Marx and the Continuing Influence of Socialism | Benjamin Powell
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- čas přidán 14. 05. 2024
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“Marx and the Continuing Influence of Socialism”
Benjamin Powell
Texas Tech University
This speech was given on November 6, 2023, during a Hillsdale College CCA seminar on “Great Economists.”
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"Democracy is the road to Socialism." - Marx
"Socialism is the road to Communism."- Lenin
"Communism is not love. Communism is a hammer with which we crush the enemy." ~ Mao
" It was patriotism, not communism, that inspired me. " Ho Chi Minh
The more I think about it Democracy is the road to everything . It can lead anywhere. That's what's AWESOME about it.
Which is why America is a Constitutional Republic!
@@seymourbutts4654Nope
"Fascism is the stage reached after communism has proved an illusion." Hayek
The predominance of Socialism among the younger generations is an illustration of the brilliance of the "Long March Through the Institutions" strategy.
"Socialism of any type and shade leads to a total destruction of the human spirit and to a leveling of mankind into death."
-- Alexander Solzhenitsyn, 'A World Split Apart' address, Harvard University, July 1978
That’s a apt description of Canada and the nordics « suffering » with their high placement on the human development and QOL indices while the US « champions » the ever widening wealth gap and shrinking life expectancy. USA! USA! USA!
Look at zapatista controlled regions of Mexico. They're socialist and they're better then the regions controlled by the Mexican government.
[This comment is addressing a point he makes later in the talk and I recommend listening to the remainder of this talk on the Hillsdale link, above]. I would say that one of the first and best ways to correct young people's misconceptions of socialism and capitalism is to agree amongst us all NOT to use Marx' pejorative word "capitalism" and use instead better descriptive words like "free enterprise" and "free markets". How about the slogan: "Ban Capitalism" referring to the word but you would get a lot of emotional agreement. Differentiate free enterprise from capitalism or make a new word "free capitalism". If kids are emotionally reacting to the word capitalism, stop using it.
Perhaps. But also the misconception that unfettered free markets = democracy also requires correction. As a side note, why is this presenter smirking during the presentation. What it tells me is that the preacher and the choir are not in intellectual -healthy skeptic mode but in we all know what I’m saying is absolutely true and isn’t Marx silly. Not healthy.
@@miklmiklmtrcycl6009people who smile are happy. Not everyone is as miserable as you.
I also think, it’s not capitalism, free enterprise or things like Christianity. It’s about sick, greedy & corrupt people who ruin everything they touch.
OK!
Where’s the rest of it?
Powell, referring to the 2008 recession: "...this was the house Uncle Sam built that we experienced, not free markets." That is just plain hogwash. What caused the 2008 recession was the de-regulation of financial houses, allowing them to ignore the risk inherent in their lending, coupled with the advent of credit derivatives, which allowed a huge increase in the money supply. Former Chairman of the US Fed Alan Greenspan said as much. He was quite clear that markets had failed to take into account what the "risks would be" when credit derivatives grew from a few billion to 60 trillion in the space of 8 years. Since that market collapse, people like Benjamin Powell have been trying desperately to rewrite history, and make reality disappear.
So obvious. Democracy and captitalism are not intertwined. Capitalism and covernment support and controlling of the markets are. And we are reaping the rewards of that: socialism for the rich and we a allowed to eat cake
They were deregulated, and pressured to give loans, to unqualified borrowers, in an attempt to let more minorities become home owners. Definitely a socialist agenda.
The deregulation stemmed from an attempt to make more minorities homeowners. I would call that a socialist agenda.
I've had two responses deleted immediately. Powell isn't the only one rewriting history and making reality disappear.
I've replied three times, all deleted by CZcams, congratulations on making your point so well.
👏🏻
32nd, 26 January 2024
Very slow start for Powell, but finally gets to bat.
As a socialist, I'd like to say I heard some claims without a lot of evidence.
You wouldn't have this problem if capitalism didn't fail the populace all the time.
How? It provides jobs to enable us to eat.
Which country do you like more ?
@@happyappy19931Exactly. And I don't particularly relish the thought of Soviet bread lines. That is, when there's bread.
that's why people from the Soviet Union scrambled to immigrate to capitalist countries, that's why china is now capitalist, that's why America is the world super power.