Been gone for 6 months from DU...my question is

[Rex]

what does it mean to a capitalist society when there are corporations 'to big to fail'? Is that right? Can't fail?

[Raineyb]

1. It means that they have managed to privatize the profits and socialize the losses.

Socialism for corporations and the rich, not so much for the rest of us.

We need to be forcing these too large companies to break up. It's the least that should happen when we own 80% of the company.

Regards

[Rex]

2. The serfs eat shit while paying for the aristocracies wealthy parties.

Whatever happen to ant-trust laws? Wouldn't they apply to a company 'to big' to fail? I guess 8 years of the Chimperor was too much for our way of life. :(

[Raineyb]

4. Apparently, anti-trust hasn't really been enforced since Reagan.

Someone needs to dust that law off and actually actively enforce it.

Regards

[sicksicksick_N_tired]

30. ,..be nice to imagine the frauds being defrauded,...of their fraud,...

,...

,...jus' doin' dreamin',...

[seemslikeadream]

3. market tyranny

The global economy has become like a malignant cancer, advancing the colonization of the planet's living spaces for the benefit of powerful corporations and financial institutions. It has turned these once useful institutions into instruments of a market tyranny that is destroying livelihoods, displacing people, and feeding on life in an insatiable quest for money. It forces us all to act in ways destructive of ourselves, our families, our communities, and nature. This destructive process is driven by a combination of institutional forces and an extremist ideology of corporate libertarianism that invokes the theories of Adam Smith and market economics to advance policies that systematically undermine both the market and democracy.

[Rex]

5. Market tyranny

I will have to remember that term. :thumbsup:

[seemslikeadream]

7. I just found this and going to listen to it now

Trinity Institute Keynote: David C. Korten

http://www.youtube.com/watch?v=f3QJJcgAwi4

[BelgianMadCow]

10. ah DU at it's finest

always pearls between the swines ;-)

:thumbsup:

on edit: on par and complementary : "century of the self" -the strategy behind consumerism.
http://video.google.com/videoplay?docid=8953172273825999151

[kentuck]

6. It means our Party has taken the sides of the bankers and corporations...

it's a sea change in the Democratic Party.

[FreakinDJ]

8. Children - can we say "Titanic"

that fucker sank in less then 3 hours too

[wroberts189]

20. While the politicians rearrange the deck chairs and keep the band playing. nt

[LWolf]

9. It means we need to move into an era of

big-time, unmitigated trust busting.

IMO, of course.

[Mike 03]

11. It means we needed more regulation in the 90s than we realized, a lesson we should have

learned well enough from the implosion of Long Term Capital Management. Indeed, Greenspan himself knew the writing was on the wall.

[Fire1]

12. It also means that we have evolved into a 'global economy'

not recognized 25 -30 years ago.

[NJmaverick]

13. It means the government has been asleep at the wheel in terms

of the creation of mega corperations that act as near monopolies.

[spanone]

14. it means it is no longer a capitalistic society....

[EFerrari]

15. What is it called when corporations and government conspire against the people?

There's a word for that, surely.

[Rex]

21. Well they threw 'conflict of interest' out the window years ago.

What is a little collusion between friends?

[omega minimo]

23. Reaganism?

:think:

[scarletwoman]

27. Class War works for me -- they're the modern aristrocracy. "Feudalism" works, too.

One class of Owners and their enforcers and abettors, and one class of serfs.

sw

[Sebastian Doyle]

31. I believe Mr. Mussolini called it "fascism"

And he was pretty much accepted as an authority on the subject.

[EFerrari]

32. So he did. Where would we be without the wisdom of the old masters.

[chill_wind]

16. It means we are the citizens of the United States of Goldman Sachs.

[Incitatus]

17. That they donate so much money to politicians and have so much influence

that if they failed our government and society would have to change in a way that would no longer benefit the elite in the same way it does today?

[chimpymustgo]

18. Good answer (among a bunch of good ones)!

[wroberts189]

19. Yep... we have arrived at full blown insanity. Hostages to corporate masters. nt

[omega minimo]

22. It means you didn't see this?

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x5345808

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5346131&mesg_id=5346131

[Rex]

26. No I didn't see those

Thanks! :)

[omega minimo]

28. excellent.

:hi:

[KoKo]

24. You should have stayed away another 6 months..It's not a good time to be here. n/t

[Rex]

25. Well I stayed away so I didn't have to watch the fight over the POTUS.

Now that is over, I'm back...looks like the same ol same ol at DU. Why is it worse?

[KoKo]

29. It will take some time to see how Obama as President sorts out...

So far...it's still infighting..amongst Dems and Missiles launched from ther RW...plus the "Shadow Govt." and the rest.

I'd give it another 6 months to see how it sorts out before "dipping toe in water" if you had to "cool out" for 6 months before.

Why aggrivate yourself..if you can just wait it out?