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Old 09-20-2006, 04:44 PM   #1
Scorponok
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Join Date: Apr 2006
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Thumbs up Is Government Regulation/Intervention Good or Bad?

Just wonderin' what your thoughts were. Say, if a government steps in and gives a lot of money to Air Canada if they are about to go bankrupt.

Or to only give liscenses to x number of companies to provide telephone services.

In the second example, I can't think that this is ever a good idea. competition is a good thing, and if you only allow x number of companies to provide a service, usually the companies with the permission to set up their business usually don't improve.

In the first example, some people would argue it's good, because if the government doesn't help the business, thousands of Canadians could be out of work or displaced. But then one could also argue that if the company could not make it based upon the merits of their own product, then it doesn't desrve to exist in the first place.

There are plenty of arguments for and against on both sides. Wondering what your thoughts were.



P.S. Sorry if this post doesn't make total sense. I'm about to head home from work and only had a few minutes to make it.
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