Doesn't their existing infrastructure, and social dependency on that infrastructure, give them a somewhat legitimate need for a bailout? If other, smaller, more efficient companies can replace everything the telecom behemoths do, then let the big boys suffer, but is that the case? Can smaller tech savvy companies do everything the large telecoms do or are we talking strictly about broadband internet?
Well, the point is that it is fundamentally wrong for the government to do anything to hinder the workings of the market economy.
I sincerely hope that you are joking, or playing devil's advocate. The "market economy" is a fiction, created by government contrivance. Do you really believe that it is some sort of objective truth? or that it is the ultimate expression of human desire for advancement?
The market economy has done such an excellent job in protecting the environment and promoting individual liberty. Ironically enough, the "free market" has given us the most blatent interferences in market freedom that we have seen.
This is not to say that the market is undesirable or is not an excellent allocator of (some) resources - just that is it insufficient as a complete societal model.
I sincerely hope that you are joking, or playing devil's advocate. The "market economy" is a fiction, created by government contrivance. Do you really believe that it is some sort of objective truth? or that it is the ultimate expression of human desire for advancement?
"Markets" form with or without goverments. People naturally trade goods and service ebtween each other. Try an Econ 101 class.
The market economy has done such an excellent job in protecting the environment
That's what lawsuits are for. The areas that are badly polluted in this country are polluted because they're public areas, and the gov't never sues private, polluting entities as they should.
and promoting individual liberty. Ironically enough, the "free market" has given us the most blatent interferences in market freedom that we have seen.
Individual liberty? Like what? National tracking system? That's the US govt. Wiretapping and email cracking? That's the US govt. How exactly has your "individual liberty" been harmed by a private entity? I'm really curious.
"Markets" form with or without goverments. People naturally trade goods and service ebtween each other. Try an Econ 101 class.
Perhaps if you weren't so busy trying to be patronisng to the parent poster you would have noticed that he or she wasn't denying the existance of markets.
"The market economy has done such an excellent job in protecting the environment and promoting individual liberty."
Well let's just compare the environment in countries that free economies vrs the command driven economies which I believe have lately been experimented on in the former Communist countries.
Well let's just compare the environment in countries that free economies vrs the command driven economies which I believe have lately been experimented on in the former Communist countries.
Because they are the only two choices?
"Be there. Aloha."
-- Steve McGarret, _Hawaii Five-Oh_
Legitimate reason for bailout? (Score:5, Insightful)
Re:Legitimate reason for bailout? (Score:0, Flamebait)
This is why we should seriously consider abolishing the government and leaving everything to the market forces.
People like Friedman and Hayek have proved that markets are the ultimate source of truth, at least in this world.
Though it is always funny to read how commie CEO's beg for state subsidies to help their mismanaged companies.
The market economy answer is of course: sell it if it doesn't work.
neo-economic-liberal bullshit (Score:5, Insightful)
I sincerely hope that you are joking, or playing devil's advocate. The "market economy" is a fiction, created by government contrivance. Do you really believe that it is some sort of objective truth? or that it is the ultimate expression of human desire for advancement?
The market economy has done such an excellent job in protecting the environment and promoting individual liberty. Ironically enough, the "free market" has given us the most blatent interferences in market freedom that we have seen.
This is not to say that the market is undesirable or is not an excellent allocator of (some) resources - just that is it insufficient as a complete societal model.
Re:neo-economic-liberal bullshit (Score:1)
"Markets" form with or without goverments. People naturally trade goods and service ebtween each other. Try an Econ 101 class.
The market economy has done such an excellent job in protecting the environment
That's what lawsuits are for. The areas that are badly polluted in this country are polluted because they're public areas, and the gov't never sues private, polluting entities as they should.
and promoting individual liberty. Ironically enough, the "free market" has given us the most blatent interferences in market freedom that we have seen.
Individual liberty? Like what? National tracking system? That's the US govt. Wiretapping and email cracking? That's the US govt. How exactly has your "individual liberty" been harmed by a private entity? I'm really curious.
Re:neo-economic-liberal bullshit (Score:2)
Perhaps if you weren't so busy trying to be patronisng to the parent poster you would have noticed that he or she wasn't denying the existance of markets.
Re:Environment (Score:1)
Re:Environment (Score:1)
Because they are the only two choices?