Corporate Capitalism: State Owned Enterprise in Disguise
Posted on February 22nd, 2007 by Brad Spangler
When trying to dissect and examine the nature of overlapping government and corporate power, it’s difficult to not overlook so many aspects of it. Many so-called “private companies” are not merely state-allied in the class analysis sense of agorist class theory, but literally state-owned in varying degrees, often quite substantial.
For example, research credit to Andy commenting at Last Free Voice:
- Asset Listing of the New York State and Local Retirement System, 2006. It took 66 pages just to list companies in which stock is owned.
- The Illinois State Investment Board and New York City Pension Fund are major shareholders of Wal-Mart.
- And so on.
The result is a system not all that different in principle than the Soviet model.
Share This
