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milton friedman

Why Capitalism as we know it is unfit for the Future

Covid-19 Has Accelerated the Demise of Traditional Capitalism 2019 was a year of great prosperity and innovation, with stock markets booming, democracy thriving (well, maybe not quite in the US;), and unemployment at near record lows throughout much of the developed world. But then, Covid-19 struck and changed everything as half the world went into lock-down, economies and supply chains ground to a halt, unemployment skyrocketed, and the world suffered its greatest health/humanitarian crisis since World War II.

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