My kids and I used to talk about anything and everything.( All in their 20s ).. now I have to tread lightly through conversations to avoid being called a Nazi. Political discussions cause their blood pressure to blow.. I was so happy when they went to college. I thought they would have a future now,, but it ruined their futures because of the leftist beliefs that were spoon fed to them. My son ended up with a generic degree just so he could graduate. Activism ruined his studies and goals.. I am afraid that once this generation starts occupying govt. seats, like Cortez and others now, the USA will be finished. I am a veteran, I love this country, and my own kids have called me a Nazi because I voted republican. I will never get over that.
@Paulo Chan I feel for ya.. and we aren't rowing that boat alone. We have to hope that a few more years of jobs and economy helps them to realize the benefits of our society and come around.. son is out of college now and starting to learn real life. Slowly but surely.. whatever generation, we have to be patient and honest.. can't sell out. Good luck
@Bill Randall We definitely need new solutions for education. OP got screwed because he, like many, thought society was enough. It is not enough. A good portion of our society is going down a road of disaster and we need to make sure we don't go with them.
art american On the UK side of the pond, I managed to brief my daughter on the "niceties" of socialism and what to look for before she went to university. So sorry to read about your experiences.
One of the biggest issues I have with Socialist Rhetoric is the paradox created by believing that "the worker should own the fruits of their labor" while simultaneously believing in wealth redistribution. You cannot logically hold these two beliefs at the same time. If you own the fruits of your labor (which is actually quite Capitalistic) then you cannot believe in a system based upon having those fruits handed out to others, by others. You simply cannot have both.
@@maksimilijan5029 That doesn't address the contradiction in the rhetoric. Secondly, scarcity is never conquered. It's a constant. You've also got a good bit about trying liberate people's potential but even this falls flat as Socialism does not allow for this. Forced collectivism does not allow for human flourishing. It can only place limits.
Millennials will vote themselves into poverty, I promise you this. As a young man, I can only wish that I was an adult in the 1980’s so I could avoid this coming economic storm. It’s gonna be rough
@@soulfuzz368 Truly, without dutiful hard work of benficial outcome, compulsive self-rewarding indulgence becomes weakness. When is it time to "retire"? When we're dead.
@vertex2100….. you badly need to understand socialism. I used to think like you a long time ago. But I learnt Capitalist governments are also not honest. America has lied, the biggest liar is POTUS at the moment.
Oh, there were big differences between the fascists in Italy, the socialists in Soviet Union and the nazis in Germany. Huge, fundamental differences. Stalin had a big moustache, while Hitler had that ridiculous moustache, whereas Mussolini had no moustache at all. And moreover, the Italian fascists ate pizza, while the german nazis ate sauerkraut and potatoes while the Russians, when they ate at all, they ate caviar! Big, fundamental differences...another huge difference is that the Germans killed people using gas chambers, while the Russians starved the prisioners to death. But they all killed zillions of people showing lots of love for their victims...
@@bjrnhagen4484 You see, there can be no coexistence at all between socialism and capitalism. Make no mistake: the socialists conspire 365 days in the year to destroy capitalism. A normal person is in doubt about which system is better. Then he analyzes both and concludes that capitalism is far better than socialism. Then, what does such normal person do? He chooses capitalism. Now what a socialist does? Even a socialist knows capitalism works and socialism does not. And being a socialist then he strives to destroy capitalism, because once capitalism is destroyed people will be deprived of the means to make such comparisons...and this has been the dreadful history of the whole 20th century, the socialists killing at least two hundred million people all over the world. Their golden dream is to create a society with no free enterprise, in which everyone will be a public (and very obedient) servant and the concept of profit (the mother of all evils!) will be eliminated simply because every banker and every businessman will have been slaughtered. This reasoning sounds crude, but this is exactly what lovely Stalin did in Russia, what sweet Hitler did not only in Germany but in the whole of Europe, this is what caressing Mao did in China, Castro in Cuba, and now we are witnessing the spectacle of what socialism in practice is in Venezuela. I myself, whenever I stumble with a commy the guy will always have a rough time and I think in the US the average citizen is not aware that the left has already taken control of the media and of the universities (just like they did in the whole of Latin America). When I was a teen ager I used to read articles in the New York Times written by, say, James Reston, and his articles were always lessons of common sense, etc. Now the "journalists" are illiterates concerned with promoting the LBGT agenda and the like (and all this follows a socialist strategy). The socialists are out there to slice our throats, make no mistake about that. And this is why I never allow them to go unanswered when they talk the idiotic things such as the ones spoken by Bernie Sanders, etc.
@Dim You see, when the Berlin Wall fell and Soviet Union went down the drain, I felt pity for those zillions of guys that I met my whole life until the demise of the Evil Empire who were leftists. I wore their shoes and thought how difficult it must have been for those guys who blindly believed in the promises of the socialist paradise and all of a sudden discovered that they had devoted their lives to a wrong ideal. How difficult it should have been for them to discover that capitalism which they had attacked all their lives was afterall delivering much better results than socialism. So, since I felt compassion for those idiots, I stopped criticizing them. And then, to my utter disbelief, I discovered that the fall of the Berlin Wall and the demise of Soviet Union did not shake their beliefs at all. To the contrary. It reinforced them. They contended that the Soviet Union went down because it did not follow the true socialist principles. It had deviated from them, and this is what caused their downfall. I live in Brazil and what I discovered just like all the Brazilian population is that when the Europeans kicked the socialists out of Europe because they were utterly, completely demoralized, they regrouped, gathered their forces and moved to Latin America, and concentrated all their power in order to capture all the Latin American countries, and these guys are not guided by any ethical or moral principle, so they consider drugs a 'legitimate' weapon of war against capitalism and The Great Satan (USA). So, the former KGB went to work hard to develop the production and distribution of cocaine produced under their auspices in Bolivia, Peru, Colombia, and the plantations protected by their guerrilla, etc.and their ultimate goal is to destroy western societies by destroying their youth, etc. And they attained total control over the Social Sciences Departments of all Latin American Universities, and total control over the media, and they lie twenty four hours per day 365 days per year. We, Brazilians, are slowly beating them up, and we have discovered that when the socialist Brazilian leader Lula became the president of Brazil he mounted a corruption scheme never seen probably in any other government anywhere in the world. This is not a case of political persecution. It is a proven case. Lula is a thief, as well as his party, the Workers Party and this is well documented and Lula is in jail, and together with him hundreds of socialists who were conspiring to destroy democracy. Lula is responsible for the rise of Hugo Chavez in Venezuela, and those other idiots in Central American republics. And the point I wanted to make is that despite all the evidences against them, they keep lying, they keep denying they did what they had done, and they keep saying they are poor victims of the burgeousie and the "extreme" right, etc. These guys have a fixed idea. They want to reach the power and are willing to do anything to reach the power and once in power they will do anything to remain in power. So, I have learned my lesson. The price of peace is the eternal vigilance. If you want peace, you'd better prepare for war. And when I see a commy, I kick him. I never allow any commy in my presence to start saying those 'beautiful' things they always say: 'Karl Marx said...' when the guy starts talking like that I run the steamroller on the guy. And this is the only way to deal with these guys. They are genocides. Period.
Socialism is extremely appealing to people that have never had to work very hard or people that simply don't want to. That should give you some insight into the type of economic system it is
@@jamesandayladodge4815 you are right though, greed must be mitigated. That isn't done with the heavy hand of government though. That is done at the level of the individual, by promoting ethical value systems.
Here in Australia we’ve got socialised medicine that has brought rationing of treatment and queues of ambulances waiting outside hospitals to unload their emergency patients 🇦🇺🇦🇺🇦🇺
My wife had CIDP and treatment cost over $1 million, which took her from being paralyzed to walking around today. She talked to someone from Australia who had the same disease. That treatment is not available there (cost he assumed) and he had been in a wheelchair for years. Sad!
gold-and-black-anarchy You’re waiting for months or years depending on what you need. Emergencies are usually seen to straight away, but sometimes the ambulances are waiting in line in the hospital car park because there’s no available beds inside the hospital
To be precise it destroys the *possibility* of present and future economic progress(although countless regimes destroyed the country that was in front of them)-after all it's wealth that has causes, NOT poverty
Except, it's not what socialism is about. Capitalism is about stealing as much money as possible from the workers, and the epitome of it is to earn money without working at all.
We have socialism in canada.. result = long wait times for medical care.. I am sick of people saying canada has free healthcare... out taxes are oppressive... what is he max % of income that should be taxed in any society ? For me it’s 33%
When you refuse to vote, you essentially let the other side win by default. I'll never understand that line of thinking that encourages not to vote. That is giving up. If we did that, Hillary would have won. Yes, get out and vote. Vote as if your life depends on it, cause it does.
It seems weather one votes or not the end result is always the same. Look at all these politicians once they get into office it's almost impossible to get these vermin out. Most those assholes work all the way till they die. Case and point... john McCain and that other congressman from Hawaii who died of old age at his desk. Pelosi Bernie Schumer and the rest of those low lifes will follow suit.
Every vote is a vote against. Here in Holland there is a phenomenon called "against-voting" (makes sense with Dutch grammar)), that refers to people voting against a certain politician (party) (usually the left, doesnt help, tho, they never learn; next elections, they campaign with the same ideas), though any vote is also a vote against your neighbour. Voting "for"someone makes no sense; the vote against Hillary was what the country needed.
The speaker lost a lot of points by saying he doesn't vote. The parties are not the same and the democrat party does cause ruination. Pray for the USA.
@@Menaceblue3 Nah, they're literally just high school science classes with powerpoints. Not exactly impressive. Maybe some portray themselves as grandiose, actually most do, but they are usually tired ideas that are not exactly something to entertain any time soon.
