NO, it's not government connections at all!

[Berzerker]

Kid -

Corporate Welfarism is not an economic system

Corporate welfarism is similar to mercantilism, not capitalism. And yes, mercantilism is an economic system. As for the US, capitalism requires a free market and a free market allows at most minor regulation. Therefore, some aspects of the US economy may qualify as capitalistic while other aspects are not because they are highly regulated. But if you think corporate welfarism is not an economic system and capitalism is an economic system, why would you argue corporate welfarism is capitalism?

[Kidlicious]

Originally posted by Berzerker
Kid -

Corporate welfarism is similar to mercantilism, not capitalism. And yes, mercantilism is an economic system. As for the US, capitalism requires a free market and a free market allows at most minor regulation. Therefore, some aspects of the US economy may qualify as capitalistic while other aspects are not because they are highly regulated. But if you think corporate welfarism is not an economic system and capitalism is an economic system, why would you argue corporate welfarism is capitalism?

Corporate welfarism is not an economic system, period. Go look at a chapter in any intro to econ textbook titled comparative economic systems.

[Berzerker]

Kid, why do you keep ignoring my questions? If corporate welfarism is not an economic system and capitalism is an economic system, then why would you argue corporate welfare is capitalism?

Mercantilism is an economic system and it has alot in common with corporate welfarism.

[Kidlicious]

Originally posted by Berzerker
Kid, why do you keep ignoring my questions? If corporate welfarism is not an economic system and capitalism is an economic system, then why would you argue corporate welfare is capitalism?

I'm not arguing that corporate welfare is capitalism. I'm arguing that there is no such economic system as economic welfarism and therefore the US is not corporate welfarist. Corporate welfare normally exists in a capitalist system. That doesn't mean that it is capitalism.