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16min chapter
Atlas Shrugged with Joel Rafidi (WiM355)
The "What is Money?" Show
Collectivism vs Individualism
In this chapter, they discuss the difference between individualism and collectivism. They explain that collectivism allows people to evade self-responsibility by relying on others to take care of them, while individualism promotes true support based on rational selfishness. They also point out that while self-sacrifice and support within a family is natural, applying the same principles to society as a whole doesn't work and can be manipulated by politicians and demagogues to steal from people.
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