Bhaskar Sunkara

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1,609 appearances 1 recordings 1 series first heard Dec 2022 last heard Dec 2022

Bhaskar Sunkara’s voice in public audio — every appearance, attributed to the second.

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So...
you still can fall back on that mechanism.
And also in my vision of market socialism and democratic socialism, there would be an expanded state sector.
Not anything you can imagine, but the way in which there's more of a state sector in countries like Norway or Denmark than there is in the US.
So there would be various forms of state employment and whatever else.
So, I mean, I think that...
The real question is, should being bad at your job or getting fired for any reason or getting laid off, should that be a cause to have you totally lose your shirt?
Or maybe should you just have to rebound?
Maybe you have less money for consumption or whatever else, and you'll be on your way onto bigger and better things in a few months.
Sure.
So I could definitely accept some of that premise.
One, within capitalism, you want a bigger pie.
Then if you divide up that pie, even if the bottom 10% or the working class share, let's say, is less as a percentage, it's still more in raw terms.
So it's better for everyone.
The part that I would dispute is...
more economic freedom versus less economic freedom.
So there's obviously some countries in which capitalism doesn't work and maybe economic freedom plays a role.
Like if you're in a country like Egypt or India with a highly or previously highly bureaucratic system, so you need to get licenses to do anything and you need to run things for the state or
or you need to bribe someone to get an incorporation done or whatever else.
That's in case in which I would accept the premise of, okay, economic freedom to take entrepreneurial risk to start something new is limited.
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