Here in the U.S., we celebrate unrepentant capitalism. Conservatives constantly ward against punishing success with higher taxes. Friedman and Greenspan followers across the land espouse unfettered, free market ideals.
Now, an unprecedented lack of regulation has brought many of these bastions of unfettered success to the brink of failure. Despite greedy management and poor decision-making, our government has deemed AIG, Citibank, and probably the Big Three too big to fail.
Question: Why should we allow these corporations to grow so big they hold the U.S. (and, thus, global) economy hostage? Why should we promote free markets that allow these corporations to be rewarded with tax payer money for years of shitty operations?
I understand the government must do what it must and shore up these weak giants. Wouldn’t it be prudent (I hate that word), however, to exert regulatory measures that prevent these corporations from being able to hold our country by the balls? From continuing this Corporatocracy of America?