The Predator State

The problem with both Marxism and Capitalism is human greed and lust for power, and the failure to take either or both of these 'givens' into consideration.

Capitalism, just like Marxism, as practiced by the Soviet Union, will eventually fall under the weight of its own corruption. That day is coming sooner rather than later, by the look of it.

The corporations of today cannot be trusted to monitor themselves, anymore than we would have expected Ted Bundy to self-monitor.

Corporations, today, are by their very nature sociopathic. Interestingly, enough, the corporate world is widely populated by narcissistic, sociopathic types, and functional psychotics.

Why would anyone in their right mind depend on these kind of people to police themselves?

When business owners and officers were less anonymous and opaque in their dealing with others, including their own empolyees, stock holders and communities, business did behave more responsibilibly. Not anymore!

Because of their enormous wealth and power in the political systems of every country on earth, they bear watching, closely. They bear heavy scrutiny because they have the ability to, systematically, do so much damage to everyone on the planet; even the planet, itself.

The Predator State:

"The doctrines of the 'law and economics' movement, now ascendant in our courts, hold that if people are rational, if markets can be 'contested,' if memory is good and information adequate, then firms will adhere on their own to norms of honorable conduct. Any public presence in the economy undermines this. Even insurance. Whether deposit insurance or Social Security' is perverse, for it encourages irresponsible risk-taking. Banks will lend to bad clients, workers will 'live for today,' companies will speculate with their pension funds; the movement has even argued that seat belts foster reckless driving. Insurance, in other words, creates a 'moral hazard' for which 'market discipline' is the cure; all works for the best when thought and planning do not interfere. It's a strange vision, and if we weren't governed by people like John Roberts and Sam Alito, who pretend to believe it, it would scarcely be worth our attention"