For years Americans have been told to trust in “the market” to solve all our problems. It certainly leads to great wealth and contentment. For some. But we live in a world where we are capable of looking and seeing other countries without such market devotion. And they’re happier

I don’t think nor do I want America to be as skeptical of business as say the standard in Europe. But I don’t think we can keep people satisfied anymore by saying the market is eventually going to provide. The market doesn’t give a shit if there’s no profit.

There’s no profit in clean air and water, better education, expansive health care and a strong public infrastructure and safety net. There’s no incentive for the market to do any of that. But there’s a societal need. So we will act and do it.

So the market is going to be there and business will grow and people will make a metric ton of money. But the goddamn market is also going to help finance the stuff we need that it won’t provide on its own. It’s not “what’s best for business” but it’s what’s good for society.

The counterargument will boil down to “liberty,” but sorry, the freedom to die because pharma likes profits from medicines when the option is there to simply get people the medicine they need to fucking live is going to make the sloganeering a hollow battle cry.

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  1. Society has always been troubled by those who would misuse the common “good” for their personal advancement. Whether this is someone who would overgraze the common pasture, or one who would develope a “disability”, call it bone spurs, to avoid military service, doesn’t matter. Call it greed. Call it the “fallen nature of man”. Call it whatever. People will game any system for their own advancement.

    It is necessary then for each individual to see the personal advantage to his labor. It is necessary for individuals to be free to earn what they can as a result of their ingenuity and effort. A corporation is nothing but individuals working together in a structure that protects them individually in the event of failure. Corporations should be free to earn what they can as well.

    But remember the “fallen nature of man”. Corporations, composed of people, will take advantage if they can as well. That is why a function of Government is to regulate business in the way that most protects the Public from the corporate excesses; but also is least intrusive on business itself.

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