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People? Paying off politicians isn't some feature of capitalism. It's called bribery and corruption and it exists in all socio economic systems. We happened to
by anm89 7y ago
People? Paying off politicians isn't some feature of capitalism. It's called bribery and corruption and it exists in all socio economic systems. We happened to have endorsed a specific brand of it and bizarelly don't see it as a problem with our publicly elected politicians whose sole job is to represent our interests but as a problem with the people offering the bribes who we didn't publicly elect to represent our interests.
Do you think that producers in Soviet Russia weren't or in modern day Norway arent forcefully influencing policy like this and this some unique problem of capitalism or the US?
- dTal 7y ago>Paying off politicians isn't some feature of capitalism Exchanging money for goods and services is the most essential feature of capitalism. If you wish to prevent such exchanges, you need some strong socialist regulation or norm, like "politicians exist to serve the will of the people". Without it, what you call "bribery" and "corruption" isn't even considered wrong - it's just how the world works. Why shouldn't rich people be able to buy policy? They can buy everything else.
- rumanator 7y ago> Exchanging money for goods and services is the most essential feature of capitalism. Trying to pass off corruption as a "most essential feature of capitalism" is disingenuous and simply wrong on many levels. There's no need for petty ideological jabs. If you have nothing to add to the discussion then refrain from adding noise to an otherwise interesting discussion.
- dredmorbius 7y agoIt's most of what Adam Smith wrote about it. Somehow, when George Stigler coined "regulatory capture" the world thought he was being novel. He wasn't.