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Podcast: Work On Your Game: Discipline, Structure, and Execution Under Pressure
Episode: #3483: Why Socialism Is A BAD Idea [Part 2 of 2]
Description: In this episode, I pick up where I left off on why socialism is a bad idea. I talk about how centralized control always leads to corruption, because thereβs nobody you should trust with that kind of power. I break down why socialism kills excellence by removing the incentives that push people to perform at their highest level. I also explain how rewarding victims over producers pulls everyone down instead of pushing people to rise.
Show Notes
[01:18]#1 Centralized control breeds corruption.Β
[08:05]#2 No Incentive for excellence.Β
[14:49]#3 Rewarding victims over producers.
[23:26] Recap
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