3min chapter

Made You Think cover image

92: The Lessons of History

Made You Think

CHAPTER

The Fear of Capitalism and the Fear of Socialism

Soros: The fear of capitalism has compelled socialism to widen freedom. And the fear of socialism has compelled capitalism to increase equality. So they absorb properties of the other, and I think we're actually in a very almost merged place. He says that only the man who is below average in economic ability desires equality. Utopia's of equality are biologically doomed," Soros writes.

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