History repeated? Combining the efficiency of markets with the values of community
Category: Business & Economics | NGOs & GovernmentPublished on Apr 06, 2009
My quote of the day comes straight out of a political science textbook, but it rings so true today: “The lesson that capitalist countries needed to combine the efficiency of markets with the broader values of community … did not come to them easily. It took the calamitous collapse of the Victorian era of globalization — into worldwide war, followed by extreme left wing revolution in Russia, extreme right wing revolution in Italy and Germany, [...]
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