[MINISTRY] capitalism v fascism/ corporatism - what are we (the West) living under?

[jamesd at echeque.com]

On 23/01/2018 11:00, Zenaan Harkness wrote:
> Equally as bad is the fact that, in these same countries, large
> corporations have become so powerful that, by contributing equally to
> the campaigns of each major political party, they’re able to demand
> rewards following the elections, that not only guarantee them funds
> from the public coffers, but protect them against any possible
> prosecution as a result of this form of bribery.

There is in fact a negative relationship between political contributions 
and above market profits.

This suggests that when politicians want some contributions, they 
threaten to harm a business, and then get paid to leave them alone.

Thus, for example, the upsurge in political correctness, political 
censorship, and massive political contributions by silicon valley 
corporations reflects the end of the Silicon Valley exemption.  Silicon 
valley used to be able to get away with meritocracy, unlike the rest of 
America, but now the eye of Sauron has fallen upon it.  We would expect 
this to decrease, rather than increase, the profitability of Silicon 
Valley, and that indeed is what has happened.

A pretty good example of big corporations doing evil was Transpacific 
Partnership:
https://blog.jim.com/politics/trump-is-on-the-ball/
	The Transpacific Partnership was not so much a free trade agreement as 
a system of economic regulation by the “International Community”.  Free 
Trade for corporations big enough to own a skyscraper in a major city 
and fill it full of lawyers. Lesser businesses would find themselves 
criminals because of a thousand pages of regulation that no one reads 
and no one understands, least of all those enforcing it.

The practical consequence of the Transpacific Partnership would have 
been regulation by far away bureaucrats rather than near at hand 
bureaucrats.  Now arguably this would benefit corporations who are big 
enough to afford skyscrapers full of lawyers at the expense of smaller 
corporations, but it is mighty obvious that the chief beneficiaries 
would have been "the international community", rather than evil giant 
corporations.