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"Because the free market system is so weak politically, the forms of capitalism that are experienced in many countries are very far from the ideal. They are a corrupted version, in which powerful interests prevent competition from playing its natural, healthy role."

— Raghuram Rajan
raghuram rajan Quotes Powerful,Versions,Competition

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Raghuram Rajan
Powerful
Versions
Competition
Free Market
Weak

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Conflict may be defined as a situation of competition in which the parties are aware of the incompatibility of potential future positions, and in which each party wishes to occupy a position that is incompatible with the wishes of the other.

— Kenneth E. Boulding

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A new world of complex relationships and feelings opens up when the peer group takes its place alongside the family as the emotional focus of the child's life. Early peer relationships contribute significantly to the child's ability to participate in a group (and in that sense, society), deal with competition and disappointment, enjoy the intimacy of friendships, and intuitively understand social relationships as they play out at school, in the neighborhood, and later in the workplace and adult family.

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