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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: derek cao who wrote (9765)	10/27/1997 3:55:00 PM
From: akidron	Read Replies (2) \| Respond to of 70976

nationalization has nothing to do with humane capitalism. humane capitalism is predicated on an understanding that the market is inperfect and sometimes there has to be intervention in that market to protect interests that would otherwise not be able to protect themselves. there are so many examples of this that it trivializes the concept to create a list but a perfect example is the airline industry where traffic patterns are regulated by the state to prevent greedy airline opperators crashing there airlines into each other in the quest for profit.

To: derek cao who wrote (9765)	10/27/1997 9:50:00 PM
From: Joe S Pack	Respond to of 70976

Derek, Humane capitalism in my dictionary means a fair competition and everybody plays by the rule. You can make good profit by respecting competition and being good to otherwise vulnerable common people. One simple example is take two equal size corporations in the similar sort of business. One gives 12 weeks of maternity leave to its (female) employee and other gives a minimum 6 weeks. I consider the former a humane corporation compared to the later. As akirdon (sp?) pointed out one nations wealth and well being are tied to the general public and their happiness. This does not mean one has to be a communist to achieve this end. Happy investing. -Karun