Has capitalism been tossed out the window in North America?

[Machjo]

many people confound corporatism with corporate welfare. In reality they are totally different ideas. corporatism refers to the root of the word,having to do with perceiving the economic system as a single body, whereby if one part becomes ill, the whole body becomes ill, and so promoting unity among the various participants is the best way to maintain its overall health.

 

[petros]

Each of us individuals has a corporation. in our name.

 

[Cannuck]

http://forums.canadiancontent.net/international-politics/85143-corporatism-discussion-3.html

The economic Left likes corporatism for three reasons:

1. It satisfies its lust for power.
2. It makes possible attempts to redistribute income.
3. It enables them to practice #2 while remaining personally affluent.

The economic Right likes corporatism for three different reasons:

1. It enables them to realize capitalist profits while unloading some of the costs and risks onto the state.
2. The ability to intertwine government and business enables them to shape government policy to their liking.
3. They believe the corporatist state can deliver social peace and minimize costly disruptions

Discuss amongst yourselves

 

[gopher]

''Shouldn't that be a unifying force for the right and the left?''

In theory, yes.

 

[Avro]

Aren't you the 'free market' guy?

Yep, but not when it comes to banks and Bay street.