3min chapter

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#200 – Michael Malice: Totalitarianism and Anarchy

Lex Fridman Podcast

CHAPTER

Is There a Safety Net for Entrepreneurship?

"I have a sense that there needs to be a bit of a safety net for freedom," he says. "The beauty of markets is with your startup, if you have a startup and it completely fails, the only person who screwed is you and your investors." If I'm a government and I make a startup, the entire society fails, like the Iraq war, right? He adds: "There just has to be a of course you can do it complete without government, but government!"

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