Right I forgot our socialist overlords went back in time and stopped venture capitalism and now we live in a distopian paradise. /dismissive wanking motion/
I know you're a smart guy. Venture capitalism and capitalism are two different things, and you complain that "capitalism" doesn't lift all boats (it does, actually), when we aren't practicing capitalism. What we have more closely resembles Fascism. It sure isn't actual capitalism.
Right, okay. I was using these terms as they are commonly used, like what we call "communism" isn't actually communism. Whatever we like to call capitalism, the system that allows monopolistic corporations to spread like a disease and sterilize the potential for small business growth. That.
That? It's a product of the New Deal. See the Securities Act of 1933. In an actual capitalistic system, GM would have made cars that sold in the first place, or gone out of business. Just a good example of why we don't have capitalism. The USSR had money/currency, you know.