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| Plenty of people would argue we're pretty much post Capitalist at this point. Scott Bessent made billions of dollars? Doing what?
For too many the idea of "capitalism" isn't providing a fair produce or service for a fair price, it's extracting as much from the system as you can, any way you can. These equity firms buying medical practices. Do they want to provide patient services, or do they think they can extract tons of money and value from them? Did the companies that bought toys r us or red lobster want to turn them around, or did they want to extract as much as they could before they inevitably closed them anyway? Honestly, I think countries like Denmark provide a lots better picture with over 95% of businesses owned by small owners or firms. | |
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And another thing.. Trumps tax cuts 49% benefit the top 5% of earners
