Socialism Sucks: Two Economists Drink Their Way through the Unfree World
Вставка
- Опубліковано 23 чер 2024
- Featuring the authors Robert Lawson, Director, O’Neil Center for Global Markets and Freedom Cox School of Business, Southern Methodist University; Benjamin Powell, Professor of Economics at Rawls College of Business, Texas Tech University; and Matt Kibbe, President, Free the People; moderated by Ian Vásquez, Director, Center for Global Liberty and Prosperity, Cato Institute.
Socialism has failed every time it has been tried, yet it still appeals to parts of the American public that have little or no experience with it. Irreverent but honest economists Robert Lawson and Benjamin Powell will describe what they saw when they visited real-life examples of socialism in Cuba, North Korea, and Venezuela and other countries that are living with the socialist legacy. Using anecdotes and informed by scholarship, they will explain why socialism is often catastrophic, why Sweden is not an example of socialism, and why many of the claims of socialist politicians in America are so wrong-headed. Matt Kibbe will describe how young Americans’ views on socialism have evolved in recent years.
Learn more: www.cato.org/events/socialism...
Want to find the Cato Institute elsewhere on the internet?
Facebook - / catoinstitute
Twitter - / catoinstitute
Instagram - / catoinstitute
-
"If socialists understoods economics they wouldn't be socialists"
have you read marx?
@@comrademax5302 The first part of Capital when Marx show he knows nothing about what is value, one of the main mistakes of Marx is he tought value depends of the working time to develop a good, and that is a big mistake, value is subjective and it depends of the marginal utility of an economic good. If value was objective you would be able to do economic calculation in a planned economy, and that is not possible because there is no private property or free markets so there is no price system so you cannot make economi c calculation. In consecuence planned economic is a failure.
@@andresvallelisboa5511 ua-cam.com/video/1oRCgUEpIQI/v-deo.html
Cringe.
@@andresvallelisboa5511 That doesn’t show that Marx didn’t know anything about value, he just disagrees with you lol.
"Communism has defeated itself everywhere.... except in American colleges."
~ ~ ~ Paul Harvey
You're the only one who would know. I don't see anyone else checking their diapers.
I believe you. But I'm not interested in your field of expertise.
@@1stsampan Just like the South Africans at the peace conference ending the war in Angola they did their best negotiating after they had a few drinks. Cuban socialism is bad because of hotel room service, lack of advertisements plastered everywhere and not enough beer diversity. It's called a blockade because that's what Kennedy said he was doing.
@Kim O'Brien Speaking of South Africa, they are now catching up with Jamaica in very high homicide rate. Dictator Castro is no longer propped up by Soviet Union.
@@1stsampan The Soviet Union went out of existence in 1991. What brought down the Soviet Union was internal corruption not the big talk by Reagan and Thatcher. So now if the Soviet Union isn't propping up Dictator Castro who is? The fact is the Cuban revolution is moving ahead while the US Empire only weakens.
While I was stationed in South Korea I could always tell when a flight took us close to North Korea because it was pitch black or, during the day, the lack of trees since they cut them down for fuel.
Same as many parts of USA ... no lights and no trees... and swamps
@@bangolufsen8687 The US is not the size of gnat in comparison to it's population
If Gorbatchev wouldn't have sold USSR, then North Korea would be no less advanced than South Korea by now.
North Korea lives in an economic blockade imposed by capitalist countries.And in South Korea, people work for 24 hours
America killed 1/3 of the Korean population during the war. South Korea with all the US influence is the most cucked place on earth.
The purest distillation of greed is to deny those with ambition reward for their work.
that's a stupid thing to say.
@@SharonPresleyWriter Makes a LOT of sense to me. Deny rewards for productive people and give their rewards to non-productive people and see what happens. Why is that greedy? Envy and greed are two of the emotions that some think give them the right to take the proceeds from from one part of society and hand those proceeds over to another group that has not earned them. It is also very narcissistic for one to think that they can finally create the "perfect" form of Socialism even though that has never worked in the past.
Sounds poetic but I don't see how that's "greed". Evil perhaps, certainly bad and generally what we consider wrong and immoral.
@@erikkovacs3097SELDOM IS ALL OF ONE OR ALL OF THE OTHER MOSTLY IT's A BLENDING OF THE TWO!!!
