Well, your hero Obama is doing that right now. Why do you think he is folding all of the commercial and trade agencies into one entity that he can control?
Ethical capitalism depends on individual morality. There will always be hard choices, which is fine, and everybody realizes that. But one of the reasons for the rise of unions is that workers actually were very badly treated after industrialization (and even before, but they didn’t have the technological ability to group together at that point) by unethical people. So if you want to argue for lack of ethics and human morality, go ahead...but remember that you’re destroying the capitalist system, which is based on contracts and trust, when you do that.
Few people realize that the essence of capitalism is the contract, honesty and trust. If you undermine that, you undermine the whole system. And that was essentially what was being done by Romney with his rapacious deals and reliance on taxpayer support to make up the difference so that the employees would not come out after him with pitchforks after they had lost their pensions.
Have you ever read any of the pieces written by George Soros.
Soros is, of course, dedicated to replacing capitalism by socialism. His rationale is predicated on his own experience -- he made billions in the capitalist system because he is 100% amoral.
Soros blames the capitalist system for his wealth and, knowing no better, assumes that all other capitalists are similarly amoral. Therefore, the capitalist system must be replaced by the socialist system -- to keep people like him from doing what he has done.
Soros has no concept of right or wrong, no conscience whatsoever. And he blames capitalism for what he has wrought!
You got that right.
Amen! Well said!
Please.
Surely you understand the difference between a corporation in a private sector engaging in these completely normal and necessary economic activities and those same activities being conducted by the GOVERNMENT.
The fact that Obama did these exact same things when the government took over, say, General Motors, simply proves that:
(1) Even he is not stupid enough to think that corporations actually exist to NOT make a profit.
(2) That the type of economic activity engaged in by Bain is absolutely necessary to keep, or try to keep, companies afloat, and
(3) That Obama is a SOCIALIST or worse. He is more than willing to use GOVERNMENT to take over the NECESSARY economic activities of the private sector.
Right! And not just workers -- in the 19th century, what we call the unemployed were referred to as "surplus" or "supernumerary" population, which doesn't seem too far a philosophical remove from "useless eaters"!