Are GekeVenns an attack on capitalism?

in #corporatism8 years ago (edited)

Capitalism's main feature is competition, and the GekeVenns illustrate how large corporations are using government to avoid competing in the marketplace.

Some people mistakenly think, because they portray corporations in a bad light, that the GekeVenns are attacking capitalism. These people miss an important distinction: being pro-capitalism does not mean being pro-business. In fact, it's usually just the opposite. Being pro-capitalism means being pro-consumer. There are many conservatives who believe that government is the problem, and that it intervenes in the economy to hurt business and help the consumer. This is where the conservatives get it wrong. Government is the problem, but it intervenes in the economy to help big business, which hurts small businesses trying to compete with larger firms, and this also hurts the consumer.

Any firm operating in a truly capitalist environment is forced, by certain things we call "market forces," to behave ethically. If they don't, they fail, but only -- and this can't be stressed enough-- only in a truly competitive, capitalist environment.

A company that commits fraud will die.

Because its customers will end their loyalty and shop somewhere else.

A company that charges too much will die.

Because other firms will compete, charge less, and win over their customers.

A company that pollutes the environment will die.

Because competing firms that don't pollute will win over their customers.

A company that merges too much will die.

Because bloated business is even more susceptible to competition from more flexible firms.

All of these threats to corporate life rely on competition. Without competition, a company that violates the basic rules of the marketplace won't die because there's nowhere else for the customer to go. Obamacare is the epitome of this truth: as a result of the ACA, consumers don't even have the option to refrain from purchasing from the large corporations gouging them, as it's now illegal to simply "not buy."

The goal for any business, whether it's an unethical business or not, is always to reduce its competition. That makes the going much, much easier for them. But the goal for every consumer (that's you and me) should be increased competition among businesses. That keeps prices low and firms honest. And it's the only thing that does.

But other people will argue that capitalism and market forces do NOT keep prices low and firms honest. Only the government can do that. This is where the liberals get it wrong. Government is not our protector. Government is big business, and that's why the GekeVenns are painstakingly researched and produced, especially to show the huge number of Democrats and socialists who show up on these diagrams!

The government agencies that we all think are there to keep prices low and firms honest are staffed by the very companies they regulate. And these people aren't just lobbying politicians. They're front and center, as well as behind the scenes in every department of government, actually writing the laws they then hire lobbyists to persuade other politicians to vote for. These people are enforcing the regulations that make it so incredibly expensive for newer, smaller businesses to compete with the mega-corporations.

Did you know, for example, that the Deputy Commissioner of the FDA and the Director of the USDA under Obama were both former Monsanto employees? Or that the Deputy Director of the National Economic Council, the Chief of Staff of the Treasury Department, and the COO in charge of enforcement for the SEC under Obama were all former employees of Goldman Sachs?

Capitalism's chief opponent is government because government is big business, and that's what I hope to make known when I publish the GekeVenns. If you made it this far, thanks for reading.

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Dear geke, your post lead me to your geke.us site and thus to your diagrams.
I appreciate your work informing about the network between all tis big guys.
For Germany and the EU similar diagrams could be painted. The best way to bear this is humour. Although spoken in German you can catch the sense of this outstanding video:


enjoy it. Greetings Christian @freiheit50
upvoted and resteemed.

I can't really understand what he's saying, but yes, what he's illustrating on the board translates, doesn't it? Thanks for reading and taking the time to comment. Very much appreciated!

Also, thank you for the resteem!!

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