It was always gone wrong. As the very structure of the economy lacks requisite variety and there really is no legislative power that can match force with the private wealth groups that stand behind the political institution.
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"there really is no legislative power that can match force with the private wealth groups that stand behind the political institution." hashtag Wealth Confiscation hashtag Wealth Cap
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Capitalism rewards those who add value to the market and DOESN’T those who dont. Part of what it makes it a beautiful economic model.. it plays favorites with nobody.
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True...but some values such as taking care of children aren't measured by market values
@AndrewYang talked about it too - 1 more reply
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It IS interesting. Sounds like we should think about our 1930's thinking. "By no means has the United States achieved equality of opportunity for all segments of our population. It took years of change in societal thinking and legislation to start to level the playing field."
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"democratic capitalism" is a contradiction in terms ma'am
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We have slipped away from our commitment to one set of rules and it is undermining our economy and our country. We now have separate rules for corporate CEOs, hedge funds and even how the wealthy are treated by the IRS. We need to get back to one set of rules for everyone.
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Capitalism doesn’t care about racism , climate change, discrimination, sexism etc.
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A thorough history of capitalism, which since industrialization has only amplified the innate societal and environmental harms of capitalism: https://ishinobu.com/6s14/
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