@Shiraz Adams capitalism needs reforming. That's pretty clear, crony capitalism being the problem. If the loophole becomes the system that the crony capitalists use, then that loophole needs to be tackled. Which can be done. But I'm guessing that it will involve some kind of violent action to initiate it, if history is anything to go by. The problem is youngsters trying to bring down capitalism, in the belief that socialism is a better system.
Same here...the only people who move back from US or choose to live in the former USSR or Russia are the people with connections/corruptions or people who can't afford to leave. Average person has huge difficulty succeeding and generating wealth for next generation.
@@andrewcheadle948 Loopholes need cinched up tight. All the heads stuck out the loop holes can hang. IT is called breach of Trust, because it puts a hole in the citizenship. Then the boat sinks and we all drown in unconstitutional un-A-LIEN-ABLE debt liened against our names.
The USSR was not a socialist system. It was not even a communist system. It was a totalitarian oligarchy created by Joseph Stalin who killed his rivals. Socialism at its core is the idea that workers should control the means of production and that the fruits of their labor belongs to those who do the producing. In its purest form there would be no ruling class. Stalin’s USSR was not that. Not by a long shot.
The socialists took both of my grandfathers’ land during collectivization. By the time socialism collapsed in old country both of my grand parents were dead. The succeeding governments gave back some land to people whose land was confiscated but not all of the original lands were returned. My uncle tried to go through the bureaucracy to restore ownership to the descendants but the process was slow due to the name change and cultural assimilation campaign my family was subjected to we were part of a minority (yes, socialists not only rewrite history they also rewrite identities). Before the paperwork could be completed my uncle also passed away. This was 14 years ago. Last time I went to the village I saw the 64 acres of vineyard which are currently worked by strangers but on paper still belong to my now deceased grandfather. There is also some land in a similar state from my other grandfather. This was stolen from my family in the name of socialism and we can’t even get the land back due to complications created because the socialists wanted to create a uniform “one nation” state. Seeing young imbeciles shriek about minority rights, diversity, inequality, racism etc. makes me mad!
Your story demonstrates why its not a good alternative for our society. These activists are ungrateful, lazy, uneducated bullies who dont want to work for anything.
My family in Poland went through a similar drama.... My grandparents were very hurt... Good, kind, hard working people who gave work and good living to Many people....lost Everythnig Sad but true....
Max Wylde even simpler: The truth shall set you free. With the greatest enslaver of all kinds, the devil, being the father of all lies, it becomes obvious.
Could you imagine the implications if the state took total control of the health care of the people? Costs would immediately become overwhelming, which would lead to draconian lifestyle requirements. And social engineering possibilities that we can’t even imagine. I despise riots and looting. But even if socialists ever take power in America, democratically or otherwise, we must never accept the subjugation of the individual in favor of the collective. They’ll need the guns, and when they come for them, it will be a choice between war or slavery. We only have one life to give, but the cause of freedom would be a worthy cause to die for
I was in Argentina in February this year. On a bus ride around Buenos Aires, the female tour guide was gushing about the free education that the country had. Meanwhile, we drove passed suburb after suburb with homeless people and poverty ridden streets.
@kimobrien. top down command structure of socialism/communism would be far more efficient at making people into tools. have a shortage of manufacturing. just relocate human tools.
@@jocr1971 You've got this theory that we do everything from the top down which is the way you do things now. You give orders and use money to incentivise everything in the way you like than you insist that the labor theory of value is wrong and that capital must be generating wealth on its own. People like DiLorenzo want to return to an idyllic political system of a coalition government between slave owners and merchants but can't figure out how now that the slave owners are gone. So instead they are left as preachers for the petti bourgeois with all its illusions of grandeur for a possible return to the capitalism of the small businessman and entrepreneur.Di Lorenzo thinks everything is a Marxist conspiracy such that the words collectivism and communism become the swear words for all his political science. A world in which Austrian scholars near the middle of the abortion called Austria/Germany after world war one and two are his geniuses of record. . .
Halbert King he can call it what he wants, but we still have the right to Freedom and we have the right to own our properties, and not be graded on our behavior, we still have the right of privacy, and the right to debate and vote on issues as a society. These are the lines that can’t be crossed, and these rights must always remain in place.
@chespokotota The point is in socialism there are great divisions and those who have total control of your lives might not be your friends or share your particular socialist vision and will be systematically eliminated. Absolute power in the hands of your political enemies is what happens with socialism.
@chespokotota Interesting perspective. I think a constitutional republic is the best form of government. Everyone equal under the law. The laws should be questioned and made sure they are fair and not causing harm. I care a lot about individual rights. I don't want any government forcing me to do anything except pay my fair share of taxes for protection, roads, etc. not every little thing the liberals or progressives want to dream up. Also keep a free market capitalistic system going because it works. Power should be shared by our political system not a one party state. Who ever does a good job making our country safe and prosperous should lead.
@chespokotota Then what kind of socialist are you? You like traditional institutions like what? You like family, nation? You almost sound republican there. Tribe? You lost me. "Social atomization" as you assert is produced by capitalism by means of people making their own living and hiring whom they want to make a profit? So far capitalism, in my mind, doesn't break down the family or community for the sake of GDP but instead improves everyone's standard of living by making the wealth gap bigger between poor countries and ours. That might be a feasible "crime" of capitalism.
@chespokotota I might agree on a part of one thing you've said: "Besides leaving working class people out of job because Chinese slave labor is cheaper, capitalism has rejected honor and warrior virtues and embraced wealth an pleasure as the way we measure people." Yeah, kinda. Capitalism puts a price on everything which in some cases is really bad. Cheap labor is not always a good thing either. On the one hand you might want to hire someone to do mind-numbing labor with no real skill set then cheap labor is not bad but good for both parties - they get a job at least. But to hire a chinese laborer at a fraction of the cost to make more profit is logical but not best for our country as a whole. Trump actually is doing something about that right now, like him or not. Keeping our factory jobs in America not overseas. BTW, cheap labor in America is around $9-$15/ hour which is pretty damn high for a beginning wage.
@@annalarsson5077 well you can thank Americans because if not for Americans you Swedes would be living under Nazi Germany today and of course we all know Nazi Germans were socialists
@@annalarsson5077 First, educate yourself. Lenin never said that system that was in Russia is socialism. he knew that Russia was far from socialism. Only Stalin proclaimed that Soviet Union is a socialist country. There is no socialism without democracy, q democracy where working people are free to control their life where personal freedom is condition to freedom of all.
Lenin said, "The goal of socialism is communism." The goal of communism is the abolition of the state. That abolition never comes. Those in power will not let go of their power and status so they will keep the population forever fighting "the revolution." To understand this more clearly, read 1984 by George Orwell.
@Pneumonoultramicroscopicsilicolvocanoconiosis Not so well done for civil discourse. Firstly, I accept your correction as shown in my edited post. Secondly, George Orwell having been a socialist doesn't prevent anyone from gaining a better understanding of the dynamics of power by reading what he wrote. Thirdly, between the two of us, who's trying to appear knowledgeable?
@Pneumonoultramicroscopicsilicolvocanoconiosis First of all, I generally don't respond to abusive language or tone, both of which you employed in your original reply so it's a great compliment to you that I even took the time and trouble to give you the benefit of the doubt and respond. And now, to add insult to injury, you're incorrectly stating my meaning (purposely or not, I know not); I did not say or even imply that "it's all a ploy to gain power." Considering how you've butchered the meaning of what I've said, I'm not sure you are a credible source for interpretation of Marx, Orwell or Lenin either. However, I would entertain any example you can give where "this state, in theory and to some extent actually observably in history" has withered away. I'm not as big a fan of capitalism or as big an enemy of socialism as you think, I'm not afraid to look at either through the 20/20 lens of (factual) history and admit where both have their failings. Your visceral reaction to my original post betrays your anger, which is at its base, fear. By the way, have you ever been to or lived in a socialist country or been subjected to a socialist system?
@@maciej.ratajczak Yes, you're correct. I think the change finally took. I had tried to change it before but it reverted to the original for some reason. Thank you and Pneumonoultramicroscopicsilicolvocanoconiosis for the correction and you for your civil manner.
At least he was honest enough to force us to face the fact that we are all slaves whether we work or are on government assistance. There’s a good reason why the non-self-employed pay the government first and get what’s left over as opposed to the self-employed who pay quarterly taxes, which is where it should be for everyone. Of course, the government makes them pay for that right by charging them twice the amount of Social Security tax. Our main problem is, besides general ignorance and lethargy, we have so many toys and things to narcotize ourselves that we tolerate it as long as they don’t take Netflix away.
And say goodbye to your Social Security and you Health Care like being protected from Covid-`19. One girl wrote her father died from Covid-19 refusing care and telling her he wasn't ill, it was all a Democratic Hoax. He wouldn't wear a mask and came close to other people. All I can say is his Daughter will not vote for Trump now.
