Dick Dowdell
Dec 12, 2024

--

Adam Smith said of regulation: "If you don't regulate banks, they will steal." I would say that it applies to Wall Street, corporations, and campaign finance as well.

A democracy cannot afford billionaires. Their wealth gives them too much unelected raw power.

The income inequality created by our poorly regulated capitalism is a repeat of the Gilded Age and we have no Teddy Roosevelt to control the oligarchs.

--

--

Dick Dowdell
Dick Dowdell

Written by Dick Dowdell

A former US Army officer with a wonderful wife and family, I’m a software architect and engineer who has been building software systems for 50 years.

No responses yet