It's not pure capitalism. It's mixed economy. With pure, proper capitalism, the government wouldn't be able to take any part in the matter - unless there was fraud, theft, etc.
Not so long ago it was Apple and Microsoft (among others) who were the up-and-comers challenging the overwhelming market dominance of IBM and HP. They didn't lobby government for leverage or laws, they went ahead with their product combined with great marketing and business approach and did extremely well. It is improbable but not impossible.
I see a lot of people (not you) advocating the elimination of capitalism in the comments of this article; it's important to think deeply and consider the negative consequences of eliminating private property and contract laws from the economy, but that is a major discussion on it's own.
I believe that ethical and moral issues in corporations are a symptom of a cultural and philosophical problem, and that what we need is a cultural and philosophical revolution - outside of government intervention.
One of the benefits of proper capitalism is that you are free to set up your own business, hire only US workers, and advertise that you do so. You may even be able to produce at lower cost than those companies you resent so much. You are also free to "boycott companies who outsource."
Ethics and morality are absolutely compatible with capitalism. The issue with ethics and morality in business is a cultural and philosophical one; not an economic one.
And please read up on the definition of capitalism: http://dictionary.reference.com/browse/capitalism "An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market."
Also: "An economic and political system characterized by a free market for goods and services and private control of production and consumption. (Compare socialism and communism.)"
Maybe take a look at the performance of your hard disk; I like to upgrade mine every couple of years, and when switching from a HDD ~3 years old, to a new one (Say, Western Digital 640GB 6400AAKS) you'll notice a significant improvement in load times.
It is important to take the entire lifecycle into account when measuring CO2 emissions.
While it may be true that biofuels can [potentially] result in 75% less emissions at the exhaust pipe, it's important to factor in the emissions from the process of producing, harvesting, refining, etc when making a comparison to fossil fuels. Excluding emissions from the product lifecycle when making an argument for biofuels is very misleading.
Re:Notice how it's not "My Computer" anymore?
on
Vista is Watching You
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· Score: 3, Funny
With the new vista tech, it definitely doesn't ACT like my computer anymore.
I'd +5 informative you if I had the mod points.
The whole article+original experiment reads like a junk-study. The kind of study which people which people quote and reference to support their biased [in this case, a potentially anti-T] agenda.
Slashdot Mirror
It's not pure capitalism. It's mixed economy. With pure, proper capitalism, the government wouldn't be able to take any part in the matter - unless there was fraud, theft, etc.
Not so long ago it was Apple and Microsoft (among others) who were the up-and-comers challenging the overwhelming market dominance of IBM and HP. They didn't lobby government for leverage or laws, they went ahead with their product combined with great marketing and business approach and did extremely well. It is improbable but not impossible.
I see a lot of people (not you) advocating the elimination of capitalism in the comments of this article; it's important to think deeply and consider the negative consequences of eliminating private property and contract laws from the economy, but that is a major discussion on it's own.
I believe that ethical and moral issues in corporations are a symptom of a cultural and philosophical problem, and that what we need is a cultural and philosophical revolution - outside of government intervention.
One of the benefits of proper capitalism is that you are free to set up your own business, hire only US workers, and advertise that you do so. You may even be able to produce at lower cost than those companies you resent so much. You are also free to "boycott companies who outsource."
Ethics and morality are absolutely compatible with capitalism. The issue with ethics and morality in business is a cultural and philosophical one; not an economic one.
And please read up on the definition of capitalism: http://dictionary.reference.com/browse/capitalism "An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market."
Also: "An economic and political system characterized by a free market for goods and services and private control of production and consumption. (Compare socialism and communism.)"
Maybe take a look at the performance of your hard disk; I like to upgrade mine every couple of years, and when switching from a HDD ~3 years old, to a new one (Say, Western Digital 640GB 6400AAKS) you'll notice a significant improvement in load times.
It is important to take the entire lifecycle into account when measuring CO2 emissions.
While it may be true that biofuels can [potentially] result in 75% less emissions at the exhaust pipe, it's important to factor in the emissions from the process of producing, harvesting, refining, etc when making a comparison to fossil fuels. Excluding emissions from the product lifecycle when making an argument for biofuels is very misleading.
With the new vista tech, it definitely doesn't ACT like my computer anymore.
I'd +5 informative you if I had the mod points. The whole article+original experiment reads like a junk-study. The kind of study which people which people quote and reference to support their biased [in this case, a potentially anti-T] agenda.
Ha nice, +5 funny +5 informative ;P