In New York City, Mayor Michael Bloomberg officially proclaimed today as “Social Capitalist Day” in honor of the 25 groundbreaking nonprofits gracing the January issue of Fast Company. The honorees of the Social Capitalist Awards are part of the greater trend of social entrepreneurship
This guy is stealing my terminology. While Socialism is defined as the government controlling the major centers of production I once defined Social Capitalism as the major centers of production within a country owning said country’s government. A la the United States. This is really a bad term for what I was trying to convey. What I should have dubbed it, and will continue to call it from here on, is Capital Socialism. Take a look at our current administration. They rode a record setting wave of cash from corporations and special interest groups. It is my assertion that we have reached a point in the United States in which our gorvernment is almost entirely in the control of powerful industry lobbyist groups and multi-national conglamerates. This isn’t some conspiracy theory. This is the reality of the dollar. So, Captial Socialsim is what we have achieved. The almighty corporation has more legal rights than I do and has less of a tax burden. At any rate, Social Entrepreneurism good, Capital Socialism bad, the former seems to be making progress, the latter seems to have fully taken root.
Aaron Fulkerson 