State ownership of industry is socialism. Richard Brand is every ounce a capitalist. He’s not out there converting his shares into employee shares, let alone into a public ownership. He’s practicing a different kind of capitalism than Enron or Walmart.
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Putting employees first is socialism. Putting owners first is capitalism.
State ownership of industry is socialism. Richard Brand is every ounce a capitalist. He’s not out there converting his shares into employee shares, let alone into a public ownership. He’s practicing a different kind of capitalism than Enron or Walmart.