If you're going to use a misleading video title as an anecdotal example of tricks or social engineering as you have just claimed, then it's no small fuck-up when your video is NOT misleading, and the title is in fact what's within.
That said, markets do not need a conscience, never have. Simple concept of resources, human needs, desires, and trade. I suggest you try reading about economics instead of exposing your naivete via unsophisticated philosophy.
@stinkypoon And I suggest you educate yourself about the 'tragedy of the commons' and how it is destroying everything the pseudo-free market relies upon.
@neotoy Thank you, but I'm familiar. Modern intervention on S-D/prices begins w/ MPP-wonks who extrapolate (from parables like it) to promote arbitrary "solutions". They blame the market for the inevitable disasters, and offer more solutions. Not always the case, but often enough to dismiss your arguments outright. Look at the tax credits for home buyers, tax deductions, shortages in medicine, college tuition, gas lines, military strategic blunders, and somewhat in the housing bubble.
you are wrong about free market capitolism, but im not wasting my time on you. will just say for the record that i tried to listen to this pathetic attempt but just could not. didnt make it past 2 min mark. you got my thumbs down but you have my vote and apparently almost every poster for Ron Paul. Suck it up and know change is a commin!!
Perfect information is one of the underpinnings of the free market. If people had perfect information, we would see a markedly different world around us. Sadly most people couldn't care less about economics, politics, or humanity. I applaud anyone who thinks about these things, even if I disagree with them; intellectual discourse is far better than mindless posturing.
The fact is - all economic theories are underpinned by class interest - what's good for the rich isn't good for the poor and vice-a-versa. But of course both sides will pretend its a win win situation. However, has it now seems , for the first time in history, the haves outnumber the have-nots at the ballot box - the middle class and the rich are lording it over the poor like a cat toying with the frightened little mouse. Yet, has seen recently, the poor will fight back with bricks and fire.
Just have to say, what you are suggesting is an up-tight concept, simple as. The more freedom we posess as a people, the better. So what if things get screwed up, good will prevail, people will prevail and fix things...you have to take risks in life man, you can't always have mommy doing your laundry...We let our strength down when we think like this, let the strong prevail and help the weak, they will, because in a free market America the strong will be GOOD and intelligent.
@vidgamer77 We did have more freedom once, over time it was taken away by free people. People who had the freedom to do whatever they wanted, however unlike in your scenario the good did not prevail, the strong were abusive and the intelligent were exploited then ignored. Incidentally as a side effect most of the ecological wealth of the world has been destroyed. I'd insert a poignant quote about the doomed repeating history, but I doubt you'd appreciate it. Carry on. Tabula Rasa will learn you.
also i feel as if i have to state ron paul is freemarket but he's also an austrian economist. now austrians dont really mainly focus on fixing the problem they mainy just know the likely reaction or outcome to a certain regulation or interest rateetc now knowing thispaul specializes in what would happenif you take a regulation away and whatnot i think is a fairpoint to make. if all that you said was true and he made a free market with no regulations i think he would be able to react accordingly
i love the amount of respect. most ron paul is wrong videos are very ignorant and just mean in general. what you said was very interesting but i had a hard time understanding quite everything you meant to imply. yes free markets do rely on the people but i dont think they have to be machines or as you described a cog in the system in order for them to function. if everything operated at 100% efficiency free market would be perfect but it isnt but no one is saying it has to be.
(1)Free Markets do work. Have you looked at the drug market? No government invention or regulations. The policy they have is IF, IF you get caught you go to jail. No regulations on how to produce, sell, consume or tax these illegal drugs. The drug dealers regulate everything themselves. I know your saying; "But thats not a good example, drug market is a violent way to make a living." Thats because the government made the trade a high risk and took all legal ways for these people to do business.
Good video. But I believe that's the beauty of free markets. The people (or cogs) decide what succeeds and what fails. And yes people can be fooled. But it isn't the government's job to protect the people. What is wrong with the people becoming educated and responsible consumers? What's wrong with independent research into what is a good purchase and what isn't?
Thats cool and all except that regulation of the market causes prices to go up and quality to go down, you can see that everyday at walmart, products are getting more expensive with the inflation of the dollar but quality is going down on almost all products. When quality goes down and inflation continues to rise the consumer loses faith in the purchasing power of that dollar even more. You get worse products for more money. This eventually will lead to hyperinflation with printing of the money
cont from below: semi-free market system you will find products that do whatyou describe as "gaming the system" but usually they do not succeed because they are not bought, and follow me here, but because people didn't buy them, and thus the product fails, thus the market self-corrects. Capitalism is the only natural economic system, and it is the only one that can lead to fulfillment of liberty, because it allows, no, demands all to act as free individuals.
@FreakingObvious Comment limit is a bitch right? A couple facts: 1. thumbs up or down doesn't effect the popularity of a video. 2. This video is getting more views now than when it was first posted. 3. Liberty is meaningless without accountability, capitalism depends on cultured ignorance and unsustainable exploitation to function; there is nothing "natural" about it aside from it occurring within the context of nature. A context that allows any conceivable experiment until it is proven to fail.
@neotoy That was the vagueist video Ive ever seen. How is it unsustainable exploitation? Typically, people trade money for things they want. The buyer is no more being exploited than the seller. Your last commit describes capitalism perfectly. Things that don't work fail and things that don't work very well get better. People who cheat are dealt with by the judicial system, mostly because we don't all carry guns anymore. What exactly are your saying? Do you have a another solution?
cont from below: it gets a lot of negative ratings, this leads to the video not being viewed, market self-correction. Your point about "gaming the system" is also false. Yes, you "gamed" me into watching this video, but I also gave you a thumbs down, in other words showing my distaste, and this may or may not lead to the next person not watching, because it has a lot of negative views. In other words, you did not game the system, but you made a decision a lot of products make, even in our
You show a basic lack of understanding about free market capitalism. 1) Markets do not fail if you do not participate in them, the fact that you are participating in it is the cause of the market itself, if people stop participating, people stop selling, meaning that markets are not "artificial" but purely "organic", if you will. They self-regulate in an attempt to keep people participating, for instance, an unnamed youtube user makes a crappy video with a provocative title, Soon though,
"Free markets have no defense against trickery." Really? Word of mouth that spreads from trickery isn't a defense? 3rd party testing like Consumer Reports isn't a defense? Competition isn't a defense?
The only thing that can realistically be used to stifle free market defense mechanisms is government intervention, and it's almost always used to stifle competition.
You should spend some time studying Austrian Economics. I promise you'll enjoy it. Very intellectually stimulating.
i wasn't "tricked" by your title, i came to this video to hear your reason for saying he is wrong.
i hope you aren't letting that one reason keep you from supporting him though. because as you said, he is right 99% of the time. even though i disagree with his pro-life stance, he is pro-life for the right reasons. not religious ones.
to me, his morals carry more weight than any "inexperience" ever could, and those morals outweigh that of all the other candidates' combined.
You are an idiot. Have you ever heard of the good ole boy system? All the money was in the South and jealous Yankee carpetbaggers couldn't stand it. So Abe Lincoln stop the Constitution to ratify laws and attack the wealthy in the South. You say free enterprise can't work? The good ole boy system still applies in southern Florida so you are full of shit.
Your thesis is flawed. People respond to incentives and pay attention to choices at a level that is appropriate to the consequences involved. There is no incentive to look past your video title and there are no significant consequences involved in downvoting the video. You cannot use youtube votes as an analogy to economic decisions because the two do not carry the same psychological significance. If your video had personal consequences, people would pay attention, but it doesn't so they don't.
RON PAUL, WE ARE STILL WAITING FOR AN ANSWER! TELL AMERICAN PEOPLE HOW EXACTLY RU GOING TO CREATE JOBS? OK LETS SAY ALL TROOPS CAME BACK AND THEN WHAT? THEY ARE GOING TO SELL IPHONES AND BLACKBERRIES? DUDE BE A MEN, HOW RU GOING TO CREATE JOBS? POPULATION OF CHINA IS 1.4 B CHINESE WORK LIKE ROBOTS, BE HONEST TELL AMERICAN PEOPLE TO BUY UR BOOK U NEED CASH , U LOVE POWER, U LOVE CASH, U WILL NEVER CREATE JOBS, U HAVE NO ANSWER!
