Capitalism isn’t democracy
Article by KAYE LEE
"Political institutions function in a world in which power is linked to property. Economic power can affect democracy, but the masses cannot infiltrate the bastions of capitalism. The wealthy have been able to buy power and distort democracy to suit their agenda where the interests of the few have overwhelmed the interests of the many.
The Right would have us believe that “small” government is best and that only privatization, deregulation, and tax cuts can save us. In a capitalist democracy, the state is a dispenser of many valuable prizes. Whoever amasses the most political power wins the most valuable prizes. The rewards include property rights, friendly regulators, subsidies, tax breaks, and free or cheap use of the commons. The notion that the state promotes “the common good” is sadly naive."
excerpt from Kaye Lee Article
TONY ABBOTT OUR CLAYTON PRIME MINISTER WHO DOESN'T MEAN WHAT HE SAYS AND DOESN'T SAY WHAT HE MEANS.
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