Greed can't be legislated away, there are no shortcuts.
The only solution to corporate greed, is human social progress. A microcosm of this principle can be found in the average household. When family members are young (children) they behave immaturely. As time goes on, and they grow older, their behavior starts to change in a positive way. The same can be said of societies. When they are at their infancy they are relatively immature. As they mature it's people become more civilized. Past a certain point, however, the cycle peaks and society goes into decline again until it collapses and a new society emerges from the remnants.
Case in point, we aren't cavemen anymore, and have obviously progressed immensely from this point in time, both in intelligence, and civility. Natures fractal pattern of growth suggests life will one day progress to the point where there need not be competition anymore, but a society where beings work together to accomplish common goals, rather than competing with and harming each other and wasting resources in the process.
A lot of people think that corporations are evil, and selfish. That's true with some of them, but that's human nature. We are geared towards survival, and aren't progressed enough yet as a species to put other's interests before or at least on the same level as our own. In the meantime, this is the question:
If groups of people (corporations) are who we are supposedly trying to protect the public against, why would we want to give any human being or any group of human beings power over other human beings? it makes no logical sense. Logic suggests that if corporations inflict X amount of damage on people, governments inflict far greater damage, because they have a monopoly on power (lawmakers) and a monopoly on force (police). It's like asking the wolf to guard the hen house.
Nature is cruel, and humans are part of nature. The best we can do is let natures cycles and patterns work within the human race, with free people. A lot of pain and anguish, but also a lot of good in the world, too. That's what nature is, expansion and contraction, good versus evil, Yin versus Yang.
Government does not lessen the burden of any of these fundamental flaws, just redistributes it, while taking a cut of all the production "commission" in the form of taxes. In fact ,the government itself is a corporation.
Contention is, for every bit of "good" government does, there is an equally detrimental effect on society with something else it does, because there ain't no such thing as a free lunch, and no socialist leader can wave his magic wand and change that. Not advocating anarchism, but the role and function of government and regulation needs to be reexamined, it has gotten far out of hand, and the ballooning of the size of government is a lot of the reason why we are in this mess in the first place.
Have hope that one day the human race will wake up and realize we don't need a leader. The notion that we need a leader, a "Shepard", has been hard wired"in our belief systems for many millennia. But nature's dynamism suggests this could one day change. What's the old saying, "Change is the only constant." Maybe it will never change while humans are humans and not some other species. But truly do think that one day, perhaps many millennia from now, living beings on this earth will not feel they need a leader.
In the meanwhile, we should let the market work. Problem is, the free market is blamed when in fact we haven't actually had a free market for a long, long time, and arguably never. In recent history the power was given to a cabal of bankers and their friends. This is the problem, consolidation of power. We need de-consolidation of power, smaller government, and letting nature run its course. Had we let the banks fail we would be much better off today. Government stepped in to supposedly save the system. But what they were actually saving, were their bankers friends on Wall Street, at the expense of main street. Had the market been allowed to function the excesses would have been worked off in 2010 and 2011. Instead the can was kicked down the road to create an even bigger crisis down the road.
Goes back to no shortcuts. Government regulation is an attempt to stymie the effects of corporate greed, but, it doesn't. In fact, more often than not Government is a leveraging tool by the very people they claim to be "regulating". Had it not been for Government, the Federal Reserve Act of 1913 would have never been passed, and the criminal banking cartel would not have the monopoly on money they do today through the FED, and society would be rich instead of impoverished through a 99% devaluation of the USD. Government regulation does not work, but the prosperous times of the 1990's made it look like it did. We were prosperous despite government regulation, not because of it.
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