 Hello am I back? I don't think I am. Oh my god Yeah, are we back? Paging Houston. Is anybody out there? Ah, okay, right Greetings once again people. Let's roll the intro evils of free-market capitalism. Oh, yeah Funny I have completely forgotten what question I was getting to last Yeah, I think the feds infiltrated us Got D-dost by GCHQ The Bank of England the Bank of England put a hit out on my internet. Okay, we're all good roll back All 17 of you went down from like 65 to 17 viewers. Gotta love it Right I'm gonna I'm gonna get on with this so when people come back they're not coming back to some boring Guys is this is it started a new? literally a whole new stream Like a Is this streaming on the same page? That I had on before or is this didn't give you like another notification and it's made a new video essentially I'm making any sense. It's a new one. Ah Jesus, man That's ridiculous. I'm gonna have to hang on bear with you. I'm gonna put the link to the new one out Yeah, I can see it's a new URL. Oh, man. That's fucking useless YouTube is a terrible streaming platform It's awful and that just goes to show why I can't even just never mind Alright, let's not rant too much about it. I'm just gonna pick where I think I was and where I left. Ah, okay This catches my eye Braddock Lorda. Oh your Robert Edwin house in the discord my Romanian fella. How's it going? Yeah, I'm having difficulties pronouncing your name again, mate What do you think of crypto anarchy as a means of achieving agorism and anarcho capitalism? Well, it's another one I've made a video on let me Once again bring it up so you can all see which video is I'm talking about here we go This one how technology will make government obsolete I basically said Yes, so sorry, I'm getting fucking sidetracked or I said Agorism is essentially inevitable Through the advancement of technology whereas lots of people are so pessimistic about Technology and what it means for individual liberty. I believe it is a liberating force rather than a pressing That's not to say of course governments can't use it to their advantage to try and enforce tyranny, but the growth of Technology is at a rate faster than governments can keep up and regulate with so I believe crypto anarchy is the way forward of global Liberation where as I said if you want an anarchist society in your own lifetime, you're gonna have to just go out and make one This is one possible way that global Anarchy is inevitable the government simply cannot keep up with technology it will always grow a rate faster than they can catch and That just that should just sound beautiful Now Liberty essays thoughts on left Rothbardianism I Don't really understand what it is so someone recently on Instagram has trying to be talked to me about it and it's been talking about a C4 SS the Center for a Stateless Society, which is like a Kind of like the mutualist me mesas Institute Or just generally market socialist overall and I think When when I've heard left Rothbardianism being brought up it's because of Obfuscation in definitions of what Rothbardianism actually is and what Rothbard actually stood for so Some people's like you could say our Rothbard was left-wing because he didn't like big business and government interference in the economy Yeah, obviously he didn't but why does that make him left-wing? if Being a free market libertarian means to be against big business because big business gets big by using the state as a tool That doesn't make you left-wing to acknowledge that the current state of quote-unquote Capitalism that we have is bad That's what we do all the time what we spend all of our days doing that doesn't make us left-wing for saying that the current system is fucked We know it is but we have completely different reasonings to the left So I don't understand what left Rothbardianism is meant to be It's it's it's it's just imposing a wrong definition of what capitalism is a True unbiased definition of capitalism is a system of private property and markets and we have that But we don't have what we would bought free market capitalism and the type of capitalism we push for of total individualism in the economy and social life We don't have that and it's all because of government picking winners losers and Enforcing tyranny that doesn't make you left-wing to acknowledge this. It just makes you a libertarian So I guess I'll look into it because I don't really know and I don't understand what it's trying to be But I don't want to besmirch something that I don't understand But we're straight on to another question by the Liberty essays What are your thoughts thoughts on worker cooperatives and market socialism? Okay Well, this is something that caused a heated argument on my Instagram not too long ago when I made a post saying We don't need anarchist unity But what we need is anarchists of all colors to stop going you're not a real anarchist Face the wall and threatening each other fucking useless Voluntarism of all forms it's just the way to go if you want to be a Anarcho-communist great go live in a voluntarily anarcho-communist town Do you want to be an anarcho-capitalist? Great go and live in a voluntarily anarcho-capitalist town mutualist I was gonna say and prim, but I don't know go live in a bunch of tents Wait any I don't care What your economic preferences are as long as you put anarchist as long as you put the anarcho part of Your name first if you're an anarchist before a capitalist Then you can Accept the existence of any other anarchist who puts that before their economic