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To: Little Joe who wrote (108498)2/19/2010 1:57:45 AM
From: Hawkmoon2 Recommendations  Read Replies (2) | Respond to of 116555
 
If the answer to that question is yes, how could it be done without capitalism?

Are corporations democracies? The only voting that takes place is amongst the owners/investors.

Corporate interests often do not dovetail with the interests of the sovereign countries in which they operate. This is especially true with regard to labor costs. Corporations often forget that workers are also consumers. Hence, repeating the example of Henry Ford, who realized that he has to pay his people enough so that they could actually afford the products they were manufacturing.

Again.. don't misunderstand me. I'm not against Capitalism. But I recognize that corporations CAN BE against the regulatory authority of democratic governments when it interferes with their profit margins and market share.

Corporations, left unregulated, act to monopolize the power within any given market, thereby maximizing profits.

As a sovereign nation, we have a vested interest in preserving competition amongst corporations operating within our borders.

And some would opine that we have an interest in protecting the labor force of this country from products being dumped into our borders by corporations that have moved their operations overseas, thereby removing that worker/consumer relationship that Ford felt was so vital to his company's success.

Somewhere there has to exists a middle ground where labor and corporations can co-exist for the benefit of both parties, as well as our overall economy.

Hawk