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Why do poor nations continue to be enthralled with capitalism?

Posted in Main Blog (All Posts) on April 30th, 2009 4:34 am by HL

Why do poor nations continue to be enthralled with capitalism?
Arvind Subramanian is onto something: he asks why the crisis has spawned a debate on capitalism in the advanced countries, but not in the developing nations. As he notes, there is very little clamor for rolling back markets once one…





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