The Truth about American Capitalism: How the System Fails the People in Supply and Demand Crises
Capitalism, done the American way, has a way of messing up with people when it comes to serious supply and demand situations. We have seen this unfold during the early days of the pandemic, when the government tried to structure its messaging in such a way that people wouldn’t panic-buy masks and short the supply, which was very much needed by health workers. We have seen it again more recently when Texas stores literally had their shelves emptied by weather-panicked citizens. These situations often put to question the American public’s conception of the relationship between capitalism and government regulation – a discussion that often devolves into a fruitless tug-of-war in the capitalist-socialist dichotomy. How will this dynamic play out during the current efforts at vaccine distribution? Bill Stierle and Tom see some parallels that are quite interesting to explore. Join them as they share their thoughts.
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