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Michael Malice

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
3868 total appearances

Appearances Over Time

Podcast Appearances

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

Well, you have to blame the leaders a lot because they had different leaders and different countries were different from each other.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

Dubฤek, who took over Czechoslovakia and he tried to introduce socialism with a human face in the Prague Spring of 1968, he was like, all right, we got to do away with this authoritarianism.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

We got to have more free speech.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

He was thinking of introducing elements of democracy.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

Now, then the Russians sent in the tanks.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

But the point is, he certainly was someone who was like, all right, this has got to stop.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

This is just absolutely crazy.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

Khrushchev and Stalin were not the same animal at all.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

So I think the problem with...

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

communism in the Marxist sense is that you're going to have an introduce an element of authoritarianism simply because you can't have economic planning.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

If I don't have a price mechanism, I don't know how, price is what is me knowing as a consumer or a producer

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

what should be produced or what there's a shortage of.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

As prices increase, that's a signal that we have a shortage here.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

As prices decrease, that means that there's a surplus here.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

But if I'm setting the price, I don't really know how much weed I need to produce if I'm compared to corn, as compared to shoes, as compared to Santa costumes.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

So that is a big problem.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

The other issue is if you have one agency, the government, having a monopoly on, let's suppose, the news,

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

like you were talking about earlier with Twitter, it's gonna be really hard to have any kind of objective discourse because everyone is gonna be working for the same organization.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

That is gonna cause a problem in terms of having a feedback mechanism, even in the best scenario, in terms of this is a problem, this isn't a problem.

Lex Fridman Podcast
#347 โ€“ Michael Malice: Christmas Special

And when you have a monopoly, which is what a government is, I think people are very familiar with what the problems happen with monopoly, this lack of accountability,