Hating Big Business
People love to hate big business. This envy is a natural feeling towards an object that has wealth. Someone who is wealthy is a threat to the well being and self interest of others. Envy can be harmful to a society.
People think big business has too much power. It is true. Big business has the financial clout to buy votes in congress. But big business has less power than the State, so why do people hate big business more than they hate big government? People want to punish big business and reward big government. Big government seems to be the new god to so many people.
Big business fails and is replaced without violence and horror. Try replacing a big government without violence and horror. It rarely happens. Of the original twelve companies that made up the Dow Jones Industrial average index, only one survives, General Electric. Capitalism has a way of controlling big business, even if one becomes a monopoly.
Think of how many big and small governments have been replaced since the founding of the Dow Jones Index in 1896, and think of how much blood was spilled to accomplish the overthrow of big government. It is rare to find a big government that was broken and replaced by peaceful means. Big governments only operate with force and aggression. There is nothing voluntary about big government. The free market is voluntary and does not operate with force and aggression. If it does it is not a free market.
"The contrast between government and business power is striking. The largest company cannot tax you; the smallest unit of government can. The most profitable corporation cannot throw you in jail; the smallest municipality can." Murray Weidenbaum
Bilbo Baggins
May 2006
posted by Charles Tolleson @ 10:50 AM
1 Comments:
Hi Bilbo - I enjoyed reading your post on big business v. government. You made some valid points, but I wonder why you left out any mention of corruption. Both government and big business are corrupt to the very bone. Take a look at Walmart some time - it's the largest retailer in the world, yet many of its employees have to get government assistance and food stamps to support their families and at least 600,000 employess do not have health insurance. Its true that Walmart isn't able to levy a tax, but they certainly do run peoples lives. I'm just using
WM as an example, most other companies treat their employees the same way. Well, that's my two cents worth.
Enjoyed reading your blog - good effort!
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