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<blockquote data-quote="bball" data-source="post: 1609453" data-attributes="member: 23752"><p>Let's investigate this a bit further. </p><p>Capitalism: </p><p><span style="color: #00FFFF">an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. (Per dictionary)</span></p><p><span style="color: #00FFFF"></span></p><p>Many of our nation's economic policies are dictated by our govt(state). As recently evidenced by the announcement of a major farm bill, in which a foreign owned CORPORATION(nameless, faceless, legally protected entity who happens to be backed by the Brazilian Development Bank) will receive over 70 million USD (taxpayer dollars). <span style="color: #00FFFF">JBS, a Brazilian-owned company, received $22.3 million from the USDA farm bailout package of 2018</span>. (Wikipedia).</p><p></p><p>Historically, in a capitalist market, govt involvement focused on protecting consumers and small producers, from monpolies and trusts. Afterall, the biggest benefit to capitalism was creating an environment of competition so fresh ideas and products could flourish and be available to the consumer. This competition also kept manufacturers in check on price gouging. We now have a small group of corporations, being financially supported by multi national banks and govts, controlling an important leg of our food supply. </p><p></p><p>That doesn't sound like capitalism to me. Capitalism, similar to words like liberty and freedom, often require a deeper look behind the curtain to verify what is actually happening against what one is being led to believe... :tiphat:</p></blockquote><p></p>
[QUOTE="bball, post: 1609453, member: 23752"] Let's investigate this a bit further. Capitalism: [color=#00FFFF]an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. (Per dictionary) [/color] Many of our nation's economic policies are dictated by our govt(state). As recently evidenced by the announcement of a major farm bill, in which a foreign owned CORPORATION(nameless, faceless, legally protected entity who happens to be backed by the Brazilian Development Bank) will receive over 70 million USD (taxpayer dollars). [color=#00FFFF]JBS, a Brazilian-owned company, received $22.3 million from the USDA farm bailout package of 2018[/color]. (Wikipedia). Historically, in a capitalist market, govt involvement focused on protecting consumers and small producers, from monpolies and trusts. Afterall, the biggest benefit to capitalism was creating an environment of competition so fresh ideas and products could flourish and be available to the consumer. This competition also kept manufacturers in check on price gouging. We now have a small group of corporations, being financially supported by multi national banks and govts, controlling an important leg of our food supply. That doesn't sound like capitalism to me. Capitalism, similar to words like liberty and freedom, often require a deeper look behind the curtain to verify what is actually happening against what one is being led to believe... :tiphat: [/QUOTE]
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