By George Sibley
I got raked over the coals by a reader in last month’s Colorado Central (August 2011, p. 20), on my June column complaining about “private-sector capitalism.” It was a thoughtful enough critique to warrant some response this month. (Actually, my first thought was – great! It’s not a black hole; someone is actually reading and thinking about this stuff!)
I’ll start by saying that the main thing I wanted to convey in that column was my confusion and frustration about American economics – a confusion involving corporate cash, job creation, local business destruction, tax policy, tax evasion, investment return, retirement plans, and all the other tangled elements of what passes these days for an economy that we call “free market capitalism.” The reader’s basic challenge: if I don’t like “private-sector capitalism” as practiced by Amazon, the company I was ragging on – what do I suggest instead?