Quote:
Originally Posted by Willravel
Her theories on economics are essentially an incarnation of free market capitalism; she was anti-left and pro pseudo-libertarianism. This is important because a lack of government oversight may have been at least partially responsible for the recent market failures.
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More oversight seems like a good idea until one considers the ethics of those who will appoint the overseers. It is sad when one considers that unchecked capitalism will not work and capitalism checked by our polititians is not much better. The captains of industry and our polititians seem to do very well regardless of the state of the economy.
Wouldn't it be great if a system could be implemented where those responsible decision makers in power would take a lion's share of the losses.