Episodes

Does America Have a Centrally Planned Economy? | Data Monk | YDHTY, Throwback Thursday Edition, July 2022

Written by Dan Sally | Jul 7, 2022 10:24:00 AM

Growing up in the 1980s, the dynamism and rising living standards brought about by America's system of free-market capitalism stood in contrast to Soviet-era communism, where centralized, state-run industries enriched a few while leaving the rest with just enough to survive. For this week's episode of YDHTY, we pulled an old episode with the Data Monk from the archives which asks the question: What if the end game for late-stage American capitalism is more or less the same as late-stage Soviet communism?

You can listen to the full episode via the player below, or via the following links: