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Comment: No, I have not mixed them.

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wolfe's picture

No, I have not mixed them.

You are confused. Don't worry though, education can cure that.

Capitalism = Business/Markets
Corporatism/Fascism = Government Interference with business/markets.

A corporation receives a number of boons from the government including limited liability, limited risk (in terms of criminal prosecution), default contracts, etc.

The fact that these boons cannot exist without government, alone proves my point. The results of the moral hazards produced by them, further solidify it.

And yes, even the smallest corps receive these benefits.

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