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Sure, but that's like blaming "humanity" for all the woes of the health care system. It's humans who produced the health care system in the US after all. You h
by LewisVerstappen 4y ago
Sure, but that's like blaming "humanity" for all the woes of the health care system. It's humans who produced the health care system in the US after all.
You have to be more precise as there are clearly aspects of capitalism that have resulted in tremendous improvements in quality of life (look at North Korea vs. South Korea).
Regulatory capture is one of the issues & revolving door politics. Especially a big problem in the healthcare & finance industries (the current head of the SEC spent his career at Goldman Sachs for ex.)