Quote:
Originally Posted by Pete F.
Scott,
The result is the same if corporations or government control the banks, the means of production and distribution and the government.
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Not if, but when. Corporations can't control without government acceptance, approval, partnership, sanction, rubber stamp. Actually, on the other hand, government can control without corporate approval.
The symbiotic relationship between corporations and government, in which government is the ultimate regulator, and upon which corporations must acquiesce, is the progressive model (as is also the case in other forms of authoritarian regimes).
The Progressive model is government regulatory control of banks and business and societal as well as individual "rights." All, of course, under the rubric of what is best for society--what is the most realizable utopia--as in your "progressive capitalism."