Flame — HabitableZone

Flame » in reply to This one is.

As a general rule, the private sector will tend to put money into things that will return real profit.
ER — (archived)

Profit and wealth are not necessarily the same thing. That is neither unexpected, nor even necessarily wrong, but it is is something apologists for the private sector always seem to ignore.

"An acquaintance from law school, now a partner in one of Washington's biggest and wealthiest law firms, explained to me one day over lunch how he and his partners use tax rules to create offsetting taxable gains and losses, and then allocate the gains to the firm's foreign partners who don't pay taxes in the United States. That way, they keep the losses here and shelter their income abroad. I noticed he had an American flag lapel pin. "You're supporting our troops," I said, referring to his pin. "Yup," he replied, entirely missing my point.

"True patriotism isn't cheap. It's about taking on a fair share of the burden of keeping America going."

Robert Reich--quoted in Alcaray's post above

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