Capitalism is about making profit. That that is achieved many ways: Wages/benefits as well as cost of fiscal plant, materials and transportation.
I agree that corporate mischief was and is an ongoing challenge. However, I will also say that it is a far smaller problem today than it was 50 years ago and it tends to be self correcting. Consumers simply refuse to buy from companies that produce shoddy products and they go out of business. Detroit lost the bubble to Japan and other Asian car makers. They made junk with pride. Sadly American car maker’s inability to compete is being propped up by a Usurping gov’t in Washington that is hell bent on destroying the American economy.
In fact, gov’t policy is a far greater threat to this country and its citizens than private sector shenanigans. When gov’t screws up there is not one incentive to self correct. It simply keeps repeating what has already failed. The only thing important in Washington is the political elite’s personal power. This is fed by the amount of money they must spend to buy votes. It really is as simple as that.
It is time for a reset in Washington. By that I mean reacquaint ourselves with our magnificent Constitution, throw the ideologues out of office and elect people who will serve the people—not themselves.
Neither our Republican form of gov’t or our Constitution are ideologies. The are an economic and governing system, respectively. In other words they’re adaptive vehicles. Ideologues, on the other hand, believe their way is the only way. They must embrace totalitarianism as the means to force people to submit to their will—particularly when their ideological brand is not working or worse.