Exposing the Modern "Woke" Movement with James Lindsay (WiM489)
The "What is Money?" Show
Exploring Equity in Public Administration and Financial Sense
The chapter delves into the concept of equity in public administration, focusing on adjusting shares to make participants more equal in outcomes, tracing back to a conference in the 60s. It also discusses equity in the financial sense, emphasizing the importance of accurately assessing risk versus reward cycles. The conversation critiques the idea of adjusting shares to ensure everyone comes out slightly ahead and explores the impact of Marxist ideology on wealth redistribution and incentivizing non-productive behavior.
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