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Tuesday, July 26, 2011

The Parallel Universe of Big Government-Corporatism Kills

The classic definition of Fascism. The classic example was the National Recovery Administration. Too similar to the Obama Job Stimulus Plan that cost $278,000 per job saved or created and protected contributing large corporate and financial interests.

Corporatism Kills | FrontPage Magazine
Corporatism Kills
By Ben Shapiro On July 26, 2011

The right consistently defends corporations because corporations provide jobs, boost the economy, and produce products we like at prices we will pay; the left consistently attacks corporations because they don’t “pay their fair share,” they kill small businesses, and they spend too much money on their executives and plush jets.

Both sides are right, and wrong. The right is correct in that corporations create tremendous numbers of jobs, and they produce products we like. But they’re wrong in that corporations don’t provide enough jobs, and they don’t engage in honest competition, which means their prices aren’t the ones we should be paying. The left is also correct: corporations do get special treatment and the playing field isn’t level. But they’re also wrong when they attack corporations as right wing stooges who are abusing the power of the free market.

The truth is that corporations aren’t capitalist actors. They are profit-driven actors. Chiefly, this means that if they can cut great deals with the government in order to lock out their business competitors or direct taxpayer cash into their own pockets, they’ll do it with alacrity.

[read on at link]

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