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Branko Milanovic on Capitalism, Alone

EconTalk

The Importance of Atomization in the Global Economy

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We have all become individuals, we have all become capitalist enterprises. And that actually, what I said is the ultimate triumph of capitalism. It's not only that it is geographically wider than ever in history. But there is no doubt that if you look at the household size in the US and also if you looks at actually changes across time in rich countries,. You have a decline in household size.

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