[lbo-talk] Re Rural society and Communism (Was: CBO on HR 1)

Shane Taylor shane.taylor at verizon.net
Sat Feb 14 07:23:15 PST 2009


SA wrote:


> Of course, many people would point out that in the real
> world of capitalism, the vast majority of production and
> investment is carried out by big bureaucratic corporations,
> not plucky little tinkerers toiling in their basement.
> That's true, but every single act of production involves
> a product and/or process that first had to be thought of
> by some entrepreneurial agent. It may have actually been
> a plucky entrepreneur like the Google boys. But even if
> it was a corporation, it was a corporation that had access
> to an innumerable choice of potential capital sources, and
> that was always under (potential) competitive pressure
> from millions of other firms and individual entrepreneurs
> who might come up with a better product or process.

With the state forever present, a source of market-shifting (and defining) power beyond mere capital, possessing the legal means to block their competitors or open other markets to themselves. And those Google boys, like the rest, demand access to such power.

Shane



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