6min chapter

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Inflation with Richard Wolff & Dean Baker

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CHAPTER

Capitalism Without the Government

The government in capitalist economy s has a very important role to play in the monetary system. If you look at the dollar bill in your wallet, it's got all over a federal reserve system. The notion that we could have a capitalism without the government is utopian pantasy. Never existed, doesn't exist now, and has a future only in the minds of libertarians who don't ask these questions.

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