Student signature - Alex Callaghan Date - 24/04/2014 Critically evaluate Locke's theory of limited government The end of law is not to abolish or restrain, but to preserve and enlarge freedom. For in all the states of created beings, capable of laws, where there is no law there is no freedom. John Locke Although John Locke is not the progenitor of social contract theory and is not by any means the last philosopher to wrestle with this concept, his views on fiduciary power, majority consent and limited government have been instrumental in western political thought from the time of the publication of his Two treatises of government to the present day. Locke's writings refute the notions both of the divine right of kings and absolute government by arguing that peoples' destiny should be determined by majority will. In Locke's view this can only be achieved by what he defines as limited
The NBRB is the main regulator of banking activity. It issues licenses to all banking institutions in Belarus. Such a license allows a bank to perform banking operations, including attracting the financial resources of individuals and/or legal entities for bank accounts (deposits), opening and maintaining bank accounts for individuals and/or legal entities, settling and/or cash servicing of individuals and/or legal entities, currency exchange operations, issuing bank guarantees, the fiduciary management of financial resources and factoring. There are special requirements for certain types of banking operations. The Belarus' banking system is extremely concentrated. Although, there are 31 banks, more than half of total assets in the Belarusian banking system are concentrated in the two largest banks - Belarusbank and Belagromprombank. For example, as of December 31st, 2012, total assets in the Belarusian banking system amounted to USD 37 billion. Total assets of
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