Name:
Location: Pantego, Texas, United States

Saturday, June 16, 2007

The Democratic Party is drifting toward Fascism, and that large corporations support that is surprising to many people. It should be no surprise if the socialist nature of large corporations is considered. Fascists are collectivists who do not assume state ownership of corporations, but who do exert control over the economy. This is attractive to large corporations since the result is regulations written by the large corporations that eliminate smaller competition. France has an economy much like that today. There's not much innovation there. If America had been Fascist 30 years ago, new companies such as Microsoft and Cisco would not have been possible. Established companies such as IBM and the old AT&T would dominated those business areas, and we would be the poorer for it. Now, of course, Microsoft and Cisco may be all for Fascism since it will make it easier for them to maintain dominance in their fields without having to worry about the emergence of disruptive technology. If Hillary Clinto is elected President we can expect the emergence of Fascism, though they won't call it that.

(There is a lot of misunderstanding of what Fascism is. Democrats regularly refer to Republicans as Fascists, but it is doubtful that many of them understand what Fascists are. Fascists subordinate the interests of the individual to the interests of the state. Many people refer to Fascists as right wingers. That may be because they were to the right of communists. It also more nearly reflects right wing in European terms rather than American terms, where the right supports economic liberty. Fascists are authoritarian, and many people thnk the Republicans are more authoritarian than Democrats, but I disagree. I think it is clear that Republicans are less authoritarian in economic matters than Democrats. Under Democrats "rent seekers" do well rather than true innovators. Large Corporations inevitably become "rent seekers.")

0 Comments:

Post a Comment

<< Home