Yeah a few years ago, I would have believed you.
Rocky Williams
1

Your responses miss several key points.

Until 1980, middle class and working class wage growth correlated with economic progress. Since then, it’s not only stagnated, but regressed. At the same time, the millionaire class has seen their stockpiles grow astronomically larger.

Economic progress for a nation as a whole cannot occur in an unregulated market. The myth of the free market completely ignores the necessity of regulation and controls. This is why Wall Street and The City are preferred by “free market” traders over Shanghai and Shenzen, whose unregulated markets caused enough loss of paper value over the past couple years (over $3 trillion) to make every other debt and deficit crisis look petty and trivial. Regulations have provided cleaner air and water (except when some rich guy tells a town to stop running their operations efficiently and cheaply for.. what reason, exactly? Flint had clean Detroit water at a reasonable rate, and Snyder made them change over to the contaminated Flint River to save what?)

Capitalism, while it can be operated in a humanistic manner, rewards those who exploit, cheat, and manipulate and there’s little to no risk involved. Just look at T —, who ran casinos into the ground, who ripped off investors and students left and right, yet is lauded as a “success”. Look at Martin Shkreli, who ripped off investors, is attempting to squeeze chronically sick people for their last few bucks, and is publicly flaunting the proceeds of his misdeeds. (I’m one of many people who wants to liberate “Once Upon A Time In Shaolin” from that Bond villain’s lair.) Systemically, there is a flaw when actions that are allegedly undesirable are rewarded and the risks upon discovery are nonexistent.