The good old barter system, why move forward when you can go back right. Well, though a classic system, I am sure a guy could trade a basket of potatos for a few cases of whiskey by filling his baskets full of dung covered by a few potatos. I would imagine that fraud would be highly prevasive should we return to "simpler" times. Interesting thought though... more outside the box than most people get when bickering over economics and politics on Youtube.
Dear 8nchz, For sure where ever money goes, filth and distrust follows. Almost makes a guy wonder if a system could be developed that didn't require money at all ;).
Dear 8nchz, A fair opinion. Am I correct to say that you are for free markets, but only to a certain extent? If so which portions (other than the ones outlined previously) would you see as needing more liberty? Should corporations be voided of the right/freedom to lobby their own interests? I am just not clear on where the dividing line between a free market and its opposite is.
Dear Nearly 8 Inches, Again, a very impressive handle (pun intended). As an entrepreneur, or someone who does not work for someone else, what protections would be provided for you from the big fish in a libertarian state. Would there be laws against collusion? In othere words, what laws would protect ambitious folk from building a mega corp. and displacing the libertarian state itself? I don't get this yet?
Imagine cutting the defense budget to allow for the removal of income tax and letting the market develop all those inventions without the waste, destruction and loss of lives. The 2 million soldiers spread over the globe can resign and get a productive job as well. How is that for an economic stimulus.
Thank you for your reply, I must confess to being a cynical skeptic, so I always assume that the research of a scientist, who is also a human being with a "worldview" could be swayed by "the hand that feeds them". I say this because of my own human weaknesses admitting that my own conclusions are sometimes less than objective due to my "worldview".
yea it's fine, I must admit these days it's hard to believe some people somewhere are spending billions of dollars on something not related to war, greed or power.
(..)Everyone can participate to a free market exactly cause it is free and you won't need anything except your brain, abilities and material resources(if any) to take part to it. You may not have the resources in the start, but you will surely have the other two won't you? As for people unable to do so then and just then the government together with the society can get in and help them.
"Accepting a free market economy means some people won't have access to it."
just wanna comemnt on this as the all issue is indeed very long to be discussed here. If some people cannot have access to a free market, how can you imagine it must be hard when they need to access to a "not free" one, where special interests have the control of it, rather than single individuals? (cont..)
" If you have a free market you can't ban anything"
wrong, you just do not ban things which are not against any right of anyone. But if there are things done in the economy that violate any right, then of course that will be forbidden. Freedom is about "doing whatever you like as long as you do not violate others rights".
And so I answered to your other claim about children and organs.
As for drugs, if they hurt only those who take them voluntarily, why to ban them?
if the rescources that were invested on military were invested on antythinc truly of direct benefit to all mankind or the planet the spinn offs would be greater than the scraps thrown to slave mentality employees of a superstate of greed spinn offs my bollox
you obviously fail to understand how the banking system works today. Banks have received from governments the privilege of CREATING MONEY OUT OF THIN AIR. SO THEY DON'T HAVE THE CAPITAL as you say. It is useless to speak about capitalism with people that do not understand how the money system works today. In a True capitalism you would not be allowed to lend at interest money that you do not have and that you have created out of nowhere.
"The crisis started in the private sector and that includes the financial institutions."
Your statement is formulated in a way it seems the private sector caused the crisis in its whole, but it's not, it was ONLY THE BANKING SYSTEM that caused it.
you use words like capitalism, but have a wrong idea about it. You should speak about how the current system works. The current capitalism is driven by the bankers and government privileged corporations, this is the opposite of a free market economy.
Don't get me wrong. Obama does promise you healthcare. It might be awhile so as long as the Americans and the world are distracted about the red, white, and blue dick being shoved up their asses.
this last one is actually good new. And by the way he wanted to sign the copenaghen treaty of course but he couldn't due to the emerging of the climate-gate scandal and the very cold winter we had just during those days. You may not be aware that Gore's global warming is a total scam. I suggest you to investigate it
Does anyone actually believe that the arms industry really cares about the environment? Shit, they're in the people-killing business. This has been long understood. Certain sectors of the economy do profit from from war. That's not to say that all sectors must also. As long as politicians have financial support from war profiteers, they can care less about the world. What I find more disturbing is that now war profiteers like Obama are getting Noble Peace Prizes, despite all of the atrocities.
IF you call the banking system the "private sector" then yes. You are completely confusing the real economy with the finance.
Banks have control over the money, THEY HAVE CREATED THE CRISIS, they can make money more or less scarce, they force the economy into a cycle where progressively the wealth is transferred to the rich. They have got this power from government, the power to create money out of thin air and regulate the interest rate at their will, IT is a monetary crisis, you are a liar!
The "rich/banker" also have the inside on what is and is not actually happening since they in fact control it making it a 'no brainer' to remove our earnings value and replace it with nothing while their wealth increases. Very disturbing to me. A stacked deck to be sure.
You don't want to provide statistics about the ideological leanings of business owners yet provide the baseless assertion that most BO's are Libertarians. If you haven't taken a poll of all BO's about their ideological leanings then you don't have a leg to stand up. Instead you just want me to take your word for it, kind of like religion. Provide evidence or stfu. I can say most BO's are socialists. I don't need evidence, you can just take my word for it, dumbass.
They don't have any solutions. They are correct in their mistrust of government but are incorrect in their blind trust of self seeking private individuals in the marketplace. They completely misunderstand the very idea of power and the multidimensionality of human nature.
The market is just the natural form of true economics, so I didn't skip anything.
In a truly free market the money follows the real economy and not the other way around like today in the government sponsored economy that favours only finance and big corps. Today people work TO get money, in a truly free economy people would work AND get money.
Your logic is flawed: Most Libertarians you know are B.O.'s, Lawyers and Doctors therefore most B.O.'s are Libertarians. You need to provide statistics for that claim. There are millions of B.O.'s in this country. Most of the B.O.'s where I live are Liberals who hate big business and love small local business. The business class varies widely ideologically. To say they are all Libertarians is false and erroneous just by pure logic.
