Multiple Turtles

Convenient Capitalism

March 22, 2009 · Leave a Comment

In the land of the free , home of the brave – that’s The United States for those who wonder (and we all wonder don’t we?) -the rumour has it that the underlying economy is capitalism. But of course we know that is not true – hasn’t been true since the Robber Barons of yore. What they have is corporate socialism.

The companies that make it big get to be protected – by law, by government by bribes by corruption. Small business in the free world imagine a big business , a multi-national is like them only way bigger. But its not. Small business has taxes and debts they actually have to pay back (by law) and competition and customer service etc. Multinationals dont a have that. They have a free ride.Because they have different laws – written especially for them.By them.

Even now – the bailout money is because “they are too big too fail”. That means they have no competition.

Even now the bailout is there because they are inefficient and have no market. So we the small business, the employees get to bail them out.And And – we get to give them bonuses for being incompetent

Bankruptcy is for losers like small business . Bailoutsd are for the clever people who can bribe their way to the top.

Categories: america · capitalism · corporations · democracy · economy · executive bonuses · history · hubris · politics · socialism · the rich
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