- Dec 30, 2004
- Total Time
I wasn't around to see how things were under regulation. What would be the pros + cons of bringing back regulation?
I dont think capitalism is the right word to describe the airline industry. Im no civics expert, but I always understood capitilism as the ability/right of anyone to make and market a product for profit, thus the best product should reap the most rewards.HoursHore said:Asking for Re-regulation is like asking for the Atom Bomb to be
un-invented, and just as useful.
Its been good for consumers and well managed airlines. Just as capitialism has been good for consumers and well managed companies.
Eventually, some cities are going to lose service from majors, and some one like Great Lakes will swoop in to re-provide service.
Like my 10th Grade economics teacher said, "the problem with capitialism is that it has losers." Not every one can win. And todays winners may be tomororrow's losers
Ben Dover said:Re-regulation? Sorry to say it, but BAD IDEA!!!
The sick members of the herd need to be allowed to die. Then the balance of the herd will be healthier.