Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Solomon

(12,310 posts)
Thu May 17, 2012, 04:10 PM May 2012

The "Free Market" Lie

Simply this: There is no such thing. There is no competition anymore. The heads of all the big corporations create boards and forums and groups and they put themselves on the boards of these groups. They are supposed to be in competition with each other but as a result of participating on these interlocking boards which initiate agendas and policies, they further their interests without harming each other.

Buyers become the sellers too and the sellers are the same as the buyers. More than 30 years ago when I was in law school, the best brains, and hottest law field, was anti-trust law. When is the last time you heard "anti-trust." It's like it doesn't exist anymore.

The people at the top are not in competition with each other. They are setting prices. Like the NFL, where every city can't make the same money, they divide the spoils. It's socialism among the rich.

Meanwhile, they talk about capitalism and free markets, as though the common man can just go out there and sell his wares. The moment you try that, here comes a guy with a badge and gun asking you where your license to do so is.

It's all a big lie. It didn't used to be. I believe capitalism can be a good system. But it has to be regulated. There used to be rules against owning too many things in a market. Now the same person can own the radio station, the tv station, the newspaper, magazines, etc. etc. etc.

Socialism is okay as long as it's for the filthy rich. It's no market "capitalism" for the rest of us slugs.

7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

gratuitous

(82,849 posts)
1. Atrios posted this sentence today
Thu May 17, 2012, 04:17 PM
May 2012

"They (the moneyed elite) want people to be poor and broke and suffering and still paying off their loans and buying their crap. I do not know how this is supposed to work."

Solomon

(12,310 posts)
3. A cheaper form of slavery. They used to have to pay your room and board and expenses.
Thu May 17, 2012, 04:23 PM
May 2012

Now they give you just enough to pay for your own room and food, with nothing if anything left over to pull yourself up. Put you in debt and you have no choice but to keep slaving away.

Trillo

(9,154 posts)
2. "It's all a big lie. It didn't used to be."
Thu May 17, 2012, 04:22 PM
May 2012

We are so far down the rabbit hole of dominionism or authoritarianism, it's really hard to understand where to start fixing the problems.

Myself, I believe the only thing that will fix our broken system is an amendment to make clear that personhood is meant for people and humans, not for corporations. Movetoamend has a good one.

Every other fix seems like it's just designed or written to fail by the suit and tie crowd. By never fixing the real problem, and endless stream of fixes can be created.

Solomon

(12,310 posts)
4. I've thought about this before. Whether the plan is to not have countries or states, but
Thu May 17, 2012, 04:26 PM
May 2012

corporations with "citizens". For example, if I work for IBM, then I'm a "citizen" (read "slave&quot of IBM. If you work for Coca Cola, you're a citizen of Coca Cola, and so on and so forth.

 

randome

(34,845 posts)
5. The other lie is that private enterprise is more efficient.
Thu May 17, 2012, 04:28 PM
May 2012

The layers of bureaucracy in corporations is staggering.

Latest Discussions»General Discussion»The "Free Market&quo...