oops, ought not take another step, uh, never mind, go ahead
Rappin' up the debates
Fight of the Century: Keynes vs. Hayek; 10 min;;; about
Von Mises (Human Action) vs K Marx (Das Kapital) 11 min
backpages updated
posted as link mid 2015 on reddit r/NoCorporations, which later went private; I got into argument with mod of the sub, saved it. If you want a copy of that, ask.
J Mackey: Why Intellectuals Hate Capitalism 16 min. (explains how business is constrained by market contingencies, not greed; warning, bitter red pill for folks on this sub, LoL)
posted on reddit Dec.17.2016, archived, 94 comments
Capitalism vs Socialism, a c_s_t showdown
These are both economic systems. Let's make a reddit-sized comparison.
Socialism puts the state (government) above (more important than) its citizens. Every state is comprised of a sub-group of people, who by their social position, have more power (ability to decide the future) than the hoi-polloi. The basic premise is that the state will take from those citizens who have something to take, and give to those who need, (especially the people controlling the state). Socialists want equality (except between ordinary citizens and state actors). They don't mean equality of opportunity, they mean equality of achievement. Note that opportunity is about future potential, while achievement is about done deals. Potential cannot be forced, but done deals can be confiscated. Force rules.
Capitalism puts the individual above the state. This is proven by the idea of private property. The individual owns himself, his future, and the products of his time and talent. These must not be taken without acceptable compensation. Negotiation and persuasion rule.
Capital usually refers to money, because most enterprises need money to purchase the elements of production. But there are other types of capital: human, natural resources, time, space, etc.
Large scale Socialism has been shown many times not to work (for long), because it is opposed to human nature, which is to work for one's own self interest with a higher priority than for others. This is one reason that large collectives eventually become corrupt, because the state actors put their own interests above the citizen's. Small socialist collectives, like tribes, can work, because the members treat the others like family. See Sex at Dawn. (a book, and a sub on reddit)
Capitalism has been shown many times to work, but it has problems that are based upon human nature. People tend to become arrogant and callous when they are wealthy. And wealthy capitalist managers seem to disregard that their system needs both capital and demand. Demand is the aggregation of offers to do business from those with the ability to exchange value. When the system is rigged to exclude citizens from creating their own value, demand shrinks, and so must economic activity. So the problem here is not the economic system, but how to ameliorate the harmful effects of bad actors. The best solution I've seen is to shrink the system.
And there is another problem on the horizon, the shrinking value of energy, due to its rising cost of production. See The Global Economy Will Disintegrate Rapidly (38 min.)
Life in North Korea revealed 19 min. (CC)
Capitalism and Socialism: Crash Course World History #33
posted to reddit Dec.30.2016, 41 comments
Capitalism vs Fascism, a C_S_T showdown
This is a very complex topic, really too much for a brief reddit post, however we will present a hyper-condensed viewpoint. First off, is Fascism good or bad? Learn what is Fascism. Looking thru this article, Fascism seems far from my idea of a good society. What do you think?
Capitalism, in a nutshell, is the economic system that respects private property, and supports the ability of any qualified entity to enter into the marketplace. The definition of "qualified" should be as broad as reasonably possible. The reason for this feature is that the members of the general population of an economy need to be allowed to create their own value so they can provide the "demand" side of the supply/demand balance. In anarchy, the market decides who is qualified; the poor performers "fail," go out of business. In monarchy, certain businesses are granted honorifics, like "by appointment to her majesty the queen" which give them a competitive edge; it's like a permanent endorsement from a celebrity whose word is law. As it is in USA, government controls which entities operate in the economy, with charters, regulations, contracts, licenses, permits, credentials, medallions, subsidies, tax credits, etc.
What makes this comparison interesting, is the equivalence of Fascism with Monopoly Capitalism (See also State monopoly capitalism, and State capitalism). I'm not talking about government ownership of business, but in Fascism, there is a close link between government and corporate interests, with the emphasis on bigger and bigger enterprises, until one or a few are so big, they dominate. That's why it's called a monopoly. Some call it, with disdain, corporatism. It is what happens when corporations become so large, they dominate some segment of the economy, and they use their vast reserves of capital to corrupt the entire system in their favor.
The corporate owner/manager/gov't-oversight power collaboration becomes all pervasive. It can control mass media and use psychology to warp the public perceptions. It can bribe government officials (who have the police power). It can control the education system to inculcate the preferred ideology into young minds. (You know the phrase about absolute power and how it corrupts.)
Some examples... number one, the Federal Reserve. Near the turn of the 19/20 century, there was an infamous crowd of banking tycoons called the "Money Trust". They used fraud and bribery to install their secret weapon, a monopoly on the creation of money. Another one that is especially disgusting is Monsanto (now merged into Bayer). This company seeks a monopoly on the world food supply, and they are particularly callous about the consequences of their products. An older set of bad apples, are the tobacco and alcoholic beverage companies. The biggest bad actor in USA is a shadowy network called by Dwight Eisenhower the "military industrial complex" and by Michael Lofgren, the "deep state". "Trump will be assassinated" Paul Craig Roberts & Max Keiser December 2016 26 min.
