[discostu]

It also means they're not in charge of their business decisions. The government tells them what to make, how to make it, how many to make and what to charge, and if nobody wants what you make that's just too bad. There's no room for innovation, there's no room for horizontal market expansion, there's no room for verticle market expansion, there's no room to be a business.

Which would you rather be CEO of: IBM or Amtrak? That's the difference between capitalism and command economy.

[Toddsterpatriot]

Which would you rather be CEO of: IBM or Amtrak? That's the difference between capitalism and command economy.

Bingo!! I think Willie Green is CEO of Amtrak, what do you think?

[Sam the Sham]

Are you under the impression that businessmen are all the Hank Reardens and Dagney Taggarts of libertarian fantasy ? Are you under the impression that there aren't tons of businessmen who wouldn't be perfectly happy to trade "innovation" and "expansion" for a guaranteed easy life for themselves and their children ? That is why the normal progression of an industry is to cartels in which the entry costs have become so high that there are a small number of big players at the top who have a live and let live understanding amongst themselves.