For Capitalism to Work Government Must Umpire!

Capitalism 4.0 is really Adam Smith capitalism with government playing its role of umpire as envisioned by Adam Smith and Milton Friedman.

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‘People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public or in some contrivance to raise prices.’ (Adam Smith, The Wealth of Nations, 1776).


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