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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (28246)1/30/2003 12:39:48 PM
From: Maurice Winn  Read Replies (2) of 74559
 
It might be an urban myth, but didn't Eisenhower, long ago, [necessarily since he has been dead a longgggg time] say to beware the military industrial complex and their demands of the state? Religious fantasy, corporate greed and individual megalomaniacs should be kept well away from the public purse, military or police influence, citizen's self-determination and mutual self-interest as expressed by democratic votes.

<I've railed against the corruption of our present collaboration of State and Corporations. This is what Benito Mussolini understood very well:

"Fascism should rightly be called Corporatism as it is a merger of state and corporate power."

This is the essence of the U.S. system today. I'm a huge fan of mixed economies. And the separation not only of church and state, but also of corporations and the state.

Of course there is room for the dynamism that capitalism introduces. But no one should be deluded to think that it is anything other than a heartless dog-eat-dog system that creates vastly more losers than winners in society if unchecked by social constraints.
>

Which is not to say that corporations and others shouldn't lobby for their interests. It is up to citizens to keep a close eye on those they elect and fire and gaol them when they go off the rails.

Mqurice
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