Bryan Reid
Nick Darty
Tony Rosenzweig
Capitalism is an economic system in which private people, not the government, own and run companies.
In a capitalist system, private households need goods. They buy these goods from the income they have. Some households have more income than others.
This is the type of economy we have
A government must make sure that there is enough competition to deep prices low, the quality products high.
If only a few companies produce products they may agree to keep prices high.
When the government starts controlling parts of a free economy or a capitalistic like our own that’s when it starts pushing its limit
full control is too far
The balance is hard to find
“that government is best which governs least” (on the duty of civil disobedience)
So is there really a balance?
Since the recession began in 2008, attempts to grow and improve the economy have been studied and hotly debated ( http://www.usnews.co
m/opinion/blogs/econ omicintelligence/2012/10/3
1/the-science-ofgovernmentregulation )
CEOs kept all of their earnings when companies went bankrupt, with no penalties and no criminal charges.
Market Failure is an argument for the government regulation of business recognizes that a free market usually enables people to do the best that can be done.
Advocates of the “market failure” approach contend that there are some serious exceptions.
http://www.englishonline.at/economy/capitalism/capitalism-marketeconomy.htm
http://www.fee.org/the_freeman/detail/governmentregulation-of-business-the-moralarguments/#axzz2LZKdAX4V
“On The Duty of Civil Disobedience”- Henry David
Thoreau 1848
Inside Job (October 8, 2010)
Seriously the end.. Go away