Would corporations be the tyrannical monsters they are today without the help...

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jennatellwertz

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...of trickle down economics? Was it Reagan's Laissez faire attitude towards big business that allowed them to fleece us of our retirements?
 
First: I'm a true Blue Democrat and Liberal. That being said, what makes America the engine of the world's economy is the narrow line we walk between government regulation and laissez faire economics. We're a nation of people who believe that each one has an equal chance at striking it big. It's always been that way for us and it will always be, no matter how unreasonable it is that we'll all succeed the same. Sure, that means that once in a while we get carried away and let our corporations run amok. But it also means that we're always actively working toward more efficient means of profit. As great as it sounds, no centrally planned economy has ever created something as powerful or evolutionary as the United States. Your retirement account will recover - hopefully by the time that you need it - and that's because Americans won't ever give up on creating wealth.
 
It comes down to a combination of corporate greed and a lack of adequate government oversight. I think it's a great lesson in how pure capitalism is not the most desirable economic model.
 
It comes down to a combination of corporate greed and a lack of adequate government oversight. I think it's a great lesson in how pure capitalism is not the most desirable economic model.
 
It comes down to a combination of corporate greed and a lack of adequate government oversight. I think it's a great lesson in how pure capitalism is not the most desirable economic model.
 
It comes down to a combination of corporate greed and a lack of adequate government oversight. I think it's a great lesson in how pure capitalism is not the most desirable economic model.
 
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