305
Trump Confuses Sioux City and Sioux Falls During Rally
(www.mediaite.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 30 Oct 2023
305 points (95.8% liked)
politics
19120 readers
2443 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
What are they, if not capitalist?
It seems obvious that in a capitalist system those with capital will benefit if they use that capital to gain political power. Regulatory capture is just good business, right? It's the same reason capitalist enterprises will just buy up competition - they don't want competition, they want profit. It's a lot easier to win the game if you can cripple your opponents.
Until we make and are are able to enforce stronger laws protecting us little people, corporations will tend to wield power to keep squeezing us, because it's (unfortunately) perfectly legal (though obviously, at least IMHO, perfectly immoral).
Oligarchic maybe?
I can also make up a definition and claim communism is when Starbucks
Oligarchic fits, and isn't mutually exclusive with being a capitalist. IMHO it seems like that's an inevitable outcome in capitalist economies if safeguards aren't instituted. Also I certainly don't think oligarchies are restricted to capitalist economies, either. It just seems like it would be the natural goal of amassing capital: rig the system in your favor.
Also I don't want you making up definitions, I just assumed you had another one in mind when trying to define what most modern corporations aren't.
Is oligarchy with a superficial capitalist facade accurate enough to you?
Facade isn't accurate IMHO. Capitalist Oligarchy is fine though. Maybe a subtle distinction, but I think it's important.
Government intervention to block competition is against the basis of capitalism, a facade is accurate enough
Government intervention in the economy doesn't mean it's not Capitalism IMHO: I see that as an unnecessarily restrictive definition. I think of capitalism in more broad terms as being for-profit private ownership of trade/industry.
I can agree that there's some theoretical upper limit at which Crony Capitalism turns into an outright Corporate State, but I don't think we're quite there yet, and hopefully we can avoid it (as much as we seem to be headed that way, unfortunately).
Capitalism is literally defined by free markets, which means little to no government intervention, and specially not the government helping certain corpos crush their competitors
What you have in your country is a whole different thing
So my point from the start is that it seems inevitable that capitalists would levy their economic power to gain political power. The laissez-faire ideal sounds good (for those with capital, anyway), but without institutional protections against it, those with the most money would be dumb not to levy that money so they can rig the system.
So we're quibbling over different thresholds at which government intervention means it's no longer "Pure Capitalism", but from my perspective Regulatory Capture is kind of inevitable, without protections against that happening. So that's why I think it's just part of Modern Capitalism in most places, and an "Oligarchy with a Capitalist Facade" is just a different life-stage of Capitalism. I'm all in favor of the institutional controls against corporate takeover/influence of governmental bodies. Corporate lobbying is a cancer, because it's drowning out the public's voice in politics.
Yes, the state needs to set up rules to specifically prevent corruption of the market.
You don't seem to get that the rest of the world views capitalism differently from the US
You're making a pretty big assumption! I've lived most of the last fifteen years in South America, so I actually do have a good hold on how folks in other nations view capitalism, and the USA's economic and political systems. My job for years was in a biological research institute that was part of the Uruguayan government, and before that for a decade I worked in small towns across the Amazon, in Peru and Colombia.
You went from America to America's playground
Ah, so when you said the "rest of the world", you are excluding Latin America. Where is your high horse located, and what do you think the rest of the world includes?
Outside of those regions
Also, you didn't really explain how they didn't see capitalism as the lack of direct government intervention
Interesting stance from someone that thinks socialism is when the government does stuff
When did I say "socialism is when gubmint"?