Of States and Corporations

Next ArticleThe Pope is wrong
Comments (1)
  1. Arang says:

    (“If we are to keep the term “capitalism” at all, then, we must distinguish between “free-market capitalism” on the one hand, and “state capitalism” on the other. The two are as different as day and night in their nature and consequences.)

    It is like saying there is a difference between a child and an adult. If you pick and choose on their differences, there is plenty to distinguish : age, maturity etc.

    But there are also commonality such as mortality, standard physical attributes etc.

    From the perspective of time, the child( free) will grow up to be an adult(state)

    The former is naive(child) whereas the latter(adult) is devious and egotistical(power and wealth become exclusive to a minority)

    And hence divisive, destablizing and corruptable state of affairs.

Leave a Reply

Your email address will not be published. Required fields are marked *

Established in 2009, The Kent Ridge Common is the independent daily of the National University of Singapore. Writers comprise largely of current undergrads with select alumni contributing to the paper. Opinions expressed are of the writer's own. Please visit our disclaimer page for our terms and conditions.

Enter your email address to subscribe to the Kent RIdge Common and receive notifications of new posts by email.