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The consumer gets the illusion of choice. Coke or Pepsi, either way it's sugar water produced for less than $0.05 a gallon and priced at $1.00+ for 20 ounces. Similarly, almost all food and beverage companies are owned by a few mega-corporations when you trace things back to their roots. This is the case across nearly all industries and sectors in the US. Multiple friendly faces for what ultimately amounts to one option.Usually, individuals who operate companies become wealthy/successful because the consumer has elected their product/service as important. meaning the consumer has granted them wealth for their service. This is in contrast to a true totalitarian regime, who have achieved their power by exploiting the masses.
The US very much has a large, exploited proletariat. We just don't view ourselves that way, which is extremely convenient to the powers that be.
In the sense that we have a trickle-up economy, that's true, but once it reaches the top, that wealth goes nowhere.Furthermore, wealth in capitalism is always changing hands.
Nonsense, your average consumer doesn't have an army of lobbyists in DC to distribute power as they see fit. Corporations and the wealthy elite do.The power is distributed according to the consumers will.
Oh give me a break, in what way are monopolies not a direct result of unregulated capitalism? A corporation with the power to corner a certain market will always choose to exercise that power.(This relationship is often fractured by government, in the establishment of Monopolies or Trusts that are not a consequence of capitalism).
Aside from the tech sector, the US has several "royal families" which were around for 100+ years before my birth, and without some sort of revolution, will still be around for 100+ years after my death. The Federal Reserve itself is a private entity that isn't going away any time soon, let alone Wal-Mart or any major bank.Again, true totalitarian regimes have power that rarely changes hands.
Last edited by Xzi,