Perhaps nothing is so vilified as “capitalism” in the modern world. According to a study by North Dakota State University, only a quarter of college students have a positive view of capitalism.

Since the response to Covid-19, the preeminent economic concern of the American public has been, simply put, price inflation. In an attempt to curry favor with the electorate, Vice President Kamala Harris recently declared support for price controls to combat high prices, which she attributes to supply chain issues and corporate greed.