Stefbot and Linearity
Uploader Comments (DarwinsHamster)
Top Comments
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If dairy farmers create a monopoly to inflate the price of milk I can boycott milk. If energy companies create monopolies we are screwed. Even with so called regulation the corporations find enough loopholes to get around it. If this happens in a regulated environment what should we expect from an unregulated environment?
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You're committing a common equivocation by speaking of corporatism and anarchism interchangeably. This fallacy has been debunked repeatedly by economists and thinkers at least as far back as Frederic Bastiat.
All Comments (21)
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@crazycatfguy There is far too much nonsense in your post to counter in 500 characters.
But let's start with the obvious:
"The "loophole" was enacted in sections § 2(h) and (g) of the Commodity Futures Modernization Act of 2000, signed by U.S. president Bill Clinton on December 21, 2000.[1] "
wikipedia(.)org/wiki/Enron_loo
phole Sucks when reality isn't on your side, doesn't it?
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shut de fuck up , ur just jealous of sttebot cos hes got a more popular channel
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The Austrian school is founded on praxecology. The study and logic of actions and their motivation. The theory is everything you need to know about economics you can learn with your eyes closed and sitting down.
People will apply the first unit of a good towards their most valued use for it. This is true of any good, including money. Elastic on inelastic doesn't matter, Austrians cannot predict the particular values people have at any given time but the relation of values to actions holds true.
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Actually no, there is a limit in place on the price of energy. Solar energy currently cost 200 dollars per barrel of oil energy equivalent, and small wind generators are even cheaper energy.
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Anarchy deregulates business. Many historical examples of why that does not work. When Thatcher deregulated business in the 70's it created a monster that effected the world wide economy negatively. Google the Enron loophole and see what happened when Bush deregulated the energy sector. What specifically about this works?
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Maybe you simply didn't understand, because the ideas are in practice now, and they work.
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I used to be an anarchist in the late 80's but gave it up because I think it one of the millions of ideas that look good on paper but will not work in the real world.
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Crazycatfguy, there are hundreds of podcasts addressing this and many other criticisms on his site (freedomainradio . com).
What would stop his DROs from forming monopolies and since they control your access to society charging so much that it puts society into poverty?
crazycatfguy 3 years ago
My guess is that his answer would be competition. But there's a lot about this I don't understand. I wish there was a way to do experimental research that wouldn't be potentially more destructive than what we have now to try some of these things.
DarwinsHamster 3 years ago
Man...I miss your videos. Keep 'em coming.
howtofoldsoup 3 years ago
Like throwing gasoline on a fire. Thanks.
DarwinsHamster 3 years ago