If the prevailing social vision is that people are depraved because they're deprived or that the system is rigged, we are teaching individuals that the only remaining option is to not participate or to destroy the system.

Right.

So the prevailing social vision very much affects the economic actors.

It's an incentives question.

We're putting horrible incentives in front of people.

What do I even do with the fact?

If I believe the prevailing social vision that, you know, my race is an all-determining

characteristic or that the system is rigged, what do I even do with that?

I mean, one of the options is I destroy and watch this.

He's actually just explained why all these measures of civilization got worse after the

60s because we went to this all-inclusiveness. You're a murderer. It's okay. It's because you

were disadvantaged. Right. Ignoring the complex realities that drive that, and one of the

he repeats multiple times in this book is that a majority of people in prisons are from single parent households.

Nothing to do with race, nothing to do with wealth or income. If we have a bad mental model

as society, we're going to get poor participation or lack of participation. Wack of it is worse.

Like, that's a great way to put it. Bad ideas cause, put people to the guillotine.

Like, that's Marxism in a nutshell

hey everybody welcome to the what is money show I am thrilled to have you here joining me

on my mission to help shine light on the

corruption of money. Now, if this is your first time listening to The What Is Money Show,

I strongly recommend that you go back to episodes one through nine first, which lays a lot of

the groundwork for many of the concepts that we explore on the show. These first nine episodes

...