Reports of the death of capitalism may have been greatly exaggerated following the panic and crisis of 2008 and the government’s assumption of a bigger role in the economy. Now I’m not so sure.
It’s one thing when the government takes an ownership stake in a company, as it did with the banks. Then it has the authority, even a duty to taxpayers, to be involved in determining how much the company pays out in the form of dividends to shareholders and how generously it compensates its executives.
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