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Igel

(37,126 posts)
1. Ip may have a degree in economics, but his world is too small.
Fri Oct 3, 2025, 09:28 PM
10 hrs ago

There are a lot of economic systems that can be seen as "prototypes" and shades of gray between each.

Take the Nazis. Their preferred board of directors was about 1/3 union reps, 1/3 government reps, 1/3 shareholders/corporate reps. "Stakeholders" all, I guess. (Ignore that under the Nazis, as under the Soviets, unions weren't independent but toed the ideological line laid down.) The myth is that corporate types told the government what to do; that's like under Putin, where the "corporate types" wielded tons of power and clearly had a seat at the table, but peek under the table cloth and you see who's got an iron grip on who's genitals. But that's not socialist and it's clearly not capitalist.

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