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Continue to ChatI think on the efficiency level, not only the distribution level, capitalism is a flawed system. It probably has the same virtues as Churchill attributed to democracy: It's the worst system except for any other. And I think that's right, but it cannot be thought that some unmitigated belief in free markets is a cure even from the efficiency point of view. - Kenneth Arrow from https://whatsmyquote.com/quote/i-think-on-the-efficiency-level-not-only-the-distribution-level-capitalism-is-a-flawed-system-it-probably-has