@neotoy o cool... That'll make it a lot easier... I was interested to find the content of your video... If youre as smart as you so desperately want the internet to believe you to be, why haven't you done any research on public speaking? I reccomend, "how to win friends and influence people" by dale Carnegie. I'll get back to you when I've properly digested the content of you message (assuming there is some).
@neotoy hmm well thats actually pretty neat.. But i believe i was right.. This is a pretty hollow video... My inability to follow along with your reading is not evidence of my lack of comprehension skills.. Moreso, it is telling of how lusterless your delivery is.. Absolutely passionless, bland, and ineffectual. You have to captivate your audience. Make a statement! I appreciate your little social experiment, as i understand it to be after reading it..
I hope you dont take this critique too personally or too harshly.. I try to make a meaningful contribution by pointing out ways you (and others) can make a more meaningful contribution.
@zakquack As long as people are civil and constructive, that is my main concern when it comes to comments. Thanks for responding with a little more depth this time.
Normal people (working class people) suport Ron Paul?
You know what, just vote for Ron paul. I dont give a shit about america anymore. Your population is dumb. Norway and Sweden have had social democrasy FOR YEARS and been in the lead of ""Best Countries to live in""" (well sweden is Nr 6).
But no, no one cares about that. No one can see the correlation. So next year, just vote Ron Paul. I hope america ends up as a shit hole so people see the irony of Ron Paul. VOTE RON PAUL.
You basically made Ron Paul's point. You just don't know it because you think the current market is free. "hyper conscious" would mean everybody has a say and visibility in the markets. That's what he wants too. The government forces people to be unconscious cogs in this system by taking their voice from them and subsidizing corporations, taking their control and giving it to small, secretive groups of bankers and industrialists.
Some good ideas, however I disagree with your theory. Your viewpoint is based off your perception of a system that has never been "free" because it has always been manipulated and regulated.
I do not contend that a free market system would have no ups and downs, nor that it could not be manipulated. Fluctuations will happen, but as long as the market remains free, it will always return to a standard that can be accepted by the players who lost, therefore preventing total loss syndrome.
He speaks slowly and clearly he must be correct! BTW poster you are not a victim. Evolutionism is the root of all evil. Dogs alwasy make dogs. I know this fact is frightening to you but you will learn one day. Ron Paul 2012!
Youtube is very similar to a manipulated market and currency, hiding the costs of goods, and reality of consumption. If I had to pay per click I would have done due diligence before watching. You forget the constant, that is reality. The constant that is cause and effect exists and gov can help people ignore the cost of actions, or get out of the way of its blinding and binding light. The sunglasses that block reality of consumption can not be worn forever.
Lastly, to state "...cite the current market crisis as evidence against this assumption" implies that we currently operate in a free market. This is simply not the case. On the whole, I have to respectfully disagree with you thesis, as it appears to me to be based off incorrect assumptions.
Sir, I think you have some basic assumptions wrong. First, the market is not 'unconscious' as you state - money is the vehicle in which information (consciousness) is transmitted. Second, free market theory assumes that each individual participates in the market in service of his own self-interest. These are the unspoken rules that we all play by, knowingly or not. Third, I was not tricked by the title - you said R.P was wrong and made your case; like the title suggested. Wheres the trick?
I listened and appreciate the ethic of respect demonstrated in your tone. We should all strive to to engage in debate with this value. Ron Paul has my support because the critical core principles and values he demonstrates in his actions are the same as mine. Yours too it sounds like.
Nonsense. Our system is cronyism, not capitalism. If we actually had a REAL free market, you would see that Ron Paul is absolutely right about how we should run our economy. This man is the only candidate that stands consistantly on the side of liberty for every man. If Americans want their freedom back, they should support and vote for Ron Paul in 2012.
IOW: irreverent opportunists gaming the system are in fact the very reason laissez-faire works. The 'rules' you speak of are not rules in the way you portray them. That is the chief source of your misunderstanding. They are not perfect little rules that force people to act as good little capitalists. They do not regulate people at all. It is people that regulate markets via voluntary actions. You accept the Keynesian premise that any 'rule' requires some(one/thing) forcing some(one/thing) else.
According to you, all I have to do is stop participating. I did, by watching only to about 3:00. This, coupled with your youtube-market comparison is enough to debunk your thesis, which is supported by one claim: for every free market believer, there is an irreverent opportunist who game the system. The problem is that they are ONE AND THE SAME! Only a naive person such as yourself would make a distinction between an opportunist and an...opportunist.
Those irreverent opportunists of which you speak are robbed of their influence by active participation by the rest of the people in the market. People will not voluntarily accept manipulation that favors some and harms most others. However, government policy forces such manipulation on the people. Most lose buying power and competitive spirit while those powerful enough to influence government policy reap the benefits of such a corrupt and unfair system. Corporatism is facism, not capitalism.
@bassawash1 NEOTOY=Troll. He forgets to mention that 99% of Ron Paul beliefs about how government should work are in fact contingent upon that 1% of his beliefs that are Free Markets. When NEOTOY claims to agree with Paul 99% apart from the free market thing, he is disingenuous (a nice word for dishonest). If his points were correct, then there is no reason why the entirety of the market should not be planned. If Freedom necessitates crooked business, why not abolish all voluntary transactions?
Ron Paul is wrong about Free Market Capitalism? What he means is without the FED involved and without the IRS involved, the Free Market will work. You sir, who I respect for your respect for someone who has probably studied market economics for over 35 years vs. your experience, should maybe trust the bulk of his character and let him install sound money with the two rogue manipulators involved removed and watch what it can do. See : American economy 1890-1912....Good day!
Ron Paul predicted there being an economic collapse due to such things as the excessive spending by the fed, the manipulation of interest rates, the devaluation of the dollar at the printing press...all types of things that go AGAINST the free market. This video demonstrates that you are well spoken, but you can well spoken and still be fundamentally wrong in what you are saying.
Id rather vote for someone that is good and that has bad plan(from you're point of view)
Then someone thats bad and that pretend he has plan.
Look at obama by exemple, wait you guys troop are still in afghanistan lol nvm.
Oh and global market is bad because at the end we are not the one at the bottom of this line, the poor people that live in shit condition of life in these poor country that are under paid so that the big company make money out of them
Ron Paul doesnt advocate for the market to be totally unregulated he advocates for the regulators not to be bureaucrats but yet independent agencies like the Better Business Bureau
This may be the last opportunity for America to reverse this track of destruction we are on – and a chance to rebuild a system of governance that understands its true role, to protect our freedoms and support the right to private property and the accumulation of wealth. Liberties well understood by those who architected American's Constitution and the Bill of Rights. RON PAUL 2012 <3333
@FreedomFinder Ever notice how it's always "the last opportunity", every time? Empires rely on long-term thinking to survive, by the time you start hearing things like "this is our last chance" it's already too late.
@neotoy Nothing is perfect, and to have a perfectly free market is impossible. There are still going to be somebody that works harder and naturally smarter that takes advantage of a free market (I agree). Of course the system is still based on greed of individuals. Companies will be prosperous because of the product they sell and keen business operations, and not because they lobby the government for market share. Only the best product will be sold, and bad products will be eliminated.
@neotoy Please explain. Government's are more prone to failure than markets. Basic public choice theory shows that. To assume that the government always acts benevolent would require extraordinary evidence. Just looking at its massive debt spending, unnecessary war spending, a failing war on drugs and failing public schools demonstrates the failure of the government.
