Quote:
Originally Posted by Minte
The option to corporations is to raise consumer prices. Unfortunately the stock market allows people that actually expect a dividend on their investments to participate. Corporations don't find a way to show profits, the shareholders lose their investments. What's the solution
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The first part of the solution is to separate absolutely necessary components of a stable, safe, healthy society from discretionary products and services or luxuries. The idea that someone making dildos should be profit motivated is a good one... the idea that production of *basic* food, health care, energy, security and the like should also be purely profit motivated segments of society is simply ridiculous. We do not allow police to be a for profit industry. We don't need to allow ADM and Conagra to abuse the public or allow oil conglomerates to flood the gulf with crude thanks to recklessness in the name of shareholder satisfaction either.
The ADMs, Enrons, CounrtyWide Mortgages, Humanas and BPs of the world do much more damage each year than all the welfare recipients will do in their entire lifetime.... because those entities are allowed to hold the public hostage by either being 'too big to fail' or by 'selling' people products and services that people have no choice but to buy.
The dividing line needs to be much brighter and the regulations on one need to have much sharper teeth than the other.
