You probably have friends or relatives in Minnesota who refer to the federal government as “Big Brother.” This phrase has become part of everyday vocabulary in U.S. society. It carries several negative connotations, however, including the idea that the government has abused its power and usurped the people’s rights. Many people believe, though, that government intervention can also be a good thing.
When the U.S. Government implements federal policies or laws regarding private lives and businesses, it can have a tremendous effect on the free market, as well as an individual’s ability to make choices and decisions in his or her private affairs. There has been a substantial amount of litigation in recent years regarding government intervention in private lives and businesses throughout the country.
Price ceilings, mandates and market regulation
If you’ve studied governmental processes in other countries, in particular those that ascribe to communism, you no doubt may have noticed stringent regulations that have an impact on private lives and business. For example, China has a one-child policy that directly prevents a married couple from choosing their own family size. In recent years, so-called government mandates have greatly affected American citizens’ and businesses abilities to act at their own discretion. An example of this would be the requirement to wear a face mask when entering a business.
On the flipside, there are certain market regulations that many people might consider good for society, such as restricting the ability to purchase and consume alcohol to those who are 21 and older. Age restrictions are one thing. However, people and business owners start to get nervous when the government begins to regulate other issues, such as pricing on products in the marketplace. The term “oligopoly” refers to a market shared and controlled by a small number of producers and distributors. Government intervention promotes oligopoly when it sets a price ceiling (maximum price allowed) on consumer products.
Most business owners welcome government intervention to prevent monopoly
Fair trade and competition are top priorities for most business owners in Minnesota and throughout the country. When the government enacts policies, such as price controls or market regulations, it helps prevent one company or entity from monopolizing the marketplace.
However, when government intervention strips the people’s constitutional rights or undermines a business’ ability to function freely in the marketplace, it can spark complex legal problems that are difficult to resolve. Protecting free speech, freedom of religion, statutory rights and due process of law are primary concerns for many citizens and business owners in Minnesota and beyond. If you’re trying to resolve such issues, it’s helpful to seek guidance and support from someone who is well-versed in the U.S. Constitution and business laws.