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Robert Heilbroner's Twenty-First Century Capitalism In 1992

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Robert Heilbroner, a prominent economics historian, wrote Twenty-First Century Capitalism in 1992. The book illustrates and expounds different ideas from several economists in the history of economic evolution and the future of capitalism. He introduces the idea of capitalism in the book as both the economic system and the political order. He describes the expectation of capitalism for the future and also pointed out its limitations and advantages in the history of capitalism. Those diverse economic problems stemmed from the differences in cultures and ideologies. As of the political order, capitalism has two realms, public and private. Public realm focuses on the government or the state that set up rules and regulations to impose and therefore

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