Dealing with Capitalism’s Dark Side

The are several ways capitalism’s dark side can be managed. They are government regulation, and fostering a moral business climate.

Government regulation is one way of dealing with business excesses, but the down side is that government regulations ten to grow. Also there always the danger of a developing cronyism where big, rich companies get the government to cause regulatory harm to their smaller competition. There is also the danger of politicians fostering regulations to help gain favor among certain voting blocks. Government regulations do serve as a legitimate check business excesses as long as they are few and small; the danger is the tendency for them to become many, big and destructive.

The best solution, though not necessarily the easiest to achieve is fostering a moral business climate. If the businesses in a given area have a strong sense of morality toward how they treat, employees, customers, and other business then little or no government regulation is need,

In practice minimal helpful government regulations that help smooth relationships; rather than complicate them; along with a moral business climate is most work able solution.