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wall_rus

07/21/07 11:35 AM

#6536 RE: otcbargains #6513

OTC: if you equate taking money from lobbyists gov intervention then I agree with you. However, most of the money taken is to de-regulate and grant exceptions and favors, not the other way around.

"Unregulated profit-seeking corporations cannot be trusted to protect the Public, because their main objective is to make profits, not to be a do-gooder for the Public. Whenever profit-making conflicts with the Public interest, profit-making wins!

This is not a radical idea, but an obvious fact, if you think about it. Profit-seeking corporations exist to make a profit, and the more profit, the better. Anything which increases profits is good for them; and anything which decreases profits is bad. So they try to do whatever is necessary to make profits. This is the essence of Laissez-faire Capitalism: that profit-seeking corporations should be left alone to do whatever they choose to do in order to make profits."