Aspiring for equality
So, was Karl Marx right? Is capitalism doomed to failure because of unsustainable, ingrained contradictions? Or did Marx misread the future? It’s a debate that has flickered back to life in thinking circles in the US and Europe. Two sparks have ignited it. One is a mushrooming of studies that show a rapid widening of economic inequality in major economies of the west and in emerging markets like India, Brazil and China. In Asia, 12 economies, which account for 80% of the population...
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