General Discussion
In reply to the discussion: The Trans-Pacific Partnership looks like a giant step toward the end of sovereign nations. [View all]The Magistrate
(96,043 posts)No investor has any right, repeat any right, to profit from an investment, and any claim he has is absolutely without foundation in law, custom, history, or even economic theory. Laws, regulations, possible changes in them, acts of governments and rulings of courts are simply some of the factors people must calculate and try and anticipate when investing, and if you gauge these wrongly you are supposed to lose your money! That is how the thing works, how it is supposed to work, how it always has worked.
Further, a state, particularly a democratic state, has every right to take measures for the benefit of its people, whether to improve or safeguard their health and well-being or increase their personal income or social capital, without the slightest regard for what effect such measures may have on any particular set of investors or business owners.
"The trouble with our modern corporations is they have neither souls to be damned nor bodies to be kicked."