EI Weekly Listen — Capitalism, Socialism and Democracy revisited by Niall Ferguson
Jan 28, 2022, 04:25 PM
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