Jacob Sullum on Obama's Anti-Capitalist Critique of Romney's Work at Bain

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President Obama accuses Mitt Romney of putting profits above people by striving to create wealth rather than jobs during his 15 years at Bain Capital. Senior Editor Jacob Sullum says this critique of Romney's work at the private equity firm, which Obama says will be central to his re-election campaign, betrays a fundamental misunderstanding of capitalism.