Monday, May 18, 2009
Capitalism: It really is simple.
Our system, or more accurately our former system of economy worked very simply. Even the government had a roll to play, making sure that the snake oil people were selling actually had snake oil in it and that it provided the listed benefits and if you became so big that you impeded competition you weren't too big to be fail and would be broken up.
Now it is pretty much the opposite. Just a year ago the big worry was Big Biz owning government now it is Big Gov owning big biz. Ah the irony.