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Schumpeter warned that socialism might ultimately prevail over capitalism, for four reasons. Creative disruption is rarely popular. Capitalism itself tends towards oligopoly. Intellectuals are susceptible to socialism. So are many bureaucrats and politicians.
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Andy Garcia discusses 'The Godfather, Coda: The Death of Michael Corleone,' as well as a fourth 'Godfather' movie that could have starred him and Leonardo DiCaprio.
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Justin Bieber and Hailey Baldwin responded to a bully who called for people to attack the model with hateful comments and say Selena Gomez was better for the singer — details
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'Fear the Walking Dead' season 7 is officially a go, following the airing of its season 6 midseason finale.
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Some companies, like Amazon, quickly recovered their value – but many others were left in ruins. In the two decades since this crash, technology has advanced in many ways.
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In the summer, I went camping with my friends. On the first day after our arrival, I woke up early to take a walk and pick some chanterelles for breakfast. As bad luck would have it, however, I left my glasses in the tent, and without them, I struggle to tell mushrooms apart.
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A new MIT report proposes how humans should prepare for the age of automation and artificial intelligence.
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As the coronavirus pandemic hit New York in March, the death toll quickly went up with few chances for families and communities to perform traditional rites for their loved ones.
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The unfamiliar landscape of America's medical past is marked by bizarre incidents, forgotten breakthroughs and selfless sacrifice
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Australian researchers figure out a new way to apply extreme pressure and squeeze out diamonds.