The Purpose of Capitalism

Economist Paul Collier explains what’s wrong with capitalism, and how to make it right

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Photo by Joao Noguiera

By R. Teresa O’Connell

On November 9, 1989, the Berlin Wall came down. Along with the reunification of a long-divided city, the event marked the symbolic victory of an entire economic and political system: communism was perceived as the last thing…

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