- Capitalism and Alternatives -

Erm, no.

Posted by: Red Deathy ( Socialist Party, UK ) on August 05, 1999 at 10:49:51:

In Reply to: Sounds like the 'Fleecing of America'! posted by Jason on August 04, 1999 at 12:14:48:

: I'm not sure why you think this capitalist business (Union Carbide) should be an example of how all other capitalist businesses are run.
It demonstrates two specific features I beleive are general-
1:The management do not create teh wealth, and the owners have no interest in the runnning of teh company.
2:Capitalist firm's bureaucracies are subject to teh same laws as government bureaucarcies, and specifically empire building.

: Shoot, under socialism, plane engines could be dying in mid-air, hundreds dying in fiery crashes, and it wouldn't bother the people who made them.

It would, and their interest would be to find out what went wrong, for a capitalist firm, like Union Carbide, or like tobacco firms, self-iterest lies in avoiding blame and avoiding responsibility- as UC has for many years, trying not to pay out compensation.

: Yep! Sounds like the "Fleecing of America"! Something our government would do very easily! Hmmm, the US Gov't is drowning in debt, so I wonder where Union Carbide is headed if stuff like this keeps happening...

Erm, the decision was made by the firm states side, not by the Indian government...

: (Apologies to the late O'Shaughnessy)

Thought you were parodying Eliot there, The Hollow Men
We are the hollow moderators...etc.

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