The U.S. Chamber of Commerce: Threat To Capitalism
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Eric Lotke is the author of 2044: The Problem Isn’t Big Brother, It’s Big Brother, Inc., a look at a not-so-distant dystopian future in which multinational corporations openly rule the world.
The U.S. Chamber of Commerce launched yesterday “a sweeping national advocacy campaign … to defend and advance America’s free enterprise values in the face of rapid government growth and attacks by anti-business activists.”
The Chamber of Commerce doesn’t get it. They aren’t defending capitalism and free enterprise. They are all but destroying it.
Free-market fundamentalists don’t understand that capitalism is a system. It has rules, boundaries and obligations. When those rules are broken, the system falters.
• It’s not football without lines to mark touchdowns and out of bounds.
• It’s not basketball without a referee to call the fouls.
This is more than just a sports metaphor. Capitalism won’t work unless a negotiated price and promise to pay $100 is followed by payment of $100. And someone needs to enforce those rules. Otherwise it's not capitalism. It’s robbery.
These rules operate at every level.