So, we don’t actually have “capitalism” now, except where we decide to let it run rampant.
This particular example is a protected monopoly. When you let a protected monopoly loose combined with greedy actors, this is what happens. Doesn’t matter what umbrella you put over it, the fact is: they’ve got what other people need and there’s no competitor out there who isn’t colluding to keep the prices sky high.
So, we don’t actually have “capitalism” now, except where we decide to let it run rampant.
This particular example is a protected monopoly. When you let a protected monopoly loose combined with greedy actors, this is what happens. Doesn’t matter what umbrella you put over it, the fact is: they’ve got what other people need and there’s no competitor out there who isn’t colluding to keep the prices sky high.