by

I found this article that helps to explain the difference between Corporatism and Capitalism. I see people bashing Capitalism frequently when in fact what they are really against is Corporatism. 


Excerpts:



Corporatism Is Not Capitalism: 7 Things About The Monolithic Predator Corporations That Dominate Our Economy That Every American Should Know



 By Michael Snyder, on October 21st, 2011

Right now, there is a lot of talk about the evils of “capitalism”.  But it is not really accurate to say that we live in a capitalist system.  Rather, what we have in the United States today, and what most of the world is living under, is much more accurately described as “corporatism”.  Under corporatism, most wealth and power is concentrated in the hands of giant corporations and big government is used as a tool by these corporations to consolidate wealth and power even further.  In a corporatist system, the wealth and power of individuals and small businesses is dwarfed by the overwhelming dominance of the corporations.  Eventually, the corporations end up owning almost everything and they end up dominating nearly every aspect of society.  As you will see below, this very accurately describes the United States of America today.  Corporatism is killing this country, and it is not what our founding fathers intended.


The following is the definition of “corporatism” from the Merriam-Webster dictionary….



the organization of a society into industrial and professional corporations serving as organs of political representation and exercising control over persons and activities within their jurisdiction


Corporatism is actually not too different from socialism or communism.  They are all “collectivist” economic systems.  Under corporatism, wealth and power are even more highly concentrated than they are under socialism or communism, and the truth is that none of them are “egalitarian” economic systems.  Under all collectivist systems, a small elite almost always enjoys most of the benefits while most of the rest of the population suffers.


Read more->



Attachments
Topics: capitalism, corporatism, socialism, communism, collectivism
Linda Mihalic
This truly is the crux of this issue.
  • April 14, 2016
  • ·
  • Like
  • ·
  • 5 people
Rocky
I love corporations. I love their structure, organization, accounting practices... (each when applied within the law) and I love playing an active role within their confines.

I've always championed corporations because they can't speak, objectively, for themselves; only subjectively through various ...
View More
  • April 14, 2016
  • ·
  • Like
  • ·
  • 4 people
Safari Woman
Just to clarify, this isn't about damning corporations but corporatism which is a system of control over government, money and people. 
  • April 15, 2016
  • ·
  • Like
Report this blog
Captcha Challenge
Reload Image
Type in the verification code above
Recently Viewed By
  • William Davis Hall
  • Dale Barnes
Back To Top
TOP