Capitalism Has a Big Problem

Jon Mertz
Jon Mertz
May 21, 2019 · 4 min read

Editor’s note: This is the first of a five-part series examining the Capitalism Problem and what everyone needs to know about its shortcomings and opportunities.

Photo by Alex on Unsplash

Capitalism is a system that produces economic and moral value.

Conceptualized by Adam Smith, Milton Friedman narrowed the focus of capitalism to two principles: maximize shareholder value and limit government involvement.