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On Capitalism and Inequality

Progress and Poverty Revisited

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The book critically examines the current state of capitalism, highlighting the tension between its defenders and skeptics. It explores how Wall Street practices, characterized by speculation and privatized profits, have contributed to extreme wealth disparity and environmental degradation. The author presents a detailed analysis of the evidence surrounding wealth distribution, equal opportunity, and declining social mobility, questioning the effectiveness of capitalism in benefiting the broader population.

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On Capitalism and Inequality, Robert Ayres

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2021
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