Exclusive: Farage: Capitalism is Dead, We're Living in Corporatism
Exclusive: Farage: Capitalism is Dead, We're Living in Corporatism
Economic growth is being strangled by an "unholy alliance" of big business, big banks, and big government Farage tells Breitbart London.
I guess if BreitBart makes up enough stuff they'll eventually say something factual on accident.
Normally I don’t read or cite breitbart. I posted this specifically because it was from breitbart. I also agree with the premise but was surprised it was on breitbart
The thing about fascists is that they do sometimes point out real problems, but their explanations on the causes and their solutions for those incorrect causes are wildly unreasonable. For example, Nigel here probably believes that "corporatism" is caused by the companies exploiting (white, British) people being owned by non British and non white people, and his solution is to ban those people from owning anything and indeed deport non white people and immigrants instead of regulating the actions of businesses in any way. So even if he's correct that it's a problem that people are suffering and the government is corrupt, he and Breitbart can't be worked with because their solutions are bullshit and sharing glowing articles about them promotes their explanations and solutions.
There are good free market capitalists who are trying to expose corporatism to distinguish it from capitalism with healthy competition that makes locally owned services and businesses, some of those even get to know their customers. Coporations believe they are entitled to everybody else's money while only doing the token minimal for very large amounts of money.
I am very much a capitalist at heart. It’s the only system proven to raise the quality of life for everyone. The current corporatism isn’t the same as capitalism. I’m not a fan of that.
One thing that’s confusing is that capitalism breaks down over time, into something like this “corporatism” or oligarchy or corporate capture. This makes people think that capitalism is these things.