I always think there's something strange about Hong Kong mentioned as a successful free market experience. First, because it's not a country, it's a city-state. If you take Shanghai isolatedly, it already has first-world living standards and income. Second, because it was heavily helped by the US, who wanted to prevent the Soviet dominantion in Asia. Third, because government played, and still plays, an important role on key sectors, like health, education and infrastructure.
@SchittReport - well Lolbertarians treat private property like it somehow has freedom, but when on a public forum like YouTube they censor anything that may ruin their elaborately constructed fantasy...but of course YOU wouldn't do that.
When he tries to embolden his logic using examples (e.g. the FDA), he just shoots himself in the foot... He hops around in circles but doesn't get anywhere.
In fact, I have doubts as to his degree of libertarianism... He sounds more like a centrist Neo-Liberal (i.e. dealcoholized Milton Friedman Lite)...
It just proves a point I made before that Libertarianism is so broad, you can have diametrically opposite positions under its umbrella.
I need to check that flick out, too... Sounds almost like Serpico meets Bad Lieutenant in a dark, HK alley, where Marc Faber is trying to get a "date".
haha, you got it. its actually based on a real character - sergeant lui lok, who allegedly amassed a HK$500m fortune in the 70s via massive graft and payola from triads. he is credited for developing a payola system which the brit commanders really liked. watch it, its very entertaining and tells you how HK operated in the 50s - 70s before the ICAC era.
At what point does Lee get annihilated? Guess its in part 2.
orbital40k 23 hours ago
and so LEtting corporations pick winners and losers is better than the government doing it?
Fireinthedawn 2 months ago
I always think there's something strange about Hong Kong mentioned as a successful free market experience. First, because it's not a country, it's a city-state. If you take Shanghai isolatedly, it already has first-world living standards and income. Second, because it was heavily helped by the US, who wanted to prevent the Soviet dominantion in Asia. Third, because government played, and still plays, an important role on key sectors, like health, education and infrastructure.
luizcadu 2 months ago
This guy supports Pinochet, and thinks winter proves climate change either doesn't exist or isn't man made.
justnotcricket 3 months ago
the irony is that Lee runs his channel like a police state.
trainwreckable1 3 months ago
@trainwreckable1
really..? how so?
SchittReport 3 months ago
@SchittReport - well Lolbertarians treat private property like it somehow has freedom, but when on a public forum like YouTube they censor anything that may ruin their elaborately constructed fantasy...but of course YOU wouldn't do that.
trainwreckable1 3 months ago
@trainwreckable1
well, lucky i don't label myself as a 'libertarian' then, haha.
more like a nazi fascist realist? :)
SchittReport 3 months ago
@SchittReport - as a fellow nazi fascist realist I like freedom to excess, let the Paultards hang themselves.
trainwreckable1 3 months ago
Lee has a problem formulating a position.
When he tries to embolden his logic using examples (e.g. the FDA), he just shoots himself in the foot... He hops around in circles but doesn't get anywhere.
In fact, I have doubts as to his degree of libertarianism... He sounds more like a centrist Neo-Liberal (i.e. dealcoholized Milton Friedman Lite)...
It just proves a point I made before that Libertarianism is so broad, you can have diametrically opposite positions under its umbrella.
heckler73 3 months ago
@heckler73
his best flub is using hong kong as an example of free market success
andy lau jumped out and shot him in the foot for that :)
SchittReport 3 months ago
@SchittReport
I need to check that flick out, too... Sounds almost like Serpico meets Bad Lieutenant in a dark, HK alley, where Marc Faber is trying to get a "date".
heckler73 3 months ago
@heckler73
haha, you got it. its actually based on a real character - sergeant lui lok, who allegedly amassed a HK$500m fortune in the 70s via massive graft and payola from triads. he is credited for developing a payola system which the brit commanders really liked. watch it, its very entertaining and tells you how HK operated in the 50s - 70s before the ICAC era.
SchittReport 3 months ago
@heckler73 Not only is he Friedman-like... he's using Milton's arguments word-for-word.
VTAcraft 3 months ago