Hi Boerseun,
Quote:
Originally Posted by Boerseun
How is it possible that manufacturers could be bailed out in the USA, that beacon of capitalism? If a company can't sustain itself based on sales, then market forces will inevitably remove that particular company from the equation, i.e. the company will disappear into the mist of history. Which makes me think - how many of these "bailouts" would have been necessary in any case, without the financial downturn? How many companies are now just jumping on the bailout bandwagon because they were crap to start with?
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Interesting point considering that 'saving' them interferes in the operation of the 'free market' in its purest form.
It almost seems that man made systems with uncontrolled expansion (i.e. non effective regulation) don't correct themselves when they go out of control and end up blowing up, even if they are interfered with manually (i.e. they still blow up only the damage is larger and more wider spread than would be expected 'naturally').
If the 'free market' system was put at risk by its own uncontrolledness then is it a viable system in either its uncontrolled or controlled states as both seem to blow up, naturally or with intervention, quite regularly?
Seriously, several things I'd really be interested in knowing is if the 'free market' is just another flawed human construct, is it really a 'natural' system because it shadows mainstream cosmological constructs, and accordingly, are mainstream cosmological constructs 'natural' systems or flawed human constructs based on the global financial system?
While Einstein may have pondered if 'god' gambled was he really a capitalist too?
I think not.
