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Why Does The Government Regulate Big Business?

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Why Does The Government Regulate Big Business?
A democrat may ask: Why is the government doing so little in general and specifically about big business? A republican may ask: Why is the national government so big and specifically why does the government regulate the economy so much? A libertarian may ask: Why is the government gigantic and regulating anything? America was founded based on the concept of equality and liberty with a fear of gigantic government, and excessive democracy. The founding fathers set up a system of representative democracy and dual federalism; however they still fought over just how big the government ought to be. The fight lives on today with the democrats, republicans and libertarians all pitted against each other. The democrats want liberty, liberty from big business. They believe that government exists to protect their liberties, and only big government can accomplish this goal. Big business, on the other hand, stifles competition and takes away peoples’ liberties. Small businesses are unable to compete, so either the big businesses buy them or they go bankrupt. Democrats believe the solution is that the government, the protector of people’s liberties, should step in and regulate business. They should make …show more content…
They believe that government exists to protect liberties, but they are fearful of big government because “a government big enough to give you everything you want, is a government big enough to take away everything that you have.” Republicans feel that people need more of a say and that states need more power as opposed to the national government. The government should not let everything go unregulated, but they have to be very careful with what they regulate. The government should regulate the border, have a strong military and be vigilant about national security because the government exists to protect the citizens. Republicans adhere to traditional values, so they are skeptical of newfangled social

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