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Capitalism Redefined as ‘Subjugate and Conquer’ on Showtime’s ‘Billions’

Posted on 17 May 2020

Fictional hedge fund manager Bobby “Axe” Axelrod delivered his own variation of Gordon Gekko’s famous “greed is good” monologue on this week’s Billions. In so doing, it revealed more than just Axe’s ruthlessness. It proved that his idea of what capitalism is, is not the same capitalist theory of economics supported by Adam Smith or Milton Friedman and lauded by conservatives and libertarians.