- Capitalism and Alternatives -


Posted by: Gee ( si ) on September 16, 1999 at 13:10:08:

In Reply to: U.S. Capitalism IS Capital Controlled Communism? posted by Deep Dad Nine on September 15, 1999 at 23:55:56:

: It is also my contention that capitalist empires (wealthy private interests) have predominant control the U.S. government and are therefore primarily responsible for this state of affairs i.e.

I think it more a mutual relationship between some of the larger wealth holders and the vast institution of government. Not a handful in the sense of 'illuminati' theories, but very very very many people acting toward their own goals and using the apparent legitimacy and downright force of government power to pursue them.

Hence one corporate entity seeks to protect its sales of item x by using government to enact regulations against its competitor. Whats the problem? The fact that a government has the power to do this and the worrying apathy people have. Why? because one big company and its 10,000 employees can make a lot of noise. Theirs is the gain if the ruse is pulled off. The cost is to those consumers who might have preferred the competitor and to the competitor itself - diffuse, unrealised costs - what kind of political noise can they make?

Would you fuss over a $million? yes, would you fuss over $0.05? I doubt it. So when everyones taxes go up by 5 cents in order to bag a million for some entity with political pull you can see why they win cant you.

You can make rules like the bill or rights which would proclude this kind of scam, except it was quickly eroded by 'interpretation' and is now largely ignored.

Ando so forth and so forth - this dynamic is repeated all over government.

: a handful of people dictating the thoughts and affairs of millions

Hmm, i never put much stock into the 'masses controlled by the few' theory, there is little useful evidence of it, its popular but counterintuitive (its proponent always exempts himself for the effect, oddly)

good stuff though

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