Poverty and the Government
There is a profound tendency of societies holding strengths on the role of a few wealthy individuals at the expense of common citizens. It is further identified that the government essentially through the United States constitution labeled big companies as ‘artificial persons.’ Such a move is interpreted as a measure to grant corporates rights similar to individuals to enhance their imperialistic activities. Policies are thus designed to disenfranchise the poor while empowering the rich. Some of the further curved policies are a limitation on democracy to protect the interests of the rich who essentially owns corporates. Additionally, the economy is redesigned in a manner that diminishes the solidarity of the workers while shifting burdens. Such a populace is thus in a position to be economically abused. The government is also sensitive to any struggle by the public to revive itself in which it crafts countermeasures. It is at this point that it is identified that elections are engineered to meet the suits of the wealthy on the verge of controlling the decisions of the electorates. Instead of voting for policies, the electorates are thus subjected to a status of following the masses as influenced by the money biased media.
Effects on nature
Nature has a way of regulating the global financial situation enshrined in the astronomical development of financial capital. Such a system functions to undermine the trials of diverging concentration of wealth to the selected few. It is in this case identified that the markets are in profound control of business magnates that majorly control essential financial sectors like the stock market. Any attempt by a government as seen in Clinton’s attempt in 1993 thus faces harsh effects. An attempt, in this case, aims at reducing the unemployment rates, lower wages, and reduced economic growth. Clinton’s attempt in the identified case came across a blow-up by the bonds markets. It is similarly observed that socio-economic policies are responsive to both democracy and human rights. A case of India, for instance, indicates a case where such harsh verges result in deteriorated growth in countering imperialism. The governments are, however, making attempts to decentralize financial markets through both publicization and privatization. The governments also make interventions in cases where monopolies on essential consumer commodities are at the hands of private citizens.
Fox News on Growth hormone by Monsanto
The attempts by both Wilson and Ankre to reveal the misrepresented broadcasting by Fox news was not taken easily by both the Company and the wealthy society. Although, there existed claims of health effects of recombinant bovine growth hormone by Monsanto the attempts by the journalist writing on the findings of their research were dismissed. Upon subjection of extensive pressure by the journalists, they were forcefully dismissed.
It is unethical for a company to use its dominance in the market to provide harmful products to the consumers. Monsanto despite using Fox News to defend its defective products went ahead to acquire a license from the Food and Drugs Administration. It can be identified that Fox news was also under the influence of Monsanto to popularize their defective products. It is thus unethical from the side of Fox News to perpetuate the wrong details. Such media devices besides being widely accessed, trusted by a whole lot of consumers. As a result, the misleading information would accumulate sales for Monsanto without a health concern of the consumers. It is the responsibility of the news organizations to give a true picture of what is happening essentially in sensitive areas like the economy and health. Besides, they ought to fully ascertain claims of investigations and protect the researching journalists rather than victimize them.
Views of Philosophers
Aristotle would concur with the idea that democracies are the most conspicuous avenues of undermining economic freedom. The aspect is based on his mistrust for democracies which he argues that they are wealthy few ruling upon themselves. J.S Mill would, on the contrary, dismiss the role of democracies in perpetuating poverty. The stand would be based on his belief that limitation of power as well as reduced paces of growth would eventually lead to increased public goods. Kant would perhaps induce a moment of thought in his theory of morality. He argues that morality is based on our duties rather than the consequences of our actions. It is based on the beliefs that Kant would agree that democracies play a role in perpetuating poverty. The government is in this case meant to protect the rights of all citizens rather than selected few. John Rawls would similarly not endorse the accumulation of economic rights and powers upon some individuals. The decision would be based on his call for equal rights embracing the egalitarian economic system. Eventually, Noam Chomsky would not be surprised at the attempt of multinational corporations controlling the economies at all costs. Chomsky thinks that the multinational corporations exploit the poor to ensure they are at better decision making positions. Such a move diminishes the bridging of the economic gaps.