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Childhood's End
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Childhood's End
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  • Earth still possessed democracies, monarchies, benevolent dictatorships, communism and capitalism.

  • There are no more uses of "communism" in the book.

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  • A challenge with communism is that it is harder to know how to allocate capital when prices are subjective rather than the product of individual valuations.
  • Capitalists defeated communists in the Cold War.

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