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Friday, 05 April 2013 12:48

Adam Smith’s Thoughts On The Proper Role Of Government! Featured

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Adam Smith’s Thoughts On The Proper Role Of Government!


       The government as an institution has its own policies which govern the public and the private sectors. These policies are set and implemented to serve the whole purpose of ensuring smooth running of all business sectors. There are several roles the government is mandated to perform, thus here are the three specific roles established by Smith:


 First and the foremost, the proper role of the government (sovereign) are to protect  society from the violators of the law of justice in public and private, as well as, violation and invasion of independent societies. In this case, any violators apprehended by the government watchdogs would face penalties as per the laws set for that purpose.      Secondly, is the responsibility of protecting, as far as possible, every member of the society from unfair or oppression of every other member of it, or the role of establishing an exact administration of justice.


       The third duty is to erect and maintain certain public works, as well as, institutions which are not for the interest of any individual or small individual grouping, since the profits can not repay the expense to any individual or a small number of groupings, although it may recurrently do much more than reimburse it to a great society.  The regime or government should not attempt to direct private individuals in what ways they out to employ their capitals, since it would only baggage its self with a most unnecessary attention. Every entrepreneur should be freed to execute his or her own interests in business activities as long as he does not violate any law of justice.


       According to Karl Marx ideology on the formation of the working class, the origins of existing societies is as a result of the historical class struggles on clash antagonisms. The Bourgeoisie class, which sprouted from, the ruins of feudal community oppositions, has carried through the struggles against the Proletariats class. These two social classes have cost the society a whole lot of splitting up into two enormous inhospitable classes directly confronting each other. The workers begin to form trade unions, which are their, voices of urge for justice in the oppressive societies. In balance as the Bourgeoisie, capital, is advanced, in the equal balance is the Proletariat, the current or modern working class grown as a class of labourers who live only so long as they find some labor, and who find job only so long as their labour increase capital.


      The extensive use of machinery and division of labour has resulted to massive restrictions of workers who have become an adjunct of the machine and it is the most monotonous, simple, and most easily acquired flair, that is needed of him. As the revolting of the work increases, the salaries decrease, thus discouraging the workers efforts towards productive outcomes. However, the workers after forming trade unions, they are victorious since they are now capable to develop on their means of communication, as well, as reduced oppressions from their masters.


      The economic crisis situation deemed the radical departure for the Soviet Union. This was as a result of the workers pretense to work yet they were not working yet the treasured economical prosperity was declining as a result of some of the unbalanced situations such us lack of proper utilization of the land for plenty productivity, as well as, proper management of the land. Nationalism discouraged the individualistic tendencies of some of the leaders who had their personal interests other than for the entire state.  Chornovil’s nationalist demands for Ukraine were for distinctive freedom and independence for the oppressor country the Soviet Union among other factors.


 Reference:

Excerpts from Adam Smith’s wealth of nation, 1776 Retrieved on August 19, 2012 from http://www.historyteacher.net/APEuroCourse/Readings-Open/doc-ASmith-WealthOfNations.pdf   


 

Last modified on Friday, 05 April 2013 12:52
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