The History of Capitalism (Part 1)

By Ray Pinard | January 14, 2013

This is part 1 of a 2 part article published by the Atlas Society

Atlas Summit 2012 — We hear all the time that “capitalism is the system that has shaped our world”. However, the fact that capitalism is a social system that has never existed in its full, perfect, and unregulated form is never mentioned. As Ayn Rand clearly stated, the only time in history in which we came close to a laissez-faire capitalist society was in the 19th century.

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