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That's an interesting argument and technically correct. I only wonder whether it's politically feasible/stable. My fear would be that the economic advantage of
by nhaehnle 11y ago
That's an interesting argument and technically correct. I only wonder whether it's politically feasible/stable. My fear would be that the economic advantage of the capital owners (even if reduced) would eventually lead to a lobbyist capture of the government, which would then cut taxes and start a vicious cycle.
- scotty79 11y agoBuying government is a problem, but not a terminal one. True force is army. We can see it in other failed countries. Whenever government stopped being efficient facade for collecting money from producers, military stepped in and replaced government with complete disregard of previous arrangements. That tends to make the corporations skip a beat.