Game Theory #8: Communist Specter

The podcast explores the complex relationship between communism and capitalism, arguing that communism may have been a tool created by capitalism to dismantle its true enemies: monarchy, theocracy, nationalism, and democracy. It posits that communism, by opposing these ideologies, inadvertently paves the way for capitalist expansion. The seamless transition of China from a communist to a capitalist economy serves as a key example. The discussion also delves into the history of Karl Marx, questioning his funding and motives, and examines the 1917 Russian Revolution, suggesting Wall Street's financial support of the Bolsheviks was aimed at exploiting Russia's resources. The professor suggests that communism's destruction of traditional structures ultimately makes societies more susceptible to capitalism.