"The desire of corporations to maximize profits creates conflict with the general welfare of the nation at large. "
Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations or reading.
A corporation in order to maximise its profits tends to exploit any and every possible means of financial upliftment. According to the argument above, this mentality is at odds with the betterment of the general mass of the nation. This will be possible only if there was unilateral transfer of endowments from the general masses to the corporations and no feedback from the corporations to the masses, or if the transfer to the corporations exceeds transfer from it. Thereby, for the argument to be true many implicit assumptions have to adressed before it can be validated. Consider the following instances.
To maximise its profits, in very crude sense, a corporation will have to either increase the price of its commodity or increase its quantity. Let us look at quantity first, if it is to be increased then we need to first know what kind of commodity the corporation provides, say luxury products or normal goods and servies. According to an article published in Journal of Industrial and Organisational Economics, human resource increases if a luxury product providing company expands since to cater to their target consumer attention to detail and creativity is required which can only be accquired from humans. In case the commodity is normal then depending on the sector it can be either capital intensive or labour intensive. If it is labour intensive then employment will rise on the other hand, if not then it will be capital intensive and they will require financial support to increase profit. One of the means to this end is loan. Now, loans are the imperative gears in the national economic machine, they boost bigger forces of markets in the economy which incite a cycle of saving and investment. This leads to increased employment. Notice the common pattern, which is no matter what the route the corporation takes to increase its quantity, such that profit increase, it will boost employment. This boostsgeneral welfare of the nation at large.
Now consider that the price optimation route to increasing profits. If the price is too high then the corporation would sell anyting due to competition from other companies. Moreober, the range in which these prices can vary is controlled and kept in check by the market forces on work, so the consumer is not exploited generally. Thereby, even if the prices increase they only add to the gross national income.
Thereby, considering that maximising corporations' profits and increasing general welfare of the nation go hand in hand, the two are not only not at conflict but also depending on the state of economy maximising corporations' profits is even required for improving general welfare. o in conclusion, it is my belief that the desire of corporations to maximize profits creates is not in conflict with the general welfare of the nation at large.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-09-30 | Me Hahaha | 66 | view |
| 2019-09-08 | rikithreddy03 | 16 | view |
| 2019-06-11 | badri narayan | 16 | view |
| 2019-03-18 | Rakshick Shrinivas | 50 | view |
| 2019-03-04 | Azmin Islam | 58 | view |
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Grammar and spelling errors:
Line 9, column 69, Rule ID: SENTENCE_FRAGMENT[1]
Message: “If” at the beginning of a sentence requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
...optimation route to increasing profits. If the price is too high then the corporat...
^^
Line 13, column 176, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... only not at conflict but also depending on the state of economy maximising corpo...
^^
Line 13, column 282, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: O
...required for improving general welfare. o in conclusion, it is my belief that the...
^
Transition Words or Phrases used:
also, but, first, if, look, so, then, in conclusion, kind of, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 23.0 19.5258426966 118% => OK
Auxiliary verbs: 12.0 12.4196629213 97% => OK
Conjunction : 14.0 14.8657303371 94% => OK
Relative clauses : 8.0 11.3162921348 71% => More relative clauses wanted.
Pronoun: 30.0 33.0505617978 91% => OK
Preposition: 71.0 58.6224719101 121% => OK
Nominalization: 16.0 12.9106741573 124% => OK
Performance on vocabulary words:
No of characters: 2368.0 2235.4752809 106% => OK
No of words: 468.0 442.535393258 106% => OK
Chars per words: 5.05982905983 5.05705443957 100% => OK
Fourth root words length: 4.65116196802 4.55969084622 102% => OK
Word Length SD: 2.84341581808 2.79657885939 102% => OK
Unique words: 222.0 215.323595506 103% => OK
Unique words percentage: 0.474358974359 0.4932671777 96% => OK
syllable_count: 760.5 704.065955056 108% => OK
avg_syllables_per_word: 1.6 1.59117977528 101% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 6.24550561798 112% => OK
Article: 4.0 4.99550561798 80% => OK
Subordination: 5.0 3.10617977528 161% => OK
Conjunction: 1.0 1.77640449438 56% => OK
Preposition: 6.0 4.38483146067 137% => OK
Performance on sentences:
How many sentences: 21.0 20.2370786517 104% => OK
Sentence length: 22.0 23.0359550562 96% => OK
Sentence length SD: 71.6877520002 60.3974514979 119% => OK
Chars per sentence: 112.761904762 118.986275619 95% => OK
Words per sentence: 22.2857142857 23.4991977007 95% => OK
Discourse Markers: 3.7619047619 5.21951772744 72% => OK
Paragraphs: 4.0 4.97078651685 80% => OK
Language errors: 3.0 7.80617977528 38% => OK
Sentences with positive sentiment : 13.0 10.2758426966 127% => OK
Sentences with negative sentiment : 3.0 5.13820224719 58% => More negative sentences wanted.
Sentences with neutral sentiment: 5.0 4.83258426966 103% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.189105931522 0.243740707755 78% => OK
Sentence topic coherence: 0.0636797803662 0.0831039109588 77% => OK
Sentence topic coherence SD: 0.101449304785 0.0758088955206 134% => OK
Paragraph topic coherence: 0.140090838433 0.150359130593 93% => OK
Paragraph topic coherence SD: 0.11680137416 0.0667264976115 175% => OK
Essay readability:
automated_readability_index: 13.5 14.1392134831 95% => OK
flesch_reading_ease: 49.15 48.8420337079 101% => OK
smog_index: 8.8 7.92365168539 111% => OK
flesch_kincaid_grade: 11.9 12.1743820225 98% => OK
coleman_liau_index: 12.36 12.1639044944 102% => OK
dale_chall_readability_score: 8.51 8.38706741573 101% => OK
difficult_words: 112.0 100.480337079 111% => OK
linsear_write_formula: 11.5 11.8971910112 97% => OK
gunning_fog: 10.8 11.2143820225 96% => OK
text_standard: 12.0 11.7820224719 102% => OK
What are above readability scores?
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Better to have 5/6 paragraphs with 3/4 arguments. And try always support/against one side but compare two sides, like this:
para 1: introduction
para 2: reason 1. address both of the views presented for reason 1
para 3: reason 2. address both of the views presented for reason 2
para 4: reason 3. address both of the views presented for reason 3
para 5: reason 4. address both of the views presented for reason 4 (optional)
para 6: conclusion.
Rates: 66.67 out of 100
Scores by essay e-grader: 4.0 Out of 6
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.