))
Corporatism vs. Capitalism
Manage episode 315373487 series 2963994
Content provided by Chris Coffman and Eric Knight. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Coffman and Eric Knight or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
00:45 - Today we're going to discuss corporatism vs. capitalism.
05:04 - Small businesses operate in a free market. That's real capitalism. But large corporations often do not, because they can bend rules and policy in their favor.
09:00 - 20% of the US economy no longer has a free market. It's healthcare.
14:02 - It used to be the majority of doctors were sole proprietors. Now, over 90% of doctors are employees of major healthcare companies.
20:17 - The only people who pay full price for medicine are people who don't have insurance. Generally, the lowest-income people.
25:34 - The free market isn't roaring anymore, because Government got in the way, and giant corporations are dancing along with them.
26:08 - Follow the example of Ludwig Erhard, who forbade companies from talking/lobbying with government officials. It forced separation of the economy from politicians.
27:22 - Summary - Open up the free market. It's the most fair, equitable system...but corporatism is not.
Get Chris's novel, Crisis Deluxe
https://www.crisisdeluxe.com
14 episodes
Share