Your arguments are weak and unfounded. Free markets do serve the people when they are not controlled. If you control a free market, then it is not free. Are you talking about a moral standpoint? Yes free markets can exploit certain groups in a population and their is some responsibility in being free, but who will control the market, the Government, look how they have fucked things up so far. Remember education will also be free and this helps regulate a market. You are totally wrong.
@neotoy So you think I didn't understand what you are saying. I did understand and don't agree with you, I think you are wrong. I used to think regulation was a good idea, but regulation is never for the benefit of the people, it reserves the interest of the few, unfortunately.
@whipitinman Economics a mature subject? LOL! More like a bunch of goddamn babies kicking sand in each other's faces and squabbling over who gets to screw the pooch. Sorry if it offends your sensibilities but using explicatives is part of my vitriolic style. Listen don't listen, it's up to you.
Free markets are unconscious? What are you going on about? Free markets are everyone working voluntarily for mutual benefit. Regulated markets are dictated by a few people who think magic equations should run other people's lives.
@god0fgod Yes the like to dislike ratio is right in line with high vs. low IQ per capita. I suppose I'd have more "likes" if the average viewer was actually intelligent enough to understand the argument. Luckily likes don't mean shit since I'm only interested in views, which are actually slowly increasing over time. In other words, in regards to the metaphor upon which the thesis is based, business is booming. Thanks for playing... next!
@neotoy Most of the population of the developed world don't actually believe in free markets. People who believe in free markets are usually free-thinkers who are the minority.
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@neotoy he didn't like so he didin't purchase, fail example much ? ... and we type down history for many reasons, one is for learning and not repeating our mistakes, how stupid are we to play god in the market again after so many precedents.
@neotoy atm fed reserve is playing god in the markets.
A solution would be keeping the system and imposing regulations on central banks ? because you strongly believe free markets won't work ... yet human intervention in tweaking them brought nothing good up to now, i hope you see the lousy job fed is doing.
@nojoso Agreed. Therefore, in the free market, you would be out of business due to your provocative title. You lied to your customers, and that pisses people off and therefore would stop buying your "video"
Hmm, I think your argument is based on a lot of assumptions. We are not mindless cogs in a "free market machine", we are active participants. A free market is not something that can be unfairly manipulated because if we had true free market capitalism (I am under no illusions, we do not have true free markets in America) , there would be no way to unfairly manipulate the system because we all have the ability to manipulate it in the way you described. There are no laws against becoming rich.
I'm interested to see your other videos, to know where you agree with Ron, I was under the impression the free market was the reasoning behind all his decisions, even if I agree with many of his conclusions. Theory only works as far as it applies to reality. Your disclaimer didn't work to stop the thumbs down sadly. The market, shaped by the right set of laws and regulations, could work IMO, but we need to see what works IRL and apply those laws, not what our theory says is right :/
The rules of any market are set up by the currency and laws of transaction.
I'd say markets only require humans to have desires and scarce goods, however if it excludes violence (in the regulated form of the laws governing what can and can't be done in a market) its bound to fail describing the world. The environment of laws provide the rules the game is played by, the situation in which our self interested actions play out. Other flaws but ignoring violence is probably the biggest one IMO
right on dude, i'm ashamed that i almost disliked your vid on principle lol but I too support a resource based economy. STILL, i feel like it would be a great win for the future if ron paul were elected pres for 2012. cheers mate!
Agreed.The economy should work for the people. Not the way it does now, people working to build the economy. I think what you are referring to is called a resource based economy? I heard something about it the other day...
@dadada72 You're talking about 'The Venus Project', I proposed a similar idea several years ago - an economy based on ecological equity. I think it's a superior idea, but a resource based economy might be more practical in transition from a fiat or debt based economy to one based on renewal. Look up "rewealth" if you're interested, there is more money in ecological restoration than in all other markets combined.
Free markets are what have produced so much wealth in America today... we have had the freest economy and have unquestionably generated the most wealth with the capitalist system.
People go on and on complaining about how rich some people get with free market capitalism. But these rich people invest their fortunes back into the economy, hire workers, pay for huge landscaping projects on their estate, and so on.
The wealth of the rich helps keep certain trades and industries afloat.
@bobshenix Free markets have also raped the world's ecosystem practically to death. Personally I don't care much about so-called "rich people", they are nothing special. Nice try advocating the "trickle down" style economic model though, although all that's trickling down from above is an endless deluge of bullshit.
Planned economies do not work, look at Cuba and USSR.... spreading the wealth is just a sham for letting the government steal wealth from the people. Power ALWAYS corrupts (as we know through history) and the large pool of funds created by high taxation, coupled with the private interests corrupting Washington, make it easy to end up in a situation where the people have no power to change the direction the government is heading....
@bobshenix It's not a "planned" economy, natural resources produced by the ecosystem are the true source of global wealth, they are also finite, once those production systems fail there is no bailout coming from mother nature. I've never been in favor of communist or socialist style economic models, but just for the record capitalism is no less corrupt. You can't ignore that. All I've said repeatedly is that none of these models are really working..
OK lets raise taxes and regulate more on top of everything else of the free market.. The free market of Small business has been regulated into shit,so there ,your WRONG
Hummm. Some good points, but I think people should create a business, then the business should fail. Failure is an opportunity for progression and that is the point of Ron Pauls message and fight. As I am very sure you already understand, he makes it very clear that our addiction to government is an improper relationship. We have never , or atleast for a prolonged time, lived in a true "free market" in terms of limited government intervention. congress=sound money, thats what we need. dollar=gol
The problem with your argument is that when you say Ron Paul advocates a free market you take that to mean a market with no laws whatsoever. Ron Paul doesn't advocate a market devoid of any laws. Obviously we need laws that stop people from lying, cheating, and stealing from one another. What we don't need in a free market is the government micromanaging the markets through bailouts, subsidies and regulation which favor one business over another or one product over another.
@jubeikiba6 Strange, econ 101 has been taught for decades and yet the free market still hasn't been realized, I wonder why that is? Maybe you need to take a reality class before leaving another trite comment?
@neotoy well you sure talk a lot in this video for what amounts to a lot of contradictory statements and fluff about the free market that you have spun to fit your own purposes. Some of the statements are relative, and yet contradictory at the same time. All I can say is I don't know how to respond to something so uninformed and devoid of a sense of reality on the topic of how free markets work. Maybe YOU should go and take a "reality class" as well as econ 101.
@jubeikiba6 Talking about the "free market" as if it could magically rationalize the economy is just as abstract and contradictory as anything I've said in this video.
As I explained very clearly. People are conscious, therefore they will inevitably subvert any form of self-regulation the free market could produce. The strongest members will invariably manipulate the market until it reaches a state current to what we have today. This is true now and forever.
@neotoy okay i cannot possibly comprehend some random theory that arises from your brain without the use of some sort of case study or example behind it. you are like a reporter who does a special where he sits there and talks at the audience for a half an hour. The only manipulating that happens nowadays is when government steps in when a bad business is about to fall and throws unbacked money at them saying to the public, "oh, well they where to big to fail."
@jubeikiba6 Well you're actually using the perfect example right there aren't you. The banking bailout was one of the reasons I made this video. You say "or they go bankrupt permanently" but that's really just wishful thinking isn't it. My theory is proven again and again every day as sociopathic businesses continue to screw the consumer. It's your model that needs a case study for support. In reality it's only the small businesses that suffer from an arbitrary & unjust free market "democracy".
@neotoy you act as if businesses sit and wait for judgement to be passed. and when they are self-regulated as you say they just change the rules. NO, companies constantly innovate to please the consumer. the free market self regulates because it is the most democratic system in the world. I vote every time i buy anything or choose not to buy something. it happens 10 times a day. business which as you say are the strongest individuals cannot subvert the consumer or they go bankrupt permanently.
@jubeikiba6 Furthermore you're missing the most important thing. There is more to a healthy democracy than just businesses and consumers. You say it's the most democratic system in the world, but it is yet another perfect example of how flawed the free market really is. It is like a democracy without an unbiased media, which is nothing more than a fascism. Where are the checks and balances? As long as people are ignorant about the supply chain they don't exist. Made in China?
