Here's The Difference Between Capitalism And Corporatism

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[fiddlinmike]

I won't disagree with your frustration, but to blame it on the Republicans is idiotic. You diminish your argument. Democrats are every bit as guilty of participating in "corpratism"

[teeterharris]

THANK YOU! For God's sake, Thank you! I'm so sick of people blaming Capitalism for corporate monoliths. Being in bed with the government has nothing to do with Capitalism.

[eddieisfiction]

@catbuffalo thats kind of the understood you there bud.

[teeterharris]

@Desi9 I think that is the reason we seek trade with other nations. We used to get spices from India and South America. We seek to profit from all innovation across the world. We still seek trade of all goods. This is why we have monetary exchange rates. :)

[teeterharris]

@catbuffalo ...their money from capitalistic ventures. Both Corporatism and Capitalism have the goal of profit. Corporatists seek near-immediate multiple short-term gains while Capitalists seek long-term growth and investment.

[teeterharris]

@catbuffalo Profit alone is not capitalistic. Capitalism is a system using capital earned from a business to invest in a business in order to earn further profits. Lobbying falls under the Corporatist/Miltary-Industrial­ist/Mixed Economy category. You use the example of a defense contractor with lobbying. Government Contractors can't enter into Capitalism by their very nature because they are at least in part directly involved with Government acquisition of taxpayer money. They can't make all of

[catbuffalo]

@eddieisfiction

Actually it's not up to the people it's up to the representatives and they have a poor track record of being honest.

[catbuffalo]

@teeterharris

Actually it does. If it benefitted you as a defense contractor fianancially to lobby the government to go into iraq, that falls into the category of the profit motive. Unless you think capitalism has nothing to do with profit making.

[gatesofhell1981]

I am in favor of Capitalism but strongly oppose corporatism. The difference is that corporatism is backed by the government. Corporatism makes money through government assistance and war. Capitalism is a fair exchange of capital and goods/services between people. Corporatism has been in exsistance since the Spanish American War if not earlier. Corporatism is what I compare to a reverse Robin Hood mentality...rob from the poor and give to the rich.

[poopguypenis2]

@frogprincereader greed is part of human nature son, you can't ever eliminate it

[1poorsod]

@fiddlinmike "The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the people can "throw the rascals out" at any election without leading to any profound or extensive shifts in policy." Carroll Quigley (the left, right two party scam)

[PaulMeixnerFilms]

@Lollitard Like your Comment, so how do you feel about Ron Paul then, because from what you said, it sounds like you'd agree with a lot of his viewpoints after some deeper than surface level examination.