Capitalism on Sale?

Capitalism on Sale?

Key Quote

“The last several years have seen increasing disparity in the distribution of wealth among the population, the accumulation of crushing debt by many households (often from medical expenses), and a domestic labor force that has gotten the message that it is replaceable with overseas and undocumented workers. For many Americans, faith in the “invisible hand” of Adam Smith has not been rewarded. They are willing to try something else. They want to see the economic gains from a growing economy shared in a more equitable fashion, they want the cost of their health care to stop eating an ever growing proportion of their income, and they want a measure of job security.”

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Posted on

November 1, 2019