I'll go him one better. Corporate cronyism is treason, and ought to be punished as such. The Founders made the same critique of the Crown and the British mercantilists.
I'll go him one better. Corporate cronyism is treason, and ought to be punished as such. The Founders made the same critique of the Crown and the British mercantilists.
7 comments:
Hypocrisy Defined: When Koch defends his own corporatism.
http://market-ticker.org/akcs-www?post=211294
It's a great article. But it's interesting that it came from a Koch brother because the Austrian Economists have had a problem with them precisely because the Koch's are rent-seekers.
Here's more on that:
Murray Rothbard on the Kochtopus
http://www.lewrockwell.com/gordon/gordon86.1.html
The Kochtopus vs. Murray N. Rothbard, Part II
http://www.lewrockwell.com/gordon/gordon39.html
Perhaps we should embrace 'cultural diversity'?
After all the Fatwa may have some application!
III
Get business out of the government and government out of business.
Fascism is simply an indirect means of wealth redistribution. It is the same old collectivism with business acting as a middle man.
Seremzh,
Very true.
Here's an article which makes that case very well:
The Vampire Economy and the Market
http://mises.org/daily/5963/The-Vampire-Economy-and-the-Market
"What is sometimes referred to as "authoritarian capitalism," or fascism, is in fact a variety of statism, specifically socialism, the system of political economy in which the prerogatives of ownership over the means of production and distribution are vested in the state. Under the fascist economic system, private capitalists are nominally regarded as the owners of the means of production, meaning that they hold property titles to these assets and are referred to as "owners" of these assets. However, this so-called ownership is merely illusory. The actual prerogatives of ownership are vested, not in the private capitalist, but in the state and its bureaucracy.[1] It is the state that tells the private capitalist how he must use "his" property, under the threat of confiscation or even imprisonment. In the words of economist Ludwig von Mises, it is "socialism in the outward guise of capitalism."[2]"
@ Anonymous September 11, 2012 11:58 AM
Thank you for the link. With the exception of Mao Tse Tung's China and Pol Pot's Cambodia, every Dictatorship of the Proletariat has degenerated into various forms of Fascism because it is the only form of totalitarianism that can sustain itself for an extended period of time.
Mao Tse Tung's regime and Pol Pot's regime were truly communist (both depopulated the cities and forced their people into agrarian collective farms) and infinitely worse.
By definition, every "democratic socialist government funded by capitalism" is also Fascist, just in soft form. This country on the other hand is going all Mussolini.
I believe this is just Koch covering his backside. Who do you think the wrath of the American people is going to fall on when government's incestuous relationship with corporations caused the complete collapse of our economy and way of life? Koch is merely trying to distance himself.
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