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<blockquote data-quote="wkmac" data-source="post: 1468262" data-attributes="member: 2189"><p>There are likely arguments to support both positions as it relates to corp. handouts. What may have changed may be who the privileged industry is. Look at the economy over those 50 years and see what industries were dominate over the various periods and there will be the difference. </p><p></p><p>The other difference is the nature of globalism now verses this idea 50 years ago. In the late 50's and 60's, globalism was considered an international communist conspiracy and today it's a market and finance capitalism wet dream. The 19th century Anglo/Fabianist mercantilism, later to become an Anglo American idea, would be so proud to see what their grand and great grandchildren have accomplished towards fulfilling the dreams of their fathers.</p><p></p><p>I do find that what seems as bigger and bigger corp. handouts from Washington which are interventions in the marketplace, it seems the growth and size of the debt has a correspondence to it. Seems to me this begs the question, are taxpayers paying the profit not just at the point of sale but also on April 15th as well? Without such intervention by the State, such Corp. hegemony under compulsion of law is impossible. Corp. privilege doesn't exist in any economy in it's natural state but only comes to be when a State grants a Corp. it's status in privilege. Corporations, especially the Big Multi-National kind don't hate big gov't but rather they need it as they would not exist without it. </p><p></p><p>I've pretty much concluded in some general sense that this appears to be true and that in what is called political economy, both political narratives love it so and thus have no intent other than to continue on the present course.</p></blockquote><p></p>
[QUOTE="wkmac, post: 1468262, member: 2189"] There are likely arguments to support both positions as it relates to corp. handouts. What may have changed may be who the privileged industry is. Look at the economy over those 50 years and see what industries were dominate over the various periods and there will be the difference. The other difference is the nature of globalism now verses this idea 50 years ago. In the late 50's and 60's, globalism was considered an international communist conspiracy and today it's a market and finance capitalism wet dream. The 19th century Anglo/Fabianist mercantilism, later to become an Anglo American idea, would be so proud to see what their grand and great grandchildren have accomplished towards fulfilling the dreams of their fathers. I do find that what seems as bigger and bigger corp. handouts from Washington which are interventions in the marketplace, it seems the growth and size of the debt has a correspondence to it. Seems to me this begs the question, are taxpayers paying the profit not just at the point of sale but also on April 15th as well? Without such intervention by the State, such Corp. hegemony under compulsion of law is impossible. Corp. privilege doesn't exist in any economy in it's natural state but only comes to be when a State grants a Corp. it's status in privilege. Corporations, especially the Big Multi-National kind don't hate big gov't but rather they need it as they would not exist without it. I've pretty much concluded in some general sense that this appears to be true and that in what is called political economy, both political narratives love it so and thus have no intent other than to continue on the present course. [/QUOTE]
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