Wednesday, November 20, 2013

Q2- Assignment 2

Herbert Spencer (Anna Buckley)
To be frank, I simply believe that the strong should see their wealth and power increase and the weak should see their wealth and power decrease. It's a simply concept that everyone should adapt to. If businesses, who have money and power, find it necessary to have cheap labor overseas, so be it! They are the ones who are keeping our economy going, and they should continue to do so. The better they do, the better our economy does! By having companies not spend as much money on labor, their product will become cheaper and competition will arise and the economy will become better. It's a win win situation for us all here because we are the ones benefitting from it all. The weak powerless people should be doing cheap work because that's where they should stay in the society, powerless and weak. In order to keep the economy good, we need to give the power to those wealthy businesses because they will be the ones helping the economy become good. The weak however won't help us anyway so why not put them to do cheap work for the powerful and wealthy people? This is the way it is supposed to be, and the way it needs to be to have a successful economy. 

1 comment:

  1. Adam Smith (Grace Mahoney) I totally agree with you, Herbert Spencer! I think that all countries should practice laissez-faire economics- the government should stay out of all trade and business. If people want to shift jobs overseas because they think that it will benefit their business, so be it! Who is anyone to say that they can't? If shifting jobs overseas brings more money into these businesses, then it will cause our economy to prosper, which is something no one would turn down!

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