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==Capitalism and Society==

==Capitalism and Society==

[[Image:Ludwig von Mises.jpg|thumb|100px|Ludwig von Mises]]

[[Image:Ludwig von Mises.jpg|thumb|100px|Ludwig von Mises]]

Historically, capitalism has fostered freedom, and vice versa.  Societies that have tried non-capitalist systems inevitably fall into tyranny. Examples of these free countries include [[Guatemala]] under [[Somoza]], [[Chile]] under [[Pinochet}]] and [[Germany]] under [[Adolf Hitler]].

Historically, capitalism has fostered freedom, and vice versa.  Societies that have tried non-capitalist systems inevitably fall into tyranny. Examples of these free countries include [[Guatemala]] under [[Anastasio Somoza Debayle]], [[Chile]] under [[Pinochet]] and [[Germany]] under [[Adolf Hitler]].

For example, [[Venezuela]], while not a perfect country before [[Hugo Chavez]], had freedom and wealth unprecedented in its history.  As Chavez has nationalized industries, he has also centralized power, and become a virtual dictator.

For example, [[Venezuela]], while not a perfect country before [[Hugo Chavez]], had freedom and wealth unprecedented in its history.  As Chavez has nationalized industries, he has also centralized power, and become a virtual dictator.