I'm highly puzzled. Back in the 1950's communism, not a nation's form, but the idea itself, meant government ownership of all means of production. Socialist mean government of some means of services. That was simple, unlike today, where capitalism can be socialist, and the second largest capitalism economy is called communist. So if Socialism no longer means simply the government supplied services to society, like our military, our Interstates, our police, our firefighters, our teachers, our Social Security, our Medicare which the word used to mean, what word now do you use to distinguish between government owned, like our military, and actually privately owned? I mean our military isn't privately owned, is it. People are paid by their rank, and wear government uniforms and produce nothing but protection.
yes, but it was a "slight of hand" because "Income" is defined as a "corporate" tax! Not a corporation? Then what makes you think you are liable? Read: "cracking the code" Author and wife were imprisoned for exposing the truth.
@al luvial No, its a system of voluntary cooperation and is vastly more resources efficient than socialism, and as long as humans remain free to innovate we will never run out of resources.
Exploitation means something different in economics than it does in the real world. Economic exploitation is simply applying a resource to its most advantageous end. Most people, for example, do not exploit their cars, fridges, microwaves or even their own time. When you watch an hour of Netflix, instead of producing something of value, you are wasting scarce resources, your time and skills. The market process allows conflicting claims over resources to be allocated by trade, profit and loss. Only the best uses survive, much like the theory of evolution. Socialism requires central planning, much like the theory of intelligent design. It requires an individual or group to attempt to figure out what millions of people communicate through price systems and market signals. That is, in essence, why it always fails. If a government bureau tried to organise its citizens personal relationships it would fail for the same reason.
NO - CAPITALISM - IS THE GENISIS - WHERE AN EXTREMELY MINUTE GROUP OF / PREDATORS / & / PARASITTES - FEED ON THE REST OF THE POPULATION - BUT OFCOURSE - BEING TOTALLY BLIND IN BOTH EYES - IT NOT TOO HARD TO SEE
The ten things to know is:: Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom
Africa: I'm going to look into the works of Professor George Ayitty - the economist from Ghana Africa. Thank you to Mises Institute in Auburn Alabama for recording this and sharing this. And thank you to Professor Di Lorenzo, for sharing this citation. Am watching from Canada.
Lots of this relief money is coming from the world bank whom on June 28 2017 launched its first ever pandemic bonds to support emergency funding. They would have only done this knowing they would make lots to f $ in the near future. So yes they knew covid was gonna happen.
The statues that are in America are not meant to be worshipped, they we're put there to remind the people and to make them seek the history of the events that happened in our country. If these events had never happened this country would not be or at least not as it is.
6:09 just to clarify, the Frankfurt school did not come up with intersectionalism - which is what he’s describing at the 6min mark. That came later. The Frankfurt school came up with the methods Critical theory would later adapt and apply.
Even Lenin determined socialism as community of intelligent cooperators. Whatever we we got by now is nothing close. Totalitarian bureaucracies which terrorize rest of population. USA by now much more social state and more successful, because it was built on top of idea of abundance. Capitalistic economy produces so much of everything, that it can easily share some with less successful society members or even help some countries with basic needs without any essential harm to itself. But if government or some other smart asses will put their dirty fingers in that perfectly working machine, they just asking for disaster. Expect shortage on basic. Socialistic countries been existing only because capitalistic ones out there. If USA turns to socialism rest of the world will be in trouble.
The Christians have an interesting idea to help ease the suffering of the less fortunate, tithe. It amounts to something like 10% of net if you can afford it. Would we need a welfare state if we took it upon ourselves to exude such morality?
It's not exclusive to money. You can give your time or talent. Plus, it's voluntary. They don't take it at gunpoint like the government! Stop paying your taxes!
While I'm all for denouncing socialism, and especially the role of the Frankfurt school, which gets too little mention in general, I think there is much that needs to be challenged in this lecture. Just pointing out the failures of socialism and communism doesn't make capitalism the perfect alternative. And Hitler, as always, gets misrepresented here as a socialist who, like Mussolini (who we are told was a fervent communist) was destined to go down the same road as all Marxists (hardly makes sense when you read what Hitler thought of Marxism!). Hitler recognised that Germany was not being run by Germans, and that his country was next in line for attempted Marxist takeover by Russia. He recognised a weakness of capitalism that it tends to end up as a system of monopolies run by what some call 'global gladiators', all in league with the banking system and aiming only for profit (think Tesla, Microsoft, Amazon, Apple etc today). He wanted to restore Western values, which, by their own admission, the Frankfurt school writers set out to undermine after WW2. Lets not forget too, when condemning socialism for its catastrophic failures, that Russia began with the rich ruling the serfs in a form of capitalism - and that this turned out badly for the Csar and his family, and resulted in many deaths. We need to rethink - we need capitalism with a level playing field, not low wage countries undermining whole industries in rich countries; and that probably means we need a form of nationalism. We need capitalism for it's 'invisible hand', but, recognising that the invisible hand is easily guided by powerful men, and through marketing ploys, with checks on who takes over through monopoly. We need an end to the trickery of the banking system that is a Ponzi scheme creating money for the rich from nothing when it suits them. And yes, we need to stop teaching equality and start recognising the hard truths of evolution, but with the far greater understanding that we have today compared to what Hitler could know. Stop the black and white comparisons and start thinking things through properly!
Thanks for your great insights. Fantastic. Although I like the overall generalities of the lecture, the speaker briefly references Milton Friedman. That’s a huge problem because it’s the neoliberalism of Milton Friedman.( with its grotesque income inequality ), that’s driving these millennials towards the socialism brand. You’re absolutely correct to denounce the black and white comparisons. I understand why this is done, when you are promoting the present system of a Milton Friedman neoliberalism agenda, you don’t want a vigorous debate or exchange of ideas...
Naziism was left and it was theft. They killed millions primarily out of greed. They wanted the money and goods that hardworking entrepreneurial minorities had accumulated. An old pattern.
Socialism, fascism, communism, etc. all require, as an absolutely indispensable precondition, the existence of a state with broad coercive powers, which it may bring to bear on any person, at any time, for any reason.
99% agree with the message. Let us stop talking about this topic amongst ourselves and go into those "rioters" areas and lead the re-education before it is too late.
South Africa's ruling African National Congress (ANC) has implemented their ideology of "transformation" in the whole society, which is unconstitutional as it is based on race as a deciding criteria for jobs and for membership of sports teams. So they are in direct contradiction of the constitution of South Africa. The constitution doesn't mention the word "transformation" at all.
The choice is not capitalism or socialism, that is not the point. Marx himself and his followers recognise that capitalism is required to transform an agrarian society into a technological, industrialized society. Once capitalism has exhausted itself, a period Marx dubbed 'late stage capitalism', a small number of revolutionaries was to take over from the capitalists and guide society into a transitional, socialist period. According to the doctrine, eventually this society would progress to full communism and it will not need to be governed anymore, at which point those in power would voluntarily step down. With that said, when presented with examples of countries where socialism failed in the past, believers in the Marxist ideology would argue that those countries tried to convert too early, late capitalism was not achieved yet, they were not ready. They will tell you that true communism was never achieved because those countries were stuck in the transition state. Today is not the first time in history socialism/communism is gaining traction in America, but in the past what has dispelled those attitudes is prosperity and improvement in the standard of living brought about by free markets and voluntary exchange. Today Marxists look at America and them its beginning to look a lot like that same 'late stage capitalism' Marx was talking about, increasing wealth disparity, stagnation, lack of progress which signals that the time has come for capitalism to give way to a socialist order. The real question we should focus on is 'Have we really reached the end of the road with capitalism?', 'Does capitalism have a limit to the improvements it can bring about to the human condition?'. I think to most of us here the answer to both is 'no', but do recognise that a lot of what is happening lately feeds right into the narrative that Marx presented over a century ago and is believed by people to this day.
Well worded. I believe we are seeing the stagnation and demise of the mixed economy, or corporatism. The choice is, do we move towards socialism (as Marx intended), or capitalism (as Ludwig Von Mises intended)?
The reason for stagnation is because the state has already entered into marxism when it instituted welfare, the income tax, the corporation and the federal reserve. True capitalism is the free exchange of one thing for another. The Mises institute is for true capitalism. Your "real question" can only be answered yes by those ignorant of the benefits of true capitalism and the absolute horrors of the welfare state. If you think the welfare state has improved the human condition then the mises institute will all be BS to you. I take it you have not read Hayak or Bastiat. If you think some one or some group who rose to power politically can offer any hope for the human condition you don't understand that truly evil people tend to rise to the top of political endeavors. The advancements made by capitalism in the last 100 years have lifted billions of out extreme poverty. Only governments with their socialist dictates have limited this progress. This current lockdown by socialists the world over will cause far more deaths to the poor than the virus ever will. Socialism is control by government. It is destroying the world now. Open your eyes to the world around you and see the consequences of socialism. Compare them to the consequences of true capitalism (not corporatism which is a form of socialism----where liability is removed on corporate officers by the state thereby inducing moral hazard.)
Read about PC Mahalanobis in our school history textbooks. He has a number named after him too! The textbook did not really explore exactly what he did or evaluate his contributions, but essentially cosseted him as “India’s greatest statistician” which was enough to give him a free pass under the guise of Indian nationalism among a well-meaning bewildered public. That they were being driven to poverty and socialized misery they knew but felt too embarrassed to admit in public. A critical evaluation would have - should have - buried the guy. The level of socialistic indoctrination in India is extreme.
