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The Revolving Door Phenomenon

Posted on 3/26/14 at 4:17 am
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 3/26/14 at 4:17 am

The below infographic viscerally demonstrates the “revolving door phenomenon,” whereby staff from big business are brought on in government lobbying or legislative positions relating to their previous jobs—often going back and forth between both the public and private sectors.



LINK
Posted by TigerPride10
Member since Jul 2007
10356 posts
Posted on 3/26/14 at 4:55 am to
The Economist just did a big article on crony capitalism and rent seekers a couple of weeks ago. From that and the above graphic, it's hard to tell where our government starts and the corporations end.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123896 posts
Posted on 3/26/14 at 5:49 am to
Wow!
Looks like a hitpiece directed at the Dems,

If those are accurate, I'm surprised at how disproportionate involvement of the two parties is.
Would have expected ~ 50:50.
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 3/26/14 at 5:51 am to
quote:

The Economist just did a big article on crony capitalism and rent seekers a couple of weeks ago


I don't want this thread to be anti capitalist, its intention is to highlight the ugly reality of fascism, which is a serious concern.

That said, I reject the way the term 'crony capitalism' is being used to disassociate this problem from capitalism.

Stalin went in a 180 degree opposite direction from what was prescribed for communism, not to mention issues with foreign armies, famine, civil war, and overall terrible starting point for the system. Yet it's simply called communism, and its understood that human nature makes it an impossible reality.

But when greed and the desire for power disrupt capitalism we call it 'crony' instead of giving it the same critique as we do for communism.
Posted by Libertyabides71
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts
Posted on 3/26/14 at 6:15 am to
quote:


I don't want this thread to be anti capitalist, its intention is to highlight the ugly reality of fascism, which is a serious concern.

That said, I reject the way the term 'crony capitalism' is being used to disassociate this problem from capitalism.

Stalin went in a 180 degree opposite direction from what was prescribed for communism, not to mention issues with foreign armies, famine, civil war, and overall terrible starting point for the system. Yet it's simply called communism, and its understood that human nature makes it an impossible reality.

But when greed and the desire for power disrupt capitalism we call it 'crony' instead of giving it the same critique as we do for communism.



So you want to remedy a lack of freedom in markets with restricting markets? If it wasn't profitable to be in the revolving door it wouldn't happen in the first place. But you prescribe an even closer relationship between Capital and Government.

Our problem is with collusion in the marketplace, your problem is with the marketplace.
This post was edited on 3/26/14 at 6:18 am
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 3/26/14 at 6:29 am to
quote:


So you want to remedy a lack of freedom in markets with restricting markets? If it wasn't profitable to be in the revolving door it wouldn't happen in the first place. But you prescribe an even closer relationship between Capital and Government.

Our problem is with collusion in the marketplace, your problem is with the marketplace.



I'm not prescribing anything here. I'm at a loss for how much you dismantled my post.

One can recognize that the collusion between gov't and the private sector is fascism or the more popular term crony capitalism.

And also recognize that when capitalism is destroyed by human nature we call it 'crony' but when human nature disrupts communism its just called communism.

That can be run through the brain without creating a communism vs capitalism debate. (And your assumption about markets isn't necessary accurate. Markets can exist with communism).
This post was edited on 3/26/14 at 7:04 am
Posted by Libertyabides71
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts
Posted on 3/26/14 at 6:31 am to
You have a weird pie in the sky version of "communism".
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 3/26/14 at 6:33 am to
quote:

You have a weird pie in the sky version of "communism".


How so?

And what does this have to do with the actual point?
Posted by Libertyabides71
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts
Posted on 3/26/14 at 6:40 am to
quote:



How so?

And what does this have to do with the actual point?



"markets can exist in communism", Communism is about the replacement of markets and private control of capital.
This post was edited on 3/26/14 at 6:45 am
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 3/26/14 at 6:45 am to
quote:



"markets can exist in communism", Communism is about the replacement of markets.



Marx himself believed in the existence of markets, at least to a degree.

