eponymous wrote:The point of my post is that I feel a gouging coming by legislative mandate. When I have a choice to not be gouged or to at least limit the gouging by free market pricipals so be it.
You have no choice either way, and there is no such thing as a free market, has never been one in this country. This is a battle between govt's and huge corporations, we sit on the sidelines and get gouged either way. It is funny to me how corporations are able to have complete control of our govt and our society, and when govt struggles against that control, they are the evil ones.
Corporations are increasingly becoming unaccountable to anyone, even their shareholders. The biggest ones are anti-competitive, they try to kill the markets they exist in, seeking control not by outcompeting or being the best, but thru hostile takeovers, economies of scale, and other anti-competitive behavior that should be illegal. Are those corporations who you seek to answer to? Who you would like to dictate your choices to you?
It is a lesser of two evils in this equation, the free market is defined by corporatism, and it is no panacea. It created the robber baron era and the great depression before govt fought back and busted the trusts and by waging war, or putting most everyone in the govts employ, brought us out of the depression. Since then, most of the scientific and technological advancements in this country were discovered by NASA and the military, or private companies working on contract for the govt. What exactly has the free market given us in the way of true innovation since the automobile? Pure R&D doesnt turn a profit, it wont happen by the free market alone until its too late.
The question I ask myself is: should we steer the ship now, trying to disrupt the economy as little as possible while still realizing the paradigm shift we need to realize or do we let the shortsighted markets keep plugging away until we see the wall coming and try to radically steer ourselves out of harms way, causing severe disruption to the global economy. Whether this comes by the end of oil or catastrophic weather events is irrelevant, which is why I say dont worry about the scenarios. There is one scenario that is a guarantee, oil will run out, so will natural gas, and so will coal, and they all pollute, CO2 notwithstanding.