"You Didn't Build That" Original speech by Professor George Lakoff of Berkeley





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Published on Sep 2, 2012

Here we have professor George Lakoff giving the original "You didn't build that" speech in November of 2006. In this short clip Lakoff says that there is no such thing as a self made man. He claims the only reason people can make money is because of "government" banks and stock markets. Now the government and banks are fairly inseparable because of bailouts and fractional reserve nonsense, but they are ostensibly private.

His lack of historical understanding is painfully apparent in even such a short clip. He talks about government building the interstate highway system, hospitals, and banks as the reason for a "self made man's" success. In the industrial revolution, where the United States saw the greatest increase in prosperity in the world, none of those things were government run. So how can he explain this explosion in growth during a time of such limited government? I doubt he could...

He also mentions government support of banks and the SEC as positives. This video was made in 2006 before the bailouts and plunge protection team actions in the stock market. Professor Lakoff must view these as mighty fine developments. The banks and the stock market are one of the greatest grifts of all time. These are the places marks go to get fleeced.

One final thought about his speech. Many "you didn't build that" supporters have suggested that business owners have had help along the way. This is correct. Their employees, suppliers, friends, family, investors have all helped that person succeed. We've been able to articulate that since Adam Smith (butcher, baker, candle stick maker). That is counter to the "you didn't build that" crowd which says that it wasn't the free association of individuals that helped business owners succeed, but government force. Time and again we see this to be false.

Compare to Elizabeth Warren's speech: http://youtu.be/i-P-CoSNYaI

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