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" Between the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies.

Businesses were, so the story goes, seen as anti-social agents whose profit-seeking needed to be restrained for other, supposedly loftier, goals, such as justice, social harmony, protection of the weak and even national glory. "

Ha-Joon Chang , 23 Things They Don't Tell You about Capitalism


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Ha-Joon Chang quote : Between the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies.<br /><br />Businesses were, so the story goes, seen as anti-social agents whose profit-seeking needed to be restrained for other, supposedly loftier, goals, such as justice, social harmony, protection of the weak and even national glory.