Article: A Big Government Bailout
Author: Howard Zinn
Published: The Nation (Oct 27, 2008)

In my essay I came to the conclusion that government intervention is necessary in the free market system to assist development. This article gives a specific example of the US government "agreeing to spend $700 billion dollars of taxpayer money to bail out huge financial institutions" (4). Zinn says that the "historical truth [is] we have never had a free market [as] we have always had government intervention in the economy " (4). This is true since as long as government is intervening in the market, then we are deviating from the capitalist system.
However, I find it very necessary for government intervention in the economic system. Had it not been for these government interventions, farmers would have been out of business a long time ago and the number of workers losing jobs in the automotive and labor industries would have been far more than what it is currently. We must understand that these systems assume a perfect world - a fair world with no discrimination. This is however not the case with varying social and economic classes and ethnic diversity.