Tag Archives: Capitalism

What Capitalism is not

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by DAVID BROWN | CLEARNFO.com | August 22, 2014

Just a reminder … capitalism is NOT crony capitalism or corporatism. Crony capitalism and corporatism are in fact a form of fascism not capitalism.  For capitalism to operate effectively, there must be free markets. When corporations cozy up to the government to get special favors or pass laws to limit their competition, you have a merger of corporations and the state which is fascism. Even though central banks are corporations and privately held, they have achieved the ultimate merger with the state. They have inserted a straw directly into the blood of their host and can drink freely engorging themselves while the body suffers.

Capitalism

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by DAVID BROWN | CLEARNFO.com | August 17, 2014

There is nothing wrong with free market capitalism –capitalism is after all, an unstoppable force of nature– but when the markets are monopolized and controlled by large corporations with the help of the government, you no longer have free market capitalism; you have crony capitalism, which is a problem. We can witness crony capitalism at work on Wall Street, in Central Banking, Big Pharma, the Military-Industrial Complex and in other segments of the US economy … if we care to look.

“Fascism should more properly be called corporatism because it is the merger of state and corporate power.” — Benito Mussolini