Chapter

The Importance of Liberalism
28:26 - 39:43 (11:17)
The podcast discusses the importance of liberalism, allowing individuals and groups to have their own opinions and freedom, while accepting the opinions and dissenters of others. The speakers mention how a meritocracy allows people to vote with their actions and money.
Clips
The idea of dropping out of mainstream society to start a commune or religious community is not new.
28:26 - 32:43 (04:17)
Summary
The idea of dropping out of mainstream society to start a commune or religious community is not new. It's an expression of individual freedom and autonomy to allow people to live the life they want to lead, but one must also accept the opinions of dissenters.
ChapterThe Importance of Liberalism
Episode#171 - Stephen Hicks - Socialism & Postmodernism For Dummies
PodcastModern Wisdom
As organizations grow larger, it becomes harder to manage democratic ideals and transfer power equally.
32:43 - 36:03 (03:20)
Summary
As organizations grow larger, it becomes harder to manage democratic ideals and transfer power equally. Distribution of resources largely remains frictionless for people who are already in power, making it easier for them to take advantage of the situation, increasing their power and making it difficult to manage technology democratically.
ChapterThe Importance of Liberalism
Episode#171 - Stephen Hicks - Socialism & Postmodernism For Dummies
PodcastModern Wisdom
This podcast episode tackles the chronic problem of suppression of minority interests in a democracy and the ways serious liberal individualistic societies have implemented checks on the power of the government.
36:03 - 37:31 (01:27)
Summary
This podcast episode tackles the chronic problem of suppression of minority interests in a democracy and the ways serious liberal individualistic societies have implemented checks on the power of the government.
ChapterThe Importance of Liberalism
Episode#171 - Stephen Hicks - Socialism & Postmodernism For Dummies
PodcastModern Wisdom
The podcast discusses the concept of meritocracy and sovereignty, and how society has been working on creating freedoms and removing barriers to allow people to have more control over their lives through their actions and decisions.
37:31 - 39:43 (02:12)
Summary
The podcast discusses the concept of meritocracy and sovereignty, and how society has been working on creating freedoms and removing barriers to allow people to have more control over their lives through their actions and decisions.