Capitalism = greed?

Mazower’s fourth chapter in dark continent certainly brings up some very interesting points. Debatable and controversial points that’s for sure. Capitalism is definitely useful, as it helped many European countries rebuild their economy after World War 1. The mixture of government banks and private enterprise is very effective in achieving economic stimulus. Strategic government planned financing coupled with the ingenuity of private ownership is a recipe for success. But it would seem that capitalism is not all that perfect. In the global economy many countries were “more concerned with sheltering their own producers” (Mazower 110) than promoting fair trade. Self gain was the number one goal. This begs the question does capitalism and private ownership make us greedy? A contentious point without a doubt.

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