.
from Palin, Nader, & Augustus Agree on “Corporate Socialism” | Peace Couple.
Duke Augustus was pleasantly surprised last night to hear former Alaska Governor Sarah Palin describe the US economy as “Corporate Socialism.” This a a term that the Duke has been using for years to describe the US economy. And a term that a quick Google search show was also used by Ralph Nader. The concept is simple. The US has not had a capitalist economy since the first Europeans landed. Classical Capitalism requires buyers and sellers with equal power and equal information. Instead, the US has an economy planned by a small group, the classical definition of socialism. That small group is not a politburo. It is a klatch of large corporations. Hence “corporate socialism.”
Filed under: activism, Corporations, governor, grassroots democracy, politics, US Politics Tagged: | Alaska, capitalism, corporate socialism, Corporatism, Ralph Nader, sarah palin
Leave a Reply