Was the market economy inevitable? - a podcast by ABC Radio

from 2021-08-15T17:30

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Today, market capitalism is so deeply woven into the fabric of everyday existence that it seems as natural and inevitable as the movement of the planets. But in fact, there was a moment in the early 20th century when an alternative economic philosophy – one of planned economies oriented toward community wellbeing – gave the free market model a run for its money. What happened, and how might things have been different?

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