@neotoy you're right though we haven't yet realized a true free market except maybe in hong kong(certainly not in the US), but the only entity we can thank for that is the government. No one is there to catch bad businesses who don't respond to consumers when the government stays out of the way. Or rather they actually abide by the constitution and stay where they were originally intended. So therefore Ron Paul is not wrong.
@13AJJONES You might want to check your caps-lock, seems to be stuck!
Most people are far too conservative when it comes to their definition of consciousness. You could hardly call the behavior of modern consumers "conscious".
It seems like you're arguing against the ethics of the free market, rather than the efficiency (except for you're statement about being voluntary in a free market) Praxeology identifies and addresses this problem. Also, Ron Paul supports property rights, which would keep businesses regulated from trampling positive law. Most free marketers just don't want to manage trade, because that supports corporatism. As for the "in reality statement," look at hong kong and singapore as examples
@tyroan Insulting someone isn't a point. Smart people prove their intelligence with logical arguments, hecklers throw out potshots from the sidelines.
@MrKrismor There's alternatives to government (as we know it). Tribal is one, commonwealth is another. You really need to think outside the box if you're ever going to get beyond the paradox you're trapped in. Government is like cancer, once you start along that path you will never reach the free market.
have you ever thought that just maybe part of the parents' job is to educate their kids about such things? you know, these arguments you're making have no affect on whether or not to support the free market, because the only alternative is the coerced market, the lack of freedom, and in turn the lack of liberty and justice for all. I would gladly put up with having to teach my kids about the market and about companies that do stuff like that in exchange for living in a free society.
@MrKrismor "the only alternative is the coerced market" I disagree. There are many alternatives. But it's more important to recognize that the two competing models are both inadequate.
Education is of course essential, but it's not a universal religion, there will still be people who purposefully don't follow FM ideology, who instead game it and incidentally ruin it for all the true believers.
Any economic system that can't deal effectively with those subversive elements is going to fail.
ron paul is the only hope for usa...
davycrocketful 3 weeks ago in playlist More videos from neotoy
If you're going to use a misleading video title as an anecdotal example of tricks or social engineering as you have just claimed, then it's no small fuck-up when your video is NOT misleading, and the title is in fact what's within.
That said, markets do not need a conscience, never have. Simple concept of resources, human needs, desires, and trade. I suggest you try reading about economics instead of exposing your naivete via unsophisticated philosophy.
stinkypoon 1 month ago
@stinkypoon And I suggest you educate yourself about the 'tragedy of the commons' and how it is destroying everything the pseudo-free market relies upon.
neotoy 1 month ago
@neotoy Thank you, but I'm familiar. Modern intervention on S-D/prices begins w/ MPP-wonks who extrapolate (from parables like it) to promote arbitrary "solutions". They blame the market for the inevitable disasters, and offer more solutions. Not always the case, but often enough to dismiss your arguments outright. Look at the tax credits for home buyers, tax deductions, shortages in medicine, college tuition, gas lines, military strategic blunders, and somewhat in the housing bubble.
stinkypoon 1 month ago
you are wrong about free market capitolism, but im not wasting my time on you. will just say for the record that i tried to listen to this pathetic attempt but just could not. didnt make it past 2 min mark. you got my thumbs down but you have my vote and apparently almost every poster for Ron Paul. Suck it up and know change is a commin!!
scottf78 1 month ago in playlist More videos from neotoy
Views do not represent sales. Votes do, and you get a thumbs down on my vote.
bsexpose 1 month ago
He's a fucking wacko you fucking wacko!
101jbrjaw 1 month ago
Ron Paul's plan to fix the economy? The states should handle it & do nothing.
Bronzecop 2 months ago
Perfect information is one of the underpinnings of the free market. If people had perfect information, we would see a markedly different world around us. Sadly most people couldn't care less about economics, politics, or humanity. I applaud anyone who thinks about these things, even if I disagree with them; intellectual discourse is far better than mindless posturing.
squarecracker 2 months ago
The fact is - all economic theories are underpinned by class interest - what's good for the rich isn't good for the poor and vice-a-versa. But of course both sides will pretend its a win win situation. However, has it now seems , for the first time in history, the haves outnumber the have-nots at the ballot box - the middle class and the rich are lording it over the poor like a cat toying with the frightened little mouse. Yet, has seen recently, the poor will fight back with bricks and fire.
32peartree 3 months ago
2:09 meowww...
MegaCokamo 3 months ago
weak video...WEAK
Free markets work, socialism fails.
AroundSun 4 months ago
@AroundSun Socialism works in a free market, but you probably don't know what Socialism or the Free Market actually are
Laughingblades 3 months ago
Just have to say, what you are suggesting is an up-tight concept, simple as. The more freedom we posess as a people, the better. So what if things get screwed up, good will prevail, people will prevail and fix things...you have to take risks in life man, you can't always have mommy doing your laundry...We let our strength down when we think like this, let the strong prevail and help the weak, they will, because in a free market America the strong will be GOOD and intelligent.
vidgamer77 4 months ago
@vidgamer77 We did have more freedom once, over time it was taken away by free people. People who had the freedom to do whatever they wanted, however unlike in your scenario the good did not prevail, the strong were abusive and the intelligent were exploited then ignored. Incidentally as a side effect most of the ecological wealth of the world has been destroyed. I'd insert a poignant quote about the doomed repeating history, but I doubt you'd appreciate it. Carry on. Tabula Rasa will learn you.
yotoen 4 months ago
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I pledge allegiance to the Constitution of the United States of America.
And to the Freedom for which it stands.
One nation, free from Tyranny, with Liberty and Justice for all.
stopevil 4 months ago
also i feel as if i have to state ron paul is freemarket but he's also an austrian economist. now austrians dont really mainly focus on fixing the problem they mainy just know the likely reaction or outcome to a certain regulation or interest rateetc now knowing thispaul specializes in what would happenif you take a regulation away and whatnot i think is a fairpoint to make. if all that you said was true and he made a free market with no regulations i think he would be able to react accordingly
Conceptzer0 4 months ago
i love the amount of respect. most ron paul is wrong videos are very ignorant and just mean in general. what you said was very interesting but i had a hard time understanding quite everything you meant to imply. yes free markets do rely on the people but i dont think they have to be machines or as you described a cog in the system in order for them to function. if everything operated at 100% efficiency free market would be perfect but it isnt but no one is saying it has to be.
Conceptzer0 4 months ago
(1)Free Markets do work. Have you looked at the drug market? No government invention or regulations. The policy they have is IF, IF you get caught you go to jail. No regulations on how to produce, sell, consume or tax these illegal drugs. The drug dealers regulate everything themselves. I know your saying; "But thats not a good example, drug market is a violent way to make a living." Thats because the government made the trade a high risk and took all legal ways for these people to do business.
zackm81 4 months ago
listen to the cat at 2:10... I can't trust any man with a cat.
kable420 4 months ago
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Free market is fine, so is Ron Paul.
RON PAUL 2012
spade0o1 5 months ago
Good video. But I believe that's the beauty of free markets. The people (or cogs) decide what succeeds and what fails. And yes people can be fooled. But it isn't the government's job to protect the people. What is wrong with the people becoming educated and responsible consumers? What's wrong with independent research into what is a good purchase and what isn't?
Logicjbr 5 months ago 5
Thats cool and all except that regulation of the market causes prices to go up and quality to go down, you can see that everyday at walmart, products are getting more expensive with the inflation of the dollar but quality is going down on almost all products. When quality goes down and inflation continues to rise the consumer loses faith in the purchasing power of that dollar even more. You get worse products for more money. This eventually will lead to hyperinflation with printing of the money
corysgood88 5 months ago
cont from below: semi-free market system you will find products that do whatyou describe as "gaming the system" but usually they do not succeed because they are not bought, and follow me here, but because people didn't buy them, and thus the product fails, thus the market self-corrects. Capitalism is the only natural economic system, and it is the only one that can lead to fulfillment of liberty, because it allows, no, demands all to act as free individuals.
