Capitalism tends to be mean and selfish. Sometimes it seems it isn’t worth its downsides, but it is the only system that makes risk-taking and innovation reckon its costs – even if the bad companies manage to avoid said costs and make others pay them. It’s up to government to regulate the risk taking by capitalists so we get necessary innovation without obscene costs, while resisting the temptation for government to take over everything, do the risk-taking, and hide the costs. Goldman-Sachs, BP, and others have really screwed us. Who can we trust to regulate the bastards?
Capitalism tends to be mean and selfish. Sometimes it seems it isn’t worth its downsides, but it is the only system that makes risk-taking and innovation reckon its costs – even if the bad companies manage to avoid said costs and make others pay them. It’s up to government to regulate the risk taking by capitalists so we get necessary innovation without obscene costs, while resisting the temptation for government to take over everything, do the risk-taking, and hide the costs. Goldman-Sachs, BP, and others have really screwed us. Who can we trust to regulate the bastards?