One of the main problems of the European culture is to answer the question connected with relations between capitalism, democracy and the world of values. In the modern world, an autonomous and independent individual, as a participant of the exchange and the market, becomes a source of values. As J. Locke and A. Smith state this does not mean that there are no values in the world we live in. The same thought demonstrates M. Novak, thus this is the spirit of the democratic capitalism.
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