“We are not dealing with definitions but with contending historical hypotheses about the necessary institutional conditions and intellectual and ethical beliefs…
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Capitalism and Its Names - Econlib
Modern economic growth—the simultaneous doubling of income and population in fifty or seventy years—has been capitalism’s greatest triumph.1 —C. Nick Harley Nothing is more fashionable than to run capitalism down. Capitalism is said to be gravely unequal and to have been based on the exploit...
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