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Capitalism in the United States and in Europe

By: 
Steven Colatrella

Speaking of Capitalism in America and in Europe we first have to be precise about two things. First, what do we mean by countries, by nations such as those in the Americas or those here in Europe? And, second, what do we mean by capitalism? So if we can specify what we mean by these two things, we can reason about the difference in how capitalism relates to the different places.