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The American government does this, but it mostly does it on behalf of the same folks trumpeting, to the masses, the virtues of capitalism as an ideology and end
by deciplex 12y ago
The American government does this, but it mostly does it on behalf of the same folks trumpeting, to the masses, the virtues of capitalism as an ideology and end in itself. Anarcho-capitalism, really, or nearly so, although the ruling class itself is certainly not anarcho-capitalist of course. The ruling class has a clear interest in subverting free markets to keep the established players in power and any rivals out, and right now in America they are pretty much getting everything they could possibly want.
But contract enforcement, private property, impartial justice systems, and yes even intellectual property, copyright, and wealth redistribution, all contribute to more effective capital markets, and they are all borne of government regulation and laws. That the American government happens to be so thoroughly corrupt that it can't do a single thing right, doesn't change that.
- crusso 12y agoYou know, I don't think that you and I are in that much disagreement on some of the basics. I think we'd both agree that Capitalism can be good. Government serves a purpose in maintaining the framework of items you listed. We also agree that the corrupt ruling class combination of the Government and Capitalists (along with way too much of the media these days, I'd add) is a disaster. Where I'd imagine that we differ is that I think that the pendulum has swung way too far in the direction of the State. With a debt that is now bigger than our GDP and the last hundred years of mostly one-way growth of government and its agencies, the Government is a huge black hole for money that encourages, institutionalizes, and legalizes ever-increasing degrees of corruption. The best way forward that I see is to cut back the size and scope of Government. Get it back to doing the basics that it was commissioned to do (The Constitution) and not much else unless there's enough impetus for those functions that would drive Constitutional Amendments. If the incentive to sway law-making power would be reduced, much of the cronyism that exists today would disappear. The ruling class would be significantly diminished. Sure, Wal Mart might have more economic power, but its lobbying and legislative power would be drastically reduced. At the end of the day, I have a choice to shop at Wal Mart or to not shop at Wal Mart. I don't have a choice regarding paying taxes to feed the behemoth of a Government that does not provide expected reasonable value for those taxes... not to mention the negatives of crippling public education, moving to a lowest-common-denominator-but-still-expensive healthcare system, etc.
- deciplex 12y ago>Where I'd imagine that we differ is that I think that the pendulum has swung way too far in the direction of the State. With a debt that is now bigger than our GDP and the last hundred years of mostly one-way growth of government and its agencies, the Government is a huge black hole for money that encourages, institutionalizes, and legalizes ever-increasing degrees of corruption. Also, I don't think there really is a pendulum. As though you can swing back and forth between "too much government" and "not enough government", and then, by finding some balance between the two, get back an equitable, productive, and stable economic and political system. I don't think the ruling class is so dependent on the government to survive as you believe. In many ways it's the other way around. You can talk about reducing the scope of government all you want, but it will only ever be talk since you have no way to achieve it because you have absolutely no power over your government. None at all. And in fact, for the ruling class, the more people agitate about reducing the scope of government (or, on the other side, reducing the influence of big banks) the better, because it means they aren't paying attention to the power brokers in Washington, nor the capitalists Wall Street actually serves. Sorry if I'm getting too red pill / blue pill. My point is this: like it or not there is already class war being fought in America (and most everywhere else for that matter, but it's getting pretty dire in the US right now). One side though, for the most part, isn't fighting. Which is good for the side currently winning, because that's only way they can win. And if you don't believe me you can just observe the results: most Americans agree the US government needs to fuck off and quit doing a lot of the stuff it does, and most people understand that having a few megabanks holding a large fraction of the assets of the world is a pretty fucking dumb idea. How close are we to achieving either of those goals, do you think? Do you reckon it's time to be smart about achieving those goals, rather than pontificating about The Way Things Ought To Be if everyone would just be nice and play by the rules?
- crusso 12y agothe more people agitate about reducing the scope of government (or, on the other side, reducing the influence of big banks) the better The problem isn't that people are agitating about the wrong issues. The problem is that voters are suckers. They believe the leaders of their political parties that tell them that they're going to reduce the size of government or restrict the power of banks. Then when Republicans and Democrats get together to both dramatically increase the size of government expenditures and bail out the banks that failed the hardest, who is held accountable? No one. Do you reckon it's time to be smart about achieving those goals, rather than pontificating about The Way Things Ought To Be Pot/Kettle? We're sitting here arguing about this stuff on HN. We're not accomplishing anything. Worse, you actually tried to diminish me as a person by throwing out that red meat of "Fox News and the Koch brothers" when factually I haven't found how you disagree at all with my original point. Let's face it, we're just entertaining ourselves by going back and forth on a Friday. :)