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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Horgad who wrote (33285)12/10/2010 11:47:15 AM
From: John1 Recommendation  Read Replies (2) | Respond to of 71455
 
Horgad,

Who decides when the class inequalities are too large? Who decides what constitutes too large?

I see class inequality as a natural manifestation of the differences between people.

The injustice that I see is the government's implementation of artificial constructs such as affirmative action, EEO, gerrymandering, etc. Such constructs prevent (a) businesses from hiring the best candidates and rewarding the best employees, (b) schools from admitting and graduating the best students, (c) the government from awarding contracts to the best contractors, and (d) voters from electing the best candidates.

I would rather see the government enforcing greater competition by preventing monopolies and oligopolies.

I would consider the credit card industry one example of an dangerous oligopoly. There is a vast need for an easy payment system to facilitate commerce, but why should a merchant have to hand over 2 or 3 percent on every purchase to the credit card companies? That is ridiculous. If ever there was a need, it is for a national standard of inexpensive electronic transactions.