THE UNDYING NECESSITY OF MORAL COURAGE

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Joseph Schumpeter dished out heaps of astounding insights in his 1942 book “Capitalism, Socialism, and Democracy.” I keep going back to this treatise for guidance in our strange times, mainly to better understand the interaction of economics, politics, history, and culture. His outlook is probably best described as transideological; a partisan of capitalist systems, he was not optimistic ab...

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