@Tuco Malatesta Lol, it's just the opinions of economists from the Austrian school of economics. Same thing as what Marxists, Leninists, and Keynesians preach. You think yourself an intellectual though yeah? xDDDDDD
But every Capitalist is an *expressed, realized* Dictator, no? They must be, for the sake of their Firm. One MUST dictate material inputs and economic outputs, working hours, worker behavior, wages, prices, and so on, or surely their Firm will either fail, or the worker's will simply take it over and run it for themselves (a socialist co-op, for instance). This is not so much a personal value judgement as a critique of the Capitalists' Dictatorship of the Bourgeoisie. They MUST act in this way, because being an employer presupposes having employees (and the inverse). My point is to be careful with assigning personal value judgements to the people in a system, or put another way, "don't hate the Player, hate the Game." -Me, a communist, awaiting critique.
@@dethkon Read "The Black Book of Communism" and you will see the failure of communism which is socialism too. Why should one give up his Individual rights for a so-called ideal of the greater community? It is unrealistic and Statism. Capitalism is not corporatism or fascism (socialism also). Capitalism believes in individual private property. Since 1933, for example the Common Law court systems have been changed to admiralty or statuatory courts. That is Statism, hidden promises under the guise of everything being free...You should read more about libertarianism, writers like Murray Rothbard, Lew Rockwell, Joseph Salerno, Walter Block and try to understand what Communism actually is and what private property capitalism means...
dethkon, what you're describing as dictatorial is not so much the average employer/capitalist as the legal system of enforceable contracts. What you describe as the employer dictating "working hours, worker behaviour, wages, etc." is really just the employer insisting that the contract (voluntarily entered) be honored. If you hire a contractor to add a room to your house, does it make you a "dictator" if you insist he complete the job in a timely manner? As far as socialists being secret dictators is concerned, I have one request. Make Socialism voluntary. If you get into power, leave those of us who don't want to participate alone. Can't do that? Then you're a dictator.
@@dethkon You are full of shit! Your system is full of shit! Stay out of my country or else! Hows that for a critique! Im not so full of myself as to think that I could top Ayn Rand.
is someone out there who can explain the difference for common people between big corporate run by managers and socialism run by the nomenclatura? I guess there is no difference in the end of the day your pockets will be equaly empty
Yes, this is not a democracy. It is supposed to be a constitutional Republic, for the Individual, by the Individual and supportive of all individuals to have a voice. Voting is another thing.
@@worsethanjoerogan8061 Votes don't matter. The candidates for both sides are vetted by the real world rulers anyway. Enough of their agenda will get done no matter which puppet politician is elected. The whole purpose of governments are to put in place the agenda of the world leaders. Nothing ever gets any better no matter who is elected because once elected, politicians answer to the world rulers. Politicians are just modern day slave masters. When you vote all you do is choose slave masters.
@@worsethanjoerogan8061 Actually, it doesn't. I've been voting for the same political party for the last 20 or so years - the second biggest political party. It hasn't changed my life in any way, big or small. It doesn't fit the potholes in the roads, the responsiveness of government departments in doing their jobs or the many failures of my government in creating jobs, delivering services or the prevention of ever-increasing violent crime. So no, votes don't matter. It's meant to give people the illusion of having control when the political party decides which candidate gets to sit in the big chair and who you get to vote for. If your political party has a super-majority in your Congress (like my country has), other political parties don't matter, even as opposition (and like my country, there are ways and means to subvert votes if you're smart about it, like the biggest political party is, to some degree). Bad policies still get made, poor legislation still gets drafted and passed. And the people on ground level get shafted... all the way, all the time. ;)
For bad things to happen, all it takes is for good people to do nothing. Not voting (if your fortunate to live in a democracy) is exactly that. Use that vote wisely
@Death Metal There are plenty of You Tube videos of Havana, Cuba by people for and against communism and the one thing I have never seen is people living under traps and driving grocery carts with all their belongings like the homeless in LA.
Vincent Avila BS from a guy that has been featured in several books (for example Hollander’s and Sowell’s) as a moron who got fooled by communist propaganda. The useful idiot of history. Mr. Chomsky (a millionaire who hates capitalism and freedom).
In melbourne Australia our immigrants clog up the emergency department with colds and coughs. Last time I needed stitches I just did them myself 8+ hours wait in ED
Same here. Its free if u cant pay, but in a large city, long waits. Or on weekends etc. Especially if u go to a county hospital. But they cant turn u away at a private hospital for an emergency, so remember that
The same thing is happening in the USA. 8+ hour waiting time and the cost is through the roof. Why? Because the “immigrants” don’t have any money or insurance to pay their bills so the costs of their care is passed on to the country’s citizens.
When people find they can vote benefits for themselves from public coffers ...they will and destroy your country. Only those who work should be allowed to vote. Lol
@@rikkousa why do they think there are no jobs and no way to get "unburied" from their student loan debt? The U.S. has its lowest unemployment level in more than 50 years and wages are rising rapidly. Also, these young people do not have as much debt individually as they say they have; most of them have less than $40,000 to $50,000 with very low interest and a very long time to pay. I'd say they got a great deal since they ended up with a college degree for quite a low price.
"If we are to govern the entire world, we must first eliminate all belief in God, remove all love for family, remove all loyalty to community, to country, beliefs, faith and religous dogma" -- Bernard Chisolm; former Director of the World Health Organisation and Vice Chairman of Socialist International, in his 1959 address to the United Nations.
03:37 - Destruction is the essence of it: Socialism. 03:39 - Socialism produces nothing. 03:40 - [Socialism] it only consumes what the social order -- based on private ownership of the means of production has created .
@@rodneyleon3645 "This man is up Trump's socialist ass." That was an interesting comment, weird and insane but interesting. I'll agree that Trump has his socialist traits, but DiLorenzo being a MAGA hat wearing Trump toady. I think you know nothing sonny.
Rodney Leon perhaps you need to take a deeper look in to the past. Our country has been headed in a socialist direction for a long time. Since WW1. My question for you. What’s wrong with a free market? Do you not like the idea of being able to exchange with who ever you want, and not being ripped off by a third party? Do you like the idea of a third party telling you what you can and cannot trade? These concepts are not hard. They can get a bit complicated, but overall everyone would be more wealthy.
Also: Go and visit some of the former USSR countries, see what a mess their economy is now and the ruins it left behind, I have and it isn't pleasant at all to see! you can feel and taste the death of what Socialism/Communism left behind
44:12 That's what happens when you work in a non-democratically owned and run business and are a slave to a corporate master. It's more difficult for worker co-ops to compete with Authoritarian businesses because Authoritarian companies can get away with paying their foreign workers even less than their domestic workers and other unethical practices. e.g. Pharma companies not providing a cure for a certain disease because it's more profitable to treat the symptoms as well as raising prices for drugs that many people have no choice but to buy if they don't want to die.
I wonder why the big unions didn't negotiate for shares in the auto companies, say, rather than bigger pensions. It would have make the workers fellow owners of the means of production.
@@sanniepstein4835 What would you then do if these "fellow owners" do things that negatively affects their fellow "owners", like strongarm tactics to bring their opponents in line with their thinking - you only move the boogeyman element from the employer to a select cabal among the workers - it still doesn't take the element of exploitation away. (SOURCE: books.google.co.za/books?id=atD1CQAAQBAJ&pg=PT94&lpg=PT94&dq=where+have+labour+unions+strongarmed+their+workers?&source=bl&ots=wbCi-IFEtG&sig=ACfU3U2GA2gN0ted61FUtxq0ukfj6rTBoQ&hl=en&sa=X&ved=2ahUKEwjQvYur_trjAhUSUxUIHcGyDVoQ6AEwC3oECAgQAQ#v=onepage&q=where%20have%20labour%20unions%20strongarmed%20their%20workers%3F&f=false)
Two Russians queuing for free bread in the snow. One says "It's so cold, I hate waiting in line" to which the other replied "It could be worse, we could be in America where they don't give out free bread".
Sad thing is Bernie Sanders said something very similar, with a positive spin. Lol he said , so what they have to line up for food, at least they have food, speaking on Venezuela, meanwhile they are eating zoo animals. ...if they are lucky.
Once he started to talk about Venezuela I had to stop, I was with him up until then. Capitalism that is destroying Venezuela ,and the sanctions imposed by the so called free market of the American regime. Why does the land of the free not let market forces and the free market dictate in Venezuela. Before Chavez came to power ,the free market prevailed in Venezuela ,and if it was so great ,why did the people opt for change. I would love to see Professor Wolf debate with this guy, Wolf would eat him.
I did just fine before Obama care. I purchased my own health insurance for a fair price. My private insurance always paid out the amount it was supposed to pay for any health costs. Now I don't have good health insurance. Affordable Healthcare Act policies are entirely too expensive for me. And the deductible and copay are much too high to justify the insurance policies. So, the best I can do is live as healthy a lifestyle as I can. (And I always have) , and hope I remain healthy. I will pay for my own healthcare out of pocket when it is needed. And of course look for the cheapest prices for healthcare before doing business with any provider.
Endo Alley Obamacare was the first time I became "politically aware" and attuned to the corruption and thievery Socialists in our government get away with. Thanks, Obama.
@@johnjackson9767 the problem with the Affordable Care Act is that it was merely an effort by health insurance companies to force you to apply with them. There was no public option for healthcare here, it was merely crony capitalism doing what it always does.
Part of the problem with the USA is we’ve had it good for a very long time. Too many people have no idea what it would be like to live under A Socialist/Communist dictatorship. They’ve bought into the idea that it will be a utopia where everyone gets equal pay, equal houses to live in, etc... Unfortunately, they’re going to have to learn the hard way.
