Except it's not capitalism; it's corporatism.It is a new from of capitalism, if can't beat 'em then grease the administrative state and regulate them out of business.
I do understand your point, but it's tough to think of an industry that's been regulated out of existence, short of the asbestos industry. Individual businesses can be regulated out of existence, but are still more likely to be run out of business or he assimilated by larger corporations. Amazon has devastated much of the physical retail community across business categories. Outsourcing of jobs and abuse of independent contractor rules have undermined employment law and regulations. I know we frequently blame government for our ills, but corporations operating without fear of attempts of government regulation have done an awful lot of damage. Let's face it. Fines of a few billion dollars don't scare off companies from acting with impunity while making tens of billions of dollars.
Except for the fact that many of those ills were CAUSED by government regulation. Often written by those same special interest/lobbies and passed by those "public servants" whose palms they greased.I do understand your point, but it's tough to think of an industry that's been regulated out of existence, short of the asbestos industry. Individual businesses can be regulated out of existence, but are still more likely to be run out of business or he assimilated by larger corporations. Amazon has devastated much of the physical retail community across business categories. Outsourcing of jobs and abuse of independent contractor rules have undermined employment law and regulations. I know we frequently blame government for our ills, but corporations operating without fear of attempts of government regulation have done an awful lot of damage. Let's face it. Fines of a few billion dollars don't scare off companies from acting with impunity while making tens of billions of dollars.
Except it's not capitalism; it's corporatism.
Yes, and those ideas were to have boundaries; Constitutional boundaries. Unfortunately, no one pays attention to that any longer.Guess the founders had a picture of how they wanted the country to be. Being a transplant I'm not too well up on the subject. I have to disagree about apathy being the reason it didn't work out the way they wanted. It was more that things weren't working out too well for a lot of people. When they eventually got the vote they had their own ideas. Or maybe, given a choice, we would rather have our lives run by a government we can theoretically get rid of rather than a bunch of corporations we have no influence over at all. Too many big boys on the block, so we wanted our own big boy. Big Gov hasn't worked out too well either, the corporations still run the show. Maybe another change is coming.
I read a speech once by an opponent of female emancipation. He said if women get to vote all they will do with it is vote for the tallest candidate. If only we could go back to the good old days when short white guys like me had a fair shot at making it.
crony capitalism = corporatism. I just called it the latter, because it really isn't capitalism when large corporations use big government to get special favors. Capitalism is about competing in the marketplace of ideas. I know I am preaching to the choir here."New form of capitalism" was a euphemism for what passes for capitalism today. Some call it "crony capitalism, who knows?
So you're telling me if I grow some tobacco, extract the nicotine, make e-liquid from it, sell it, and do all that only within a single state, I don't have to register as manufacturer with the FDA, and they will leave me alone?
Reading the Constitution, that's certainly how it should be, but back during WWII, Wickard v. Filburn trashed the last vestiges of pretense that the FedGov can't regulate anything it wants to, no matter whether it only happens within a single state, and no matter whether commerce is actually involved.
So you're telling me if I grow some tobacco, extract the nicotine, make e-liquid from it, sell it, and do all that only within a single state, I don't have to register as manufacturer with the FDA, and they will leave me alone?
Reading the Constitution, that's certainly how it should be, but back during WWII, Wickard v. Filburn trashed the last vestiges of pretense that the FedGov can't regulate anything it wants to, no matter whether it only happens within a single state, and no matter whether commerce is actually involved.
IMO it (teen vaping) boils down to 2 things. 1st, parents aren't parenting anymore, much easier to have someone else make all those decisions a teen might not agree with. 2nd, It's no one else's business. By that I make an example. My son (as many rebellious have done) smoked. I introduced him to vaping and a couple years or so later he was no longer doing either. So I was the devil incarnate by a lot of current opinions by introducing him to vaping but I would do it again in a heartbeat, Feinstein etal be damned.
"New form of capitalism" was a euphemism for what passes for capitalism today. Some call it "crony capitalism, who knows?
I know![]()
Capitalism, at its basis, is a free market. There's nothing "free" about regulation that intervenes into an exchange between two consenting individuals - in fact it's quite expensive. And while "some call it" crony capitalism, economically it's fascism (without the Hitler/Jewish connotations).
Where instead of owning the means of production and distribution, as in socialism, fascism controls the means of production and distribution, leaving "ownership" with the companies. In practice, since to own means to have complete control over something, there's not that much difference between socialism and fascism - again only economically speaking.
And most who "call it" crony capitalism, do so with the idea of putting a negative innuendo on capitalism itself.
I know
Capitalism, at its basis, is a free market. There's nothing "free" about regulation that intervenes into an exchange between two consenting individuals - in fact it's quite expensive. And while "some call it" crony capitalism, economically it's fascism (without the Hitler/Jewish connotations).
Where instead of owning the means of production and distribution, as in socialism, fascism controls the means of production and distribution, leaving "ownership" with the companies. In practice, since to own means to have complete control over something, there's not that much difference between socialism and fascism - again only economically speaking.
And most who "call it" crony capitalism, do so with the idea of putting a negative innuendo on capitalism itself.
Very informative video in that link.NGO vs. FDA | Inside the Legal Battle that Could Shut Down Vaping
In a bewildering turn of events the U.S. vaping industry is facing a mortal threat, resulting from a lost court case, in a legal battle it was not even a party to.
Great read. Thanks KD5.Nicotine is one of a very small group of chemicals, probably the only one that is in common use, which works as both a stimulant and a depressant. Chemicals like this are called Biphasic.
(Is nicotine a stimulant or a depressant?)
What Are The Short Term Effects of Nicotine On Your Body?
When you vape or smoke, the short term effects of nicotine are the main thing you’ll notice. This is a bit more complicated than you might imagine, though.
Nicotine is a stimulant, so as well as creating a pleasurable feeling, it also raises your heart rate, improves your ability to pay attention and boosts memory. But it has a “biphasic” action: if you have a little bit, it acts as a stimulant, but if you have more, it can relax you.
For smokers, this means that you inhale more deeply to get a more relaxing effect from nicotine and take shallower inhales to get more of a stimulant effect. Generally, smokers will do this as needed without even necessarily realising it.
For vaping, the majority of devices make you press a button to inhale, but the same basic rule applies. If you want a more relaxing effect, take big puffs and keep vaping until you feel relaxed. But if you want a pick-me-up, take shallower puffs and don’t vape for too long.
(What Does Nicotine Do To Your Body? The answer might surprise you… – Ashtray Blog)