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The problem here is the unyielding reality that power corrupts. This is true if this power comes in the form of Government, or Corporations. Society today has
by syshum 5y ago
The problem here is the unyielding reality that power corrupts. This is true if this power comes in the form of Government, or Corporations.
Society today has self feeding feedback loop that is going to continue to grow where in government regulations are used to phase out small companies in favor of larger companies, as those companies become corrupt or at best at odds with the population, the population demands they be more heavily regulated which then leads to more power and more corruption in both government and corporations.
The only real solution to this is less powerful more distributed government, but people largely fail recognize this reality instead focusing on "electing the right" people or party.
Power Corrupts, the only way to end corruption is to deny it power.
- coliveira 5y agoGovernment is less powerful nowadays than it has ever been since WW2. I don't think this helped in anything to reduce power of corporations, quite the contrary. Moreover, it is not government that control corporations/rich people, it is the opposite. The fight should be against the source of power, not against their powerless representatives.
- syshum 5y ago>>Government is less powerful nowadays than it has ever been since WW2. I absolutely disagree with this. Under what metric and what government are you referring to. US Federal Government has continually and unabatedly has increased and centralized its power since at least the Great Depression, Taking power from local and State governments transferring it to the Federal Government. Under no metric can one say government in the US is less powerful today. >The fight should be against the source of power, not against their powerless representatives. The Source of government power is it monopoly on the initiation of violence, last I check it was only government with the legal power to steal, plunder, arrest, jail, and even kill people that disobey. I think it is fine the fight against both
- coliveira 5y ago> Under what metric and what government are you referring to. In the metric that matters: who bought the US government. Current US government is bought by corporate interests and does absolutely nothing that goes against big corporate power. This indicates that government is subjugated to the capitalist oligarchy, and the crimes it commits are allowed or supported by the same capitalist oligarchy.
- int_19h 5y agoThis doesn't make it any smaller, though. When you concentrate so much power in one place, everyone who craves power will go after it, so its subjugation was inevitable. That's one of the reasons why centralization is bad - and this is completely orthogonal to capitalism and other economic modes. Strong centralized government without capitalism gets you authoritarian (if you're lucky) or totalitarian (if you're not) socialism.
- syshum 5y agoSo we have come full circle, and you are basically restating my original thesis. Government created corporations, corporations are not a free market invention. With out government there can be no corporations as they are simply a fictitious legal entity created by government for the purposes of liability protections, and investment You seem to have this impression that Corporations hate regulation, this is false, I mean hell Amazon, Facebook, even Google has BEGGED for regulations at various points because the know it kills competition in the market. But yes, keep blaming capitalism for problems created by government, I am sure more government will solve those problems....
- coliveira 5y ago> corporations are not a free market invention Well, if a "free" market cannot create corporations, then what can it really do? You're talking about a fantasy created by your head, not about a free market.
- 5y ago