TheRealNews, PLEASE PLEASE PLEASE make it easier to find part 1 !! A good idea is to name all linked vids by the same name, or upload part 1 first, its not fuckn rocket science !!!
True WW2 was a giant stimulus program, however if Europe and Japan, Italy -Axis powers not been decimated ie cities, Berlin, Dresden, Tokoyo left in smoldering ruins....This left the US with the biggest manufacturing economy in the World.
Well that's not the case now. All our interventions in Iraq & Af-Ghan is going to be a economic drain not boost for our economy. We already put these wars on the Chinese credit card & we are close to maxing out our National Chi-Com Credit card.
This is all backwards. The reason why technological advancement comes out of conflict is because the military has the biggest budget not because peace isn't a sufficient motivator.
He's "The guy in the video" got some of right as far as the military - tech advancement but not entirely, Google didn't come out of the military, Industrial agriculture & what he said about aviation, not entirely correct, Limburg crossing Atlantic solo & other Avation of the thirties, Also the Space program has had innovations with Satellite Technology, fuel cells & a lot more.
Also he only gave half the situation on why the Depression was ended by WW2.
It was Post War optimism (specifically) that added to the tech developments of the 50's and the social changes of the 60's. War has actually held up development since then (because we are never "Post War" anymore). I stand by my "this is all backwards" statement.
@fred, well I pretty much agreed with your comment. I commented that the Militrary had little or nothing to do with Google, Microsoft or the friggin iPod. They didn't make Microwaves, & don't get me on Tesla's inventions which had nothing to do with the Military. Tesla invented AC-alternating current, the electric motor which is in just about every electric device that exists & has nothing to do with military or war.
The military's business is killing & business is good.
Peak "Friggin" Oil. If we don't find solutions to upcoming energy shortages then all this debate about ism's will be moot.
People will not care a hoot about ism's when they are hungry, jobless,transportationless, homeless, cold, hot. All they will care about is these basic needs and do what you have to get them. But hey people are too thick to see what the fundamental problem is so they will continue to argue, left, right, center, Socialist, Capitalist till all we have left is fighting.
@valhala56 - that's the plan all along - to keep adding reasons to keep people fighting (isms) - and they to do that by making sure that we are dependent on a controllable resource - as long as it's one "they" control of course!
what are these crazy war mongers talking about .. aviation was created by the Govt effort? for the military? what kind of insane talk is that!? haven't you ever heard of Leonardo da Vinci or brothers Wright ? Early history of Computers have nothing to do with military too. Without the Govt hijacking industries the private sector would just do it a lot more efficiently that all.
"Without the Govt hijackign industries the private sector would just do it a lot more efficiently"
Perhaps (or maybe not; I'd like to know what evidence you have for it), but the point the guy is making is that IN ACTUALITY the major innovations in the economy have been bankrolled by the government through the military sector.
this vid is one of the most retarded ever. of course free market and private sector is the primary source of innovation. the Govt robs people(oh excuse me i ment taxes), lies/withholds the truth (oh they call it classified information) on about everything they do using people's money and resources, hijacks industries, like green/eco industry is now hijacked with taxing people to death(cap&trade),giving 80% of the money collected to the Govt connected Corps(so that the Govt can claim the credit)
well keynsian economics is the biggest proponent of military spending, so it still doesnt doesnt address the argument of the superior capacity of private investment over state investment.
They generally make the link between the state and the military, but they're ignorant concerning the degree of the former's capture by the latter (here in the U.S., at least). Their analysis fails to make any linkage to capital. Class is completely absent. The result is a crude assault on "government", as if that really resolves the issue they're attempting to raise. I could explain it in a bit more depth, but I'd prefer it in a message, as I don't really like YouTube's comment format.
Annnnd...here begin the incoherent conspiracy theories. The state controls the state, for the sake of controlling the state, because the state wants to extend its reach over the state. More specifically: who are the state? Who benefits from the privilege the state dispenses? Class is totally absent, which is why libertarian state theory is so laughable. It's unable to explain why the state does anything at all.
Wassup! The state is set up to protect property owners. It is an agreement betwean the powerful on how to create stability, legal frameworks, and ways to prevent others from rising to the same level of power, wealth and influence as the property owners.
The state in itself is not your enemy, it is the people on top who use it to maitain power! Preach it!
Everyone has property. But some people man, they own the water, they own all the factories, they own you if you work for them. And the state protects them, so if we take back the state. It's a first stepping stone to equalizing our economies. Thats how I see it anyways.
I'm aware of libertarian class analysis, I just think it's overly simplistic, conspiratorial, and ridiculous. The political class and the 'productive' (i.e. ownership) class are not so easily separated.
Then it's still ridiculous, because not even close to everybody owns any capital (productive property, broadly defined) whatsoever, or ever will. Do you actually believe this?
@ferrozm Do you even listen to yourself and notice that you're using value-based arguments to talk about a purely economic argument, that of government or not? I'm not even going to get in the absurdity of your rationale, because it's big government that pays for the police and firefighters, that taught you how to write and that makes sure your food isn't poison.
You are using value based arguments for economic (purely about efficiency) questions, you're a moron. Get the hell out.
They never have. All they do is complain criticize and condemn. Most Libertarians are armchair Libertarians; they have never actually had to try and survive in the private sector.
@DanMorgan98 Hear hear! Libertarians would do NOTHING but sit on their hands. Fuck them and their hands-off approach to EVERYTHING! They wouldn't even be able to feed themselves if they had to do everything for themselves. Fuck them! I so hate Libertarians and Ron Paul, their fucking king!
It would be someone that relies on the nanny government to solve their problems that tries to talk on the subject of someone "being able to feed themselves".
the government CREATES unemployment IT DOES NOT SOLVE it. It is called indirect effect, but most people do not understand how it works.
The less you interfere with the free market, the less taxes you put the better the economy will be and the less unemployment.
