Long day care centres also provide educational programs. Some long day care centres use the word kindergarten or preschool in their names so sometimes it is confusing to identify what sort of service a centre is, particularly as long day care centres are a mix of not-for-profit and for profit operators.ong day care centres also provide educational programs. Some long day care centres use the word kindergarten or preschool in their names so sometimes it is confusing to identify what sort of service a centre is, particularly as long day care centres are a mix of not-for-profit and for profit operators.
Ha-Joon Chang Quote. âTo paraphrase Winston Churchill, capitalism is the worst economic system except for all the other forms.â. âHa-Joon Chang. Facebook.
Return to top. â Capitalism,â a term of disparagement coined by socialists in the mid-nineteenth century, is a misnomer for âeconomic individualism,â which Adam Smith earlier called âthe obvious and simple system of natural libertyâ (Wealth of Nations).ven nineteenth-century economistsâin England, America, and Western Europeâwho were supposedly capitalismâs defenders did not defend capitalism effectively because they did not understand it. They came to believe that the most defensible economic system was one of âperfectâ or âpureâ competition.