Just a thought... about the economy
by, 05-16-2009 at 07:34 PM (1235 Views)
05-16-09 07:20 PM
Just a thought: about the economy
I am usually hugely in favor of little government intervention and a free market but there are some predator companies out there and trusts and hedge-funds that seek to destroy or monopolize everything and I think they are a danger to the free market- I also think that bosses that care little for their staff are a danger to the free market and the welfare of the people in general.
So here is the problem- who is to deal with them ? It is impossible for a citizen to tackle them and the only one who could emerge the victor out of a head-on collision with one is the government.
So could the irony sometimes be that the government will have to step in to protect the free market while a predator company operating in it forms a (lethal) threat to it ? I am thinking about hedge-funds, trusts, lobbyists and like-minded scum that should (in my personal opinion) be swinging from the nearest tree.
A good cause of action against such companies could even be a blunt nationalization, a forceful split-up and a release to new (sound) private investors and owners in the free market as a normal company (or in case of a hedge fund a normal bank).
Another problem could be labor issues- the problem is that some companies in a real free market could keep their wages down to the point that they start exploiting their laborers which of course is cheating when it comes to playing the game of the free market and paramount to enforcing slavery (we have seen it during the 19th century when workers were kept up the point of starvation and even forced to buy products at inflated rates at the shops which were also owned by their bosses).
Perhaps a good role for the government would be here to enforce collective bargaining and after that stay out as much as possible. Slightly higher wages (and of course a sound inflation control) could fuel the economy and drive up the standard of living and it could even help to aid people in creating their own businesses.
So what are your thoughts on it ?