Democracy: The God that Failed | The Song Series | Episode 2 (WiM087)

Jimmy Song joins me for a multi-episode conversation covering the masterful anti-state treatise “Democracy: The God that Failed” written by Hans-Hermann Hoppe.

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GUEST
Jimmy's twitter: https://twitter.com/jimmysong
Jimmy's podcast: https://podcasts.apple.com/us/podcast/bitcoin-fixes-this/id1523910866
Jimmy's writing: https://jimmysong.substack.com/

PODCAST
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Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
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RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:

OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 Involuntary Exchange: A Zero-Sum Game
00:03:08 “Every Public Election is an Advanced Auction on Stolen Goods"
00:12:07 The Individual is Elemental to Civilization
00:19:55 Government: “Sticks in a Flywheel”
00:25:33 The More Power, the More Parasitism
00:35:28 NYDIG
00:36:35 Monarchy vs. Democracy
00:43:06 Low Time Preference Incentives of Monarchy
00:54:25 Monarchs have "Skin in the Game"
01:06:44 High Time Preference of Democracy
01:10:09 Eminent Domain = Legalized Theft in Democracy
01:16:01 Democracy is a Magnet for Bad Actors

SOCIAL
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