Articles Article Example | Topics and Well Written Essays - 500 words

Articles - Article ExampleSimilarly, consider a farmer giving maize to a consumer in exchange for money. Definitely, the two parties are made better off in the second case, entirely the farmer is made worse off in the first case. So it is just better to make water a throw in commercialise.After reading the article, I thought that greed may be beta as suggested by Williams, but it may also be used in a detrimental way. It is not that I oppose the argument of Williams it is only that I do not fully crack with him. It is indeed true that most economically beneficial activities are performed as a means of act ones own interests. However, doing something with the interest of others in mind could lead to honesty and quality of service. For drill, if Texas ranchers scorned New Yorkers, they would decide to deceive them in terms of weighing scales. This would be wrong and socially irresponsible, and it would develop a decline in overall welfare of New Yorkers and ranchers of Texas .As much as I also think that the author was clever in the manner in which he used the example of ranchers and potato farmers, I also believe that he left out an important aspect of sustainable development business ethics and social responsibility. Caring about ones interests alone is unethical and has negative repercussions in the economy.I think this article explains capitalism and the free market in such(prenominal) a way that a common man can realize the importance of free market. I have learned that capitalism has given the common man an opportunity to enjoy the benefits of the free market just like the rich people. I think equal distribution of resources can be achieved if the free market works effectively.I think this post has demonstrated a good observation of the author. right away the common man can enjoy some luxuries that were not enjoyed back in the yesteryears. Indeed, it is interesting and I think it is all because of the great opportunities that the free market and capitalism have