Dean Says Capitalism Is Failing

Howard Dean “delivered a stinging critique of modern day capitalism, warning that the economic system is ‘going to fail’ unless substantial efforts are made to regulate the financial industry and reduce income inequality,” the New York Observer reports.

Said Dean: “Actually, capitalism works pretty well–until it doesn’t. Capitalism in this country is going to fail if there’s not a significant, substantial number of people who believe that capitalism works for them and people are beginning to doubt around the world and in this country whether capitalism works for them.”