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| Re: “Gov.” Hochul announces NYC subway crime reaches record lows (1643789) | |||
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Re: “Gov.” Hochul announces NYC subway crime reaches record lows |
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Posted by steamdriven on Sun Sep 14 17:38:50 2025, in response to Re: “Gov.” Hochul announces NYC subway crime reaches record lows, posted by Jackson Park B Train on Sun Sep 14 14:59:33 2025. "because NO stockholder driven enterprise can ever be trusted to operate in the public interest"Oddly enough, Adam Smith agrees with you. His free marketplace was constrained by moral written into laws, it wasn't a freestanding ideology and, a key bit, he didn't expect it to usher in a new age which created a new human nature. What he did grok is that exactly those private corporations, whether stockholder owned (and this with liability shuffled onto an abstract thing rather than a person) or real person directly owned were the engines that could pull an entire nation out of scarcity. Society has to provide the tracks, or the engine will simply go with no regard to anything but motion. Adam Smith was right for 17th century England, because they had a social contract, the concept and to some extent the practice of impartial laws, smallholder rights and so forth. Paste the same thing onto an amoral society and the results are probably going to be interesting. Interesting, but not pleasant. |
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