...which is the real power of capitalism!

…ry also possessed a financial advantage that the once-dominant Mediterranean trading houses lacked: the power of debt. By using someone else’s money, British traders could earn the same returns as conventional traders…
A Monopoly on Capital–the British Empire’s Invisible Strength
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Evan Juarez
Matt | Financial Imagineer
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Mar 12, 2024
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...which is the real power of capitalism!
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Written by Matt | Financial Imagineer2.4K Followers
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