> In fact, the Industrial Revolution that he claims to be the last "time of entrepreneurship" lead to the Dickensian's work conditions and such a strong class divide that lead to all the workers revolutions, the fascist counter-revolutions,
...and popular reaction againat capitalism everywhere else in the developed world, too, leading to the general abandonment of pure capitalism in the developed world and its replacement with the modern mixed economy, a comparatively vastly more socialistic system. The rejection of the system for which the term “capitalism” was coined was pretty universal,
...and popular reaction againat capitalism everywhere else in the developed world, too, leading to the general abandonment of pure capitalism in the developed world and its replacement with the modern mixed economy, a comparatively vastly more socialistic system. The rejection of the system for which the term “capitalism” was coined was pretty universal,