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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (10344)	10/22/2008 12:15:50 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 33421

Exactamundo. But, your post must be edited, by decree of the thread word police: >The U.S. has been walking down the "banana-ist" path since The New Deal in the 1930s. -g- The Majority Rules in a democracy: humanevents.com

To: Jorj X Mckie who wrote (10344)	10/22/2008 12:46:20 PM
From: Hawkmoon	Respond to of 33421

There hasn't been a full blown capitalist game for a long long time. Ah.. and the ideological war of words between private and public market failure goes on.. Me.. I view capitalism and communism/socialism as just ideological tools that facilitate a small group of elites to dominate and control the masses. Afterall, if you work for a corporation, your economic future is controlled by just as dictatorial an entity as any totalitarian regime. The corporation hires and fires you, claims your inventions as its intellectual property and demands productivity increases that outpace financial incentives. Sure, nothing keeps you working in such an environment and you can leave for another corporation, or maybe even start your own "benevolent" dictatorship. But let's not delude ourselves about the motivations of the "super rich" (near or actual billionaire status). After all, once you've gotten that first $1 Billion, just how much more do you need for everday survival?... ;0) How many cars, boats, planes, and homes can any one family reasonably need? Is it about financial security or does the collecting of tremendous wealth signify a different motivation? Is is really about the money, or something else? No... It's not about the money, it's about the POWER and the recognition and prestige that goes along with it. It's addictive, and it's expressed in manipulative and selfish ways, usually out of self-preservation, often against powerful politicians who achieved their power in a different manner, via the redistribution of wealth to a constituency that votes them into congress. IMO, economic systems exist to serve the interests of the sovereign nation. However, increasingly we're seeing this trend reverse as nations, including our own, are held hostage to the financial and economic dictators represented by supra-national corporate entities. It's quite possible that we may see a trend where global democratic reforms are undermined by corporatists who prefer an easily controllable fascist regime. After all, what is democracy to the corporate elite, except a form of unionization that provides "worker rights"?? And unions have to be busted.. ;0) Ok.. enough of my pseudo-marxist ranting.. :0) Probably well overblown.. but I really do believe there isn't much difference between capitalism and communism when we perceive it from the perspective of the power by a small group of elites to control the masses. Hawk