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A Theory of Socialism and Capitalism

Mises Audio Books Podcast

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Dynamics of Power and Governance

This chapter examines how a small governing body maintains control over a larger population, focusing on the interplay of ideology, public support, and state actions. It critiques beliefs about socialism and state authority while analyzing how governments generate compliance through wealth redistribution and service monopolization. The discussion further contrasts democratic and autocratic regimes, exploring their differing approaches to managing popular resistance and the evolution of governmental power.

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