Comment 28795

By seancb (registered) - website | Posted February 19, 2009 at 07:16:21

"Get government out of the business of issuing currency, fantastic. "

This might be a good place to start before you spew off about falling back on the free market.

"Why would it be a disaster?" For exactly the reason put forth in my example: The "free market" encourages parasitic behaviour, and we all know what happens to the parasite once they kill the host... Not to mention the sheer absurdity of the logistics.

"Then why haven't we used up all the oil in the world?"

In case you haven't been paying attention to the world around you, we are well on our way to doing just that.

What you are asking for is a corporate-run society where the richest company essentially rules the country. The unchecked corporate control of government is a major reason for the government being useless at doing things right - every decision is crippled by their need to maintain a relationship with the biggest donor corporations.

If one entity (corporation? person?) owned lake ontario, then anyone wanting to use that resource (you, me) would have to pay for the right - because the owner puts profit above all else. Meanwhile, the owner is not accountable to anyone but himself and can set prices with the goal of maximizing profits? The fact that you can't see why this is a bad idea is slightly scary -- only slightly because you are banking your financial future on a distant hope for zero-percent tax, so I'm not too worried about you growing up to be the owner of Lake Ontario.

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