Wealth: redistribution and interest rates
<i>Let’s actually name the thing: we’re talking about capitalism. The genius of capitalism is precisely its multiplicative nature.</i><p>This is an interesting article but something in particular struck me. Why does almost every public mention of Capitalism in the USA accompanied by some paean to it?<p>It sounds like A veneration that follows any mention of Mohammad among devout Muslims.<p>Why does everyone feel they need to give their bona fides? I feel that there are several senses in which it is the official state religion.