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Shared with the League. You're right, as usual. I've heard so much of what you have to say that it surprises me when you're wrong.
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@ProIndividual I don't think I did conflate the two. One is pointing a gun at your head, the other is buyer beware.
Stefan IS an anarcho-capitalist. In market economics is there not the possibility of capital concentrating to the few? And how do we switch from what we have now to the "free market"? Are all those that have most of the capital going to be allowed to keep their ill gotten gain?
In my 20s I was in the fucking Army. I voted for Reagan because it was good for the military. Feel me?
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@ProIndividual (cont.) What is yours? We are all running around snatching up raw materials that are also a gift. It's a stupid game we were all thrown into without our consent.
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@ProIndividual It may be jealousy, but I don't think it's petty. None of us chose our circumstances.
What is a dollar? I am saying the standard should be amount of work done.
Mental acuity is a gift. There isn't a person alive that created their own brain, it was given to them. There is no cause for boasting. Machines are not making us all richer. As in, tell the unemployed that machines are making them rich.
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@DeterministicOne And please, don't conflate state dependent capitalism like Keynesianism and Mercantilism with free market economics...they aren't the same thing.
And I'm not an anarcho capitalist. I don't believe corporations should have personhood...that's the doing of the state. I'm an individualist anarchist who happens to prefer market economics because I've read a lot on the subject. In my 20s I would have been a leftist statist...and agreed with you on money.
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@DeterministicOne That seems like petty jealousy to me.
What arbitrary line would you like to draw? 1$? 2$? 2 million dollars? It's nonsense.
It's not outrageous given labor doesn't produce as much as mental acuity in today's economy. Machines are doing more and more of the labor, and it's making all of us richer in the long run.
I'm all for your chosen VOLUNTARY economics...just leave me to mine. No uniformity is possible w/o coercion. I'm anti-democracy as well, BTW.
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@ProIndividual It seems to me that money should have some standard. I think it should be amount of work done. Currently, CEO's can make, what is it, 500 times more money than the people actually making something. I think Stefan agrees that this is outrageous, but it's the basis of capitalism, namely, extract a profit from the workers. Anarcho-capitalism seems to be an oxymoron, which is why I prefer anarcho-syndicalism.
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@DeterministicOne it's whatever people choose (not one thing necessarily) as a medium of exchange (to make transactions more effecient and easy than barter) in trade.
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That was a good description of what money is in a statist society, but what is money in the free market?
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Lots of common sense and pure wisdom here from Stef. Fantastic video A++
"Law is an opinion with a gun"... Spot on.
tomzorz88 1 month ago 23
Stefbot has changed my life :)
spystyle 1 month ago in playlist Favorite videos 21