Originally posted by The Old American
What has government regulation done so far? Mastahunta's video of fiery water shows me that regulation has done both jack AND crap to protect
consumers. Since free market, or laissez faire, capitalism has never really been practiced in the U.S., why don't we give it a try?
But you bring up a good point: OWS is acting like a consumer, whereas our corporate government is the business. OWS is showing their displeasure with
the current business model, and the model is changing in response (miniscule changes, but still...). In a very twisted way, this whole issue is acting
just like free market capitalism should work if left to its own devices.
My head hurts.
How can regulation work when you remove it? Or place officials who do not believe in regulation
in charge of regulating? Laissez Faire was practiced in France, which directly preceded a revolution
and tons of violence... Somalia, like it or not DOES currently practice Laissez Faire governing,
the government is so weak in fact, that it does not have total authority over the capital city,
that is a fact. Look what you have there Old American, the rich and violent make all the rules
and have become the law itself. How about ,Trinidad Jamaica, another example of a place
where the power of capital dictates conduct and life in a very pure manner. Or how about
portions of Sao Paulo and Rio? The entire outskirts of Mexico city... All of these places do not have
the luxury of government, they are filthy, the infant mortality rates are throughout the
roof and EXTREME violence is a part of life.
Now, I think institutional the institutional corruption which has been exacted by American corporations
is more than enough to realize that leaving them completely unrestricted will see American freedom dead
in less than 50 years. For example: if a major corporation wrongs you, lets say you become
paralyzed due to necrosis of you nervous system, by the pollution they have introduced
into the watery table... Do you have millions of dollars to litigate such a case?
How about a 500 million dollar nuclear power company, blows the $#@$@ up in a neighboring state
and make your entire community sterile, ruins the water, soil and give over half of you cancer.
Lets say, these same effects are blown across several states?
You realize that many, but certainly not all regulations are born of real world events and situations?
The business model is not changing in any measurable way, you are confusing Micro economic
entities with the prospect of unleashing Oligopoly and thinking free market principle will
regulate them. Oligopoly, Oil, Elite Banking and major Insurance are never in any real
competition, ever. Demand for Oil, Banking and Insurance do not fluctuate much and
therefore market share is fairly stable all the time. Now, deregulating small scale industry
will work because it does not cost 50 Billion dollars to play with the big boys and there
is variety in which to compete with.
Finally, the truth I think you are really ignoring is that, Companies and the elite will
continue to lobby and infiltrate the government and who do they lobby to create
Pro Business politicians who preach Laissez Faire rhetoric, who do you think penned and sponsored
the derivative market which was previously illegal prior to 1999?
Pro Business politicians who preach Laissez Faire rhetoric and the bank and insurance concerns.
What makes you think that enabling and magnifying the concerns that currently control the government
wil creatie better results?
edit on 23-11-2011 by mastahunta because: (no reason given)