Individualism vs Collectivism with Don Mei (WiM183)
The "What is Money?" Show
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The Potential Downsides of Individualism
The individualism of freemarket economies can result in self centeredness. Without a strong collective like the state, who will take care of individuals when they need help and protection? I would just love to hear your thoughts about that. The limiting principle, in my mind, has to be the integrity of private properties. Like, do whatever you want, get as rich as you want, pursue the satisfaction of all your wants,. up to the point of violating anyone else's person property. That seems to me the way to best construct a collective that is, let's say, free from corruption both internally and externally.
Play episode from 57:33
Transcript
