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As well as a bunch of other things. But long story short; big business did great, little business did really bad.
And? I forgot what we're talking about. Neoliberal capitalism favors monopoly.
We are arguing about how you think the government is protecting you from corporations, when the exact opposite is happening.
I never said the current government protects us from corporations. We have a corporate oligarchy in the US. The point is that it could, and without it, things would be much worse.
You’re right, my life would be so much better if government stopped interfering with corporations’ right to exercise monopoly power and wage theft. I wish government would just let them do their jobs properly and compel us into total debt bondage.
This tells me you think the government protects us from corporations.
It has in the past and could again in the future. What is the alternative you are proposing? Less government intervention? More corporate autonomy?
I am in favor of less government overall. I really think this is the only viable solution. Right now what we have is more power than has ever existed in the history of the world being fought over by the powerful to benefit themselves. So I think a drastic cut of the government, and then peel it back to the point it is actually necessary.
And who is supposed to fill the power vacuum in this scenario? We already have a government that is essentially a pawn of the corporate oligopoly. The only real power they weild is the ability to arbitrarily bomb anyone on the planet.
You and I fill the vacuum. Its not as though the government does only necessary things, it does a bunch of things that just restrict us from interacting together as we wish. There would jsut be less paperwork and pointless rules, and people telling you that you cant do the thing that doesnt harm anyone.
Right, I understand the libertarian/anarchist position. I just don't understand how we get to this ideal state. History has not panned out this way. Decreasing government spending on social welfare will get us more privatization and corporate oligarchy. You don't get to just pick the parts of government that you want to get rid of and go from there. I would love to get rid of the US military but it is an entrenched power base. It's just an untenable position in my opinion. What is step 1 of this process?
Government spending on welfare programs has done the opposite of what was planned. We have spent tens of trillions of social welfare, and all we have done is created a serf class of people who are generationally dependent on the government. Why dont we pick the parts of the government we want to get rid of?
I think the way things change is general collapse and not being able to afford things. And we are already headed in that direction with the biden admin fucking up their foreign policy and starting the end of the petro dollar.