Originally posted by Scribble
The Nation State is dead in the water. Global corporations, banks, etc. have considerably more power and sway over the world than any government today. The reason this has come about is because they have been given unfettered freedom to do, more or less, whatever they like.Neoliberalism is very different to socialism, bordering on opposite. In one sense, anyway; I suppose neoliberalism could be seen as 'socialism for the rich'.
What do you define as a "free market"? Or what constitutes one?
As long as the state prints money, they will control the military, which is the club of it's monopolized force.
I don't see how this works the other way. Facebook arguably has more power than the state in certain aspects. Facebook can't foist a 27 trillion dollar debt on us, nor can they force us to stay in our homes. What power do you think these companies have, exactly, that makes them more powerful than the state.
It isn't force.
It isn't control of the money.
It isn't law making ability.
The entities you listed are extensions of the state, if a bank is bailed out it's automatically part of what I mean by the state, same with lobbyism etc. The problem with you understanding my point is that you're taking the state as an axiom.
List a single world bank or corporation, that does bad stuff that isn't linked to the state. A single example.
Neoliberalism = a group of people making decisions about the economy. This is definitionally socialism.
A free market is where anybody can associate or trade with anyone. That's it. If a guy becomes the best seller of golf balls, because he's better at it than everyone else, and people choose to give him their money autonomously,band he becomes a millionaire this is legitimate.
If a golf ball seller petitions the state to make it illegal for other people to sell golf balls, this is illegitimate and not free market.