"Between the Great Depression and the 1970s, private……" — Ha-Joon Chang

"Between the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies. Businesses were, so the story goes, seen as anti-social agents whose profit-seeking needed to be restrained for other, supposedly loftier, goals, such as justice, social harmony, protection of the weak and even national glory."

Ha-Joon Chang

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