"One of the main reasons people conclude capitalism has failed is that they judge capitalism by what governments and societies call it rather than by what it actually is. That becomes obvious when they describe the supposed failures of capitalism and proceed to list subsidies, bailouts, regulatory barriers, political favoritism, protectionism, and government-created privileges which are features that involve political intervention in markets rather than laissez-faire capitalism."~ Rock ChartrandAlso:
Monday, 5 October 2026
"One of the main reasons people conclude capitalism has failed..."
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I don't think the main reason is that they misunderstand what capitalism is. I'd contend that most anti-capitalists understand it well enough - and they don't like it. They don't like the unequal rewards for unequal work or talent. They want something for nothing. They're envious of someone having more than them, or want the benefits of capitalism without the unequal distribution.
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