Current Events — HabitableZone

Current Events » in reply to Issues of Economic Fairness/Efficiency

You Miss The Point

The up and comers are exactly why I believe in the basic system. Most companies you read about in lists of top stock performers and most admired corporations work more like my ideal than normal companies. What I'm saying is that our economy would be even more powerful if all companies worked the way capitalism is supposed to. The problem is once they get big and powerful they tend to use their position rather than innovation to stay in the lead. It's a long term looser strategy, but it works well to pad the pockets of corporate executives.

Moderation in all things. Capitalism is great, but human nature and success lead to stagnation when the capitalistic driving force of individual self interest is allowed to run without limits. Strong government control even far weaker than communism or western European socialism is inefficient, but so is a totally unbridled self interest and lasse-fair governmental attitude.

Regards,
Mark

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