There are some that call themselves market marxists.

Hashtag - things ya didn't know.
Posted by Jimbeaux
Member since Sep 2003
20114 posts
Posted on 3/26/14 at 7:02 am to
I don't believe that the fact that politicians often become lobbyists for large companies is automatically to be assumed to be a bad thing. It surely does not meet the definition of fascism.

By the same token, I don't have a problem with politicians seeking input from companies regarding the industry they are trying to regulate.

Sure, it looks bad, because we know the potential for corruption is always there. Nevertheless, the process it takes to construct laws, rules, and regulations is very difficult and complicated. I really don't see how it could be done any other way.

The remedy, if any, is to have as open a process as possible. That's one of many reasons why the Obamacare law was so disturbing. That was an extremely large and complicated piece of legislation. Of course, input from various industry leaders and other "thinkers" was necessary to craft such a bill. But the process was clandestine, and even worse, there was an unprecedented acknowledgement that not only did no one know the who or how or why, the politicians didn't even know the what. The now famous line, "you have to pass it to see what's in it'" should make every american very afraid!

That, my friend, is fascism.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 3/26/14 at 7:03 am to
quote:

There are some that call themselves market marxists.
Others call them fools and liars.
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 3/26/14 at 7:07 am to
quote:

Others call them fools and liars.



Is that so?

Hate to break it to you but there are market marxists, they're not liars, they truly believe in the existence of a market and Marx wrote about markets remaining in existence post capitalism.
Posted by Jimbeaux
Member since Sep 2003
20114 posts
Posted on 3/26/14 at 7:11 am to
quote:

Hate to break it to you but there are market marxists, they're not liars, they truly believe in the existence of a market and Marx wrote about markets remaining in existence post capitalism.


He must have a different definition of "markets."

A command economy is antithetical to a free market economy.
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 3/26/14 at 7:13 am to
quote:

I don't believe that the fact that politicians often become lobbyists for large companies is automatically to be assumed to be a bad thing. It surely does not meet the definition of fascism.


What's presented in the OP is hardly where fascism starts or finishes in this system, I didn't think anyone would take it that way, I guess you did.. shrug.

quote:

I don't believe that the fact that politicians often become lobbyists for large companies is automatically to be assumed to be a bad thing


Well they're becoming far more than lobbyists. If you look at the job titles you can see that.


Posted by Libertyabides71
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts
Posted on 3/26/14 at 7:19 am to
Why would you want to live in a communist system?
Posted by Jimbeaux
Member since Sep 2003
20114 posts
Posted on 3/26/14 at 7:21 am to
quote:

Well they're becoming far more than lobbyists. If you look at the job titles you can see that.


That's also not disturbing or surprising.

Politicians are just people, like you and me. They aren't branded, "politician"' and therefore can never seek other employment or better their situation.

Corporations are not moustache swirling, scheming, evil corrupt entities. They are just a group of people organized to do business. They are no more necessarily corrupt than "mom and pop" shops, or individual laborers.
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 3/26/14 at 7:26 am to
quote:


Politicians are just people, like you and me. They aren't branded, "politician"' and therefore can never seek other employment or better their situation.


I guess not everyone is going to see the issue with people writing and voting on laws and then benefiting from them in the private sector.

And this isn't just about a person taking their talents from the political arena to the private sector, it's about the recognition of clear collusion and near partnership between government and corporations.

A partnership that is designed to grow and empower gov't and big business in unison.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422428 posts
Posted on 3/26/14 at 7:40 am to
quote:

I don't want this thread to be anti capitalist,

don't worry. it's anti-government, which is fine.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123896 posts
Posted on 3/26/14 at 8:33 am to
quote:



Wow!
Looks like a hitpiece directed at the Dems,

If those are accurate, I'm surprised at how disproportionate involvement of the two parties is.
Would have expected ~ 50:50.
Here is what the diagram looks like when most Democrats are removed, and only solo or shared GOP contributions are included.



This post was edited on 3/26/14 at 8:47 am
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