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Decentralized a virtue of capitalism and its decision making

The idea which a virtue of capitalism is decentralized its decision making emerged while: (1) social philosophers looked for alternatives to feudal kings like economic regulators. (2) Russian imperialism fostered anti-communist sentiment after World War I. (3) early Christian philosophers sought to decrease human greed. (4) early mercantilists and merchants attempted to cast off the secular customs which impeded profitable commerce. (5) anarchists tried to overthrow late ninetieth Century European monarchs.

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