Quote Originally Posted by DarthLord View Post
BobH, how is capitalism mixed with socialism different from corporatism?
It is, for me, when a democratically elected government regulates to some extent what is done with the capital accrued through the economic practice of Capitalism. There are many different degrees of governmental regulating in different countries and no two are exactly the same. Ours is different than what the USA practices and the again both of those are different from what is practiced in, say, various European countries.

It is hard to counter act huge global corporations as they owe no allegiance to any specific geopolitical entity, country, only to themselves and the generation of huge amounts of capitol. The capitol generated in this manner will normally not benefit to any great extent the countries where it was generated and by extension the citizens of those countries. To me this is Corporatism and what makes some form of regulating what is done with the capital generated this way necessary. OTH what does a high school drop out know.

Bob