Originally Posted by armor99
This is one of the clearest examples I have seen yet as to what happens when govt regulation gets involved, and a "one size fits all" approach is taken to finance.
I can remember walking into a pizza place once and wanting half mushroom and half peperoni. There was no price set up for a half and half pizza. They were completely baffled as to what to do. Obviously charge me for a one topping pizza! They flat out would not do it, and seemed to be OK with loosing a sale over it.
We are becomming a nation where no one can... or wants... to think for themselves anymore. I think it is sad....
While govt regulation often does lead to "group think, one size fits all", it isn't the only cause. Just like your pizza example, where I assume there was no govt involvement in setting the price or condition of a pizza transaction, businesses get stuck in ruts. In that case, probably because they rely on low wage employees, and don't really depend on them to make smart decisions (pros/cons to that, but it is what it is).
Generally, in a really competitive market, the business will do more of the "think outside the box" stuff,.