I'm buying this book, but I think the title will doom it a small niche. Obviously the culprit isn't Capitalism, but the cheaters, the manipulators, the "anti-capitalists" who hide behind claims of "free-market" support. Wouldn't it serve the average person better to show how irresponsible corporations hurt free markets? Why spin this from the left? Isn't Clinton as guilty as Reagan (if not more) for not addressing these problems?
Well, whether it is Capitalism or (e.g.Chinese) Communism does not matter, we are ripped off by lack of federal quality control and our own complacency. It amounts to a lot overall in money, health, freedom etc. So some confrontation would be desirable.
I think the title is very appropriate. Many major corporations are engaging in these deceitful and underhanded practices. They are badly regulated entities that are capitalist enterprises. Consumers have to be extremely vigilant these days and read the fine print very carefully. The government agencies that are supposed to be looking out for our interests have fallen into a do-nothing mode. This situation must be addressed.
"Federal Quality Control" is rarely an answer to something like this. If the Federal Government were to set forth restrictions, then new "Federal Law Compliance" fees would run rampant. Just look at the cell phone industry. Truly, the answer to these types of problems is an educated polity, not an ever expanding government.
I am also for education, Dallas, education for knowledge and wisdom. But collecting facts on companies, sorting out fact and fiction in deceptive ads - I am not sure that is education. That is mere self-defense. Maybe a martial art, to belong to the stronger team and not to end among the losers. But that is not a virtuous victory nor enlightenement, I fear. I personally do not find time nor resources to check on quality of food I buy, and gas, and health care quality and whether the cook in the restaurant washed his hands etc. So I like the idea that somebody does reasonable checking for me. And I would like someone to check on lead in toys and standards of air and border traffic and why not international laws... etc. not a police state (and intrusion on freedoms), just a rule of law. It would be nice if cheating would not pay. I think this is what this book is about. And also what Gwendolyn had in mind.
I tend to think the title is if anything understated. The Good Capitalists (and there are plenty) have been turning a blind eye far too long in allowing this excess to proceed unchallenged by Capitalism itself...
The only reason increasing government oversight and intrusion is necessary is that the Good Capitalists have so far refused to clean house and have taken a laissez faire attitude toward this essentially criminal mentality festering in its bosom... If Capitalists don't want the black eye *they* need to stand up and DO something in the boardrooms even before the floor of Congress needs to get into it.
It is not a pleasant reputation, but it is well enough earned