How Criminals Built Capitalism

Capitalism needed crooks, swindlers, and rogues to keep evolving.

Naval hero, fraudster, builder of capitalism?

Photographer: Kim Traynor via Wikimedia Commons

Whenever buyers and sellers get together, opportunities to fleece the other guy arise. The history of markets is, in part, the history of lying, cheating and stealing -- and of the effort down the years to fight commercial crime.

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