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Socialism is a system where the government directly owns and manages businesses. Corporatism is a system where businesses are nominally in private hands, but ar
by mseebach 16y ago
Socialism is a system where the government directly owns and manages businesses. Corporatism is a system where businesses are nominally in private hands, but are in fact controlled by the government. In a corporatist state, government officials often act in collusion with their favored business interests to design polices that give those interests a monopoly position, to the detriment of both competitors and consumers.
Source: http://www.campaignforliberty.com/article.php?view=806 http://www.campaignforliberty.com/article.php?view=806
- Locke1689 16y agoThat's incorrect. Karl Marx often used Kommunismus and Sozialismus interchangeably. Neither mean that "the government directly owns and manages business." http://www.mlwerke.de/me/me23/me23_000.htm http://www.mlwerke.de/me/me23/me23_000.htm http://www.marxists.org/deutsch/archiv/marx-engels/1848/manifest/1-bourprol.htm http://www.marxists.org/deutsch/archiv/marx-engels/1848/mani...