|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|
Would you be opposed to the government participating in the capitalist system?
Would you be opposed to the government owning and operating businesses that did not control the whole market, but helped provide jobs and additional money to assist with the removal of our deficit?
Yes. the role of gov't is to regulate markets and facilitate a level playing field, not to participate in them. Here is why...
Imagine you open a lemonade stand. And across the street the gov't opens one as well to compete with you. Some would assume that the competition is a good thing because that's what makes a free market work. The problem is that you will price the sale of lemonade based on numerous factors. One paramount factor is the overhead you incur. What it costs you to operate the lemonade stand. Since you have a finite amount of capital to invest in the lemonade stand you must consider all of these variables in setting prices. On the other hand, the gov't has no overhead. That is because gov't is funded by the tax revenue generated from private activity such as your lemonade stand. So every dollar that the gov't spends on the overhead to operate this lemonade stand is paid for by you. You ultimately must pay for your own costs, as well as the costs of your competitor.
This is inherently why gov't is inefficient. The costs you incur affect you greatly. You as a business owner must carefully evaluate how you spend each dollar you raise. However the gov't doesn't spend money carefully because they can simply tax you more when they need more. They can operate with no real overhead, and still drop prices below where you can afford to sell your lemonade. It won't matter if the gov't turns a profit. That's not what they do. When they need more money....they'll take it from you. Eventually you won't be able to compete with a competitor who can lower prices below what you can afford to charge while you pay for their costs. Once you're out of business, the the gov't will be the only one selling lemonade on your corner and brag about what how bad the private participants in the industry were. In the meantime they'll tell the public how fortunate they are that the gov't is here to sell lemonade because the private sector couldn't handle it. And without gov't...we'd all be dying of thirst. And they'll be even less incentive to serve it well, because they'll have no competition anymore.
This is how numerous industries have been destroyed by the gov't crowding out private investment and eventually destroying the quality of the product sold or delivery of the service rendered.
But what if the government was prevented from overcrowding the industry and could only control say 5% of the total business for that service or product? hypothetically speaking...
It wouldn't work because it doesn't change the dynamic of you still paying for your competitor. Plus who regulates the gov't ??? Another Gov't ???
The liberal in me shouts "let them play, too". But the even more liberal me says it would be a conflict of interest, because they/it should be *regulating* the market(s)!
Flat out NO. The government is already in bed with business. It's called corporatism and it is detrimental to the free market as it allows the government to pick and choose winners and losers. It causes an unfair playing field rather than a fair one. The government, especially on the federal level, has no right to be involved in business except in very limited regulations that are, for the federal government, enumerated in the Constitution. Allow free markets to be actually free and you see more prosperity, not less.
by Holle Abee6 years ago
I'm ashamed to say it, but the cops here in GA have shut down a lemonade stand run by kids on private property. It happened in Midway, which is near Savannah. What a shame!http://www.usatoday.com/news/offbeat/20...
by Georgiakevin8 years ago
I simply do not understand why people are fighting health care reform. I have heard the arguments against it and I keep saying how is that worse than being held hostage by the insurance companies? My insurance cost...
by Grace Marguerite Williams4 years ago
liberal within the next 50 to 150 years in terms of the sociopolitical and sociocultural indicators such as marriage, gender roles, religion, the role/definition of family, LBGT issues, sexuality, social programs,...
by jaydawg8084 years ago
Have you ever sold or made a lemonade stand as a child?
by mrnasir5 years ago
Choose a name,you think is a better system and tell at least one reason of choosing.
by Don W8 years ago
Is "sustainable capitalism" an oxymoron? Can a sustainable model for capitalism be found?
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.