3min chapter

Throughline cover image

Capitalism: What Is It?

Throughline

CHAPTER

The Savagery of American Capitalism

LZ Granderson: There's two ways to judge the normative worth of an economy. He says unbridled capitalism scores pretty badly because wealth is all concentrated at the top. LZ: The poor do much worse than they could be doing if there was a more equitable distribution of that income. "The corrosive level of anxiety" erodes democracy, he says.

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