RE: Capitalism, Corporatism and Fiat Currencies
I dissent, there is a characterized line amongst Capitalism and Corporatism.
Free enterprise is spoken to by the Private Industry.
Corporatism by the Public Traded Industry.
The underlying foundations of private enterprise do exclude "Money STREET" or open exchanged organizations.
Land, Labor, capital period.
Corporatism and "The share trading system" speak to Corporate Socialism.
Industrialist go out on a limb with "Their cash". Industrialist assume full liability for the result.
Corporatism go for broke with OPM and they don't assume liability for disappointment. Actually, they get salvaged.
I manage Capitalist, I am an industrialist and we don't manage any 'Open' cash or Company. We dismiss them constantly.
Presently a genuine industrialist may take his organization open and after that money out.
I can continue forever about the distinction between the two.
The issue is, 99.% of the MBAs, Universities, educate Corporate Socialism. They prepare their Monkeys to take after the yellow block street and not to buck the framework. They don't prepare scholars despite the fact that numerous trust they are the point at which they graduate.
Private enterprise is never again regarded in this nation. Truth be told, the US holds onto Corporate Socialism in general.