“Tyranny of the status quo. Except in the free market, almost always takes a disaster or two to change things.”
Like the bankers in 2007? The problem is that most execs just want that bonus and those stock options short term. Spending billions to fix any issues rains on their parade. They just hope nothing will happen until they get out.
No, like commerce in our country before big government started meddling with and screwing up just about every facet of our economy including wrong-headed bullying and incentives for the banking industry.
The problem is that most execs just want that bonus and those stock options short term. Spending billions to fix any issues rains on their parade. They just hope nothing will happen until they get out
That's right but given the chance, competition in the free market allows leaner, hungrier, and better-integrated companies to win by passing on their lower costs and better service to the consumer. Our big government "helper" often prevents this from happening. Government is the root of our economic ills.