A vote by reserves that threaten bubbly tell but in american capitalism if you give this much power to the private sector they have always prevented the government from having the power and the resources to do these kinds of things and they do that for a simple reason that they are afraid of the government as a competitor that the government will come in and do things and lead to massive people do say well if the government is what prevents us from having a virus well then lets give more resources to the government to do these things so the private sector unlocks the power of the government to compensate for the limits of the private sector and i know its easy to criticize the trumpet ministration for its response to that by denny and i think its easy to criticize any government for its response and it by that i personally have been very critical of the russian government because i think the restrictions have been very very high and they are rather than being laissez faire its been on
Really be calling for the end to capitalism rather than lets say redefining the notion of profit. Well you could be defined the notion of profit and you could have the government come in and the private sector say we make profit and you the government do important things like prepare for viruses that threaten bubbly tell but in american capitalism if you give this much power to the private sector they have always prevented the government from having the power and the resources to do these kinds of things and they do that for a simple reason that they are afraid of the government as a competitor that the government will come in and do things and lead to massive people do say well if the government is what prevents us from having a virus well then lets give more resources to the government to do these things so the private sector unlocks the power of the government to compensate for the limits of the private sector and i know its easy to criticize the trumpet ministration for its respons
Principle or rather what people do with their. Well i think its a little bit of both youre absolutely right capitalism comes in a variety of different understandings interpretations different concrete forms the american system is special in the way that it limits the government very extremely you only have a country like that is in britain and even britain doesnt do it as much as the United States so what we have here is a capitalism that is more or less a fair is more private spoke then anything else which is what the United States has tried to push around the world privatization privatization well now weve come full circle we see how private capitalism works and and im not alone in this it is a disaster the private capitalism does not prepare for the pandemic private capitalism is not able to contain the pandemic we are desperate as we compare ourselves to new zealand to vietnam to egypt and all these countries with this state is given an Important Role they were able to prepare and
American system is special in the way that it limits the government very extremely the only other country like that is the britain and even britain doesnt do it as much as the United States so what we have here is a capitalism that is more or less a fair is more private spoke then anything else which is what the United States has tried to push around the world privatization privatization well now weve come full circle we see how private capitalism works and and im not alone in this it is a disaster the private capitalism did not prepare for the pandemic private capitalism is not able to contain the pandemic we are desperate as we compare ourselves to new zealand to vietnam to egypt and all these countries with this state is given an Important Role they were able to prepare and contain in a way that american capitalism could not what sound would argue that its not the job of private capital in our private enterprises to prepare for the pandemic and that i mean goal is making profit i kn
Redefining the notion of profit. Well you could be defined the notion of profit and you could have the government come in and the private sector say we make profit and you the government do important things like prepare for viruses that threaten baba tell but in american capitalism if you give this much power to the private sector they have always prevented the government from having the power and the resources to do these kinds of things and they do that for a simple reason that they are afraid of the government as a competitor that the government will come in and do things and lead to massive people do say well if the government is what prevents us from having a virus well then lets give more resources to the government to do these things so the private sector unlocks the power of the government to compensate for the limits of the private sector and i know its easy to criticize the trumpet ministration for its response to that by danny and i think its easy to criticize any government