Before you go on about the North raping the South financially, is it your contention that in the 1930s when virtually all automotive production came out of just a few states near the Great Lakes, that all profits from shipping, selling, repairing, and so on of cars across the country raped Michigan and Indiana?
Because that’s what you’re claiming happened in the antebellum period. You cannot seem to fathom the idea that bankers making loans, shipping companies moving product, warehousing firms holding product, and manufacturers using Southern Cotton to produce finished goods could do so in the course of normal capitalist activities. In fact I’m beginning to think you’re not a capitalist at all.
Well to understand that, you would have to tell me what percentages of the profits went where. Certainly if 75% of the profits from the production of Michigan and Indiana went to New Orleans, then yes, I would have to say that somehow New Orleans was raping Michigan and Indiana.
Was that what was happening?
Because that’s what you’re claiming happened in the antebellum period. You cannot seem to fathom the idea that bankers making loans, shipping companies moving product, warehousing firms holding product, and manufacturers using Southern Cotton to produce finished goods could do so in the course of normal capitalist activities.
Are you familiar with Hollywood accounting practices? That would save us both a lot of time if you are.
Very much in favor of Friedrich Hayek and Milton Friedman capitalism, but very much against crony capitalist capitalism. You know, the kind that Lincoln, Teddy Roosevelt, and Eisenhower warned us against?