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#349 – Bhaskar Sunkara: The Case for Socialism
Lex Fridman Podcast
Is There a Meritocracy in Socialism?
A lot of people worry that when you have a socialist in any degree central planning or perhaps a collective of workers, that it won't result in that kind of meritocracy. Think about it this way: The workers themselves are incentivized and are shaped by market forces too,. They're trying to respond to consumer needs and preferences. And then at the state level, state bureaucracies have their own sort of sets of incentives.
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