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Capitalism has always been seen as an instrument for the rich to get richer. A new book turns this view upside down: Capitalism is instead a system that fundamentally benefits everyone, especially the have-nots. The paradox we are suggesting is that true capitalism is very much a threat for the rich. As a result, the rich are the greatest opponents of competition, which is a key part of the capitalist system."Zingales and Raghuram Rajan, both professors at the University of Chicago Graduate School of Business, address misconceptions about capitalism and the role of government in their new book, Saving Capitalism from the Capitalists (Crown Business, 2003).
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