@lanodan @julia i remember reading that the person who invented that term, Adam Smith(?), as well as possibly Keynes said that basically capitalism needed checks and balances, to limit monopoly and cartels and the power of govts over its people, etc

today however we have the scourge that is massive corporates merging with govt, which actually kills capitalism, and institutes #corporatism, or what because known in #italy in the 1930 as #fascism. when a persons online banking services are denied to them because they started a business that competes with a govts public private partnership (#ppp) we have moved away from capitalism and into something very different. When in 2020 they printed trillions and handed over the money to blackrock and others to buyback their own stocks, it moves us very much away from capitalism, and into classical fash. The way a lot of things are handled over the past 2 decades point to fascism now.

a good coop can succeed under capitalism. that doesn't necessarily require socialism. I actually like the tension between socialism and capitalism, i think democractic socialism is good for natural monopolies, but for other goods and services. its the corporate capture of govt, and yes, rentseeking, and pay-for-play with political donations, that turns capitalism into #cronycap and before long you get full blown fash which is honestly were I think we are today. Pre-covid many pundits would characterize the trend as "socialism for the #wallstreet, capitalism for the rest of us"

cyberpunks end the fash, i say

the best place to start is the weapons industry, ie. blackrock's portfolio like raytheon northrup, boeing, general dynamics, if your land registries are not owned by the people take that back. End Palantir, which took on the govts mass surveillance project (#TIA) privately, when govt were forced to abandon it 20 years ago. The tech companies that do similar. Maybe some of the big construction firms that build massive projects, often with zero soul, primarily for speculative investment. The late David Graeber made a good point about the "Batsh!t construction" before he died, he explained how the #construction industry is especially prone to fascism in a number of ways. There might not be a monument of Mussolini in Italy but the monuments to him are the large suburbs building and entire suburbs that were build and exist today. The italians were just lucky that they can't build anything without soul.

@People4people @a7 @tuxcrafting @pry

When a report says "#restrictions", replace that word with "#protections". If the sentence still makes sense (it almost always does) then someone is trying to #indoctrinate you.

Hint: It's normally a #corporatist.

#foxNews #rupertMurdoch #billionaireClass #lobbying #lobbyists #pressReleases #fakeNews #cronyCap #cronyCapitalism #economists #payForPlay #gameOfMates #revolvingDoor #regulators