Journal Marxist Hacker 42's Journal: Super computer proves Occupy Theory 9
In News to Nobody except those who worship capitalism, proof has come that just 147 corporations own 40% of the world- and a larger group of just 1,318 corporations (the 147 are included in that) own 80% of the world's most productive wealth. Many of these companies are in the "too big to fail" range- the 2007 dataset used included Lehman brothers, who were in the top 147 at the time.
couple of points I'd like to highlight (Score:1)
#1:
Because Progressivism/modern Leftism is a philosophy of centralized control towards saving the earth and rooting out economic and social injustices everywhere, Slashdotters and other solid Leftists everywhere assume big business types are as well of the world domination mindset. But this is one group of people projecting their way of coming at things onto another group of people that's very different from them.
As someone I guess you might accuse of "worshipping capitalism", I can say that capitalists are
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Don't like this, then don't take your company public -- eschew the potential for a flood of capital into your business, for the freedom to grow in any direction you like, if that's what you choose.
The thing is, this is already true. Almost every small business owner dreams of "going public" even though it means that they'll be giving up the freedom to run their company as they see fit (as opposed to how the shareholders' elected board sees fit) and the remainder dream of their kids taking over and making i
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Actually, Bill Dog- you and I are much closer on this, than those who claim the magical mystical invisible hand of the market makes everything right. For exactly the reasons you bring up above- efficiency of scale, greater profits- the trend in pure capitalism, with or without government's help, will *always* be towards the monopoly. Even distributed-ownership schemes such as Mondragon Corporation in Spain, trend towards market-distorting monopolies.
There is no difference between government overreaching a
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I don't wish to be disagreeable, but this is (Leftist) crap. In turn:
* I don't like sloppy thinking and I don't like sloppy usage of terms. "Civil" rights are those in relation to govt. -- i.e. between the citizens and the state. To call rights between parties in the private
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First off, you're right. I should have written human rights. Though, actually, I guess what I really meant was human needs- which to me are all tied up in a *single* human right, the right to life. Deny somebody the right to breathe oxygen, he'll die just as much as if he's under fire in a war or under an abortionist's knife; no difference.
"And there's a HUGE difference between government overreaching and the private sector overreaching. And that difference is that govt. is the ultimate authority and pow
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But again, Vons doesn't owe you anything. It's impossible for Vons to be the only store I have, because I don't even have that in the first place, because I don't own it. It's not my store. If Vons builds a grocery store in my area, I'm lucky, and happy. The grocery industry does not owe me food, nor do they owe us the conven
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But again, Vons doesn't owe you anything. It's impossible for Vons to be the only store I have, because I don't even have that in the first place, because I don't own it. It's not my store. If Vons builds a grocery store in my area, I'm lucky, and happy. The grocery industry does not owe me food, nor do they owe us the convenient location of such.
True, but neither do we as a culture owe anybody the right to own property and be in business in the first place. It's a bit of a chicken and an egg thin
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What BD refuses to acknowledge is that the government is really nothing more than the enforcement arm of the corporation. A monopoly cannot exist by economics alone. It takes brute force to protect and enable a monopoly. Guns, prisons, the bureaucratic maze, all those things. Even things like civil rights and environmental law only become possible when they become a business/bureaucratic opportunity. This is the governments' purpose, to provide security for the corporation. All individual liberties are enti
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The government, in fact all governments exist for the convenience of a very tiny portion of the 'private' sector. It takes big money to set up a government, and the people with that kind of money will be the ones to set policy. A government doesn't hear those who shout the loudest, it only cedes to those who pay the most. Neither corporation nor government can survive without the other. It is a symbiosis, not an opposition that enables their function. It's not government or corporation occupying any unique