Nicholas Yager It’s an economic system not a collective governing system! An Economic system that must be chosen by the people in their collective capacity through a legislative process to reach a majority consensus of the people in their collective capacity!
nfp none That was a bit gobbledegook. Socialism or capitalism can both be collectively chosen by a democratic process. I prefer capitalism, but if a majority of the people elect to have a nation run under a socialist economy then that is still democracy.
Nicholas Yager Absolutely not, we do not have a democracy! A democracy and a republic are both collective governing systems. The difference is that the legislative assembly for a democracy is an assembly of the people as individuals, and in a republic the assembly is of the people in their collective capacity. Both have to meet specific requirements for assembly, quorum, and what constitutes a majority consensus to operate as a legislative assembly. The electoral system to assemble each, which is not a legislative assembly so it can meet different requirements to achieve the assembly of the people in their collective capacity, because it’s purely statistical, a random sampling to form a representation of the population as a whole, a smaller version but still the same, is done by representative density, the number of representatives necessary to exactly form a representation of the whole. For the federal government that representative density is set at 1 representative for every 30,000 persons in each state, which is a proportionality constant to maintain each state’s percentage of the total population when apportioning representation, suffrage, and direct taxes making them per capita equal for each state.
Socialism, Marxism, communism, all are deeply problematic at their core, as individual sovereignty of spirit and body are not central values. However so called free market capitalism suffers its own brand of tyranny. The central issue is that humans are not sufficiently evolved to live with respect for themselves and their environment. Only addressing the human condition will offer a way out of an otherwise inevitable demise of our species. This has to start with each of us, imposing good ideas on others is just more tyranny. And by the way, many of the failed socialist states, have been helped on their way by the meddling of the CIA and their running dogs (of which there are many) creating regime change wars, imposed criminal heads of state, trade embargoes and the rest...all manifestations of unbridled, unevolved capitalist endeavour...And the corporate successes you hold up as glowing examples of free market capitalism are only where they are through cronyism, criminal exploitation, conspiracy and unearned privilege, all at the expense of humanity and the planet...
@@KngsTiger I thought I'd explained the problem with any creed, as we humans are now. However, FMC as we have it speaks for itself, look at the endless wars, environmental degradation and de-humanisation that prevails. There are actually no free markets, only pretenses of such. Look at the lobby system and the revolving door between corporations and politics. Look beneath the surface at how global banking, pharma and military industrial interests run the show....it's just another face of the tyranny that will always emerge when humans live in fear of their own power and the responsibility that goes with exercising that personal power. Not power over others, but power within ourselves that comes with truly knowing who we are as sovereign spirits, incarnate. To get to that place requires going within, to own our individual shadow self, instead of projecting it outwards into the world, where disowned, they can and do, collectively wreak havoc...
So we haven't learned our lessons on socialism and collectivism like the Good Professor. I wonder if he has raised the issue of collectivism sneaking into the faculty through the back door of the faculty meetings and the national right to work committee? The capitalist who become collectivist. People like Henry Ford who wanted the government to build roads so he could sell cars.
32:00 - Why is wealth distribution critical for equality (of human freedoms)? Do you believe that this is a core tenant? Is this central to your thesis?
When he says that when we think of socialism we think of the Soviet Union he is dead wrong--I think of Norway, and when I think of the Soviet Union I think of Stalinism.
If we had the kind od corporal punishment we had in my Catholic school in public schools perhaps we would have order and kids who actually learn and do homework. When you get get cracked with 3 yardsticks duct taped together across the back of the hands or across the ears you pay attention to what the teacher says. "Oh that's horrible" Well is it better that some become failures at an early age? Then they blame their country for their failure to apply themselves while attending the same public schools that other successful students attended? I was amazed at the complete lack of discipline in Public Schools when I switched.
In his book "The Nature of Civilizations" Matthew Melko describes three stages that every civilization goes through: 1) Feudalism; 2) Statism; 3) Imperialism. He also takes into account the culture of every civilization that has managed to go through all three stages. What's striking is the individualistic culture of China, has embraced socialism, and the imperialistic nature the US, already debating Universal Basic Income. The game is not over! As for Marx or Adam Smith or the Chicago School, they forgot to mention a fundamental code/commandment in their theories: "Do not kill!" No social or economic theory is valid, if you have to kill, in order to prove it works!
Im reading a new book of the great starvation in l867. Sweden had deregulated and liberal ideas of free trade and people taking responibility of their own destiny was strong. It ended up in extrem powerty and starvation as they did as US do today. Those with money got even more, large part of the population lost job and housing and the elit enriched themselves. Ended up with 25% migration to US and extrem powerty. Social democracy put an end to it, today we are one of the richest countries in the world and a social wellfare US cant even imagin of.
Independent Thinker You have several outstanding journalists in America. Listen to Pulitzer prize awarded Chis Hedges an investigating journalist. czcams.com/video/GeE5WnTUsF8/video.html
Independent Thinker No we are not more capitalist than you are. But we might be more innovative and successful. We have more start-ups than the USA We have no far right wing parties as Democrats and Repubicans. We had a right wing government for 8 years in the 80s. Introducing neo-liberalism. They were voted out and has never manage to get into power again.
Independent Thinker Around 20% has a foreign heritage in Sweden. Almost the whole population in US has a foreign heritage so why make a big issue of immigration in US.
Independent Thinker No, I’m not a bit worried. During Viking era 900 bc 50% of the population in Birka was of foreign heritage according to arceology. We are according to your estimate already viped out 1100 years later. Another 30 years doesent matter. 😂😂😂
Independent Thinker .... Sweden is a capitalist free market sociaty AND have 5 week payed vacation by law, 18 month payed parental leave, 90% sick leave, free education, student loan 0,2% interest, $10 to see a doctor max $180/ year incl surgery and hospitalisation, max $ 200/year for medicals. Progressiv fee on child care depending on earning. AND heavy regulation on privat companies in comparacy to US I payed $10 to get my hearing examined and will be provided with hearing gear for free. Trump use to smear us as soon as Bernie Sanders talks of universal healt care. To some we are capitalist and to others socialists.
Speaking of morality, not much morality when it comes to our own gov. Vietnam, Iraq just to name a few. Whatever this gentleman says about socialism reflects the capitalism of USA the last 40 years.
28:28. “.... the worst crime in human history ...” is the patriarchal enslavement of women. “The rise of patriarchy was the world historic defeat of woman” : Frederick Engels in ‘The Origin of the Family, Private Property and the State’. The principal but not only weapon of defeat ? Marriage. Patriarchal marriage. Under patriarchy womyn are dispossessed, disenfranchised, disrespected, defeated, degraded, debased & enslaved. One of the very best accounts of the story of womyn’s world historic defeat & degradation is contained within the Christian Bible - starting with Genesis. “..and thy desire shall be to thy husband & he shall rule over thee ....” WTF Also “....God said unto them, Be fruitful, and multiply, and replenish the earth, and subdue it: and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth...” Words fail ....... !?!?!? Unless we dismantle patriarchy (whether of the religious, capitalistic or socialistic genre) and re-elevate womyn back onto the pedestal of worshipful male reverence WHERE WE BELONG we’re doomed. Unless all men and boys DEFER to their moms in ALL MATTERS, we’re doomed. Patriarchy ? A ‘wife’ is quite absolutely an unindentured domestic servant, a sex slave most craven, and a bound, shackled and stabled brood mare. Even if her husband is a nice bloke. Indeed, in one terribly real sense nice husbands are the worst, as they camouflage the heinous reality of wifely servitude and debasement. Even a most cursory study of nature immediately reveals that the femayles of every sexual species are universally centralised, with males just as universally marginalised. Just saying ......
OMG, you totally had me! :D ...I think if not for your nudge-nudge use of all-caps in the forth paragraph I might be currently committed to spend the hour in cleverly crafting a persuasive reply. Luckily though, I broke from your spell in entering your provided exit. Your rhetoric is clearly far craftier than any I may have provided through my lack of paying full attention, and I thank you for the spur in my now taking quicker liberty to join my kids outdoors and better enjoy the day.
You're nuts. Try working on an oil rig to feed your family before you talk about servitude. And if you hate sex, don't marry. No one in this country will force you.
The difference between Socialism and Capitalism is shown by a simple example at the worker level. Take ten ditch shovelers and pay two of them for not doing any digging, pay three of them for whether they dig well or hardly at all. Now pay the other five shovelers a premium for how well and how fast they dig. Of course, the five paid well for the work performed will have a higher living standard based on the increased funds. Then turn around and tax the five good shovelers to pay the cost of the poor shovelers. The stated purposed is that you are seeking equality of living standards. Noted is all the intellectuals who are for this never really held jobs (Karl Marx). Now the five taxed workers start thinking why not join the other group as it doesn't really pay to work so hard. Now apply this same principle to a factory owner who has his profits scooped up by the state to pay for all this free stuff and viola ! ; you have full blown Socialism. No matter where it is, how it is implemented; it always ends up the same way. Equally dirt poor society and a super rich elite. Funny, you then end up with a sociality that can't even dig a ditch without compulsion and force.
