Fair Economics: channel introduction video

[edgewayround]

This is the way it is in the U.K Gary ........ What do you think? I think it's a step in the right direction.

hmrc.gov.uk/inheritancetax/int­ro/basics.htm

[MJRockX]

WTF



[DonQuixotedeKaw]

Well I'll be a son of a bitch!

I always suspected that we agreed on this subject, even if not on very many others.

Now I'm really annoyed that I havn't found this channel til now.

I wonder how you may have deviated/evolved from this initial position.

I'll attempt to not cheat, and bump ahead too much.

Finally, something you and I can talk productively about!

[Yuisc]

Gary has surprisingly acute foresight and moral judgment. I lack how uncorrupt he is.

[TheAzov]

Wealth is never "earned." It is always extracted from the capital, resoources, and labor of others. And by wealth is meant not mean comfortable prosperity, but inherited consolidation. As long as you're out there making videos I don't need to. :)

[ktrigg2]

you life must really suck

[sbmillionair]

i agree with you that, you shouldn't make money because you have a lot of money. I disagree about inheritance

[hitssquad]

[4:03] "the top 5% probably own 2/3rds of the value of our economy"

cia. gov/library/publications/the-w­orld-factbook/geos/us.html#Eco­n

"Household income or consumption by percentage share: highest 10%: 30% (2007 est.)"

The figure is the same for the entire world, in general:

cia. gov/library/publications/the-w­orld-factbook/geos/xx.html#Eco­n

[hitssquad]

How hard are these people working?:

images. google. com/images?imgtype=photo&q=pam­pered+dog

images. google. com/images?imgtype=photo&q=pam­pered+cat

images. google. com/images?imgtype=photo&q=pam­pered+pet

[AlexAnCapAdvocate]

I fail to see the distinction between a parent who gives his 18 year old child his old car, or a parent who helps pay for his childs college tuition..... versus a parent who leaves assets to their kids in a will (meaning inherited wealth).

Either you have the so-called RIght to do with your assets as you please, or you do not.

The child of a middle class man no more "earned" his parents car or the tuition money than does the rich kid with a trust fund or mass inherited wealth.

[glueandchem]

There is such a thing as varying context you know. I find this time and time again with ancaps, it's like you people can't figure out that being attacked with a feather is different than being attacked with a shovel because you categorize them both as 'attacks'. Unfair advantage is unfair advantage, plain and simple. Enough smoke and mirrors.

[RPFS2008]

Prohibiting inheritance is tyrannical. Enough smoke and mirrors.

There is nothing stopping you, other than coercive monopolies (created by Government) from starting up your own business or workplace and running it communally.

[glueandchem]

You haven't provided a reason why it's tyrannical in all instance. It's always this petty assumption of universal morality without explanation. It's just a cheap game ancaps play over and over again, selling this crap like used car salesmen. And how do you know for a fact that there is nothing which will stop me from starting my communal business other than a government created coercive monopoly? You have no possible way of knowing this.

[RPFS2008]

It is tyrannical in the same way as me walking up to you in the street and taking your wallet... except what you support is me going around taking everyone's wallet. And yes, the act of forcefully taking something off someone is tyrannical. If it is a voluntary act, fair enough.

Also, I have nothing against (voluntary) communal businesses. It is force that I am against. It'd be a much better world if more thought the same, but everyone's always devising systems to try and make stealing ok.

[RPFS2008]

My point was that, generally, very little (outside of government actions) is stopping you from setting up a small communal business with like-minded people (being dirt poor shouldn't hurt you too much in this respect, considering the people involved ...... unless all communists are poor!)

Being ill would hurt, as would being stuck on a deserted island, but if you want something bad enough, and believe in it enough (morally etc), very little, other than laziness, will stop you.

[RPFS2008]

.....other than laziness and government actions (directly or indirectly), will... *

[glueandchem]

You don't know that "very little" would stop me from setting up my business or from carrying out my personal individualist agenda without a government.  How could you possibly know this? The idea of "world without government" is so abstract it could take any form imaginable. It's just so full of shit to claim that you know exactly what the conditions would be like without a government.

[RPFS2008]

Yea, cos a world without government would suddenly turn into some alternate universe where up is down and east is west....

Just don't talk to me about "fairness" etc whilst pushing for authoritarianism. You just look ridiculous.

[glueandchem]

Yeah, that's really compelling! Uhhh...no. You are petty...and so are all the other vipers spewing this idiotic vomit. It's like the idea of a game without rules...you have no way of making an accurate prediction as to what will take place. It's common fucking sense; use your brain.

[glueandchem]

Also, I have nothing against (voluntary) communal businesses. It is force that I am against.

I've heard the story a thousand time, is there some factor producing market anarchists on youtube or something? Yeah whatever, legacy wealth is disgusting and tyrannical. The money in your wallet is money you earned. Inheritance is not money you earned. It's a different context. So, no...It's not in the same way as you say.

[RPFS2008]

"The money in your wallet is money you earned"

... and therefore you can do what you like with it.

[glueandchem]

Earning your own money and being given money for free IS CLEARLY DIFFERENT JACKASS. Get a fucking brain.

[AndyMH182]

fuck you cunt. Earned wealth was still earned. It belongs to someone and if the creator of that wealth wants to pass it on then boo-hoo for you.

go cry. fag.

[edgewayround]

@AndyMH182 - How is it earned when your great great great grandfather invented the wheel and you still get royalties from that wheel yet doing nothing generations later? You now hold all the wealth, hence power and make decision affecting everyone who has to work 5/6 days a week just to get by? Because of that wheel, you have become detached from society and have no idea what's going on in the real world yet still make real decisions upon real lives. How is that fair or just?

[GaryNull]

Can't wait until we kill all these elitest motherfuckers.

When the people who have nothing left to lose hit the streets in masses, there won't be enough cops to stop them. It's gonna be fucking great.

[nekftw]

jonesr999 you are so low, do you have anything to say about his arguments ? no? the only thing you offer is trolling and teenager niveau.

you suck

dicks

[justino81]

The flawed basis for your argument is that wealth is a fixed stock to be mercifully rationed out.

What you call "doing nothing" is no less productive and mutually rewarding when a person's wealth, if he got it voluntarily, is invested effectively--whether that's investing in innovative start-up firms or supporting already successful firms with more resources. Simply putting it in the bank is rewarding for the society as a whole as it provides capital for individuals.

[jonesr999]

No one should be paid to do nothing? What about you, Gary?

[maulcs]

Exactly.

[Thetamatheia]

You are a fucking idiot. That's funny.

[Crosisborg]

no shit

[1satyagraha1]

excellent video. you fuse good theories together in a realistic way. you're an idea machine with these channels. keep it up. you're making sense in a world that doesn't.