AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Why Do So Many People Live in Poverty and Distortion?
The policies in a dictatorship are designed to enrich the leader and there's a whole bunch of cronies at the top of the system. If you're, I'm going to say taxing, but effectively capturing the resources of society and funneling them towards your cronies, you're not providing incentives for people to work hard. The situation becomes even worse when the leader doesn't even really need the people to work to generate revenue. They can completely cut the average person who lives in that country out.