Isn’t this literally what both of us have been saying this whole time?It’s how any capitalism with this much government interference would work.Bad people should go to prison. That solves it. But the government lets them get away with it. So again, the government distorts the market in a different way. They’re telling the bad people go ahead and be bad as long as you have enough money. This isn’t capitalism’s fault anymore than anything else the government distorts about it is.I addressed your point.
That is how our "Capitalism" works.
No, what we practice is not capitalism. It's something else.
Jesus, Paulie...you're trying to have an intelligent conversation about Economics with someone who doesn't have the faintest idea about economic theory or systems! He's bought into the whole "evil rich people" narrative that people like Elizabeth Warren are pushing trying to get naïve waifs like him to vote for her! People like PKnopp think that Capitalism is a failed system because he doesn't have a clue what Capitalism is! He's one of those people that thinks the answer is more government control to keep the evil rich people in check! What he can't seem to grasp is that the government he thinks is going to protect him was bought off by those evil rich people LONG AGO!