American Capitalism in the 18^th Century was about the trade in slaves, tobacco and molasses, to foreshorten the actuality. We have progressed, but the feudal mentality of the 18^th Century entrepreneur remains a constant in the present age of the failure of Capital. Here is an instructive essay on the business practice of Mitt Romney, rather impressive, but not quite the portrait of the wise Captalist, who builds instead of tearing down. The facts are at odds with the public relations clap trap of this perennial candidate. Hardly a surprise, but the level of mendacity, the bad faith that Mr. Romney entertains is quite striking, even for a modern day Republican.Here is a quote from the great man himself:

“Sometimes the medicine is a little bitter,” he said, “but it is necessary to save the life of the patient.”

Publius