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napsgear
genezapharmateuticals
domestic-supply
puritysourcelabs
Research Chemical SciencesUGFREAKeudomestic
napsgeargenezapharmateuticals domestic-supplypuritysourcelabsResearch Chemical SciencesUGFREAKeudomestic

The coming plutocracy

This has less to do with economics and more to do with Moore's Law.

The two are connected; Industries with the least government regulation and intervention decrease costs while those with the most government intervention increase in cost as technology advances.
 
One thing I've noticed from all the lectures from the Mises group is that everyone seems to be in love with the 19th Century.

And that's where laissez faire policy will lead us, back to a time when work conditions were appalling and the average family lived in squalor.

 
The two are connected; Industries with the least government regulation and intervention decrease costs while those with the most government intervention increase in cost as technology advances.

dude of course you're gonna decrease costs when there's no rules. Corporations are like children they will do absolutely whatever they can get away with, this is historically proven. Dump mercury into the great lakes? Hey why not big cost saver..dilution is the solution!! Do we really want to run a society like that? I hate to say this cause of what it says' about my species but the fact is private industry is overwhelmingly underregulated, only because they just can't do things right. Companies are constantly being caught breaking the few rules on them as it is, and that's just the tip of the iceberg on what they're doing. The govt simply can't referee every activity of every company in the country..it's impossible. ONly time these guys get caught really doing something is from a whistleblower.
 
dude of course you're gonna decrease costs when there's no rules. Corporations are like children they will do absolutely whatever they can get away with, this is historically proven. Dump mercury into the great lakes? Hey why not big cost saver..dilution is the solution!! Do we really want to run a society like that? I hate to say this cause of what it says' about my species but the fact is private industry is overwhelmingly underregulated, only because they just can't do things right. Companies are constantly being caught breaking the few rules on them as it is, and that's just the tip of the iceberg on what they're doing. The govt simply can't referee every activity of every company in the country..it's impossible. ONly time these guys get caught really doing something is from a whistleblower.

Oh but in an unregulated laissez-faire paradise the market will correct for that. :rolleyes:
 
One thing I've noticed from all the lectures from the Mises group is that everyone seems to be in love with the 19th Century.

And that's where laissez faire policy will lead us, back to a time when work conditions were appalling and the average family lived in squalor.


So Facebook,Apple,Microsoft,and Intel have been decreasing prosperity and quality of life in the United States? I wouldn't have a job but for unregulated capitalists like Steve Jobs and Bill Gates.

Government regulated industries have been losing jobs for decades.
 
So Facebook,Apple,Microsoft,and Intel have been decreasing prosperity and quality of life in the United States? I wouldn't have a job but for unregulated capitalists like Steve Jobs and Bill Gates.

Government regulated industries have been losing jobs for decades.

Why do you constantly ask questions when you NEVER acknowledge legitamate answers
 
How are they making your life better?

Oh BTW, glass-stegal is one example.
Bill Clinton signed the repeal of portions of Glass-Stegal. He is also responsible for the deaths of 1 million Iraqi's under his watch, 500k were children.

I have a job because of Bill and Steve.....I make software for a living.
 
I'm just asking how relatively free markets are making your life worse? You can't blame Wall Street, they're the most regulated industry in America.

Roads ruining my vehdicles, teachers being fired, cops being fired, firemen being fired, neighborhoods getting trashed with foreclosed homes, ect etc......


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