The Soviet Union had rich people running businesses. A lot of them managed to hang on to those government-sanctioned and controlled businesses after communism "fell." This was called "privatization" by people who couldn't see real free market principles through the Hubble telescope. That someone is able to accumulate money in a society does not automatically define it as capitalist. Saddam Hussein was rich. So is Kim Jong-Il.
Jim Taggart in "Atlas Shrugged" bragged to Dagny about how he was bringing more cash in through government fiat than she'd ever earned by private trade. As long as you think there's no difference between a thug accumulating wealth through the power of government guns and Bill Gates selling a product, you're never going to get it.
Flame » in reply to Re: Until August 1914
Re: Until August 1914
