
The Crisis of Democratic Capitalism
Economics & Beyond with Rob Johnson
The Dangers of a Free Society
In a free society where these dangers don't exist now why so many people who are for all educated and immensely wealthy they don't want for anything should not put their resources behind policies that stabilize the social order, he asks. If you want a capitalist order and if you want democracy then you must accept that the free market will have to be contained within and tempered by an active state which provides fundamental security to all its citizens because it's something they're all going to demand. The idea that all this can be done with no state purely through the benevolence of rich people all through the market is completely inconsistent with history and with our knowledge of humanity says Mr Smith.
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