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#575 - Michael Malice - Why You Should Take The White Pill
Modern Wisdom
The Capitalist Will Sell Us the Rope and We'll Tie the News
The reason communism doesn't work isn't simply due to the human nature being bad, he says. "If you are basing your philosophy on human nature, it is the basis for your philosophy" Without a market to set price, 'you do not know how much to produce' He argues that central planning can only be done with information about demand and supply.
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