287 | Jean-Paul Faguet on Institutions and the Legacy of History

3666.045 - 3688.097 Jean-Paul Faguet

And so through a series of historical processes in Western Europe, you get a party system that's left versus right, where left is pro-worker party. Pro-larger government with bigger taxes and a bigger welfare state that's in favor of the little guy, as it were. And right wing is pro-capital, pro-business. Capitalism, the owners of capital, the owners of businesses, factories, etc.