"when you marry the corporation to the state you get what we have now and it ain't free enterprise"
Then stop calling it free enterprise and or Capitalism.
I'm all for separation of State and the economy in the same way as we have the separation of State and Church and for pretty much the same reason.
As to your theory of all profits going to zero in a free enterprise system, it's just nonsense that can't be backed up by actual events. The freer an economy is the more it grows, this is nothing new, and it doesn't happen because profits go to zero.
Yes there are corrupt things that happen from time to time in a free enterprise system. But the people, like at ADM, get caught and go to jail. In the government run systems they happen far more often and when people get caught like the wheat board did with their futures fiasco last year the people involved get bonuses.
Then stop calling it free enterprise and or Capitalism.
I'm all for separation of State and the economy in the same way as we have the separation of State and Church and for pretty much the same reason.
As to your theory of all profits going to zero in a free enterprise system, it's just nonsense that can't be backed up by actual events. The freer an economy is the more it grows, this is nothing new, and it doesn't happen because profits go to zero.
Yes there are corrupt things that happen from time to time in a free enterprise system. But the people, like at ADM, get caught and go to jail. In the government run systems they happen far more often and when people get caught like the wheat board did with their futures fiasco last year the people involved get bonuses.
Comment