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<p>[QUOTE="Cloudsweeper99, post: 1491984, member: 3011"]Back in the golden age of capitalism, there were small children working enormous hours in unsafe conditions, the work week was 10 hours per day 6 days a week. There were no benefit plans. Life expectancy was low for factory workers. Injury rates were high. Pollution went unchecked. Attempts at union organizing were put down violently. Housing was sub-standard and crowded. Most people had no savings. Poverty among the elderly was the rule.</p><p><br /></p><p>The US had the best economy at the time, but after laws were enacted to address the abuses, the economy was better and more importantly, the standard of living for the vast number of workers improved drastically. The US developed a middle class that is now the envy of the world. </p><p><br /></p><p>The founding fathers wrote into law controls to prevent the largest organizations of their time [government and churches] from abusing citizens the way it occurred in Europe and elsewhere. If multi-national corporations existed at the time, one can only wonder at what sort of regulations they would have established. Perhaps laws similar to today. The goal is to improve the standard of living for the greatest number of citizens, and when the institutions of society fail in this, they need to be regulated.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1491984, member: 3011"]Back in the golden age of capitalism, there were small children working enormous hours in unsafe conditions, the work week was 10 hours per day 6 days a week. There were no benefit plans. Life expectancy was low for factory workers. Injury rates were high. Pollution went unchecked. Attempts at union organizing were put down violently. Housing was sub-standard and crowded. Most people had no savings. Poverty among the elderly was the rule. The US had the best economy at the time, but after laws were enacted to address the abuses, the economy was better and more importantly, the standard of living for the vast number of workers improved drastically. The US developed a middle class that is now the envy of the world. The founding fathers wrote into law controls to prevent the largest organizations of their time [government and churches] from abusing citizens the way it occurred in Europe and elsewhere. If multi-national corporations existed at the time, one can only wonder at what sort of regulations they would have established. Perhaps laws similar to today. The goal is to improve the standard of living for the greatest number of citizens, and when the institutions of society fail in this, they need to be regulated.[/QUOTE]
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