Chapter
Central Planning and Corruption
1:28:14 - 1:37:32 (09:17)
The speaker advocates for central planning in healthcare, transit, and natural monopolies, but acknowledges that corruption may arise in systems built on state allocation of resources through bureaucracies. Prioritizing meritocracy may help reduce corruption.
Clips
The talk explores socialism as an alternative and looks at some institutions and examples of socialism.
1:28:14 - 1:30:05 (01:50)
Summary
The talk explores socialism as an alternative and looks at some institutions and examples of socialism.
ChapterCentral Planning and Corruption
Episode#349 – Bhaskar Sunkara: The Case for Socialism
PodcastLex Fridman Podcast
The larger the sphere for the state, the more apt you are to have corruption, something that has been evident through the bureaucratic nature of corruption in the Soviet system.
1:30:05 - 1:34:25 (04:20)
Summary
The larger the sphere for the state, the more apt you are to have corruption, something that has been evident through the bureaucratic nature of corruption in the Soviet system. This kind of issue is found more frequently in socialist systems than capitalist systems in the 20th century.
ChapterCentral Planning and Corruption
Episode#349 – Bhaskar Sunkara: The Case for Socialism
PodcastLex Fridman Podcast
This podcast discusses the difference between hard work and meritocracy in the context of maintaining a corrupt-free system.
1:34:25 - 1:37:32 (03:06)
Summary
This podcast discusses the difference between hard work and meritocracy in the context of maintaining a corrupt-free system. While prioritizing meritocracy does lead to a less corrupt system, it does not mean that hardworking individuals in the lower class should be overlooked.