FreakingObvious 5 months ago
@FreakingObvious Comment limit is a bitch right? A couple facts: 1. thumbs up or down doesn't effect the popularity of a video. 2. This video is getting more views now than when it was first posted. 3. Liberty is meaningless without accountability, capitalism depends on cultured ignorance and unsustainable exploitation to function; there is nothing "natural" about it aside from it occurring within the context of nature. A context that allows any conceivable experiment until it is proven to fail.
neotoy 5 months ago
@neotoy That was the vagueist video Ive ever seen. How is it unsustainable exploitation? Typically, people trade money for things they want. The buyer is no more being exploited than the seller. Your last commit describes capitalism perfectly. Things that don't work fail and things that don't work very well get better. People who cheat are dealt with by the judicial system, mostly because we don't all carry guns anymore. What exactly are your saying? Do you have a another solution?
tadaa11 2 months ago
@tadaa11 Yeah I do have a solution: watch?v=Ok0QfrfMo1s
neotoy 2 months ago
@neotoy Check out this video, i think it might give you some insight.. watch?v=5K4Os5eXPw4&NR=1&feature=endscreen
tadaa11 2 months ago
@neotoy Here is another one on how our standard of living is changed.
watch?v=m-LJ3wZjD4I&feature=player_embedded
tadaa11 2 months ago
cont from below: it gets a lot of negative ratings, this leads to the video not being viewed, market self-correction. Your point about "gaming the system" is also false. Yes, you "gamed" me into watching this video, but I also gave you a thumbs down, in other words showing my distaste, and this may or may not lead to the next person not watching, because it has a lot of negative views. In other words, you did not game the system, but you made a decision a lot of products make, even in our
FreakingObvious 5 months ago
You show a basic lack of understanding about free market capitalism. 1) Markets do not fail if you do not participate in them, the fact that you are participating in it is the cause of the market itself, if people stop participating, people stop selling, meaning that markets are not "artificial" but purely "organic", if you will. They self-regulate in an attempt to keep people participating, for instance, an unnamed youtube user makes a crappy video with a provocative title, Soon though,
FreakingObvious 5 months ago
Comment removed
Mark4RonPaul 5 months ago
"Free markets have no defense against trickery." Really? Word of mouth that spreads from trickery isn't a defense? 3rd party testing like Consumer Reports isn't a defense? Competition isn't a defense?
The only thing that can realistically be used to stifle free market defense mechanisms is government intervention, and it's almost always used to stifle competition.
You should spend some time studying Austrian Economics. I promise you'll enjoy it. Very intellectually stimulating.
Mark4RonPaul 5 months ago
i wasn't "tricked" by your title, i came to this video to hear your reason for saying he is wrong.
i hope you aren't letting that one reason keep you from supporting him though. because as you said, he is right 99% of the time. even though i disagree with his pro-life stance, he is pro-life for the right reasons. not religious ones.
to me, his morals carry more weight than any "inexperience" ever could, and those morals outweigh that of all the other candidates' combined.
ron paul 2012
DuffMan6I7 5 months ago
Good point, you should also watch Zeitgeist Adenddum, if you havent already.
It goes further to explain how the monetary system just dosent work.
Ron Paul 2012 AWWWWWWW YEEEA!!
Willaras 5 months ago
@Willaras > Zeitgeist Addendum already watched it, even did a review: veTMGOS4y5M
neotoy 5 months ago
You are an idiot. Have you ever heard of the good ole boy system? All the money was in the South and jealous Yankee carpetbaggers couldn't stand it. So Abe Lincoln stop the Constitution to ratify laws and attack the wealthy in the South. You say free enterprise can't work? The good ole boy system still applies in southern Florida so you are full of shit.
myjuicemike 5 months ago
I think the title is attention getting,
that should tell you much about yourself...
Go & be productive at something that is your own,
not blather about a greater man than yourself.
MedicalStorage 5 months ago
Your thesis is flawed. People respond to incentives and pay attention to choices at a level that is appropriate to the consequences involved. There is no incentive to look past your video title and there are no significant consequences involved in downvoting the video. You cannot use youtube votes as an analogy to economic decisions because the two do not carry the same psychological significance. If your video had personal consequences, people would pay attention, but it doesn't so they don't.
bengrabow 5 months ago
ron paul doesn't understand economics at all. He hates regulation and wants to go back to the wild west snake oil days.
TheJamesvanmiert 5 months ago
This has been flagged as spam show
RON PAUL, WE ARE STILL WAITING FOR AN ANSWER! TELL AMERICAN PEOPLE HOW EXACTLY RU GOING TO CREATE JOBS? OK LETS SAY ALL TROOPS CAME BACK AND THEN WHAT? THEY ARE GOING TO SELL IPHONES AND BLACKBERRIES? DUDE BE A MEN, HOW RU GOING TO CREATE JOBS? POPULATION OF CHINA IS 1.4 B CHINESE WORK LIKE ROBOTS, BE HONEST TELL AMERICAN PEOPLE TO BUY UR BOOK U NEED CASH , U LOVE POWER, U LOVE CASH, U WILL NEVER CREATE JOBS, U HAVE NO ANSWER!
democratsaresmart 5 months ago
He wouldnt change everything overnight. he said its a gradual change. We need to go back to the constitution. VOTE RON
dhartmiester 6 months ago
i couldn't separate your words due to the monotonous texture... seems to me, this is a cry for attention with absolutely no real substance...
zakquack 6 months ago
@zakquack nice cop out :/ There's a full transcript in the description box for the comprehension challenged.
neotoy 6 months ago
@neotoy o cool... That'll make it a lot easier... I was interested to find the content of your video... If youre as smart as you so desperately want the internet to believe you to be, why haven't you done any research on public speaking? I reccomend, "how to win friends and influence people" by dale Carnegie. I'll get back to you when I've properly digested the content of you message (assuming there is some).
zakquack 6 months ago
@neotoy hmm well thats actually pretty neat.. But i believe i was right.. This is a pretty hollow video... My inability to follow along with your reading is not evidence of my lack of comprehension skills.. Moreso, it is telling of how lusterless your delivery is.. Absolutely passionless, bland, and ineffectual. You have to captivate your audience. Make a statement! I appreciate your little social experiment, as i understand it to be after reading it..
zakquack 6 months ago
I hope you dont take this critique too personally or too harshly.. I try to make a meaningful contribution by pointing out ways you (and others) can make a more meaningful contribution.
zakquack 6 months ago
@zakquack As long as people are civil and constructive, that is my main concern when it comes to comments. Thanks for responding with a little more depth this time.
neotoy 6 months ago
Normal people (working class people) suport Ron Paul?
You know what, just vote for Ron paul. I dont give a shit about america anymore. Your population is dumb. Norway and Sweden have had social democrasy FOR YEARS and been in the lead of ""Best Countries to live in""" (well sweden is Nr 6).
But no, no one cares about that. No one can see the correlation. So next year, just vote Ron Paul. I hope america ends up as a shit hole so people see the irony of Ron Paul. VOTE RON PAUL.
gulbirk 6 months ago
You basically made Ron Paul's point. You just don't know it because you think the current market is free. "hyper conscious" would mean everybody has a say and visibility in the markets. That's what he wants too. The government forces people to be unconscious cogs in this system by taking their voice from them and subsidizing corporations, taking their control and giving it to small, secretive groups of bankers and industrialists.
whitelitning75 6 months ago
Some good ideas, however I disagree with your theory. Your viewpoint is based off your perception of a system that has never been "free" because it has always been manipulated and regulated.
