Quote:
Originally Posted by Weiser Wonder
Isn't this a good argument against capitalism? If business will always and forever seek higher profits, shouldn't there be massive controls in place to maintain the interests of the people? Unless you argue that the best interests of big business always line up with the best interest of the people, which would be absurd given the situation in the US.
The only logical conclusion is that government needs to be there to enforce regulation. Heavy regulation at that, otherwise you'll have a society based around maximizing profits. Which seems untenable in a society that maintains that each individual has the right to life.
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Thanked, but to add to that, I really think some of these laws, lingo and market derivatives are made so confusing that it confuses 99% of the world. It shouldn't be that complicated. I always followed the rule, if you don't understand it, don't invest in it. I live in a utopia, but part of more oversight/regulation is needing to make these laws, lingo and market derivative understandable.. I don't have a solution for this, but that would go a long ways to improving things.