Pleeease...this guy is just another one of those "leave the markets alone and everything would have been alright" kind of rich businessmen. Jon needed to remind this guy that the free market failed us big time, because of lack of regulation and proper management by the government.
I hate to tell you all this, but if left to its own devices, a capitalism concentrates capital (and the wealth that comes from it) in the hands of a very small number of super-rich people. It's the role of the government to mitigate that tendency, and, more importantly, redistribute that wealth through progressive taxation and (yes) government spending.
The free market isn't going to build me new roads, or sewers, or pay for our schools, or keep our bridges from collapsing. Everybody acts like taxes are evil and government spending benefits no one, when it actually benefits the poor and middle class more than anyone. Progressive taxation and government spending created the middle class--haven't you ever wondered why so many capitalist countries have very small numbers of rich and middle class, but a huge percentage of the population lives in poverty? It's because they don't re-distribute wealth.
So get over it. Capitalisms screw the poor and middle class, unless government regulates markets, taxes progressively, and spends on services and infrastructure. We did precisely that for most of the 20th Century---and it was the greatest economic century experienced by any country in the history of mankind.
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