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Sabine is Wrong Again: Capitalism Would've Killed Penicillin

🕑 Added 2023-09-21 14:30:34 +0000 UTC
Sabine is Wrong Again: Capitalism Would've Killed Penicillin

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I found yet another critique of this video: https://www.youtube.com/watch?v=OkVk8GEr6qs

Nigel Cammann

Not only is "Unfettered Capitalism" inherently selfish, no country even has basic capitalism anymore. All Western Countries are now part of "Asset Management/Shareholder Capitalism." Many companies that should be competitors are owned by the same shareholder: BlackRock, StateStreet, Vanguard, Saudi-Royal-Family and other hugely wealthy Non-Productive companies. These shareholders pretty much force the competitors into the same market and position, so that the competitive element disappears. All that matters is Shareholder Value. The customer, and even governments, have little power left.


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