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Is the Western world history?

Sunday, December 18th, 2011

Dec 16, 2011
Recurring global economic crises are highlighting the inherent conflicts between the values of the market economy and those of democracy. We are failing to keep these largely contradictory influences in balance. The dictates of the marketplace are overshadowing the values inherent in our Western democracies… In a market economy the individual is often treated as a commodity, whose value depends on their unit cost, education, age, and even gender and race. But in a democratic society, the promotion of the individual is supposed to be paramount.

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