Kristol argues that capitalism got a "bad name" because economists shifted their focus from an analysis of production to an analysis of:

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Kristol argues that capitalism got a "bad name" because economists shifted their focus from an analysis of production, which emphasizes the creation of wealth and the efficiency of markets, to an analysis of distribution, which concerns how wealth is spread among different groups in society. This shift in focus led to criticisms of capitalism based on perceived inequalities in wealth distribution.

Kristol Argues That Capitalism Got a "Bad Name" Because Economists