"Too big to fail" means the government is screwing you overIt's a bloody fingerprint
I've been researching a new theory. I haven't
proven it yet, but I'm willing to accept it as a working
rule.
You know that monopolies are dependent on government force. Well, as nearly as I can tell, "too big to fail" only happens when the government tried to control the free market and limit individual choice. Maybe I should have said "tried and failed to control the free market," but I can't find an example of government successfully controlling the free market for more than a very short time. Although there are plenty of examples of government control driving prices up and availability of products and services down. So here's the theory. "Too big to fail" perfectly illustrates crony capitalism or mercantilism, Politicos and bureaucrats tried to hand a "competitive" advantage to a selected company, and when that inevitably failed, those same government idiots blamed the very free market that they tried to subvert. Please, prove me wrong. Posted: Mon - June 7, 2010 at 01:25 PM
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Pagan Vigil
Pagan philosopher, libertarian, and part-time trouble maker, NeoWayland watches for threats to individual freedom or personal responsiblity. There's more to life than just black and white, using only extremes just increases the problems. My Thinking Blogger Nominees
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