When people need to eat, they will work. Where people will work, esp. qualified people, companies will do business. This is why we argue that the market will always find a way. The workers may have had some trouble, but ultimately would have been fine.Worgen said:well the auto industy was already in a precarious situation before the crash since not only is it competing with popular japanies autos but its also dealing with high health care costs since we are annoyingly capitalist in the health care industry, so really if the auto manufacturers did fail and have to go bankrupt its entierly possible that we would end up with almost all the manufacturing leaving the country and just a couple plants still here, altho the odds are anyones guess.
the problem with the contraining buisness agrument is that buisness has shown it will grown to become as bloated and heavy as it can, thats what aig did, thats why we have monopoly laws on the books and really currently we dont have a do poorly and get punished way of reacting to ceos, how do you define bad? say a ceo fires 45000 workers and plays with the books so that it looks like he helped increase earnings by so and so much that quarter so he pulls in a big bonus for this performance, is that bad? and if it is how do you punish them since chances are that did increase the stock price and the board tends to be in favor of that, really without govt interfearence you cant do much to punish them
Again, one of the places regulations are good is in keeping companies from lying. If a CEO breaks the law by "Cooking the Books" we'll give him 20 years and the accountants will have to fix his mess. Now, by "do poorly" I meant loose money, but in all cases the answer is simple. Fail at your job, get fired; fail as a company, go under; cheat people, go to jail. Businesses should be allowed to grow, so long as they "play fair", it's the natural order of things. A competitive capitalist system is best equated to natural selection. It has it's problems, but it is the best way of things. There are plenty of massive conglomerates who are great for the public and have never done any of those things, in fact that's true for most of them.
This actually is a large part of my problem with regulations. There are too many to keep track of and when they should be changed no one notices and the people who have the power to fix them are too busy to pay attention.Worgen said:the main problem with small regulations like that one is that originaly it probably served a purpose but that purpose has been lost and its made delibretly hard to get rid of regulations since all regulations are treated the same and you really dont want it to be easy to get rid of some of them.
oh and the govt already does kinda own schools, its called public schools and while most of it is paid for localy they still get federal money but you also havent said why it would be bad for thoes to be owned directly by the federal govt
The government absolutely owns schools, trains as well, that's why I gave those examples. There was actually a 20/20 hour special on this that I highly recommend, but I'll try and sum it up.
Schools stagnate because they can. Competition forces teachers to excel and schools to educate. In a state run program there is no one to compete with. It actually brings us back to the monopoly laws you brought up earlier. Schools need a reason to do better. And don't say the answer is money, because the best funded public school in the country is doing the worst. The school system is being killed by a government monopoly and a teachers union that cares far more about job security and salaries than kids or education, that is to say, their jobs.