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

To: Clarksterh who wrote (23535)	8/28/1998 2:32:00 PM
From: derek cao	Read Replies (1) \| Respond to of 70976

Off topic: Re: Actually, as Asia proves, they don't provide such transparency unless forced, whether they sell shares to the public or not. It is obvious that a lot of Asian markets are not free market. So proves what? Re: Actually they were a self-perpetuating monopoly in the late 70's. When the government give AT&T the monopoly, it also have mandates. Why should AT&T give opportunities to other companies while it had the sole responsibility of the government mandates? Re: I can charge anything I want Unfortunately for AT&T rates are regulated. Re: My point was not that all government regulation is good, nor even that there is a single optimum balance between Marxism and Randism, but that the two extremes are definitely bad. Some government intervention is almost certainly good, although it may be debatable exactly what and how much. Like all liberal ideas(such national healthcare,free education and child care etc...), it sounds very attractive(make you want to applause), but nobody know how to do it without moral hazard. Derek