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Corporations are properly associated with mercantilism, rather than capitalism. Mercantilism is a system under which government grants special status… - L. Neil Smith
" "Corporations are properly associated with mercantilism, rather than capitalism. Mercantilism is a system under which government grants special status to one or more company at the expense of its competitors. The British East India Company, for example, possessed an exclusive, royally-granted 'right' to conduct trade between India and China, on the one hand, and the British Empire for more than 250 years. Private capitalism, by contrast, is a system under which various enterprises compete in the marketplace by offering the highest quality goods and services they can, at the lowest possible prices. Progress occurs as individuals and companies strive to raise quality and lower prices.
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About L. Neil Smith
Lester Neil Smith III (12 May 1946 – 27 August 2021), also known by his nickname El Neil, was a libertarian science fiction author and political activist, whose works include the novels Pallas, The Forge of the Elders, and The Probablity Broach, each of which won the Libertarian Futurist Society's annual Prometheus Award for best libertarian novel.
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Lester Neil Smith III
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Lester Neil Smith
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Additional quotes by L. Neil Smith
As we all know, socialism failed. At the height of its popularity it caused widespread starvation and deprivation, wrecking whole economies wherever it was applied. It inspired childish, petulant dictators — ideologues who were eager to do anything except give up an idea that didn’t work — to put millions against the wall and send millions more to places like Siberia because the people couldn’t (the dictators said 'wouldn’t') gladly transmogrify themselves into New Collectivist Mankind, or whatever the slogan was at the time. In the end, it finally destroyed the most enormous empire history had ever known.
Worse than thieves, murderers, or cannibals, those who offer compromise slow you and sap your vitality while pretending to be your friends. They are not your friends. Compromisers are the enemies of all humanity, the enemies of life itself. Compromisers are the enemies of everything important, sacred, and true.
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Conservatives — Republicans — are socialists. True, they may desire to hold you down atop the stone altar and cut your still-beating heart out with an obsidian knife for a set of entirely different reasons — national security, Judaeo-Christian traditions, 'common' decency — than the liberals or 'progressives' or Democrats do, but to you, the important part is cutting your heart out with an obsidian knife, not whatever excuse they may offer for doing it. This is why, no matter which political party happens to be in power, ordinary people — whose thinking and hard work maintain this civilization each and every day — never seem to get an even break with regard to their individual liberty or holding onto the fruits of their labor. It's why the late philosopher Robert LeFevre referred to Democrats and Republicans as 'Socialist Party A' and 'Socialist Party B'.
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