Rodney Atkinson (yes, the brother of Rowan) runs Freenations, a website dedicated to critiquing
- the European Union;
- mass immigration;
- geopolitics and macro-economics; and
- other mega-trends.
Rodney has some fascinating takes on why capitalism and corporatism are different, and why the latter is destructive while the former is not.
Basically, corporatism refers to a socio-political system in which the interests and power of large corporations or organised interest groups hold significant influence over economic and political decisions.
In a corporatist system, there is often close collaboration and coordination between the government, business entities and labor unions.
This can result in policies that prioritize the interests of these influential groups, sometimes at the expense of other sectors of society.
For example, Big Pharma’s substantial influence over governments, through policy and financial agreements, is not capitalism; it is corporatism or crony capitalism, which can be defined as
an economic system in which individuals and businesses with political connections and influence are favored (as through tax breaks, grants, and other forms of government assistance) in ways seen as suppressing open competition in a free market.
Corporatism is profoundly anti-competitive.
Consider Big Tech’s attempt to monopolise information, such as Facebook’s “fact checkers” relating to Covid shots and climate change, or Google’s manipulated algorithms.
Listen to Rodney’s conversation with me in which he breaks apart concepts like corporatism and nationism and shares insights into where mass immigration is taking Europe.
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