They don't care about people, only their profits. They don't care about the well-being or the greater good. They would serve water only in bottles at $20 if they could get away with it. Luckily, we have regulation there to stop this from happening.
It is an unfortunate truth.Take this however you want, whether it makes it seem that capitalism is a terrible plague of an economic system upon mankind for this lack of morals (which I can't really argue against, if we are talking about capitalism in its purest form)
Luckily, we have some control over corperations to stop this from happening. Get rid of that, then it wouldn't surprise me this will happen in the Western World. However, it already does happen in Latin America, Africa and off the coast of America and other locations.or whether it enlightens you that there really is no grand conspiracy to keep all of us down, there is just incentives that all of us follow and that any economic situation can be solved if we just know the incentives perpetuating a problem and fix them.
I put it this way. Why were the rules there in the first place? It was to stop this from happening because it was a foolish idea. Obviously, you would think "duh, even my uncles pet dog knows this is a stupid idea, why do we need all these stupid rules? No one is ever going to do it."I would like to finish by saying that in regards to the housing collapse we have experienced in America, that it was indeed caused by the free market, but what does that really mean? Congress in the early 90's deregulated the home loaning market in regards to high risk loans, this caused the free market to create a bubble that recently collapsed. People like to start pointing the finger at the banks for doing such a thing, but lets look at all participants of this bubble:
1. The banks did make irresponsible loans, but they just followed the new incentive for more profits.
2. The people applied for these irresponsible loans that were impossible to pay off, but they just followed the new incentive for a higher standard of living, including a nice house in a nice suburban neighborhood that exemplifies the American dream.
Well lets blame Congress for starting this in the first place! Well....all Congress did was follow the incentive in trying to make the economy better and grow so they can keep their jobs.
Lo' and behold.
Unfortunately, the world would be a better place without less rules if everyone had a brain cell and a had a moral fibre. Unfortunately, this isn't the case so these things have to be done.
There is another thing you American's like to discuss everytime 100 odd kids in a high school have been gunned down - Gun Regulation. Millions of people keep getting shot - FACT. Now, there is the obvious argument "Ban the guns, then no one can be shot" because you can't shoot some one without a gun. Then there is the argument "why punish us all because a big group of people with no moral fibre keep gunning people down.". etc.
The Free-market idea would be having no regulations on weapons or guns, so people with no morale fibre can run down the street with RPG's unchecked and having absolutely no responsiblity or restricts, then argue that the world would be a perfect place because no one will have a monopoly, do anything bad and won't exploit people! (except in every real life instance, returning to places like Africa again, it proves that they do)
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