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Show Notes
The story of Anil Ambani destroys the belief that capitalism automatically favors the rich and excludes the poor. Once a billionaire, he made a series of bad business choices and the market punished those choices. Capitalism favors good choices.
Original article: https://mises.org/mises-wire/surviving-capitalism-scarcity-advantage
Topics
Bureaucracy and RegulationCapitalismThe Entrepreneur