AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
Corrupt Money and Centralization of The State | The Stephan Kinsella Series | Episode 6 (WiM303)
The "What is Money?" Show
Introduction
Michael Saylor: socialism is counterproductive and unjust. He says it diminishes the natural incentives people have to be productive in a free market system where you can get the benefits of the outputs of your efforts, but you can't in socialism. The only reason the USSR and communist systems don't collapse instantly is because they're not pure communistbecause if they were, they would just all die.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode