Thursday, July 12, 2012
Government Motors
Matthew Boyle reports on it at DailyCaller.com:
"The Treasury Department’s actions during the auto bailout caused 20,000 non-union workers from Delphi to lose most of their pensions. Delphi, a GM company, is one of the largest automotive parts manufacturers in the world. Its workers lost their pensions when the government bailed out GM. While those non-union Delphi workers lost nearly their entire pensions, United Auto Workers union members’ pensions were topped off and made whole."
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How much credit for create a society with the rule of law?
None. Government doesn't create society, it's the other way around. As Paine put it, "Society in every state is a blessing, but government, even in its best stage, is but a necessary evil; in its worst state an intolerable one." Bastiat's The Law is a longer essay on the topic, especially section 35, "A Confusion of Terms".
The same could be said for several other things on the list.
Depending on the context, you should differentiate between "society", "politicians", "bureaucrats", "enforcement officials", and "contractors". Each faces different incentives, and their level of success varies accordingly.Lean Manufacturing Certification
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None. Government doesn't create society, it's the other way around. As Paine put it, "Society in every state is a blessing, but government, even in its best stage, is but a necessary evil; in its worst state an intolerable one." Bastiat's The Law is a longer essay on the topic, especially section 35, "A Confusion of Terms".
The same could be said for several other things on the list.
Depending on the context, you should differentiate between "society", "politicians", "bureaucrats", "enforcement officials", and "contractors". Each faces different incentives, and their level of success varies accordingly.Lean Manufacturing Certification
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