system and just don't live with each other Just go your separate ways so I don't Initially hate any sort of socialist as long as they are willing to be an actual anarchist socialist But what my thoughts on worker co-ops? Of course, they are necessary, but I do not believe they will Come anywhere close to being the norm So why why consider a good mutualist is someone who says a totally free market will arrive At a market where there is zero profits zero interest and everything is run as a cooperative That's a good mutualist a bad mutualist says no, we need to force everyone to work in co-ops We need to force no profit. We need to force no interest Because then you're not a market anarchist at all. Are you? So I would all we can simply do with good mutualists is agree to disagree where we say okay No, we believe that there will be hierarchical firms and profits and that these serve important functions in an economy and a society but May the best man win shake hands go our separate ways have a mutualist society have an Ancap society and see who does the best and I believe of course there can be worker co-ops in Any sort of capitalist society there's a there's a Communist co-op in my city that is a restaurant or a cafe and it clearly does all right for itself It's been there for a long time, and I don't have a problem with its existence at all It's simply taking part in the market You can't fault anyone for doing that But I just simply believe that co-ops are not scalable Enough to become the norm. They will not they will never be the majority Profit-seeking firms. I believe will be the majority because of the whole long list of incentives that that brings For economic advancement Okay, then rag tag matty again What introduced you to libertarianism and anarchism the first thing that ever introduced me to libertarianism was Watching videos of Milton Friedman talks on YouTube. It's what got me interested in libertarianism and economics so I can I can you can go on for a long time when you become an Ancap or just an Austrian economist about the shortcomings of Friedman the Chicago School of Monetarism, but I think it is truly ungrateful to simply say That he is not a libertarian or isn't worthy of admiration I have great respect for Milton Friedman for introducing me to libertarianism and economics as a whole But what introduced me to I want introduced me to anarchism. I'm not too sure I really don't know. I don't know what made me first hear about it as some, you know, not just being our chaos But like I always say what made me become an Ancap rather than a minicist Was chaos theory by Robert Murphy where he explains how all the things that as a minicist You think the state is needed to uphold actually know the market can do it all and probably better That's that. Okay. I'm gonna go for a few more questions My voice is starting to give away as it round up does round about this time normally And then uh I'll take a few questions from chat. Okay This is going to be the worst I've ever butchered a name on here. I think let's go with And cross my fingers that's close to right If more Austrian school economics was pursued by governments, would the average person benefit? And how long would it take to see the effect? Oh, I like that question. Would the average person benefit? Absolutely. Yes Inflation so the average person is the working class Inflation harms the working class more than any other Because I had the the richer classes can afford to put their money into Appreciating assets like real estate, gold metals Companies they can buy stocks and things like that a working class family normally can't they put their savings away For when their boiler needs replacing or because they want to go on a holiday just to get a break once every year or two Savings are incredibly important and not all savings are equal In a system of central banking fear currency as we have now where if you if your savings are all in your bank account Then your wealth is being Is decaying all the time for political purposes So that the banks and the policy makers can make themselves feel good and make them You know run all their models that say they're doing well While they are literally making the poor poorer And you would not have this in an Austrian system with no central bank So the average person would absolutely benefit How long would it take to see the effect is the most interesting of questions because a lot of people who are economically literate but opposed to the gold standard Say that bringing back the gold standard would Reduce what's the figure they say? I think they say like it would reduce purchasing power to a factor of four And i'm not sure how they arrive at this conclusion But like I said in my last q&a There is an amazing talk by God, what's the guy's name? Was it Lawrence white? I feel really bad for not remembering his name because he's the chief Austrian Ah, yes, it is Lawrence white Gold standard. Yeah, he is the chief Austrian over at the Cato Institute. Here it is So again, I showed this in the last livestream. I did Lawrence white given a whole thing about how to return to a gold standard And how it wouldn't reduce purchasing power the way that anti gold bugs say it would very very good video Um But again would a gold standard system be truly Austrian or would a free banking system be truly Austrian? I believe free banking So it wouldn't even be a gold standard in the first place There would be a market standard of reserves which probably would be gold, but it wouldn't be enforced It would be market