Bhairitu, you are plain nuts. To solve a problem, one has to look at the root of the problem. For some peculiar reason, you are refusing to address this.
You keep putting the blame on capitalism, when the real villain is consumerism. You can easily defeat consumerism with a simple progressive consumption tax regime. This idea deserves to be sold. All radical ideas need some selling the beginning because mind has a tendency to become dogmatic. I wonder why you reject this idea? The peoples party in Norway get 90% of its income from the government. A lot of indians try to invest in US itself. The Chinese on the other hand, dutifuly send money home. I was in kerala in 1998. It became really bad in the early 2000's. Kerala was known for 'general public strikes' called "bandhs". Even in the 80's it was difficult for private businesses. Old timers tell me that things were very different in the 1950's and 60's. It was far more self-sufficient. On 03/27/2015 01:43 PM, jason_green2@... mailto:jason_green2@... [FairfieldLife] wrote: Actually, this is an old issue. Remember Standard Oil which was broken into 6 companies. Artifically big banks can be broken into manageable units. --- <noozguru@...> wrote : Mergers and acquisitions are a craze in the business community. When our company went public we were "encouraged" to buy some smaller companies. Big mistake as we were having problems managing our company as it was. Then there was the "blues" of the people who worked in the smaller company who didn't want the owner to sell out and liked working there as it was. IBM tends to spin off successful units as they did with Lexmark and Lenovo. That probably was because of an anti-trust suit against them years ago. When you merge a company duplicate positions in the acquired company get laid off. So it creates more unemployment. The big banks are out of control and malicious. Try arguing with their case workers as I did for a mistake they made. Kerala at one stage had become so moribund, even rice had to be imported from neighboring provinces. Only after the unruly unions were reined in, things began to get better again. --- <noozguru@...> wrote : When was this? I was there in 1996. Indians in US send no shit home. Remitances from the middle-east give kerala a financial flexibility. --- <noozguru@...> wrote : Really? I know Indians that send money home. I think I told you a hundred times that the political funding issue needs to be sorted out first. First things first. --- <noozguru@...> wrote : You can tell me all you want but I won't buy what you're selling. :-D It was the East India company that wrecked india from 1757 to 1857. The british govt took over in 1857, but it was too late. --- <noozguru@...> wrote : East India Company was a British company. The same one our founding fathers rebelled against. --- <noozguru@...> mailto:noozguru@... wrote : You so don't understand. I'm not advocating socialism just condemning lassiez-faire capitalism or "capitalists gone wild!" Surely you don't think that "too big to fail" banks are a good thing, do you? Or have you been brainwashed by some business school bullshit, perhaps MUM economics? And what did you think of Kerala when you were there? :-D BTW, lots of Indians works all over the world and send money back home. India was under foreign domination for centuries and when they got the country back the fascists took over. They're still trying to sort that out. The country is too big and needs to be more state thus regionally focused. It's still run by oligarchs.
