Capitalism DOES Make You Free: Refuting Current Affairs
Current Affairs makes the argument that capitalism doesn't make you free, however, such a claim is erroneous. The basis of his entire argument is based off today's economy and how he can base things off of what you have today when it is a mixed economy, a corporatist system, therefore and the private sector is over-regulated.
As per usual he is yet another who spouts the usual nonsense about the gilded age, surprise, surprise; a believer that somehow the likes of Carnegie, Rockefeller, Stanfords and Vanderbilts were apparently these evil monopolists who sought to shaft the consumer. Of course, none of this is true and the only people who believe that to be true are those who have no clue about the history to see how wrong it is.
Even the claims Current Affairs make regarding the so-called dangerous concentration of wealth by today's standards is overly exaggerated, whilst there are problems today created by corporatism, he attempts to pass this off as the fault of capitalism. The typical example of socialist government intervention creating a problem in the market and then projecting the blame off onto the market.
A fine example for this you can see from his argument relative to healthcare, as if to claim that the fault of private pharmaceutical companies driving prices up to shaft the consumer was to blame on the market, even although government intervention created the problem.
The fact he thinks he can replace a system involving profits and losses with "solidarity" should be enough to make you laugh. If you wish to learn more on this topic issue, you can watch both my videos I explain on the economic calculation problem relative to profits and losses and the fuller explanation on the economic calculation problem itself.
• Economic Calculation Problem: Profits and Losses.
https://www.youtube.com/watch?v=mVbbFVKWdhI
• Economic Calculation Problem: Extended Explanation.
https://www.youtube.com/watch?v=Zjzofn0qzQ4
*Follow Me on Social Media:*
• Facebook: https://www.facebook.com/LibertarianViewsScottyM
• Twitter: https://twitter.com/ScottCJMcKelvie
• Parler: https://parler.com/#/user/LibertarianViewsScottyM
• Gab: https://gab.com/LibertarianScot
• Minds: https://www.minds.com/LibertarianScot/
• MeWe: https://mewe.com/i/scottmckelvie
• WordPress Blog: https://libertarianviewswithscottym.wordpress.com/
• LBRY/Odysee: https://odysee.com/@LibertarianViewsScottyM:6
• Rumble: https://rumble.com/c/c-390494
• BitChute: https://www.bitchute.com/channel/egfCIS1DbaBM/
*You can also support me here on Patreon:*
https://www.patreon.com/LibertarianViewsScottyM
-
13:58
Libertarian Scot
1 year agoCantillon Effect: Consequences of Inflation
119 -
21:03
MYLUNCHBREAK CHANNEL PAGE
14 hours agoOld World Minnesota?
8.51K30 -
5:49:05
Akademiks
21 hours agoDrake Next Move - Whats next?? Did Lil Baby Listen to Me? Diddy and Family Preparing for Indictment?
62.6K32 -
1:56:06
TimcastIRL
1 day agoTrump Raises RECORD $52.8 MILLION In One Day, Bonus Uncensored Show w/Laura Loomer | Timcast IRL
83.5K366 -
23:19
Scammer Payback
4 days agoWe Created the First Ever 𝗔𝗡𝗧𝗜-𝗦𝗖𝗔𝗠 Call Center
209K246 -
1:11:09
LFA TV
22 hours agoTRUMP GUILTY…OF LOVING AMERICA! Ft. Hayley Caronia & Vish Burra | LAST CALL 6.1.24 8PM EST
72.2K32 -
1:02:02
The Kirk Minihane Show
14 hours ago420 Show
50.3K2 -
1:06:35
Patriots With Grit
13 hours agoSpeaking Up, Pushing Back | Daniel McGirr
46.4K7 -
56:19
Total Horse Channel
2 days ago2024 Buckeye Reining Series | Saturday Night | 7:30 pm EST
54K5 -
1:15:38
Steve-O's Wild Ride! Podcast
2 days ago $0.22 earnedG Eazy Opens Up About Falling Off - Wild Ride #217
61.2K14