Cant afford to invest in gold or silver? Invest in lead. Plain lead Hollow point lead Copper washed lead Full metal jacketed lead Lead is a good hedge against inflation and can act as a safety net in times of civil unrest or should an economic collapse occur. Lead is easily traded up close and personal or down range. Lead will always hold its value.
I have never heard of this speaker, and this channel. Glad it was recommended. I am learning about cultural marxism and socialism generally, to ensure the USA rejects it. Thank you. Destructionism is a good term.
20:00 - Classical Liberalism Property, freedom, peace, equality under law, inequality of income, limited government, tolerance. Ideas attacked voraciously by Socialists. These ideas lay the groundwork for acceptance of markets, capitalism and private property.
The most convincing claim in this lecture is that the author wrote his book on Socialism in only 4 weeks. I generally prefer to get my information--especially on a topic as complex as this one--from people willing to spend a little longer. But maybe that's just me....
So you assume that he knew nothing about the subject when he sat down to write his book, and learned everything he knows about socialism in that four week period?? When you know your shit, it doesn't take long to put it down on paper. Isaac Asimov could write a book over a weekend. Does that mean he didn't know what he was talking about, either?
@@Luthiart Asimov wrote science fiction. Is DiLorenzo's book fiction then? That would explain why the book is so hysterically long on myths and sensationalism while being short on logic and scholarship.
@@tenmanX Uhhh.... Asimov wrote lots of non-fiction books. Everything from mathematics, to physics, to history, to BIBLE INTERPRETATION. My point is; the amount of time it takes a person to write a book has absolutely NOTHING to do with their depth of knowledge on the subject. It sounds like you assume that a an author starts writing a book with absolutely no knowledge of what they're writing about, and learn it as they go.
@@Luthiart I assume nothing about DiLorenzo's knowledge of his subject when he started to write his book. It's just that I found his book and this talk disgracefully inadequate and downright dishonest. Definitely not worth the time I spent reading it. Asimov is false equivalence, in any case. The respect and passion he brings to his subjects is missing from DiLorenzo's book and this talk. Asimov writes to question and stimulate, either as a knowledgeable expert or an excitedly inquisitive layman. DiLorenzo is an indolent pamphleteer with a chip on his shoulder about a subject he wishes to suppress and obfuscate.
@@tenmanX I'm not comparing Asimov to DiLorenzo as an author. I was just trying to illustrate that the time spent writing a book has nothing to with the author's knowledge of the subject matter, and I don't believe you've actually READ DiLorenzo's book, or know anything about him. I think you just wanted to come off like a pundit.
Thomas J. DiLorenzo is correct. -Communism and socialism in their history and theory - thought I'd share it 300pg archive.org/details/communismsociali00wooluoft ~by Woolsey, Theodore Dwight, 1801-1889 - Theodore Dwight Woolsey was one of Yale's greatest teachers of Greek before being elevated to the presidency of Yale in 1846. He was graduated as valedictorian from Yale, spent one year reading the law in Philadelphia, another two studying theology, then following a brief tutorship, during which he concluded his theological work, left to study Arabic in Paris, then Greek in Leipzig, Bonn, and Berlin - * During his tenure as president of Yale he became a recognized authority on political science and international law.
Price/cost does not equal rationing. Doctors don't come out of thin air. They have to study, train, practice and be equipped before they can do a single procedure. Just like McDonald's needs team members, training and buns, hospitals need universities, sterile beds and needles. The only difference between health care and fast food is that people are a lot less likely to die young if they don't eat fast food, whereas they're much more likely to die young if they don't get the health care they need. Rationing never enters the equation in American health care because cost is not the same as rations.
False equivalency. The price mechanism more efficiently distributes resources and administrative costs plummet. The cost of healthcare skyrocketed over 80% as more government programs/regulation came to be. An excellent resource regarding the evolution of the cost of healthcare is Dr. Doug McGuff. Look up his healthcare cost presentation and it will be very evident how vastly better voluntary healthcare is as opposed to government coercion.
What you should know about DiLorenzo. He thinks Lincoln should have allowed the slave states to leave the union. DiLorenzo see's slavery as the right to sell ones body for an agreed upon price. The League of the South a white supremacy organization is a place where DiLorenzo feels comfortable.
yeah it sure is.. soaring mental illness and depression, in a 'perfect' capitalist society where you have to work your ass off to pay the debt for a house you don't own , where if you get sick you wont have money to pay for a treatment , tell me more about free market capitalism please ??
@@BaneTrogdor so you think it's fine for someone to work build a something for their family...insofar as they can. And when those that lived in that dwelling don't all reside there, someone else walk up and tell you to vacate....what? F that. No system is perfect, and the thought that socialism provides perfect equality is ridiculous to anyone who has lived within it. Guess who probably hasn't lived in one....yeah, you.
Question for the people against socialism: What are your thoughts on existing social programs (social security, unemployment insurance, etc.)? Are these programs good? Bad? Do they need to be abolished because they are socialism? Or are they okay because un-regulated capitalism can be pretty dangerous and cut-throat?
The problem is that while you warn against socialism, you also compare current US populism to normal capitalism. Millenials who understand anything about it don't want socialism, they just want to stop the continuously expanding wealth gab. Considering that you're probably not a billionaire, so should you, and even if you are; you should still want better wealth and opportunity distribution because it's a lot more cost effective in terms of crime and social support than where it's headed now. And that's before adding how much proper affordable education is needed to stop the US from becoming populated by a vast majority of morons who can no longer make the nation profitable. It's almost too late already to stop the debt clock and and while assets are still growing, production is going down. Yes, socialism is about as terrible as populism.
@ 16:25 Your list should include Pol Pot's regime in Cambodia, which killed about a quarter of the population. The number is not impressive compared to those other regimes, however, when you consider the percentage of the population, Pol Pot's Khmer Rouge is the most murderous of all.
Basically ordinary people need some measure of socialism until they can build up enough income from invested wealth to take care of their needs, or else they can get into some equivalent kind of arrangement. The Millennials who are into the Financial Independence/Retire Early (FIRE) lifestyle have basically the right idea. When you can work your way to the point where you can "retire" without having to worry about paying your bills for the indefinite future, then you can become as much of a rugged libertarian individualist as you fancy. In the meantime you are vulnerable without a social safety net. For example, Professor Dilorenzo can play the libertarian game if he has tenure, health insurance and a pension lined up from his university.
I agree that there needs to be some sort of safety net for those that are in more vulnerable situations, but why does it have to be from the government? In my opinion it should be the community who tends to the needy (through charities or private enterprises for example). I think their is a good argument that once the government started to take that role, communities declined. You are more apt to be connected to a community that you've invested some time in. I think that socialism takes that away.
Its the processes of capitalism that begin the process of forced economic equality with the constant division of labor and the higher cost skilled labor being replaced by the unskilled. There is nothing in biology that determines who will be the next Bill Gates or who will die in the next war defending Microsoft intellectual property from the poors quest for knowledge. We are of course all different yet we are all the same also. Only the capitalist ruling classes and its defenders believe the are ordained by God as the world's managers of Empire.
I feel the need to point out something, here. Mussolini invented the term Fascism, and actually directly stated "Fascism is corporatism. The Fascist state is the corporate state."
I thought of one additional reason why socialism is doomed to failure which wasn't yet mentioned. The socialist utopia is possibly not a fully closed system, typically it is surrounded by capitalist neighbors. One example is gasoline prices are low in Venezuela, so plastic gas cans are being ferried out through the jungle strapped to the back of a burro to be re sold in Columbia. Efforts are them made to ration such items, to combat resale at market rates of the wider geographic area. The socialist state fights a perennial battle against the larger world economy.
At 30:30 in the video the speaker says "the socialists of the world knew what they were doing." He should have said "the central bankers of the world and their tax-exempt foundations knew what they were doing."
Great video! I live part of my time in Lithuania which is apart of the EU Block ... Lithuania was once apart of the USSR ... they are a smaller example of Socialism and some of the things I have observe is this: 1. Free health insurance to all under the age of 21 years old I believe, in other words, free hospital care and dental care if needed. 2. VAT, which is Value Added Tax is at 21% 3. Free public education which is the norm for all countries but the Universities are not free but they have a high quality of education at a really low cost. 4. The key in my opinion is the wages here, the average person here earns roughly between $500 to $600 US a month, because the employer pays 1/2 of the insurance which is required and also their form of Social Security.Socialism breeds resentment in my opinion ... here it is a form of both Socialism and Capitalism .... but people here love the Western idea of freedom of Capitalism but also the safety net that Socialism gives them, odd it seems. They hate their income wages but fell to realize that the key of income going higher is becoming a Capitalistic economy completely! so, what they do is go and try to enter the US or leave and go work in Germany or Brussels or a country that the income is much higher. Capitalism brings to the table a mindset that I can do anything as to my way of life concerning my freedom to be whomever I desire to be ... Socialism suppresses that. Please, maintain the freedoms of this country of ours, for the sake of future generations .... Educate Educate Educate
Socialism? "Government of the people, by the people, for the people." Lincoln taught himself German while he was a Member of Congress so he could read the newspapers of his constituents who were refugees from the failed revolutions of 1848. Socialism was the ideal they brought with them.
@@vg7985 wow my history book must have been way out dated to today's standards. Are you telling me this country has only been a capitalist country sense the end of the civil war? Do you know how dumb that makes you. Slavery coexisted with the capitalist economy backed on slavery for the southern states. Capitalism didn't start in this country at the end of the civil war it was there right after and some believe even before the revolutionary war
“Conservatives say if you don't give the rich more money, they will lose their incentive to invest. As for the poor, they tell us they've lost all incentive because we've given them too much money.” ―George Carlin
I don't 'give' the rich anything unless they make a damn good product, that's free-market capitalism. Unlike the government who holds a gun to my head to take my money.. that's THEFT.
