America's Corporate Communism

[qwerty]

YouTube - America's Corporate Communism (http://www.youtube.com/watch?v=5s1kApo22e4)

http://www.reddit.com/r/Libertarian/comments/9s39f/americas_corporate_communism/

[qwerty]

Bump!

[Dreamofunity]

I like what I've seen from this guy even though I've only ever seen a few favorable 5 minute youtube clips; how is he during the rest of the show?

[ravedown]

wow- 5 minutes of msnbc that didnt piss me off, the points were a little oversimplified but the overall message was pretty good-dude from russia had trouble making a clear point unfortunately.

[Austrian Econ Disciple]

He wasn't using terms accurately at all.

It's either Corporatism or Crony Capitalism, both with the same meaning. Secondly, he brought up Sherman Anti-trust laws....There are no need for anti-trust laws. If the Government didn't meddle in the market, and a company became a monopoly by providing a service, or product better than everyone else cheaper, why is that bad? Why should they break them up?

Sherman and Clayton Acts are despicable. The only reason they came to be is because the Railroad Tycoons started to see strong competition, prices being driven down, and they lobbied their way into Congress. Imagine, if there was no State apparatus to cue favor and gifts from?

[BillyDkid]

Well, Jesus, are these people just noticing this? And aren't they also noticing that Obama is part of that system? They need to stop talking about socialism versus capitalism because we do not have capitalism or free enterprise in this country. We have a government that serves at the behest of a handful of people who control the economy. I guess I have to say thank God that the conversation is finally getting around the core of the problem. It's not about class warfare or blaming rich people. It it about a rigged system that is set up to protect the interests of an entrenched elite - those who exploit there proximity to the levers of power to benefit themselves at the expense of the rest of us.

[Dionysus]

Terrific video.

[Austrian Econ Disciple]

Well, Jesus, are these people just noticing this? And aren't they also noticing that Obama is part of that system? They need to stop talking about socialism versus capitalism because we do not have capitalism or free enterprise in this country. We have a government that serves at the behest of a handful of people who control the economy. I guess I have to say thank God that the conversation is finally getting around the core of the problem. It's not about class warfare or blaming rich people. It it about a rigged system that is set up to protect the interests of an entrenched elite - those who exploit there proximity to the levers of power to benefit themselves at the expense of the rest of us.

Free-Markets cannot exist with a State. I think this is where a lot of people get hung up. It's the illusion of a free-market, but it will never be, nor can ever be a free-market. There is always some State force distorting it.

[qwerty]

I like what I've seen from this guy even though I've only ever seen a few favorable 5 minute youtube clips


Me too...