Quote:
Originally Posted by Betonov
Mittelwaecher is wrong in one aspect, what we have is not capitalism. It's corporate socialism where companies used wealth and influence to lobby goverments into favourable laws at the expense of the working folk.
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Define "corporate socialism"
What has lobbying, bribing politicians and getting corporation-friendly rules through (to the disadvantage of the workers), to do with "socialism"? I would define this as "locust capitalism", if at all.
What we have is what "capitalism" becomes, everywhere and always, after a few years. Like communism and dictatorship.
Initially it may have been a good idea, but it does not work in the long run. And the result has not much to do with the initial "..ism".