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Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force.
Original article: What “Capitalism” Really Means
By Mises Institute4.7
9393 ratings
Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force.
Original article: What “Capitalism” Really Means

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