Christopher (Donut)

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Capitalist economy is a system of private ownership, of ownership of a certain type vested in private individuals, of private enterprise. The capitalist state is therefore, and necessarily, a limited state. The traditional and necessary capitalist role of government is, as everyone knows, now being quickly abandoned in all nations, has been altogether abandoned in at least one (Russia), and close to abandoned in several others. Government is moving always more widely into the economy. No matter who runs the government or for what, every new incursion of government into the economy means that ...more
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The Managerial Revolution: What is Happening in the World
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