Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

The Glue Binding Democracy and a Free Economy Has Melted

And that's how democracy and a free economy die.

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Charles Hugh Smith
Jun 17, 2024
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An astute reader asked me to clarify the difference between individual sacrifice and shared sacrifice in the context of the Common Good, which as he rightly noted, dictatorships use as the justification for oppressive enforcement of a regime that benefits the few at the expense of the many.

In a democracy with a free economy, the Common Good is the respo…

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