Tuesday, 13 March 2012

The Donkey and Cart model of capitalism

The way I imagine capitalism should work goes as follows: corporations are a donkey, pulling a cart; government is the driver of the cart, controlling the donkey; and the public are the passengers on the cart, telling the driver where they want to go.

In our present situation, the driver has lost control of the donkey; it pulls the reigns this way and that, making it look like the driver is in control. And the driver doesn't want to admit to the passengers that he's lost control of the donkey.

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