THE CAPITALIST CREED

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THE CAPITALIST CREED by Mind Map: THE CAPITALIST CREED

1. According to YH, the concept of "growth" is the key to economic history

2. For most of the history the economy remained about the same size, but over the last 500 years it has grown brutally

2.1. `Like a teenager saturated with hormones`

3. The cult of the free market The entrepreneurs defend the minimal interference of the state in the market, but YH says that believing in the free market is so naive how to Believe in Santa Claus

4. Bearing in mind that the most important economic resource is trust in the future, the role of political systems in maintaining such confidence at acceptable levels is fundamental

5. YH concludes by denouncing that the growth of capitalism is always in the hands of greater inequality

6. The capitalist Hell Without state control, the market tends to become tyrannical and inhumane as the modern slavery