Quote:
Originally Posted by Charlatan
Will capitalism does not promote corporatism per se. Corporations are a way that certain capitalists can hide from their responsibilities. Change the laws a bit and the benefits of a corporation will remain while the more egregious problems of corporations will fade away.
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It was my understanding that pure capitalism basically operates in a governmental vacuum, with no interference whatsoever. My economics teacher my freshman year was a raging capitalist just like most economics teachers I know of here in the US.
Governments can step in and make the necessary rules to prevent corporatism, and then the corporations that do make it buy politicians and you get corporatism again. With no government interference, it just skips the bribery (or rather lobbyists, same diff) phase.