Friday, March 13, 2009

quote for the day

"The only resource that's uniquely rooted in a national economy is its people -- their skills, insights, capacities to collaborate, and the transportation and communication systems that link them together. Everything else -- including capital, technology, designs, even plant and equipment -- can move around the globe with increasing ease."

Robert Reich
And they have, havent they?

Also, here's a question for the Free Market crowd: If the underlying reason that the market system works is "self interest", what makes any of you think that leaving the market unregulated wouldnt, by your own definition, lead to greed and unscrupulous behavior, which certainly falls under the heading of "self interest"? I mean, shouldnt self-interest be the reason for regulation?

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