In response to:

Keeping Business Honest

oldnjal Wrote: May 23, 2012 10:01 PM
Funny how the Founding Fathers worried about what they had set up, if the public was not moral, ethical and God fearing. Many, having descended from God fearing Jews and Christians, no longer believe, but carry the ethics and morals with them, for one generation or 40, proud of themselves about how moral and ethical they are. And I would not apply this only to the Judeo-Christian ethic. The Founding Fathers understood people.
Instinctively, we look for people's motives. We need to know whom we can trust and whom we can't. We're especially skeptical of business because we know business wants our money.

It took me too long to understand that business's desire for profit is a good thing. To get our money, businesses -- if they can't look to the government for favors -- need to give us what we want. Then they must make continuous improvements and do it better than the competition does.

That competition is enough to protect consumers. But that's not intuitive. It's intuitive to assume that competition isn't...