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Liberalism for All — Liberalism and Social Justice

Hayek Program Podcast

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Is Capitalism a Source of Arbitrary Inequality?

There are tendencies within capitalism that have pushed towards greater inequality, but they aren't inherent to capitalism. There's good reason to believe why capitalism can still be a levelling in its over-all approach - even if there is like tiny elite at the top that likes to keep power indefinitely y. And if the framework is set correctly, broadly beneficial results for everyone, including those who happen to end up on top e.

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