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On paper it's great. It makes some very optimistic appraisals of human nature which have turned out to be seldom--if ever--true.

The real problem is that at least here in the states we have corporations effectively buying politicians to undermine antitrust laws and subvert existing regulation. If it were otherwise, why would Monsanto want to simultaneously patent it's GMO corn and then not label it as a GMO when bringing it to market?

Imagine that for half the Fortune 500 companies and you see the problem. This isn't a problem with capitalism. It's a problem with our government not regulating ITSELF sufficiently, among other things.

Rich people are not, in and of themselves, a problem. They're an asset; usually they are rich for a reason, and communism seldom takes advantage of that. Bad tax code + rich people who own companies + Politicians running expensive campaigns = a very big problem, however, and it's not an easy one to fix.

You might want to track down Inequality for All on Netflix. I don't agree with everything Reich says (especially towards the last third) but he's got an articulate opinion. The best thing I can say about anyone is that they have an articulate opinion I disagree with,