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Old 10-20-2001, 09:06 AM   #2
Griff
still says videotape
 
Join Date: Feb 2001
Posts: 26,813
yep

I'd say you're on the mark there. Some folks would argue that government oversight is the only way to prevent concentrations of power in business. IMHO government interaction with business contributes to centralizing. Regulating organizations using private expertise create rules which barr entry by competitors into markets. Bailouts for everyone from airlines to farmers prop up inefficient businesses increasing consumer cost and decreasing the vitality of the marketplace, slowing innovation. This kind of market socialism is destructive of government and the market creating something akin to 30s fascism. This has implications in our elections and policies, you only have to watch the flow of money to see who is buying protection er... access (Loral, Sun Micro...). Take a quick look at the third way crowd and you catch a glimpse of some strange extranational fascism. Look at the Bush team and consider the foreign policy implications to the oil market. The worst part of this is that governments have armies and police powers with which to enforce choices better made by consumers. Do a search on Marine Corp General Smedley Butler if you want to see an insiders view of government acting as businesses' enforcer.
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