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Georg Wilhelm Friedrich Hegel (1770-1831) and Karl Marx (1818-1883) showed future generations the principles to understand industrialization as the birth of cultural and social phenomena connected to the division of labour. Furthermore, these authors combined contrasting elements such as...
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This IEA publication deals head-on with a number of widely quoted myths about the market economy. In the case of the philosophical myths, such as the idea that economists believe that everybody is greedy, the author, Christopher Snowdon, carefully and entertainingly unpicks the misguided ideas...
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Starting with Marx and Freud, scholars have attempted to identify the primary ethical challenge of capitalism. They … have named injustice, inequality, repression, exploitative empires, and capitalism psychic hold over all of us, among other … else. Nimi Wariboko instead argues that the core ethical problem of capitalism lies in the split nature of the modern …
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