Why then do you have so much faith in corporations? Don't people run those as well? And we see where it's gotten us when we allow them to just do whatever they want. I would put faith in the government over unregulated business any day.
Why? Two things in particular give me my faith in business: experience with the government and experience of socialism. I've seen what socialism does to peoples, in Europe and to a small extent, in Africa. Give me capitalism any time; at least most of the people behave like adults. And of course there's all the news all the time about the failings of this or that socialistic nanny-government program here at home.
Your assumption that business
must do evil just from being business is not borne out in my experience, and it is also an indication that you have no business experience whatsoever. I've a larger body of data to work with than you do.
I am pleased you're finding your way to an agreement that "people ruin everything" indeed. Though I don't think you quite grasp everything I'm saying there yet. Good job so far, though. Chew on it some more and see what juice trickles.
I'm not particularly after unregulated business, but it is very easy to so overregulate business as to make it uncompetitive, and at that juncture business shrivels -- and then you have North Korean standards of living. Unless you can repair the damage wrought by too much administrative overhead, which is what overregulation is. The more thoroughly you avoid overregulation, the lower the cost of doing business and thereby generating real wealth, and all the more of it as well.
The government is and always shall be part of the administrative overhead, and its function in the economy is emphatically not to provide either goods or services, but to provide sufficient stability for goods and services to be provided by those making it their business to do so. If you want to call that a service, that's fair enough. Government functions are there to handle tasks a society deems needful, but which no one has ever found a way to be profitable doing. Largely, these functions have a coercive element somewhere in them, and at bottom, that's never a moneymaker -- and morally, it should not be, to avoid setting society's enforcers and guardians at the throats of the economic producers. That's the fundamental moral rationale for taxation, and has been since at least the Bronze Age. In prehistory, it's likely, but unproven. It's hard to reconstruct a tax structure if nobody invented writing to keep track.
But government lacks, because of taxation, the bottom-line mechanism of profit for keeping score on how well it uses its revenue in performing its tasks. If a business does this badly, it goes bankrupt and fails. Governments simply charge more and continue -- without permitting the option of not paying the increased charges. Governments fail by being overthrown, not by going out of business. Survivors of the resulting transition period get the chance to reset -- but the cost is often very great, in lost economic activity and/or destruction both material and human.
Here's my simile: the economy is like the body of an eland or a bighorn sheep, while the government is like their horns: the horns are useful in defense and even propagation of the organism, but they levy a cost upon the organism to create them. Nonetheless, the organism lives better for having grown the horns.
Since when did I ever say everyone should earn the same amount?
You believe this implicitly, if not quite completely. If you did not, your posts would sound more like mine. A person's philosophy, her idea of "the way things ought to be" causes certain ideas to be expressed and held, and others to be rejected. It is clear from your posts and your arguments what ideas and ideals you hold to, just as it is clear from mine what ideas and ideals I hold to. As you noted earlier and elsewhere, there's a pretty wide difference.
Of course there will always be inequalities in wealth distribution, the problem I have is the SIZE of the inequality.
Good God. Why? Should the peaks of talent and luck and pluck
not be rewarded fully? Should not the nadirs of these also receive their merited recompenses? This "leveller" attitude is Socialism's least fair idea, and it's a real stinker through pretending to be its most fair. "Equality of Result" whether you do well or ill is unnatural -- and it cannot help but forbid doing well.
That is not merely bad; it is profoundly insane. Only the mad forbid doing well. (There are people here who insist I'm nuts.)
It never ceases to amaze me how people can argue against a fair and living wage for the masses of people, while at the same time arguing why it is fair for top executives to earn obscene amounts of money, many of which really don't deserve it.
Try being an executive with the luck and the smarts to steer a moneymaking endeavor on a path that actually makes money, generates wealth. It's also called "being the boss." (You don't seem to be thinking of yourself in that way. But to understand this it is important that you do.) Being rich frankly isn't disgusting, nor is being rewarded as your due: this is what bonuses are truly for -- if you make greater profits for your company, you take home a personal share of this increase. This is the most direct and powerful indication that you are personally doing something right. Bonus checks of six or seven figures are merely a sign that this is happening on a large scale -- and often with a correspondingly large risk. Get it wrong and one way or another, you're out of work. High risk, high reward; nothing unfair or obscene in that, is there? The people who can actually do this sort of thing successfully are notably thin on the ground, but may be grown and developed in their fields. The people who want it done reliably -- well, guess what kind of demand there is for this sort of thing. There's a lot of perfectly good coal around, but how about those diamonds?
To claim that somebody doesn't want a "fair and living wage" for anyone is the language of class-war and resentment, and I am suspicious of it. It is mainly employed by capital-S Socialists and others who are failures at capitalism and business, resent being failures, and are sure that if only the world's rules could be changed, they'd come out on top where they believe they deserve to be. So they wank around with rule-sets that fly in the face of true human nature, like communism, fascism, and socialism, singly and in combination. Somehow, these sickly people -- you can see their sick souls peering out of their eyes sometimes -- figure that the world will get all better if they repeat the actions of the revolutionary soviets and the aggrandized State of the fascists.
The twentieth century proved these bozos are all wet. Proved it, and paid for it, in blood as well as money. Blood spilled -- hundreds of millions of lives gone, snuffed -- and money, well, burnt.
The young people should take the lesson from this history. Don't allow large government. Don't fund it, don't give it a base in law or custom.
While we're on this subject, you really should check out Bill Moyers most recent episode on PBS.
Ah yes, PBS. An entity that does not turn a profit and is subsidized by tax dollars, including the tax-dollar mechanism of tax-deductible donation. Its economic situation colors more than its production values; it colors its worldview also. Economics has a force to it like gravity. Practically nothing escapes it in the end.
It's government-operated TV. There is a certain stultification of the entire product because of this, a savor that is very distinctive when you compare it to television companies that
aren't a government enterprise. Government-controlled communications and media have a distinctive officially-vetted style to them, and it's something that makes you wonder just what you'd be reading if it weren't officially passed as acceptable. Compare also the average BBC program to the average American one -- not the peak achievements of either, but the run-of-the-mill. You find yourself with an impression of ploddingness from the Beeb. Official officiousness is a living death for entertainment. Remember network Standards and Practices on our side of the pond? That PC-think absolutely ruined Saturday morning and children's drama until the Standards and Practices jobs were eliminated.
He interviews an insider from the health insurance industry. Honestly, if you are [sic] pissed off after watching that, something is seriously wrong with you.
http://www.pbs.org/moyers/journal/index-flash.html
Full disclosure: my health benefits are Federal, which leaves me beyond the reach of the industry, so I am a bit remote from the worst such things could do to affect me. But that doesn't mean I am wholly off the grid or own my own island.