Preventive actions have been taken against these fascist forces, but adherence to them seems to have waned in recent times. I hope these protections can be reconstituted and strengthened.
... skipping some added text... An Easy Way to Avoid Pig-Headed Mistakes 2014 , America's monopoly problem (Keiser Report: Trumptopia part 1, not recommending part 2)
posted to reddit May.22.2020
Capitalism, more compatible with monopoly/ oligopoly or with free markets? + outakes of fakeouts
monopoly/oligopoly or free markets?- Sur Samtani | qra
edit May.23
"If it (suggested company) really is a monopoly, then you may want to ask if it really arose from capitalism or if there is some special government privilege that has allowed it to become so powerful (which is) almost always the case."
Consider British East India Company (a mimic of Dutch East India Co. (VoC)), monopoly enabled by royal charter)
Jordan Peterson - Non-competitive monopoly is no fun 3.3 min (but it's a new wave washing ashore anyway because "we don't understand it")
The Return of Left Internationalism 2019 | jcbn, also Post-Postmodernism on the Left
Return of the Right: How the Political Right Is Taking Back Western Civilization 2012
In a previous time, many who would propose such a concept as a one world order would have been deemed nothing short of either a crazed lunatic or adhering to the notions of a radical humanist philosopher, who believes in some sort of impossible utopian vision. But, as is clearly being shown in the Western world, an aggressive attempt is being made to create this utopian vision. It is very aggressive and dedicated to its vision to destroy the nation-state, eliminate religion, break down all defined barriers in society (such as family) and eliminate western civilization from the face of the earth in the attempt to institute a radical, multicultural, New World Order agenda— and the architects and visionaries of this dream are on the verge of victory.
However, despite their many successes over the preceding generations, on the old continent of Europe and in the United States the radical Leftist, post-modern philosophy has been discredited and is proving to be a failure as a worldview?, as its tenets are completely at odds with the nature and desires of mankind, and after almost 100 years of radical indoctrination in Europe and the United States of an anti-religious, anti-nationalist philosophy, all that post-modernists have to show for it are spiritual and intellectual hopelessness and an intellectual and spiritual vacuum created in the Western world. In response to the consequential ideas, emanating from Hegelian and Marxist belief systems, the Western world is coming to realize the complete emptiness and harm of belief systems that are at their core, nihilistic. On a basic level, Men need hope to move forward. A hope for future success, that the adventures they embark on will not be in vain— a hope in an afterlife and in temporal security (distinguished from eternal security, aka afterlife) in order to be innovative. (hopelessness evokes apathy, non-participation) — review by Taylor Rose, insertions by Marginotions
New Waves come and go, but the shoah may go on forever (or seems that way to viewers; they say "it must") unless a whole lotta cost prevents it. The mythical Shoah is just another "brick in the wall" of lies.
Example monopoly; diamonds, outakes on fakeouts
De Beers (diamond market) could be toppled by a plentiful source of diamonds, but Russians, who found such a source, revealed in 2012 have wisely disciplined marketing it, riding the wave of profitability De Beers advertising created by conflating diamonds with "a girl's best friend". (2015 article in Atlantic by (((Uri Friedman)))
A lesser known fact about De Beers (unless you read Wikipedia), it was master-minded by British-Africa capitalist Cecil Rhodes, supported by Rothschild bankers, who later setup a well-funded and well-founded secret society to expand British Empire into a Global New World Order.
The NWO seeks global monopoly via socialist government based in UN. Isn't it ironic that capitalist experts like Rothschild and Rhodes used that economic system to take control of it and reverse it's premises (set forth in theory by Adam Smith, Scottish Enlightenment philosophy)... ergo Communism?
Attempted debunk of native racial diversity, big book by Jared Diamond, GGS
Guns, Germs, Steel: How (((Jared Diamond))) tried to fake-out natural inequality by blaming it on geography
study notes
https://duckduckgo.com/?q=jordan+peterson+on+natural+monopoly&t=hk&ia=web
https://www.quora.com/profile/Sur-Samtani
https://www.quora.com/Why-doesnt-planned-economy-work
https://duckduckgo.com/?q=Gum%2C+Viruses%2C+Iron%3A+How+Jared+Diamond+tried+to+fake-out+natural+inequality+by+blaming+it+on+geography&t=hk&ia=web
Taylor Rose, another conservative victim of Lefthate
https://www.splcenter.org/hatewatch/2016/10/10/montana-republicans-warmly-embrace-white-nationalists-legislative-candidacy
https://crooksandliars.com/2016/10/montana-republicans-warmly-embrace-white
https://www.wonkette.com/cuddly-fresh-faced-white-supremacist-will-make-montana-great-again-yes-siree