Don’t Confuse Capitalism With Corporatism

Generally mistaken in the late 20th and early twenty first Century as Capitalist Democracy, Corporatism is a “reversed fascist” political structure where Firms impose policy onto Government. As long as cash dominates our politics, our flesh pressers and the resulting politics we’ll continue to have the perfect government money can purchase, and they’ll continue to pay shills to shill for them with intelligent but disingenuous and dishonest arguments.

Because the progressive authorized realist Robert Hale wrote, all private contracts are a form of legislation-making by unofficial minorities.” If public power’s involvement in contracts is corporatism, then the whole thing of capitalism and the final a number of centuries of property rights are corporatist by way of and through.

John D. Stephens is Gerhard E. Lenski, Jr., Distinguished Professor of Political Science and Sociology in the Department of Political Science, and Director of the Middle for European Studies (CES) and of … Read More