Regarding Andy Kessler’s “Quit Modifying Capitalism” (Inside View, Nov. 20): Sustainable, inclusive, socially responsible, conscious, state-managed and other hybrid breeds of capitalism elevate state central planners into roles that override and pervert economic relationships among investors, producers and consumers. The result is a neutered or otherwise impaired economic system. Unadulterated capitalism involves too much volatility and unequal outcomes to be a viable alternative in the 21st century, but the more adulteration...
Source: Wall Street Journal November 24, 2017 19:52 UTC