I'm not. I stand by my comments that folks like you are a useful idiot for corporate fascism by your pretending that it's all the fault of government. We saw the practical limits of anti-regulation dogma reached last year - for example, the exemption of credit default swaps from regulation and the lack of regulation of ratings agencies. But some folks refuse to learn from both history and current events.
The fact remains that you cannot refute the premise that corporations would not care as much about government if government could not affect their bottom line.
Google Archer-Daniels Midland and Enron and get back to me.
The government had full authority to regulate these areas, but failed in its duty.
So when government does not do its job, you blame capitalism.......brilliant.
I guess the failure to regulate subprime mortgages is also the fault of big banks?
The two chief enemies of the free society or free enterprise are intellectuals on the one hand and businessmen on the other, for opposite reasons. Every intellectual believes in freedom for himself, but he’s opposed to freedom for others.…He thinks…there ought to be a central planning board that will establish social priorities.…The businessmen are just the opposite—every businessman is in favor of freedom for everybody else, but when it comes to himself that’s a different question. He’s always the special case. He ought to get special privileges from the government, a tariff, this, that, and the other thing…There's a better one out there about business using the government to keep their competitors out of the way, but I couldn't find it.
--Milton Friedman, quoted in Reason magazine.
Wow.. You are quite the fool.
Enron was a great example of how things should work. The guys who did wrong were discovered, tried, and sent to jail. In a Fascistic system with government and business tied into one that would never happen - a corporation might run afoul of the powers that be and be purged - but it would never have to answer for its crimes.
I always have to scratch my head when people use Enron as an example of why politics and business need to be more entangled (then they already are). What, do you not like criminals being punished for their crimes?