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Add comment on:Book Review: "The Victory of Capital" by Ulrike Herrmann
A society can only provide for the future by investing today in the production of tomorrow... What may be sensible economically for a private household or individual business could be harmful for the national economy, particularly when the economy staggers...The public authority can act as an investor, create demand and thus stimulate the economy...With deregulation, investment banks became the most profitable business in the world... The rage that bank losses are borne by taxpayers at the end is understandable.
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