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23 September, 21:50

According to Carnegie, what are the benefits of competitive capitalism?

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  1. 23 September, 22:12
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    According to Carnegie, capitalism was beneficial over socialism as competition and the struggle to achieve would, generation after generation, bring the best and the brightest to the top. According to him, in a capitalist society the people have the capacity and ambition to naturally prosper while others lag.
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