In episode 98 Tommy takes on the idea that any one ism should be argued as superior over another. When people argue capitalism v socialism v communism v progressivism v fascism they are forgetting that they are arguing in favor of forced integration or forced segragation. In a society founded on liberty people would be able to choose the ism that best fits them and the coercion that enforces and props up their preferred ism would be null and void.
Mass Production Equals Mass Consumption
[R]elative shares in national income have remained substantially constant over the last hundred years. This, however, is true only if we measure them in money. Measured in real terms, relative shares have substantially changed in favor of the lower income groups. This...