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Wow, Bloomberg TV - Ron Paul Vs. Paul Krugman - Ron Vs. Ron WOW

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posted on May, 1 2012 @ 10:24 AM
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reply to post by DaTroof
 




Krugman DESTROYED Ron Paul.

If you're living in wonder land and wearing beer goggles then I can see how one may interpret this debate in that way.




posted on May, 1 2012 @ 10:25 AM
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reply to post by mee30
 


No those institutions are all oligopolies. Regulated capitalism creates oligarchies, thus allowing corporations to keep each other in check. Every industry is controlled by a few giant corporations; no industry is controlled by one. For an industry to be monopolized, one company would have to dominate it and snuff competition through price manipulation and various other unethical methods.

In the same way, our government is broken up into 3 branches: the Judicial, Congress, and Executive. They are SUPPOSED to prevent one branch from having overbearing influence and power, but as of late they have all been bought by corporations. Still, however, our gov't is an oligarchy.



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