SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Neeka who wrote (321950)8/31/2009 12:52:53 PM
From: Sr K1 Recommendation  Read Replies (2) of 793957
 
It's not for "lower cost and better run than I'd find in the private sector."

If all businesses would do things "right," we would barely need a government involved in business. Think of toys and lead-based paint. It is for those who would cut corners or do things "wrong" that we need government involvement.

Operating for "lower" or lowest cost can result in damages that the business doesn't pay for or pays for a lot later down the road if they are caught.

Government or society can look at the long-run or the big picture while a business could operate in the short-run to society's detriment.

In monopoly situations, "better run as a business" can be harmful to an economy. Some business practices can be similar in effect to a hit and run driver, with no concern or cost for the damages or delayed damages caused long after they have taken their profit, merged, cashed out, or left the scene.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News