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The Death of Capitalism?
11/10/2008 by admin.
Americans nationalising banks and insurance companies, countries on the verge of bankruptcy , talk of Armageddon. And yet the only thing that can save capitalism is more capitalism but it must be a new kind of capitalism which, as Mr Brown says, in his Presbyterian way, will reward effort and penalise failure. Maybe a kind of ‘maximum bet’ system will also have to be part of the re-writing of the rule book. Capitalism can never be the same again.
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