Reply #9: "...Especially when they are obliged to do the opposite?..." [View All]

[Cal Carpenter]

Ding ding ding.

That's what is so frustrating about discussions about anything having to do with a kinder,gentler, more 'regulated' corporate system. In reality, the interests of the investors and the public are rarely aligned - certainly not the fundamental economic interests. It is the responsibility of the corporation to serve its investors. That is what it is there for. 'People power' can't compete with that - not in the market, not in the voting booth.

If we want certain institutions/industries to serve the public, they cannot be based in the capitalist market. Health care is now even MORE embedded in that market than it was before this 'HCR' bill. Look what's happening to education? And people here defend charter schools. We need to stop undermining the things that should exist for the public good!