In his article, Its not about socialism, it about rescuing Capitalism, Harold Meyerson is calling for a more regulated form of capitalism. He is not calling President Obama a socialists but does compare him to Teddy Roosevelt. Mr. Meyerson does refer to our health-care policy and points out that there are 50 million Americans without health-care coverage and we have the highest infant mortality rate than 41 other countries. This is inconceivable to me- such a high mortality rate in such a technologically advanced country as ours.
Mr. Meyerson says the blame for our economic collapse doesn't belong to one person. The collapse he says is due to a flawed system. A system in need of restructuring if it is to work again.
