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CEO pay should be limited to a number equal to 20 average workers annual wages. In addition, we should pass legislation modeled after the environmental models of the 70's so that on-going problems caused by old problems is remidied.
In short, anyone who is a major shareholder in a bank or multinat should have their assets nationalized and put into the general fund of the US Treasury.This is an equitable solution.
What I'm saying is that the "regulations" in the various free trade agreements/GATT and the "regulations" of the 1890's-1929 era that were self imposed by the Robber Barons were not regulations at all, but rather self-promoting deals designed by of and for the winners.
Without a conterbalance, governmental regulation that protects society as a whole from the greed and excess of the rich, the system will inexorably fall apart- just like we saw in 1929, and again in 2008.
What I'm saying is that the "regulations" in the various free trade agreements/GATT and the "regulations" of the 1890's-1929 era that were self imposed by the Robber Barons were not regulations at all, but rather self-promoting deals designed by of and for the winners.
Without a conterbalance, governmental regulation that protects society as a whole from the greed and excess of the rich, the system will inexorably fall apart- just like we saw in 1929, and again in 2008.
Sorry... regulations ARE regulations... no matter how you want to spin.. self-promoting ideals do NOT need to be written as laws, if they were.. they would be regulations... and regulations are the antithesis of the free market... so to blame these "regulations" then you have to admit it wasn't a free market at all... and these "regulations" are the problems of it all... and the problem isn't deregulation, but overregulation of these specific "regulations"... but that isn't what the media or liberals would have you believe...
Myself and the vast majority of Historians and others do not blame what you are saying are regulations (self-promoting side deals by the Robber Barons themselves) for the failures that have caused 2 depressions, rather they blame the free market itself.
Myself and the vast majority of Historians and others do not blame what you are saying are regulations (self-promoting side deals by the Robber Barons themselves) for the failures that have caused 2 depressions, rather they blame the free market itself.
Laissez Faire does not work.[/quote]
And the arguement that it does has come around dozens of times since Jefferson. Maybe earlier. The two sides have never agreed and never will. I believe that history proves that it does not work.
Myself and the vast majority of Historians and others do not blame what you are saying are regulations (self-promoting side deals by the Robber Barons themselves) for the failures that have caused 2 depressions, rather they blame the free market itself.
Laissez Faire does not work.
And you still haven't showed us ANY laissez faire system... i.e. a system without regulations... all you have shown is a GOVERNMENT-regulated system... where is the non-government regulated system? Where? All you have shown is failures in government-regulated systems... that's all...
I see a non-answer... can't find an answer, so avoid the question altogether...
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