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13min chapter
The Nature of Capital and Capitalism | Bitcoin is Venice Series | Episode 1 (WiM381)
The "What is Money?" Show
Defining Capitalism and Debunking Misconceptions
The speakers discuss their definition of capitalism as an institutionalized policy of respect for private property and consensual transfers of ownership. They debunk common misconceptions about capitalism in their book and emphasize the importance of private property rights. They also touch on the mindset needed in a capitalist system and the role of capital accumulation.
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