Capitalism's Fundamental Flaw

By Daniel Indiviglio

Growing up in pre-liberalization India, I embraced Ayn Rand as the one who best articulated a philosophy that rang true to my naturally entrepreneurial mind. Capitalism, meritocracy, individualism, self-correcting market economics, innovation, excellence, integrity, fairness, work-ethic, justice--many of the values that I worship are also those that Rand celebrates in her fiction through her unforgettable characters.

But as I have developed a deeper understanding of how capitalism works today, I am beginning to see flaws that are unlikely to correct themselves.

This article available online at:

http://www.theatlantic.com/business/archive/2009/11/capitalisms-fundamental-flaw/29786/