tag:blogger.com,1999:blog-6789188.post8081021475162197920..comments2024-03-27T17:15:37.606-04:00Comments on Triablogue: A moral argument in favor of capitalismRyanhttp://www.blogger.com/profile/17809283662428917799noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6789188.post-72248383380861487542012-08-01T21:03:42.521-04:002012-08-01T21:03:42.521-04:00Hi Christopher,
It's the role of government t...Hi Christopher,<br /><br />It's the role of government to hold corporations accountable to criminal law (e.g. fraud) just as it's the role of government to hold sole proprietors accountable to criminal law.<br /><br />Incidentally, BigName banks are not examples of capitalism. They're examples of Fascism. They're in partnership with Big Government, are an instrument of Big Government and, indeed, carry out many unlawful practices due to the privileges granted to them by Big Government as a function of the latter's monopoly over the money supply.Barnzillahttps://www.blogger.com/profile/06728890932482605649noreply@blogger.comtag:blogger.com,1999:blog-6789188.post-85034087764996336732012-08-01T17:22:46.202-04:002012-08-01T17:22:46.202-04:00Christopher, what makes you think that government ...Christopher, what makes you think that government regulation would be a solution to abuses of corporations?<br /><br />Look at how these regulatory commissions are set up: they are run by people *within* the industry, who give special breaks to their cronies. Just look at John Corzine being brought before the CFTC by his former crony Garry Gensler. This is not by accident. This is why piling on regulations on top of regulations only hurts small businesses. They don't have the clout to get government to give them the passes or breaks it gives to corporations.<br /><br />Giving power to the government will just make the problem worse.C. Andironhttps://www.blogger.com/profile/04850876481256430215noreply@blogger.comtag:blogger.com,1999:blog-6789188.post-15285115357511367002012-08-01T16:13:18.088-04:002012-08-01T16:13:18.088-04:00John
a whole lot in there! I am reminded of this ...John<br /><br />a whole lot in there! I am reminded of this flaw Jesus identifies about the children/sons/daughters of light:<br /><br /><b>Luk 16:8 The master commended the dishonest manager for his shrewdness. For the sons of this world are more shrewd in dealing with their own generation than the sons of light.</b><br /><br />The sheepherders don't call sheep dumb for nothing! <br /><br />We do have this promise to hold on too: <br /><br /><b><i>Eze 34:28 They shall no more be a prey to the nations, nor shall the beasts of the land devour them. They shall dwell securely, and none shall make them afraid. <br />Eze 34:29 And I will provide for them renowned plantations so that they shall no more be consumed with hunger in the land, and no longer suffer the reproach of the nations. <br />Eze 34:30 And they shall know that I am the LORD their God with them, and that they, the house of Israel, are my people, declares the Lord GOD. <br />Eze 34:31 And you are my sheep, human sheep of my pasture, and I am your God, declares the Lord GOD." </i></b>natamllchttps://www.blogger.com/profile/05362006343221525741noreply@blogger.comtag:blogger.com,1999:blog-6789188.post-83208710786512021642012-08-01T09:32:11.286-04:002012-08-01T09:32:11.286-04:00Hi Christopher, thanks for commenting.
Murray doe...Hi Christopher, thanks for commenting.<br /><br />Murray does allow that <i>"You are free to argue that certain government interventions are justified....</i> He puts conditions on them, though. <br /><br />Ultimately, I think the solution is in God's hands. That is, we need more Godly people to work in large corporations, and it is up to God to convert more people to repentance. <br /><br />Maybe the rules don't work the same way in both places. But the more people who are respectful of the rules, the better both sets of rules will work.John Bugayhttps://www.blogger.com/profile/17728044301053738095noreply@blogger.comtag:blogger.com,1999:blog-6789188.post-67939705400826425922012-08-01T09:18:16.831-04:002012-08-01T09:18:16.831-04:00I believe in capitalism. My wife and are both chil...I believe in capitalism. My wife and are both children of small business owner/families. I have seen firsthand how inconvenient government regulation can be at the sole proprietor level.<br /><br />With that said, how do large corporations factor into the ideal? How can corporate persons be moral and who holds corporate persons to moral accountability? Churches? Families? Neighbors? How do they do it? <br /><br />In the case with small businesses, the integrity of the business is tied to the integrity of the person, and that person can be disciplined or shunned in the community if they're shady. How does that work with corps? I find BigName bank's activitites to be questionable and I'd prefer not to do business with them. I can't shun BigName bank because my recent small, regional bank mortgage was almost immediately sold to BigName. How will I vote with my dollars in that case and how do I hold BigName accountable for the havok they may wreak with my money?<br /><br />To be sure, I'm no fan of massive government intervention in business. But, I just can't see how the rules of "fair play" work equally at the bottom and the top.Christopher Barnettehttps://www.blogger.com/profile/10002089408552516872noreply@blogger.com