The biggest problem is the monetary policy. Also the government bailouts big corporations and creates laws which limit the free market for those who do not have enough money to comply to all the regulations and gives big corps advantage
B: Laissez-faire capitalism has a very high tendency of accumulation of wealth. (The fact of "too big to fail" is an example)
C: There has never been a "free market" and probably never will be. Because you would be out of a job and a cheaper employee would be hired. Since free market is not only in goods, but in employment as well.
1)the bottle-neck monopoly there really is today is on money, govts with central banks decide where the money must flow and it only flows in the pockets of big corporations
2) If there is a free market without rules, everyone would be employer himself, you won't need to find a job as employee anymore. Free professions would be the rule, not the exception
It speaks volumes about the ex-Paultards commenting on this video. Of course they can't tell the difference between Keynesian and socialist economics. According to their crude and ridiculous 'analysis', any action or project undertaken by a government amounts to 'socialism'.
I don't worship the state, I simply realize that it has been the most important part of society so far, and it makes me laugh when people try to steal its thunder and give it to the private sector. Too big to fail is not from free market capitalism, but it is a result of American capitalism.
I reject Libertarian fantasies because anyone who thinks that the state and the privileged are, ever have been, or ever will be opposing and conflicting forces, is, plain and simply, daft.
Not to mention that the most dynamic sectors of our economy, computers and the internet, were not created by entrepreneurs in a free market, but were subsidized with public money through the state.
Pollin is horribly wrong. If gov would of known what the internet would of sparked, they would of never let the genie get out of the bottle. Like what Sen. Jay Rockefeller (D-WV) said that he wished that the internet never existed.
Jay Rockefeller: Internet should have never existed
watch?v=Ct9xzXUQLuY
Gov and corps hide and suppress any technology that challenges their power. Gov and corps work hand in glove whether the country is capitalist, socialist, or communist it doesn't matter.
@VexRiot Well your watching Socialist light Tv bud. They warp and twist things. For electronics are all about the free market because that's the way the elites wanted it. Why because the free market allows for true growth and price reductions.They allowed it because they thought it would serve only them.Now that the tech has fallen into the hands of the people they want to change it and control it. This publication "the real news" is not for free people it's for the progressive socialist.
quell surprise, another socialist, why can't you get on one of the real free market guys, not the fake neo-con type, but someone like tom woods, he's great on foreign policy and economics .
Pollin can only think in terms of big government solutions as if private entities don't exist and don't have any motivations to develop products and markets. What a complete crock of manure. Pollin has never had a job in the real world and comes from a life of privilege.
And it should be noted that Pollin isn't merely an academic, he is also a long time political activist.
Why it is OK to spend tax payers money on military and not on civilians? Why it is ok be "socialist" with military and not with working people & planet, which actually support the workings & existence of the entire civilisation?
Answer: to spend money on schools and workers is to invest into the weak which is very un-darwinian thing to do thus we live in an animalistic culture which only pretends to be rational.
The solution for this is in intellectual enlightenment...
Intellectual enlightenment stems from an understanding that without civilisation human being would only be an animal and would not be able to live to its full potential.
Without society and civilisation there would be no individuality, just a pack of animals. To over-stimulate individualism or impose ideology of any kind is actually to regress back to animal stage, because the society is the result of a balanced & dynamic interaction between individualism and the agreed norms.
"without civilisation human being would only be an animal .. "
And therefore you think that civilization derives from collectivism? What you call civilization, I call sheep that does not want the responsibility to live their life in honest way, therefore they ask the government to protect them and bailout them against honest individuals that are willing to take the responsibility of their actions and want to live free without government intervention in their life.
to spend taxpayers money to bailout someone (no matter whom) without the consent of the taxpayers themselves and without transparence IS SOCIALISM and DICTATORSHIP and NO it does not help the poor. I tell you why. You make the rich people pay 80% taxes? You think it will solve the problems right? WRONG, the rich people control the economy, if you tax them by 80% on revenue the prices will jump up by 80% and the poor will be poorer.
You glibly ignore the public monies poured into not only the the weapons industry (virtually the only real domestic industry left standing, and thanks to tax dollars), but various univesities and technical institutions. Your view is sanitized, conformist and utopean.
the money poured into the weapons industry illustrates my point perfectly. Weapons are not a positive contribution to society at all. state funding and all the special interests involved in procuring and convincing public officials to get the funds is what causes the military-industrial complex. as for universities yes, the state funds those but he private ones are way better and were there no state universities private ones would be cheaper. all R&D that the state provides politicizes stuff
@ferrozm: We are no longer in the times when technology can be developed without fundamental sciences. And NO private company will invest enough in fundamental sciences to have an a breakthrough in technology.
@jalexoid: You're exactly right, the capital outlays are massively prohibitive for huge projects like national defense. This is demonstrated by the history of railroads in continental Europe--almost always state-owned, or their construction facilitated by limited-liability laws. The creation of NASA is another viable example. It never would've happened in the 'free market' these guys champion, primarily owing to one factor: risk.
The Hebraic secular Jews may have managed to drop their God, most of them do not follow Judaic law, they are largely secular, and yet 94% of them interpret their Jewish identity as a genocidal mission. They have successfully managed to transform the Bible from being a spiritual text into a bloodsoaked land registry. They are there, in Zion i.e., Palestine, to invade the land and to lock up, starve and destroy its indigenous habitants.
war is necessary for economic growth in a capitalist/corporatist neo-liberal system. but hey. fuck that shit. war sucks a fat dick. as does neo-liberalism.
"liberalism" advocates the freedom of the individual. "socialism" is a community-centered economic policy. military keynesianism could be associated with it, just as one could associate a military-centered system with any governmental economic policy
i could care less what trotskyists are doing nowadays (they're still out there?!)
and you're probably right too. if by socialism you mean stalinism or leninism, then by all means it underscores that a minority ruling class who has most of the capital and all the decision making power is hostile to human flourishing.
