I keep seeing this floating around Facebook, coupled with the recommendation that we get to work on the middle section where pretty much everyone identifies the same problem. What do you all think?
Yeah, I’m oversimplifying, but only a little. The greatest threat to our economy is neither corporations nor the government. The greatest threat to our economy is both of them working together. There are currently two sizable coalitions of angry citizens that are almost on the same page about that, and they’re too busy insulting each other to notice.
Your thoughts?
birdmechanical answered your question: I keep seeing this floating around Facebook,…
I think if you remove the interaction of government with corporations, that just ends up with even more powerful corporations..
Ok, but then tell me this: In what sense do they have power, and how do they enforce it without the strong arm of the law backing them up, the deep pockets of the public treasury funding their projects, the wars creating a lucrative market of destruction, laws which don’t protect private property enough to allow prosecution for destruction of the environment, and the legislatures regulating their smaller competitors out of business?
Also, how do you account for the economy-wrecking business decisions — the easy lending policies that produced the housing bubble, for instance — which occurred at the encouragement of the government and with the government’s assurance that tax dollars would make any large enough venture “too big to fail”? What the banks did was wrong, absolutely, but they acted with the direction and backing of the government, specifically the Fed.
