(July 15, 2018 at 4:04 pm)Minimalist Wrote:Quote:But I am not willing to throw away the concept of open markets.
Open markets is about as viable a concept as Adam and Fucking Eve. It's a fairy tale. What these business criminal assholes do is try to manipulate markets for their benefit and all that money allows them to buy the political power to do it. The mom and pop grocery store does not have that power. In fact, they get fucked over by middlemen and bankers at every turn.
Minn, nobody is or should be looking for a utopia, certainly not me.
I agree that big money has globally become abusive. But I still fail to see how you get around the fact, that big money, or small money, the world still runs on a global market. So the issue for me is how you prevent abuse of power by use of money.
Workers in Russia and China are getting screwed along with American workers. But I stop at implying the end of all private business ownership. China and Russia, are more closed markets.
The problem in the west is that our billionaires look at their control and masturbate over profits. The problem in the west isn't that private business exists, it is that we have far too much of a mindset of corporatism lack of oversight.
Humans have always bartered, I don't see that as changing. The best we can do is put regulations on that bartering so that one class doesn't dictate to everyone else. There are 62 uber billionaires, both friend and foe alike, that have the combined wealth of 3 billion people. But in stating that is the real problem, I don't see how you get 7 billion humans to collectively rid the world of private ownership of anything.