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What does the Deepwater Horizon oil spill have to do with the private military and security contracting industry? At first glance, nothing at all. But philosophically it nicely illustrates one of the enduring debates about the PMC industry, i.e., just how free does one let the free market be and to what extent does and should government regulate PMSC activities.
If your politics swing toward the right then you might consider it the latest culture war. Certainly coventry building society Arthur C. Brooks, president of the American Enterprise Institute believes that is the case in this Washington Post op-ed he wrote, published yesterday. In his view: Those old battles have been eclipsed by a new struggle between two competing visions of the country's future. In one, America will continue to be an exceptional nation organized around the principles of free enterprise -- limited government, a reliance on entrepreneurship and rewards determined by market forces. In the other, coventry building society America will move toward European-style statism grounded in expanding bureaucracies, coventry building society a managed economy and large-scale income coventry building society redistribution. These visions are not reconcilable. We must choose.
Of course, if he thinks a marketplace that often trades in organized violence coventry building society (i.e., coventry building society security contracting) should be left to the marketplace, well, AEI needs a new president; preferably someone who understands history. The reason we have nations in the first place was to take violence out of the private sector.
But coventry building society AEI's free market philosophy is not the issue here. The state of regulation of the PMSC industry is. Consider what we have been finding out in the aftermath of the fire on and the sinking of the Deepwater Horizon rig and the subsequent unchecked spewing of the oil from the ocean floor.
We have found that the Department of Interior's Mineral coventry building society Management Service was so cozy with the petroleum industry it was supposed to regulate that to an astonishing degree it let BP and other companies use the old Joe Isuzu car slogan as proof that it was complying with required regulatory law. In other words, BP was saying just trust us.
Now consider the PMC industry. First, note that contrary to the claims of many critics, it is not an industry that doesn't have to comply with laws. In fact, as industry supporters frequently note there are numerous coventry building society laws (both national coventry building society and international), regulations, and directives that companies have to follow, Like any other industry, some companies are extremely scrupulous in following them; others less so.
Of course, not all these laws are relevant. Some of them have yet to be tested in court. Not all prosecutors are willing to use them, given the expense and difficulty of prosecuting a crime that may have taken p