The spike in unemployment, the destruction of retirement wealth, the collapse in the value of our homes, the worst recession since the Depression have all resulted directly from the abdication of proper government. Full Story »
Posted by Dwight Rousu - via OneRiot, Huffington Post (Featured), Digg
The "corporate communism" term has gotten quite a bit of attention, so it seem worth reading. I object to his misuse of the word communism to refer to the symptoms of a combination of totalitarianism and bureaucracy in a centrally controlled state. This makes it a bit hard for me to read.
The basic claim is that oligopolies of large corporations have essentially become a controlling government that stifles competition, protects wealth, and prevents government from protecting ordinary people. That is a strong message that does not require destroying the meaning of the word "communism."
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