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Capitalism evolved from "free markets" to "monopoly control" at the end of the 19th century (wars of 1898). Basically, capitalist countries fought each other for access to RESOURCES in WW1 and again for MARKETS in WW2: ie; American Legion veterans cards referred to WW1 as the "Russian Intervention" until 1955. The loss of this (and later, China) huge markets and resources was a real blow to the "free marketers."

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Aurore Stanton

Lvl 13
3y ago

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