They denounce fundamentalist bogeymen and a heartless capitalist class whom supposedly exploits everyone but the very top.

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If large portions of the middle class begin to feel alienated from the capitalist class, I predict bad things will happen.

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All of this takes place in the context of anti-capitalist class warfare, in which "enemies of the people" are labeled by the government-controlled media to provide both justification and an outlet for bitter frustration and anger.

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During that time, a member of the capitalist class, Andrew Carnegie, argued the opposite: that, in fact, a sound currency was the friend of the common man, while a floating currency often gave speculators and financial sophisticates an unfair advantage.

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They often assert that trading with authoritarian regimes that are either our enemies today or that might become foes in the future can be safely undertaken since commerce will inexorably transform them by creating a middle class imbued with capitalist impulses and, in due course, with irresistible democratic aspirations.

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Japan is, moreover, a recognisably capitalist country with a wealth of world-class companies.

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On the final day of class Kaval pitched his plan to visiting venture capitalist Terry J.

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Recently another class has started to emerge, in which the state plays the role of a venture capitalist: local governments invest in or create funds that back companies that they hope will bring both jobs and financial returns.

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