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To Save Capitalism, Make it Work for Average Folks

From the collection Secular Stagnation

David Smick, the founder and president of Johnson Smick International and editor of The International Economy about his new book, The Great Equalizer: How Main Street Capitalism Can Create an Economy for Everyone. Smick argues that distortions of capitalism have fed populist rebellion, and that reviving a capitalism that offers opportunity for average people to increase their earnings is an urgent priority if America’s political economy is to be stabilized.

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