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What say you?
Ok, fine, but why the need for another name? Why not just call it what it is...socialism. There's no need to confuse people with this label. I'd prefer it if people like Rockwell and Paul would just explain that any and all government intervention in the market is some form of socialism or another. The problem with both of those particular characters is that they spin the conspiracy yarn without a shred of real evidence. I personally do believe that there is a certain level of collusion at the top, but instead of stoking the conspiracy flames, we need to do a better job of just explaining economics.
This is why I can't stand Rockwell because he stopped doing that a long, long time ago and has chosen instead the lazy conspiracy and shock value route. He didn't have to but it certainly helps his own blog and book sales. Mises.org, on the other hand, hasn't felt the need to spiral into the conspiracy abyss to explain economics to people.
It's socialism. That's it. There's no need to invent another useless label.
Good post CL.
The first article was from FrontPage Magazine (neocon), which is hardly Rothbardian. Nor is there anything about any of the above that implies a conspiracy theory.
Corporatism is different than socialism, or fascism, or communism ... You can learn about it from an intellectual perspective, or stick to simple bumper-stickers ... like Republican = conservative, big business = free markets.
You can find conspiracy theories that turned out to be true in my conspiracy section. But this post is just plain, old fashioned economics.
[...] to take back our country From one of my favorite blogs The Classic Liberal What is corporatism? In a (somewhat inaccurate) phrase, socialism for the bourgeois. It has the [...]
[...] The Classic Liberal is discussing Corporatism. [...]