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What is happy capitalism?

Updated: 10/24/2022
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12y ago

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The term "Happy Capitalism" was coined by Professor Arindam Chaudhuri; it means capitalism that espouses "Survival of the weakest" than one that espouses "Survival of the fittest". In other words, capitalism should focus on ensuring that the most disadvantaged sections of the society are provided the maximum resources to ensure that the inequalities that exist within the society are immediately reduced.

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