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History As Anchors In The Soil May 21, 2021 | By Alberto M. Fernandez They tried to cancel Churchill and Napoleon but they failed. The long-dead statesmen still had enough dazzle and enough of a popular following to blunt the braying of leftist revisionists. In both the United Kingdom and in France, there is still, for now, enough historical capital grounded in a national narrative to fend off the statue topplers. Yemeni Jewish refugees arriving in Israel, 1948 – photo used as model for new monument Historical capital in the West seems very much in decline. This is true both in terms of historical knowledge and in the power that history holds.[1] It seems to me that historical capital is just another kind of valuable asset, as we speak of intellectual capital or social capital (or indeed just capital), an asset or wealth that has some sort of value.

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