How to write up sample thesis for beginners - Iloka Benneth Chiemelie

THESIS

Should public sectors share the pains of the private sector? It is a terrific question with no obvious answer. I had to think about it for a good long time, but my answer is ‘Never’. The private sector should be allowed to suffer their pain alone because, it would encourage more responsibility, reduces the risk of déjà-vu, and it would make the pain fast, sharp and tangible.

PROS 1

Allowing public sectors to suffer their pains alone would lead to proper management and making the executives more responsible.  Let’s consider Fannie and Freddie few years back. The government refused to bail them out and they had to merge with other organizations for survival. This will make companies more responsible and enhance coordinated management especially in capitalist society like US. If the public sector where to share the pains of the private, it would make the private fully dependent on the public for help during tough times. Thereby, creating an irresponsible and uncoordinated management system and the effect could be disastrous like national debt, recession and inflation. (Sacramento Bee, May 7, p.A24)

PROS 2

Another reason why the government should not bailout private companies is because it would reduce the risk of déjà-vu. The problem of recession and inflation did not start today. It has long been here with u since 1717, with repeatable occurrence period of 20 years or more per every recession. It happened in both CARTER and BUSH administration and the solution was to allow the companies to fail. If private companies are to be bailed out y the public sector, it could lead to dependence of private on public sectors during economic downturns. (Sacramento Bee, May 7, p.A24)

PRO 3

Finally, private sectors should be allowed to suffer there pains alone because it would make the pains fast, sharp and tangible. If the public sector is to bailout the private sectors, it would incur more pain in the shape of national debt from the international monetary fund (IMF), and this debt would take long time to pay. But if the private where to incur their pains alone, it would make the pain fast, sharp and tangible, in the sense that, private companies can sell some of their assets to solve their problems, or merge with each other. (Yahoo answers, 2009)

CONS

Many people would argue that the public sector should help out the private sector, most of the private companies like AIG are ‘too big to fail”, and they are too integrated into the lest of the economy, that allowing them to fell could be catastrophic in terms of job insecurity and high rise in um-employment rate. (Kotler, 2009)

REFUTATION

 It is unfair to tax payers, since they would be the people responsible for the bailout money, while the executives that made the messes get to escape with their golden parachutes! AIG and other big companies, are required to do same as would be required of any American (capitalist) – to sell off enough assets to cover their obligations and in so doing, become smaller company they really are without all the leveraged illusions, hidden risks, over-valuation and other means by which they have pretended to be much larger and solvent. There is nothing like “big to fail” companies. Companies that are “big to fail” should be split into free market organizations to maintain a sustainable job security. Public sectors should ‘Never’ share the pains of the private companies because; “liquidity problem” is just another way of saying “gimme more”.

(Professor Uwe Reinhardt, Sacramento, 2009)