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Discussion in 'Politics' started by poncho, Nov 18, 2014.
Lets discuss the differences between Corporatism and Capitalism.
Who wants to start?
I will, though I don't really know the difference. Corporatism seems like it would be akin to an Oligarchy, with a few having all the money and power. And it seems like it would limit capitalism, as the corporations have all the money and power.
'Off the cuff', corporatism as 'akin to an Oligarchy' seems to me to be a very good articulation on your part. And I also agree that it stifles/resists small business capitalism as you stated. I generally/personally try to patronize small businesses in my sphere in lieu of the corporations for that very reason. But alas, oftentimes it is necessary for me to go there to get what I'm actually after.
Corporatism's winners and losers are determined by political expediency. Corporations loyal to the cause are better treated.
True capitalism, which doesn't exist in U.S.A., is where the market decides.
and why not: could be in part due excessive govt regulations
Regulations that favor big corporations?
I recall reading a quote by GK Chesteron which stated (wtte): "the problem with Capitalism is there are not enough capitalists". To me this idea seems true especially of Corporatism where large corporations act to have undue influence on the state and economy, setting up rules which favor themselves and which stifle the flourishing of small businesses.