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Lessons of the Cold War with Peter Robinson

The Genius of Thomas Sowell

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The Capitalist System and the Unmonitored Monitors

Sowel says that the capitalist system enables there to be a whole class of unmonitored monitors. The capitalists only get paid if there is something left over after everyone else is paid, he writes. He gives a concrete example of a Soviet farm. Sowel: Tractor drivers understood their work could be more easily monitored at the edge of the field than in the center.

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