Comment

Maximizing shareholder value is destroying capitalism

17
Destro8/02/2012 8:00:52 am PDT

re: #16 Bob Levin

I just asked a question. Do you prefer bureaucrats or the courts to provide the regulations on the market?

No, I prefer elected officials do so and the bureaus like the police or economic regulators to follow said laws. Even courts - a branch of govt here in the USA - not so in other nations - need the bureaucrats to enforce their rulings.

The reason I won’t answer your question is that it really is a question based on a hypothetical. We have real world analogs to compare so find a real world example of what you are talking about. Which country operates like that?

Here is a real world example of what life is like for an entrepreneur in a mixed European style socialist country (Luxembourg):

littlegreenfootballs.com