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by njonsson
5459 days ago
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Successful economic models cannot be divorced from the cultural context in which they arise. American-style Capitalism was born during the Protestant Reformation. This religious movement provided a theological basis for individual property rights and free enterprise, as well as the understanding that actors in such a system must be restrained by conscience and charity toward their fellows. We cannot expect to solve the problems of human nature via economics or public policy when the philosophical and religious landscape has shifted. |
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