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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (458503)2/22/2009 4:13:52 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1572946
 
CJ, > The best that can happen is the economic power gets concentrated in fewer hands.

The same problems occur when you trend toward socialism and planned economies. Power is necessarily concentrated in the hands of the few.

Trust-busting is one thing (and a reason why Teddy Roosevelt is on Mount Rushmore), but nationalization is yet another.

Tenchusatsu



To: combjelly who wrote (458503)2/23/2009 12:11:49 PM
From: TimF  Read Replies (1) | Respond to of 1572946
 
If GM goes tits up, there isn't going to be anything to spring up to fill that gap.

There will be demand for cars (low now, but it won't be this low forever), someone will fill the gap.

Since they already exist and are healthier, it will probably be car companies from other countries (even if they fill it by expanding production here), if they didn't exist, if GM was a near monopoly, but somehow still died, than new companies would arise.


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