Vivec <[email protected]> wrote:
>
> Systemic flaws in Capitalism as it is practiced today, is why the world is
> trending toward this economic and social mess.
>

The problem is not Capitalism; it works just fine.  The problem is government.

You can see this by looking at successes in business government
partnerships: Swiss healthcare, FAA and airline travel etc.

When you examine these areas you see a few key things:

(1.) The government provides the guardrails via a single regulation
agency attached to an oversight committee and then allows the market -
Capitalism - work its magic within those rails.  Airline travel is the
best example: it's 5x safer, 10x cheaper, and 4x more available than
it was in 1980.

(2.) Solid anti-trust regulation that's aligned around consumers and
not corrupted by lobbyist input.  Think tech industry.

(3.) Core financing via a well regulated industry / government.  Think
Japan, Korea, Germany in the 1950s - today.

The core problem these days is that bad government is corrupting
well-regulated markets and the result is systemic market failure.

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