I do not contend that a free market system would have no ups and downs, nor that it could not be manipulated. Fluctuations will happen, but as long as the market remains free, it will always return to a standard that can be accepted by the players who lost, therefore preventing total loss syndrome.
hbw1010 6 months ago
"ron paul"
ToxinalX 6 months ago
ur one dumb bitch
RON PAUL 2012
JJWiemer1 6 months ago
@JJWiemer1 And yet assholes like you make me look like a genius. Go figure.
neotoy 6 months ago
He speaks slowly and clearly he must be correct! BTW poster you are not a victim. Evolutionism is the root of all evil. Dogs alwasy make dogs. I know this fact is frightening to you but you will learn one day. Ron Paul 2012!
failderhorn 6 months ago
no illoked because it was in my suggestions lol
tonyteb 6 months ago
Yes I Agree that free market is not a perfect system, but the Goal is freedom and liberty.
Ron Paul is the ingredient needed for this country AT THIS TIME. If you know someone better PLEASE LET ME KNOW.
but for now RON PAUL 2012!!
RFInterests 7 months ago
Youtube is very similar to a manipulated market and currency, hiding the costs of goods, and reality of consumption. If I had to pay per click I would have done due diligence before watching. You forget the constant, that is reality. The constant that is cause and effect exists and gov can help people ignore the cost of actions, or get out of the way of its blinding and binding light. The sunglasses that block reality of consumption can not be worn forever.
d1sinfo 7 months ago
Lastly, to state "...cite the current market crisis as evidence against this assumption" implies that we currently operate in a free market. This is simply not the case. On the whole, I have to respectfully disagree with you thesis, as it appears to me to be based off incorrect assumptions.
MrRokaroo 7 months ago
Sir, I think you have some basic assumptions wrong. First, the market is not 'unconscious' as you state - money is the vehicle in which information (consciousness) is transmitted. Second, free market theory assumes that each individual participates in the market in service of his own self-interest. These are the unspoken rules that we all play by, knowingly or not. Third, I was not tricked by the title - you said R.P was wrong and made your case; like the title suggested. Wheres the trick?
MrRokaroo 7 months ago
capitalistic free market is artificial? u lost me their...and if u dont believe in free market you DONT believe in "most" of what ron paul says.
michaeljon954 7 months ago
I listened and appreciate the ethic of respect demonstrated in your tone. We should all strive to to engage in debate with this value. Ron Paul has my support because the critical core principles and values he demonstrates in his actions are the same as mine. Yours too it sounds like.
NetworkENG 7 months ago
@NetworkENG Thanks for the nice comment, I appreciate it.
neotoy 7 months ago
Nonsense. Our system is cronyism, not capitalism. If we actually had a REAL free market, you would see that Ron Paul is absolutely right about how we should run our economy. This man is the only candidate that stands consistantly on the side of liberty for every man. If Americans want their freedom back, they should support and vote for Ron Paul in 2012.
Nakor420ish 7 months ago
IOW: irreverent opportunists gaming the system are in fact the very reason laissez-faire works. The 'rules' you speak of are not rules in the way you portray them. That is the chief source of your misunderstanding. They are not perfect little rules that force people to act as good little capitalists. They do not regulate people at all. It is people that regulate markets via voluntary actions. You accept the Keynesian premise that any 'rule' requires some(one/thing) forcing some(one/thing) else.
SakaScotii 8 months ago
According to you, all I have to do is stop participating. I did, by watching only to about 3:00. This, coupled with your youtube-market comparison is enough to debunk your thesis, which is supported by one claim: for every free market believer, there is an irreverent opportunist who game the system. The problem is that they are ONE AND THE SAME! Only a naive person such as yourself would make a distinction between an opportunist and an...opportunist.
SakaScotii 8 months ago
Those irreverent opportunists of which you speak are robbed of their influence by active participation by the rest of the people in the market. People will not voluntarily accept manipulation that favors some and harms most others. However, government policy forces such manipulation on the people. Most lose buying power and competitive spirit while those powerful enough to influence government policy reap the benefits of such a corrupt and unfair system. Corporatism is facism, not capitalism.
bassawash1 8 months ago
@bassawash1 NEOTOY=Troll. He forgets to mention that 99% of Ron Paul beliefs about how government should work are in fact contingent upon that 1% of his beliefs that are Free Markets. When NEOTOY claims to agree with Paul 99% apart from the free market thing, he is disingenuous (a nice word for dishonest). If his points were correct, then there is no reason why the entirety of the market should not be planned. If Freedom necessitates crooked business, why not abolish all voluntary transactions?
SakaScotii 8 months ago
Yes I think all the dislikes on this vid show a conscious free market at work.
jmagrude 8 months ago
Ron Paul would tear you apart in a debate :)
ptobabcock 8 months ago
Ron Paul is wrong about Free Market Capitalism? What he means is without the FED involved and without the IRS involved, the Free Market will work. You sir, who I respect for your respect for someone who has probably studied market economics for over 35 years vs. your experience, should maybe trust the bulk of his character and let him install sound money with the two rogue manipulators involved removed and watch what it can do. See : American economy 1890-1912....Good day!
cjrimmer71 8 months ago
This seems to attracts even more attention to Ron, Thank you. All positive attention despite your intention :I
Resoses 8 months ago
U FUCKING ASSHOLE FUCK U
hottybutsexxy 8 months ago
Interesting opinion.
CRITIKCK 8 months ago
Ron Paul predicted there being an economic collapse due to such things as the excessive spending by the fed, the manipulation of interest rates, the devaluation of the dollar at the printing press...all types of things that go AGAINST the free market. This video demonstrates that you are well spoken, but you can well spoken and still be fundamentally wrong in what you are saying.
bret14jb 8 months ago
your not stupid you are ignorant
yup5220 8 months ago
And even if he is wrong
Id rather vote for someone that is good and that has bad plan(from you're point of view)
Then someone thats bad and that pretend he has plan.
Look at obama by exemple, wait you guys troop are still in afghanistan lol nvm.
Oh and global market is bad because at the end we are not the one at the bottom of this line, the poor people that live in shit condition of life in these poor country that are under paid so that the big company make money out of them
Thats what it.
QCBEC 8 months ago
Total ignorance of free markets and what Paul is about.
cieslinskimw 9 months ago
Ron Paul doesnt advocate for the market to be totally unregulated he advocates for the regulators not to be bureaucrats but yet independent agencies like the Better Business Bureau
joeyfromamerica 9 months ago
This may be the last opportunity for America to reverse this track of destruction we are on – and a chance to rebuild a system of governance that understands its true role, to protect our freedoms and support the right to private property and the accumulation of wealth. Liberties well understood by those who architected American's Constitution and the Bill of Rights. RON PAUL 2012 <3333
FreedomFinder 9 months ago 11
@FreedomFinder Ever notice how it's always "the last opportunity", every time? Empires rely on long-term thinking to survive, by the time you start hearing things like "this is our last chance" it's already too late.
neotoy 9 months ago
@neotoy - Its just a good saying to get people to Vote and take action for something very good for us.
FreedomFinder 9 months ago
@neotoy Nothing is perfect, and to have a perfectly free market is impossible. There are still going to be somebody that works harder and naturally smarter that takes advantage of a free market (I agree). Of course the system is still based on greed of individuals. Companies will be prosperous because of the product they sell and keen business operations, and not because they lobby the government for market share. Only the best product will be sold, and bad products will be eliminated.
MrKoure 9 months ago
You are wrong. You are business retarded.
LibertariansUnited 9 months ago
@LibertariansUnited Another happy customer.
neotoy 9 months ago
Fatal fail bro, fatal fail...
drshlotzkin 9 months ago
you use proper language, but some of your ideas and analogies are wrong or incomplete.
FenixLites 9 months ago
wait?! So instead of the free market, let the government controlled by special intersst groups control it. Got it!
TheSuperImmortalKing 9 months ago
@TheSuperImmortalKing You are even more wrong than Ron Paul.
neotoy 9 months ago
@neotoy Please explain. Government's are more prone to failure than markets. Basic public choice theory shows that. To assume that the government always acts benevolent would require extraordinary evidence. Just looking at its massive debt spending, unnecessary war spending, a failing war on drugs and failing public schools demonstrates the failure of the government.
