T.C.O.W. 1: Is Capitalism the justification for Corporatism..

[richardhutnik]

SmokedHostage said:

and/or can Corporatism be the endgame for Capitalism?

I'm just wondering what you guys think.  I tend to love reading political discussion so please reply.

I personally think it is btw but I'd love to be proven wrong.

You can have capitalism without there being a legal structure of ownership where the owners of a business suffer no legal liabilities for what they own, which is what a corporation is.  There are pros and cons to this form of legal structure for ownership.

In corporatism, the corporate form of ownership becomes the dominate driving force in shaping laws and values in a society that has it.  So, you can not only have capitalism without corporatism, you also can have capitalism without corporations.