The Anticapitalists: Barbarians at the Gate | Larry Sechrest

The Mises Memorial Lecture, given by Larry Sechrest at the 2008 Austrian Scholars Conference, Ludwig von Mises Institute, Auburn Alabama; 15 March 2008.

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[Invirtuo]

I assume from your username that you are a Marxist. Marxism wasn't very successful in the USSR, I would actually go as far as too say that today's "economic chaos" is preferable than the 40 years of permo-recession in the Soviet Union.

Also, you are gravely misguided if you think any of the Austrian school's fundamental policies have been implemented in recent times.

Most economists agree that today's depression is a consequence of government failure in monetary policy

[BLUEANGEL7777777777]

Socialism is great until there is no more money- then you take a step down to Communism- and live the good life like The Chinese slaves.

[aseredy]

@BLUEANGEL7777777777 From what I've been able to gather, China is doing pretty well, because they've been "out-capitalisting" us. I remember seeing somewhere that they now have the largest concentration of millionaires in the world, and the poverty level has been shrinking quite fast. Not that I want to move there, but it could be a good lesson for our own wise and all seeing economic overlords. At least they might see the virtues in allowing us to keep our own property.

[paunocu666]

Mises books are being sold in Brazil by "Instituto Ludwig Von Mises Brasil".

This is awesome :)

Do you know what we learn in brazilian high-colleges ? Marxism :) hahaha...

sry about my english, I am a barbarian at the gate

[Arctura42]

@cedricalien As do we all...

[mikedans55]

When in history could a man and a speech *like this* be seen by 14,400+ people around the world for a few dollars of electricity?

[mikedans55]

"Capitalism" is to economic laws what "Gravity" is to the Newtonian laws of the physical world. Saying you are for capitalism is just as dumb as saying you are for gravity. Duh, of course you are. What else are you going to do. Free market economics is the architecture of working with capitalism/gravity to realize it's properties and work with them in a harmonious way. Socialism, Communism are like an architect who tries to build his house upside down. Pain results.

[alistairproductions]

Is he related to Ryan?

[CivilizedMan444]

… Rubbish.

… Intelligent and Truthful lecturers would start by defining “Economics”, which must be “the Science of Fulfilling Consumer Desires Efficiently”.

… That would indicate that neither Socialistic Slavery nor primitive Money Barter and Market Capitalism are economic topics, so both should be excluded from discussion and comment.

… Start your economic education by reviewing “The Revolutionary ConsumerCard Article”, then "The Great Pyramid, Why Was It Built".

[jimmyjamesWang]

@doughtymqan, SO WHAT? You westerners disgust me. You guys talks and talks and talks for ever, telling everyone that it is wrong for the government to intervene on the economy, but every damn western government does it anyways. Trillions of tax-payer's is still being given away to irresponsible corperates, don't you boast to have democracy, dont you guys hate socialism?

[jimmyjamesWang]

@BLUEANGEL7777777777, China government is in fact much less powerful than the US when it comes to controling its people because no Chinese trust their government. While in the US, the people trust their government so much that even if they government is OBVIOUSLY stealing from the people, bailing out corperates that shouldnt be bailed out, spying on its people and restricting their freedom in many more subtle ways. You can protest, but the gov still does what it does.

[jimmyjamesWang]

@BLUEANGEL7777777777, fucking fool like you are the reason why the people in the west are not standing up to Socialism in the west in the form of corperatism. Because you always think that just because there are people who are living the worse condition in other countries, it is nessesarily true that your country are good and right in everyway, lol.