Author Question: According to investment firms, how can workers' pension funds be used to empower them? What will ... (Read 70 times)

audie · **on:** Jul 2, 2018

According to investment firms, how can workers' pension funds be used to empower them?

What will be an ideal response?

Question 2

Why do supporters of the laissez-faire approach oppose big governments?

What will be an ideal response?

mcarey591 · **Reply #1 on:** Jul 2, 2018

Answer to Question 1

Workers can be empowered by investing their pension funds. This approach takes advantage of the fact that workers have available a substantial amount of capital, mostly in the form of the billions of dollars in their pension funds. Much of this money is invested in purchasing the stocks of corporations, which means that the workers who own these pension funds are part owners of those corporations. Investment firms now use this worker's capital as a lever to insist that corporations support worker and family-friendly policies.

Answer to Question 2

According to laissez-faire advocates, big government is inherently detrimental to society because it funnels resources away from the private sector where they could be put to better use. Because the government is not constrained by competition and demands to make a profit, it can afford to be highly wasteful.