US income inequality continues to grow

[GMDino]

(07-24-2018, 07:50 PM)Belsnickel Wrote: This is where the real bastardization of capitalism has occurred. Once upon a time, corporations were concerned about all of their stakeholders. This meant the customers, employees, management, and any others that came in contact with the corporation. There was a shift that came where corporations became only focused on their stockholders. This is where the shift to "profit above all" came into play.

Capitalism itself isn't evil, either. People have corrupted it and caused the need for regulation. Capitalism, socialism, neither is a great solution. A mixed economy is always going to be best. Much like most things in life, black and white never provides a good answer. It's all about the grey.

I mean before regulations capitalism ran fine in the late 1800's and early 1900's.

Workers were well taken care of with pay and working conditions...right?