Comments by "DXR" (@MrDXRamirez) on "CRITICAL Free Speech Case Unfolding In N. Dakota! w/ Steven Donziger" video.

  1. The remedies they come up with are not remedies at all...corporate interests perpetuate corporate relations in their field and nations in their market. They are competitors. More than one corporation form a social class of billionaires. The race among them is who can lower the cost of production of whatever the product or service they make wins the position as seller in the market. Amazon, Apple, Exxon, Haliburton etc., lead the pack of sellers in their field. The historical approach tells us the Why and How they became monopolies and legal and institutional studies come short of the inevitable decline of monopoly capitalism. Business cycles are a necessary evil of capitalist life, because, 1., depression are due to “adventitious circumstances”, and 2., monopolies figured out they can use government for a program of policy for a free market and individual liberty of each monopoly company and prevent depression from restarting the exchange process. The Great Depression by this theory had to happen. A banking epidemic of small and inefficient banks and mismanagement in the larger banks, rampant speculation, mortgage foreclosures and bankruptcies, living on credit, underlie the process of monopoly formations in the market, were the causes in 1929. We never had experience with a market dominated by monopolies in nearly every economic sector. This is new terrain for the historical approach. The financial process of 1929 is not much different than the financial process of 2025, the mortgage crisis then and now are the same but larger in effect making more people homeless in 2017. Farm debt was huge and maniacal speculation in urban real estate, all reasons business fluctuations required more government controls and regulations coming out of 1929. Rebound never came despite the remedies until war. Capitalism would not make it out on its own without war and without the USSR. America owed its life to the Russians in 1929 and to the Nazis fo restarting the business cycle.
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