I agree with the authors that the main problem with capitalism is its lack of an ideological basis, and really its denial of any process by which ideology could be implemented. That is, the basic tenet of the free market concept is that enforced regulation limits profitability and growth, and that the markets themselves will correct any mistakes by rising to meet demand. This has proven already not to be the case for certain unprofitable ventures, such as public transit, which is nearly always operated at a loss. The fact that you can take a bus to work is a testament to the fact that capitalism does not answer everything. Even worse, though, are the instances where capitalism provides an incomplete answer. The issue of health care is very important in this country and around the world; under the capitalist and globalist economy, many people are unable to afford the...
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