Another Proposal to "Save Capitalism From Itself"

Jeff Lynn, CEO of Seedrs Limited has an idea to "save capitalism from itself".

Jeff Lynn, chief executive officer and co-founder of Seedrs Limited is on a Crowdfunding Mission to Save Capitalism from Itself.

Lynn founded Seedrs, a crowdfunding online platform through which individual investors can buy shares in high-growth companies at an early stage.

Crowdfunding, where companies raise money directly from individual investors, usually online, rather than via institutions, has taken off. Most sites lend money, undercutting the banks and offering a better return on cash.

Save Capitalism From Itself

The notion that something needs to save capitalism from itself is as ludicrous as the Vietnam era need to "destroy a village to save it."

In a political debate ahead of the last US election, Hillary Clinton proved herself unworthy of office with the claim We have to 'save capitalism from itself'.

If someone cannot make certain investment opportunities because of rules and regulations, then the rules and regulations are what's in error, not capitalism.

Anyone who believes capitalism must be rescued from itself is a charlatan or a fool.

Mike "Mish" Shedlock

Comments (7)
No. 1-7
shamrock
shamrock

Sounds like what he really means is saving capitalism from the government.

SleemoG
SleemoG

Or a huckster

killben
killben

"Anyone who believes capitalism must be rescued from itself is a charlatan or a fool"... I will take the charlatan. Remember the sucker is going down... well it did not because of the central banksters and they are still at the wheel. Unless you can prise their grubby hands on interest rates and printing press, we will have charlatans saving capitalism from itself. This will likely happen only when people realize them for who they are and then put to good use the rope and lamp posts!

2ndGenRenewable
2ndGenRenewable

Capitalism, as an energy device, is needed to get the energy-audit right;

How much energy it takes to construct an energy-generating device to the total energy a civilisation will ever produce?

RonJ
RonJ

Capitalism doesn't need to be saved from itself. Capitalism needs to be saved from the oligarchs and the socialists who are out to destroy it. Cronyism is not capitalism.