-Caveat Lector-

>      `The thing I keep running into with libertarians is that
>      they are purposely blind to the following: if you start
>      with a weak state and a laissez-faire economy,
>      eventually megacorporations will coalesce and become a
>      defacto state, usually fascist and obviously not held
>      accountable by the democratic process. And the
>      megacorps will mold and embolden the state so that it
>      has the authority and agenda to serve them. I don't
>      have to wonder about the viability of this theory, since
>      I have discovered that the US is more or less living
>      proof.' -Daniel Pouzzner

The above shows a basic misunderstanding of libertarian free
market philosophy.

Daniel P. discribes the current US economic system which is 'corporate
state capitalism'. Corporate State Capitalism requires an all powerful
state that through its bureacratic structure deems to "regulate" the
business economy. In actuality this 'regulation' acts to encourage
corporate monopolies and semi monopolies. It is 'regulation' by and
for the alleged targets of regulation. It is govt that bestows the legal
fiction of 'personhood' upon corporations providing these fictional
entites with real people legal rights and govt legislated 'limited
liability.'

Corporate statism includes massive subsidies of corprate welfare that
takes many forms such as direct govt subsidies through govt contracts
(military - industrial complex); special tax legislation; export subsidies;
keeping a massive expensive taxpayer paid military in order to coerce
foreign govts to offer trade concessions to corporations. Govt entities
such as the FDA; FCC, SEC, etc. etc. act to promote monopolies
and semi monopolies through statist rules, regulations and law.

Corporate State Capitalism cannot exist without Statism. Libertarians
absolutely oppose statism. Without statism there can be no Corporate
State Captialism.

Don't blame libertarians for corporate state captalism.
flw

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