Friday, December 17, 2021

"If we want the next generation to embrace capitalism, they must see it as being synonymous with freedom!"

Buck Throckmorton writes,
the present libertarian/capitalist attitude toward tyranny is that it is perfectly acceptable to suppress personal liberty so long as the tyranny has been outsourced to monopolies in the private sector - monopolies who can crush all competition and dissent in a manner that the government is prohibited from doing.
For young adults in their 20s who have only seen the freedom-smothering power of our current oligopoly, they might well think more government control of the economy is preferable to the FANG executives determining what speech and commerce is allowable.
If “capitalism” means the government crushes small businesses in the name of pandemic safety, thus allowing the FANGs to capture that business and grow even richer and more powerful, then I oppose that form of “capitalism.”
If “capitalism” means corporate Perhaps the opposition to capitalism is simply an opposition to the concentration of power. Let’s break up that concentration of power to save capitalism.executives enrich themselves by shuttering American manufacturing plants and replacing American jobs with slave labor at state-controlled Chinese companies, then yes, I oppose that form of “capitalism” too. Here’s the deal, one can be opposed to state-control of the economy and one can also be opposed to a private sector cartel controlling the economy.
In fact, to stanch the growing appeal of socialism, it is necessary to re-introduce the idea of competitive capitalism. We can break the big non-competitive monopolies into small companies that have to compete. And if they’re still able to exercise monopoly power, they can be broken up even further.
If we want the next generation to embrace capitalism, they must see it as being synonymous with freedom.
Read more here: http://acecomments.mu.nu/?post=396929

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