JoeRedskin
10-20-2011, 01:58 PM
I agree with you...taxing people who have minuscule income that is distributed by the government itself is idiotic.
A lot of people seem to have remarkable faith in the market despite what has transpired the last few years...amazing!
I have faith that an open and transparent free market that reacts to the general tenets of supply and demand and risk/reward on investments is the best form of economic system and is consistent with democratic/republican government (small d, small r).
At the same time, I would suggest that, w/out proper oversight of the process and private sector, we end up with a market that is not transparent and that does not adequately react to risk/reward. Specifically, when corporations can lose money but the individuals who manage those corporations can still profit, the "free market" does not create a proper check.
I don't really know the answer to this. Corporations, in and of themselves, are not evil any more than money, guns or government are innately evil. Corporations exists as legal entities to allow pooling of resources by protecting individuals within the corporation from personal liability. If not for this protection, business as we know it could not function - no one could gather the capitol necessary to research, innovate or otherwise invest in large capital projects. At the same time, this necessary protection insulates corporate decision makers from everything but outright fraud. Sure, the market punishes the corporation b/c it loses money - but the managers still profit.
Also, I disagree with those who think corporations should not be allowed to contribute to campaigns. Again, corporations as legal "persons" should be just a funnel for the will of the investors. If they have gathered the resources to lobby for their position, they should be allowed to do so - just as I am free to lobby against and to work with others to create a larger impact.
One of my problem with the "Occupy" movement is that, unlike the the Tea Party, the occupy movement is not actually organizing change it's just pouting about the problem. The Tea Party group - regardless of what you think of their message - organized, worked within the system, and elected numerous people who they believed would effect change. They were effective in that many politicians reflecting the "status quo" were defeated despite being backed by "the machine" (as it were). The Occupy folks have a clear and simple way to effect corporate change - buy in. Buy stocks and organize voting blocks within the corporations. It's hard, it's a lot of work, it would involve many setbacks, but there is a way for them to effectively change the structure. There is also, of course, the Tea Party route - identify an agenda, find individuals who support that agenda to run against machine politicians, and work like hell to elect those individuals -- or you can just sit in your own stench and whine. I am sure that will be effective too.
Sorry, not sure that this little rant belonged. I am frustrated that: (1) there seems to be no one able to create a cogent, compelling argument for a well regulated free market (meaning regulations that encourage and further the basic tenets of a successful FM, not simpy lots of regulations); (2) the right's answer is generally "government= bad" so regulate almost nothing and tax less; and (3) the left's answer is "free market/business = bad" so implement failed policies reflecting a warmed over neo-socialism.
Blechh. I need to find a mountaintop all my own.
A lot of people seem to have remarkable faith in the market despite what has transpired the last few years...amazing!
I have faith that an open and transparent free market that reacts to the general tenets of supply and demand and risk/reward on investments is the best form of economic system and is consistent with democratic/republican government (small d, small r).
At the same time, I would suggest that, w/out proper oversight of the process and private sector, we end up with a market that is not transparent and that does not adequately react to risk/reward. Specifically, when corporations can lose money but the individuals who manage those corporations can still profit, the "free market" does not create a proper check.
I don't really know the answer to this. Corporations, in and of themselves, are not evil any more than money, guns or government are innately evil. Corporations exists as legal entities to allow pooling of resources by protecting individuals within the corporation from personal liability. If not for this protection, business as we know it could not function - no one could gather the capitol necessary to research, innovate or otherwise invest in large capital projects. At the same time, this necessary protection insulates corporate decision makers from everything but outright fraud. Sure, the market punishes the corporation b/c it loses money - but the managers still profit.
Also, I disagree with those who think corporations should not be allowed to contribute to campaigns. Again, corporations as legal "persons" should be just a funnel for the will of the investors. If they have gathered the resources to lobby for their position, they should be allowed to do so - just as I am free to lobby against and to work with others to create a larger impact.
One of my problem with the "Occupy" movement is that, unlike the the Tea Party, the occupy movement is not actually organizing change it's just pouting about the problem. The Tea Party group - regardless of what you think of their message - organized, worked within the system, and elected numerous people who they believed would effect change. They were effective in that many politicians reflecting the "status quo" were defeated despite being backed by "the machine" (as it were). The Occupy folks have a clear and simple way to effect corporate change - buy in. Buy stocks and organize voting blocks within the corporations. It's hard, it's a lot of work, it would involve many setbacks, but there is a way for them to effectively change the structure. There is also, of course, the Tea Party route - identify an agenda, find individuals who support that agenda to run against machine politicians, and work like hell to elect those individuals -- or you can just sit in your own stench and whine. I am sure that will be effective too.
Sorry, not sure that this little rant belonged. I am frustrated that: (1) there seems to be no one able to create a cogent, compelling argument for a well regulated free market (meaning regulations that encourage and further the basic tenets of a successful FM, not simpy lots of regulations); (2) the right's answer is generally "government= bad" so regulate almost nothing and tax less; and (3) the left's answer is "free market/business = bad" so implement failed policies reflecting a warmed over neo-socialism.
Blechh. I need to find a mountaintop all my own.