Telling this particular audience that it's OK not to vote is repulsive. We'll see 'the end of Capitalism' sooner than I expected if they are not persuaded that's foolish.
Venezuela's main problem is American imperialism and illegal sanctions. The same problem many other countries suffer from, e.g. Iran. In short, the US is a problem that even the allies are fed up with
IKR, the USSR was at war (fuck you Stalin) for a lot of its history, and was subject to sanctions too. Still, it industrialized faster than comparable capitalist nations that weren’t the subject of relentless aggression. If crony capitalism can be blamed for capitalism’s problems, the same can go for socialism.
I'd like to see DiLorenzo only talk about socialist economies in countries where the US did NOT interfere. (US and London private banks pushing loans on Argentina, US imposing sanctions on Venezuela to weaken the government, etc.)
U poor soul, i hope u wise up before u get what u r asking for. Why dont the rich dictator and his daughter and others in the venezuelan government spread some of the wealth they took off the backs of hard working people ? Ever ask that question?
Hello, I'm from Sweden. I'm pro free market, capitalist and in many ways a libertarian. Something I can't work out in my head is how health care is supposed to work without socialism. What about people who can't afford health insurance or can't pay for the treatment in cash? A lot of people fall into this category even in the western world. How are these people to get treatment and not die in the streets?
My three favourite paragraphs from Mr. DiLorenzo's great book referencing the prescience of Ludwig von Mises and Hayek: _Mises offered an intriguing analysis of why so many in the entertainment industry, for instance are egalitarian socialists. Entertainers, he noted, serve consumers whose tastes can be "capricious and unaccountable." Consequently, many actors, directors, and movie producers are "rich and famous one morning and may be forgotten the next day."This inherent instability of fame and fortune is what makes so many in the entertainment industry so critical of capitalism and makes them rich and famous in the first place._ _"A similar phenomenon exists in the literary world where "trash novels" outsell serious works of nonfiction by many orders of magnitude. "The tycoon of the book market is the author of fiction for the masses," Mises observed. This breeds resentment among intellectuals who write nonfiction books that languish on university book shelves. They tend to blame this "inequity" on the "unfairness" of capitalism._ _"But it is not "inequity" and "unfairness" that are the root of socialist envy, it is the desire to to stamp out diversity, to enforce uniformity, to order society and the economy on "rationalist" lines as designated by allegedly smarter-than-thou bureaucrats. The result, as history has shown, is often tyranny of an almost unimaginable ferocity."_ _The Problem with Socialism,_ p.40
One thing DiLorenzo gets wrong (as do most) is when he talks about the Federal Income Tax. The graduated - Progressive "income tax" created by the Congress is NOT a direct tax. It is, and always has been an Excise Tax. - That is why it is uniform among the several states. It is an excise on the profitable exercise of a Federal Privilege. The terms have had custom definitions since the Congress created the first "income duty" during the Civil War. The 16th Amendment, as the Supreme Court has said - DID NOT give Congress any new taxing authority. If you receive any Federally connected money - via. stock dividends, crop subsidies, Social Security payments, are an elected official, are paid for working for the Federal Government - that is all taxed under the excise laws. If you work in the private sector - most likely, you are not subject to the Federal Income Tax. When your "employer"(common definition) withholds your money and sends it to the government, you have every right to request a full refund. The IRS and the rest of the government administers the Income Tax as a Direct Tax, which is not the law. The 16th Amendment did not repeal the the prohibition of Capitations (Direct Taxes) and the only reason the IRS continues to keep the scam / crime going is it would cause the government to have to be reduced in size.
Totally clueless. “The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.” The 16th amendment is clearly a tax as proposed by an amendment to the Constitution. The Constitution originally required all bills for taxes and tariffs to originate in the House of Representatives. Prior to the 16th the Supreme Court had vetoed and income tax since the original clause was directed at tariffs.
@@ferocious20022002 Income is a custom defined term and the Supreme Court said so. They said that the "new Amendment gave Congress no new taxing authority ". They declared it (the Federal income tax) an Excise Tax.
One problem is that socialism does not recognize the 1) smart guy or girl 2) who figures things out better 3) works harder 4) Organizes capital and labor 5) Hires a bunch of workers and pay them. Socialism discounts 1,2,3,4 and values only 5), It is the 1) guy or girl that get things done but has no opportunity under socialism
Under socialism you don't get to buy what you want, you buy what the Economic Leaders make available. Living off the the grid, out of the community, is forbidden. Everyone works where they are told to.
My kids and I used to talk about anything and everything.( All in their 20s ).. now I have to tread lightly through conversations to avoid being called a Nazi. Political discussions cause their blood pressure to blow..
I was so happy when they went to college. I thought they would have a future now,, but it ruined their futures because of the leftist beliefs that were spoon fed to them. My son ended up with a generic degree just so he could graduate. Activism ruined his studies and goals.. I am afraid that once this generation starts occupying govt. seats, like Cortez and others now, the USA will be finished.
I am a veteran, I love this country, and my own kids have called me a Nazi because I voted republican.
I will never get over that.
@Paulo Chan I feel for ya.. and we aren't rowing that boat alone. We have to hope that a few more years of jobs and economy helps them to realize the benefits of our society and come around.. son is out of college now and starting to learn real life. Slowly but surely.. whatever generation, we have to be patient and honest.. can't sell out. Good luck
@Bill Randall We definitely need new solutions for education. OP got screwed because he, like many, thought society was enough. It is not enough. A good portion of our society is going down a road of disaster and we need to make sure we don't go with them.
art american On the UK side of the pond, I managed to brief my daughter on the "niceties" of socialism and what to look for before she went to university. So sorry to read about your experiences.
I feel for you
Sorry to here that. Hopefully you guys can patch things up.
When a teacher tells you NOT TO READ SOMETHING - READ IT. THIS SHOULD ALWAYS BE A RED FLAG.
Thanks for the advice. Last week my teacher told me not to read the Twilight novels
@Michael Is your dad your teacher?
@@NotQuiteFirst Did your teacher tell you not to use a period at the end of a sentence?
@Michael Then dont have children, else you will learn the hard way there is no such thing as a perfect parent.
The biggest lie is that socialism will soak the rich. The rich love socialism. It destroys all their competition.
One of the biggest issues I have with Socialist Rhetoric is the paradox created by believing that "the worker should own the fruits of their labor" while simultaneously believing in wealth redistribution. You cannot logically hold these two beliefs at the same time. If you own the fruits of your labor (which is actually quite Capitalistic) then you cannot believe in a system based upon having those fruits handed out to others, by others. You simply cannot have both.
Good point.
George Orwell, in 1984 explains this by the concept of "double think".
Yes, great point - never thought of it from that point of view.
@@maksimilijan5029 That doesn't address the contradiction in the rhetoric. Secondly, scarcity is never conquered. It's a constant. You've also got a good bit about trying liberate people's potential but even this falls flat as Socialism does not allow for this. Forced collectivism does not allow for human flourishing. It can only place limits.
Also: Read more Marx. "Wealth" is redefined based on a different understanding of value.
Justice: When you are punished for stealing money.
Social Justice: When you are punished for earning money.
earning is ok but you should handover it to them the worst crime you can do on top of it is if you save that money in your own Bank account
Doesn't government steal money every day? Why don't they get punished?
@@emilybh6255 Government is the exception to all things. Anything goes. Lie to congress, you go to jail. Congress lies to you, it's just politics.
99% of corporate state fascism is piracy in govt. drag. nazis commies and wall st. in bed to pillage the planet
You think the DEA are social justice warriors or something?
Millennials will vote themselves into poverty, I promise you this. As a young man, I can only wish that I was an adult in the 1980’s so I could avoid this coming economic storm. It’s gonna be rough
Good times make weak men sort of thing
@@soulfuzz368 Truly, without dutiful hard work of benficial outcome, compulsive self-rewarding indulgence becomes weakness. When is it time to "retire"? When we're dead.
@Chris Schneider truth is truth whether u like it or not
@@Rextrent….. Do weak men start wars ?
@vertex2100….. you badly need to understand socialism. I used to think like you a long time ago. But I learnt Capitalist governments are also not honest. America has lied, the biggest liar is POTUS at the moment.
_Socialism:_ You wait for bread.
_Capitalism:_ Bread waits for you!
A wise man once said, "You can't be politically correct and also Biblically correct at the same time."
Oh, there were big differences between the fascists in Italy, the socialists in Soviet Union and the nazis in Germany. Huge, fundamental differences. Stalin had a big moustache, while Hitler had that ridiculous moustache, whereas Mussolini had no moustache at all. And moreover, the Italian fascists ate pizza, while the german nazis ate sauerkraut and potatoes while the Russians, when they ate at all, they ate caviar! Big, fundamental differences...another huge difference is that the Germans killed people using gas chambers, while the Russians starved the prisioners to death. But they all killed zillions of people showing lots of love for their victims...
Razor sharp observations! This is high level political philosophy. Great post :D :)
@@bjrnhagen4484 You see, there can be no coexistence at all between socialism and capitalism. Make no mistake: the socialists conspire 365 days in the year to destroy capitalism. A normal person is in doubt about which system is better. Then he analyzes both and concludes that capitalism is far better than socialism. Then, what does such normal person do? He chooses capitalism. Now what a socialist does? Even a socialist knows capitalism works and socialism does not. And being a socialist then he strives to destroy capitalism, because once capitalism is destroyed people will be deprived of the means to make such comparisons...and this has been the dreadful history of the whole 20th century, the socialists killing at least two hundred million people all over the world. Their golden dream is to create a society with no free enterprise, in which everyone will be a public (and very obedient) servant and the concept of profit (the mother of all evils!) will be eliminated simply because every banker and every businessman will have been slaughtered. This reasoning sounds crude, but this is exactly what lovely Stalin did in Russia, what sweet Hitler did not only in Germany but in the whole of Europe, this is what caressing Mao did in China, Castro in Cuba, and now we are witnessing the spectacle of what socialism in practice is in Venezuela.
