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While I think the DLC approach has a place in the world as it is, I think it is very wrong to support "economic growth" for its own sake. And it is even wronger still to support unlimited expansion of large corporations.
There are several reasons why I think this. Number one is the crowding out of market competition. Number 2 is that I believe that large corporations by their very nature enable and then encourage unethical behavior as they grow larger and larger. I believe that this is a natural, immutable phenomenon. There is no amount of economic growth that justifies the moral harm of a system where people are presented with overwhelming ethical challenges that can cause them to lose their souls.
I'm sure my number 2 is controversial to you. But I would refer you to study "groupthink" and famous cases in the failure of business ethics, such as the Ford Pinto and the more recent SUV saddlebag gas tank design. My position is that these are not isolated events, or a "few bad apples" (gee where have we heard that phrase before), but actually a necessary outcome of a system designed to produce such outcomes.
Also think about the power of groups versus the power of individuals, and you see that as corporations grow larger and larger, they wield ever more inordinate power over individuals.
Finally, if you haven't read Gladwell's The Tipping Point, please do. With special attention to his discussion of the size of communities, and once they get over about 150 people or so, problems begin to escalate geometrically because people can't possibly know each other. I'm sure Gladwell didn't originate the theory, but he describes it well. I think the concept applies to all kinds of social organizations, and could explain many of the problems we see with increasing population and loss of space.
I am not anti-business - far from it. I am anti-communist in the sense of every communist system yet tried has required a totalitarian state for its continuance. That is because I think "pure" communism relies on people to behave in a way that is either completely unnatural for humans to behave, or (more likely in my view) that our culture has not yet evolved to support (and believe me I don't have some utopian fantasy that that evolution will occur in my lifetime).
But I think that capitalism MUST be controlled in order to produce a reasonably just society. Oligopoly and private monopoly are inherently evil, because they allow a few very powerful individuals to have inordinate power over the vast majority; and because they are structured to reward unethical behavior and as they grow larger the reward of unethical behavior outweighs any social disincentives.
So what we are left with is that government should act as necessary (preferably in the most efficient manner possible) to create an economic climate where many sellers compete in a market, and no single seller is allowed to get too much control. That is what antitrust legislation is about, for one. There is also a need to externally enforce ethical behavior due to the "race to the bottom" effect when markets only reward economic results, regardless of how those results were achieved. That is the goal (sort of) of legislation like Sarbanes-Oxley, and any worker safety, environmental, or product safety legislation.
Are there some misguided regulations out there? Sure. But many large corporations and so-called "economic libertarians" balk at any new regulations and want to dismantle many good regulations we have. That's just wrong. Also, some large corporations don't want to dismantle the regulatory environment at all - they just want to make it more favorable to their company or industry. They operate solely for the narrow self-interest of the corporation, or sometimes individual executives or board members when those get too much power. Whether they care a whit about social concerns comes down to the personal beliefs of a very few people controlling vast amounts of wealth and power.
I see the DLC as being the arm of the Democratic Party that represents these large corporate interests - not small business, whose interests I believe are generally at odds with those of the mega-corporations. I will accept the DLC's need to exist, in the current political climate. But that doesn't mean I have to like it.
(btw, as far as I can see, Kerry is on the small-business side, not the mega-corporation side. The fact that he is listed as a DLC member is meaningless; what counts is how he acts and votes as a Senator.)
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