Corporate Accountability in a Free Market

One of the most common arguments against the free market, and it’s as old as the birth of social crusades, is that corporations powered by greed will do anything to anyone to make a buck if the market is entirely unregulated. But it is regularly overlooked that a regulated market has even more possibility for corruption and greed than a free market does. Just look at the recent GM debacle revolving around faulty ignitions. GM was under the direct oversight of the civil government. GM was about Read more […]

GM is Alive; At Least Twelve GM Owners Are Not

For me, the most frustrating part of the massive bailout for the failing big businesses of America (like GM and the big banking interests) is not how much money the taxpayers had to shell out (though that was rather frustrating). It’s one simple fact—the bailouts propped up businesses that should have died. The bailouts rewarded mediocrity and punished excellence. I hate my bank—Chase. I used to be a very happy customer of Washington Mutual. Do you remember them? They had generally happy Read more […]