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Sir;...Normally the only thing democratic about capitalism is the people's choice on what product to buy...More and more they are only offered particle board crap to buy at inflated prices...Wages are driven down and quality is driven down until interest rates make the sale... Capital hates democracy, and only tolerates it for want of a choice... I will admit that our government is not much of a democracy, but it beats business to hell and back on that score... What you call democracy is clearly anarchy... That is the true nature of capitalism... It is multiple manufacturers competing for a limited market selling closer and closer to their costs until the market is glutted...Well, it helps that there really is more cooperation that competition, and that many business have monopolies, and that high profits have drained all available wealth out of the market...It could be that we have reached a point where the government must take over the capital it supports to save it from itself...You know that in medieval England the church and king leaned on each other for support... There came a day when to have religion at all as a support, the king had to take it over, and manage that wealth for the ruling class...For most of this county's history it has been business which has told government how to govern, and government should have been able to tell business how to do business, since it was only fair... For too long business has governed itself, and steered government off its normal course... I don't think government wants the job of running business...If they wanted to work they would not be in politics... Instead, they know well what you fail to notice at all: That capitalism is failing, and every time it breaks down the people pay to get it up and running and are left poorer for the wealth of the rich...All the trillions of dollars we are spending to keep capital working has not escaped the attention of the people, and they rightly hold the government to account...So government must demand responsibility, or at least the appearance of responsibility from business... To not do so risks losing control over the whole situation, and of all the people...Governments and economies have been swept away with less cause...And it is sad, because a government over the economy is socialism, but though the people hate the word they need the concept...If the economy is not governed it will govern us as it has; to greater widespread poverty and hopelessness... Thanks...Sweeney
Comment: #1
Posted by: James A, Sweeney
Mon Apr 27, 2009 8:03 PM
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