S8 Ep164: Political Horseshoe: Convergence of Left and Right on Interventionism — Veronique de Rugy — de Rugy describes the political "horseshoe" theory wherein ideologically opposed left and right po
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Political Horseshoe: Convergence of Left and Right on Interventionism — Veronique de Rugy — de Rugy describes the political "horseshoe" theory wherein ideologically opposed left and right political movements converge on preferences for expansive government intervention and managed economy policies. de Rugy documents that while left and right factions blame different villains—wealth inequality versus immigration—both now support agricultural subsidies, protectionist tariffs, and direct state economic intervention. de Rugy emphasizes that both extremes have systematically abandoned classical free-market principles in favor of comprehensive managed economy frameworks emphasizing state control and industrial policy direction. 1910