Lincoln perpetuated a War with the south nearly destroying it killing 10s of thousands of Americans on both sides of the Mason-Dixon line. He did this because he could using the industrial strength of the North and his newly formed Republican Party. Imagine what would have happened if Lincoln did not perpetuate the Civil War. Slavery would have ended anyway, but without the destruction of the South and so many American lives.
You had me at Kudzou. That weed is not to be messed with. Well, back to Democratic socialism...a great subject,,this speaker really gives it justice. I got at least 3 books to buy after this discussion.
AN enlightening talk. Just amazed that not a single mention was made of China, which although now a barely quasi-socialist country is nonetheless the largest, most productive and most populace surviving example today. Not to mention Donald Trump's major protagonist.
He has a funny view of Britain's economy. Things were great in the 60's and degenerated to such a dreadful extent, that by 2006 I leaped at the chance to move to Bulgaria, where I have been happily to this day !
The opposite of socialism is not capitalism, but individualism. A group of cooperating people can do more (good or harm) than the same number of non-cooperating individuals. For capitalism, the highest goal is capital (money). For scholars, the goal should be knowledge, or truth. "Surely, when wealth and the wealthy are honored in a city, virtue and the good men are less honorable." Plato; Republic 551 a It is good to know, that: Private individual (a man who only cares about himself) is in Greek ιδιώτης (idiótis). (the origin for internationally known word "idiot")
Why Marx is against the "international division of labor" - true. Division of labor, domestic or international, works against the interest of the working class and benefits the capitalists. The division of labor exports jobs from the original factory or from the country and local workers lose their jobs. It benefits the capitalists because it is one of the ways of reduction/distribution of the risk for the capitalists. In a communist society the economy is organized on planning. Therefore, there is no need of distribution of the production risk, which is minimized in communist economy.
26:12 - In America, when the telecommunications companies were privatized, who got the wealth? What capitalistic/democratic process was used to determine who would "own" them?
Fascism was invented by the Italian dictator Mussolini. Mussolini described fascism as: "The partnership between corporations (wealthy elites - Wall Street bankers) and government in such a way that the corporations are the senior and controlling partners". This pretty much describes the United States! All people compete, and as corporations have super-individual political power through the faux notion of equal status as individual citizens when in fact corporations are not citizens and have far greater financial assets than ordinary individual citizens - and therefore far far more political power (in a system where "money talks and bullshit walks" ) than individual citizens; thereby destroying the status and ability of individual citizens and their families to compete against financial elites', owned and operated corporate entities, in a political system where millions of dollars are necessary to become elected to any local or state's public office; and many many millions to get elected to federal public office. Bob Dylan said" money doesn't talk it swears" and I say it doesn't talk it swears very very loudly! The USA is run by and for corporations which are owned by Wall Street financial elites and other very very wealthy individuals. The amount of money required to obtain public office in the USA means that very wealthy donors (monetary elites) control the political system in the USA through massive donations to thereby corrupted politicians. This is functionally a fascist, elitist system where corporations and their wealthy corporate owners control both the MSM and the major political systems (local, state and national) through (payola) donations to compliant and ideologically subsumed (corrupted) political candidates. America is run by and for wealthy elites and their corporate interests. One example is unnecessary wars. War is the most profitable human undertaking for banks, corporations and the financial elites who own them. This is why America has rarely not been, involved in foreign wars to, in the final analysis, topple democratically elected and other un-compliant governments world wide; and to corrupt the American political and judiciary systems where ever and when ever possible; and to destroy even the idea of democracy where ever and when ever possible- but most of all to assure the creation of a fascistic government which can transfer billions and billions of dollars from wage earners to wealthy elite corporate owners. Folks... this IS fascism masquerading as finely tuned capitalism. Wall Street criminal banksters, led by the criminal Federal Reserve (which is neither federal nor a 'reserve') which by the American Constitution is illegal - the American Constitution says only the U.S. Treasury can create American money NOT Wall Street criminal banksters!!! Trump needs to revert to the Constitution and end the FED, use the Treasury department to provide any money additional to taxes required to improve American's lives and America! As all money is currently based on debt, and literally therefore, if all debt were paid off tomorrow (actually an impossibility as all existing money is 'debt' created money and therefore the 'interest' money does not exist - it has never been 'created'!) there would literally be no money existing in the economy!
If Socialism is such a bad thing or even communism for that matter, why does a (so called Capitalist Country like America) have to revert to Socialist principles during times when cracks appear in the Capitalist System, or times when the Capitalist System cannot cope . The Socialist Principles introduced ,benefit the top 1% to the exclusion of the bottom end, ie Socialism for the super wealthy and Capitalism for the rest. I wish someone could answer.
The biggest problem with today's college youth is that they are followers of whatever is trendy or sounds good, they are not big into actually thinking and analyzing anything - Socialism is the system of the envious and the devious...
I was born and grew up in USSR...you don't want to live in a socialist country moving to communism 🙂 Thank you for informative presentation!
@Shiraz Adams capitalism needs reforming. That's pretty clear, crony capitalism being the problem. If the loophole becomes the system that the crony capitalists use, then that loophole needs to be tackled.
Which can be done. But I'm guessing that it will involve some kind of violent action to initiate it, if history is anything to go by.
The problem is youngsters trying to bring down capitalism, in the belief that socialism is a better system.
Same here...the only people who move back from US or choose to live in the former USSR or Russia are the people with connections/corruptions or people who can't afford to leave. Average person has huge difficulty succeeding and generating wealth for next generation.
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@@andrewcheadle948 Loopholes need cinched up tight. All the heads stuck out the loop holes can hang. IT is called breach of Trust, because it puts a hole in the citizenship. Then the boat sinks and we all drown in unconstitutional un-A-LIEN-ABLE debt liened against our names.
The USSR was not a socialist system. It was not even a communist system. It was a totalitarian oligarchy created by Joseph Stalin who killed his rivals. Socialism at its core is the idea that workers should control the means of production and that the fruits of their labor belongs to those who do the producing. In its purest form there would be no ruling class. Stalin’s USSR was not that. Not by a long shot.
I'm a millennial and I will fight to preserve our Constitutional Republic!
Why not fight for freedom instead
Your knowledge of the fact that we aren’t a “democracy” is equally encouraging.
Leopold Röder because fighting for “freedom” is a waste of time without a governmental framework capable of preserving it.
Really? I too believe in fairies and unicorns.
@@damianholmes3049 media control is more important than government or armies. Next comes the school systems.
The socialists took both of my grandfathers’ land during collectivization. By the time socialism collapsed in old country both of my grand parents were dead. The succeeding governments gave back some land to people whose land was confiscated but not all of the original lands were returned. My uncle tried to go through the bureaucracy to restore ownership to the descendants but the process was slow due to the name change and cultural assimilation campaign my family was subjected to we were part of a minority (yes, socialists not only rewrite history they also rewrite identities). Before the paperwork could be completed my uncle also passed away. This was 14 years ago. Last time I went to the village I saw the 64 acres of vineyard which are currently worked by strangers but on paper still belong to my now deceased grandfather. There is also some land in a similar state from my other grandfather. This was stolen from my family in the name of socialism and we can’t even get the land back due to complications created because the socialists wanted to create a uniform “one nation” state. Seeing young imbeciles shriek about minority rights, diversity, inequality, racism etc. makes me mad!
🙀💔😔🙏🏻
@balkan mode sorry for your loss 😠 socialism is friggin retarded
Your story demonstrates why its not a good alternative for our society. These activists are ungrateful, lazy, uneducated bullies who dont want to work for anything.
@@blumusik9572 but they claim to be against all of those things how ever could that be? They say they're anti bullying while bullying.
My family in Poland went through a similar drama....
My grandparents were very hurt...
Good, kind, hard working people who gave work and good living to Many people....lost Everythnig
Sad but true....
The compassion of the IRS and the efficiency of the DMV
Then I would suggest you discover how not be a taxpayer and give up on commercial driving and surrender your license.
Alfred Newman what does your comment have anything to do with his comment?
Brad Vincent maybe you're just ignorant enough to miss the relevance.
@@adovgan84 I missed it too. Care to explain?
Alfred Newman as if those are the only two options
"We didn't love freedom enough. . . we purely and simply deserved all that happened next." -Solzhenitsyn, _The Gulag Archipelago_
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Max Wylde Like pornography, I know Freedom when I see it.
Max Wylde even simpler: The truth shall set you free. With the greatest enslaver of all kinds, the devil, being the father of all lies, it becomes obvious.
We're asking for the same here if we don't stand up and be counted!
@@joanlandesmacmhc1047 sad we've come to this!
You can never use too much of someone else's money.
Until that "someone else's" money runs out too,and it ALWAYS DOES.
"The trouble with Socialism is that eventually you run out of other people's money." Margaret Thatcher
@@billfargo9616 I loved that woman. Did she help Regan or... the other way around?
especially when it's the Rothschild's money - and because they print it, it never runs out
@@billfargo9616 But Thatcher never defined who the other people were, or where did the other people get the money.