Of course you need war with these disgusting economic models. What do you do with all the weapons you build? You go destroy it all, the people who operate them, and all the unfortunate souls who happen to get caught up in this evil. You certainly can't continue stacking this shit up and not use it.
Come to think of it, this is really the whole, dig a ditch and fill it back in model of job creation, isn't it?
Noam Chomsky, Michael Parenti and others have pointed this out for decades and documented the fact left right and center too. Important point. Good work RNN
The internet was created by universities... not the military.
hamberg42 7 months ago
Progress and this so called ''economic growth'' are two different things entirely.
AfroBotSays 8 months ago
Excuse me while I Vomit !
AnimaliaChannel 2 years ago
Dear 8nchz,
The good old barter system, why move forward when you can go back right. Well, though a classic system, I am sure a guy could trade a basket of potatos for a few cases of whiskey by filling his baskets full of dung covered by a few potatos. I would imagine that fraud would be highly prevasive should we return to "simpler" times. Interesting thought though... more outside the box than most people get when bickering over economics and politics on Youtube.
Peace,
Biter.
elbowbiter1 2 years ago
Dear 8nchz, For sure where ever money goes, filth and distrust follows. Almost makes a guy wonder if a system could be developed that didn't require money at all ;).
Peace,
Biter.
elbowbiter1 2 years ago
Dear 8nchz, A fair opinion. Am I correct to say that you are for free markets, but only to a certain extent? If so which portions (other than the ones outlined previously) would you see as needing more liberty? Should corporations be voided of the right/freedom to lobby their own interests? I am just not clear on where the dividing line between a free market and its opposite is.
Peace,
Biter.
elbowbiter1 2 years ago
Dear Nearly 8 Inches, Again, a very impressive handle (pun intended). As an entrepreneur, or someone who does not work for someone else, what protections would be provided for you from the big fish in a libertarian state. Would there be laws against collusion? In othere words, what laws would protect ambitious folk from building a mega corp. and displacing the libertarian state itself? I don't get this yet?
Peace,
Biter.
elbowbiter1 2 years ago
Excellent!! News based on historical fact. You'll never see it on the "dinosaur news channels"
neptunisregis11 2 years ago
Imagine cutting the defense budget to allow for the removal of income tax and letting the market develop all those inventions without the waste, destruction and loss of lives. The 2 million soldiers spread over the globe can resign and get a productive job as well. How is that for an economic stimulus.
cvnl83 2 years ago
Internet was invented by physicists at CERN, nothing to do with war
Mendelevium146 2 years ago
The money that paid for their research came from where?
neptunisregis11 2 years ago
universities, international government, private donators, etc. About the same places that money to build the LHC and big space telescopes comes from.
Mendelevium146 2 years ago
Thank you for your reply, I must confess to being a cynical skeptic, so I always assume that the research of a scientist, who is also a human being with a "worldview" could be swayed by "the hand that feeds them". I say this because of my own human weaknesses admitting that my own conclusions are sometimes less than objective due to my "worldview".
neptunisregis11 2 years ago
yea it's fine, I must admit these days it's hard to believe some people somewhere are spending billions of dollars on something not related to war, greed or power.
Mendelevium146 2 years ago
(..)Everyone can participate to a free market exactly cause it is free and you won't need anything except your brain, abilities and material resources(if any) to take part to it. You may not have the resources in the start, but you will surely have the other two won't you? As for people unable to do so then and just then the government together with the society can get in and help them.
fresniak 2 years ago
"Accepting a free market economy means some people won't have access to it."
just wanna comemnt on this as the all issue is indeed very long to be discussed here. If some people cannot have access to a free market, how can you imagine it must be hard when they need to access to a "not free" one, where special interests have the control of it, rather than single individuals? (cont..)
fresniak 2 years ago
" If you have a free market you can't ban anything"
wrong, you just do not ban things which are not against any right of anyone. But if there are things done in the economy that violate any right, then of course that will be forbidden. Freedom is about "doing whatever you like as long as you do not violate others rights".
And so I answered to your other claim about children and organs.
As for drugs, if they hurt only those who take them voluntarily, why to ban them?
fresniak 2 years ago
if the rescources that were invested on military were invested on antythinc truly of direct benefit to all mankind or the planet the spinn offs would be greater than the scraps thrown to slave mentality employees of a superstate of greed spinn offs my bollox
preacain 2 years ago
you obviously fail to understand how the banking system works today. Banks have received from governments the privilege of CREATING MONEY OUT OF THIN AIR. SO THEY DON'T HAVE THE CAPITAL as you say. It is useless to speak about capitalism with people that do not understand how the money system works today. In a True capitalism you would not be allowed to lend at interest money that you do not have and that you have created out of nowhere.
fresniak 2 years ago
"The crisis started in the private sector and that includes the financial institutions."
Your statement is formulated in a way it seems the private sector caused the crisis in its whole, but it's not, it was ONLY THE BANKING SYSTEM that caused it.
you use words like capitalism, but have a wrong idea about it. You should speak about how the current system works. The current capitalism is driven by the bankers and government privileged corporations, this is the opposite of a free market economy.
fresniak 2 years ago
Don't get me wrong. Obama does promise you healthcare. It might be awhile so as long as the Americans and the world are distracted about the red, white, and blue dick being shoved up their asses.
underthebox 2 years ago
And for everyone who voted for Obama and believed in him. I'm sorry. When elites fail, the solution is to get rid of them.
Obama failures:
Reinstated the Patriot Act.
