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#349 – Bhaskar Sunkara: The Case for Socialism
Lex Fridman Podcast
Is There an Inequality Between Capitalism and the Working Class?
The top 1% of Americans have more wealth than the bottom 50%. That's not talking about perhaps capitalist class and the working class. But if you just look at countries that have more economic freedom, more capitalism versus less capitalism, their GDP seems to be significantly higher. So strong social net, in many ways, make it more efficient to fire people who are not good at their job.
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