Could you imagine the implications if the state took total control of the health care of the people? Costs would immediately become overwhelming, which would lead to draconian lifestyle requirements. And social engineering possibilities that we can’t even imagine. I despise riots and looting. But even if socialists ever take power in America, democratically or otherwise, we must never accept the subjugation of the individual in favor of the collective. They’ll need the guns, and when they come for them, it will be a choice between war or slavery. We only have one life to give, but the cause of freedom would be a worthy cause to die for
I was in Argentina in February this year. On a bus ride around Buenos Aires, the female tour guide was gushing about the free education that the country had. Meanwhile, we drove passed suburb after suburb with homeless people and poverty ridden streets.
Yes chage everyone for education make everything private so that way we can have real capitalism where people can be sold in the market.
You needn't go that deep into the suburbs to confirm how down the drain the education of all levels of society has gone over the past few dacades.
at least they can have grammatically correct graffiti
@kimobrien. top down command structure of socialism/communism would be far more efficient at making people into tools.
have a shortage of manufacturing. just relocate human tools.
@@jocr1971 You've got this theory that we do everything from the top down which is the way you do things now. You give orders and use money to incentivise everything in the way you like than you insist that the labor theory of value is wrong and that capital must be generating wealth on its own. People like DiLorenzo want to return to an idyllic political system of a coalition government between slave owners and merchants but can't figure out how now that the slave owners are gone. So instead they are left as preachers for the petti bourgeois with all its illusions of grandeur for a possible return to the capitalism of the small businessman and entrepreneur.Di Lorenzo thinks everything is a Marxist conspiracy such that the words collectivism and communism become the swear words for all his political science. A world in which Austrian scholars near the middle of the abortion called Austria/Germany after world war one and two are his geniuses of record. . .
My hippie friend who retired from Wall Street at the age of 50, said "We don't have Capitalism, We have Corporate socialism."
Yes. Thank you.
Halbert King he can call it what he wants, but we still have the right to Freedom and we have the right to own our properties, and not be graded on our behavior, we still have the right of privacy, and the right to debate and vote on issues as a society. These are the lines that can’t be crossed, and these rights must always remain in place.
@Independent Thinker Corporate Socialism is code for Fascism, merger of the corporation and the state, corporatism. Mussolini
in other words, fascism
@@halbertking2683 Spot on
"The biggest fear that a socialist has is to live in a socialist state that is run by people who aren't his friends." - Ludwig von Mises
The Great Mises! What a perfect phrase.
@chespokotota The point is in socialism there are great divisions and those who have total control of your lives might not be your friends or share your particular socialist vision and will be systematically eliminated. Absolute power in the hands of your political enemies is what happens with socialism.
@chespokotota Interesting perspective. I think a constitutional republic is the best form of government. Everyone equal under the law. The laws should be questioned and made sure they are fair and not causing harm. I care a lot about individual rights. I don't want any government forcing me to do anything except pay my fair share of taxes for protection, roads, etc. not every little thing the liberals or progressives want to dream up. Also keep a free market capitalistic system going because it works. Power should be shared by our political system not a one party state. Who ever does a good job making our country safe and prosperous should lead.
@chespokotota Then what kind of socialist are you? You like traditional institutions like what? You like family, nation? You almost sound republican there. Tribe? You lost me. "Social atomization" as you assert is produced by capitalism by means of people making their own living and hiring whom they want to make a profit? So far capitalism, in my mind, doesn't break down the family or community for the sake of GDP but instead improves everyone's standard of living by making the wealth gap bigger between poor countries and ours. That might be a feasible "crime" of capitalism.
@chespokotota I might agree on a part of one thing you've said: "Besides leaving working class people out of job because Chinese slave labor is cheaper, capitalism has rejected honor and warrior virtues and embraced wealth an pleasure as the way we measure people." Yeah, kinda. Capitalism puts a price on everything which in some cases is really bad. Cheap labor is not always a good thing either. On the one hand you might want to hire someone to do mind-numbing labor with no real skill set then cheap labor is not bad but good for both parties - they get a job at least. But to hire a chinese laborer at a fraction of the cost to make more profit is logical but not best for our country as a whole. Trump actually is doing something about that right now, like him or not. Keeping our factory jobs in America not overseas. BTW, cheap labor in America is around $9-$15/ hour which is pretty damn high for a beginning wage.
"The goal of Socialism is Communism." Lenin
There...I just saved you 52 minutes.
Semper Fi
yes, but do you know what is that communism or you are brainwashed with this USA propaganda.
No way socialism will lead to communism. As from Sweden we lived close to former USSR and I know what Im talking about Vs american propaganda
@@annalarsson5077 well you can thank Americans because if not for Americans you Swedes would be living under Nazi Germany today and of course we all know Nazi Germans were socialists
@@sandicirak6223 I fought the Communists in Vietnam so I forgotten more about communism than you will ever know.
@@annalarsson5077 First, educate yourself. Lenin never said that system that was in Russia is socialism. he knew that Russia was far from socialism. Only Stalin proclaimed that Soviet Union is a socialist country. There is no socialism without democracy, q democracy where working people are free to control their life where personal freedom is condition to freedom of all.
Lenin said, "The goal of socialism is communism." The goal of communism is the abolition of the state. That abolition never comes. Those in power will not let go of their power and status so they will keep the population forever fighting "the revolution." To understand this more clearly, read 1984 by George Orwell.
Is that quote not attributable to Lenin, rather than Marx?
@Pneumonoultramicroscopicsilicolvocanoconiosis Not so well done for civil discourse. Firstly, I accept your correction as shown in my edited post. Secondly, George Orwell having been a socialist doesn't prevent anyone from gaining a better understanding of the dynamics of power by reading what he wrote. Thirdly, between the two of us, who's trying to appear knowledgeable?
@Pneumonoultramicroscopicsilicolvocanoconiosis First of all, I generally don't respond to abusive language or tone, both of which you employed in your original reply so it's a great compliment to you that I even took the time and trouble to give you the benefit of the doubt and respond. And now, to add insult to injury, you're incorrectly stating my meaning (purposely or not, I know not); I did not say or even imply that "it's all a ploy to gain power." Considering how you've butchered the meaning of what I've said, I'm not sure you are a credible source for interpretation of Marx, Orwell or Lenin either. However, I would entertain any example you can give where "this state, in theory and to some extent actually observably in history" has withered away. I'm not as big a fan of capitalism or as big an enemy of socialism as you think, I'm not afraid to look at either through the 20/20 lens of (factual) history and admit where both have their failings. Your visceral reaction to my original post betrays your anger, which is at its base, fear. By the way, have you ever been to or lived in a socialist country or been subjected to a socialist system?
@@maciej.ratajczak Yes, you're correct. I think the change finally took. I had tried to change it before but it reverted to the original for some reason. Thank you and Pneumonoultramicroscopicsilicolvocanoconiosis for the correction and you for your civil manner.
Aye forreal, I just want to say thank you for keeping the comments open.
🇺🇸 Vote for NO Demonrats 2020 🇺🇸 to save 🔔yourself, family, ciuty, your country and the world 🌍 🔔 🌎
The so called parties are 2 sides of the same knife. Thats why there arent 14 political parties.
yeah the retardlicans are so much better
Which facist are YOU voting for?
Debra Lee ; Wow! I have not thought about that. Do you have any suggestions? Bless you friend.
And save Australia too!
I've seen the estimate of USSR murders as high as 100 million, and Chinese murders at well over 100 million.
The Great DiLorenzo! Thank you so much for your insights on Socialism!
At least he was honest enough to force us to face the fact that we are all slaves whether we work or are on government assistance.
There’s a good reason why the non-self-employed pay the government first and get what’s left over as opposed to the self-employed who pay quarterly taxes, which is where it should be for everyone. Of course, the government makes them pay for that right by charging them twice the amount of Social Security tax.
Our main problem is, besides general ignorance and lethargy, we have so many toys and things to narcotize ourselves that we tolerate it as long as they don’t take Netflix away.
empirical proof - the plandemic lockdown should have triggered a revolt immediately. You are, sadly, correct.
But isn't the real problem taxation in general?
Amazon cut your intro out on the Kindle version. Just thought you might want to know.
Best talk I ever heard on the truth about socialism..let's keep America Free
Keep America Free!! Too many men and women have bled for her. Trump backs our LEO and nationalism! He's getting my vote!!
Mine too
And say goodbye to your Social Security and you Health Care like being protected from Covid-`19. One girl wrote her father died from Covid-19 refusing care and telling her he wasn't ill, it was all a Democratic Hoax. He wouldn't wear a mask and came close to other people.
All I can say is his Daughter will not vote for Trump now.
@Sscaler Courtney good. Don't want them stealing from me to 'help'. Especially since it doesn't help.
This video should be included in high school and college teachings.
I'm highly puzzled. Back in the 1950's communism, not a nation's form, but the idea itself, meant government ownership of all means of production. Socialist mean government of some means of services. That was simple, unlike today, where capitalism can be socialist, and the second largest capitalism economy is called communist. So if Socialism no longer means simply the government supplied services to society, like our military, our Interstates, our police, our firefighters, our teachers, our Social Security, our Medicare which the word used to mean, what word now do you use to distinguish between government owned, like our military, and actually privately owned? I mean our military isn't privately owned, is it. People are paid by their rank, and wear government uniforms and produce nothing but protection.
