Originally Posted by TechM Big corporations have their place. Firmly under the public's heel comes to mind.
I heard the winner of the NASCAR race yesterday complaining about the new cars they're driving; better, safer, and providing of a more interesting give-and-take race, but complaints nevertheless.
All I'm saying is France fits your statement there pretty well, and they havent had unemployment under 8% in a quarter of a century. 25 years! And double-digit unemployment amongst 20-somethings, and up to 50% in the ghettos. Having corporations "firmly under the public heel" gives France trains and nuclear power, but hard to take advantage of the luxuries of the modern economy, like GeForce8800GTX's, when you're unemployed (or living off the government) or underemployed in a stagnant economy.
Plus, if it's not price discrimination amongst income levels and not attributable to distribution costs, look to your governments import tariff's. In certain parts of almost any industry, they can be eye-popping in a governments attempt to cordon off the domestic industry from competition. Good for domestic CEO's paychecks, bad for everyone else.
Back to the NASCAR comparison, all this is much ado about nothing while we reap all the other benefits (ie, you in England might be surprised at how much of your food is flown in by plane from Africa over night at a lower cost than what could be achieved by farming locally, saving everyone that happens to eat money). NASCAR will accept their new cars, and hopefully, we'll all accept that today will never by like yesterday, economically or in any other way.
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I heard the winner of the NASCAR race yesterday complaining about the new cars they're driving; better, safer, and providing of a more interesting give-and-take race, but complaints nevertheless.
All I'm saying is France fits your statement there pretty well, and they havent had unemployment under 8% in a quarter of a century. 25 years! And double-digit unemployment amongst 20-somethings, and up to 50% in the ghettos. Having corporations "firmly under the public heel" gives France trains and nuclear power, but hard to take advantage of the luxuries of the modern economy, like GeForce8800GTX's, when you're unemployed (or living off the government) or underemployed in a stagnant economy.
Plus, if it's not price discrimination amongst income levels and not attributable to distribution costs, look to your governments import tariff's. In certain parts of almost any industry, they can be eye-popping in a governments attempt to cordon off the domestic industry from competition. Good for domestic CEO's paychecks, bad for everyone else.
Back to the NASCAR comparison, all this is much ado about nothing while we reap all the other benefits (ie, you in England might be surprised at how much of your food is flown in by plane from Africa over night at a lower cost than what could be achieved by farming locally, saving everyone that happens to eat money). NASCAR will accept their new cars, and hopefully, we'll all accept that today will never by like yesterday, economically or in any other way.