…for a while. And now the system is eating itself, and creating wildly unsustainable and unstable conditions that simply cannot continue indefinitely. This is amoral (or, many would argue, immoral), unbounded capitalism, and that flavor of capitalism is caustic.
Look at Scandinavian countries, and other social democracies. They still use capitalism, but they also don’t let it run rampant. There’s a sustainable and positive middle path that involves capitalism. We’re just not taking that path in the US, for various reasons.
…for a while. And now the system is eating itself, and creating wildly unsustainable and unstable conditions that simply cannot continue indefinitely. This is amoral (or, many would argue, immoral), unbounded capitalism, and that flavor of capitalism is caustic.
Look at Scandinavian countries, and other social democracies. They still use capitalism, but they also don’t let it run rampant. There’s a sustainable and positive middle path that involves capitalism. We’re just not taking that path in the US, for various reasons.
And getting there means having the political power to implement it. Which we haven’t had since the New Deal era.