So income tax was introduced in the same year that the FED was founded. That can't be a coincidence.
yes, but it was a "slight of hand" because "Income" is defined as a "corporate" tax! Not a corporation? Then what makes you think you are liable? Read: "cracking the code" Author and wife were imprisoned for exposing the truth.
The book isn’t available on Amazon or eBay... does anyone know where to get a copy? I live in the UK
Capitalism isn’t exploitation just because you’re bad at it.
@@uk3806 Self-sufficiency is ridicules. Specialization is a great wealth creator.
@al luvial No, its a system of voluntary cooperation and is vastly more resources efficient than socialism, and as long as humans remain free to innovate we will never run out of resources.
@al luvial Lies!
Exploitation means something different in economics than it does in the real world. Economic exploitation is simply applying a resource to its most advantageous end. Most people, for example, do not exploit their cars, fridges, microwaves or even their own time. When you watch an hour of Netflix, instead of producing something of value, you are wasting scarce resources, your time and skills.
The market process allows conflicting claims over resources to be allocated by trade, profit and loss. Only the best uses survive, much like the theory of evolution. Socialism requires central planning, much like the theory of intelligent design. It requires an individual or group to attempt to figure out what millions of people communicate through price systems and market signals. That is, in essence, why it always fails. If a government bureau tried to organise its citizens personal relationships it would fail for the same reason.
NO - CAPITALISM - IS THE GENISIS - WHERE AN EXTREMELY MINUTE GROUP OF / PREDATORS / & / PARASITTES - FEED ON THE REST OF THE POPULATION - BUT OFCOURSE - BEING TOTALLY BLIND IN BOTH EYES - IT NOT TOO HARD TO SEE
The ten things to know is:: Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom, Loss of Freedom
you describe today's world
yeah, as if anyone is all that free to begin with lol
@@Jimmy-up2xk Ive felt incredibly free until 2020
Yes finally a Knowlagebel man of Truth to tell the facts on Socialism ! So let's respect his truths!
Africa:
I'm going to look into the works of Professor George Ayitty - the economist from Ghana Africa.
Thank you to Mises Institute in Auburn Alabama for recording this and sharing this. And thank you to Professor Di Lorenzo, for sharing this citation.
Am watching from Canada.
Amazing lecture. DiLorenzo made me change my views on Lincoln.
Lincoln was the first neoconservative.
Funny, isn't our gov printing money like there is no tomorrow?
Every government is right now.
We are in trouble.
Lots of this relief money is coming from the world bank whom on June 28 2017 launched its first ever pandemic bonds to support emergency funding. They would have only done this knowing they would make lots to f $ in the near future. So yes they knew covid was gonna happen.
Because capitalism has failed. Runaway corporate capitalism with only short term in sight. Profits over people and environment.
Do your research on world Bank. Crooked as f÷×ck!! Youll see how all this $ is coming about
The statues that are in America are not meant to be worshipped, they we're put there to remind the people and to make them seek the history of the events that happened in our country. If these events had never happened this country would not be or at least not as it is.
So what do you think about Trotsky's Fourth International ?
51:05 ... although the soviets did try to reverse the direction of one of their major rivers. it did not work, of course.
Pied Piper/Pinocchio-hybrid: the elongated nose in the form of a flute! :-D
6:09 just to clarify, the Frankfurt school did not come up with intersectionalism - which is what he’s describing at the 6min mark. That came later. The Frankfurt school came up with the methods Critical theory would later adapt and apply.
This is the first I’ve seen from DiLorenzo... what does he say about Lincoln? Asking not to object but because I don’t know.
Read his books on Lincoln or watch his interviews/lectures. C-SPAN did a great interview with him on his first Lincoln book.
Even Lenin determined socialism as community of intelligent cooperators. Whatever we we got by now is nothing close. Totalitarian bureaucracies which terrorize rest of population. USA by now much more social state and more successful, because it was built on top of idea of abundance. Capitalistic economy produces so much of everything, that it can easily share some with less successful society members or even help some countries with basic needs without any essential harm to itself. But if government or some other smart asses will put their dirty fingers in that perfectly working machine, they just asking for disaster.
Expect shortage on basic. Socialistic countries been existing only because capitalistic ones out there. If USA turns to socialism rest of the world will be in trouble.
Bastiat's The Law is one of the great books!
Yuri Maltsev!!!! He was my son's professor at Carthage College. Brilliant man!!!
I read the book, Socialism For Dummies.
I concluded that, Socialism Is For Dummies.
The Christians have an interesting idea to help ease the suffering of the less fortunate, tithe. It amounts to something like 10% of net if you can afford it. Would we need a welfare state if we took it upon ourselves to exude such morality?
It's not exclusive to money. You can give your time or talent. Plus, it's voluntary. They don't take it at gunpoint like the government! Stop paying your taxes!
While I'm all for denouncing socialism, and especially the role of the Frankfurt school, which gets too little mention in general, I think there is much that needs to be challenged in this lecture. Just pointing out the failures of socialism and communism doesn't make capitalism the perfect alternative. And Hitler, as always, gets misrepresented here as a socialist who, like Mussolini (who we are told was a fervent communist) was destined to go down the same road as all Marxists (hardly makes sense when you read what Hitler thought of Marxism!). Hitler recognised that Germany was not being run by Germans, and that his country was next in line for attempted Marxist takeover by Russia. He recognised a weakness of capitalism that it tends to end up as a system of monopolies run by what some call 'global gladiators', all in league with the banking system and aiming only for profit (think Tesla, Microsoft, Amazon, Apple etc today). He wanted to restore Western values, which, by their own admission, the Frankfurt school writers set out to undermine after WW2. Lets not forget too, when condemning socialism for its catastrophic failures, that Russia began with the rich ruling the serfs in a form of capitalism - and that this turned out badly for the Csar and his family, and resulted in many deaths. We need to rethink - we need capitalism with a level playing field, not low wage countries undermining whole industries in rich countries; and that probably means we need a form of nationalism. We need capitalism for it's 'invisible hand', but, recognising that the invisible hand is easily guided by powerful men, and through marketing ploys, with checks on who takes over through monopoly. We need an end to the trickery of the banking system that is a Ponzi scheme creating money for the rich from nothing when it suits them. And yes, we need to stop teaching equality and start recognising the hard truths of evolution, but with the far greater understanding that we have today compared to what Hitler could know. Stop the black and white comparisons and start thinking things through properly!
Thanks for your great insights. Fantastic. Although I like the overall generalities of the lecture, the speaker briefly references Milton Friedman. That’s a huge problem because it’s the neoliberalism of Milton Friedman.( with its grotesque income inequality ), that’s driving these millennials towards the socialism brand. You’re absolutely correct to denounce the black and white comparisons. I understand why this is done, when you are promoting the present system of a Milton Friedman neoliberalism agenda, you don’t want a vigorous debate or exchange of ideas...
Naziism was left and it was theft. They killed millions primarily out of greed. They wanted the money and goods that hardworking entrepreneurial minorities had accumulated. An old pattern.
Fabulous presentation on the evils of socialism and communism. Thank you.
Socialism, fascism, communism, etc. all require, as an absolutely indispensable precondition, the existence of a state with broad coercive powers, which it may bring to bear on any person, at any time, for any reason.
1-10... it doesn’t work
But some people need more detailed convincing 😉
Technical Millennial here, born in 88. I say no to authority, government (mind control) and slavery!
32:02 - If the government wants to pursue equality, it can only do so by treating people unequally.
99% agree with the message. Let us stop talking about this topic amongst ourselves and go into those "rioters" areas and lead the re-education before it is too late.
AOC: the 21st century Lenin.
Mum - AOC, what to you want to be when you grow up?
AOC - A socialist
Mum - Make your mind up, you can’t be both!
@Russ Gallagher Precisely.
M. Thatcher “ Socialism is great until you run out of other people’s money”.
South Africa's ruling African National Congress (ANC) has implemented their ideology of "transformation" in the whole society, which is unconstitutional as it is based on race as a deciding criteria for jobs and for membership of sports teams. So they are in direct contradiction of the constitution of South Africa. The constitution doesn't mention the word "transformation" at all.
When you go to vote in November, ask yourself, which is the party of peace and prosperity?
NEITHER!
There have been socialist government for one year in Finland and, oh boy, i can tell you, so much money have been gone.
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What happened?
The choice is not capitalism or socialism, that is not the point. Marx himself and his followers recognise that capitalism is required to transform an agrarian society into a technological, industrialized society. Once capitalism has exhausted itself, a period Marx dubbed 'late stage capitalism', a small number of revolutionaries was to take over from the capitalists and guide society into a transitional, socialist period. According to the doctrine, eventually this society would progress to full communism and it will not need to be governed anymore, at which point those in power would voluntarily step down. With that said, when presented with examples of countries where socialism failed in the past, believers in the Marxist ideology would argue that those countries tried to convert too early, late capitalism was not achieved yet, they were not ready. They will tell you that true communism was never achieved because those countries were stuck in the transition state. Today is not the first time in history socialism/communism is gaining traction in America, but in the past what has dispelled those attitudes is prosperity and improvement in the standard of living brought about by free markets and voluntary exchange. Today Marxists look at America and them its beginning to look a lot like that same 'late stage capitalism' Marx was talking about, increasing wealth disparity, stagnation, lack of progress which signals that the time has come for capitalism to give way to a socialist order. The real question we should focus on is 'Have we really reached the end of the road with capitalism?', 'Does capitalism have a limit to the improvements it can bring about to the human condition?'. I think to most of us here the answer to both is 'no', but do recognise that a lot of what is happening lately feeds right into the narrative that Marx presented over a century ago and is believed by people to this day.
