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Capitalism in America: The Cult of Wealth

Capitalism in America: The Cult of Wealth - Season 1 Episode 3 Who Wants to Be a Billionaire? (1981-Today)

The federal welfare state controlled American capitalism until the 1973 oil crisis and recession, which led to the election of the ultra-liberal Ronald Reagan. At the dawn of the computer revolution, a generation of entrepreneurs, including Bill Gates and Steve Jobs, emerged in Silicon Valley around Stanford University, which combined public and private research.

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