[Dragaera] Not tried capitalism

[Howard Brazee]

On Jun 2, 2013, at 8:58 AM, Konrad Gaertner <kgaertner at tx.rr.com> wrote:

>> Croneyism is not capitalism.    The U.S. medical establishment is
>> nowhere near capitalism, when the consumer doesn't know the prices
>> up front, and his insurance company argues prices down much lower
>> than he could.    Stockholders have virtually no say.
> 
> Are informed consumers actually a part of capitalism?  I know 
> capitalists claim so, but at the same time they're doing everythig 
> they can to manipulate and mislead us.  But I'm happy to be called a 
> socialist.


Somewhat.    That's how the invisible hand works.   And certainly owners being in charge is part of capitalism, and CEOs who do well get rewarded and CEOs that do poorly don't.

I'm watching this now:

http://www.salon.com/2013/06/02/top_5_investigative_videos_of_the_week_poverty_is_what_makes_the_rich_rich_partner/