I myself, whenever I stumble with a commy the guy will always have a rough time and I think in the US the average citizen is not aware that the left has already taken control of the media and of the universities (just like they did in the whole of Latin America). When I was a teen ager I used to read articles in the New York Times written by, say, James Reston, and his articles were always lessons of common sense, etc. Now the "journalists" are illiterates concerned with promoting the LBGT agenda and the like (and all this follows a socialist strategy).
The socialists are out there to slice our throats, make no mistake about that. And this is why I never allow them to go unanswered when they talk the idiotic things such as the ones spoken by Bernie Sanders, etc.
@Dim You see, when the Berlin Wall fell and Soviet Union went down the drain, I felt pity for those zillions of guys that I met my whole life until the demise of the Evil Empire who were leftists. I wore their shoes and thought how difficult it must have been for those guys who blindly believed in the promises of the socialist paradise and all of a sudden discovered that they had devoted their lives to a wrong ideal. How difficult it should have been for them to discover that capitalism which they had attacked all their lives was afterall delivering much better results than socialism. So, since I felt compassion for those idiots, I stopped criticizing them. And then, to my utter disbelief, I discovered that the fall of the Berlin Wall and the demise of Soviet Union did not shake their beliefs at all. To the contrary. It reinforced them. They contended that the Soviet Union went down because it did not follow the true socialist principles. It had deviated from them, and this is what caused their downfall.
I live in Brazil and what I discovered just like all the Brazilian population is that when the Europeans kicked the socialists out of Europe because they were utterly, completely demoralized, they regrouped, gathered their forces and moved to Latin America, and concentrated all their power in order to capture all the Latin American countries, and these guys are not guided by any ethical or moral principle, so they consider drugs a 'legitimate' weapon of war against capitalism and The Great Satan (USA). So, the former KGB went to work hard to develop the production and distribution of cocaine produced under their auspices in Bolivia, Peru, Colombia, and the plantations protected by their guerrilla, etc.and their ultimate goal is to destroy western societies by destroying their youth, etc. And they attained total control over the Social Sciences Departments of all Latin American Universities, and total control over the media, and they lie twenty four hours per day 365 days per year.
We, Brazilians, are slowly beating them up, and we have discovered that when the socialist Brazilian leader Lula became the president of Brazil he mounted a corruption scheme never seen probably in any other government anywhere in the world. This is not a case of political persecution. It is a proven case. Lula is a thief, as well as his party, the Workers Party and this is well documented and Lula is in jail, and together with him hundreds of socialists who were conspiring to destroy democracy. Lula is responsible for the rise of Hugo Chavez in Venezuela, and those other idiots in Central American republics. And the point I wanted to make is that despite all the evidences against them, they keep lying, they keep denying they did what they had done, and they keep saying they are poor victims of the burgeousie and the "extreme" right, etc.
These guys have a fixed idea. They want to reach the power and are willing to do anything to reach the power and once in power they will do anything to remain in power.
So, I have learned my lesson. The price of peace is the eternal vigilance. If you want peace, you'd better prepare for war. And when I see a commy, I kick him. I never allow any commy in my presence to start saying those 'beautiful' things they always say: 'Karl Marx said...' when the guy starts talking like that I run the steamroller on the guy. And this is the only way to deal with these guys. They are genocides. Period.
Socialism is extremely appealing to people that have never had to work very hard or people that simply don't want to. That should give you some insight into the type of economic system it is
I work my butt off to farm and build housing. I am a socialist. Jesus was a socialist. Greed must be mitigated, not elevated.
@@jamesandayladodge4815 Jesus was an individualist, not a socialist
@@jamesandayladodge4815 What do you about the people that DON'T work their ass off in a socialist structured society, like you?
James and Ayla Dodge So you do not believe in private property rights?
@@jamesandayladodge4815 you are right though, greed must be mitigated. That isn't done with the heavy hand of government though. That is done at the level of the individual, by promoting ethical value systems.
Here in Australia we’ve got socialised medicine that has brought rationing of treatment and queues of ambulances waiting outside hospitals to unload their emergency patients 🇦🇺🇦🇺🇦🇺
My wife had CIDP and treatment cost over $1 million, which took her from being paralyzed to walking around today. She talked to someone from Australia who had the same disease. That treatment is not available there (cost he assumed) and he had been in a wheelchair for years. Sad!
Actually the Australian health system is very good by world standards.
Here in the Brazil is much worse, the SUS (Unified Healh System in English) takes years to make an appointment and in most cases this delay is fatal
@@Pmtd1234 Who paid?
gold-and-black-anarchy You’re waiting for months or years depending on what you need. Emergencies are usually seen to straight away, but sometimes the ambulances are waiting in line in the hospital car park because there’s no available beds inside the hospital
Some people think 1984 was a HOW TO book.
It was a critique of authoritarianism
If you want a how to from Orwell, read Homage to Catalonia
They usually don't give you that one to read
1984 was written by a socialist you idiot
Just like "progressives" should be called *regressives*, I agree that a much more fitting name for "socialism" would be *destructionism*.
To be precise it destroys the *possibility* of present and future economic progress(although countless regimes destroyed the country that was in front of them)-after all it's wealth that has causes, NOT poverty
Except, it's not what socialism is about. Capitalism is about stealing as much money as possible from the workers, and the epitome of it is to earn money without working at all.
We have socialism in canada.. result = long wait times for medical care.. I am sick of people saying canada has free healthcare... out taxes are oppressive... what is he max % of income that should be taxed in any society ? For me it’s 33%
It's higher in the United States, and we pay more for healthcare per capita than pretty much every other country
When you refuse to vote, you essentially let the other side win by default.
I'll never understand that line of thinking that encourages not to vote. That is giving up.
If we did that, Hillary would have won. Yes, get out and vote. Vote as if your life depends on it, cause it does.
Shawn M, I was surprised to hear him say "That's why I don't vote." His message is irrelevant to a large degree if he doesn't vote.
It seems weather one votes or not the end result is always the same. Look at all these politicians once they get into office it's almost impossible to get these vermin out. Most those assholes work all the way till they die. Case and point... john McCain and that other congressman from Hawaii who died of old age at his desk. Pelosi Bernie Schumer and the rest of those low lifes will follow suit.
Every vote is a vote against. Here in Holland there is a phenomenon called "against-voting" (makes sense with Dutch grammar)), that refers to people voting against a certain politician (party) (usually the left, doesnt help, tho, they never learn; next elections, they campaign with the same ideas), though any vote is also a vote against your neighbour. Voting "for"someone makes no sense; the vote against Hillary was what the country needed.
Shawn M Voting for anyone in an inherently unjust system perpetuates injustice. A vote for the lesser of two evils is still a vote for evil.
The speaker lost a lot of points by saying he doesn't vote. The parties are not the same and the democrat party does cause ruination.
Pray for the USA.
The Income Tax is the nationalization of labor.
Really astute point..
yeah, they'll never put him on TED talks.
@Patrick Ancona
lel
Even though that's hilarious, not all TED Talks are bad. 🤷♂️
@@Menaceblue3 Nah, they're literally just high school science classes with powerpoints. Not exactly impressive. Maybe some portray themselves as grandiose, actually most do, but they are usually tired ideas that are not exactly something to entertain any time soon.
@Tuco Malatesta Lol, it's just the opinions of economists from the Austrian school of economics. Same thing as what Marxists, Leninists, and Keynesians preach. You think yourself an intellectual though yeah? xDDDDDD
@Tuco Malatesta spoken like the filthy commie that you are.
@Temple of Ridicule Intellectual Giant
"Every socialist is a secret dictator" Lvon Mises...great quote...
But every Capitalist is an *expressed, realized* Dictator, no? They must be, for the sake of their Firm. One MUST dictate material inputs and economic outputs, working hours, worker behavior, wages, prices, and so on, or surely their Firm will either fail, or the worker's will simply take it over and run it for themselves (a socialist co-op, for instance).
This is not so much a personal value judgement as a critique of the Capitalists' Dictatorship of the Bourgeoisie. They MUST act in this way, because being an employer presupposes having employees (and the inverse). My point is to be careful with assigning personal value judgements to the people in a system, or put another way, "don't hate the Player, hate the Game."
-Me, a communist, awaiting critique.
@@dethkon Read "The Black Book of Communism" and you will see the failure of communism which is socialism too. Why should one give up his Individual rights for a so-called ideal of the greater community? It is unrealistic and Statism. Capitalism is not corporatism or fascism (socialism also). Capitalism believes in individual private property. Since 1933, for example the Common Law court systems have been changed to admiralty or statuatory courts. That is Statism, hidden promises under the guise of everything being free...You should read more about libertarianism, writers like Murray Rothbard, Lew Rockwell, Joseph Salerno, Walter Block and try to understand what Communism actually is and what private property capitalism means...
dethkon, what you're describing as dictatorial is not so much the average employer/capitalist as the legal system of enforceable contracts. What you describe as the employer dictating "working hours, worker behaviour, wages, etc." is really just the employer insisting that the contract (voluntarily entered) be honored. If you hire a contractor to add a room to your house, does it make you a "dictator" if you insist he complete the job in a timely manner?
