Discussion Time: Corporate Power and CapitalismSubmitted by jbyrd5 on Tue, 05/07/2013 - 18:18
Lately I've been in a really weird state of mind. I'm starting to see (what I think are) inconsistencies in the idea of capitalism. I am all for the idea that an individual earns his money, keeps it, and does what he pleases with it without any regulation. But at the same time, what stops this individual from buying off politicians (basically what's happening in our government today)?
If no regulations are put on an individual, or a corporation, what stops them from gaining unfair political power? What stops the whole world from turning into an oligarchy? I think the world already is, but wouldn't it get worse if no regulations were in place? This is just my opinion, and if I'm wrong on any of this please tell me. But I just wanted to hear DP's discussion on this.
Do you think that a completely free market would be a haven for those to buy off governments for their own special interests? If so/if not, why?