• rumschlumpel@feddit.org
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    15 hours ago

    And almost no other countries are victims of regulatory capture to the degree that the US is.

    That seems hard to believe, considering stuff like the “banana republic” thing - surely, the country that gets couped for the purpose of economic exploitation by a foreign power is captured more thoroughly than a country that had at least somewhat democratic institutions?

    • Viking_Hippie@lemmy.dbzer0.com
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      15 hours ago

      You’d think so, but guess what country the corporations couping with impunity is almost invariably from?

      Past the propaganda, the institutions of the US aren’t actually that democratic. They’ve mostly been designed by and for the rich and powerful from the beginning but especially since the rise of Neoliberalism in the late 70s.

      • rumschlumpel@feddit.org
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        15 hours ago

        Before Trump, US institutions generally liked to at least keep up the pretense, which means that they often did have to make rules that aren’t as bullshit as they could have been. In south and middle american dictatorships, they don’t have to give a single flying fuck.

        • Viking_Hippie@lemmy.dbzer0.com
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          13 hours ago

          Before Trump, US institutions generally liked to at least keep up the pretense

          Accurate.

          which means that they often did have to make rules that aren’t as bullshit as they could have been

          Yes, but that doesn’t mean that they weren’t STILL 80-95% bullshit by volume.

          In south and middle american dictatorships, they don’t have to give a single flying fuck.

          And they also don’t have anywhere near the pressure from the most powerful corporations in the world.

          Or elections designed to be unduly influenced by the highly organized and systemic corruption of corporations and their lobbies rather than the comparatively haphazard organization of less official corruption.

          That makes a much bigger difference than the inherent motivation and fear of public resistance of the leaders themselves.

          • rumschlumpel@feddit.org
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            13 hours ago

            And they also don’t have anywhere near the pressure from the most powerful corporations in the world.

            Or elections designed to be unduly influenced by the highly organized and systemic corruption of corporations and their lobbies rather than the comparatively haphazard organization of less official corruption.

            In the case of banana republics, corruption for specific corporations is literally their reason for existence.

            • Viking_Hippie@lemmy.dbzer0.com
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              13 hours ago

              Yes, but that’s just one corporation.

              Being created by United Fruit (now Chiquita) doesn’t entail anywhere near the corporate pressure on all regulations as being the home country of robber baron capitalism.