Silenced the media about the Iraq War
Increase the atrocities in Afghanistan
Supports tyrannical governments
Aids Israel in killing innocent Palestinians
Has not closed Guantanamo Bay
Bailed out corporate and banking criminals
Has not complied to lower CO2 emissions
underthebox 2 years ago
"Has not complied to lower CO2 emissions"
this last one is actually good new. And by the way he wanted to sign the copenaghen treaty of course but he couldn't due to the emerging of the climate-gate scandal and the very cold winter we had just during those days. You may not be aware that Gore's global warming is a total scam. I suggest you to investigate it
fresniak 2 years ago 2
of course Obama is a fraud
fresniak 2 years ago 5
Does anyone actually believe that the arms industry really cares about the environment? Shit, they're in the people-killing business. This has been long understood. Certain sectors of the economy do profit from from war. That's not to say that all sectors must also. As long as politicians have financial support from war profiteers, they can care less about the world. What I find more disturbing is that now war profiteers like Obama are getting Noble Peace Prizes, despite all of the atrocities.
underthebox 2 years ago 2
the real socialist news
alexn159 2 years ago
Where the hell are your video responses? I'm looking for the one from 1000You2b0001.
protester 2 years ago
IF you call the banking system the "private sector" then yes. You are completely confusing the real economy with the finance.
Banks have control over the money, THEY HAVE CREATED THE CRISIS, they can make money more or less scarce, they force the economy into a cycle where progressively the wealth is transferred to the rich. They have got this power from government, the power to create money out of thin air and regulate the interest rate at their will, IT is a monetary crisis, you are a liar!
fresniak 2 years ago
fresniak, well said
the power to make money more or less scarce...progressively wealth is transferred to the rich (in the form of real assets - commodities)
alexn159 2 years ago
The "rich/banker" also have the inside on what is and is not actually happening since they in fact control it making it a 'no brainer' to remove our earnings value and replace it with nothing while their wealth increases. Very disturbing to me. A stacked deck to be sure.
motorolarules 2 years ago
what you call problems are just the effect of the actual system, which is not based on free market at all.
fresniak 2 years ago
"Free market is a joke"
ok then better forced market where the government tells you what to do, what to buy, what to think and how long you can stay in the toilet.
Fuck off, retard
fresniak 2 years ago
You don't want to provide statistics about the ideological leanings of business owners yet provide the baseless assertion that most BO's are Libertarians. If you haven't taken a poll of all BO's about their ideological leanings then you don't have a leg to stand up. Instead you just want me to take your word for it, kind of like religion. Provide evidence or stfu. I can say most BO's are socialists. I don't need evidence, you can just take my word for it, dumbass.
DanMorgan98 2 years ago
Libertarians suck
tommytowne 2 years ago
They don't have any solutions. They are correct in their mistrust of government but are incorrect in their blind trust of self seeking private individuals in the marketplace. They completely misunderstand the very idea of power and the multidimensionality of human nature.
DanMorgan98 2 years ago
They also don't understand Thomas Jefferson or free market principles including worldwide liberty and not just world wide corporations.
tommytowne 2 years ago
Libertarians have really really bad BO
tommytowne 2 years ago
Imagine the economy without the jet engine, computer and internet: yeah, it probably wouldn't be totally fucked :)
arcanekrusader 2 years ago
"The market doesn't solve anything."
The market is just the natural form of true economics, so I didn't skip anything.
In a truly free market the money follows the real economy and not the other way around like today in the government sponsored economy that favours only finance and big corps. Today people work TO get money, in a truly free economy people would work AND get money.
fresniak 2 years ago
is this meant to be flippant i'm not sure. if it is its ridiculous the govt is is way more responsible for unemployment
ferrozm 2 years ago
Your logic is flawed: Most Libertarians you know are B.O.'s, Lawyers and Doctors therefore most B.O.'s are Libertarians. You need to provide statistics for that claim. There are millions of B.O.'s in this country. Most of the B.O.'s where I live are Liberals who hate big business and love small local business. The business class varies widely ideologically. To say they are all Libertarians is false and erroneous just by pure logic.
DanMorgan98 2 years ago
they won't because libertarians undermine their goal since it is intellectually sound and superior to their statism
ferrozm 2 years ago 2
This has been flagged as spam show
because it advocates the distribution of wealth through a central planner. (govt)
ferrozm 2 years ago
TheRealNews, PLEASE PLEASE PLEASE make it easier to find part 1 !! A good idea is to name all linked vids by the same name, or upload part 1 first, its not fuckn rocket science !!!
YamaKazoo 2 years ago
True WW2 was a giant stimulus program, however if Europe and Japan, Italy -Axis powers not been decimated ie cities, Berlin, Dresden, Tokoyo left in smoldering ruins....This left the US with the biggest manufacturing economy in the World.
Well that's not the case now. All our interventions in Iraq & Af-Ghan is going to be a economic drain not boost for our economy. We already put these wars on the Chinese credit card & we are close to maxing out our National Chi-Com Credit card.
valhala56 2 years ago
This is all backwards. The reason why technological advancement comes out of conflict is because the military has the biggest budget not because peace isn't a sufficient motivator.
fred10538 2 years ago
He's "The guy in the video" got some of right as far as the military - tech advancement but not entirely, Google didn't come out of the military, Industrial agriculture & what he said about aviation, not entirely correct, Limburg crossing Atlantic solo & other Avation of the thirties, Also the Space program has had innovations with Satellite Technology, fuel cells & a lot more.
Also he only gave half the situation on why the Depression was ended by WW2.
It really was Post War.
valhala56 2 years ago
It was Post War optimism (specifically) that added to the tech developments of the 50's and the social changes of the 60's. War has actually held up development since then (because we are never "Post War" anymore). I stand by my "this is all backwards" statement.
fred10538 2 years ago
@fred, well I pretty much agreed with your comment. I commented that the Militrary had little or nothing to do with Google, Microsoft or the friggin iPod. They didn't make Microwaves, & don't get me on Tesla's inventions which had nothing to do with the Military. Tesla invented AC-alternating current, the electric motor which is in just about every electric device that exists & has nothing to do with military or war.
The military's business is killing & business is good.
valhala56 2 years ago
@valhala56 Now that's a comment I can agree with!
fred10538 2 years ago
Peak "Friggin" Oil. If we don't find solutions to upcoming energy shortages then all this debate about ism's will be moot.
