If we want to find answers of these questions, or similar to them, we must analyse the whole system itself. Starting from the basic components to the more complex ones, or looking the system as one and "degrading" it to the very basic foundations. No matter what method we use the results will be somewhat disturbing....
Well look today's economy!!
We saw in the past how the USA was handling the world crisis, by injecting huge amounts of cash into their economy. The car industry, the heavy industry, travelling industry ( referring to the air companies), banking industry etc.
Today the same thing is happening in the EU, where Germany and France are injecting cash into the Greek economy so they can maintain the stability of their national banks. This is due to the fact that the Greek debt consists mostly from German and French bank loans.
I just mentioned in short those events, just to give you a glimpse of the situation in the past and in the near future, just to see the facts. And what are the facts? Well today we can see how THE STATE is doing whatever it can to prevent bankruptcy of some companies which are leaders in one or another sector. Today's governments are doing everything in their power to save those companies or states (in the example of Greece).
Wait!!!
So if I understood it correctly THE STATE is trying to do something that is by me forbidden in the "capitalism in the purest form"?! Tell me how can I as a true capitalist can explain the huge governments help that some companies are given?! Help which came from my own pocket, from my tax pay...?! And not only mine but everybody else!?
Hey buddy what I've been told, today if you cannot take the pressure from the competition, if you cannot cope with the prices and cost-expenses, if you can't pay your taxes, salaries etc. then YOU'RE GOING DOWN!!!.
What are YOU (government aided companies) more important than the rest of us?! Can anyone see the irony in this? Us who are making profit, us who pay their taxes, us who are keeping the economy on it's feet are left behind and those which are "clumsy", those who are poorly managed and somehow their managers are receiving HUGE bonuses are rewarded?!
This indirectly means that the government aided companies are one way or another a state companies. Well THE STATE will always say that they are doing this to prevent firing 10,000 , 20,000 or more thousands of workers from work or to prevent some bank from collapsing as the result of the bankrupt company... Yes I can't argue... There will be an unemployed, and some market disturbance but it will be on short term! Why?! Because the collapsing "giant" will make a "market gap". Gap which will be a great opportunity for the other companies in the same sector. Companies which deserve to take the place of the "clumsy giant".
So if we sum all of this we can see illogical state interference in the open market. Yes we can interfere in the economy or at a specific sector but only if by all means it's logical and the intervention will affect the whole sector not some companies as we see nowadays. That kind of intervention where we actually don't have an open market, where the state is "telling " you what's gonna be produced and by whom, where the state indirectly owns the whole sector or the whole economy hugely reminds me more of something else rather than capitalism...
It reminds me of a socialism!!!
Yes, today I cannot analyse and justify some government actions from the capitalist perspective but if we analyse the same actions from the socialistic perspective they make sense... Sad but true my friends... Indeed....
I only can imagine if Carl Marx was alive or by any chance is looking us from some heaven or hell how he is laughing with a sinister smile...
Well Marx - capitalism : 1-0 and we better change something until the match is over and we loose ....
