Submitted by davidesmay on Sat, 02/16/2013 - 2:24pm
Back when capitalism existed, vendors of goods and services competed with each other to offer the highest possible quality for the lowest possible price to attract customers.
Back when democracy existed, political parties offered opposing view points and solutions to common problems and these issues were discussed in open debate.
Today in NC our economic and political system is corporatism, which does not follow the laws of capitalism or democracy. Corporatism seeks to control supply, control demand, conspire to fix prices, eliminate economic competition, reduce wages, and undermine our democratic institutions with bribery.
In a corporate economy, large corporations conspire to reduce supply, lower quality, manipulate demand, reduce the field of competitors to a small band of conspirators, reduce wages and increase prices.
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