Nope 100% correct. Pure capitalism is the most effective economic engine, also the meanest, harshest just plain crude & rude thing to the working stiff. It does not exist in the world today other than 3rd world countries.

Your view of corporations is one not from reading much but political BS. I will give you and example. I retired early from a corporation after 39 years ( was not management by the way but hourly ) that is busy shedding parts in the manufacturing section of it. Down sizing, nope ............. taxes. Congress passed a law that by going RIT they drop the tax rate from 38 to 18% but you have to only have a certain mix of holdings & manufacturing. Long & short is they shut down some, sold others, all to get to the point needed as they make more money off the base holdings at reduced taxes than by hiring people and making things. The decision was driven by Ins companies and investors dominated by working retirement accounts ( 401k and IRA's ) that were demanding a higher rate of return on investment. That we had a idiot CEO did not help, might I add as he took the golden para and we got the shaft. Bottom line is any business has but one purpose and that is to by providing goods and services to MAKE MONEY. Stock holders demand it and rightly so. My IRA took a bath in this mess we have now but not as much as some as I moved it to protected asset things but if you think for a minute I hold anything that does not perform very well you would be wrong.

Overseas movement by corporations has been driven by the fact that tax laws make it to their advantage to do so or force them to do so to compete in US markets. Add to it the fact that many manufacturing jobs are labor intensive and our society is a high tax high service one that means if you subscribe to the global economy bit or NAFTA then Houston we have a problem as the math does not work. Most economic policies are driven by internal politics, taxes, labor cost, international agreements, and little else. The massive loss of jobs in this recession is the worse self inflicted wound in 50 years in this country. It is costing us our middle class and many will get wealthier but many will get poorer as you do not compete with $1 overseas wages. So choose your poison as the economic policies that corporations base decisions on are created by the congress. Congress sets the playing field not the corporations they just play the game to make all the money they can. Don't like it? Change the rules!

By the way if your trying to impress anyone with your knowledge or intellect then your last post falls a bit short ........... about 8th grade economics.