It's
no secret that Americans are pretty distrustful of big business. And who can
blame us? Every day we hear horror stories of what big, heartless corporations
do. And this is despite the fact that things are 100x better than they were 100
years ago!
Of
course, as
I have written previously, we need people to follow their self-interest in
producing goods and making money in order to have a functioning society. The
reason we even have blogs is because some people realized they could make a
profit by investing large amounts of money to build a factory that produces
computers. When done properly, everyone benefits. Just as businesses use
consumers to their advantage, so consumers and society at large uses businesses
to their advantage. It's a symbiotic relationship of everyone pursuing their own self-interest and
everyone ending up the better because of it. That's why capitalism works.
But
capitalism also only works for society when its excesses are curtailed, and
I'll be darned if we don't still have problems in the US with how big business
does things. And in response to a Cracked article on the way banks mistreat
their customers, a fellow with the internet name mickeyten brilliantly summed
up the attitude that way too many Americans have. This attitude makes it that
much harder to solve the problem because it wrongly attacks consumers and
wrongly justifies businesses who do wrong.