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Novara Media
Downstream: Individualism is Destroying Our Freedom w/ Grace Blakeley
May 13, 2024
Economist and author Grace Blakeley challenges notions about free markets and socialism. Discussion includes vulture capitalism, corporate crimes, backdoor bailouts, Boeing scandals, democratic control, and the impact of individualism on collective organizing. Exploring freedom, democratic planning, immigration, and societal constraints
01:09:23
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Quick takeaways
- Socialist economies challenge the idea of free market economies as models of freedom.
- Power dynamics in capitalist societies reveal pervasive centralized planning within corporations and financial institutions.
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The Dichotomy of Free Markets and Socialism
The discussion challenges the dichotomy of free market economies as models of freedom and socialist economies as centralized and limiting. The speaker argues that the perception of socialism as centrally planned and free market economies as devolved and chaotic is flawed. Instead, the podcast suggests that free market economies exhibit significant central planning within corporations and financial institutions, contrary to the belief that socialism restricts individual freedom.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode