For over half a year now, the Fed has been actively bailing out some of the largest corporations and particularly the banks. Corporatism sells socialist Chicago Skyway to European Corporatists. In contrast to the labor unions, non-public employers’ organizations continued to exist and corporatism was advantageous to business: enterprise dominated the OEC and the corporatist system favored monopolies and cartels.
This is sometimes also referred to as neo-corporatism and is related to social democracy. The state controlled capital actions, set central financial institution policy, provided low rates of interest for business, and, sometimes, owned major portions of the manufacturing sector.
So long as cash dominates our politics, our flesh pressers and the resulting politics we’ll continue to have the very best authorities money should purchase, and so they’ll continue to pay shills to shill for them with intelligent but disingenuous and dishonest arguments.
Corporatism appears forgotten from most people, as … Read More