There is a very easy way to make opponents of capitalism go beserk. All you have to do is say two words.I don't mean "Adam Smith", the Scottish economist who is often (wrongly) seen as the father of free-market extremism. Nor do I mean "market forces", often code for the madness of unbrinled capitalism.No, the two words are "hedge funds". Most people, including myself, don't really understand exactly what these institutions do. But they are seen as the epitome of financial evil. A good definition of hedge funds...
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