As far as socialists being secret dictators is concerned, I have one request. Make Socialism voluntary. If you get into power, leave those of us who don't want to participate alone. Can't do that? Then you're a dictator.
@@dethkon You are full of shit! Your system is full of shit! Stay out of my country or else!
Hows that for a critique!
Im not so full of myself as to think that I could top Ayn Rand.
is someone out there who can explain the difference for common people between big corporate run by managers and socialism run by the nomenclatura? I guess there is no difference in the end of the day your pockets will be equaly empty
"If voting really mattered they wouldn't let us do it." ~ Twain
Yes, this is not a democracy. It is supposed to be a constitutional Republic, for the Individual, by the Individual and supportive of all individuals to have a voice. Voting is another thing.
That's wrong, votes do matter even if the process isn't perfect
@@worsethanjoerogan8061 Votes don't matter. The candidates for both sides are vetted by the real world rulers anyway. Enough of their agenda will get done no matter which puppet politician is elected. The whole purpose of governments are to put in place the agenda of the world leaders.
Nothing ever gets any better no matter who is elected because once elected, politicians answer to the world rulers. Politicians are just modern day slave masters. When you vote all you do is choose slave masters.
@@worsethanjoerogan8061 Actually, it doesn't. I've been voting for the same political party for the last 20 or so years - the second biggest political party. It hasn't changed my life in any way, big or small. It doesn't fit the potholes in the roads, the responsiveness of government departments in doing their jobs or the many failures of my government in creating jobs, delivering services or the prevention of ever-increasing violent crime. So no, votes don't matter. It's meant to give people the illusion of having control when the political party decides which candidate gets to sit in the big chair and who you get to vote for. If your political party has a super-majority in your Congress (like my country has), other political parties don't matter, even as opposition (and like my country, there are ways and means to subvert votes if you're smart about it, like the biggest political party is, to some degree). Bad policies still get made, poor legislation still gets drafted and passed. And the people on ground level get shafted... all the way, all the time. ;)
For bad things to happen, all it takes is for good people to do nothing. Not voting (if your fortunate to live in a democracy) is exactly that. Use that vote wisely
"Socialism is dictatorship by committee". - K. Ferkran.
Capitalism is the Dictatorship of money.
@Death Metal There are plenty of You Tube videos of Havana, Cuba by people for and against communism and the one thing I have never seen is people living under traps and driving grocery carts with all their belongings like the homeless in LA.
Socialism:
starving but hey, at least we’re not exploited rite
Still exploited, just told you are not.
Exploited by the government instead of companies.
Like being exploited by companies is any better.....
@@9SmartSand6 millions of corporations 1 government
Soulfuz I didn't see any starving Chinese when I was there 2 years ago.
Yah Civil war keep your guns people!!
Lmaoooooo
Someone once told me, when I was starting to overcharge my customers: Pigs get fed, Hogs get slaughtered. Good advice to tyrants as well.
Or as the motto of Virginia say “sic semipermanent tyrannies”.
You forgot a couple of million deaths under Pol Pot in Cambodia, small print I guess.
They say little about Pol Pot since he was a US/UK ally and he and this army received sanctuary from the Royal Military Dictatorship of Thailand.
That was capitalism lol
Vincent Avila BS from a guy that has been featured in several books (for example Hollander’s and Sowell’s) as a moron who got fooled by communist propaganda. The useful idiot of history. Mr. Chomsky (a millionaire who hates capitalism and freedom).
Aaron Montgomery what capitalism in Cambodia? Hong Kong and Singapore have capitalism and everyone wanted to be there, not Cambodia.
Kim O'Brien Pol Pot was a Marxist that got his socialist ideas in Sorbonne France.
"The goal of socialism is communism"
~ *Vladmir Lenin*
In melbourne Australia our immigrants clog up the emergency department with colds and coughs.
Last time I needed stitches I just did them myself 8+ hours wait in ED
Same here. Its free if u cant pay, but in a large city, long waits. Or on weekends etc. Especially if u go to a county hospital.
But they cant turn u away at a private hospital for an emergency, so remember that
The same thing is happening in the USA. 8+ hour waiting time and the cost is through the roof. Why? Because the “immigrants” don’t have any money or insurance to pay their bills so the costs of their care is passed on to the country’s citizens.
In the US immigrants clog emergency rooms for high blood pressure medicine prescriptions. It's ridiculous!
When people find they can vote benefits for themselves from public coffers ...they will and destroy your country. Only those who work should be allowed to vote. Lol
Wow
WOW!
Thomas Dilorenzo is spot on. I want to can this speech and force every college student to listen before graduation.
@@rikkousa why do they think there are no jobs and no way to get "unburied" from their student loan debt? The U.S. has its lowest unemployment level in more than 50 years and wages are rising rapidly. Also, these young people do not have as much debt individually as they say they have; most of them have less than $40,000 to $50,000 with very low interest and a very long time to pay. I'd say they got a great deal since they ended up with a college degree for quite a low price.
"If we are to govern the entire world, we must first eliminate all belief in God, remove all love for family, remove all loyalty to community, to country, beliefs, faith and religous dogma" -- Bernard Chisolm; former Director of the World Health Organisation and Vice Chairman of Socialist International, in his 1959 address to the United Nations.
Thanks for the info
Source?
Odd that I can't find anything about that
Make America Great Again! America First! Trump 2020
03:37 - Destruction is the essence of it: Socialism.
03:39 - Socialism produces nothing.
03:40 - [Socialism] it only consumes what the social order -- based on private ownership of the means of production has created .
🙏
I like Tom... And his SLEEZO METER.....Great !!
The "other Tom"... who can't help but love Professor DiLorenzo?
@@rodneyleon3645 "This man is up Trump's socialist ass." That was an interesting comment, weird and insane but interesting. I'll agree that Trump has his socialist traits, but DiLorenzo being a MAGA hat wearing Trump toady. I think you know nothing sonny.
Rodney Leon perhaps you need to take a deeper look in to the past. Our country has been headed in a socialist direction for a long time. Since WW1. My question for you. What’s wrong with a free market? Do you not like the idea of being able to exchange with who ever you want, and not being ripped off by a third party? Do you like the idea of a third party telling you what you can and cannot trade? These concepts are not hard. They can get a bit complicated, but overall everyone would be more wealthy.
@@rodneyleon3645 I towed he say limited gov.an no vote,no vote mean no slave massa
Here in UK socialsm means do as I say not do as I do eg against public schools for everyone bar their OWN children. Hypercrocy at best😃
Also: Go and visit some of the former USSR countries, see what a mess their economy is now and the ruins it left behind, I have and it isn't pleasant at all to see! you can feel and taste the death of what Socialism/Communism left behind
These places have worsened since the dissolution of the USSR
Something that a minority of people wanted
Communism is what socialism wants to be when it grows up.
44:12 That's what happens when you work in a non-democratically owned and run business
and are a slave to a corporate master.
It's more difficult for worker co-ops to compete with Authoritarian businesses because
Authoritarian companies can get away with paying their foreign workers even less than
their domestic workers and other unethical practices.
e.g. Pharma companies not providing a cure for a certain disease because it's more profitable
to treat the symptoms as well as raising prices for drugs that many people have no
choice but to buy if they don't want to die.
I wonder why the big unions didn't negotiate for shares in the auto companies, say, rather than bigger pensions. It would have make the workers fellow owners of the means of production.
@Ned Ryerson You're having a hard time understanding corporate totalitarianism brown-noser.
@@sanniepstein4835 What would you then do if these "fellow owners" do things that negatively affects their fellow "owners", like strongarm tactics to bring their opponents in line with their thinking - you only move the boogeyman element from the employer to a select cabal among the workers - it still doesn't take the element of exploitation away. (SOURCE: books.google.co.za/books?id=atD1CQAAQBAJ&pg=PT94&lpg=PT94&dq=where+have+labour+unions+strongarmed+their+workers?&source=bl&ots=wbCi-IFEtG&sig=ACfU3U2GA2gN0ted61FUtxq0ukfj6rTBoQ&hl=en&sa=X&ved=2ahUKEwjQvYur_trjAhUSUxUIHcGyDVoQ6AEwC3oECAgQAQ#v=onepage&q=where%20have%20labour%20unions%20strongarmed%20their%20workers%3F&f=false)
@@sigmacademy www.google.com/url?sa=t&source=web&rct=j&url=www.thenation.com/article/worker-cooperatives-are-more-productive-than-normal-companies/&ved=2ahUKEwiEmquOzZDkAhUQSN8KHQHYBcsQFjAAegQIAhAB&usg=AOvVaw0RD8ez3zN7Hmc1PRhhpGOW
@@sanniepstein4835 Capitalists would have fought against it. Violently if necessary.
A book for Millenials is a pamphlet and front page is a meme.
Hitler said, we do not need to take over the means of productions but we can impose laws that tells them what to produce and pricing.
Two Russians queuing for free bread in the snow.
One says "It's so cold, I hate waiting in line" to which the other replied "It could be worse, we could be in America where they don't give out free bread".
Sad thing is Bernie Sanders said something very similar, with a positive spin. Lol he said , so what they have to line up for food, at least they have food, speaking on Venezuela, meanwhile they are eating zoo animals. ...if they are lucky.
David Gearardo Sanders was speaking about Sandinista National Liberation Front. a socialist political party in Nicaragua
They give out free bread in America... It's called "welfare". You don't even have to stand in line in the snow to get it.
@@eh3253 and that makes what he said ok? Hes a commie, and dont give a hoot about people.
Dont fall for that
Perfect explanation of the consequences of socialism. Thanks.
