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It's a problem with capitalism insofar as under capitalism, the most successful companies will directly influence their government to protect their existing bus
by jkoudys 12y ago
It's a problem with capitalism insofar as under capitalism, the most successful companies will directly influence their government to protect their existing business model. You had a prime opportunity to rethink the entire auto-market, yet the US government instead gave massive bailouts to your big-3 auto makers, and your streets continue to be full of single-passenger Ford F-150s. In spite of massive regulatory resistance, companies like Uber, or Tesla (which yes, get some environmental tax credits, but it's a drop in the ocean compared to being considered "too big to fail") have still managed to grow.
It's not that there aren't jobs that need to be done. Instead, your laws and economy are structured to give an advantage to those who used to offer jobs that are no longer valuable.