International Finance and Monetary System Free Essay Example, 1750 words

At the beginning of the chapter, Morris speaks about the government regulation in California and how it prevented the deterioration of the beauty of the ocean views from Route1. As he travels along, he sees no businesses that would foul his view and realizes that this is the result of the solid governmental intervention. The California government accomplished their goals by seeking to do what was right, over what was profitable in the short term. They preserved what was not necessary to deteriorate in order to provide long term benefit for the people of California. This potent example of how what is right is a stronger argument than what creates a short term profit is a solid reason for accepting the need of strong government oversight that has its eye on long term consequences. Short term answers that will have consequences that reach beyond the scope of the immediate present will not have lasting results, and will inevitably end poorly - just as we have seen in the last year or mo re. The argument is valid when it is put under a two-prong mandate. We will write a custom essay sample on International Finance and Monetary System or any topic specifically for you Only $17.96 $11.86/page Under this definition, the government is mandated to watch the actions of corporations and ensure that they are in the best interest of people that they affect. The need for consistency in the way in which corporations are managed, with an eye on overall positive growth that concerns ethical issues, combined with financial considerations, is part of the government that must be maintained over a corporation and its policies.