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G_S_Bhogal's profile
Gurindoor
Gurindoor
Gurindoor
@G_S_Bhogal

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Gurindoor

@G_S_Bhogal

Connoisseur of antidepressants. Words about psychology, philosophy, politics.

Joined November 2014

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    1. Gurindoor‏ @G_S_Bhogal 30 Oct 2017
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      Once upon a time, corporations sought advantage by championing right-leaning politics. Now they seek advantage by championing left-leaning politics. The reason for this is that lobbying governments has become less effective than lobbying the general public.

      5 replies 13 retweets 40 likes
      Show this thread
    2. Gurindoor‏ @G_S_Bhogal 30 Oct 2017
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      Replying to @itsukarine

      Equality and fairness, when enforced by interventionism, fly against the principles of an unregulated free market.

      1 reply 0 retweets 1 like
    3. thinking about it‏ @philosophicweb 30 Oct 2017
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      Replying to @G_S_Bhogal @itsukarine

      Where are the unregulated free markets? Loads of regulations at work in the USA, Europe as you well know.

      2 replies 0 retweets 0 likes
    4. Gurindoor‏ @G_S_Bhogal 30 Oct 2017
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      Replying to @philosophicweb @itsukarine

      Precisely, which is why the West can no longer be considered to have pure capitalist (laissez-faire) markets.

      1 reply 0 retweets 0 likes
    5. thinking about it‏ @philosophicweb 30 Oct 2017
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      Replying to @G_S_Bhogal @itsukarine

      So that point needs to be added to every instance of using the word 'capitalism' wouldn't you say? Praps a new term is needed.

      1 reply 0 retweets 0 likes
    6. Gurindoor‏ @G_S_Bhogal 30 Oct 2017
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      Replying to @philosophicweb @itsukarine

      Most of today's markets are mixed economies. Capitalist generally describes markets that are predominantly private sector. Socialist describes markets that are predominantly public sector. For pure capitalist markets, we can use laissez-faire.

      2 replies 0 retweets 1 like
    7. thinking about it‏ @philosophicweb 30 Oct 2017
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      Replying to @G_S_Bhogal @itsukarine

      China, Nth Korea you mean, as 'predominantly public sector'? Venezuela, but latterly not so much? Trying to think where u referring to

      1 reply 0 retweets 0 likes
    8. Gurindoor‏ @G_S_Bhogal 30 Oct 2017
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      Replying to @philosophicweb @itsukarine

      Pretty much, yeah, although I'd describe China as state capitalist rather than actual socialist (as it describes itself). More info here: https://en.wikipedia.org/wiki/List_of_socialist_states …

      1 reply 0 retweets 0 likes
    9. thinking about it‏ @philosophicweb 30 Oct 2017
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      Replying to @G_S_Bhogal @itsukarine

      So somehow the state is not involved in 'socialism' according to this definition. Can't be said. State always involved - to date.

      1 reply 0 retweets 0 likes
      Gurindoor‏ @G_S_Bhogal 30 Oct 2017
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      Replying to @philosophicweb @itsukarine

      Yes, it is a truism that countries are mixed markets composed of private & public sectors. My tweet was about how corporations, once the biggest advocates of laissez-faire, now use socialist ideas to increase their brand value. The existence of interventionism doesn't change that

      5:44 PM - 30 Oct 2017
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