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


To: combjelly who wrote (458843)2/23/2009 3:09:45 PM
From: TimF  Read Replies (3) | Respond to of 1573249
 
You where concerned about concentration of power, I was concerned about another point.

Companies going under is how capitalism frees up wasted resources. If there is sufficient demand for the product someone else will make it. If there isn't (which isn't the case here) than probably no one should make it.

GM has been wasting a lot of resources. It wouldn't be a tragedy if it was reorganized under bankruptcy or even if it went under.