Reply #21: There is no way back. Corporatism was spawned by capitalist [View All]

[izzybeans]

production. Big Big Bureaucratic Production.

It's called corporate capitalism. The government grew as the population grew and became more complex.

Twin engines.

There is no such thing as a true capitalist system if that is the case because it could not sustain itself without the foundation for innovation and production provided by the government. No more NSF, National Academies, no more incentive for innovation. None of it comes from the market. R and D is not profitable in the short-term, which is why when the Bushes reduce science funding you see a corresponding dip in R and D in the market (partially because it is subsidized heavily by our "meddlesome" government, i.e. Bell Labs) and then a innovation lag in terms of technology. Our biggest innovation recently has been an IPOD, while a global climite crisis looms and the numbers of people in poverty are increasing within our own country. Sure it generates short-term gains for one corporation, but has done little in terms of long term economic sustainability.

Our economy requires that an organic system operate in such a way that smooths over the contradictions, such as the inevitable polarization of wealth in any mode of capitalist production since the industrial revolution. Without things like Welfare, both for those left behind by the system and the corporations that can not generate enough capital to remain competitive in the global market place, something like an acute crisis would occur and under the right conditions the system would collapse. Bankruptcy in the corporate world and a critical mass of hungry folks who no longer have incentive to give a shit what type of economy we have. They just want one that is more efficient and egalitarian in its distribution of wealth. The capitalists should hope no one is around to organize once the New Deal is fully dismantled by the GOP; which is a recipe for collapse.

CAn't have one without the other no matter what the bleeding heart idealists believe. The market has no invisible hand, which means it does not work like magic and/or natural laws; which is just code word for I didn't do my homework so I'm not quite sure how it works.