The Answer Is Transaction Costs cover image

Curation Bubbles, Verification, and the Splintering of Ideology

The Answer Is Transaction Costs

CHAPTER

Understanding Socialism vs. Marxism and the Role of Dissent in Democracy

This chapter clarifies the differences between socialism and Marxism, particularly the emphasis on state ownership and class struggle in Marxism. It critiques misconceptions about Nordic countries and concludes with a book recommendation on the importance of dissent in democracy.

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