- Nov 8, 2011
- Reaction score
Capitalism as practiced anywhere must include a large measure of corporate control over government economic and labor policy. Capitalism cannot exist without a complicit government that sets the maximum allowable level of unfair exploitation of labor and resources and otherwise keeps the rabble in line and productive.Our "system" is Keynesean theory for a Monarchy, i.e., top down (gov't being the top) spending and credit- borrow to spend- capitalism is a misnomer in our context, although that's what you've been told we have- capitalism is merely a tool to set a value on goods and services, between the transactors- typically, the market influences the value of either. In our borrow to spend, from the top down policy, humans mandate the market cost of currency, (capital) called interest rates-The failure of capital growth to trickle down to the working class has been a problem for so long we think that's how it should be.