I'm all in favor of small-scale local capitalism, as it once existed (well, and it still does, but it's being chipped away at constantly by corporatism).

What we see now is a concentration of wealth in the hands of a very small and incredibly rich elite who move money around the world as they please. Multinationals. The corporatocracy has fairly much destroyed small scale capitalism and has destroyed democracy along with it as far as I can see.

They were saying on the TV yesterday that the average salaries of CEOs 25 years ago were about 20 to 30 times the salaries of ordinary workers. Now they are ranging from 200 to 300 times the salaries of ordinary workers!!!

That is what has happened under the Corporatocracy, and local people can't do anything about it, because they have no means of locally redressing the situation when dealing with multinationals who can just move their jobs to Asia or Mexico or wherever the labor is cheapest.

It isn't traditional capitalism anymore out there. It's serfdom, accomplished by corporate centralization of the means of production.