People will not care a hoot about ism's when they are hungry, jobless,transportationless, homeless, cold, hot. All they will care about is these basic needs and do what you have to get them. But hey people are too thick to see what the fundamental problem is so they will continue to argue, left, right, center, Socialist, Capitalist till all we have left is fighting.
valhala56 2 years ago
@valhala56 - that's the plan all along - to keep adding reasons to keep people fighting (isms) - and they to do that by making sure that we are dependent on a controllable resource - as long as it's one "they" control of course!
fred10538 2 years ago
what are these crazy war mongers talking about .. aviation was created by the Govt effort? for the military? what kind of insane talk is that!? haven't you ever heard of Leonardo da Vinci or brothers Wright ? Early history of Computers have nothing to do with military too. Without the Govt hijacking industries the private sector would just do it a lot more efficiently that all.
alennna 2 years ago
"Without the Govt hijackign industries the private sector would just do it a lot more efficiently"
Perhaps (or maybe not; I'd like to know what evidence you have for it), but the point the guy is making is that IN ACTUALITY the major innovations in the economy have been bankrolled by the government through the military sector.
cayetanoluis 2 years ago
Without the government, these innovations would just be forwarded entirely by the private sector.
OutdoorsBlackMan 2 years ago
this vid is one of the most retarded ever. of course free market and private sector is the primary source of innovation. the Govt robs people(oh excuse me i ment taxes), lies/withholds the truth (oh they call it classified information) on about everything they do using people's money and resources, hijacks industries, like green/eco industry is now hijacked with taxing people to death(cap&trade),giving 80% of the money collected to the Govt connected Corps(so that the Govt can claim the credit)
alennna 2 years ago
well keynsian economics is the biggest proponent of military spending, so it still doesnt doesnt address the argument of the superior capacity of private investment over state investment.
ferrozm 2 years ago
Dumb people talking stupid
mtm150 2 years ago
Will war end when terrorists get hold of a nuclear weapon? So what happens at that point?
jimbonumber9 2 years ago
The greatest terrorist nation on Earth has used nuclear weapons and chemical weapons on innocent civilians.
So its already happened
micahgee 2 years ago
Could it not come back on the greatest terrorist nation? It does seem that the war on terror is getting worse.
jimbonumber9 2 years ago
fuck the state
PersianPaladin 2 years ago
@cringo123 Yay you for completely missing the point! :)
boredtodeathwth 2 years ago
They generally make the link between the state and the military, but they're ignorant concerning the degree of the former's capture by the latter (here in the U.S., at least). Their analysis fails to make any linkage to capital. Class is completely absent. The result is a crude assault on "government", as if that really resolves the issue they're attempting to raise. I could explain it in a bit more depth, but I'd prefer it in a message, as I don't really like YouTube's comment format.
niriafanorev 2 years ago
The "military" is directed by the government...
OutdoorsBlackMan 2 years ago
No shit. Who controls the state?
niriafanorev 2 years ago
The state itself.
OutdoorsBlackMan 2 years ago
Annnnd...here begin the incoherent conspiracy theories. The state controls the state, for the sake of controlling the state, because the state wants to extend its reach over the state. More specifically: who are the state? Who benefits from the privilege the state dispenses? Class is totally absent, which is why libertarian state theory is so laughable. It's unable to explain why the state does anything at all.
niriafanorev 2 years ago
Who benefits from the state?
Obviously the MEMBERS of the state.
What does the state do? It basically feeds off of its SUBJECTS. It is a parasitic entity in human society.
OutdoorsBlackMan 2 years ago 3
Wassup! The state is set up to protect property owners. It is an agreement betwean the powerful on how to create stability, legal frameworks, and ways to prevent others from rising to the same level of power, wealth and influence as the property owners.
The state in itself is not your enemy, it is the people on top who use it to maitain power! Preach it!
AbtinX 2 years ago 2
The point is that the state needs to be neutralized.
The property has nothing to do with this.
OutdoorsBlackMan 2 years ago
Everyone has property. But some people man, they own the water, they own all the factories, they own you if you work for them. And the state protects them, so if we take back the state. It's a first stepping stone to equalizing our economies. Thats how I see it anyways.
AbtinX 2 years ago 2
I There is plenty of free water out there, so no one owns "the water".
Whoever built a factory or payed for it rightfully owns the factory like owning a house or anything else.
It is your choice to work in a factory and you can leave any time you want, so the factory doesn't own you. You own yourself.
The state doesn't protect a factory.
OutdoorsBlackMan 2 years ago
@OutdoorsBlackMan:
"It is your choice to work in a factory and you can leave any time you want, so the factory doesn't own you. You own yourself."
When something essential to survival becomes scarce and controlled by one individual, you are not at effective liberty to choose.
jalexoid 2 years ago
"When something essential to survival becomes scarce and controlled by one individual, you are not at effective liberty to choose."
A factory is not essential to survival. It is your decision to work there. To claim that you are not at liberty is being quite dishonest.
You like factories so much, then maybe you should buy one or build one yourself.
The truth is, you just want things to be handed to you on a silver platter.
OutdoorsBlackMan 2 years ago
libertarian class theory explains this simply. there are those who benefit from from state plunder and those who suffer from it.
ferrozm 2 years ago
I'm aware of libertarian class analysis, I just think it's overly simplistic, conspiratorial, and ridiculous. The political class and the 'productive' (i.e. ownership) class are not so easily separated.
niriafanorev 2 years ago
it is more coherent conceptually than socialist/communist class theory since to some extent everybody is part of the capitalist class.
ferrozm 2 years ago
Then it's still ridiculous, because not even close to everybody owns any capital (productive property, broadly defined) whatsoever, or ever will. Do you actually believe this?
niriafanorev 2 years ago
people have saving don't they? people invest in stuff while they work don't they? that is capital
ferrozm 2 years ago
@ferrozm Do you even listen to yourself and notice that you're using value-based arguments to talk about a purely economic argument, that of government or not? I'm not even going to get in the absurdity of your rationale, because it's big government that pays for the police and firefighters, that taught you how to write and that makes sure your food isn't poison.
