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To: gingerbread
I don’t see anything wrong with capitalism. What I have problem with is “CRONY CAPITALISM”, that has permeated our country. All you really need to do is donate enough money to a politician, and if and when he wins the race, you are rewarded with handsome government contracts or the government gives you money outright to start a business. That’s not CAPITALISM. That is what Nazi Germany did in Germany in the 30’s.

Also known as Third Position Economics and/or Corporatism. It's still a command economy, but the Government only provides direction where the actual work is done by "private" corporations that are limited by oppressive regulations and restrictions. Innovation gets stiffled, possible new entrants to the market are kept out and the big companies that ARE in the market are encouraged ("nudged") into consolidation via acquisition and merger to cement the system in place (everyone else is following what's happening right now with Humana, right?)

Democrats have been THE Corporatist Party in the US since Clinton came into office, elected in part by swinging a lot of Wall Street backing his way by convincing them that he wasn't a threat and was prepared to trade their support for Government favors.

ObamaCare is the penultimate example of this. Government regulates the industry, sets standards, etc ... but the big HealthCos are still the ones making it all happen. For their cut of the action of course (the mandates and the guaranteed government bailout of any losses). This allows the Progressives to get what they want, but still (falsely) claim that since its "private industry based" and not single-payer that its a "Conservative" solution.

In reality what we really yearn for, and what the country needs to get its economy moving again, is a return to FREE MARKET Capitalism. Which we don't have right now, except at the lowest of levels.
6 posted on 06/10/2015 7:01:14 PM PDT by tanknetter
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To: tanknetter

Exactly what I’m talking about. Let’s just look at these “ELECTRIC AUTOMOBILES”. The federal government is giving them over 5 billion dollars. When the automobile industry started, neither FORD nor OLDS, nor any of these companies got any federal dollars. They got their money from “PRIVATE” investors. The same goes for the SOLAR INDUSTRY. It’s been my observation that these companies getting federal money today got that federal money because they first “DONATED” to one political party or the other.


18 posted on 06/11/2015 5:56:50 AM PDT by gingerbread
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