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"if the government bails them out what do you call it? its not fascism, maybe coroprate welfare? i think they're revelant."<br> <br> Look up "Mercantilism". It is a 16th-18th century philosophy based on the idea that the world's capital supply was fixed. This led to nation-wide protectionist policies, including government intervention and subsidies.<br> <br> This leads to a key basic: what you think should be done is largely driven by whether you think the world is a fixed-size pie or a variable-sized pie.<br> <br> * Fixed-size pie, and you have to focus on preventing some faction cornering any market by spreading the wealth around.<br> * Variable-sized pie, and you need to let those factions do their thing, because it will spill over and cause a rising tide.<br> <br> P.S. It does you good to read up on what John Adams and Alexander Hamilton thought about economics and how to what degree government should be involved.
By Greg

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