You are using value based arguments for economic (purely about efficiency) questions, you're a moron. Get the hell out.
Renegen1 2 years ago
Which argument are you referring to?
ferrozm 2 years ago
Since when did Libertarians ever have anything constructive to say about anything?
blackiron60 2 years ago
They never have. All they do is complain criticize and condemn. Most Libertarians are armchair Libertarians; they have never actually had to try and survive in the private sector.
DanMorgan98 2 years ago
@DanMorgan98 Hear hear! Libertarians would do NOTHING but sit on their hands. Fuck them and their hands-off approach to EVERYTHING! They wouldn't even be able to feed themselves if they had to do everything for themselves. Fuck them! I so hate Libertarians and Ron Paul, their fucking king!
JixMa 2 years ago
It would be someone that relies on the nanny government to solve their problems that tries to talk on the subject of someone "being able to feed themselves".
Such irony.
OutdoorsBlackMan 2 years ago
the government CREATES unemployment IT DOES NOT SOLVE it. It is called indirect effect, but most people do not understand how it works.
The less you interfere with the free market, the less taxes you put the better the economy will be and the less unemployment.
The biggest problem is the monetary policy. Also the government bailouts big corporations and creates laws which limit the free market for those who do not have enough money to comply to all the regulations and gives big corps advantage
fresniak 2 years ago
A: Read up on natural monopolies and monopolies.
B: Laissez-faire capitalism has a very high tendency of accumulation of wealth. (The fact of "too big to fail" is an example)
C: There has never been a "free market" and probably never will be. Because you would be out of a job and a cheaper employee would be hired. Since free market is not only in goods, but in employment as well.
jalexoid 2 years ago
@jalexoid
1)the bottle-neck monopoly there really is today is on money, govts with central banks decide where the money must flow and it only flows in the pockets of big corporations
2) If there is a free market without rules, everyone would be employer himself, you won't need to find a job as employee anymore. Free professions would be the rule, not the exception
fresniak 2 years ago
"too big to fail" is not a concept that derives from free market capitalism that is completely wrong. this comes from govt
ferrozm 2 years ago
@ asdqwezxc69:
It speaks volumes about the ex-Paultards commenting on this video. Of course they can't tell the difference between Keynesian and socialist economics. According to their crude and ridiculous 'analysis', any action or project undertaken by a government amounts to 'socialism'.
niriafanorev 2 years ago
because it advocates the distribution of wealth through a central planner.
ferrozm 2 years ago
Trotskyists are neoconservatives? Are you fucking serious? Can anyone be this goddamn stupid?
niriafanorev 2 years ago
wow. you don't know much do you? of course they are.
ferrozm 2 years ago
I don't worship the state, I simply realize that it has been the most important part of society so far, and it makes me laugh when people try to steal its thunder and give it to the private sector. Too big to fail is not from free market capitalism, but it is a result of American capitalism.
I reject Libertarian fantasies because anyone who thinks that the state and the privileged are, ever have been, or ever will be opposing and conflicting forces, is, plain and simply, daft.
IPlayWithFire135 2 years ago
Not to mention that the most dynamic sectors of our economy, computers and the internet, were not created by entrepreneurs in a free market, but were subsidized with public money through the state.
DanMorgan98 2 years ago
Awesome again in Part 2! 5*****
JixMa 2 years ago
Nurture = growth QED if only reality was like that
womblefree 2 years ago
Yeah they're "Moral Compass" tells them to bomb brown people every opportunity they get. Fuck your big gubmint. and fuck you too.
christopher81818 2 years ago
randroids, if you don't like TRNN you're free to go to mises, reason, stormfront, or whatever other website is apart of the right-wing echo chamber
kstorm06 2 years ago
Gov and corps suppress natural cures and free energy technology. Some of those inventors are sent to mental institutes to be forgotten.
VexRiot 2 years ago
Pollin is horribly wrong. If gov would of known what the internet would of sparked, they would of never let the genie get out of the bottle. Like what Sen. Jay Rockefeller (D-WV) said that he wished that the internet never existed.
Jay Rockefeller: Internet should have never existed
watch?v=Ct9xzXUQLuY
Gov and corps hide and suppress any technology that challenges their power. Gov and corps work hand in glove whether the country is capitalist, socialist, or communist it doesn't matter.
VexRiot 2 years ago 2
@VexRiot Well your watching Socialist light Tv bud. They warp and twist things. For electronics are all about the free market because that's the way the elites wanted it. Why because the free market allows for true growth and price reductions.They allowed it because they thought it would serve only them.Now that the tech has fallen into the hands of the people they want to change it and control it. This publication "the real news" is not for free people it's for the progressive socialist.
Edgrot 2 years ago
quell surprise, another socialist, why can't you get on one of the real free market guys, not the fake neo-con type, but someone like tom woods, he's great on foreign policy and economics .
HuxleyWasRight 2 years ago
where does paul dig up these HACKS!!!
loren1283 2 years ago
Such a vague topic.
nurbsenvi 2 years ago 2
Pollin can only think in terms of big government solutions as if private entities don't exist and don't have any motivations to develop products and markets. What a complete crock of manure. Pollin has never had a job in the real world and comes from a life of privilege.
And it should be noted that Pollin isn't merely an academic, he is also a long time political activist.
kmg501 2 years ago
Fantastic video.
MrSuperpunch019 2 years ago
Why it is OK to spend tax payers money on military and not on civilians? Why it is ok be "socialist" with military and not with working people & planet, which actually support the workings & existence of the entire civilisation?
Answer: to spend money on schools and workers is to invest into the weak which is very un-darwinian thing to do thus we live in an animalistic culture which only pretends to be rational.
The solution for this is in intellectual enlightenment...
abilityoflove 2 years ago
Intellectual enlightenment stems from an understanding that without civilisation human being would only be an animal and would not be able to live to its full potential.
