The Revolving Door Phenomenon | TigerDroppings.com
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Sleeping Tiger
Member since Sep 2013
6663 posts

The Revolving Door Phenomenon


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.


Image: http://rahoorkhuit93.wpengine.netdna-cdn.com/wp-content/uploads/2014/02/revolving-door-e1395777246973.jpg

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TigerPride10
Columbia Fan
Manila, Philippines
Member since Jul 2007
9679 posts

re: The Revolving Door Phenomenon
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.


NC_Tigah
LSU Fan
Member since Sep 2003
56837 posts
Online

re: The Revolving Door Phenomenon
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.


Sleeping Tiger
Member since Sep 2013
6663 posts

re: The Revolving Door Phenomenon
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.


Libertyabides71
Alabama Fan
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts

re: The Revolving Door Phenomenon
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 at 6:18 am


Sleeping Tiger
Member since Sep 2013
6663 posts

re: The Revolving Door Phenomenon
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 at 7:04 am


Libertyabides71
Alabama Fan
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts

re: The Revolving Door Phenomenon
You have a weird pie in the sky version of "communism".


Sleeping Tiger
Member since Sep 2013
6663 posts

re: The Revolving Door Phenomenon
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?


Libertyabides71
Alabama Fan
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts

re: The Revolving Door Phenomenon
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 at 6:45 am


Sleeping Tiger
Member since Sep 2013
6663 posts

re: The Revolving Door Phenomenon
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.


Jimbeaux
LSU Fan
Member since Sep 2003
12134 posts

re: The Revolving Door Phenomenon
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.


Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
16767 posts

re: The Revolving Door Phenomenon
quote:

There are some that call themselves market marxists.
Others call them fools and liars.


Sleeping Tiger
Member since Sep 2013
6663 posts

re: The Revolving Door Phenomenon
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.


Jimbeaux
LSU Fan
Member since Sep 2003
12134 posts

re: The Revolving Door Phenomenon
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.


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Sleeping Tiger
Member since Sep 2013
6663 posts

re: The Revolving Door Phenomenon
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.




Libertyabides71
Alabama Fan
Fyffe Alabama (Yeah the UFO place)
Member since Jul 2013
5082 posts

re: The Revolving Door Phenomenon
Why would you want to live in a communist system?


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Jimbeaux
LSU Fan
Member since Sep 2003
12134 posts

re: The Revolving Door Phenomenon
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.


Sleeping Tiger
Member since Sep 2013
6663 posts

re: The Revolving Door Phenomenon
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.


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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
307137 posts

re: The Revolving Door Phenomenon
quote:

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

don't worry. it's anti-government, which is fine.


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NC_Tigah
LSU Fan
Member since Sep 2003
56837 posts
Online

re: The Revolving Door Phenomenon
quote:

Image: http://rahoorkhuit93.wpengine.netdna-cdn.com/wp-content/uploads/2014/02/revolving-door-e1395777246973.jpg


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.

Image: http://i67.photobucket.com/albums/h281/NC_Tigah/Miscellaneous/LobbyVinsGOP_zpsff340c9b.jpg~original


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


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