4. How Political Definitions Shape Reality
WHAT IS POLITICS?
00:00
The State and the Market
The state can impose restrictions or constraints on the choices that people make regarding exchanging their resources. But it can also be used to encourage markets, or even make them possible in the first place. Even most so called libertarian capitalists believe in maintaining some of state despite the fact that the very existence of a state violates the fundamental principles of capitalism.
Transcript
Play full episode
