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Big Corporations? What the hell?

SwisherSweetboySwisherSweetboy Member Posts: 585 Standard Supporter
Who thought capitalism would be destroying the most free nation in history, and driving us to Communism? Sorry, they don't care about boycotts. Boycott away!

https://theepochtimes.com/corporate-socialism-on-the-rise-in-us-scholar-says_3769170.html

Where it fits, however, is the current trend of corporations directly imposing themselves on more aspects of public life—not just to influence policy to benefit themselves, but also to herd Americans toward certain political viewpoints and behaviors.

According to Michael Rectenwald, a retired liberal arts professor at New York University and expert on the intersection of socialist ideology and the corporate world, these firms are behaving more and more like government branches.

The trend’s trajectory leads to a de facto fusion of government with a select group of corporations based on shared ideology—what Rectenwald calls “corporate socialism” or “capitalism with Chinese characteristics,” as it closely resembles the totalitarian model of the Chinese Communist Party.

“We are witnessing the convergence of political and economic objectives and the merging of state and corporate functions. Corporations are now acting as state apparatuses to enforce uniparty–state desiderata,” he told The Epoch Times via email.


This seems to be joined at the hip with ESG scores. How do Americans retain their nation? God help us all.

Comments

  • SoutherndawgSoutherndawg Member, Swaye's Wigwam Posts: 8,320 Founders Club

    Who thought capitalism would be destroying the most free nation in history, and driving us to Communism? Sorry, they don't care about boycotts. Boycott away!

    https://theepochtimes.com/corporate-socialism-on-the-rise-in-us-scholar-says_3769170.html

    Where it fits, however, is the current trend of corporations directly imposing themselves on more aspects of public life—not just to influence policy to benefit themselves, but also to herd Americans toward certain political viewpoints and behaviors.

    According to Michael Rectenwald, a retired liberal arts professor at New York University and expert on the intersection of socialist ideology and the corporate world, these firms are behaving more and more like government branches.

    The trend’s trajectory leads to a de facto fusion of government with a select group of corporations based on shared ideology—what Rectenwald calls “corporate socialism” or “capitalism with Chinese characteristics,” as it closely resembles the totalitarian model of the Chinese Communist Party.

    “We are witnessing the convergence of political and economic objectives and the merging of state and corporate functions. Corporations are now acting as state apparatuses to enforce uniparty–state desiderata,” he told The Epoch Times via email.


    This seems to be joined at the hip with ESG scores. How do Americans retain their nation? God help us all.

    It's almost as if real fascism still exists.
  • TheKobeStopperTheKobeStopper Member Posts: 5,959
    Communism is when you have capitalism. I am very smart.
  • thechatchthechatch Member Posts: 6,413
    I miss the days when big corporations just wanted to sell you shit instead of wanting to control how you think and live.
  • Bob_CBob_C Member, Swaye's Wigwam Posts: 10,866 Swaye's Wigwam

    Communism is when you have capitalism. I am very smart.

    Can’t wait for super capitalism.
  • SwisherSweetboySwisherSweetboy Member Posts: 585 Standard Supporter
    Everyone should be conversant with what ESG scores are. Corporations that issue bonds, are publicly traded now can't ignore their ESG score. They HAVE to improve it, or die. Ford Motor Co, selling Ford F150's that drink fossil fuels? No fucking way. Gotta go electric.

    NO ONE wants a portfolio with low ESG scoring corporations, sell those fuckers.

    Little companies don't give a shit, but that's what the Covid lockdowns are for - driving the little guys out.

  • SoutherndawgSoutherndawg Member, Swaye's Wigwam Posts: 8,320 Founders Club
    thechatch said:

    I miss the days when big corporations just wanted to sell you shit instead of wanting to control how you think and live.

    I know you’re being sarcastic but it’s easier for them to thrive and squash competition when they march in lockstep with big government. Good opinion piece in the journal today on this.
  • TurdBomberTurdBomber Member Posts: 19,985 Standard Supporter

    Communism is when you have capitalism. I am very smart.

    Amateur View spoken for.
  • SledogSledog Member Posts: 34,399 Standard Supporter

    Communism is when you have capitalism. I am very smart.

    Kobe can't see the purposeful destruction of small business through the boxes from his Amazon order.
  • thechatchthechatch Member Posts: 6,413
    At the end of the day it’s easier for big government to partner with a few gigantic conglomerates than it is to serve the interests of hundreds of thousands of SBOs.

    Fuck the middle class up the ass and make sure volume shareholders at Delta, Amazon, and MSFT get paid.

    Covid helped with this...bigly!
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