-Caveat Lector-
>If capitalism is NOT an economic system void of Government
>intervention ... then what 'word' suits this ideal?
>Capitalism: You hire me to build a fence on your property
>to a specific specification for a certain compensation. We
>sign a contract. I build the fence as directed. You provide
>the compensation as directed.
>Where is Government 'depended upon'?
>--MJ
Those who define the terms....win the battle.
Don't make the mistake to equate modern captalism with the Free Market.
Modern capitalism as practiced throughout the world is State Capitalism.
State Capitalism can be defined as an unholy alliance between Corporate
Interests and their political servants to use the police power of the state
to manipulate the Free Market for their own self interest. For example,
the FDA is a tool of the drug corporations, essentially a means to destroy
competition and monopolize the prescription drug industry.
The very concept of a "corporation" is anti free market. A "corporation" is an
artificial construct which is a creature the State. It is a legal fiction. The history
of the modern corporation can be traced to special licenses granted by the King
to his favorites. Any state regulated entity that insulates the owners of that entity
from personal liability (i.e. a "corporation") is by definition anti Free Market.
flw
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