The Mudcat Café TM
Thread #152703   Message #3572517
Posted By: Don(Wyziwyg)T
03-Nov-13 - 03:05 PM
Thread Name: BS: Shades of Hari Seldon
Subject: RE: BS: Shades of Hari Seldon
""It was usurped and corrupted by the evil, pernicious, neo-liberal free market model!""

Not free market, Corporatism, as I said. The two are mutually exclusive!

A politician can present them as the same, but that doesn't make it so.

One free market was Farmers A, B and C getting together and setting an echange value for Farmer A's eggs milk and cheese, Farmer B's cabbages and potatoes and Farmer C's beef, mutton and pork.

Even during the rise of industialisation, the majority of capitalists were ordinary folk in cottage industries.

So the concept bears no resemblance to the way that Corporatism works, which is the building of corporate empires to drive out the small business capitalist, and control whole markets and eventually whole nations.

Don T.