“Voters know at a gut level that our system of global capitalism is working mainly for the 1 %, not the 99 %. That’s a large part of why both Sanders and Trump have done well, because they tap into that truth, albeit in different ways. The Panama Papers illuminate a key aspect of why the system isn’t working–because globalization has allowed the capital and assets of the 1 % to travel freely, while those of the 99 % cannot.”
Rana Foroohar
What we have running the West today really isn’t Capitalism, it’s more of a financial fascism thing than a true capitalist one.
Capitalism refers to the private ownership of the means of production where the working class has to carry out its labor, what we have now and call “capitalism” seems to have become the financial system in partnership with the State owning and directing everything including the owners of the means of production as well as the workers.