Wednesday, March 2, 2011

Every capitalism is a 'crony capitalism'.

'Laissez-faire' is just a relative term. Every capitalism is a 'crony capitalism'. Bourgeois Democracy is just that....a 'Bourgeois Democracy'.

Just see what Paul Krugman (Nobel Laureate and bourgeois economist) has to say...

'In principle, every American citizen has an equal say in our political system. In practice, of course, some of us are more equal than others. Billionaires can field armies of lobbyists; they can finance think tanks that put the desired spin on policy issues; they can funnel cash to politicians with sympathetic views (as the Koch brothers did in case of Mr. Walker). On paper, we're a one-person-one-vote nation; in reality, we're more than a bit of an oligarchy, in which a handful of wealthy people dominate.' (The Hindu, Feb 22, 2011).

And Mr. Krugman is no Marxist. He is just another bougeois apologist. And if this is what he feels about the Great American Capitalist Democracy do we need to add anything more...!