Comments on: AIG: Laissez-Faire R.I.P. http://dirtdiggersdigest.org/archives/190 chronicling corporate misbehavior (and how to research it) Tue, 24 Jan 2012 18:30:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Phil Mattera http://dirtdiggersdigest.org/archives/190/comment-page-1#comment-955 Phil Mattera Thu, 18 Sep 2008 20:36:05 +0000 http://dirtdiggersdigest.org/?p=190#comment-955 You're quite right. I was referring to the death of the *ideology* of the free market, which stayed with us after any semblance of the thing itself was long gone. Phil Mattera You’re quite right. I was referring to the death of the *ideology* of the free market, which stayed with us after any semblance of the thing itself was long gone.

Phil Mattera

]]> By: Ike Solem http://dirtdiggersdigest.org/archives/190/comment-page-1#comment-954 Ike Solem Thu, 18 Sep 2008 20:26:51 +0000 http://dirtdiggersdigest.org/?p=190#comment-954 Free-market capitalism? That, as the saying goes, would be an interesting idea. What we actually live under is a cartel capitalism system with close ties to the ruling political class, very similar in practice and theory to the relationship between the British East India Company (*and other state-chartered coporations) and the British Crown. The world's first private army was not the one seen in the movie War Inc., but was the British East India mercenary army, which is the one that actually invaded India. http://www.corpwatch.org/article.php?id=14640 "Lessons of Empire: India, 60 Years After Independence" Free-market capitalism? That, as the saying goes, would be an interesting idea.

What we actually live under is a cartel capitalism system with close ties to the ruling political class, very similar in practice and theory to the relationship between the British East India Company (*and other state-chartered coporations) and the British Crown.

The world’s first private army was not the one seen in the movie War Inc., but was the British East India mercenary army, which is the one that actually invaded India.

http://www.corpwatch.org/article.php?id=14640

“Lessons of Empire: India, 60 Years After Independence”

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