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Or we can not socialize either and let companies who make poor decisions fail.

• biohacker42 18y ago
  If their failure hurts us more then not allowing them to fail, then we should really be rational. But bailing everyone out who's too big to fail just encourages them to get big. So as the above poster said, we should have an almost automatic break up, or be nationalized law when ever anything gets "too big to fail"
  • Prrometheus 18y ago
    I don't think anyone that is now arguing that some firms are too big to fail are also arguing that we would have been better off if those firms were run by the government in the intervening decades in which they did not fail.
    • biohacker42 18y ago
      I should clarify what I left unspecified. By nationalize I mean the government would take over, and then slowly but steadily shut down operations. This would allow smaller competitor to take up the slack. It would also encourage companies to break up rather then be nationalized, it wouldn't be much of a choice.
      • netcan 18y ago
        You wouldn't need to nationalise them. You'd just need the equivalent of antitrust legislation.