From Hell Survivor’s Reality Check:

“Collectivizing investments into Wall Street maximizes fees, involves vast geographical distances, minimizes transparency, operates in an asymmetric knowledge market that always favors the insiders, the sophisticated investors, and maximizes opportunities for corruption.

German emphasis on local and regional investments minimizes these negative elements. Re-injecting the money back into the economy aggravates the already intensely collectivized private sector of the U.S. economy in the form of chain fast food outlets, chain restaurants, chain hotels, chain stores in sharp contrast to the German economy which still maintains highly attractive family owned restaurants and family owned hotels. It is not surprising that Wal-Mart has become, in the last 20 years, the largest corporation. It tried to export its disease to Germany but was rebuffed.

It must be understood that in sharp contrast to popular myths, the private sector of the U.S. economy is, in fact, intensely collectivistic/socialistic. A parasitic cost shifting pulsates intensely throughout the U.S. economy far more than in Germany. It is exemplified in the broadcasting industry and even in free restrooms. Rush Limbaugh’s 50 million annual income causes the products of his corporate sponsors to rise and the cost to be passed on to those not in the market, those who receive no benefit, who had no choice and who have no transparency.”