The Firm's Partners (CEOs)?? Well, why trust these law partners to
adequately share the firm's wealth/earnings with the workers any more
than we should trust Corporate CEO's to do the same? Why don't law
firms permit their employees to unionize, especially those firms that
represent unions? Answer: they are hypocrites.
My guess is that the majority of lawyers in the US are liberals/Dems.
The ABA and lawyer lobbies support, primarily, the Dems and liberal
causes. . .except, I suppose, when it comes to their own pocketbook.
mr dude
Because after they kill their hosts, they themselves die.
mr dude
Their hosts aren't dead at all. Government, for example has been
growing robustly.
That's a problem.
Unlike the private sector, when government gets inefficient, it doesn't go
out of business, not until it's so inefficient that it kills off the private
sector too.
I've heard that theory a lot, and it makes some intuitive sense.
However I'm wondering if you have an actual example where this has
happened in the real world?
When it happens, a government falls.
The best example is the collapse of the Soviet Union (although they had no
private sector).
All they had was a military sector. As you say they never had a
private sector to kill off, so they aren't much of an example.
Size of government in capitalist democracies is generally self-
limiting because when things get overbearing a consensus arises to
shrink the public sector. Look at European politics - you can see that
cycle happen over and over.
I can't really think of a good example where there was actually a
collapse of such a government due to economic failure. Maybe the
Weimar Republic, but they had ruinous war reparations and tremendous
political instability inherited from WWI.
>
> I can't really think of a good example where there was actually a
> collapse of such a government due to economic failure.
Detroit pre-bail out.
mr dude
::All they had was a military sector. As you say they never had a
::private sector to kill off, so they aren't much of an example.
That is not true. The Soviet military took up 20% of their GDP.
That's still a big chunk though. During much of the Cold War, military
spending in the US was about 6% of GDP.