"Disaster Capitalism" vs "Disaster Cronyism" - just a semantic choice for the same thing depending on whether one is progressive or conservative, no? - A rose is a rose is a rose - "you say toe-may-toe, I say toe-mah-toe, let's call the whole thing off". What is the compulsion to differentiate other than to distance oneself from "the oth…
"Disaster Capitalism" vs "Disaster Cronyism" - just a semantic choice for the same thing depending on whether one is progressive or conservative, no? - A rose is a rose is a rose - "you say toe-may-toe, I say toe-mah-toe, let's call the whole thing off". What is the compulsion to differentiate other than to distance oneself from "the other"?
The ideals put forth by the Austrian school sound as noble as Adam Smith's principles articulated in the 18th c. Nevertheless, haven't virtually all cultural forays into capitalism descended into crony capitalism eventually - even early American colonial life? And always for the same reason. Also let's not ignore the reality that 'successful' capitalism is and has always been founded on the oppression and exploitation of others.
“There is one human story. Dressed in new clothing and using new tools, we endlessly relive it. If we read philosophy, literature, history, poetry, and theology – we see greed, hedonism, and hubris easily defeat empathy and reason.” – The Last Act of the Human Comedy – Chris Hedges
"Disaster Capitalism" vs "Disaster Cronyism" - just a semantic choice for the same thing depending on whether one is progressive or conservative, no? - A rose is a rose is a rose - "you say toe-may-toe, I say toe-mah-toe, let's call the whole thing off". What is the compulsion to differentiate other than to distance oneself from "the other"?
The ideals put forth by the Austrian school sound as noble as Adam Smith's principles articulated in the 18th c. Nevertheless, haven't virtually all cultural forays into capitalism descended into crony capitalism eventually - even early American colonial life? And always for the same reason. Also let's not ignore the reality that 'successful' capitalism is and has always been founded on the oppression and exploitation of others.
https://www.filmsforaction.org/news/recovered-economic-history-everyone-but-an-idiot-knows-that-the-lower-classes-must-be-kept-poor-or-they-will-never-be-industrious/
Why does it always descend into Crony Capitalism?
“There is one human story. Dressed in new clothing and using new tools, we endlessly relive it. If we read philosophy, literature, history, poetry, and theology – we see greed, hedonism, and hubris easily defeat empathy and reason.” – The Last Act of the Human Comedy – Chris Hedges
Beau, it's refreshing to find at least one other brave kindred spirit on this commentary!
Your point is my point exactly!