The Ghost of John Galt

Absolutely brilliant comment at Aunty's have your say forum on Davos:

"Capitalists are fine, if they EARN the fruit of their labour.
Corporatism is the problem whereby the big established companies use regulation to keep the little hard working capitalist out of business". Billy, Birmingham

I would add that its parasitic wealthy elites and corrupt establishments which make it possible for this perversion of capitalism to continue! The problem truly is the an elitist global corporate fascism which is destroying free enterprise, trade & job creation!
The Ghosts of John Galt, Ghost Town

Cracks are beginning to appear and light is shining through them; especially important with idiotic comments like this right beneath:

Forget the ridiculus concept of continuous economic growth. We fool ourselves that we have growth by increasing the wealth of the highest profile individuals to idiotic levels (directors, bankers, advertisers and celebrities).

Inevitably this leads to the poor becoming poorer while having high and ultimately, unrealistic aspirations. Leading to less happiness and more crime.
[virtualpenguin], Glos, United Kingdom

Remarkable considering that actual quality of life for everyone has been improving since markets were let off the leash more.

Avoid people who talk about "(in)equality"; pennies to pounds they are purposefully ignoring obvious questions about overall quality.

1 comment:

Simon Cooke said...

What was it Adam Smith said? Oh yes...

“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”

JUst about sums up Davos really!