Originally posted by: BansheeX
Originally posted by: fleshconsumed
Proof unbound capitalism doesn't work. Personal gain trumps concern for other people.
What you're referring to is anarchy, not capitalism/socialism. Capitalism/socialism is merely referring to who controls property, its earner or the community via the government. It also can be used to refer to programs which effectuate one or the other. We are 50% socialist and growing, get it through your skull.
The government does have a purpose even in capitalist libertarian models, and that is to protect rights from being infringed and provide recourse when they are via courts. There's nothing capitalist about what the guy did, he standed to gain nothing but losses and jail time from it. His company will now be sued by the families of those who died and any miniscule profits he may have been trying to save will be dwarfed by the restitution he will be ordered to pay. If we were living in a system that was only socialist to the extent that libertarians want, this is still what would have happened. A businessman with no government aid can only sustainably make a profit by being concerned with what people want, this was not a profitable decision and he shouldn't have made it if he was a smart capitalist.
No, that doesn't bring back the people who died, but you cannot prevent this stuff from occasionally happening anymore than you stop murder. Do you want the government to lock us all in our basements just because it will reduce the murder rate to 0? Do you want the government to allow only the safest cars to be sold and price everyone but the super rich out of the market? Regulations can have costs that outweigh the benefits. The most difficult thing for socialists to understand is that allowing cheap cars in which more lives are lost is actually better in the aggregate in a system where less lives are lost but no one can afford easy transport. All they can do is imagine this perfect utopic system in which no costs exist, politicians have no greed, we all work for a pot that's divied between us without bickering about what to make or who deserves more, and we all just sing effing koombaya all day in Cuba. What in your grand socialist wisdom should we have done differently? Your socialist FDA already failed. How much more expensive should we make food to increase its safety? Should we have one government inspector per peanut? That will cost each family $5billion a year please.