Bingo.
All my life I was trained to like Capitalism. Hey, it’s the opposite of Communism, right? It’s what American is all about, right?
Turns out — not so much. Capitalism, rightly understood, only exists when Big Government colludes with Big Business. All the regulations, the tax policy, the tariffs, etc. are written by lobbyists to help Government get bigger and help business get bigger. The old “Military-Industrial Complex”? It’s not just “military”: it’s “government”. That joining of forces is what strangles the Middle Class.
With an actual Free Market, you have actual people running actual businesses. That’s where the Middle Class comes from.
I’ll support Free Markets any day of the week. But not Capitalism. I say that Capitalism and Socialism all inevitably end up as Fascism, which is what we have here in the USA.
I think you have your own definition of capitalism.
All you’re doing is accepting the author’s premise.
bump
Capitalism is a word invented by Marx, so it has always been a loaded term. Regardless, You should get the real definition of capitalism. capitalism IS free-markets. Whatever you are thinking of is not "capitalism."
You attach “ism” to anything and it turns evil.