Ep. 251 - Debate: Monarchy vs Democracy
The Local Maximum with Max Sklar
00:00
The Relationship Between Free Enterprise and Democracy
If democracy drains the resources and capital of society, you'd think we'd be doing a whole lot worse today. The starkest example is the Koreas, which has turned itself into a monarchy. Successful societies in ancient times had some form of democratic government. We might be experiencing several right now, but monarchies also fail.
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