MSW v. Sirico: Part II | National Catholic Reporter

MSW v. Sirico: Part II | National Catholic Reporter by MSW.  MGB: Capitalism is not a free market entity.  It is the perversion of free markets, where those with the advantage of property ownership or expertise exploit workers for a profit.  A truly free market for wages would have everyone paid the same because the structures of the market would account for education (and who pays for it) and would resemble a product market, with each worker - especially in management - having to bid against all other qualified workers for the open position.  This would denude management of its control and usher in what could be called either democratic capitalism or more accurately democratic socialism.  It need not be governmentally managed, however there should be a governmental tax structure which provides for health care and a family wage for all workers -although firms could certainly provide these services as an offset to their tax bill.