Sales: Sales: Support: Support:
Academic writing services  
Custom written essay Book report Research paper Dissertation Resume and CV Editing and proofreading  
main menu
By ordering custom paper you get
  • 24/7 Support
  • Over 100 professional US Writers
  • 300 words per page
  • Flexible discount system
  • FREE revision (within 2 days)
  • Anti-Plagiarism Software Check
we accept
sample essays
Accounting Essays
Admission Essays
Analysis Essays
Art Essays
Biography Essays
Biology Essays
Book Review Essays
Business Essays
Case Studies Essays
Cause and Effect Essays
Character Analysis Essays
Communication Essays
Communication and Media Essays
Compute Technologies Essays
Consideration Essays
Controversial Essays
Description Essays
Economics Essays
Education Essays
Evaluation Essays
Explanation Essays
History Essays
Job Essays
Law Essays
Management Essays
Medicine Essays
Music Essays
Personal Essays
Personal Experience Essays
Persuasive Essays
Persuasive Speech Essays
Philosophy Essays
Political science Essays
Politics Essays
Proposal Essays
Psychology Essays
Reflective Essays
Religion Essays
Research Essays
Response Essays
School Essays
Science Essays
Sociology Essays
Technology Essays
World Literature Essays
The Debate of Social Security Privatization essay
← CSI Effect in the USA and Crime FightersBereavement in Children →

The Debate of Social Security Privatization. Custom The Debate of Social Security Privatization Essay Writing Service || The Debate of Social Security Privatization Essay samples, help

There is a divergent opinion among the leading scholars of both the globe and the United States of America whether the process of Social Security privatization is being dictated by moral grounds rather than by economic ones (Gillon, 2008). The main argument is that the privatization is not justified when the economic benefits are visible and tangible while the moral aspect still remains a precarious issue (Baker, Weisbrot, 1999). Generally, various arguments are raised by both the supporters and the opponents of this prospective policy of the United States of America. This essay focuses on the potential negative and positive aspects of the economic situation in the United States if this initiative someday comes into a law.

The main argument of the adherents of the privatization theory is that if Social Security system is privatized, the requirements of the moral criterion are better satisfied automatically (Koitz, 2001). This theory is opposed to the currently employed mechanism of pay-as-you-go payment procedure. Naturally, if this system is privatized, the citizens of the United States of America are almost automatically granted with broader opportunities to manage their lifestyles, greater extent of security is provided and most importantly the financial future becomes a subject of one’s own discretion (Gillon, 2008). Another positive element is that the animosity and ever-growing misunderstandings between the generations may be removed. The policy of community, mutual rapport and understating will be promoted if the law legalizing the privatization of the social security is adopted in the forthcoming future. Besides, a very persuasive argument for the promotion of this policy is that the one will undoubtedly benefit in terms of classical liberal values and the potentially available option to manage one’s own affairs at one’s personal discretion.

However, the economic aspects of the prospective law are highly disputed in the community (Baker, Weisbrot, 1999). The primary concern is whether this privatization is indeed aimed at boosting the savings of American citizens and what is the value of the transformation of this system. The leading economists and social figures of the United States today vigorously advocate the argument that the transition to the privatization is completely unjustified from the purely financial point of view. The recent economic crisis dictates that each dollar shall be accounted with particular scrutiny and attention. Besides, the opponents of the Social Security privatization support the idea that the current system protects the savings of the United States citizens from inflation due to the fact that it is permanently indexed (Gillon, 2008). Moreover, they are strongly opined that if financial calamity like the Great Depression ever takes place, the loss of the individual savings will end in a fatal tragedy for the majority of the American families.                    

However, the dominating opinion among the scholars is that the necessity to legalize the privatization of social security is in its part majorly dictated by the constitutionally established moral pluralism. Whereas the majority of the citizens of the United States acknowledge the fact that personal freedoms and values are highly respected and appreciated, the values of the community in general such as fairness and security are undoubtedly of paramount importance for the entire community of the United States of America. When common values of the United States community are somehow, even hypothetically endangered, an average citizen of the United States of America rightfully assumes that his personal privileges and rights can be sacrificed. Therefore, the argument of the extra importance of personal freedom is heavily criticized by the opponents of the privatization despite the opinion that financial future of the individual must be determined by this individual himself is still dominating among the scholars and the general public(Koitz, 2001).

Overall, it is evident that both parties are heavily armed with substantial arguments. Now, it is the matter of the Congress of the United States of America to find out whose opinion is more substantiated.

The Debate of Social Security Privatization. Custom The Debate of Social Security Privatization Essay Writing Service || The Debate of Social Security Privatization Essay samples, help

Order Now
Order nowhesitating

Related essays

  1. Bereavement in Children
  2. Radical Feminism and Law Business
  3. CSI Effect in the USA and Crime Fighters
  4. Google in China

order now

Order now
why choose us
96% of satisfied returning customers
24/7 customer support
A wide range of services
Up-to-date sources
100% privacy guaranteed
MA/PhD writers
Custom written papers only
Free plagiarism report
Free revision (within 2 days)
Free extras by your request
Direct communication with a writer
Are your writers qualified for the custom writing?
How quick can my order be accomplished?
Is it legal to buy custom essays, term papers or book reports from your company?
Are essays offered by your company truly custom-written?
Is it safe to buy from
How secure is the payment system of your company?
Can I submit custom essays or term papers done by your company as my own?
How can I contact your company if I've got problems with my ordered paper?

Finally, I've found the real custom writing service . My grades are saying "Thank you, it's been a pleasure to work with you."

Jamal, South Africa

I can't believe you finished my essay under such a short deadline! You saved me from a disaster once again. You guys deliver exactly what you promise. I'll be back. That's for sure!

William H , Kansas, US

contact us
Toll free for US & Canada only. International callers are charged for outgoing calls.

Our phone numbers: provides custom term paper writing/rewriting services inclusive of research material for assistance purposes only. The term papers should be used with proper reference and are not meant to replace actual assignments.

Get 15% off your first custom essay order

Order now

from $12.99/PAGE