Politics
Out of context: Reply #18823
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- yurimon0
Its true private power can corrupt a system where government serves the interests of the corporations over people, legislate, and enforce on behalf. is it closer to fascism in that regard?There is a mutual benefit that is interwoven into the monetary ecosystem between the owners of vast wealth and the power structure of government. Dont forget the federal reserve. Creates huge incentives for spending in empire building > which benefits same people that lend the money > that government spends ( mostly to same people that lend) > that builds the complexes that wage war > that plunders resources for the same people that lend, That reenforces government power > that acts on behalf of the interests that lend the money> that, etc.
what do economist call this mutually corrupt benefit and hegemonic pursuit of power?
what kind of economic system do we really live in?
In essence the government becomes a vehicle of oligarchs and corporations. example the resource war in the middle east. Who benefits from occupation of resources such as oil, lithium and popies (drugs).
Over all free market principles with libertarians is about choice
and argues about compulsory purchases for service. Thats what gov claims it provides. A service that you are forced to pay money for that you may not want, and maybe not as beneficial to over all health of the market of people in general.Another aspect of libertarian arguments are along the lines of central planning and what does a bureaucrat in an office know about what me or my community's needs are? and at what cost?
regulatory schemes and forced compliance contradict a free system especially if you are not hurting anyone. Yes there are alot of contradictions in the current system and speculative politics, economics. etc. what is your solution?
Disruptive tech,
Mostly what is beneficial doesn't make it to the market or repressed. Sometimes at expense of a life of the inventor. This is an example of something that exists for years. also a good example is the pharmaceutical industry in repression of natural cures and in bed with the FDA. but not to digress.this guy didnt make it.
anyway I find this interesting. obumbaclot making a point along the lines of what you are saying.
What do you think it best for a system?