Good afternoon everyone we are group one of
the politics and economy. I am Robert and he is Knot. Our topic today is Capitalism:
A tool of the government.
Ok, to begin with I will like to introduce
the tern Capitalism to every one of you. The way how capitalism functions is
like different gears that twisting and pushing one another to operate the
concept. As a result, capitalism is divided into two categories of people, the
middle class who are those people with capitols and properties and the wage
workers who had nothing at all. The two groups, therefore, worked as
complementary toward one another for the middle class provides capitols and
techniques and the wage workers provide labor.
Many wonders and criticism had been made to
question the fairness of capitalism. The argument is that if capitalism
continues to function. The problems will soon occur. The opposed people argues
that the middle class will eventually be more wealthy while the workers still
workers.
However, just think for a moment. If you
have to work very hard every day and you get the same amount of rewards as
those who are lazy. Do you think it is fair? Think this way if you have a lot
of things to study like English literature, American history and have
annotations to write and your classmates in response only watches movies do you
still think it is fair? I don’t think so. The purpose of capitalism is to
reward those hard working people with the amount of prize they deserved. It is
like how the Chinese proverb goes “As you sow, so as you reap” A work and gain
concept. Therefore, it is clear to see which one is more fair isn't it. Huh.
Even with this perfect concept there is
still one fatal defect and that is moral corruption. Moral corruption includes
corruptions like temptations and laziness. Take this for example if you are
listening to a very boring class and wanted to take out your smartphone to play
it is a kind of temptation. If we use it on the economy it will result in
corruption. However, it is inevitable to face these challenges, therefore,
strong self-disciple is required and also other outside factors such as strict
laws.
Now we will take Singapore as an example of
the clean government. Singapore is a typical capitalism country. Singapore had transformed itself from a British colonial
pot city into one of the world’s financial Centre. And it even becomes the head
of the Asian four dragons. The success of Singapore is due to its small and
medium-sized enterprises. It responds to the work-gain concept we mentioned above.
Also government’s economy policy is essential too. To avoid moral corruption
the Singaporean government used severe laws such as life-imprisonment to
restrict their people from going down.
Capitalism itself is with good intention,
but moral corruption is what makes it notorious. However, it is impossible to
avoid such defect to happen for there are various temptations throughout our
life. As a result, simply trusting the innocence and efficiency of the
government is not enough. It should be accompanied with a set of strict laws to
watch it. After all, we can conclude that “Capitalism is nothing but a tool of
the government that depends on who is using it”.
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