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View Diary: Are Capitalism and Democracy Incompatible? (159 comments)

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  •  We aren't living under capitalism. (3+ / 0-)
    Recommended by:
    looty, isabelle hayes, jds1978

    I think there needs to be a strong and consistent message informing people that we lost sight of capitalism long ago.  We now live under corporatism.  

    Yes, corporatism is totally and completely incompatible with democracy because corporatism feeds off of society like a money vampire.  Corporatism is more than willing to sacrifice the good of society/country in order to feed more money into the private coffers of those who already have seemingly infinite money.  ANd with the money and power they control, they are able to pervert actual democracy and pretty much ANY public/political conversation.

    People now live in fear for their jobs.  Their wellbeing.  We now live in a world where jobs are reliant on a small handful of major companies and those companies hold society/economy hostage on a regular basis to feed their own greed?  State/Country have deficit problems?  They don't care.  Lower their taxes or else they will go elsewhere.  They will buy up local businesses just to close them and ship the jobs overseas to both increase their own profits and kill off small, local competitors.  It makes no difference what the society wants because the competitive environment is already so f-ed up that many don't want to start their own business anymore.  They'd rather start something with the intent of just selling it to the bigger guys because you simply can't compete anymore.

    No.  Capitalism died when corporatism and big box stores became the norm.  When globalism and free trade agreements because standard.  Because that was when society, whether intentionally or not, decided making money was of primary importance, even if it meant putting profit ahead of social good.

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