[lbo-talk] Jayati Ghosh on the contradictory effects of tech change

Marv Gandall marvgand2 at gmail.com
Mon Feb 15 18:17:25 PST 2016


Corporations have a contradictory relationship to the state: They like state intervention which advances their interests, which is mostly the case, and oppose state spending on social needs which raises their cost of capital and taxes without offsetting net benefits to the system. They unanimously support the state’s bodies of armed men and the role played by the state’s governing parties as guarantors of the capitalist system. Wouldn’t we all agree with this?


> On Feb 15, 2016, at 11:49 AM, Shane Mage <shmage at pipeline.com> wrote:
>
> On Feb 15, 2016, at 2:10 PM, Jordan Hayes wrote:
>
>> Shane Mage writes:
>>
>>> Capital never, ever, seeks to destroy government.
>>
>> Not the parts it likes. But the other parts?
>
> Capital is not any one--or twenty--corporations (artificial persons). Government is needed for the benefit of the *whole* class, most of which, as human beings, need the same government services as the rest of us
>>
>> Tell me that Exxon loves the EPA.
>
> Many--probably most--of the shareholders do.
>>
>> Tell me that the AMA loves the FDA.
>
> The AMA is not a capitalist or a corporation. It is a trade association acting as a cartel. It absolutely requires "government" to restrict entry into the business and keep us from "self-medicating." When the AMA starts telling the FDA to treat marijuana like aspirin you might consider raising the question of who it likes, us or them...
>>
>>
>> ...Tell me about private prisons...
>
> I'll tell you about private prisons. they are part of the state, part of "Government." Even in the Spain of "Fidelio" Pizzaro's private prison could not exist without the sponsorship of "the best of kings."...
>
>> , highways, parking meters, water systems, trash collection ... these are public services that are being eaten up by "government-loving folks" ...who love being part of it and raking off the dough they would otherwise be paying to their tame politicians et. al.
>
>
>
> Shane Mage
>
> "scientific discovery is basically recognition of obvious realities
> that self-interest or ideology have kept everybody from paying attention to"
>
>
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