Saturday, May 23, 2020

Government Driven Economics And Its Effect On National...

Authoritarianism can coexist with liberal markets, and is in fact the best way to ensure the well being of the people of a country. In Iran, state driven economics have had a negative effect on our national economy, and a transition to a more market based economy is essential. This is evident from both culturalist and structuralist viewpoints. Culturalist theory assumes that the culture of a society holds the most power, and the society’s structure is critical. Ideology and ideas are most influential in persuading members to act. In Iran, we have a culture of deference to our leaders which mainly stems from the preeminence of Shia’ Islam. Shi’ism holds clerics in high esteem, as they are thought to be substitutes for the Twelfth Imam and are therefore capable of translating God’s word for his followers. Although this might appear to indicate that Iran is more culturally suited for a state led economy, the opposite is true. The leader of the Iranian Revolut ion, Ayatollah Khomeini, as well as the vast majority of clerics in Iran, espoused privatization and the importance of property rights. An adherence to their teachings, therefore, would require Iran to move away from state centered economics and embrace a liberal market. This would also support the ideals of the Islamic Revolution, which include equality, justice, and support for the oppressed. Liberal economics are the best way to ensure economic stability for all citizens of Iran, and so would fulfill this ideology.Show MoreRelatedTariff and Non-Tariff Barriers882 Words   |  4 PagesInternational Trade is the branch of economics concerned with the exchange of goods and services with foreign countries. In the context of globalization, International trade has become an even more important topic now that so many countries have begun to move from state-run to market-driven economies. Tariff and non-tariff barriers play a large part in this process. 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