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The Economic Propaganda Machine

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Uploaded by on May 27, 2010

How the public is conditioned at their own expense to accept their economic exploitation. The outrage of non-science being taught as fact in our educational system should be protested by intellectuals and scientists everywhere.


Keywords: economics dollar money banking collapse inflation Keynesian Austrian science religion education lies exploitation markets propaganda machin

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  • Monopolies.. interest rates propaganda.. Banks Governments ὀλιγαρχία, oligarkhía inside Governments.. intentionally failed.. economic cycles.. rinse repeat

  • @danger0usknowledge, what I'm trying to convey to you is that politicians have little say in the expansion and contraction of credit; although they should. If the people retained the power to create money, politicians would be forced to return their accountability to its proper source.

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  • @jmel93 if these arent given as basic human rights what you get is the masses struggling hand to mouth and a select few who are wealthy beyond any sane measure. the down side is only that these few dont have as much desposible cash. i dont see that as a problem.people argue with this because they hope or dream of being in that elite status group damn the rest of us.

  • @SRT480 I have since finished school and the economics course got became insane. They (the teachers/textbooks) pitched to the class that global markets utilising slavery or poor working conditions (referred to as an "efficient and competitive labour market") are fantastic. They also argued that minimum wages should not exist and consequently around 15-20 students in my class agree. In my opinion a minimum wage is the pillar for human rights, as food, water and shelter all need to be purchased.

  • @jmel93 its funny how school books show so much bias, i remember within a two year span the same books at my school went from middle of the road view to very biased by ommiting facts that were critical. good luck!

  • Even with applying a logical process isn't enough to make predictions because we don't hold things constant in the real world, and often times independent factors come in and can enhance or dominate the effect you predicted. At best we can only make qualitative analysis or quantitative only by making the statement that the results will only hold if nothing else affecting the variables changes. So I don't think the point of the theory is empirical prediction and I don't think it should be.

  • @jmel93

    I think you have some ideas wrong or not fully developed by reason and information. Keynesian economics is flawed just read the history and what was going on at the time. Read Keynes's pre-position, mid position and then after position. Read his opponents and what he said to them. Keynes admits his theory or idea was flawed and disproven by his opponents and individuals like a hundred years before. He said he only wanted it practiced(at one point) for the the great depression.

  • Austrian School of Economics. Hopefully, Ron Paul will be somewhere in the next 2012 administration.. Great job! Very insightful.

  • I am very interested in knowing what you did or what system you followed to be able to retire yourself in your 30's...what books have you read? etc...great posts!

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