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The motto of the French Revolution – Liberty, Equality and Fraternity – has guided societies worldwide for over two centuries. Each of its parts, however, has gained different weights and meanings in recent decades.

Markets, for example, have become freer and freer. But without equality and fraternity, they are unable to share wealth with the vast masses of people still excluded from the fruits of civilization.

Even so, there is promising news.

From the Fre…