2010/10/27

Capital Education

I learned today that I'm just wrong. I thought that our for profit system was once the pinnacle of capitalism. We're so far from it now.

For profit business manipulates the markets, the labor and the regulatory environment to squeeze out a profit. Granted they're hefty profits. But it doesn't seem that it matters if the product is a good one or that there is any kind of objective evaluation of worth.

Non-profits on the other hand can't set a price or gouge a competitor. You'd better have a good product, or at least a good concept, because if the market doesn't appreciate it you'll simply go under. That's real capitalism! Producing something new, better, or so far-and-away important that the market clambers for it.

This economy and its players are a mere shadow of our nations' intended present.

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