Capitalism comics
Man: 13 people died cuz we refused to replaced a faulty ignition switch.
Man 2: How much would it have cost per car?
Man 1: 90 cents
Woman: Pretty bad.
Man 1: Yeah
Man 3: That's the premium ignition option only $200.
Capitalism is designed to maximize profits, and capitalists will do whatever they can to maximize profits within what they are allowed to do. If they are allowed to make dangerous products for a profit, they will. I’m not opposed to markets; most of the time markets work well. But markets need some kind of regulation to restrain the impulse of capitalism to maximize profits no matter what.
A little historical study will show that counter examples are too numerous to detail. You could start with Ralph Nader’s “Unsafe at Any Speed”, since we’re talking about cars, but you can go back to the muck-rakers of the early twentieth century for other examples.
echoraven about 10 years ago
Could not be any more “spot on”.
lonecat about 10 years ago
Capitalism is designed to maximize profits, and capitalists will do whatever they can to maximize profits within what they are allowed to do. If they are allowed to make dangerous products for a profit, they will. I’m not opposed to markets; most of the time markets work well. But markets need some kind of regulation to restrain the impulse of capitalism to maximize profits no matter what.
lonecat about 10 years ago
A little historical study will show that counter examples are too numerous to detail. You could start with Ralph Nader’s “Unsafe at Any Speed”, since we’re talking about cars, but you can go back to the muck-rakers of the early twentieth century for other examples.
Motivemagus about 10 years ago
The question is if they are stealing them because they want the cars — or if they want the parts to FIX their cars!
rossevrymn about 10 years ago
The real fact is that the cost is pennies plus the labor cost to replace. Just being really real.