tag:blogger.com,1999:blog-5048405844159177205.post4726835728328105909..comments2023-10-24T09:02:49.903-05:00Comments on The Dimming Torch: Zakaria's Capitalist Manifesto falls shortMatthttp://www.blogger.com/profile/13856294228614073546noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5048405844159177205.post-13574337267387494362009-06-24T02:02:21.445-05:002009-06-24T02:02:21.445-05:00Nate that is an excellent analogy! I wish Zakaria ...Nate that is an excellent analogy! I wish Zakaria would have had that pointed out to him.Dr. Matthew Wionhttps://www.blogger.com/profile/06250689234468638382noreply@blogger.comtag:blogger.com,1999:blog-5048405844159177205.post-16602785078863743942009-06-24T02:00:04.322-05:002009-06-24T02:00:04.322-05:00I think there is an important analogy between a) c...I think there is an important analogy between <b>a)</b> corporations operating in a minimally regulated market where production is substantially subsidized by the government and where legislation (such as trade agreements, copyright laws, patents, etc.) is written to favor current business practices and models, and <b>b)</b> Plato's story of the ring of Gyges, in Book II of the <i>Republic</i>. In both scenarios, there is no incentive whatsoever to treat the other with respect and dignity and every incentive to exploit, since the conditions are such that the agents involved can live without having to suffer any consequences for their actions.Nathan M. Blackerbyhttps://www.blogger.com/profile/13324322162620137133noreply@blogger.com