RE: CEOs work harder every hour than their wage slaves do every season.
January 27, 2014 at 7:36 am
(This post was last modified: January 27, 2014 at 7:37 am by Tonus.)
(January 27, 2014 at 1:42 am)Lemonvariable72 Wrote: Listen the only force that keeps a corporation in check is another corporation.Unless they buy out that other corporation.
US history shows that if allowed to operate with little or no interference, owners of large businesses will treat workers very badly and live lives of such excess that would make today's billionaires weep from jealousy. I don't think our problem is that government seeks to regulate business. I think it's that government officials are too easily influenced by corporate money. It's our "regulated" market that has allowed companies to become so large that when they run into financial trouble the government offers them massive bailouts because they are "too big to fail."
I think we need to stop sending so many tax dollars to Washington and make clear that any company that is "too big to fail" is too big to be allowed to exist. The relationship between government and business should be almost adversarial. Regulations should be used to keep business from harming the country and from harming other businesses, instead of being used to raise barriers to smaller companies and thus protecting larger companies, which then encourages companies to become larger and larger and wealthier and wealthier at the top. If you have entities that are "too big to fail" you have made yourself a hostage to them. I don't know what you call that, but it's not a form of government that protects anything.
"Well, evolution is a theory. It is also a fact. And facts and theories are different things, not rungs in a hierarchy of increasing certainty. Facts are the world's data. Theories are structures of ideas that explain and interpret facts. Facts don't go away when scientists debate rival theories to explain them. Einstein's theory of gravitation replaced Newton's in this century, but apples didn't suspend themselves in midair, pending the outcome. And humans evolved from ape- like ancestors whether they did so by Darwin's proposed mechanism or by some other yet to be discovered."
-Stephen Jay Gould
-Stephen Jay Gould