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RE: Free Market Capitalism FAILS

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Uploaded by on May 9, 2010

This is a response to TJ, TheAmazingAtheist. I think it might be one of the worst videos ever made on YouTube. The sad thing is that there was more I could debunk from that video, but once I get past the major claims, there really isn't any point.

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  • Seven minutes of solid debunking. NIce.

  • TJ is a funny guy, know a lot about atheism, but is completely ignorant on economics. I guess that's why he's a left liberal instead of a right libertarian.

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  • You sir are my hero!

  • "If that were the case..."

    The poverty rate in your country is almost 15%.

  • Este maricon es un estupido.

  • i am not dissing capitalist ideology and the dynamics of economics or the freemarket. Just the fact that greed stinks, taking advantage of people in worse of positions than that of their own is unforgiveable and is done by so few who damage so many. Larry maydoff is a prime example of the unbridled greed money brings to some people, Enron, fannie may, freddie mac, Liebermann are prime examples of large companies that brought the world virtually to its knees. I could go on and on

  • @aprc1977a

    Crony Capitalism isn't Capitalism.

    Free Market Captislism is best described as "laissez faire", never is it said that it calls for Government internvention to bail Banks or a company out from bad decisions.

    It doesn't matter what you may think of Capitalism, this is COUNTER to what its about, fact.

  • @AlaskaFinal We could go on and on my friend lets just be glad we don't live in North Korea

  • @aprc1977a

    "you are not going to tell me that the gangsters on wall street would not stomp on their competitor as soon as look at them. "

    No, I'm telling you Wall Street is a textbook case of CRONY capitalism.

    TRUE capitalism, is where businesses are NOT bailed out, where they DO NOT have the ear of the Government, they DO NOT get subsidies.

    Risk is the natural limiter in capitalism, if you mitigate or eliminate the risk through Gov't intervention, the system will fail, just as it did.

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