Without society and civilisation there would be no individuality, just a pack of animals. To over-stimulate individualism or impose ideology of any kind is actually to regress back to animal stage, because the society is the result of a balanced & dynamic interaction between individualism and the agreed norms.
abilityoflove 2 years ago
"without civilisation human being would only be an animal .. "
And therefore you think that civilization derives from collectivism? What you call civilization, I call sheep that does not want the responsibility to live their life in honest way, therefore they ask the government to protect them and bailout them against honest individuals that are willing to take the responsibility of their actions and want to live free without government intervention in their life.
fresniak 2 years ago
to spend taxpayers money to bailout someone (no matter whom) without the consent of the taxpayers themselves and without transparence IS SOCIALISM and DICTATORSHIP and NO it does not help the poor. I tell you why. You make the rich people pay 80% taxes? You think it will solve the problems right? WRONG, the rich people control the economy, if you tax them by 80% on revenue the prices will jump up by 80% and the poor will be poorer.
fresniak 2 years ago
bullshit. private investment has done waaay more f\to progress technology than state investment. he's dead wrong
ferrozm 2 years ago
You glibly ignore the public monies poured into not only the the weapons industry (virtually the only real domestic industry left standing, and thanks to tax dollars), but various univesities and technical institutions. Your view is sanitized, conformist and utopean.
flyhead2 2 years ago
the money poured into the weapons industry illustrates my point perfectly. Weapons are not a positive contribution to society at all. state funding and all the special interests involved in procuring and convincing public officials to get the funds is what causes the military-industrial complex. as for universities yes, the state funds those but he private ones are way better and were there no state universities private ones would be cheaper. all R&D that the state provides politicizes stuff
ferrozm 2 years ago
@ferrozm: We are no longer in the times when technology can be developed without fundamental sciences. And NO private company will invest enough in fundamental sciences to have an a breakthrough in technology.
jalexoid 2 years ago
@jalexoid: You're exactly right, the capital outlays are massively prohibitive for huge projects like national defense. This is demonstrated by the history of railroads in continental Europe--almost always state-owned, or their construction facilitated by limited-liability laws. The creation of NASA is another viable example. It never would've happened in the 'free market' these guys champion, primarily owing to one factor: risk.
niriafanorev 2 years ago
another terrible assumption. why do you guys worship the almighty state so much.
ferrozm 2 years ago
thats a terrible assumption and there is no basis to this statement
ferrozm 2 years ago
Wow, you got me! RON PAWL '12
niriafanorev 2 years ago
you have no coherent argument so you revert to making fun
ferrozm 2 years ago
War is a business now...
*shakes head*
Livingvibe 2 years ago
the U.S. military complex thinks war is necessary for profit.
KhmerD0g 2 years ago 3
The Hebraic secular Jews may have managed to drop their God, most of them do not follow Judaic law, they are largely secular, and yet 94% of them interpret their Jewish identity as a genocidal mission. They have successfully managed to transform the Bible from being a spiritual text into a bloodsoaked land registry. They are there, in Zion i.e., Palestine, to invade the land and to lock up, starve and destroy its indigenous habitants.
Gilad Atzmon
fishmole2 2 years ago 2
I like you
Gunnarsguns 2 years ago
@fishmole2 Amen
deewana16 2 years ago
war is necessary for economic growth in a capitalist/corporatist neo-liberal system. but hey. fuck that shit. war sucks a fat dick. as does neo-liberalism.
curlyfry1106 2 years ago
Neo-conservatism.
rebouel 2 years ago
what?
curlyfry1106 2 years ago
Sorry, boy, do I have a lot of reading to do.
rebouel 2 years ago
wrong dumbass ever heard of military keynesianism that is what liberalism and socialism advocate
ferrozm 2 years ago
"liberalism" advocates the freedom of the individual. "socialism" is a community-centered economic policy. military keynesianism could be associated with it, just as one could associate a military-centered system with any governmental economic policy
curlyfry1106 2 years ago
War is profitable.
Peace is not.
Human life is collateral damage.
End of story.
marcomariaz26 2 years ago
And therefore,
capitalism is inherently imperialistic and exploitative.
mikezephyr 2 years ago
dumbass. socialism is imperialistic and exploitative trotskyites are still trying to foment a violent "workers revolution"
ferrozm 2 years ago
i could care less what trotskyists are doing nowadays (they're still out there?!)
and you're probably right too. if by socialism you mean stalinism or leninism, then by all means it underscores that a minority ruling class who has most of the capital and all the decision making power is hostile to human flourishing.
mikezephyr 2 years ago
Neo-Cons are Trotskysists.
Liberals justifying of unjust amoral war? WTF?
No War does not create progress.
chewbaca1989 2 years ago 2
good point.
neoconservatism = trotskyism - communism + machiavellianism.
mikezephyr 2 years ago
@mikezephyr so you are saying that Barack Obama and Hillary Clinton are neocons?
RoyalDemonforChrist 2 years ago
Internal Revolution is more effective.
What we NEED is a Global Revolution.
dackjaniels555 2 years ago
Libertarians pwned - the public sector rules
IPlayWithFire135 2 years ago
why do you guys worship the almighty state so much? ridiculous.
ferrozm 2 years ago
Of course you need war with these disgusting economic models. What do you do with all the weapons you build? You go destroy it all, the people who operate them, and all the unfortunate souls who happen to get caught up in this evil. You certainly can't continue stacking this shit up and not use it.
Come to think of it, this is really the whole, dig a ditch and fill it back in model of job creation, isn't it?
tarossi400 2 years ago 4
Noam Chomsky, Michael Parenti and others have pointed this out for decades and documented the fact left right and center too. Important point. Good work RNN
gunthaarz 2 years ago
Exopolitics
ReyesRobby 2 years ago
This has been flagged as spam show
first comment bitches!!!
hanscholo 2 years ago