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[–]MarkimusNational Socialist[S] 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (4 children)

High Finance has no country, only interests.

  • Juan Peron

[–]casparvoneverecBig tiddy respecter 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (3 children)

Yup. Having capitalists means having a permanent class of traitors in your country, ready to auction her to the highest bidder.

There was a notorious example of this with Krupp. During WW1, they sold hand grenade schematics to the British. They were disappointed at not being paid at the moment with the war raging. After the war, the British awarded them with shares in the Vickers company.

They made millions off of selling a tech that maimed and killed thousands of German soldiers. It's hard to imagine someone more worthy of being broken on the wheel and left as carrion to the vultures.

Capitalists are like this in every country. They have no real loyalty to the land and people and inevitably corrupt society with their money power.

Ideally, billionaires should not exist. No one man should be allowed to own that much money. There are no amenities or luxuries on this earth, you can't have with a hundred million dollars. That's more than enough for one person.

We should look towards worker-owned corporations as the road forward, a lot like medieval guilds. No one man or family can ever be allowed to control vast sectors of the economy or command too much wealth. The minute that happens, your society is destined for the gutter.

[–]MarkimusNational Socialist[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (2 children)

We should look towards worker-owned corporations as the road forward, a lot like medieval guilds. No one man or family can ever be allowed to control vast sectors of the economy or command too much wealth. The minute that happens, your society is destined for the gutter.

People are studying the third position

[–]casparvoneverecBig tiddy respecter 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

third position

Did Fascist Italy or Nazi Germany make any such innovations though? The Nazi economy was essentially a mix of large privately owned corporations and state-run enterprises. The banks were mostly controlled by the state as well.

It was essentially a top down system. What I'm talking about is something more organic. A truly democratic workplace where the workers have a say in the direction of the company. Ideally, they should all vote to elect the Director/CEO for a period of 5 or 7 years. Nazi Germany as far as I know had run of the mill top down corporate structures where either the factory was owned by a businessman or a government manager.

[–]MarkimusNational Socialist[S] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Italy did it in the Salo Republic. Neither Italy (except in the second republic but it was a smaller state) nor Germany reached an 'endpoint', they were constantly evolving and both used a gradualist revolutionary strategy. They probably both would have fully implemented Corporatism with a lot of distributed ownership at some point.