In this episode, Emily interviews Doug Cardell, PhD, an economist, systems dynamics modeler, educator, and author of 'Why Socialism Struggles.' 

Dr. Cardell discusses his new book, which explores the economic missteps of socialism and its unrealistic goals. He explains the distinctions between socialism, social democracy, and social capitalism, and highlights the complexities of managing a modern economy. Dr. Cardell argues that socialism, as envisioned by Karl Marx, is fundamentally flawed and impractical, often conflating with misguided government interventions within capitalist frameworks. 

The conversation also touches on voting, government shutdowns, economic policy, and the analogy of capitalism to the human body’s spontaneous order. 

00:31 The Threat of Socialism
01:43 Understanding Socialism vs. Capitalism
02:06 The Flaws of Marxism
07:56 Government Intervention in Capitalism
14:20 Matters Speed Round

https://dougcardell.com/

https://www.barnesandnoble.com/w/why-socialism-struggles-doug-cardell/1148094114

https://www.amazon.com/-/es/Doug-Cardell/dp/B0FPR5ZFR8

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