23 Things They Don't Tell You About Capitalism
Thing 1 There is no such thing as a free market Thing 2 Companies should not be run in the interest 6park.comof their owners 6park.comThing 3 Most people in rich countries are paid more 6park.comthan they should be 6park.comThing 4 The washing machine has changed the world 6park.commore than the internet has 6park.comThing 5 Assume the worst about people and you get 6park.comthe worst 6park.comThing 6 Greater macroeconomic stability has no 6park.commade the world economy more stable. 6park.comThing 7 Free-market policies rarely make poor 6park.comcountries rich 6park.comThing 8 Capital has a nationality 6park.comThing 9 We do not live in a post-industrial age 6park.comThing 10 The US does not have the highest living 6park.comstandard in the world 6park.comThing 11 Africa is not destined for underdevelopment 6park.comThing 12 Governments can pick winners 6park.comThing 13 Making rich people richer doesn’t make the 6park.comrest of us richer 6park.comThing 14 US managers are over-priced 6park.comThing 15 People in poor countries are more 6park.comentrepreneurial than people in rich countries 6park.comThing 16 We are not smart enough to leave things to 6park.comthe market 6park.comThing 17 More education in itself is not going to 6park.commake a country richer 6park.comThing 18 What is good for General Motors is notnecessarily good for the United States 6park.comThing 19 Despite the fall of communism, we are still 6park.comliving in planned economies 6park.comThing 20 Equality of opportunity may not be fair 6park.comThing 21 Big government makes people more open 6park.comto change 6park.comThing 22 Financial markets need to become less, not 6park.commore, efficient 6park.comThing 23 Good economic policy does not require 6park.comgood economists
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