I cannot recover a subject from "see attachment" — there is no implied topic.

Ethics

John Locke favored the idea of the social contract. Hence, he would not approve of the government taking a large ownership percentage of the GM Company. On the other hand, as part of the government's social contract with those over which it presides, it is under obligation to provide what help it could the GM. In turn, GM's plan to restore its own financial health should be sufficient reward for the government's efforts. In these terms, the agreement should entail a repayment to the government of the loan it granted, without any further obligations on the part of the company. Once the loan has been repaid, private ownership should return to the company.

Hence, Locke's philosophy would put it within the rights of the company to expect financial assistance from those who are in a financial position to provide such help. On the other hand, the right of the lender extends only as far as expecting repayment. Ownership belongs to the government only for the period of repayment or if the company forfeits payment. Ideally, therefore, the company should sign some form of contract with the government that stipulates these obligations and conditions. The ideal of the social contract means that there is a balance of power among all citizens, including the ruling entity. All transactions should therefore be mutually beneficial.

John Adams viewed equality as ideal in the sense of the right to participate in the marketplace. All individuals and collective entities, according to Smith, should have a right to buy and sell goods in the market. As such, he promoted the idea of a free market economy. This would benefit not only those who participate in the market but also customers who benefit from the goods on offer. Fair and free participation means competition, which means that customers can expect the best price and quality possible. This is seen as the right of every individual in the economic world. By taking ownership of GM, the government has therefore infringed upon the right of the citizens in its country.

Since he was a promoter of socialism, Carl Marx would have probably approved of the government's bailout plan for GM, as well as the fact that they took a large ownership percentage of the company. In Marx's view, equality extends in terms of distribution, where there is no private ownership, but where the government manages all goods for the supposed good of all citizens. Hence, equality extends not in terms of power, but in terms of material goods, which is managed by a centralized government. Hence, the bailout plan is ideal, with the government taking possession of the company and allowing its former owners to manage it in a way that is beneficial for its survival and the employees who depend on it for their survival.