NYU Stern Business School Professor Scott Galloway shares his take on the public condemnation towards the healthcare industry after a suspect shot and killed UnitedHealth’s CEO Brian Thompson. He points out there is no sympathy for Thompson’s family. He says we do not have a democracy. We have a capital-ocracy where money is the driving force. There is no concern for the 90% of the country.
Capitalism is an economic system where private individuals and organizations own and control the means of production, and prices and distribution of goods are determined by market forces.
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