
The amassing of wealth, on the backs of working people (the producers of the wealth), by the investment class constitutes free market capitalism.
Wealth is taken from laborers, and doubly via profits on the other end of the equation--again via investment rather than productivity.
Capitalism thus represents a double tax on everyone who is productive.
Yet wealth has thus become so concentrated, in the U.S. at least, that the interests of wealth, via media, have been able to control the minds of a critical mass of voters through demonization of taxes, "big government," "socialism," and the advocacy of the very unregulated free market capitalism that has cost all working people more and more, the more it is implemented.
(I used the term "socialism" in quote marks because its detractors generally simply parrot rightwing radio rather than spend any moment investigating the concept in any literal sense.)
Unregulated capitalism's continual concentration of wealth is unsustainable however, as we witnessed 2000-2008. Its corruption needs to be propped up--as we saw towards the end of the Bush administration and by the Obama administration.
