If A Company Is Too Big To Fail, Then...

iVillage Member
Registered: 08-19-2007
If A Company Is Too Big To Fail, Then...
3
Sat, 09-20-2008 - 12:29pm

If A Company Is Too Big To Fail, Then Isn't It Simply Too Big?



  • No. We need big companies because it concentrates power into fewer hands.
  • Yes. Break these conglomerates up. The economy needs more competition.


You will be able to change your vote.


iVillage Member
Registered: 08-19-2007
Sat, 09-20-2008 - 6:38pm
Bump.
iVillage Member
Registered: 09-09-2008
Sat, 09-20-2008 - 10:04pm

I suggest reading two books...


Supercapitalism by Robert Reich and Bad Money by Kevin Phillips.


The biggest reason why these corporations are going overboard is due to deregulation since the 70's.


Of course, every congress since then has done their level best to ignore the problem and now they can't ignore it anymore.

iVillage Member
Registered: 09-15-2008
Sat, 09-20-2008 - 10:35pm
I voted break them up, but since the Reagan era we really don't have too many conglomerates anymore.