Comments by "Harry Mills" (@harrymills2770) on "Mutiny in China – A Country on the Edge of Collapse" video.

  1. In a FREE MARKET, greed makes corporations act responsibly. Morality is transactional. You get return customers by treating people right. People become more prosperous. As people become more prosperous, they worry about higher rungs on Maslow's Ladder. Environmental responsibility becomes a selling point. Fair treatment of workers and customers becomes a selling point. When consumers have choices, they will patronize the more responsible companies. This is how we went from living in caves to modern, industrial society. But governments had to stick their noses in, invariably AFTER the public made change inevitable by NATURAL means. But to make itself look good and get politicians elected, the government would come in with a giant bureaucracy to make sure that certain MINIMUM standards were met. What do we get? We get minimum standards. Nobody trying to do things better. Everybody trying to find loopholes in the laws and regulations so that they can employ bad practices, but no one can touch them, because they're "in compliance." In a free market, higher standards are arrived at, organically. You don't have everybody trying to satisfy a minimum. You have everybody setting themselves apart from the rest by striving for a MAXIMUM. In the USA, which is trending AWAY from free-market capitalism, with government intervening into everything, it's much harder for new, better, more moral operations to even get off the ground. Look at air travel. Has it really gotten any better because of the FAA? No. What happened was a handful of companies that knew how to "play the game" end up monopolizing the air travel industry. We used to have HUNDREDS of small, medium, and large air carriers. Now? We have an oligopoly. Same for the auto industry. Same for the tech industry.
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