Wednesday, February 01, 2006
Continuing the Virtue of Capitalism
I would like to welcome Kevin Carson to the debate.
He has continued it from where we left , off.
Feel free to continue that by commenting here.
He has continued it from where we left , off.
Feel free to continue that by commenting here.
Comments:
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Kevin has set the stage for a capitalist system where corporations are not just assisted by the state, they have actually come to form some "corporatacracy" and so employment is in a sense not truly voluntary.
I can agree that this exists, especially those cases of monopsony and regional mobility issues, but it seems less likely where there is a significant labor market and truly competing businesses.
Welcome!
I can agree that this exists, especially those cases of monopsony and regional mobility issues, but it seems less likely where there is a significant labor market and truly competing businesses.
Welcome!
We need to be asking the right questions:
First, can entities that are not people really be accused of anything?
Second, if corporations are becoming the new aristocracy, who's to blame? (Jenna's answer: Corporate Welfare from government)
(Edited for misspelling)
First, can entities that are not people really be accused of anything?
Second, if corporations are becoming the new aristocracy, who's to blame? (Jenna's answer: Corporate Welfare from government)
(Edited for misspelling)
You might find the on-going Wal-Mart debate at Travis' blog interesting for a further discussion on corporate and governmental interaction
http://spelbinder.blogspot.com/2006/01/wal-mart.html
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http://spelbinder.blogspot.com/2006/01/wal-mart.html
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