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About Objectivism 1 of 3

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Uploaded by on Jan 10, 2007

All of my videos come with the background of Objectivism. In case you're not familiar, here is quick and dirty intro to Objectivism.

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  • 4 example when a company produces too much food instead of donating it to the poor it gets thrown away. Capitalism is inherently wasteful. There is nothing objectively valueable about growth compared to raising the average quality of life.

    9. Rome never made any effort 2 "more evenly distribute wealth" or "let workers(who by the way were slaves back then) participate in productive decisions".

  • 7. If it only works in small utopian communities then why not divide it up so the highest sovereign unit is small and larger organizations only exist & can be withdrawn from by those small units?

    8. China is "growing" in the sense that it is making more things & the average income has grown. BUT the average income has only grown for the upper crust. Count them out and it has shrank. Furthermore with growth often comes waste...

  • When you have only 1 person making hiring/pay decisions then that means u only must win the personal like of 1 person. When you got 9 & its majority vote u got2win 5. What magical universe do you live in where 1>5?

    6. In my opinion under capitalism productive ppl(workers) are being forced to give up what they earned to ppl who didn't(capitalists).

  • 5. Based on popularity doesnt make sense. So ur saying a workers gonna vote4some1 popular even if they h8 them? Nobody is gonna to pick some1 on popularity but ppl might pick some1 on personal like & if the person is popular they stand a better chance of getting that special majority threshhold of personal like...

  • 3. Of course you need resources but "money" produces nothing only the resources that get processed do.

    4. Not many negative side effects? The very existance of money allows for "speculation" which lead to the Great Depression and the current housing crisis.

  • Besides letting the government just replace things with money flies in the face of capitalisms "subjective theory of value". If its subjective then the victim should get to decide how much the thing was worth to them.

    2. I didnt say "left it to the son" I said "hire the son". Hed probably get a well-paid position, doesn't mean hed be making all the decisions. Relatives regularly do this & if hes not competent he'll probly be advised by dad2"let secretaries handle the work" if he inherits.

  • @pleeppleep

    1. Currently the law doesn't agree with you. If you buy something from a thief and it is found out that something gets returned to its original owner. And it makes sense. NOT everything can be reimbursed with cash. How would you feel if someone stole some priceless item from you and then they found where it was but still wouldnt let you have it back?

  • @sicktoaster

    wow...

    how'd i get to ranting about the bible? i really went off on a tangent. guess i got carried away.

    sorry about that

  • @sicktoaster

    the same socialistic increases in government that i think killed the Roman empire. the proof that capitalism works is there, but no one seems to want to start there because it doesn't "feel" right. people who grow up with the Christian bible have a sense of duty towards there fellow man. im not gonna lie, the bible does support socialism, but maybe it might be wrong.

  • @sicktoaster

    i mean how many inventions and improvements in both culture and productiveness have come out of capitalism. how many strides have men made under the U.S. and Britain compared to every other civilization in history. think about China which has been communist for decades. now that its using capitalist methods its growing faster than we could imagine. meanwhile America is slowing down because of socialistic practices.

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