TheSuperImmortalKing 9 months ago
Your arguments are weak and unfounded. Free markets do serve the people when they are not controlled. If you control a free market, then it is not free. Are you talking about a moral standpoint? Yes free markets can exploit certain groups in a population and their is some responsibility in being free, but who will control the market, the Government, look how they have fucked things up so far. Remember education will also be free and this helps regulate a market. You are totally wrong.
nikolayzou 9 months ago
@nikolayzou Boilerplate response. Another bro who didn't read the other comments.
neotoy 9 months ago
@neotoy So you think I didn't understand what you are saying. I did understand and don't agree with you, I think you are wrong. I used to think regulation was a good idea, but regulation is never for the benefit of the people, it reserves the interest of the few, unfortunately.
nikolayzou 9 months ago
@whipitinman Economics a mature subject? LOL! More like a bunch of goddamn babies kicking sand in each other's faces and squabbling over who gets to screw the pooch. Sorry if it offends your sensibilities but using explicatives is part of my vitriolic style. Listen don't listen, it's up to you.
neotoy 10 months ago
kitty molestation @ 2:10
CantWeedThis 10 months ago
@CantWeedThis RXhFtk-7rTM
neotoy 9 months ago
@CantWeedThis I heard it! Good ears!
Platewarp 8 months ago
Free markets are unconscious? What are you going on about? Free markets are everyone working voluntarily for mutual benefit. Regulated markets are dictated by a few people who think magic equations should run other people's lives.
I'm glad most people have disliked your video.
god0fgod 10 months ago
@god0fgod Yes the like to dislike ratio is right in line with high vs. low IQ per capita. I suppose I'd have more "likes" if the average viewer was actually intelligent enough to understand the argument. Luckily likes don't mean shit since I'm only interested in views, which are actually slowly increasing over time. In other words, in regards to the metaphor upon which the thesis is based, business is booming. Thanks for playing... next!
neotoy 10 months ago
@neotoy Most of the population of the developed world don't actually believe in free markets. People who believe in free markets are usually free-thinkers who are the minority.
god0fgod 10 months ago
This is horseshit.
kaber810 10 months ago
UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID UR STOOPID woops...
xCohta 10 months ago
FAKE and GAY
stevewellz 10 months ago
A market is a natural system and as such does not require a Luciferian hand to dominate and control it. Mother nature cannot fail.
Nagacrunk 11 months ago
views aren't sales. "likes" are. sorry
nojoso 11 months ago 28
@nojoso What? Not happy with your purchase? Sorry, I'm not giving you your money back.
neotoy 11 months ago
@neotoy he didn't like so he didin't purchase, fail example much ? ... and we type down history for many reasons, one is for learning and not repeating our mistakes, how stupid are we to play god in the market again after so many precedents.
ovaxova 10 months ago
@ovaxova Oh the irony. Markets ARE playing god. As if one form of idiocy was somehow better than the other. lol.
neotoy 10 months ago
@neotoy atm fed reserve is playing god in the markets.
A solution would be keeping the system and imposing regulations on central banks ? because you strongly believe free markets won't work ... yet human intervention in tweaking them brought nothing good up to now, i hope you see the lousy job fed is doing.
ovaxova 10 months ago
@nojoso Agreed. Therefore, in the free market, you would be out of business due to your provocative title. You lied to your customers, and that pisses people off and therefore would stop buying your "video"
donaldaj1 7 months ago
Hmm, I think your argument is based on a lot of assumptions. We are not mindless cogs in a "free market machine", we are active participants. A free market is not something that can be unfairly manipulated because if we had true free market capitalism (I am under no illusions, we do not have true free markets in America) , there would be no way to unfairly manipulate the system because we all have the ability to manipulate it in the way you described. There are no laws against becoming rich.
OpticCarlton 11 months ago
I'm interested to see your other videos, to know where you agree with Ron, I was under the impression the free market was the reasoning behind all his decisions, even if I agree with many of his conclusions. Theory only works as far as it applies to reality. Your disclaimer didn't work to stop the thumbs down sadly. The market, shaped by the right set of laws and regulations, could work IMO, but we need to see what works IRL and apply those laws, not what our theory says is right :/
unassumption 11 months ago
The rules of any market are set up by the currency and laws of transaction.
I'd say markets only require humans to have desires and scarce goods, however if it excludes violence (in the regulated form of the laws governing what can and can't be done in a market) its bound to fail describing the world. The environment of laws provide the rules the game is played by, the situation in which our self interested actions play out. Other flaws but ignoring violence is probably the biggest one IMO
unassumption 11 months ago
Comment removed
yaboybigh 1 year ago
Ron Paul for President 2012!
CantWeedThis 1 year ago 37
@CantWeedThis Everyone vote this up.
god0fgod 10 months ago
right on dude, i'm ashamed that i almost disliked your vid on principle lol but I too support a resource based economy. STILL, i feel like it would be a great win for the future if ron paul were elected pres for 2012. cheers mate!
wizzallace 1 year ago
You might be the dumbest person on youtube
Sighlix 1 year ago 2
Agreed.The economy should work for the people. Not the way it does now, people working to build the economy. I think what you are referring to is called a resource based economy? I heard something about it the other day...
dadada72 1 year ago
@dadada72 You're talking about 'The Venus Project', I proposed a similar idea several years ago - an economy based on ecological equity. I think it's a superior idea, but a resource based economy might be more practical in transition from a fiat or debt based economy to one based on renewal. Look up "rewealth" if you're interested, there is more money in ecological restoration than in all other markets combined.
neotoy 1 year ago
@neotoy
Free markets are what have produced so much wealth in America today... we have had the freest economy and have unquestionably generated the most wealth with the capitalist system.
People go on and on complaining about how rich some people get with free market capitalism. But these rich people invest their fortunes back into the economy, hire workers, pay for huge landscaping projects on their estate, and so on.
The wealth of the rich helps keep certain trades and industries afloat.
bobshenix 1 year ago
@bobshenix Free markets have also raped the world's ecosystem practically to death. Personally I don't care much about so-called "rich people", they are nothing special. Nice try advocating the "trickle down" style economic model though, although all that's trickling down from above is an endless deluge of bullshit.
neotoy 1 year ago
Planned economies do not work, look at Cuba and USSR.... spreading the wealth is just a sham for letting the government steal wealth from the people. Power ALWAYS corrupts (as we know through history) and the large pool of funds created by high taxation, coupled with the private interests corrupting Washington, make it easy to end up in a situation where the people have no power to change the direction the government is heading....
Ron Paul 2012
bobshenix 1 year ago
@bobshenix It's not a "planned" economy, natural resources produced by the ecosystem are the true source of global wealth, they are also finite, once those production systems fail there is no bailout coming from mother nature. I've never been in favor of communist or socialist style economic models, but just for the record capitalism is no less corrupt. You can't ignore that. All I've said repeatedly is that none of these models are really working..
neotoy 1 year ago
@neotoy How is capitalism no less corrupt than socialism or capitalism?
alexamasan 11 months ago
@neotoy How is capitalism no less corrupt than socialism or communism?
alexamasan 11 months ago
Ron Paul can't be wrong.
Sanksion 1 year ago
@Sanksion A few Ron Paul "facts":
Ron Paul doesn't have a left hand or foot. They are both always right.
Ron Paul invented the chicken and the egg at the same time to prove Charles Darwin wrong.
Wrong MC Hammer; Ron Paul CAN touch this.
;)
neotoy 1 year ago
@neotoy And the last time Chuck Norris and Ron Paul disagreed on a topic, the space time continuum was destroyed and the big bang occured.
