Where Philosophy Meets the Road

[tmotofga]

Your message of what is practical is what Black Folk need to hear (and White folk).

[Cimbolic]

I'm amazed that I went through 12 years of public education, and never learned about financial planning, or how to start a business to create self-employment. These really should be added to the curriculum. It's important knowledge.

[tmotofga]

@6:50. I want to be just like you.

[Cimbolic]

:)

There's a great mutual fund, CEF (Central Fund of Canada). It's one half gold and one half silver. But many people like to own the physical metal rather than "paper" gold and silver.

[tmotofga]

Why anyone would rate this less than 5 stars is beyond me. Anyway, this was a great breakdown for you spoke of yesterday and I agree with 100%. Be blessed my friend. Btw, you had some spots that brought a laugh to me. Thanks.

[Cimbolic]

Thanks very much, tmot. One of my extremist Libertarian subscribers no doubt down-starred me! :)

Glad you enjoyed the humor.

[brainouty]

Interesting, Cimbolic. The exact same reasons which cause you to be for a mixed economy, cause me to be against it. Free market all the way. Extremely.

However, the CULTURE of such a polity -- the social end, not the political end -- should be socially responsible. Only then will the goals of bettering mankind actually work.  Hence I'm a social liberal, but a political and economic conservative. (Continued)

[brainouty]

From (Continued):

If society COMPETES to outdo benefit to the whole, then free market is the best form. And if not, then any form of economy or political entity will fail.

Hence the back-door attempt of Marxism won't work, and the back-door of American mixed economy won't work. The more the regulation, the more indiividual initiative is discouraged, stifled, as the price of success becomes too high. Our current system penalizes success.

[brainouty]

Last point: whatever you own, owns you. That's the irony of life. So the inherent problem of tinkering with the free market, is that ownership is removed, to the extent of the tinker.

So if no one owns, then no one has responsibility. So when Government owns, chaos results, as no one owns and no one has responsibility.

[Cimbolic]

Excellent points, Brainouty.

And I agree with much of what you say.

The Libertarians I was arguing with were very extreme. For instance, they wanted to repeal child-labor laws.

They took the concept of "self-ownership" to such an extreme that one of them favored allowing people to "volunteer" for slavery. That would result in the reintroduction of slavery.

So, it's this sort of extreme private property concept that I abhor.

[Cimbolic]

The Libertarians take "private property" to the extreme just like the marxists take "pubic property" to the extreme.

[brainouty]

Agreed.

[brainouty]

Okay, well I'm not THAT extreme. I had forgotten how 'extreme' it used to be. Even God is not that extreme. :) He just never interfered with local civil law, and for example you'll see Paul urge Philemon to free his runaway slave Onesimus. So slavery was tolerated but even in Israel you couldn't keep an Israelite a slave for more than six years, so of course most who became slaves, would become Israelites. :)

[Cimbolic]

What would God say today, I wonder.

[brainouty]

Well, from what I can tell God was free-market with social conscience behind it. Look at Leviticus 26, Deuteronomy 28, Malachi 3, Psalm 82, Ephesians 6, all of Philemon, most of Job's speeches. Always the stress on noblesse oblige. So if you had wealth you were expected to honor God with it, and you didn't honor God by despising the poor, James 1:21-2:10 (I exegete it from the Greek in my James2 playlist if that interests you, esp. last 12 videos).

[Cimbolic]

This is great, brainouty, thanks.

It has a principle of social justice, which I think extreme Libertarianism lacks.

[Tishuku]

Dont worry cimbolic you tell about the free market in general around the globe but Tmot's only think in EEUU there are more countries out there.

Yes the individuality of the free market is beautiful creates more jobs and grow the people potential great video ;D.

[Cimbolic]

And it is possible by creating our own business, to free ourselves from having an employer.

[Cimbolic]

Thanks, Tishuku.