Ralph Nader interviewed by Pat Buchanan, here. Boo-ya. (Link via Volokh.)
This entry was posted on Wednesday, June 30th, 2004 at 15:06 by olly and is filed under Uncategorized.
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I like the first part of this paragraph:
“Concentrated corporate power violates many principles of capitalism. For example, under capitalism, owners control their property. Under multinational corporations, the shareholders dont control their corporation. Under capitalism, if you cant make the market respond, you sink. Under big business, you dont go bankrupt; you go to Washington for a bailout. Under capitalism, there is supposed to be freedom of contract. When was the last time you negotiated a contract with banks or auto dealers? They are all fine-print contracts. The law of contracts has been wiped out for 99 percent of contracts that ordinary consumers sign on to. Capitalism is supposed to be based on law and order. Corporations get away with corporate crime, fraud, and abuse. And finally, capitalism is premised on a level playing field; the most meritorious is supposed to win. Tell that to a small inventor or a small business up against McDonalds or a software programmer up against Microsoft.”
The contract section is a little shaky – after all, anyone can choose not to sign the contract. But it would be nice to be able to negotiate sometimes. The level playing field bit sounds good, but what’s Nader going to do to level it? Blow up the corporate skyscraper so everyone can stand on a level field of rubble?