QUOTE(CruisingRam)
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I like Milton Friedman, but he had a very, very myopic view of the businesman as a force for nothing but good and enlightened self interest. He never really accounted for the Ken Lay's and Michael Milkens of our time. That will always be the achillies heel of all Milton Friedman's mostly brilliant work. Staglation and all that. rolleyes.gif
Milton Friedman never really had a good equation for the system savvy CEO who spend thier entire life getting around rules and laws to line thier own pockets with other poeple's money.
Milton Friedman simply relied too much on the positive morality of big business in too many of his equations.
Friedman, like many libertarians, recognized that individuals will break the law, with CEOs being no different. His view was to prosecute fraud and illegal business practices such as lying to stockholders to the fullest extent of the law. The examples that you espouse are the exceptions, not the rule. And as many predict, look at where Lay and Milkens are today. Its not as if they got away with it unnoticed. Eventually their deception is discovered and they face the music. To group all CEOs with those few people is as irresponsible as any over-generalization one can make. There are hundreds of large corporations and thousands of smaller businesses. There is no systematic pattern of deception as you would make it seem. The purpose of a business is to make a profit. They make a profit through customer satisfaction.
QUOTE(CR)
And the robber baron was quite real, he just took a very rose colored glasses look towards them.
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Robber barons were real, but they were not the boogeymen that many are led to believe. What is never mentioned is the amount of important progress that was only made possible through their efforts. Morgan, Rockefeller, Carnegie, they all contributed a great deal of money to charity and services that benefited the poor and working classes. I expect many to disregard this fact, but it is important to put it out there. Furthermore, those who are traditionally considered "robber barons" need to be distinguished by their true forms.
The Truth About the "Robber Barons" QUOTE
It is a staple of history books to attach this derogatory phrase to such figures as John D. Rockefeller, Cornelius Vanderbilt, and the great nineteenth-century railroad operators — Grenville Dodge, Leland Stanford, Henry Villard, James J. Hill, and others. To most historians writing on this period, these entrepreneurs committed thinly veiled acts of larceny to enrich themselves at the expense of their customers. Once again we see the image of the greedy, exploitative capitalist, but in many cases this is a distortion of the truth.
As common as it is to speak of "robber barons," most who use that term are confused about the role of capitalism in the American economy and fail to make an important distinction — the distinction between what might be called a market entrepreneur and a political entrepreneur. A pure market entrepreneur, or capitalist, succeeds financially by selling a newer, better, or less expensive product on the free market without any government subsidies, direct or indirect. The key to his success as a capitalist is his ability to please the consumer, for in a capitalist society the consumer ultimately calls the economic shots. By contrast, a political entrepreneur succeeds primarily by influencing government to subsidize his business or industry, or to enact legislation or regulation that harms his competitors.
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The American economy has always included a mix of market and political entrepreneurs — self-made men and women as well as political connivers and manipulators. And sometimes, people who have achieved success as market entrepreneurs in one period of their lives later become political entrepreneurs. But the distinction between the two is critical to make, for market entrepreneurship is a hallmark of genuine capitalism, whereas political entrepreneurship is not — it is neomercantilism.
In some cases, of course, the entrepreneurs commonly labeled "robber barons" did indeed profit by exploiting American customers, but these were not market entrepreneurs. For example, Leland Stanford, a former governor and US senator from California, used his political connections to have the state pass laws prohibiting competition for his Central Pacific railroad,[1] and he and his business partners profited from this monopoly scheme. Unfortunately, the resentment that this naturally generated among the public was unfairly directed at other entrepreneurs who succeeded in the railroad industry without political interference that tilted the playing field in their direction. Thanks to historians who fail to (or refuse to) make this crucial distinction, many Americans have an inaccurate view of American capitalism.
QUOTE(turnea)
A difficult choice can become so difficult as to be practically no choice.
"You money or your life."
"Your obedience or your livelihood"
Such a choice is known as a Hobson's choice (an occasional legal term that has shown up in Supreme Court Cases) and can be used by the private sector to closely approximate the ultimate rights violations.
This is intellectually dishonest. Difficult choices are made all the time. I have not known many people who can say that most of the choices they have had to make in life were easy. You are framing the answers in such a way that it suites your narrow view of the consequences of each choice. If an employer and an employee cannot come to an agreement on the opening of a job, then they can both go their separate ways. You are arguing that the potential employee cannot go somewhere else, there is nowhere else. How truthful is this really? Your alternative is to have the employer keep the employee? Even at the peril of his business?
Let me paint a picture. A factory employs 1,000 workers. The workers live in a factory town that was created by the corporation in order to house its workers. Tough economic times cause financial losses (due to anything: competition, new technology, etc). Due to those economic losses, they must cut back on labor or at least lower wages. Now if you had your way under your social justice morality, the manager should not be able to fire them or change their salary. Well what would this mean? It means that eventually the factory would have to close down. Do you agree that this situation would force the factory to function at a loss? So instead of a few workers laid off or a wages lowered, you have everyone with no job.
QUOTE(turnea)
Conservatives seem tend to trust the people over the government.
Liberals don't tend to trust anyone, check and balances keep them all o their toes. Social, not just civil, justice.
Shenanigans. The modern liberal wants to use the coercive powers of government in order to impose its own morality and ideas of justice on the populace. "Social justice" as you call it has nothing to do with justice. It is a populist word that means nothing more than using government to impose a certain viewpoint. Progressives (modern liberals do not deserve the label "liberal") like to claim they do not trust government, meanwhile it is the essential tool they use in bringing about their utopia.
QUOTE(nebraska29)
I don't believe that corporations/private sector is any worse than government when it comes to abuse. I believe the sensible idea is to hold that both government and the private sector are equally capable of abuses against rights. I don't believe that anyone is arguing that government doesn't coerce or do bad things, I'm rather surprised that you believe it is "impossible" for the private sector to do anything bad to the same degree as government. Here's why I feel that way-In regards to discrimination, private business is just as guilty as government when it comes to discriminating on the basis of race, gender, age, and other categories.
The private sector is not a neutral entity. In a free society, it cannot be so. A free society allows the responsibility of its citizens to make choices based on their own self-interest. Discrimination is a part of this maxim. I choose coca-cola over pepsi and I choose burger king over mcdonalds. That is discriminatin made by the private individual in order to satisfy their economic or social conditions. The government is supposed to be a neutral entity that treats everyone equally under the law.
QUOTE(nebraska29)
The government through "free speech zones" and the like discrminates against the right to free speech. A woman fired for a bumper sticker is the private sector example of this. A person's employment should only be contingent upon the work that they do. If they unnecessarily bring politics, religion, or other distracting things unrelated to their job into the work environment, then by all means, they should be fired. When people are fired for a bumper sticker that has nothing to do with their job, then that is discrmiination, just as equal as any government act of coercion against speech. Voluntary contract or not, the only important matter is whether or not a person can do the job at hand. Any other factor is coercive and abusive.
One has no right to a job. If I am offered a job, it is because it is believed that the abilities and skills I would bring to a given profession would benefit that business. If someone else comes along who has more skills and more abilities than I, it would be common sense to try to get the best man for the job. The private sector can in no way systematically infringe on the rights of a populace in the same manner as government. People in this thread are nitpicking one or two minor instances that prove nothing about the the private sector. If we look at the Abuse Scoreboard throughout history (even since the early 20th century), the score isnt even close.