Reply #17: We do have collective ownership of capital. [View All]

[girl gone mad]

We have what George Orwell described as "Oligarchical Collectivism".

Our oligarchs collectively control the national treasure, often enabled by the superior rights provided through the acts of incorporation (thus the term Corporate Communism).

The recent financial crisis gave ample evidence of this socio-economic paradigm. Jst look at who was bailed out and how they were bailed out. For instance, http://www.nytimes.com/2010/12/03/business/economy/03fed.html?_r=1&ref=business">this article from the New York Times gives direct insight into which elites were allowed access to emergency Fed loans.

As for communist tactics, the Wikileaks affair is just another example. See this thread: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9694888