Well worded. I believe we are seeing the stagnation and demise of the mixed economy, or corporatism. The choice is, do we move towards socialism (as Marx intended), or capitalism (as Ludwig Von Mises intended)?
The reason for stagnation is because the state has already entered into marxism when it instituted welfare, the income tax, the corporation and the federal reserve. True capitalism is the free exchange of one thing for another. The Mises institute is for true capitalism. Your "real question" can only be answered yes by those ignorant of the benefits of true capitalism and the absolute horrors of the welfare state. If you think the welfare state has improved the human condition then the mises institute will all be BS to you. I take it you have not read Hayak or Bastiat. If you think some one or some group who rose to power politically can offer any hope for the human condition you don't understand that truly evil people tend to rise to the top of political endeavors. The advancements made by capitalism in the last 100 years have lifted billions of out extreme poverty. Only governments with their socialist dictates have limited this progress. This current lockdown by socialists the world over will cause far more deaths to the poor than the virus ever will. Socialism is control by government. It is destroying the world now. Open your eyes to the world around you and see the consequences of socialism. Compare them to the consequences of true capitalism (not corporatism which is a form of socialism----where liability is removed on corporate officers by the state thereby inducing moral hazard.)
Read about PC Mahalanobis in our school history textbooks. He has a number named after him too! The textbook did not really explore exactly what he did or evaluate his contributions, but essentially cosseted him as “India’s greatest statistician” which was enough to give him a free pass under the guise of Indian nationalism among a well-meaning bewildered public. That they were being driven to poverty and socialized misery they knew but felt too embarrassed to admit in public.
A critical evaluation would have - should have - buried the guy. The level of socialistic indoctrination in India is extreme.
Great economic and education on socialism class. Thank you for this information.
I don’t need to know anything about socialism, it’s not a form of republican government, and it’s not a form of democracy either!
That’s because it’s an economic system, not a political system.
Nicholas Yager
It’s an economic system not a collective governing system! An Economic system that must be chosen by the people in their collective capacity through a legislative process to reach a majority consensus of the people in their collective capacity!
nfp none That was a bit gobbledegook. Socialism or capitalism can both be collectively chosen by a democratic process. I prefer capitalism, but if a majority of the people elect to have a nation run under a socialist economy then that is still democracy.
Nicholas Yager
Absolutely not, we do not have a democracy! A democracy and a republic are both collective governing systems. The difference is that the legislative assembly for a democracy is an assembly of the people as individuals, and in a republic the assembly is of the people in their collective capacity. Both have to meet specific requirements for assembly, quorum, and what constitutes a majority consensus to operate as a legislative assembly. The electoral system to assemble each, which is not a legislative assembly so it can meet different requirements to achieve the assembly of the people in their collective capacity, because it’s purely statistical, a random sampling to form a representation of the population as a whole, a smaller version but still the same, is done by representative density, the number of representatives necessary to exactly form a representation of the whole. For the federal government that representative density is set at 1 representative for every 30,000 persons in each state, which is a proportionality constant to maintain each state’s percentage of the total population when apportioning representation, suffrage, and direct taxes making them per capita equal for each state.
Socialism, Marxism, communism, all are deeply problematic at their core, as individual sovereignty of spirit and body are not central values. However so called free market capitalism suffers its own brand of tyranny. The central issue is that humans are not sufficiently evolved to live with respect for themselves and their environment. Only addressing the human condition will offer a way out of an otherwise inevitable demise of our species. This has to start with each of us, imposing good ideas on others is just more tyranny. And by the way, many of the failed socialist states, have been helped on their way by the meddling of the CIA and their running dogs (of which there are many) creating regime change wars, imposed criminal heads of state, trade embargoes and the rest...all manifestations of unbridled, unevolved capitalist endeavour...And the corporate successes you hold up as glowing examples of free market capitalism are only where they are through cronyism, criminal exploitation, conspiracy and unearned privilege, all at the expense of humanity and the planet...
so what is your argument against FMC, as if you think we have it? FMC has nothing in its creed with being created or regulated by governance.
@@KngsTiger I thought I'd explained the problem with any creed, as we humans are now. However, FMC as we have it speaks for itself, look at the endless wars, environmental degradation and de-humanisation that prevails. There are actually no free markets, only pretenses of such. Look at the lobby system and the revolving door between corporations and politics. Look beneath the surface at how global banking, pharma and military industrial interests run the show....it's just another face of the tyranny that will always emerge when humans live in fear of their own power and the responsibility that goes with exercising that personal power. Not power over others, but power within ourselves that comes with truly knowing who we are as sovereign spirits, incarnate. To get to that place requires going within, to own our individual shadow self, instead of projecting it outwards into the world, where disowned, they can and do, collectively wreak havoc...
So we haven't learned our lessons on socialism and collectivism like the Good Professor. I wonder if he has raised the issue of collectivism sneaking into the faculty through the back door of the faculty meetings and the national right to work committee? The capitalist who become collectivist. People like Henry Ford who wanted the government to build roads so he could sell cars.
32:00 - Why is wealth distribution critical for equality (of human freedoms)? Do you believe that this is a core tenant? Is this central to your thesis?
When he says that when we think of socialism we think of the Soviet Union he is dead wrong--I think of Norway, and when I think of the Soviet Union I think of Stalinism.
We need to bring back Nuns to teach 7th grade Constitution
If we had the kind od corporal punishment we had in my Catholic school in public schools perhaps we would have order and kids who actually learn and do homework. When you get get cracked with 3 yardsticks duct taped together across the back of the hands or across the ears you pay attention to what the teacher says. "Oh that's horrible" Well is it better that some become failures at an early age? Then they blame their country for their failure to apply themselves while attending the same public schools that other successful students attended? I was amazed at the complete lack of discipline in Public Schools when I switched.
In his book "The Nature of Civilizations" Matthew Melko describes three stages that every civilization goes through: 1) Feudalism; 2) Statism; 3) Imperialism. He also takes into account the culture of every civilization that has managed to go through all three stages. What's striking is the individualistic culture of China, has embraced socialism, and the imperialistic nature the US, already debating Universal Basic Income. The game is not over! As for Marx or Adam Smith or the Chicago School, they forgot to mention a fundamental code/commandment in their theories: "Do not kill!" No social or economic theory is valid, if you have to kill, in order to prove it works!
I would love to hear DiLorenzo debate marxist professor of economics Richard Wolf.
Why? Richard Wolfe is an intellectual lightweight. He got crushed in his debate with Gene Epstein and even Destiny made him look foolish.
@@Jekyll_Island_CreaturesJust because so many leftoids listen to him and believe he's wise.
One thing about socialism ...IT SUCKS ...ask people in oppressed = socialistic countries !!
Robrecht saski wanker
Im reading a new book of the great starvation in l867. Sweden had deregulated and liberal ideas of free trade and people taking responibility of their own destiny was strong. It ended up in extrem powerty and starvation as they did as US do today.
Those with money got even more, large part of the population lost job and housing and the elit enriched themselves.
Ended up with 25% migration to US and extrem powerty. Social democracy put an end to it, today we are one of the richest countries in the world and a social wellfare US cant even imagin of.
Independent Thinker You have several outstanding journalists in America. Listen to Pulitzer prize awarded Chis Hedges an investigating journalist.
czcams.com/video/GeE5WnTUsF8/video.html
Independent Thinker No we are not more capitalist than you are. But we might be more innovative and successful. We have more start-ups than the USA
We have no far right wing parties as Democrats and Repubicans. We had a right wing government for 8 years in the 80s. Introducing neo-liberalism. They were voted out and has never manage to get into power again.
Independent Thinker Around 20% has a foreign heritage in Sweden. Almost the whole population in US has a foreign heritage so why make a big issue of immigration in US.
Independent Thinker No, I’m not a bit worried. During Viking era 900 bc 50% of the population in Birka was of foreign heritage according to arceology.
We are according to your estimate already viped out 1100 years later. Another 30 years doesent matter. 😂😂😂
Independent Thinker .... Sweden is a capitalist free market sociaty AND have 5 week payed vacation by law, 18 month payed parental leave, 90% sick leave, free education, student loan 0,2% interest, $10 to see a doctor max $180/ year incl surgery and hospitalisation, max $ 200/year for medicals. Progressiv fee on child care depending on earning. AND heavy regulation on privat companies in comparacy to US
I payed $10 to get my hearing examined and will be provided with hearing gear for free.
Trump use to smear us as soon as Bernie Sanders talks of universal healt care.
To some we are capitalist and to others socialists.
Thank you from Santa Cruz California
Speaking of morality, not much morality when it comes to our own gov. Vietnam, Iraq just to name a few. Whatever this gentleman says about socialism reflects the capitalism of USA the last 40 years.
