Tuesday, November 30, 2010

How Capitalism Can Be Designed to Kill You

by Dr. Boyce Watkins, Syracuse UniversityScholarship in Action 

After witnessing the deaths of innocent citizens all across America, the FDA took a second to realize that perhaps the energy drink craze should be regulated a bit more than it has in the past. One of the most interesting drinks on the market is Four Loko, a caffeinated alcoholic beverage that is being gulped by the gallon. The government has forced the removal of the drink from store shelves, reminding us that sometimes, the presence of Big Brother can be a good thing.

Those in the Tea Party who want to see smaller government might want to take a moment of pause to realize that government intervention can be helpful when it comes to protecting citizens in a capitalist society. Many Americans are tempted to buy into the idealistic notion that a completely free society works all the time for everyone, but it is sobering to remember just how harmful unregulated capitalism can be.

 

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