The Wealthy Banker's Wife
Synopsis & Book Critique of Linda McQuaig's "The Wealthy Banker's Wife".Synopsis of the author's main argument and rationale:Linda McQuaig in her piece focused on our welfare state performance and status, The Wealthy Banker's Wife, discusses the current status of our social transfer systems, their efficiency and the fear of their dissolution by various government actions.The argument is kicked off with the criticism of the usual comparison of our social economy with the US's and how irrelevant that should be. McQuaig describes her own personal experience witnessing American social failures, and illustrates data highlighting the level of inadequacy the US welfare system has reached.She describes how the US has turned away from an egalitarian approach to free market standards where social welfare and various social benefits are targeted strictly towards the poor. She argues this not only makes the actual systems weaker and weaker over time since the poor don't have much leverage defending themselves, but also weaken the total economical structure of the country as a whole over time.In response to allegations that a strong welfare state is a burden on the economy and weakens the general output, the author pro
When it comes to a nationwide policy maker, I believe the government elected by the people must pursue what is in the people's interest and keep away from misleading actions such as introducing increments to certain benefit programs to get them passed, but hiding in the formula that most people ignore the fact that its not fully indexed to inflation. Clearly someone of the higher classes with no interest in general growth except for his own would drift towards an pure competition on all levels of social interactions, from commerce to transfer systems. A universal daycare system and making gender equality a top priority are very related. The "Brain Drain" syndrome towards the US will reduce slowly but surely since a secure environment to fulfill your aspiration, especially when establishing a family will always be more appealing than the risk of a free competition in a place like the US. One thing we cannot ignore is the high suicide rate in Sweden and many believe its due to the fact that the welfare state is so efficient, they feel they have nothing to accomplish. There are five major points the author stresses as important aspects to preserve since Canadians do want their welfare state:· Child benefits. While agreeing with the general ideas of the author, I wonder whom the publication was addressed to. Reader's Critique:One can agree or disagree with the author's opinion, depending on their views of an ideal state, and more importantly their current social standing. In short, these programs should not be exclusively targeted at the poor. The only way, if she is right about their preference for a welfare state, for them to achieve that is through exercising their right to vote. If he's been fortunate in this lifetime, his offspring might encounter a wheel turnaround and they would wish an egalitarian system existed where they could have another chance at a better standard of living. The government elected should smartly do business with the US, set regulation that will encourage US money into Canada, but limit its social influence. Establishment of a Universal Daycare Program: The author believes that by establishing a universal daycare program, less children would grow up poor and therefore giving them an equal chance at a high standard of living.
Common topics in this essay:
Europe Scandinavian,
Child Welfare,
European Scandinavian,
Brain Drain,
Canada Institutions,
Reader's Critique,
Banker's Wife,
Cyprus Egypt,
America NAFTA,
Canada I've,
tax system,
gender equality,
author stresses,
welfare system,
quality human capital,
education medicare,
social transfer,
standard living,
slowly surely,
transfer systems,
child benefits,
universal public daycare,
social transfer systems,
welfare education medicare,
universal daycare program,
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Acceptance Essays
