Recognizing an existential crisis for his industry — with many other sectors of the economy sure to follow — Colicchio has turned his attention to defending independent restaurants and their 11 million employees around the country from total devastation. The provisions he fought for were passed by Congress earlier this week. If there’s any lesson to be learned from the crisis, he says, it’s that unchecked capitalism — from the obsession with quarterly earnings to the profits-at-any-cost mentality of our captains of industry — has failed us.
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