The Government's Influence The Government Should Have On Businesses

Ever since the creation of our nation there has been debate for how much influence the government should have on businesses, from federalist to anti-federalist to today as republicans and democrats. the republican views on business and the economy generally is that the government should have little affect and regulations. The democratic view is generally that government should have a bigger role to insure fair play for all businesses and people. The most iconic person for these republican values is Ronald Reagan who served as president from 1981 to 1989. His cuts on government regulations and taxes are one of his biggest achievement, for example, “Reagan's primary legacy is the reversal of government growth. His tax cuts and regulatory reforms diverted resources to the private sector” (citation). Reagan prided himself on decreasing the government power and increasing the private sector. Richard in the article Business-government relations in the 1990s. suggest that communism is a threat and that America should be careful of letting government have too much control over business. He proposes that communist countries are struggling such as “The standard of living in communist nations is low and getting worse. Food shortages are common,

We need a fundamental reassessment of our antitrust laws” (citation). Antitrust laws are laws placed to prevent monopolies and businesses becoming too powerful. He believes that the government should be there to regulate a healthy competitive market. Furthermore, he suggests that the government should invest in the capital of America “Our government must enact legislation to attract more capital into industrial investment” (citation). He wants the government to be weary of becoming to oppressive but also wants the government protect competitive market