Do you have faith in capitalism?

hellojan
Sun, 12 Jul 2009 00:05:57 +0000

Being an American, I’ve never lived in a capitalist society. I am quite fond of the third way and don’t care for the pure model of capitalism. When thinking of it, I get an image of Chinese manufactures who knowingly put lead in dog food and suggest that if you don’t like it you can go buy somewhere else. Fake handbags on Canal Street are capitalism in action, so it heroin trafficking, price-gouging, exploitation, disposessed classes.

The free market externalizes all risk and privatizes reward, concentrating it with a tiny percentage of people. We like to pretend that we’ll be those people someday so we defend the system.