Paul Johannesson

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to first-comers in the feverish westwards push that came after the Civil War. Had America instead chosen to auction the undivided land to the highest bidders, the US would now have a Latin American-style hacienda economy. The railroad barons would have gobbled up most of the land and converted it into vast estates.28 America also made public land grants to set up new universities across its rapidly opening landscape. Each of the big Western countries consciously opted to spread skills and assets to its poor.
The Retreat of Western Liberalism
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