The Phaserl


Corporatist Lobbying Replaced a Free Market

from BATR:

The practice of a pure free market is so rare that a plausible argument can be made that a free market economy never existed. However, as the saying goes, Once Upon A Time, economic commerce did reflect a voluntary basis for business transactions. The fortunes of trade rested upon the mutual benefit of all parties, since repeated satisfaction built sustaining economies. Competition was the norm and the quality of goods and services developed that propelled expanding growth and prosperity for the largest numbers of participating producers and consumers. In the corporatist economic model, the goal is to create and protect monopolies, while stamping out any enterprises that challenge the Plutocrat system.

Corporate economies are dependent upon connection and favoritism by government policy. The essay, Corporatism Is Not the Free Market states a fundamental point. “Too many people are willing to accept government-set goals (such as energy independence) so long as the “private sector” is induced to achieve them. Regardless of how the goals are achieved, if government sets them, that’s statism.”

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