Why Capitalism is Just Shitbag Science
Holly Wood, PhD 🌹

You seem angry — I get it, but it doesn’t have to be that way. In economics, few people talk about “pure capitalism” anymore. Instead, they focus on “market failure”; situations where the market struggle, such as education, pollution, healthcare and financial fraud (all of which you mentioned). There’s no doubt that capitalism creates wealth, but it also increases inequality. The only solution is to understand where capitalism fails and create appropriate policies for inclusive growth and social security. Denmark is a good example. In capitalism it is hard to get rich, but easy to remain so. It is our job to make opportunity accessible to all and carefully regulate the free markets to unleash their full potential.

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