EI Weekly Listen — Capitalism, Socialism and Democracy revisited by Niall Ferguson
January 28, 202243m 9s
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Show Notes
While at one point in time the idea that socialist economies would ultimately prevail over capitalism was quite a widespread view the fate of socialist states over the past hundred years have demonstrated that they enjoy only two possible paths: authoritarianism or anarchy.
Credit: Shotshop GmbH / Alamy Stock Photo
Credit: Shotshop GmbH / Alamy Stock Photo