Comment by machiaweliczny

Or rather America is siphoning market by having monopoly. My father works in pharma factory and wages have not risen almost at all since 20 years ago when it was bought by americans (by bribe to gov). Some drugs got 10x more expensive while workers and patients got it worse. This was ultra scam but even after change of owners it’s basically the same.

Capitalism works only with competition. But competition is against capital owners short-term extractionism (or rather against ceos who feels need to justify their pay). IMO solution is to let workers vote on CEO pay changes and punish white collar crime better and many problems of capitalism might get solved.

EDIT: IMO it won’t work as long as globalization can be exploited to suppress working class and avoid regulation