derived Anyway, so how long would that take to see the effects it depends on how the transition process goes but probably Not long at all, especially for the average person if this massive shift were to happen where Central banking policymakers weren't able to pick market losers and winners The people at the top of this statist capitalist hierarchy that we have Would be freaking the fuck out and they would be losing all their wealth because they'd actually be subjected to the market again And not corporate welfare. And that's a very bad thing for this big business But it's great for the working class and small to medium enterprises So the average person could very quickly expect to reap the benefits as shitty lazy bloated big corporations go bankrupt and all of their assets become Purchasable and cheap. So your little mum and pop shop can buy I don't know The local Walmart that's gone out of business because it's not receiving subsidies anymore And what hey, look, mr. And mrs. Jones around the street now own a massive supermarket Look at that social mobility that they have almost immediately gained So yeah, you'd be incredibly optimistic for very quick success if A government ever decided to disband its own central bank, which hasn't happened since Andrew Jackson did it Which is one of the few good things Andrew Jackson ever did right Okay, let's go with Two more because I've answered this question in another video. So I don't want to keep referring you guys all the videos So jude morgan. Okay red sauce brown sauce. I know sauce at all. Oh That's really hard because those two are great. So first of all, I call it tomato ketchup not red sauce call me a yank if you want But I fucking love brown sauce You guys should know I fucking love The gregs vegan sausage rolls, right had one earlier today with brown sauce. It's just a match made in heaven But ketchup I don't know. I hold them both equally. They're both amazing. Uh, never no sauce at all always sauce with anything at all times Marco what you freaking out about? Answer your question. I don't see it Get better at asking questions noob Okay, and our last one here lm 93 th sound like elon musk's son What's the best response to agorists when they claim that a freed market is not capitalism? Again, like we talked about with left Rothbardianism before like I said um it requires a pre-loaded and disingenuous definition of capitalism So if we go with the unloaded fair objective definition of capitalism being a system of markets and private property That's literally what agorists want too, isn't it? That is all they want. So to say that wouldn't be capitalism is Hinged on even conkin admits it. It's hinged on a leftist definition of capitalism that is already loaded with bias through an unbiased definition agorists and ang caps want exactly the same system But they can only say that freed markets aren't capitalism when you say capitalism is when big business and corporate welfare Which is not what an arco capitalists say It's trying to pick a fight over an argument that isn't there And it's it's honestly. It's frustrating. It's just uh imposing your own bias on the world And it's just really really disingenuous And I don't think I don't even think most agorists say that a freed market isn't capitalism Because conkin himself with the class theory says that you have neutral non-status capitalists and bad status capitalists And we all say yeah status capitalists are bad Anyone who receives corporate welfare is bad because we are free market capitalists to the greatest extent that you can be But then so are agorists That's just I think it's just a division trying to find a division that doesn't exist All right boys Let's go to the chat Arco you say you posted it two days ago. Well DM it to me on discord right now And I'll read it and we find some more questions that you I saw loads of questions earlier Change your mind JFK was assassinated by the CIA for trying to get rid of the federal reserve and for trying to defund the CIA Okay, so you say change my mind JFK was assassinated by the CIA for trying to get rid of the federal reserve Well, also remember the fact he was trying to massively cut the CIA's budget and end the war in vietnam and then pop goes in the head Do you consider yourself socially conservative or socially progressive? I'd say I'd lean more on the side of progressive but this it's not the it's absolutely not the Argument a hill that I'm willing to die on because like I say I want it to I want all systems to be able to be carried out and we see which one works the best But I simply believe that one that is Quite in the middle but leans progressive would be the one that succeeds. So that's why I have faith in it Whoa, there's a Greek name So definitely not gonna try and pronounce that asking thoughts on the academic agents youtube channel Uh, very interesting. I don't watch a a anywhere near as much as I should But I catch a few of his live streams every now and again, and I do like the talks that go on. He's very very He's a very smart dude Very clever. I know that he used to be a university lecturer first of all Um, I just need to read I'm in his discord and I need to engage with it far more than I do. I know that All right Ah Marco you DM me a really long message. My voice is going man. Okay, I'm gonna read this and I'll get more up to date chat questions Marco last name says In an Ancap society, what would stop courts pandering to a group of ideologues over any over another purely for profit? Think of it as progressive courts versus