01-10-2016, 11:24 PM
(01-10-2016, 07:32 PM)fredtoast Wrote: Companies do not even value their own continued existence anymore. They will make decisions that will lead to their own eventual failure as long as they get immediate short term gains.
Then they are replaced my n ew companies that will do the same thing.
That's not a failure of capitalism, that's a result of less than perfect information.
You can't or won't go inspect the kitchen of a restaurant, it's storage policies, etc...You would have no clue if a manufacturer is polluting the water, especially in another state. If you knew those things, presumably neither you nor anyone else would ever buy the product. But you can't know those things, so we have regulation.
And you're falling for the left-wing meme that companies only care about the short-term. That usually hammered home by people who've never spent time in a Board meeting and have no real concept of how and why decisions are made.
