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Michael Novak

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Author Michael Novak has an interesting -- some would say inventive -- take on capitalism: he believes you cannot have civilized life without it. In his latest book, Business as a Calling: Work and the Examined Life, he explores the moral dimensions of business and the world of commerce. Yes, he admits, corporate downsizing may be unjust and some executives will act immorally whenever they think they can get away with it. But the flip side, he argues, is that capitalism rewards diligence, industriousness, prudence, reliability, fidelity, and courage.

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