A few posts earlier, Kirk pointed out that the government can intervene when things go awry. However, it is not so easy for the government to intervene in a democracy. When the government intervenes, it goes against the spirit of democracy like Zi Yang said. The people of the country would certainly not like it when they are not listened to. For instance, just look at Malaysia now. They have just reduced the subsidies on their fuel. The people did not want the price increase but the government decided to do it any way for the good of the country's economy. This could be an example of "government intervention". The result was protests from the citizens of Malaysia. Thus, not only does governmenty intervention go against the spirit of democracy, but it also brings about uhappinesss in a country, reducing its stability. As a result, government intervention is not always a viable option when dealing with unpopular policies disliked by the majority.
Kirk also mentioned that educated people would be able to make a decision for the benefit of the whole nation. However this is not true. Not everyone is so selfless. Especially when it comes to money and economic policies, people are not so agreeable. The same example of fuel subsidies can be used for this. In the same way, it becomes hard for he government to implement some of the more unpopular but necessary policies.
Tuesday, June 10, 2008
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