film Iraq for Sale (2006)

Student’s name
Professor’s name
Course number
Date
Iraq for Sale
Definition and how it took place
The film Iraq for Sale presents various concepts which include government failure and the neo-classical economics. Government failure is an action that the government takes towards rectifying something in the economy but results in more problems. Regarding the war in Iraq, the government failed in carrying out an audit of the companies that took responsibility for overseeing and servicing the army (“Burdine”). On the other hand, neo-classical economics is a move by an individual to satisfy himself by maximizing profits regarding his supply and demand rationality. The companies who took the war contracts used it as an opportunity to get more funds from the government by demanding more than what they needed (“Burdine”).
What surprised and outraged me
I did not know the above aspects of the war and the fact that the contracted companies used it as an opportunity to maximize on profits surprised me. The actions that the companies took such as destroying expensive war equipment to get more funds outraged me (“Burdine”).
My policy proposal
My policy proposal is that the government should take a step and ensure that there is a strict policy that regulates the awarding of high-profile contracts to private companies and also one that carries an audit of the operations of the company during operations.
What the government could have done differently and changes that I could implement
The government did not involve the members of the public during the decision which they should have done.

I could make a policy proposal that targets the stakes involved in the war and brings them to a court of law where they should be sentenced and made to pay for the wrongs that they committed. I would change the policy of using private companies carry out government operations and instead make it compulsory to use the governmental bodies that are responsible for such tasks.
Work Cited
Katy N. Burdine “Iraq For Sale the War Profiteers 2006 – Documentary Film Official” https://www.youtube.com/watch?v=pYa_3oh1-s4 Online video clip. YouTube. YouTube, Aug 26 2015. Web. 30 Sept 2018