Can you have the wrong type of Capitalism? The ongoing - TopicsExpress

Can you have the wrong type of Capitalism? The ongoing Pfizer/AstraZeneca takeover saga suggests you can. Apparently, AstraZenecas directors could be in line for a £60 million share payout if they feel the price is high enough to recommend the takeover to shareholders - of which they represent a sizeable chunk. Isnt there a conflict of interest here? Isnt there a flaw in the Capitalist system where already-wealthy corporate plutocrats can cream off the wealth of a company - and never mind the workers (not to mention the collateral damage to the UK economy and science base)?

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