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#251 – Ray Dalio: Money, Power, and the Collapse of Empires

Lex Fridman Podcast

CHAPTER

The Rise and Fall of Empires

This chapter explores the emergence of nation-states and their political power, focusing on the cyclical nature of empires influenced by wars, governance systems, and economic changes. It discusses historical contexts, including the effects of World War II and the evolution of capitalism, while comparing the performances of the U.S. and China through objective metrics. Emphasizing education's role in fostering civility and prosperity, the chapter also examines the complexities of internal conflict and its potential for driving positive societal change.

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