Thank you for your many comments to my posts. It is not my intention to get
into an extended debate with any of you about socialism v. capitalism. I
think such a debate is about ends and not means and this forum is not
appropriate for such a debate.
Let me make a suggestion. I am not an economist or any other type of
academician, although I consider myself well read in a general sense. I am
a practicing corporate bankruptcy attorney. (My motto is capitalism without
bankruptcy is like Christianity without hell). I deal with corporations
every day, including putting them out of their misery. I am quite aware of
the "external" effects of private decisions in a very practical sense. Feel
free to take advantage of my perspective if you think it would be helpful to
advance your own understanding.
Take care,
David Shemano