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Extreme capitalism is a condition in which large companies and rich people raise too much money and leave too little for the rest of society. As a result, the public has not enough money to increase consumption. Demand is not increasing and the market is not growing. The further result is...
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How do national-level institutions relate to national comparative advantages? We seek to shed light on this question by exploring two different sets of hypotheses based on the Varieties of Capitalism and other branches of comparative capitalisms literature. Applying fuzzy-set qualitative...
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The empirical work in Thomas Piketty's Capital in the Twenty First Century is simply breathtaking, but his use of the terms capital and marketable wealth interchangeably leads us to consider the implications of distinguishing between them, and calls our attention to important issues that deserve...
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