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The thing is, this regulation doesn't appear out of thin air. It came about because corporations had, and still have, so much power in the united states. In pla
by yarden 9y ago
The thing is, this regulation doesn't appear out of thin air. It came about because corporations had, and still have, so much power in the united states. In places where corporations are powerful, they will use that power to influence government. This is why Libertarian free market policies are pretty much as conceptually impossible as communism. When power is concentrated in the hands of few, they will gain economic power in the case of communism, and political power in the case of free market. It's not by chance that many are turning a blind eye to the root and noticing only the regulatory component of the problem as that is very beneficial to the corporations, and there's hardly anyone left to make arguments against them when they hold all the power.
- winstonewert 9y agoIn the "Libertarian" scenario it isn't the free market that lets corporations gain political power. Its the democratic institutions that the corporations are able to subvert. The question is: is there anyway to organize society that doesn't led to some entities gaining power at the expense of everybody else?