The Predator State

I mean, this is worse the whole podcast, as far as I'm concerned, this notion that this was our gift to the world at that time. And so a bureaucracy would have become ever more brutal and, and coercive and inefficient. There's a bunch of these intellectuals who actually suddenly were world-class figures. They advanced a notion of enlightened democratic capitalism - you could call it social democracy. The Democrats for partly for out of protective political coloration embraced the rhetoric of small government free markets and all of this. But they pursued the same agenda of deregulation, which once had deeply embedded in the financial system,. Which is the recipe for meltdown for disaster.