conservative courts would these courts panda to one group of people over and other for a profit In the same way how starbucks panders to leftists and hippies while black rifle coffee company panders to conservatives and vets For example with the joy of george floyd incident A large amount of americans wanted to see the cop that killed him sentenced to jail for life While another part of the country believed he did nothing wrong and should have been set free If the cop, uh, here we go Uh, oh there we go took a while No, I thought nice sucks dude. I was playing warzone earlier Which is all right, but I'm loving playing squad at the moment. That's my game. I'm not too keen on battle royale's overall But thank you very much for the donation and the question Uh, if the cop landed in a progressive court, he would most certainly land in prison vice versa with the conservative courts How would this be stopped if it even can? I believe Oh, simply. Oh, it's Dylan. Hey, dude. He gave me that donation Well, surely the the only thing you want in a court is for it to be impartial And for the whole reason of how private courts will work going into competition and association I don't believe any courts that pandered to progressive or conservative views Would be successful at all No matter how Enraged the public are I don't I don't think a legal system that is hinged on Uh, what's the word I'm looking for public Reputation would ever display bias. It would have to be completely I just used the word that I'm trying to think of man. Oh god. It's been going on for too long Objective, I guess is the word I need impartial It'd have to be impartial And I simply believe a court that tried to impose any sorts of societal view I'll back Ali philosopher as the question. Okay, I'll go back and find that in a sec Yeah, I do know their channel Do you think voluntarism and anarcho capitalism are synonymous? Normally, yes. I think that voluntarianism and any kind of anarchy are synonymous It's only anarchists who want to kill other anarchists that aren't voluntarious and therefore aren't really anarchists They just want their own state to do their own thing Uh, Anglo, what's your MGE elo in the last TF2 MGE server you played in? No idea. I never ever checked my elo But I used to love playing MGE on team fortress too. All right, let me go back and find back Ali floss. Oh It's right. How did I miss that? Oh, okay Back Ali philosophy a channel you guys should all check out if you don't know them Um, the voluntarious and agorist youtube channel. We normally go toe to toe on subscriber count So I'm sure you'll all know them. Go check them out They asked me thoughts on the enclosure acts Now that is a very very niche part of british legal history regarding property rights But I will be completely honest. I've I've only heard of it in passing I can't remember what they did. I think from the top of my head they were acts that were enabled to Turn what was legally considered common land, which we'd now refer to as public land into privately owned land I just can't remember How they did it and who they gave the land to I can't remember if it was given to peasantry or barons and manor holders I really can't remember. All I remember is that it set the legal precedent of changing lots of public land into private land That happened all throughout their medieval england Okay What's the best literature to show left anarchists to show them markets and property are good things Human action could be one, um specifically because That wasn't mesas's first choice to name the book. I think it was called human cooperation If that book was called human cooperation that alone Would shut down so many leftist arguments who say that um Capital like cooperation and competition aren't compatible I think human action is a really good one going into immediately into a priori reasoning and then Running from there just as Rothbard does except it's in 800 pages rather than 1400 So that's still a massive book, but maybe it's more convincing to get a leftist to read Why are african countries so poor a lot of leftists playing capitalism Uh, well, we got to remember Africa is a huge continent. So it's not as easy as saying It's like saying, oh, why is Asia so poor when it's not a lot of it is doing very well um, but anyway A hell of a lot of it is to do with government corruption just about all of it is to do with government corruption Actually, the biggest argument against sending foreign aid to Africa is that all foreign end all foreign aid buys Is private planes for politicians corruption is out of this world in Africa and a hell of a lot of poor african countries are failed socialist states So the the only way to get yourself out of poverty is through capital investment And you simply have countries that one Are either shut off to capital investment by being socialist and just shooting themselves in the head Or you have companies that are open to capital investment in the form of foreign aid But that foreign aid just lines the pockets of politicians The absolute answer how to make africa wealthy or even just livable is free market capitalism Allow capital influx to grow their economies to the point of Well, you have to you have to remember the lives that we live Are incredibly luxurious And we got here through capitalism so saying that the reason africa Isn't luxurious is because the capitalism is obviously a joke There's simply not enough capitalism in africa. There is not enough investment Because they can't be with all the corruption that's there. That's the