The Capitalist Manifesto: Greed Is Good

I'll repeat what I said there:

There's a big problem here. When people like this use the word "capitalism" to mean the massive, ultra-financialized, state corporatist economy we have today, they confuse many into thinking this has something to do with free markets based on voluntary exchange.

So people who are understandably annoyed that Wall Streeters make millions without contributing very much, if anything, are unnecessarily encouraged to support state socialist policies. In reality, it is the lack of free markets which caused such problems in the first place.