Anarcho Capitalism is Terrible

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Uploaded by on Sep 12, 2009

1) Wages are only set by supply and demand in certain third world countries such as the free trade zones I have made links to. Wages in developed countries are far higher than they would be were the labor-market unregulated.
2) It is universally accepted by economists that when there are economies of scale that monopolistic competition will naturally develop.

It economic theory is explained in the following link.

http://www.econpage.com/201/ha­ndouts/natmonop.html

Why anarcho capitalism is terrible

It is hard to prove any point to people who refuse to read. I will consistently encounter people who tell me I don't know economics yet refuse to counter with anything resembling economic theory. If you have studied economics you should be able to understand this theory. NATURAL MONOPOLIES FORM WHENEVER THERE ARE ECONOMIES OF SCALE...
Everything I have stated is backed up by sited sources. Where do you ancaps get the nerve to just refute it with nothing but your word?
ANYWAY the theory is explained here
http://www.econpage.com/201/handouts/natmonop.html


I want to stress that the conditions shown are those of UNREGULATED industry. Wages are determined by the Market as are conditons of labor. These are situations where government keeps it's hands out of industry
You don't want government choking your buisness by forcing this nonesense
http://www.youtube.com/watch?v=BD0U6Df3ReA

Articles and Videos showing Free Trade Zones (ANARCHO CAPITALISM IN ACTION)
as well as working conditions in Europe/America before 'evil' government started restricting honest buisnessowners.


http://nhs.needham.k12.ma.us/cur/Baker_00/2002_p7/ak_p7/childlabor.html
http://www.capitalforcommunities.org/articles/ftz.html
http://www.tni.org/detail_page.phtml?page=asem-seoul_008weerasuriya
http://www.schoolshistory.org.uk/IndustrialRevolution/workingconditions.htm
http://www.youtube.com/watch?v=hIDZqomhz0Q
http://www.youtube.com/watch?v=1XtYhfcEZ9A
http://www.youtube.com/watch?v=pTIfY9SmJdA&feature=related
http://www.youtube.com/watch?v=Ke70ZrYFJ_U

.... mmmm thats good capitalsim....

Some Basic economics

http://en.wikipedia.org/wiki/Standard_oil
http://en.wikipedia.org/wiki/U.S._Steel
http://tutor2u.net/economics/content/topics/monopoly/natural_monopoly.htm http://en.wikipedia.org/wiki/Economies_of_scale
http://en.wikipedia.org/wiki/Lerner_index
http://en.wikipedia.org/wiki/Monopoly http://en.wikipedia.org/wiki/Oligopoly


In conclusion I have determined that Anarcho-Capitalists fall under one of two catagories.

A) Heartless industrialists / believers in social Darwinism. People who honestly believe these people should be working for slave wages under slave conditions and that we should widdle down the ruling class to the few amongst our wealthiest who with the absense of government will have the means to live as modern day feudal lords.

B) former idealists, or still idealists who have wavered between leftism and libertarianism. Super against drug laws, not too fond of cops. Know some economics. Honestly believe that the surge in capital that would follow the removal of taxes would last forever. Have been looking at the world too long as a place where I can pick berries and exchange them for a guitar and not a place where a large company, be it a corperation or simply a large firm, will own the factory where berries and/or guitars are processed/made. I used to fall under this catagory but I know see how rediculous I was. I suppose that is why I am so opposed to the name. THe same people who STOLE libertarianism as a political term are now trying to steal anarchism.

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Uploader Comments (poleske)

  • Anarcho-Capitalism is essentially how America began. What you see today is the natural development of humans acting under relative free choice. Capitalism has always been the default position of human societies.

    One weakness of Anarcho-Communism is the abolishment of private property, which has been the foundation of human rights for over 500 years.  When individual rights are eliminated, bureaucracy naturally takes over. The vision is beautiful, but the process is coercive.

  • @TheBalancedAmerican -

    Your comment is academically dishonest Anarcho-communism and other radical leftist ideologies rarely prohibit private property the basis is public ownership of the means of production. Even Marx in his manifesto specifically states that people should be able to keep their houses and personal possessions. But the purpose of this video is not to advocate for anarcho communism it is to show that Anarcho Capitalism has been and would be terrible. 

  • @poleske :To add to that yes, our nation started off relatively anarcho-capitalist. Our success as a nation has been because we reformed this. AKA... labor law assuring people have decent work not child labor and sweatshops..... laws preventing the wholesale destruction of our environment;... laws assuring our food is safe... public education and libraries... well maintained roads and infrastructure. ANCAP only worked "for some" when there was a seemingly endless western frontier to exploit

  • Anarcho-communism is terrible. "At the root of all forms of communism, compulsory or voluntary, lies a profound hatred of individual excellence, a denial of the natural or intellectual superiority of some men over others, and a desire to tear down every individual to the level of a communal ant-heap. In the name of a phony "humanism," an irrational and profoundly anti-human egalitarianism is to rob every individual of his specific and precious humanity." Rothbard

  • @timothypaulrayakatim Did I mention communism once in this videos? Have I promoted communism once in any of my videos? This video is a logical argument for why Anarcho-capitalism is terrible. If you disagree with my assertion you can attempt to challenge one of my points.

    If you want to defend your system, defend it.

    Don't just attack what you assume is my system.

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  • @poleske As far as Anarcho-Capitalism. Does anyone seriously advocate anarchy? I lean towards libertarianism though. I think most decisions (education, healthcare, unemployment) should be made closer to home (The States).

    The role of the Federal government is to regulate the free-market, set legal precedent when the states can't handle it, and wage war.

    Currently the Fed consumes about 2/3 of the tax base, the States 1/3. I'd like to see those ratios reversed. =)

  • @poleske I don't believe in a purely capitalist system. It is possible for capitalist activity to infringe on the opportunity of others, which is against the spirit of liberty and should be against the law.

    Reforms have led to both good and bad things. You ones you mention here are mostly good. It is how we learn, and we still haven't gotten it right yet. Regulating markets is defiantly an important function of government.

    I've been very interested in monetary reform currently.=)

  • @poleske I understand the vision of Marx. I simply think that collective ownership of production leads to bureaucratic control of resources; a central planning model. How can property rights be guaranteed if you have no means to acquire property? The state would need to "issue" property to you which limits choice and freedom, imo.

  • @timothypaulrayakatim about it all over the internet. The bottom line is that every system exploits the individuality of everyone in some way. It is impossible to avoid it.

  • @timothypaulrayakatim and benefit himself. But the problem with your individualism is that the real value of the individual can't be determined by just them. The reason why they are successful is because of environmental factors, too, not just because they are intellectual people. The most dangerous thing about anarcho-capitalism is the detrimental affects on the environment that it would have. And "green capitalism" has been refuted over and over again. There are essays

  • @timothypaulrayakatim hold back individualism much at all. In libertarian communism, it would protect the individuality of the maybe less practical and exploitative person. Intellectuals would be able to extend themselves through their creations. And individuals would be able to own houses, and personal goods, and consumer goods. The only thing being collectively owned is the means of production. It would be possible in libertarian communism for an individual to work harder

  • @timothypaulrayakatim Who ever said that a single system was perfect? First of all, anarcho-capitalism would collapse in 5 minutes. Also, exploitation isn't intellectual superiority. I believe in economic equality up to an extent. Relative economic equality does not hold back individualism nearly as much an anarcho-capitalism does. In anarcho-capitalism, the less intelligent (who are individuals), have to submit themselves to menial jobs. In fact, economic equality does not

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