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Free Market Fantasies by Noam Chomsky 1/5

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Uploaded by on Jul 17, 2007

Hallo co-enraged,

I just want to bring you some of anticonsumer`s censored videos back...

http://www.youtube.com/profile?user=ProFreeSpeech

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  • @skoona08 I thought Gorbachev had already been doing that sort of thing and you don't mention anything about bad things happening during his rule. Might you be making the error of assuming that the correlation of bad things happening at the same time as cuts to social spending infers causation? Margarat Thatcher did a lot of cutting to social spending in England and their economy kicked ass, similar story with Canada, so I think that rules out that as causation.

  • @gulbrik, The US save Russia during the famine of 1921-1923. After the collapse of the soviet regime, the RUSSIAN economy collapsed even further after Yeltsin followed the advise of the IMF and many neon-liberals to gut social spending and let foreign corporations buy the state assets. Russia is still suffering the effects of those policies as unemployment is high, and they have more poverty than ever before.

  • @gulbirk FDIC insurers depositors, not banks**"The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created by the Glass–Steagall Act of 1933. It provides deposit insurance, which guarantees the safety of deposits in member banks, up to $250,000 per depositor per bank as of January 2012. As of November 18, 2010, the FDIC insured deposits at 7,723 institutions***

  • @gulbirk Absolutely not, that's why we get rid of the FDIC and prevent banks from betting with taxpayer money, and therefore causing a financial collapse.

  • @gulbirk We were talking about the USSR I thought, not Russia.

    I never said progress is impossible under socialism. Just like any system other than the best conceivable system, currently anarcho-capitalism, it simply slows down progress greatly, especially in its later stages. A sufficiently bad system such as an authoritarian pseudo-communism or pseudo-capitalism can reverse progress.

    If that's funny to you, I've got a whole bunch of tautologies I could share which you might find hilarious.

  • @theredscourge Yes. because the USSR consisted of MORE nations then Russia. Russia cracked down under Boris Yeltsin, you need a history lesson.

    Ok, so if I point at progress you will simply assume that it happened in despite of socialism, and if there isnt progress you will say its because of socialism, LOL.

  • @gulbirk I am not saying you need independent statistics, just that you need statistics which 1) exist, and 2) were not tampered with. I know of none that meet even one of those criteria, though I keep hearing claims that living conditions improved greatly under communism. Maybe they did, but not due to communism; rather despite it, just as we progress despite authoritarian crony corporatism.

    In Wikipedia: "Dissolution_of_the_Soviet_Uni­on", the first two paragraphs conflict with your claims.

  • @theredscourge What compleate and UTTER nonsense. There is available statistic from the time in which the USSR existed that was NOT created by the USSR.

    Yes, there was a massive break down in the USSR when Boris Yeltsin took over because they introduced market forces over night.

  • @AccumulatedKnowledge So whenver there is a finiancial collapse we should just let society collapse?

  • @gulbirk Yes, the US did save people in Russia from starving to death. One of the things that followed the collapse of the USSR was a giant burst of foreign aid from the US to the fallen USSR.

    What the USSR has to do with it, is it is a prominent reminder of how good collectivist policies are at miserably failing.

    If I bothered to look up statistics which dont exist you mean? Few statistics are available from the USSR, and none that weren't doctored by their government to boost national pride

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