first thing to fix Is the problem of the state? I've got two questions to the row one. How do you respond to this video and then one? What is your thought? My thought is I think therefore I am A competitive reading club will be doing human action for it. I've never heard of a competitive reading club before What do you ah? Here's a good one. What do you think of the bible quote render unto Caesar that which is Caesar's as a justification for taxation? so I Thank you very much lance. I'm sure this isn't the first time you've donated um And a good question. I believe I've covered it Quite extensively so far Well, that's essentially the fact that corporations are a state entity corporations only exist through things such as zoning laws regulation that creates barriers to entry in the market for small businesses and a regulatory and tax burden that only the wealthy can afford to swallow through legal fees and Compliance teams and things like that that require a lot of money Just to make be able to allow to do business obviously favors those with more money than those without unfairly Not through the market. It's an it's an imposed obligation so fuck corporations essentially they are state puppets and but small business represents The true form of capitalism So there we go. There's my thoughts. Thank you very much lance. Um, I'll keep reading what Azalea james said What do you think of the bible quote render under Caesar that which is Caesar's as a justification for taxation? um, that was meaning render unto Caesar that him being obviously the roman empire uh emperor Roman money. So the robins minted their own coins Used it as legal tender and then said, I'll give it back. It's ours This is why taxation is justified and this is the same argument that the fucking modern money monetary theorists use They say, oh, no. Well, it's just the government's money, isn't it? So the government could do whatever the hell it wants with it rightfully so absolute bullshit So that's what I initially think of that quote as for Christians who use it as a justification for taxation I don't really know because then you have to start quoting other scripture But I know there are people like a narco christian, which uh, let me try and find their Yeah, their instagram page an arco christian xp I love this page Absolutely love this page and they talk about it all the time Here we go Christian status render unto Caesar bet you never thought of that. So yeah, they just apparently they just drop that One line and say, oh, that's fine taxation good But there's a whole bloody theological argument you have to get into there, isn't there? And but like mess messiah shepherd says thou shall not steal There you go that completely contradicts any rendering unto Caesar that which is Caesar's just because he minted the coin and you earned it Um Dylan Johnson asks me have you ever heard of ethical Darwinism? I will answer any of your questions I don't think so. Is that like social Darwinism the idea that the weak should just die? I don't know all right boys I think we're about to call time on this stream We had some uh typical boom material and Shit at the beginning and also the stream going down at one point. So it's been an eventful one Thank you very much to Dylan Naruto for five dollars Lance Gonzalez for nine ninety nine and someone else Who was it that donated in the last stream before it went down? crap Skipping my mind Oh, Nicola Oh dear Achimovich. Is that how I want to say your name? Do you believe in free will? Revolutionary brah I'm not answering that question dude. I get asked every single stream. It's not funny Um, do you believe in free will? Yes humans own themselves and they have their own will I cannot stand Uh philosophies like postmodernism that say that humans don't have free will and they are completely products of their environment hate it Completely thoroughly opposed to it. Um, I'm afraid I don't accept dogecoin Yeah, I know Sam Anderson hasn't popped in I'm glad I'm fucking sick of it I'm sick of those donations. They make me feel so bad and I can't fucking refund All right boys pro life or pro choice I want my thoughts on evictionism. I used to really like evictionism But then I went off it because it really isn't an answer to anything. I think it's not right to be 100% one or the other I think The entire argument revolves around when does a fetus become a human life? And past that point it is therefore immoral to terminate But when is that point? I have no fucking clue. There are a million different answers And so I just simply have to defer it to people who know more than I do But there is absolutely it's not just the day before birth Where one day it's not a human. It's just a clump of cells and then the next day it is a human It's not that simple. There is a clear defined point and that is the point that needs to be found That's that's my thought Someone here is saying that makes me pro choice another saint that makes me pro life That's exactly why I don't answer in those terms All right fellas, well, thank you very much for joining me. It's been an hour and a half I believe or maybe just a bit over. That's our usual time. But like I said with the The crap that's happened this stream a dc and not even having my my con at the start of this stream So thank you all very much for putting up with my usual synonyms shenanigans And I'll see you all shortly when I do a live stream on further austrian economics and then Apart from that, I'll probably see you in a month when we do another q&a So see you later fellas