Comments on: The Corporate State

By: moto mba

moto mba — Sun, 22 Nov 2009 10:36:30 +0000

I am surprised that people are surprised. Market socialism has been around for centuries. As i live in spain, you see this all the time.People making millons through government contracts, favoritism for (quick) licenses that otherwise could take years! Rather than compete in the “real world” it is more profitable and assured through the goverment. Some have heard of “eco-corruption” – in that regard the Italian mafia is a laggard.

Spain is numero uno in the world for eco-corruption. HUGE amounts of subsidies have gone for solar panels – made in china of course. And thus solar panal growth was in the thousands of a percent.Solar “farms” installed but not linked to a grid along with poor placemente just to get the funds.Cases of town mayors,council members investigated and jailed for wind farm corruption.

Gore,Ray and Perkins are corrupt opportunists to make a bundle having the government subsidize and garantee their INEFFICIANT companies. Carbon trading is another sham to swindle the public and obtain HUGE commisions while being the all powerful shadow state for redistibuting “wealth”. Essentially Gore is sore for not being president.But he aims to govern through other means- and make himself a billionair at the expense of the public

By: Elliot

Elliot — Mon, 26 Oct 2009 17:41:01 +0000

It keeps amazing me that nothing is real but that saying makes it so. Otherwise intelligent people using common vocabulary to describe things that make us cringe. That’s an old Monty Python method, (Well, there’s some! rat in it.) As for the monogamous orgy, I’ll take the latex consignment for that.

Related to this; Does it not seem that “The smartest one in the room, et al” seems to be using the wrong units? How big is this room? Are they completely alone in this vast space? can we get them a tiny space with some company? Please elaborate.

By: Allen

Allen — Sun, 25 Oct 2009 18:37:55 +0000

market socialism? What’s next, a monogamous orgy?

By: BlogDog

BlogDog — Sun, 25 Oct 2009 12:16:59 +0000

A couple of years ago Forbes had an article about ethanol in which Vinod Khosla, described as a “venture capitalist,” was going to government to get subsidies for his investments. Forbes subsequently published my letter in which I called this rent-seeking SOB a “venture socialist.”
Seems like the behavior is getting more widely spread these days.

By: epobirs

epobirs — Sun, 25 Oct 2009 11:46:17 +0000

The amazing thing is that this statist wannabe made his fortune running Oracle Corp. for almost a decade. Oracle owes its success to its founding around a product that the conventional wisdom said couldn’t be made to work on inexpensive small computers. If it were left up to government committees we’d still be doing everything on IBM mainframes and most innovation would die unexamined in a world where the government determined the winners and losers.

By: perlhaqr

perlhaqr — Sun, 25 Oct 2009 00:57:45 +0000

That’s really disgusting.

By: brett adamson

brett adamson — Sat, 24 Oct 2009 06:11:53 +0000

Why are government funds given to these electric SPORTS CAR companies with PRODUCTION OUTSIDE THE US?

By: Mesa Econoguy

Mesa Econoguy — Sat, 24 Oct 2009 01:57:11 +0000

Ben, in fairness, they have always been this way. This is nothing new under the sun.

Letâ€™s not overstate their media-driven relevance.

By: ben

ben — Sat, 24 Oct 2009 01:09:10 +0000

This actually reads like something from the Onion. Its the total lack of a distinction the investor makes bewteen the two investment models. Rent seeking is just another investment with a (superior) risk/return. Ho hum.

Why is Obama doing this? I simply cannot believe how divorced from reality the Democrats have allowed themselves to become.

By: Eric

Eric — Fri, 23 Oct 2009 23:48:45 +0000

I can’t explain exactly why, but this is probably the most chilling thing I’ve read in a long time. Maybe it’s the fact that the author is the kind of person I would have expected to be on “our side,” that is, the laissez-faire side. Or maybe it’s the fact that he is so brazen about what he is saying. In the past, businessmen at least pretended that government action they favored represented some
kind of “public good,” even though it was usually nonsense.

Now, apparently, rent-seekers just admit that rent-seekingis good business (if you can get it).

Just chilling.