Posts Tagged ‘corporations’

My emotional reaction to the US debt US debt is illustrated by the lists below. Please do not attribute the selfish nature of my lists below to my overall selfishness. I assure you that I am as selfless as an empty flower pot.

(These lists go from least important to most important.)
Things that I want to exceed my imagination:
7. The durability of my car.
6. My sex appeal.
5. My wife’s sex drive.
4. The popularity of my writing projects.
3. The balance of my savings account.
2. My good health.
1. The overall happiness of the entire world.

Things that I don’t want to exceed my imagination:
8. The amount of damage my parrot can do with his beak.
7. My megalomania.
6. My waistline.
5. My wife’s waistline. (She’s probably going to proofread this, wish me luck.)
4. The price of gas.
3. The instability of the economy.
2. My health problems.
1. The debt of the USA.

Jokes aside, the reason the debt of the USA is #1 for things that I don’t want to exceed my imagination is simple. I’m living in the USA. Almost all of the things that keep me happy and allow me to function as a member of modern society depend on the nation I live in.

I become concerned when the government can be compared to the victims of the sub prime mortgage crisis. It just doesn’t have the money to cover its obligations. The thing that makes this crisis all the more confusing is that instead of being in debt to a bank, it’s mostly in debt to its citizens.

Companies could take over the duties of governing and providing services if the nation went under, but history suggests that they do not care for my wellbeing even a fraction as much as the government does.

I don’t believe that corporations are inherently evil. Our current growth-based economy has no incentives built into it that would cause companies to care about my happiness. They do have to worry about whether I’ll buy their products, but that is only if I have a choice in the matter. Without a government to enforce antitrust law, what’s to stop them from taking away my choices? That thought bothers me and that is one of the many reasons why I want the government to survive this crisis. A crisis so big that I can’t even completely fathom it.

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