Capitalist
Jeffersonian Liberal
- May 22, 2010
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- #21
We should worry more about private property rights, than trying to encourage big government from interfering even more in the operation of companies. I know what it is if you let ownership of a business remain in private hands but gov. makes the decisions, do you. Business requires freedom from politicians, not favors. Business/producers are free to act on their judgment, they generate the kind of wealth that has lifted us out of poverty. To the extent they are forced to take orders from bureaucrats, the result is stagnation.===================If by "addressed" you mean more central planning, I would disagree.It is something that needs to be addressed.
Could you be more specific?
I'm not pointing at the dreaded "socialism", but there must be an approach that would reverse this trend. Currently we are heading towards plutocracy and as I pointed out, this would eventually destroy the US economy.
The problem that has risen is that many companies have stopped the ole "a fair days pay for a fair day's work" standard and have directed those monies towards exec pay and larger dividends. Thus flat wages, even in enviroments when there is high worker productivity and good profits. This has been evident since the 2001 recession.
How does this trend get reversed?
I vote for laissez-faire capitalism and freedom.