@@58Galtha Government itself is the desire of everyone to get something for free at the expense of everyone else (except the pol's themselves)...All parties are the same, in the long run, tyranny will always rule the sheep.
You know, I really hate that socialist mantra of from each according to their ability to each according to their need.
Firstly that is state mandated theft, and secondly who has the right to say what your "ability" to "give" is?
Also, where is the motivation to work? What's the point, if someone is just going to take away that which you have produced?
Jason Wood good point, ask the military, weapons industry and the corporate welfare State and the other neoliberal transnational corporatists.
@@jasonwood7340 we get about 43% of our wages taken from taxes. In other countries like Canada it’s way lower. And where do our taxes go? Not back to us for services and healthcare or anything we actually need.
@@jasonwood7340 where is the motivation to work in America? Work 12 hours a day 60+ hours a week just for 43% of it almost HALF to get taken away. While you’re still struggling pay for child care, college, car payment, housing, etc.
What an amazing system lol. We work way more hours than other countries get way more taxes taken out, get the shittiest services. Insulin is $300 a cart meanwhile in Canada it’s $20. You’re out of your fucking mind if you think america is so great
The biggest socialism in the US now is corporate socialism (MIC, PIC, farm subsidies, etc.). I am for cutting that too !
@George...I would go for reducing AG subsides too...Something that was inspired by Earl Butz...Cheap corn, has allowed for cheap fast food - making it a lot easier for a lot of people to get fat...As a kid I don't remember seeing so many fat people as I do today...It is quite sad...I see many fat, out of shape kids...American kids did not use to be like that - very sad....
Start with term limits for our elected officials. Then cut their salaries. They’re supposed to be servants, not rulers.
They’re the ones that prop these businesses up over others. Not to mention there should never be a business that’s to big to fail.
Sluggo Bill
We should ditch the food pyramid. It’s killing use. The sugar, and grain industries influenced it.
Don't forget the FRS where it all started in 1913.
not seeing it
Socialist education has the same affect as socialist economics.
are you from one ?
@Vendicar Khan...What conservatives are you thinking of? You mean 'conservatives' hate socialist indoctrination? A lot of people hate socialist indoctrination. How do YOU define 'conservative'?
@@serpentines6356….. Conservative is to conserve to not want to change the present. If this was 150 years ago a conservative would want to retain slavery. But what has been happening is slowly capitalism has been changing. It has become more aggressive and less caring of others. The shareholders only, are important. The older you are the more you can see this because you have a greater time reference.
Note the speaker jokes how he can get his bar bill as a tax deductable.
@V Kahn..."American education has the same effect as no education. Lol!"...American education is not the same for everyone. There are plenty of people in the education profession who don't like, or agree with many changes that have taken place over the decades...And no, some get a great education, and some don't...But, as long as one knows how to read, and think and ponder, and loves learning - that is an education...
@V. Kahn -- "Libertarians and Conservatives hate that kind of stuff because they are special and need special attention from their superiors."
I don't know about Libertarians, but that is total BS when it comes to Conservatives.
You are being quite stupid, or maybe drinking too much when you assume to know the education level of someone you don't even know.
This price increase from lower production is what's happening in South Arica too.
@Kincaid7 do you have a link?
I believe this is it...ua-cam.com/video/eqD3QbzSsIs/v-deo.html
When I was 20 I tried to discuss socialism with socialists under economic and political science viewpoints, to show them socialism was a total failure. And everytime I pointed out to the socialists I met the utter failure of socialism everywhere, they just smiled and kept silent.
When I was 40 I made a "discovery". I "discovered" that it is wrong trying to discuss socialism in economic or political science terms, because socialism is in fact a religion. A religion which produces genocides, but being a religion, socialism does not need logic, all it needs is faith. So it is useless trying to show to socialists the utter failure of socialism everywhere, because they have faith and that is enough for them.
When I reached 60, I made another "discovery". Socialism is a mental disease, which, in its mild manifestations turns its victims into intellectually dishonest people (say, like British historian Eric Hobsbawn). The problem is that it takes just a very short step to transform an intellectually dishonest people into actual pickpockets, bank robbers, drug dealers, kidnappers and straight murderers (which they are).
And being a mental disease, the infected victims think about socialism 24/7.
And socialism is a threat to civilization.
You guys must go to every high school in the US and explain what socialism is actually to them.
