The Mudcat Café TM
Thread #123851   Message #2731962
Posted By: Little Hawk
26-Sep-09 - 04:01 PM
Thread Name: BS: Capitalism: A Love Story
Subject: RE: BS: Capitalism: A Love Story
Yes, it's really the corporatocracy (and banks) which are controlling the government in the USA...by the power of money. This is the part of the picture that much of the American public just doesn't get.

Number 6 - I think the system in China amounts to this: In the sense of governmental and police and military authority at the top, it is rigidly centralized, draconian, authoritarian, and utterly ruthless. That's the inheritance of Maoist Communism. In an economic sense, however, the Chinese are tremendously effective and hardworking business people and very pragmatic, so they have naturally embraced all the most effective forms of capitalist marketing because that's the smart thing to do. They are also modernizing very rapidly and doing some very high quality stuff in their cities and their manufacturing sector.

There's absolutely no reason why you can't combine centralized Communist governmental authority with aggressive and effective capitalist marketing and trade. They are not mutually exclusionary. All it takes is the will to do it.