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To: Worldtraveler once upon a time

Thanks, good post.

I’m not sure what to believe about all this stuff. Commerce and government are coming together in a way that allows powerful people to subvert systems and create homogeneity and monolithic agreement where the free market used to have people fighting it out in the interests of the customer. Or maybe that was just an illusion, ha ha!


48 posted on 03/07/2022 9:52:22 AM PST by avenir (Information overload = Pattern recognition)
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To: avenir
---- "Commerce and government are coming together in a way that allows powerful people to subvert systems and create homogeneity and monolithic agreement where the free market used to have people fighting it out in the interests of the customer."

For so long, a number of definitions have been used to confuse, as I see it.

The supposed polls of capitalism and socialism have been dualistic. But corporatism seems what you defined above. Please choose a reference of your own liking to read a definition of corporatism, which pretends to be capitalism but is not.

Laissez faire capitalism is not a private-public partnership, has no "stakeholder" as the WEF and others assert to be equivalent to shareholders, and is managed in the Adam Smith view by "invisible hands," so very different than the "elite" and very visible hands seen in a coporatist media today.

Rather recently I also read an assertion that Communist China practices "state capitalism," another attempt to sully laissez faire capitalism by Communists and corporatists.

Best wishes.

49 posted on 03/07/2022 10:17:49 AM PST by Worldtraveler once upon a time
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