Sanksion 1 year ago
slap yourself
jesus4796 1 year ago
@jesus4796 New research builds support my thesis every day, while wastrels like you have nothing to say.
neotoy 1 year ago
OK lets raise taxes and regulate more on top of everything else of the free market.. The free market of Small business has been regulated into shit,so there ,your WRONG
CrashMarket 1 year ago
@CrashMarket You don't know the difference between "your" and "you're", so you're probably better off not lecturing me on economics.
neotoy 1 year ago
@neotoy YOU ARE WRONG
CrashMarket 1 year ago
Hummm. Some good points, but I think people should create a business, then the business should fail. Failure is an opportunity for progression and that is the point of Ron Pauls message and fight. As I am very sure you already understand, he makes it very clear that our addiction to government is an improper relationship. We have never , or atleast for a prolonged time, lived in a true "free market" in terms of limited government intervention. congress=sound money, thats what we need. dollar=gol
MrJacope85 1 year ago
This has been flagged as spam show
haha you must be a genius or something
kenteles 1 year ago
The problem with your argument is that when you say Ron Paul advocates a free market you take that to mean a market with no laws whatsoever. Ron Paul doesn't advocate a market devoid of any laws. Obviously we need laws that stop people from lying, cheating, and stealing from one another. What we don't need in a free market is the government micromanaging the markets through bailouts, subsidies and regulation which favor one business over another or one product over another.
762foru 1 year ago
The reason I think the free market is good is that the reasons for it being good can be explained simply succinctly with no flaws in reasoning.
To try and explain why it is bad you had to use random jargon like "hyperconscious" etc and facetious arguments.
That is all.
Pachangs 1 year ago
I just saw a video called "Milton Friedman Puts A Young Michael Moore In His Place" I think you need to wach it.
TravistheHuman 1 year ago
@TravistheHuman Replying to my OC with someone else's rhetoric. How brave of you!
neotoy 1 year ago
@neotoy It has nothing to do with bravery. I just belive it.
TravistheHuman 1 year ago
take an econ class then try again.
jubeikiba6 1 year ago
@jubeikiba6 Strange, econ 101 has been taught for decades and yet the free market still hasn't been realized, I wonder why that is? Maybe you need to take a reality class before leaving another trite comment?
neotoy 1 year ago
@neotoy well you sure talk a lot in this video for what amounts to a lot of contradictory statements and fluff about the free market that you have spun to fit your own purposes. Some of the statements are relative, and yet contradictory at the same time. All I can say is I don't know how to respond to something so uninformed and devoid of a sense of reality on the topic of how free markets work. Maybe YOU should go and take a "reality class" as well as econ 101.
jubeikiba6 1 year ago
@jubeikiba6 Talking about the "free market" as if it could magically rationalize the economy is just as abstract and contradictory as anything I've said in this video.
As I explained very clearly. People are conscious, therefore they will inevitably subvert any form of self-regulation the free market could produce. The strongest members will invariably manipulate the market until it reaches a state current to what we have today. This is true now and forever.
neotoy 1 year ago
@neotoy okay i cannot possibly comprehend some random theory that arises from your brain without the use of some sort of case study or example behind it. you are like a reporter who does a special where he sits there and talks at the audience for a half an hour. The only manipulating that happens nowadays is when government steps in when a bad business is about to fall and throws unbacked money at them saying to the public, "oh, well they where to big to fail."
jubeikiba6 1 year ago
@jubeikiba6 Well you're actually using the perfect example right there aren't you. The banking bailout was one of the reasons I made this video. You say "or they go bankrupt permanently" but that's really just wishful thinking isn't it. My theory is proven again and again every day as sociopathic businesses continue to screw the consumer. It's your model that needs a case study for support. In reality it's only the small businesses that suffer from an arbitrary & unjust free market "democracy".
neotoy 1 year ago
@neotoy you act as if businesses sit and wait for judgement to be passed. and when they are self-regulated as you say they just change the rules. NO, companies constantly innovate to please the consumer. the free market self regulates because it is the most democratic system in the world. I vote every time i buy anything or choose not to buy something. it happens 10 times a day. business which as you say are the strongest individuals cannot subvert the consumer or they go bankrupt permanently.
jubeikiba6 1 year ago
@jubeikiba6 Furthermore you're missing the most important thing. There is more to a healthy democracy than just businesses and consumers. You say it's the most democratic system in the world, but it is yet another perfect example of how flawed the free market really is. It is like a democracy without an unbiased media, which is nothing more than a fascism. Where are the checks and balances? As long as people are ignorant about the supply chain they don't exist. Made in China?
neotoy 1 year ago
@neotoy you're right though we haven't yet realized a true free market except maybe in hong kong(certainly not in the US), but the only entity we can thank for that is the government. No one is there to catch bad businesses who don't respond to consumers when the government stays out of the way. Or rather they actually abide by the constitution and stay where they were originally intended. So therefore Ron Paul is not wrong.
jubeikiba6 1 year ago
SPINNING DEFINITIONS TO FIT YOUR PURPOSE, WON'T WORK ON ME,...LIKE IT APPARENTLY DOES ON YOU.....GOODBYE.
13AJJONES 1 year ago
@13AJJONES LOL, at least I know how to use my keyboard!
neotoy 1 year ago
NO MARKET CAN FUNCTION SUCCESSFULY WITHOUT CONSIOUS CONSUPTION AND PRODUCTION.
OUR GOVT. IS THE PERFECT EXAMPLE OF THAT .
THEY PRODUCE NOTHING AND CONSUME INFINITELY !
WE NEED TO BE REGULATING THEM,...BY FORCING STRICT CONSTITUTIONAL REGULATION !
SO,.....YOUR TOTALLY WRONG, ABOUT WHAT HE IS WRONG ABOUT.
THE FREE MARKET ARGUEMENT IS HIS STRONGEST, AND MOST OBVIOUS ONE !
13AJJONES 1 year ago
@13AJJONES You might want to check your caps-lock, seems to be stuck!
Most people are far too conservative when it comes to their definition of consciousness. You could hardly call the behavior of modern consumers "conscious".
neotoy 1 year ago
@neotoy AS YOU POMPOUSLY TRY TO TELL ME HOW I NEED TO TYPE ! YA JACKASS !
13AJJONES 1 year ago
Interesting theory though
FourOnSix713 1 year ago
It seems like you're arguing against the ethics of the free market, rather than the efficiency (except for you're statement about being voluntary in a free market) Praxeology identifies and addresses this problem. Also, Ron Paul supports property rights, which would keep businesses regulated from trampling positive law. Most free marketers just don't want to manage trade, because that supports corporatism. As for the "in reality statement," look at hong kong and singapore as examples
FourOnSix713 1 year ago
You're not very smart... Are you?
tyroan 1 year ago
@tyroan Say something constructive or get the fuck out.
neotoy 1 year ago 2
@neotoy - That was kind of MY point.
Don't worry... I'll see myself out...
tyroan 1 year ago
@tyroan Insulting someone isn't a point. Smart people prove their intelligence with logical arguments, hecklers throw out potshots from the sidelines.
neotoy 1 year ago
the point is, either a market is free or it is coerced, and both cannot exist simultaneously since A is A...
MrKrismor 1 year ago
how is there any alternative? anything the government "provides" is coerced...
MrKrismor 1 year ago
@MrKrismor There's alternatives to government (as we know it). Tribal is one, commonwealth is another. You really need to think outside the box if you're ever going to get beyond the paradox you're trapped in. Government is like cancer, once you start along that path you will never reach the free market.
neotoy 1 year ago
have you ever thought that just maybe part of the parents' job is to educate their kids about such things? you know, these arguments you're making have no affect on whether or not to support the free market, because the only alternative is the coerced market, the lack of freedom, and in turn the lack of liberty and justice for all. I would gladly put up with having to teach my kids about the market and about companies that do stuff like that in exchange for living in a free society.
MrKrismor 1 year ago
@MrKrismor "the only alternative is the coerced market" I disagree. There are many alternatives. But it's more important to recognize that the two competing models are both inadequate.
Education is of course essential, but it's not a universal religion, there will still be people who purposefully don't follow FM ideology, who instead game it and incidentally ruin it for all the true believers.
Any economic system that can't deal effectively with those subversive elements is going to fail.
neotoy 1 year ago