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  #11  
Old November 19th 03, 07:12 PM
Andrew Gideon
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G.R. Patterson III wrote:

Thus, if a capitalist cabal were running the war, it would have to
conclude it wasn't a paying proposition.


The author is wrong...and badly so. Embarassingly so, I'd hope, unless the
article was deliberately deceptive.

I won't address the truth of these assertions; I lack that information.

However, his conclusion above silently assumes that those paying for the
war, reconstruction, etc. are the same as those accruing the benefit from
the aforementioned contracts. This need not be the case. The war etc. is
funded by taxpayers; the contracts reward shareholders of specific
companies.

A pure capitalist among the shareholder population would be perfectly happy
with this arrangement.

- Andrew

 




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