LEFT WING LOONS
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Title: Down with Evil Corporations
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Published: Oct 13, 2011
Author: me
Post Date: 2011-10-13 15:42:03 by jwpegler
Keywords: None
Views: 4219
Comments: 5
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#1. To: jwpegler (#0)
now that's funny
#2. To: calcon, jwpegler (#1)
(Edited)
Does that not scare you that all those corporations (if we can pretend the tags are accurate) are so insidious? That is why the Sons of Liberty took on the biggest corporation in the world at that time and vandalized its property (the biggest act of Vandalism against a corporation in history. When did the party of Adam Smith (who was not pro-corporation) become shills for corporation? Do you so called "conservatives" even read the works of the men that founded the ideology you claim to uphold? http://deoxy.org/korten_betrayal.htm Proponents of corporate libertarianism regularly pay homage to Adam Smith as their intellectual patron saint. His writing remains to this day the intellectual foundation of policies advanced in the name of market freedom that are allowing a few hundred corporations to consolidate their control over markets all over the world. Ironically, Smith's epic work The Wealth of Nations, which was first published in 1776, presents a radical condemnation of business monopolies sustained and protected by the state. Adam Smith's ideal was a market comprised solely of small buyers and sellers. He showed how the workings of such a market would tend toward a price that provides a fair return to land, labor, and capital, produce a satisfactory outcome for both buyers and sellers, and result in an optimal outcome for society in terms of the allocation of its resources. He made clear, however, that this outcome can result only when no buyer or seller is sufficiently large to influence the market price—a point many who invoke his name prefer not to mention. Such a market implicitly assumes a significant degree of equality in the distribution of economic power—another widely neglected point.
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