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Corporate capitalism
[Mitch Muncy  02/27 02:41 PM]

Bruce’s points are excellent. As I think about this, I wonder if the problem of “corporate capitalism” is that it posits an abstract market that is not made up of any particular people. When a developer asserts that the market “wants” his project, he’s merely speculating that if he builds it, they will come. And this speculation, then, is the justification for using government to overrun the market that is actually there.

When I lit upon the word “designed” I was thinking also of a term used by John Paul II, “structure of sin”. One can’t be a member of the mob in good conscience, for instance, because it is in its essence contrary to the common good. One could say, then, that the mob was “designed” to do something evil. The free market is not like this, and so the effect of its manipulation by the unjust must be distinguished from its function and nature.

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