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#347 – Michael Malice: Christmas Special

Lex Fridman Podcast

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The Origins of Socialism

The concept of socialism emerged during the Industrial Revolution with the belief that society could be scientifically managed using technology and science to eliminate waste and suffering. This idea was rooted in the rejection of capitalism, seen as inefficient and causing imbalances between surpluses and shortages. Initially, socialism encompassed a vision of engineering society to meet exact needs and ensure happiness for all, with a focus on scientific governance rather than the state intervention commonly associated with socialism today. The debate around socialism's different interpretations can be traced back to early thinkers like Marx and Bakunin, with Marx advocating for state socialism where the government controls all aspects of society.

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