tag:blogger.com,1999:blog-5090403.post5846302309612330902..comments2023-09-07T04:24:11.648-06:00Comments on y-intercept blog: The Secret of an Empowered Peopley-intercepthttp://www.blogger.com/profile/03389285761013186443noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5090403.post-26607416900444437852010-05-27T12:07:32.798-06:002010-05-27T12:07:32.798-06:00Thank you for the kind post.
I wish more conserv...Thank you for the kind post. <br /><br />I wish more conservatives were engaged in the fundamental thinking that you've done on <a href="http://reachupward.blogspot.com" rel="nofollow">Reach Upward</a>.<br /><br />When I bring up this topic, I usually get shouted down by people on both the left and right. The left, of course, knows the false dichotomy between capitalism and socialism is a ruse. The right is in a reactionary rut of assuming all criticism of the term is an argument for socialism.<br /><br />To defend freedom, we have to find a way to counter the false dichotomy that it undermining freedom ... that means going back to the foundations and asking fundamental questions about liberty.<br /><br />BTW, I would not sure about the definition you gave for "corporatism." It is not simply collusion with the government that leads corporations astray. A corporation is a creation of a group investment and can develop a group think process that undermines the freedom of people ... even if it is not direct collusion with the government.y-intercepthttps://www.blogger.com/profile/03389285761013186443noreply@blogger.comtag:blogger.com,1999:blog-5090403.post-618998340943742472010-05-25T20:02:41.421-06:002010-05-25T20:02:41.421-06:00The term capitalist was indeed a pejorative term. ...The term capitalist was indeed a pejorative term. It was applied to "monied interests" that used their immense power in ways that often harmed others' property rights. Many of the "capitalists" of the gilded age saw themselves as divinely called to exercise authority over the benighted masses, much as the omnipresent ruling elite class did and does.<br /><br />Few even bother to notice that the capitalists of yore and of today could not exist in a truly free market. Despite the story line from the statists, capitalists could not survive without being in partnership with government. Perhaps a term more people would understand today is "corporatism," which is a partnership of Big Government and Big Business. While the partnership has its internal squabbles that play out in the press, it works from two directions to centralize power and property, while creating a bulwark to defend itself against competition.<br /><br />I agree that classical liberals would be wise to reject the term capitalism. It has never meant anything good.Scott Hinrichshttps://www.blogger.com/profile/11831447472339880148noreply@blogger.com