Ahura Mazda
3rd January 2004, 22:38
Unlike some people of my political persuasion (extremely right-wing libertarian), I will admit that Corporations have done the world plenty of bad in the past, and will continue to do bad when they can get away with it. Corporations are Just Like Governments in this way, and the only way to stop it is to abolish corporations. That is not nearly the same thing as destroying the free market; it keeps the free market around as it should be, with producers being held accountable for what they screw up. Enron scandals could not happen if that particular individual was not held to be just as much Enron as any other employee or other stockholder. I have ruminated and foruminated on this before, and have yet to have found a single argument saying it won't work, the closest being an economic depression the likes of which have never been seen before, but given sufficient time, companies would be allowed to adjust to the new rules, and such depressions could be avoided.