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Capitalism isn't "one thing" - it has many implementations. From the Fascists in Europe in the early half of the last century, to 'dollar diplomacy', to "neoli
by jwtadvice 10y ago
Capitalism isn't "one thing" - it has many implementations.
From the Fascists in Europe in the early half of the last century, to 'dollar diplomacy', to "neoliberalism": Capitalism and state power have interacted in many different ways and forms.
Today the interaction of state power and private market competition:
* suppresses young and small businesses (small, non-multinational businesses don’t increase state power)
* protects and subsidizes industries with strategic value, from foreign policy protectionism (e.g. TPP) to state espionage support (e.g. BP), to huge endowments of taxpayer dollars (news media for information warfare, boeing etc for military weaponry, agriculture industry so other nations starve without America)
* circumvent each others restrictions by partnering closely and trading access to private and public arenas of law