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Reason: None provided.

Every Socialist country has centralized their economy around Corporations.

Typically these corporations were simply regulated by "the party", which meant that the political party created "off the books" rules and laws which party members had to abide by, which meant that corporations could be controlled by party members that were obligated to follow the orders set forth by party leadership. Communists, Fascists, and National Socialists all did this. Communists tended to create committees to manage the affairs of these massive businesses, Fascists tended to create governmental negotiation apparatuses, and National Socialists tended to create bureaucratic departments to administer them.

Corporations, by their very nature, are the Democratization of ownership. The 'shareholders' are the general public ownership of a private entity. Corporations have always been Leftist philosophical economic units built to literally re-distribute wealth.

The """""Capitalist""""" system actually does this to the most extreme degree, where by investment funds that represent every bank and every pension fund invest in companies and theoretically redistribute the wealth of corporations to their depositors.

We don't live in a Capitalist system. We live in a Fabian Socialist one, on purpose, built from the ground up since the Progressive Era; and locked into place since the 1950's by Keynsianism.

This is why actual private businesses (Sole Proprietorships) are taxed very heavily and get very little in the way of legal protections or obfuscations. If you own a candy shop, and someone slips and falls in your store; the law allows them to try and put a lien on your home. But if you engage in corporate wealth re-distribution, you get so many legal protections that you can force them to sue the shell company and retrieve no assets at all.

146 days ago
1 score
Reason: Original

Every Socialist country has centralized their economy around Corporations.

Corporations, by their very nature, are the Democratization of ownership. The 'shareholders' are the general public ownership of a private entity. Corporations have always been Leftist philosophical economic units built to literally re-distribute wealth.

The """""Capitalist""""" system actually does this to the most extreme degree, where by investment funds that represent every bank and every pension fund invest in companies and theorietically re-distrubte the wealth of corporations to their depositors.

We don't live in a Capitalist system. We live in a Fabian Socialist one, on purpose, built from the ground up since the Progressive Era; and locked into place since the 1950's by Keynsianism.

This is why actual private businesses (Sole Proprietorships) are taxed very heavily and get very little in the way of legal protections or obfuscations. If you own a candy shop, and someone slips and falls in your store; the law allows them to try and put a lien on your home. But if you engage in corporate wealth re-distribution, you get so many legal protections that you can force them to sue the shell company and retrieve no assets at all.

146 days ago
1 score