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  • 17-11-2021
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why might socialism be less efficient than capitalism

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30036741
30036741 30036741
  • 17-11-2021

Explanation:

The reason that democratic socialist economies must be much less efficient than market economies is not that the democratic process leads to worse government objectives under social- ism than under capitalism, but that the government can afford to pay for much more politically motivated inefficiency under socialism.

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