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March 5, 2025 10 mins

In this episode, we’ll explore 20th-century socialism and communism, examining their key characteristics and consequences. We’ll discuss major communist nations like the Soviet Union, China, and Cambodia, where centralised power led to political repression and policies that resulted in widespread famine and mass deaths. Additionally, we’ll analyze how the lack of economic incentives hindered productivity and innovation, prompting some nations to incorporate capitalist elements over time. Join us as we uncover the ideological ambitions, challenges, and lasting impacts of communism in the 20th century.

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