28:28. “.... the worst crime in human history ...” is the patriarchal enslavement of women.
“The rise of patriarchy was the world historic defeat of woman” : Frederick Engels in ‘The Origin of the Family, Private Property and the State’.
The principal but not only weapon of defeat ? Marriage. Patriarchal marriage.
Under patriarchy womyn are dispossessed, disenfranchised, disrespected, defeated, degraded, debased & enslaved.
One of the very best accounts of the story of womyn’s world historic defeat & degradation is contained within the Christian Bible - starting with Genesis. “..and thy desire shall be to thy husband & he shall rule over thee ....” WTF Also “....God said unto them, Be fruitful, and multiply, and replenish the earth, and subdue it: and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth...” Words fail ....... !?!?!?
Unless we dismantle patriarchy (whether of the religious, capitalistic or socialistic genre) and re-elevate womyn back onto the pedestal of worshipful male reverence WHERE WE BELONG we’re doomed. Unless all men and boys DEFER to their moms in ALL MATTERS, we’re doomed.
Patriarchy ? A ‘wife’ is quite absolutely an unindentured domestic servant, a sex slave most craven, and a bound, shackled and stabled brood mare. Even if her husband is a nice bloke. Indeed, in one terribly real sense nice husbands are the worst, as they camouflage the heinous reality of wifely servitude and debasement.
Even a most cursory study of nature immediately reveals that the femayles of every sexual species are universally centralised, with males just as universally marginalised.
Just saying ......
OMG, you totally had me! :D ...I think if not for your nudge-nudge use of all-caps in the forth paragraph I might be currently committed to spend the hour in cleverly crafting a persuasive reply. Luckily though, I broke from your spell in entering your provided exit. Your rhetoric is clearly far craftier than any I may have provided through my lack of paying full attention, and I thank you for the spur in my now taking quicker liberty to join my kids outdoors and better enjoy the day.
You're nuts. Try working on an oil rig to feed your family before you talk about servitude. And if you hate sex, don't marry. No one in this country will force you.
Wow
The amazing part is some women believe this stuff. Did someone force you into marriage? In case you didn’t know, you can get a divorce.
A pedestal doesn't sound like a very egalitarian place.
Yeah good, but isn't it weird that these dudes come out of nowhere just when they publish a book?
No private corporation has the power or authority to place a tax or a lien on a man's property without due process of law !
This is what is happening in New Zealand right now. Its very advanced.
TRUMP 2020
I like the new york city / street signs analogy.
Stalin had to step away from the ideal of international socialism and take up the banner of "Socialism In One Country".
Wow! I want to talk with all of you making comments. Thank you for sharing, Jay Muzquiz, & all!
Apparently, Yuri did not convince our government the cold war was over, based on the proxy war in Ukraine.
The difference between Socialism and Capitalism is shown by a simple example at the worker level. Take ten ditch shovelers and pay two of them for not doing any digging, pay three of them for whether they dig well or hardly at all. Now pay the other five shovelers a premium for how well and how fast they dig. Of course, the five paid well for the work performed will have a higher living standard based on the increased funds. Then turn around and tax the five good shovelers to pay the cost of the poor shovelers. The stated purposed is that you are seeking equality of living standards. Noted is all the intellectuals who are for this never really held jobs (Karl Marx). Now the five taxed workers start thinking why not join the other group as it doesn't really pay to work so hard. Now apply this same principle to a factory owner who has his profits scooped up by the state to pay for all this free stuff and viola ! ; you have full blown Socialism. No matter where it is, how it is implemented; it always ends up the same way. Equally dirt poor society and a super rich elite. Funny, you then end up with a sociality that can't even dig a ditch without compulsion and force.
Greed is the enemy of Capitalism.
I like what this guy is saying, but can someone please explain to me why he doesn’t like Lincoln???? It’s very rare to hear someone put Lincoln down.
Lincoln perpetuated a War with the south nearly destroying it killing 10s of thousands of Americans on both sides of the Mason-Dixon line. He did this because he could using the industrial strength of the North and his newly formed Republican Party. Imagine what would have happened if Lincoln did not perpetuate the Civil War. Slavery would have ended anyway, but without the destruction of the South and so many American lives.
The main question is not the class of system but what gang takes hold of it
You had me at Kudzou. That weed is not to be messed with. Well, back to Democratic socialism...a great subject,,this speaker really gives it justice. I got at least 3 books to buy after this discussion.
Why.did you make that comment about Abe Lincoln?
AN enlightening talk. Just amazed that not a single mention was made of China, which although now a barely quasi-socialist country is nonetheless the largest, most productive and most populace surviving example today. Not to mention Donald Trump's major protagonist.
Don't ya just love Tom DiLorenzo? Such a mensch!
He has a funny view of Britain's economy. Things were great in the 60's and degenerated to such a dreadful extent, that by 2006 I leaped at the chance to move to Bulgaria, where I have been happily to this day !
17:01 Senator Armstrong ? :)
If you can get them to read it, great.
Very refreshing - thank you
Got follow what’s going on in Venezuela.
The opposite of socialism is not capitalism, but individualism.
A group of cooperating people can do more (good or harm) than the same number of non-cooperating individuals.
For capitalism, the highest goal is capital (money).
For scholars, the goal should be knowledge, or truth.
"Surely, when wealth and the wealthy are honored in a city, virtue and the good men are less honorable."
Plato; Republic 551 a
It is good to know, that: Private individual (a man who only cares about himself) is in Greek ιδιώτης (idiótis).
(the origin for internationally known word "idiot")
Why Marx is against the "international division of labor" - true. Division of labor, domestic or international, works against the interest of the working class and benefits the capitalists. The division of labor exports jobs from the original factory or from the country and local workers lose their jobs. It benefits the capitalists because it is one of the ways of reduction/distribution of the risk for the capitalists. In a communist society the economy is organized on planning. Therefore, there is no need of distribution of the production risk, which is minimized in communist economy.
26:12 - In America, when the telecommunications companies were privatized, who got the wealth? What capitalistic/democratic process was used to determine who would "own" them?
In socialism ones, value is based on what a person can contribute to the collective. To me, a "libertarian" a persons valu is based on being a human.
June 2023. What now, Tom? what about our grandkids ?
Fascism was invented by the Italian dictator Mussolini. Mussolini described fascism as: "The partnership between corporations (wealthy elites - Wall Street bankers) and government in such a way that the corporations are the senior and controlling partners".
This pretty much describes the United States!
All people compete, and as corporations have super-individual political power through the faux notion of equal status as individual citizens when in fact corporations are not citizens and have far greater financial assets than ordinary individual citizens - and therefore far far more political power (in a system where "money talks and bullshit walks" ) than individual citizens; thereby destroying the status and ability of individual citizens and their families to compete against financial elites', owned and operated corporate entities, in a political system where millions of dollars are necessary to become elected to any local or state's public office; and many many millions to get elected to federal public office.
Bob Dylan said" money doesn't talk it swears" and I say it doesn't talk it swears very very loudly!
The USA is run by and for corporations which are owned by Wall Street financial elites and other very very wealthy individuals. The amount of money required to obtain public office in the USA means that very wealthy donors (monetary elites) control the political system in the USA through massive donations to thereby corrupted politicians. This is functionally a fascist, elitist system where corporations and their wealthy corporate owners control both the MSM and the major political systems (local, state and national) through (payola) donations to compliant and ideologically subsumed (corrupted) political candidates. America is run by and for wealthy elites and their corporate interests. One example is unnecessary wars. War is the most profitable human undertaking for banks, corporations and the financial elites who own them. This is why America has rarely not been, involved in foreign wars to, in the final analysis, topple democratically elected and other un-compliant governments world wide; and to corrupt the American political and judiciary systems where ever and when ever possible; and to destroy even the idea of democracy where ever and when ever possible- but most of all to assure the creation of a fascistic government which can transfer billions and billions of dollars from wage earners to wealthy elite corporate owners.
Folks... this IS fascism masquerading as finely tuned capitalism.
Wall Street criminal banksters, led by the criminal Federal Reserve (which is neither federal nor a 'reserve') which by the American Constitution is illegal - the American Constitution says only the U.S. Treasury can create American money NOT Wall Street criminal banksters!!! Trump needs to revert to the Constitution and end the FED, use the Treasury department to provide any money additional to taxes required to improve American's lives and America!
As all money is currently based on debt, and literally therefore, if all debt were paid off tomorrow (actually an impossibility as all existing money is 'debt' created money and therefore the 'interest' money does not exist - it has never been 'created'!) there would literally be no money existing in the economy!
If Socialism is such a bad thing or even communism for that matter, why does a (so called Capitalist Country like America) have to revert to Socialist principles during times when cracks appear in the Capitalist System, or times when the Capitalist System cannot cope . The Socialist Principles introduced ,benefit the top 1% to the exclusion of the bottom end, ie Socialism for the super wealthy and Capitalism for the rest. I wish someone could answer.
Going into a battle and not taking your weapon just to prove you are free isn't very bright is it? I
Well done Thomas J. Dilorenzo
The biggest problem with today's college youth is that they are followers of whatever is trendy or sounds good, they are not big into actually thinking and analyzing anything - Socialism is the system of the envious and the devious...