spend its way out of the recession and debt. The United States was built on the principle of having debt and spending its way out of it.
He talks about how resources are limited and the more people there are in this world, the more the competion there will be. His conclusion is that the United States, by aiding povish countries, are just barely keeping them alive enough to reproduce more that results in more people living a miserable existence. Those who can not provide should not reproduce which will result in the death of the excess people that eventually leads to equilibrium because their will be more to offer. Montgomery also peeks some interest in his morbid, yet sadly logical theory, by bringing to the attention of his readers how it will improve the economy. The over population problem also correlates with unemployment.
However, deforestation effects everyone on a global scale. The loss of species, never to be seen again, is heartbreaking enough, but the loss of entire ecosystems might not effect anyone emotionally but it will affect them physically, with rising water levels, rising temperatures, and the greenhouse effect. By causing local wildlife to relocate into more urban environments, adversely impacting climate change, and negatively contributing to global atmospheric changes, deforestation should be a huge concern, especially for Americans who are typically more educated then the rest of the world. Americans have a responsibility to nature, and should use the education afforded to them by this country to spread awareness on deforestation. As Berlau states in Our Unhealthy Future, “It’s important to do what we can to protect the inhabitants of the environment or the planet...
According to Keynes, why might deflation create problems for an economy? ▪ In expectation of increased spending, too many entrepreneurs would begin businesses and most would fail. ▪ The cost of repricing goods would increase costs, and therefore reduce profits, for businesses and they would cut production. ▪ People would drop out of unions because unions would become ineffective at keeping wages of members high. ▪ Consumers might expect prices to fall further and cut back consumption now.
Bartender Bailout The Missing Piece of the U.S. Economic Bailout Plan By: Derek Hubenak Bartender Bailout: The Missing Piece of the U.S. Economic Bailout Plan The United States congress decided to enact an economic plan to rebuild the U.S. economy and, in turn, has directly affected my income extensively. I have seen the effects of our economy slowing as consumers hold tight to hard earned money because of a fear the markets may crash any day. The Dow drops continuously and consumer spending drops just as fast. One can not thrive without the other. The US economic bailout plan is unethical and outright criminal.
World hunger, pollution, and population growth all contribute to the increasing tensions felt around the world. World hunger has been created by an unequal distribution of food and resources to the people of the world. Wealthier nations, like the United States, consume more than their fair share of resources, and throw away millions of dollars of edible food each day. This wasted food could have fed starving people in areas like Ethiopia. Another problem with food distribution is that governments, like those in Africa, Asia, and Latin America are exporting crops to countries willing to pay higher prices as opposed to feeding its own people (Haviland, 2011, 2008).
For instance, if our famers don’t have subsidized water, assume the same crops amount needs for the people, the famers need to spend more cost to get the products, and the famers need to raise the product price to sell. If the product price raised to a high end point, the people may not eat those crops and other countries crops may get in the local market, and the local famers will lost the customers and those local famers business workers may lost jobs; this circular flow because the mistake from the governments will let a lot of local people lost job, than they don’t spend money because they don’t have income, and it end up to lowers our GDP and bad to our economics if we stop the subsidized water policy. Thus, I give an A of this quote in economics 4. During the drought that plagued California in the late 1980s and early 1990s, farmers in California were able to purchase subsidized water to irrigate their crops, even though many California homeowners had to pay large fines if they watered their lawns. Can you suggest an explanation for this difference in the treatment of two different groups of citizens within the state of
Desertification is spreading and water supplies are decreasing at an a rate faster than nature can replace it. This begs the question as to why they have not put into place restrictions and plans to save the ever deteriorating environment. In addition to environmental decline the economic well being of the country leaves much to be desired. The World Bank and other such agencies have taken fiscal responsibilities away from the states as well as cutting expenditures on government payrolls, health care, education and other such public services. Unfunding these public services creates and propels the poor situation that these countries are in.