Corporations-- a Frankenstein's monster created by stitching together political government and businesses.
Corporations are the key feature of the economic system corporatism; also known as fascism, a "public/private partnership", or "crony capitalism".
Corporatism is not capitalism* and the two systems can't coexist. Where political government exists, capitalism can't.
Corporatism uses government and its legislation to manipulate and destroy the market; to prop up government-sanctioned monopolies (the only kind that can exist for long) and to prevent competition. Government uses corporations to finance rights violations and to manipulate the people, but with plausible deniability. Corporations are government and government is corporations.
Calls to raise "taxes" on corporations are a sign of economic ignorance.
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*Capitalism is the market-- business regulated by "the invisible hand"; the aggregate actions of every individual choice. It has everything to do with society and nothing to do with the State.
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Writing to promote liberty is my job.
YOU get to decide if I get paid.
I hope I add something you find valuable enough to support.
♡CopyHeart 2010 by Author/Artist. Copying is an act of love. Please copy.
1) No, corporations (as they exist in, say, the US today) are not a feature of corporatism. Words mean things.
ReplyDelete2) No, capitalism is not the market. Capitalism refers and always has referred to a "mixed, state-regulated industrial economy," ever since Thackeray coined the term and Marx popularized it. The conflation of capitalism and free markets is intended to fool supporters of the latter into tolerating the former.