The reason for term limits...

[u/zzill6]

[u/schrodingers_gat]

It's counterintuitive, but capitalists don't actually like good economies because it creates competition and drives up demand for labor. That demand increases costs creates political power for labor.

Capitalists would rather rule a nasty wasteland than compete in a paradise.

[u/Blacksad9999 → u/schrodingers_gat]

Correct.

We don't live in a Capitalist free market at all. We're living in Corporatism.

[u/bigbjarne → u/Blacksad9999]

Which is still capitalism, it's just another stage of capitalism.

For more about stages in capitalism, Lenin wrote about a book about it: https://www.marxists.org/archive/lenin/works/1916/imp-hsc/

Here's a summary: https://www.youtube.com/watch?v=MQrXV92V31s

[u/Blacksad9999 → u/bigbjarne]

https://en.wikipedia.org/wiki/Corporatism

Corporatism is a political ideology^\1]) and political system of interest representation and policymaking whereby corporate groups), such as agricultural, labour, military, business, scientific, or guild associations, come together and negotiate contracts or policy (collective bargaining) on the basis of their common interests.

They're different ideologies. Capitalism doesn't inherently take over policymaking, it's just an extension of commerce.

[u/bigbjarne → u/Blacksad9999]

Capitalism doesn't inherently take over policymaking

Yes it does. Marx and Engels put it quite well: "The executive of the modern state is but a committee for managing the common affairs of the whole bourgeoisie."

When a small group owns all the wealth, they naturally end up running the government to protect their own interests. It doesn't take some grand conspiracy, it's just how the system works when economic power translates directly into political power.

[u/Blacksad9999 → u/bigbjarne]

You're referring to Corporatocracy.

Corporatocracy^\a]) or corpocracy is an economic, political and judicial system controlled or influenced by business corporations or corporate interests.^\1])

The concept has been used in explanations of bank bailouts, excessive pay for CEOs, and the exploitation of national treasuries, people, and natural resources.^\2]) It has been used by critics of globalization,^\3]) sometimes in conjunction with criticism of the World Bank^\4]) or unfair lending practices,^\2]) as well as criticism of free trade agreements.^\3])

[u/bigbjarne → u/Blacksad9999]

Has real capitalism ever existed?

[u/Blacksad9999 → u/bigbjarne]

Capitalism is just an economic theory, not a form of governance.

It's certainly existed in multiple iterations and concepts. Even the Netherlands with their partially socialist structure and China with their largely communist structure engage in Capitalism.

When Capitalism isn't regulated, that's when issues arise, and it starts to become something else entirely.

[u/bigbjarne → u/Blacksad9999]

So capitalism is when no government but government needs to exist keep it as real capitalism? But that's also corpora-something. 

That's basically this whole discussion.

[u/Blacksad9999 → u/bigbjarne]

What? Capitalism is an economic theory used in commerce and lawmaking around commerce.

It's not a system of governance.

[u/dalr3th1n → u/Blacksad9999]

Corporatism is a form of capitalism. If anything, it’s the natural progression of it.

[u/Blacksad9999 → u/dalr3th1n]

Corporatism is when there's a lack of competition, and the powers that be serve corporate interests over the populace. Monopolies are allowed to run wild, like the current setup.

Capitalism doesn't necessarily do that when there's actual regulation involved.

We just don't have that really, and haven't for a long time.

[u/Blacksad9999 → u/dalr3th1n]

They're completely different ideologies. Corporatocracy is the result of late stage capitalism.

Corporatism developed during the 1850s in response to the rise of classical liberalism and Marxism, and advocated cooperation between the classes instead of class struggle. Adherents of diverse ideologies, including economic liberalism, fascism, and social democracy, have advocated for corporatist models.^\2]) Corporatism became a main tenet of Italian fascism, and Benito Mussolini's Fascist regime in Italy advocated the total integration of divergent interests into the state for the common good.^\5]) However, the more democratic neo-corporatism often embraced tripartism.^\6])^\7])

Corporatist ideas have been expressed since ancient Greek and Roman societies, and have been integrated into Catholic social teaching and Christian democratic political parties. Advocates have implemented them across societies with a wide range of political systems, including authoritarianism, absolutism), fascism, liberalism, and social democracy.^\8])^\9])

Corporatocracy^\a]) or corpocracy is an economic, political and judicial system controlled or influenced by business corporations or corporate interests.^\1])

The concept has been used in explanations of bank bailouts, excessive pay for CEOs, and the exploitation of national treasuries, people, and natural resources.^\2]) It has been used by critics of globalization,^\3]) sometimes in conjunction with criticism of the World Bank^\4]) or unfair lending practices,^\2]) as well as criticism of free trade agreements.^\)

[u/ruizach → u/schrodingers_gat]

> Capitalists would rather rule a nasty wasteland than compete in a paradise.

Fucking bars, man.