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in 2009 there is no bigger issue

Corporatism versus Capitalism

Corporatism can be defined as a pro-big business view supported by government.  Once established it is well suited to reduce competition rather than increase it.   Therein lies the distinction with capitalism.  Capitalism puts the consumer in charge of deciding who wins and looses, competition increases, and the democracy of economic choice ensues.   In corporatism, government supports the interests of corporations in a manner to reduce free trade and competition.  

It could certainly be argued that the industry with the most government restriction on free trade is the healthcare industry.  It is no surprise that the current bills in Congress only do more of the same restriction of competition.   Along this line of thinking, Schweizer of the Hoover Institute has some interesting things to say about the role government is taking, and what is the agenda.

Excerpts from a Newsmax article:  Liberals Risking Global Economy

"Schweizer also agreed that big business has been all too willing to see government intervention grow, as long as profits are protected or enhanced. He said this corporate complicity is a big part of the problem.

“Oh absolutely. There's no question. The Nobel-winning economist Milton Friedman once said there's a huge difference between being pro-business and pro-free market. What you've seen in American government policy toward Wall Street is pro-big business, pro the big Wall Street investment houses. So you have right now the Obama administration pushing legislation that will make it clear that certain investment houses are too big to fail; that we will bail them out if they get into trouble.

“The problem is, it's a little bit like if your teenage son comes home and has been arrested for DWI and you bail him out and you give him the keys to the car and you throw a couple six-packs in the back seat. What do you think he's going to do? If he has not been held responsible for what he's done, he's going to engage in more risky behavior. That's what we have on Wall Street, and you have this collaboration between the big firms on Wall Street and big government in Washington. They reinforce each other, and the American taxpayer – that's you and me – are required to foot the bill for all this speculation.”

But Schweizer offers a solution to end what he calls the corruption of government-sponsored capitalism."

Further look at these concepts in a video interview with Schweizer: