I just read an article at the Huffington Post from Alec Baldwin.
http://www.huffingtonpost.com/alec-baldwin/this-crisis-is-an-opportu_b_602640.htmlIt states the possibility, that BP as a company might cease to exist, due to all the fines and settlement costs and clean-up costs...
To me, this statement brought up some questions:
Would oil companies be able to reach their goals (concerning providing jobs, wages, profit) without corruption at the Minerals Management Service?
If a company's well-being and day-to-day-work depends on the corruption of a federal agency, is that still free-market capitalism?
If a company operated for years on corruption, how could you say, it were operating in a free market?
We must never forget all the people working for BP, their lives depending on their jobs, but if the monetary damage really kills BP:
Why not adhere to the
holy teachings of free-market capitalism? If a company can't sustain itself, let it die.