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Pastimes : Let's Talk About Our Feelings!!!
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To: epicure who wrote (21716)5/18/1998 7:35:00 AM
From: Jack Clarke  Read Replies (2) of 108807
 
X,

But by tempering capitalism a little bit, by giving up a bit of one's economic wealth, one buys social stability and a measure of peace.

I think it was Toynbee, the historian, who said that taxes are the price we pay to prevent revolution. But this can go too far. I agree that totally unbridled capitalism is untenable. All of the wealth would soon shift into a very few hands, and after a generation or two, those holding the power would be those who did not earn it and may not be worthy or have the sense of "noblesse oblige" which their forefathers may have had. A blueprint for despotism.

Our current trend toward managed health care is an example. We jumped out of the Clinton frying pan of government care into the Republican fire of profit-only, insurance company run HMO care. If they would let us have a true private system, then the market forces would prevail, but employees don't really have much choice, and once they are in a plan they are usually stuck there for a long time. It's a complex problem.

Jack
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