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Pros And Cons Of Government Intervention

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Pros And Cons Of Government Intervention
Since the implementation of Franklin Roosevelt's New Deal within the United States of America, modern liberalism and ideas of government intervention in the economy have become dominant within Western democracies. Government intervention can be interpreted how much effort the government puts into the economy and social programs to ensure stability, opportunity for individuals, and effort to benefit progress towards development of the greater good. The greater good can be defined as trying to benefit something so that all parties involved gain instead of diminishing others for self-interest and personal reasons.Yet not only modern liberalism calls for government intervention within the economy both right leaning and left-leaning ideologies have …show more content…
The author of this source appears to be in support of heavy government involvement in the economic and social aspects of the citizens lives. Policies such as public healthcare and government work programs would most likely be that of supported by the Author and his views of intervention to cause stability, provide opportunities and in the end benefit the greater good of society. Though government intervention may result in the forfeit of individual rights and freedoms, and the possible loss of self-determination yet its downfalls are minimal, when you look the enhancements to society that government intervention policies bring to society such as job creation, economic and political stability, and benefits to the greater good through allowing people to thrive with subsidies and government tax …show more content…
Yet when the government can intervene to create job opportunities through public work projects and supporting demand-side economic policies such as those proposed by John Maynard Keynes. The greatest example of this would be in the 1930’s through Franklin Delano Roosevelt's New Deal programs such as the Civilian Conservation Corps which was a public relief program for unemployed young men to work on camps to relieve the families that were suffering due to the Great Depression. The policies that FDR implemented to restore the American economy and the confidence of the people in the company was the birth of modern liberalism within The United States. The work programs as well as other programs of the New Deal such as the largest and most ambitious program the Works Progress Administration or the WPA which employed millions of Americans in government work projects such as the construction of roads and infrastructure which benefits all by creating jobs and increasing the quality of life through improved infrastructure. Government intervention allows the creation of opportunity as it takes the money out of the hands of greedy transnational corporation CEO’s and insteads places it into the faith of the government who should represent the people and does so in many liberal

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