Anarchy and Economy p1: basic concepts

This video is part 1 in a series of videos I will be producing on the topic of economics and market anarchy. I am turning my attention to economics because this topic is quite possibly as important -if not moreso- than the topic of religion. What we believe to be true about economic theory has far reaching implications. What we believe about economics affects how we run our societies, what sort of government we should support -if we should even support one at all- and the very nature of morality and justice.

In this video I discuss the basics: essential concepts and definitions.

In future videos I will focus on specific arguments and concepts. I will be arguing throughout the course of this series that anarchism is a naive and flawed ideology, and that economists and capitalists goal of maximizing market growth is short sighted and self destructive.

Category:

Education

Tags:

• neotropic9
• anarchy
• economy
• capitalism
• libertarian
• objectivism
• invisible
• hand
• free
• market

[NYYankeeHater66]

Why did you include a picture of Emma Goldman in this video? She has nothing to do with market anarchism.

[neotropic9]

I haven't watched the video since I made it so I don't know what you're talking about.

[JesseForgione]

I thought this would be great at first. At the beginning you say things about economics that are quite profound. But it's Statism that is a naive and flawed ideology. And you could not know what "market growth" is if you can call the goal of maximizing it "short-sighted." Market growth is specifically the improvement of future conditions (satisfaction of human wants) through the investment of present capital and labor. It's defining requirement is far-sightedness.

[AlanCom1]

Also, I agree with you. Regulation is bad! Very bad.

[Pi11z3ury]

You are a naive and flawed narrator lol

[kutthroat84]

anachro-capitalism is by-far an oxymoron..

[yourboyken]

Zeitgeist the movie, watch it!

[princessotto]

justification?

[elpapaya94]

I don't quite understand anarcho-communism. Communist ideology obviously states that production should be equally distributed among laborers working in a union of market and state. Altering the concept of communism to fit the principles of anarchist economy completely changes the purpose of communism itself. I thought that the only anarcho-communism and most other forms of communism where only related when it comes to economy, but apparently, i'm wrong.

[wowtrax]

You can't have read any of Smith's work and have that opinion. Just look at how many subjects his writings have covered:

Economics, history, law and government, language and the arts, astronomy, ancient logics and metaphysics. In addition to tihs he was also arguably the first classical economist, who was years before his time.

[teewillis1981]

Emma Goldman was a communist.

[Thebeatinginmyheart]

why compare it to religion? :S

[mikeyooh7]

Have you even read The Wealth of Nations?

Everything in it makes perfect sense and seems to be natural inherent. Smith was not an market anarchist and cared greatly about the struggle of the poor created during the industrial revolution. He believed that the government had an obligation to the poor affected by capitalism. You should really read it he is one of the brightest men to every write about economics and uses simple examples that the ordinary person understands.