This guy has no idea what he is talking about lol please read a book
Once he started to talk about Venezuela I had to stop, I was with him up until then. Capitalism that is destroying Venezuela ,and the sanctions imposed by the so called free market of the American regime. Why does the land of the free not let market forces and the free market dictate in Venezuela. Before Chavez came to power ,the free market prevailed in Venezuela ,and if it was so great ,why did the people opt for change. I would love to see Professor Wolf debate with this guy, Wolf would eat him.
Wouldn't be hard for Wolf to shred this guy. His arguments are so flawed and full of holes it beggars the imagination.
If you give something for free, then someone had to do something for free
Under fascism there was private property in name only .
I'm glad this information is being presented but unfortunately too many people only hear "FREE STUFF" and that's where their thinking ends!
I did just fine before Obama care. I purchased my own health insurance for a fair price. My private insurance always paid out the amount it was supposed to pay for any health costs. Now I don't have good health insurance. Affordable Healthcare Act policies are entirely too expensive for me. And the deductible and copay are much too high to justify the insurance policies. So, the best I can do is live as healthy a lifestyle as I can. (And I always have) , and hope I remain healthy. I will pay for my own healthcare out of pocket when it is needed. And of course look for the cheapest prices for healthcare before doing business with any provider.
Endo Alley Obamacare was the first time I became "politically aware" and attuned to the corruption and thievery Socialists in our government get away with. Thanks, Obama.
@@johnjackson9767 the problem with the Affordable Care Act is that it was merely an effort by health insurance companies to force you to apply with them. There was no public option for healthcare here, it was merely crony capitalism doing what it always does.
Excellent lecture!! Five stars ⭐️ but not any red ones ;)
Aoc won em
Part of the problem with the USA is we’ve had it good for a very long time. Too many people have no idea what it would be like to live under A Socialist/Communist dictatorship. They’ve bought into the idea that it will be a utopia where everyone gets equal pay, equal houses to live in, etc... Unfortunately, they’re going to have to learn the hard way.
One of my greater successes in life was getting my grandmother to read professor DiLorenzo's take on Lincoln
Thank you, Professor DiLorenzo and Mises Institute. I hope this video gets millions of views.
The Mises people are well meaning but don't get the irony that they are a group of individuals against groups.
Cant afford to invest in gold or silver?
Invest in lead.
Plain lead
Hollow point lead
Copper washed lead
Full metal jacketed lead
Lead is a good hedge against inflation and can act as a safety net in times of civil unrest or should an economic collapse occur.
Lead is easily traded up close and personal or down range.
Lead will always hold its value.
I’ve only watched 5 minutes so far and this guy is spot on......
Also this video demonetized? If not will be sadly.
This guy... Doesn't know anything
He's very good but it's so depressing. And people have no clue
I have never heard of this speaker, and this channel. Glad it was recommended. I am learning about cultural marxism and socialism generally, to ensure the USA rejects it. Thank you. Destructionism is a good term.
Me neither. Very interesting.
20:00 - Classical Liberalism
Property, freedom, peace, equality under law, inequality of income, limited government, tolerance.
Ideas attacked voraciously by Socialists. These ideas lay the groundwork for acceptance of markets, capitalism and private property.
You need only know one thing : It is inherently immoral.
The most convincing claim in this lecture is that the author wrote his book on Socialism in only 4 weeks. I generally prefer to get my information--especially on a topic as complex as this one--from people willing to spend a little longer. But maybe that's just me....
So you assume that he knew nothing about the subject when he sat down to write his book, and learned everything he knows about socialism in that four week period?? When you know your shit, it doesn't take long to put it down on paper. Isaac Asimov could write a book over a weekend. Does that mean he didn't know what he was talking about, either?
@@Luthiart Asimov wrote science fiction. Is DiLorenzo's book fiction then?
That would explain why the book is so hysterically long on myths and sensationalism while being short on logic and scholarship.
@@tenmanX Uhhh.... Asimov wrote lots of non-fiction books. Everything from mathematics, to physics, to history, to BIBLE INTERPRETATION.
My point is; the amount of time it takes a person to write a book has absolutely NOTHING to do with their depth of knowledge on the subject. It sounds like you assume that a an author starts writing a book with absolutely no knowledge of what they're writing about, and learn it as they go.
@@Luthiart I assume nothing about DiLorenzo's knowledge of his subject when he started to write his book. It's just that I found his book and this talk disgracefully inadequate and downright dishonest.
Definitely not worth the time I spent reading it.
Asimov is false equivalence, in any case. The respect and passion he brings to his subjects is missing from DiLorenzo's book and this talk.
Asimov writes to question and stimulate, either as a knowledgeable expert or an excitedly inquisitive layman. DiLorenzo is an indolent pamphleteer with a chip on his shoulder about a subject he wishes to suppress and obfuscate.
@@tenmanX I'm not comparing Asimov to DiLorenzo as an author. I was just trying to illustrate that the time spent writing a book has nothing to with the author's knowledge of the subject matter, and I don't believe you've actually READ DiLorenzo's book, or know anything about him. I think you just wanted to come off like a pundit.
Joe Rogan needs this guy on his podcast!
2 idiots go right together right
@@aaronmontgomery6977 Idiot? How So?
Thomas J. DiLorenzo is correct.
-Communism and socialism in their history and theory - thought I'd share it 300pg
archive.org/details/communismsociali00wooluoft ~by Woolsey, Theodore Dwight, 1801-1889
- Theodore Dwight Woolsey was one of Yale's greatest teachers of Greek before being elevated to the presidency of Yale in 1846. He was graduated as valedictorian from Yale, spent one year reading the law in Philadelphia, another two studying theology, then following a brief tutorship, during which he concluded his theological work, left to study Arabic in Paris, then Greek in Leipzig, Bonn, and Berlin - * During his tenure as president of Yale he became a recognized authority on political science and international law.
Health care is always rationed - either by market price - or - the government (specific treatments unavailable or systematically denied).
Exactly! A free market health system and a single payer system both feature denial of care. The only question is the path to denial of care.
Price/cost does not equal rationing.
Doctors don't come out of thin air. They have to study, train, practice and be equipped before they can do a single procedure. Just like McDonald's needs team members, training and buns, hospitals need universities, sterile beds and needles.
The only difference between health care and fast food is that people are a lot less likely to die young if they don't eat fast food, whereas they're much more likely to die young if they don't get the health care they need.
Rationing never enters the equation in American health care because cost is not the same as rations.
False equivalency. The price mechanism more efficiently distributes resources and administrative costs plummet. The cost of healthcare skyrocketed over 80% as more government programs/regulation came to be. An excellent resource regarding the evolution of the cost of healthcare is Dr. Doug McGuff. Look up his healthcare cost presentation and it will be very evident how vastly better voluntary healthcare is as opposed to government coercion.
What you should know about DiLorenzo. He thinks Lincoln should have allowed the slave states to leave the union. DiLorenzo see's slavery as the right to sell ones body for an agreed upon price. The League of the South a white supremacy organization is a place where DiLorenzo feels comfortable.
Groups always exclude other groups. Individualism is the only foundation for a great and prosperous society.
yeah it sure is.. soaring mental illness and depression, in a 'perfect' capitalist society where you have to work your ass off to pay the debt for a house you don't own , where if you get sick you wont have money to pay for a treatment , tell me more about free market capitalism please ??
@@BaneTrogdor so you think it's fine for someone to work build a something for their family...insofar as they can. And when those that lived in that dwelling don't all reside there, someone else walk up and tell you to vacate....what? F that.
No system is perfect, and the thought that socialism provides perfect equality is ridiculous to anyone who has lived within it. Guess who probably hasn't lived in one....yeah, you.
Question for the people against socialism: What are your thoughts on existing social programs (social security, unemployment insurance, etc.)? Are these programs good? Bad? Do they need to be abolished because they are socialism? Or are they okay because un-regulated capitalism can be pretty dangerous and cut-throat?
We Germans have to work till July for other peoples benefit so don't complain about working working till may :)
The problem is that while you warn against socialism, you also compare current US populism to normal capitalism. Millenials who understand anything about it don't want socialism, they just want to stop the continuously expanding wealth gab. Considering that you're probably not a billionaire, so should you, and even if you are; you should still want better wealth and opportunity distribution because it's a lot more cost effective in terms of crime and social support than where it's headed now. And that's before adding how much proper affordable education is needed to stop the US from becoming populated by a vast majority of morons who can no longer make the nation profitable. It's almost too late already to stop the debt clock and and while assets are still growing, production is going down. Yes, socialism is about as terrible as populism.
Shared to my social media platforms. Let's wait and see how many friends and family I lose.
Same here.
@ 16:25 Your list should include Pol Pot's regime in Cambodia, which killed about a quarter of the population. The number is not impressive compared to those other regimes, however, when you consider the percentage of the population, Pol Pot's Khmer Rouge is the most murderous of all.
Basically ordinary people need some measure of socialism until they can build up enough income from invested wealth to take care of their needs, or else they can get into some equivalent kind of arrangement. The Millennials who are into the Financial Independence/Retire Early (FIRE) lifestyle have basically the right idea. When you can work your way to the point where you can "retire" without having to worry about paying your bills for the indefinite future, then you can become as much of a rugged libertarian individualist as you fancy. In the meantime you are vulnerable without a social safety net. For example, Professor Dilorenzo can play the libertarian game if he has tenure, health insurance and a pension lined up from his university.
I agree that there needs to be some sort of safety net for those that are in more vulnerable situations, but why does it have to be from the government? In my opinion it should be the community who tends to the needy (through charities or private enterprises for example).
I think their is a good argument that once the government started to take that role, communities declined. You are more apt to be connected to a community that you've invested some time in. I think that socialism takes that away.
@@UnluckyFatGuy Government IS the community. If governments become corrupted, it's because we didn't take care of them enough.
