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- W2623916386 abstract "This final chapter begins with a discussion on how the different groups of world economies can improve and promote their competitiveness through the use of supply-side or capitalist economic policies. When economic knots can be untied, growth and progress can proceed to benefit all. The world economy still has to be led by the industrialized countries, as they serve as the world’s police to ensure peace, stability, and civilization. There is no perfection in an ideology, but effectiveness is the most important criterion in adopting an ideology. Despite all the pitfalls of capitalism, capitalism is still the “best among all evils,” because a mature capitalist economy will be supported by numerous civic and societal institutions that aid the survival of all individuals. Capitalism is the only ideology that itself can go through a process of rejuvenation and revitalization, and the system will run itself with maximum individual freedom, and minimum government interference." @default.
- W2623916386 created "2017-06-15" @default.
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- W2623916386 date "2017-01-01" @default.
- W2623916386 modified "2023-09-24" @default.
- W2623916386 title "How Capitalism Works" @default.
- W2623916386 doi "https://doi.org/10.1016/b978-0-12-804181-9.00020-3" @default.
- W2623916386 hasPublicationYear "2017" @default.
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