Re:Software Is Eating the Job Market
by merpnderp on Tuesday June 09, 2015 @03:18PM
(#9687981)
Only in the corporate welfare system we have today (see Chevrolet bailout). Without corporate welfare in the forms of subsidies, bailouts, and regulations, companies like Telsa would be destroying the major auto manufactures. What old major companies would still be around without un-capitlistic like interventions from the government?
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Re:Software Is Eating the Job Market
by juliangregorian on Tuesday June 09, 2015 @03:35PM
(#9688072)
No, it was true for East India, it was true for Standard Oil, and it's still true today. Much of regulation was intended for the protection of consumers, not to cement incumbents, and the subversion of the same is evidence of capitalism's predatory nature.
Businesses continue their regulatory capture in the US. The line between corporations and government grows thinner every time a burdensome regulation is created that only companies with significant resources can follow.
http://news.investors.com/ibd-editorials/060815-756320-domin...
Re:Software Is Eating the Job Market
by juliangregorian on Wednesday June 10, 2015 @03:25AM
(#9690523)
Of course they do. This is not unique in history or in the US. This is simply capitalism working as intended.
What did you think Tesla would do after they finished "destroying the major auto manufacturers"?