Greenspan-Capitalism and the role of globalization

In a speech on 'Capitalism and the role of globalization' given on 11 December Alan Greenspan of the Federal Reserve said debates on the pros and cons of market capitalism have waged for generations. The collapse of the Soviet empire, and with it central planning, has left market capitalism as the principal, but not universally revered, model of economic organization.

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Remarks by Federal Reserve Chairman Alan

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