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Pastimes : The California Energy Crisis - Information & Forum -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (435)	6/11/2001 2:27:57 PM
From: Father Terrence	Respond to of 1715

It is not the "law of the jungle" -- it is value for value. The law of the jungle analogy only flies in certain classrooms at certain Universities presided over by socialist-leaning professors. Germany's Nazis (the National Socialist Party) and Japan's neo-feudalistic statist empire are far from examples of free societies or free capitalism. Both were statist societies -- the State was omnipotent over the individual -- just the opposite of what this country was founded on (the Articles of Confederation, not the Constitution which many mistakenly believe). With all due respect, what history books did you read?

To: Raymond Duray who wrote (435)	6/11/2001 2:35:47 PM
From: gamesmistress	Read Replies (4) \| Respond to of 1715

Don't know anything about Japan's economic system from the mid '20s through 1945, but Germany from 1933 to 1945 was run by the National Socialists, remember? They ran on a platform of saving Germany from the "unbridled capitalism" of the Weimar Republic. And the big corporations in Germany certainly reaped big bucks, but only if they did what they were told by the Nazis, who dictated every aspect of German life, including the economy. The big energy companies have had on and off relationships with the US government, but logically, if there are price caps now, the US government should have stepped in to support the price of oil when it dropped to $10 and oil companies were laying people off left and right and consolidating to survive. Right? Maybe the FERC should come up with a better definition of "just and reasonable" prices. "Cost plus" belongs to regulated utilities and the old AT&T. Nobody tells Microsoft to sell at "cost plus".