Political Quotes

Adam Smith: “Their economic model, I think, can best be described as kleptocracy, basically the folks at the top control all the…”

On the recordFebruary 10, 2020
Their economic model, I think, can best be described as kleptocracy, basically the folks at the top control all the money.
Said by
Adam Smith
Democratic · Washington

Editor's note · Context

Adam Smith describes the economic practices of Russia and China as kleptocratic.

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