I'd push back on that slightly. The community supports the government and the government uses force to protect the community (ideally).
Its the processes of capitalism that begin the process of forced economic equality with the constant division of labor and the higher cost skilled labor being replaced by the unskilled. There is nothing in biology that determines who will be the next Bill Gates or who will die in the next war defending Microsoft intellectual property from the poors quest for knowledge. We are of course all different yet we are all the same also. Only the capitalist ruling classes and its defenders believe the are ordained by God as the world's managers of Empire.
mussolini and hitler were socialist. you learn something new everyday. keep on keeping hayekians.
I feel the need to point out something, here. Mussolini invented the term Fascism, and actually directly stated "Fascism is corporatism. The Fascist state is the corporate state."
I thought of one additional reason why socialism is doomed to failure which wasn't yet mentioned. The socialist utopia is possibly not a fully closed system, typically it is surrounded by capitalist neighbors. One example is gasoline prices are low in Venezuela, so plastic gas cans are being ferried out through the jungle strapped to the back of a burro to be re sold in Columbia. Efforts are them made to ration such items, to combat resale at market rates of the wider geographic area. The socialist state fights a perennial battle against the larger world economy.
At 30:30 in the video the speaker says "the socialists of the world knew what they were doing." He should have said "the central bankers of the world and their tax-exempt foundations knew what they were doing."
Do you really think they are different?
Great video! I live part of my time in Lithuania which is apart of the EU Block ... Lithuania was once apart of the USSR ... they are a smaller example of Socialism and some of the things I have observe is this: 1. Free health insurance to all under the age of 21 years old I believe, in other words, free hospital care and dental care if needed. 2. VAT, which is Value Added Tax is at 21% 3. Free public education which is the norm for all countries but the Universities are not free but they have a high quality of education at a really low cost. 4. The key in my opinion is the wages here, the average person here earns roughly between $500 to $600 US a month, because the employer pays 1/2 of the insurance which is required and also their form of Social Security.Socialism breeds resentment in my opinion ... here it is a form of both Socialism and Capitalism .... but people here love the Western idea of freedom of Capitalism but also the safety net that Socialism gives them, odd it seems. They hate their income wages but fell to realize that the key of income going higher is becoming a Capitalistic economy completely! so, what they do is go and try to enter the US or leave and go work in Germany or Brussels or a country that the income is much higher. Capitalism brings to the table a mindset that I can do anything as to my way of life concerning my freedom to be whomever I desire to be ... Socialism suppresses that. Please, maintain the freedoms of this country of ours, for the sake of future generations .... Educate Educate Educate
Socialism? "Government of the people, by the people, for the people."
Lincoln taught himself German while he was a Member of Congress so he could read the newspapers of his constituents who were refugees from the failed revolutions of 1848. Socialism was the ideal they brought with them.
You seem confused: Socialism is a "government knows best" top-down approach, the polar opposite of a working representative republic.
You mean "government of the people, by the elite, for the elite."
Lincoln was a tyrannical fuck. He was a love affair of an idea in bed with the likes of Marx
May as ell rephrase the title :
' Ten things socialist know, but do not want you to know'
I could not agree more with this speaker. These ideas of free & open market Capitalism USED to be common sense, thank you.
@mgtow is monk and your source is?
@kent Collins. If you've studied history - slavery was common sense until it was replaced by capitalism in the USA. Civil war rings the bell?
@@vg7985 wow my history book must have been way out dated to today's standards. Are you telling me this country has only been a capitalist country sense the end of the civil war? Do you know how dumb that makes you. Slavery coexisted with the capitalist economy backed on slavery for the southern states. Capitalism didn't start in this country at the end of the civil war it was there right after and some believe even before the revolutionary war
“Conservatives say if you don't give the rich more money, they will lose their incentive to invest.
As for the poor, they tell us they've lost all incentive because we've given them too much money.”
―George Carlin
I don't 'give' the rich anything unless they make a damn good product, that's free-market capitalism. Unlike the government who holds a gun to my head to take my money.. that's THEFT.
11. It never loses confidence in it self
First point made gets an epic fail. NEXT>
86 Socialists have watched this
Telling this particular audience that it's OK not to vote is repulsive. We'll see 'the end of Capitalism' sooner than I expected if they are not persuaded that's foolish.
Sleazo-meter. LOL!
If socialism had any benefit for mankind all nations would be socialist. Socialism offers no incentive for individuals to do better.
Welcome to New Zealand under Labour government with United Nations control.
Venezuela's main problem is American imperialism and illegal sanctions. The same problem many other countries suffer from, e.g. Iran. In short, the US is a problem that even the allies are fed up with
IKR, the USSR was at war (fuck you Stalin) for a lot of its history, and was subject to sanctions too. Still, it industrialized faster than comparable capitalist nations that weren’t the subject of relentless aggression. If crony capitalism can be blamed for capitalism’s problems, the same can go for socialism.
He had me when he said "be patriotic, don't vote". Don't give a facade of legitimacy to an illegitimate process.
Tremendous respect for Professor DiLorenzo.
I'd like to see DiLorenzo only talk about socialist economies in countries where the US did NOT interfere.
(US and London private banks pushing loans on Argentina, US imposing sanctions on Venezuela to weaken the government, etc.)
U poor soul, i hope u wise up before u get what u r asking for.
Why dont the rich dictator and his daughter and others in the venezuelan government spread some of the wealth they took off the backs of hard working people ?
Ever ask that question?
Hello, I'm from Sweden. I'm pro free market, capitalist and in many ways a libertarian. Something I can't work out in my head is how health care is supposed to work without socialism. What about people who can't afford health insurance or can't pay for the treatment in cash? A lot of people fall into this category even in the western world. How are these people to get treatment and not die in the streets?
Capitalism and health will be forever incompatible, for the simple reason that health is less profitable than disease.
Liked and shared. I'm trying to educate and warn as many people about this as possible
This guy is living proof that a mind is a terrible thing to waste.
This video is fucking black-pilling me
People have thrown GOD out and his commandments , Now evil rules the land . God is not mocked !!!!
whatever name it goes by, the rich rule the poor. have a nice day?
My three favourite paragraphs from Mr. DiLorenzo's great book referencing the prescience of Ludwig von Mises and Hayek:
_Mises offered an intriguing analysis of why so many in the entertainment industry, for instance are egalitarian socialists. Entertainers, he noted, serve consumers whose tastes can be "capricious and unaccountable." Consequently, many actors, directors, and movie producers are "rich and famous one morning and may be forgotten the next day."This inherent instability of fame and fortune is what makes so many in the entertainment industry so critical of capitalism and makes them rich and famous in the first place._
_"A similar phenomenon exists in the literary world where "trash novels" outsell serious works of nonfiction by many orders of magnitude. "The tycoon of the book market is the author of fiction for the masses," Mises observed. This breeds resentment among intellectuals who write nonfiction books that languish on university book shelves. They tend to blame this "inequity" on the "unfairness" of capitalism._
_"But it is not "inequity" and "unfairness" that are the root of socialist envy, it is the desire to to stamp out diversity, to enforce uniformity, to order society and the economy on "rationalist" lines as designated by allegedly smarter-than-thou bureaucrats. The result, as history has shown, is often tyranny of an almost unimaginable ferocity."_
_The Problem with Socialism,_ p.40
On that last quote, how is that observation reconciled with the Left's current and unceasingly prevalent obsession with diversity?
One thing DiLorenzo gets wrong (as do most) is when he talks about the Federal Income Tax. The graduated - Progressive "income tax" created by the Congress is NOT a direct tax. It is, and always has been an Excise Tax. - That is why it is uniform among the several states. It is an excise on the profitable exercise of a Federal Privilege. The terms have had custom definitions since the Congress created the first "income duty" during the Civil War. The 16th Amendment, as the Supreme Court has said - DID NOT give Congress any new taxing authority. If you receive any Federally connected money - via. stock dividends, crop subsidies, Social Security payments, are an elected official, are paid for working for the Federal Government - that is all taxed under the excise laws. If you work in the private sector - most likely, you are not subject to the Federal Income Tax. When your "employer"(common definition) withholds your money and sends it to the government, you have every right to request a full refund. The IRS and the rest of the government administers the Income Tax as a Direct Tax, which is not the law. The 16th Amendment did not repeal the the prohibition of Capitations (Direct Taxes) and the only reason the IRS continues to keep the scam / crime going is it would cause the government to have to be reduced in size.
Careful there...pull back that curtain too far and you'll really piss some folk off.
Totally clueless. “The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.” The 16th amendment is clearly a tax as proposed by an amendment to the Constitution. The Constitution originally required all bills for taxes and tariffs to originate in the House of Representatives. Prior to the 16th the Supreme Court had vetoed and income tax since the original clause was directed at tariffs.
@@ferocious20022002 Income is a custom defined term and the Supreme Court said so. They said that the "new Amendment gave Congress no new taxing authority ". They declared it (the Federal income tax) an Excise Tax.
"Yuri Maltsev" if you're interested.
Useful Idiots
Proven correct over and over
One problem is that socialism does not recognize the 1) smart guy or girl 2) who figures things out better 3) works harder 4) Organizes capital and labor 5) Hires a bunch of workers and pay them. Socialism discounts 1,2,3,4 and values only 5),
It is the 1) guy or girl that get things done but has no opportunity under socialism
Great video! Thank you..
Socialism - at least we're both broke.
I loved economics in college. Makes so much sense to me. Thank you.
This whole socialism thing is why its better to live off the grid. Its more peaceful. I wouldnt mind doing it.
Under socialism you don't get to buy what you want, you buy what the Economic Leaders make available. Living off the the grid, out of the community, is forbidden. Everyone works where they are told to.