Discussion
6 :
Setelah
mempelajari Topik Sesi pertama yang berjudul ‘Laissez-Faire’ dan juga menonton
video dengan topik yang sama, jawablah pertanyaan-pertanyaan berikut:
1.
What does “Laissez-Faire” mean?
2.
How is “Laissez-Faire” still relevant today? What are the weaknesses of
“Laissez-Faire”?
3.
Do you think government’s supervision in economic activities should be
significant?
Jawablah
dengan kata kata anda sendiri untuk mendapatkan nilai lebih baik. Sumber
jawaban online hendaknya anda jadikan pegangan untuk membantu menuangkan
pikiran anda. Dengan kata lain hindarilah copy paste.
My
Opinion :
1.
What does “Laissez-Faire” mean?
Laissez-faire
is an economic theory that has developed since the 18th century. Those who
adhere to this theory believe that the government does not need to interfere in
people's business activities. Alias, considers that the economy must run
according to what it is.
The
word laissez-faire itself comes from French which can be interpreted as
"leave it as is". The theory assumes that the smaller the government
intervention in economic activities, the more qualified the community's
business activities will be. So, therefore, this laissez-faire principle is
often considered the main root of the economic theory of free capitalism.
Those
who believe in this theory consider that competition between people in the
business field is natural. Thus, an effective regulation to organize community
economic activities should be no regulations at all. In fact, according to
them, government intervention will actually make business activities even more
complicated.
2.
How is “Laissez-Faire” still relevant today? What are the weaknesses of
“Laissez-Faire”?
Laissez-Faire
Will Never Be Relevant. Until now, it seems that there has never been any
country in the world that has let go of its economy 100% and let the invisible
hand work (there is no pure government intervention in the economy)
Disadvantages
of Laissez-faire: Increasing income inequality and The common or common
interest is neglected.
3.
Do you think government’s supervision in economic activities should be
significant?
Considering
the importance of economic development to improve people's welfare, it is
important to monitor economic development in order to safeguard the success of
the national economy and to guard its integration with regional economic
development as the main prerequisite.