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- From: jmann@vineland.pubs.stratus.com (Jim Mann)
- Newsgroups: ne.politics
- Subject: Re: Ignorance - Was Re: VOTE, BABY, VOTE!
- Message-ID: <1e8qljINNgob@transfer.stratus.com>
- Date: 16 Nov 92 18:52:35 GMT
- References: <F+F=3z-@engin.umich.edu>
- Reply-To: jmann@vineland.pubs.stratus.com
- Organization: Stratus Computer Inc, Marlboro MA
- Lines: 37
- NNTP-Posting-Host: gondolin.pubs.stratus.com
-
- In article <F+F=3z-@engin.umich.edu> jwh@citi.umich.edu (Jim Howe)
- writes:
- > Businesses generally manage resources better than the government.
- > Businesses waste resources only where government gives them
- incentives
- > to do so.
- >
-
- This just isn't the case, unless you are defining "resources"
- very narrowly. Yes, business if far less likely than government
- to waste resources in the short term. Business is far less
- likely than government to design a procurement system that
- results in $200 toilet seats. However, business is far
- less likely to worry about things like what resources are
- available 50 years from now.
-
- Business is also far more likely to maximize resources to their
- benefit, not the benefit of society as a whole. Sometimes the
- governement has to step in to look at things that may help the
- long term good of our society. Just to take the farming issue:
- the country is probably better off long term if we have a large,
- diverse farming base, which includes a number of small family farms.
- (As an aside, I'm always amazed that all these folks who like
- to quote the Founding Fathers seem to forget that they--Jefferson,
- in particular--felt that having many, many farmers was the only
- way the nation could truly be free.)
-
- Or, to take another issue: it may be in the short term interest
- of GM (to increase their bottom line over the next few years) to
- move manufacturing jobs out of the US to Mexico. However, too
- much of this can hurt the US economy as a whole (and later
- come back to hit GM, when not as many Americans can afford to
- buy as many cars).
-
- --
- Jim Mann
- Stratus Computer jmann@vineland.pubs.stratus.com
-