• archomrade [he/him]
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    7 months ago

    And CEOs pledge campaign contributions and lobbying efforts to delay regulations against their corporate interests

    Government should be the counter balance to private interests, but in a capitalistic system they act in tandem.

    • Cryophilia@lemmy.world
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      6 months ago

      Only if you cede too much power to corporations.

      You’re acting like just because that’s the way it IS, that’s also the way it MUST BE. Power can and should reside with the people. If corporations Obstruct that, they should be set aside. If they bribe politicians, those politicians should be removed. These are all solvable problems, but that’s more difficult than sitting back and crying “we’re doomed, abandon all hope”.

      • archomrade [he/him]
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        6 months ago

        Only if you cede too much power to corporations.

        This is almost exactly the problem, except I think liberals tend to conceive power as independent from ‘capital’, which is its primary shortfall.

        We’ve already allowed capital to accumulate into too few hands, and now in order to rein them back in a government has to be sufficiently determined as to allow our national economic structures to be damaged in order to rectify it. A handful of companies are responsible the majority of our economic activity, threatening them too severely risks sending our financial instruments into a downward spiral.

        There’s reason to be pessimistic about the state of things, but I agree it’s not hopeless.