CHAPTER 3

Capitalism 2.0: A More Sustainable System

Overview

Capitalism has great strengths and is fundamentally superior to any other system for organizing economic activity. It is more efficient allocating resources and in matching supply and demand. It is demonstrably effective in wealth creation. It is more congruent with higher levels of freedom and self-governance than any other system. It unlocks a higher fraction of the human potential with ubiquitous, organic incentives that reward demanding work, ingenuity, and innovation. These strengths are why it is at the foundation of every thriving economy.

Capitalism has also proven itself to be adaptable and flexible enough to fit the specific needs of particular countries. Capitalism comes ...

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