2006-07-18

why I don't believe in the stock market

As Ed Deak writes (ref.):
Corporatism is fascism, as it doesn't recognize the " one person one vote system", but relies on the voting power of the artificial entities of corporate shares.
Therefore, any political ideology, or economic system, based on the decision making, voting power of artificial entities, controlled by a power elite, is a form of fascism.


Mind you, it has has provided the financial means necessary to a few well-intentioned forward-thinking individuals to ease political resistance and develop/implement technologies that would prove to benefit millions of people through employment, improved safety/creature comforts, and relative stability.

It's not a bad thing - it just needs the right checks and balances.

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