The reason I dislike pure free-market #capitalism is that it invariably leads to decisions being made by accountants that should instead be made by scientists and engineers. When this happens, people tend to die.
Since the capitalist typically doesn't suffer these consequences directly, the only factor that ends up mattering is what it does to their balance sheet.
Strong regulation can translate these human costs into financial ones. To those who argue against this approach, I submit that the only alternative solution to the problem is decidedly... less kind.
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Jonathan Lamothe
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