Forum Post: Capitalism was kidnapped by Wall Street.
Posted 13 years ago on Oct. 10, 2011, 9 a.m. EST by julio
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Corporatism: Is using state means to enhance market share and profitability of a few favored firms, at the expense of the citizen.
Industries have been concentrated into a few oligopolies to achieve these means. Eliminating competition and enhancing market controls. This is a socialist system known as corporate welfare and corporatism; a system where loses are socialized and gains privatized, a system where too big to fail must be protected at the expense of us, the 99%.
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