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Capitalism in an irrational political system

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Headlined to H3 7/10/12

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Money is power--it commands not only goods and services in private markets, but also the services of those who govern. Only those who control large corporations can provide the money politicians need to campaign for national office in the world's largest economy.

So, in a capitalist political system, the primary role of government is to nurture a private market that will in turn subordinate government to the profits of the wealthy minority who control large corporations.

Why would any society want to do this? Ask our two political parties.

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I'm a retired philosophy professor at Centre College. I also am a regular columnist for our local paper, The Danville Advocate-Messenger, as well as the Lexington Herald-Leader. My last book was Posthumanity-Thinking Philosophically about the Future (more...)
 
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Bachus said : "my view is that Washington and... by Mari Eliza on Tuesday, Jul 10, 2012 at 3:41:58 PM
I say this is very important, and surprisingly mis... by Ad Du on Tuesday, Jul 10, 2012 at 10:16:20 PM
Quoting the first paragraph ...----------Yes, it's... by Hooker Jay on Wednesday, Jul 11, 2012 at 8:06:01 AM
If the trickle down theory of economics were true ... by Philip Pease on Wednesday, Jul 11, 2012 at 12:04:57 PM
I think the most promising alternative to capitali... by Brian Cooney on Wednesday, Jul 11, 2012 at 12:44:46 PM