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    Default The End of Capitalism?

    Might this proposal be the beginning of the end of capitalism?

    http://www.bbc.co.uk/news/business-23306086

    Making directors liable; won't this kill innovation? crush risk-taking? be the end of creativity?
    Isn't it already true that where fraud of criminality is involved people may be held to account; unnecessary and heavy handed at best.
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    Banned Kadagar_AV's Avatar
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    Default Re: The End of Capitalism?

    I always liked how Japanese directors that fail just go kill themselves.

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    Member Member Greyblades's Avatar
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    Default Re: The End of Capitalism?

    Would it be the end of capitalism? No, will it be claimed by the media run by those same directors? Yes. will people believe it and resist this tooth and nail without really understanding it? Considering some of the people out there who make such decisions think capitalism and socialism are mutually exclusive, I would not be surprised.

    Oh, look at that, I'm getting opinionated again, probably should stop caring for the sake of my sanity.
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    Senior Member Senior Member Fisherking's Avatar
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    Default Re: The End of Capitalism?

    So, he wants government regulators to decide who is good and who is bad?

    Oh yes, that should solve the problem.

    This is just a continuation of the phony too big to fail.

    Can’t we criminalize government functionaries proposing stupid laws?


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    the vast limits of their knowledge.
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    Member Member Greyblades's Avatar
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    Default Re: The End of Capitalism?

    Quote Originally Posted by Fisherking View Post
    So, he wants government regulators to decide who is good and who is bad?

    Oh yes, that should solve the problem.

    This is just a continuation of the phony too big to fail.

    Can’t we criminalize government functionaries proposing stupid laws?
    So what's the alternative? Self regulation has a habit of not working and is open for exploitation (more so at least), and no regulation leaves us with the problems that needed regulation in the first place.
    Last edited by Greyblades; 07-15-2013 at 13:59.
    Being better than the worst does not inherently make you good. But being better than the rest lets you brag.


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    Voluntary Suspension Voluntary Suspension Philippus Flavius Homovallumus's Avatar
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    Default Re: The End of Capitalism?

    Quote Originally Posted by Fisherking View Post
    So, he wants government regulators to decide who is good and who is bad?

    Oh yes, that should solve the problem.

    This is just a continuation of the phony too big to fail.

    Can’t we criminalize government functionaries proposing stupid laws?
    No - it's the opposite of "too big to fail" - if you fail - it's your fault.

    Not a terrible idea - but they should be held criminally responsible for the collapse of their companies, not financially responsible.
    "If it wears trousers generally I don't pay attention."

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    Mr Self Important Senior Member Beskar's Avatar
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    Default Re: The End of Capitalism?

    Upper Management is a case of "Meant to get paid tons of money for more responsibility. Doesn't have any responsibility as there is always an intern at fault."
    Days since the Apocalypse began
    "We are living in space-age times but there's too many of us thinking with stone-age minds" | How to spot a Humanist
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    has a Senior Member HoreTore's Avatar
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    Default Re: The End of Capitalism?

    Quote Originally Posted by Philipvs Vallindervs Calicvla View Post
    No - it's the opposite of "too big to fail" - if you fail - it's your fault.

    Not a terrible idea - but they should be held criminally responsible for the collapse of their companies, not financially responsible.
    I disagree - incompetence should hurt your wallet, not your freedom. Unless you also commit fraud or whatever in addition, of course.

    Anyway, I thought a key concept in capitalism is the direct relation between property and person, arguing that a person will only take proper care of their own personal property, as they will be motivated not to destroy it(and thus hurting themselves).

    How can this proposal then be the "end of capitalism"...? Unless you subscribe to the idea that capitalism simply means "let the rich rule the world unopposed, and everyone else an bugger off", this should be right up capitalisms alley.
    Still maintain that crying on the pitch should warrant a 3 match ban

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