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Government motors: Why it will fail
Posted on 06.10.09 by R. Lee Wrights
Source: Foundation for Economic Education Author: William Anderson “If you like Amtrak and the Postal Service, then you surely will love ‘Government Motors,’ as the entity most responsible for the carmaker’s demise takes control. When Ludwig von Mises wrote Bureaucracy in 1944, he understood then what we are seeing now with GM. Mises understood that the bureaucratic model could not effectively be applied to business. Furthermore, he also stated that if businesses become bureaucratic, they do so precisely because of the presence of government pressure on their day-to-day activities.” (06/10/09) Link: http://fee.org/articles/not-so-fast/government-motors-fail/ Filed under: RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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