The evidence of the 20th century experiment is in. it’s a failure. For the very reason that democracy and socialism have always been failures: the inability to prevent consumption to the point of maximum rents that produces inability to adapt to shocks.
Source date (UTC): 2018-01-20 18:38:56 UTC
Original post: https://twitter.com/i/web/status/954785329097166853
Reply addressees: @ReneeStephen @kjhealy @mattyglesias
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