The country stopped producing at competitive prices enough goods - TopicsExpress

The country stopped producing at competitive prices enough goods and services that the rest of the world wants. It then tried to escape the consequences of this failure by living as if the failure had not occurred. It put a fake credit democracy in place of the property owning democracy that it turned into an ever more distant ideal. The government bribed, placated, and finally abandoned the people, instead of equipping them. Roberto UNger

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