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Lessons of the Cold War with Peter Robinson

The Genius of Thomas Sowell

CHAPTER

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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