The socialists do three things: when they are not busy mass murdering people, they are lying all the time, and while they busy themselves trafficking drugs, robbing people, etc.they are permanently sowing discord among societies. And since the French Revolution (which destroyed France, by the way) they have become good at sowing discord. And in the USA they have been scoring huge successes by attaining control of the media and of the academia, and this is why you see kids attracted to socialism. They are attracted because they listen to teachers telling them how beautiful socialism is and how ugly capitalism is. And when they read newspapers they read journalists that have all been coopted by the left, and they also keep hammering that socialism is beautiful and capitalism is bad, and little by little they are infecting the American youth. And not content with that, the socialists strive to destroy the American society from within, destroying the family, by promoting gaysism, and the widespread dissemination of drugs, etc.
Again socialism is a threat to civilization and you guys must start a cruzade in the American schools to educate the youth otherwise in a matter of one or two generations the socialist will seize the power in the USA. Never understimate them.
The examples are more informative than the language of "isms and ists" that induce Industrial Deafness. Interesting.
These guys should write a book about tax avoidance! Going to Cuba and drinking should not be a tax write-off!
(55:44) great presentation, but i think you guys may have missed an opportunity to really _drive_ home the distinctions between free market Capitalism-the voluntary contraction between free people-which relies on the non-aggression principle, and Interventionism and Imperialism which often rely on military conflict. the sooner libertarians and freedom-loving individuals and organizations are able to find a succinct but effective way to convey that message, particularly to the young people who are expressing a serious interest in "Socialism"-in _all_ its forms, real or imagined-the sooner the principles of liberty will flourish.
@Garrett, you don't seem to know what "coerced" means. If you decide, "gee, this is the best job I can find and I don't like it," that is definitely not coercion.
27:13 flipping the bird to Stalin. I LOVE that!!! It is interesting how OBVIOUSLY evil Stalin was and yet there are still statues there of him. I like that. It's better that statues stay up (although not necessarily in the same locations) , even of bad people, so people can go by and flip them off, spit on them, piss on them, shit on them, etc.....people need to remember history.
Statues to Stalin are the same as statues to Confederates. They're propaganda pieces dedicated to violent figures. Personally I could do without the emotionally unstable shitting themselves and the public square... it seems far better to replace them with sensible installations like investing in public restrooms.
well he lifted 200 millions out of poverty do not vergett that
@@robertmartin2936 thats why I said MOVE them. don't put them in city squares , maybe put them where they did their bad shit or maybe put them outside of sewage treatment facilities, or garbage dumps or next to Planned Parenthood, etc....
Edward Walker what have you got against condoms and cancer screening? It costs society less to find it and treat it early. Not a terribly fiscally responsible take.
@@robertmartin2936 well what do planned parenthood people have against statues of Stalin ?
54:24 "Who owns you under socialism? Government owns you. It's the nationalization not only of means of production, it's the nationalism of people... Socialism is just another form of public slavery." Good point.
Check out Einstein on this question monthlyreview.org/2009/05/01/why-socialism/
So get rid of cops, military and fire Dept. That’s all socialism.
@@loungenetwork their productivity tells how good is Socialism (BTW free market advocate minimum government not zero government buddy)
Explain capitalism to me
@@arminius6506 free market, immoral market
Guys, exposing the evils of socialism is fine and well, but what are your plans for reducing economic and financial concentration and introducing more competition into the system? That is where the neoliberals of all sorts fail. They never have a plan for this. Their response is that "temporary" monopolies and cozy oligopolies are nothing to worry about. Yes, they are! We need trust busting!
Liberal Capitalist is Making the Rich richer again.
Teddy Roosevelt was one of the monopoly busting presidents.
We have laws to do this nobody wants to because they are owned by global corporations and not beholden to the people or American companies.
@@kristyann9912 you think tanks are 'owned' by big corp. their views reflect the rich want to hear, it is fairly extensive in US.
these 2 guys' research MAY well be funded by big corp.
A LOT of views on the media in general are supported by various organizations and NOT truly independent.
There has never been a monopoly that was not backed by the truly violent monopoly called the state.
The USA subsidizes food for all its citizens since 1923. Every year. It is implemented through the "farmers subsidy".
No over country has ever done it. Not communist China, not USSR, neither North Korea or Cuba and despite sanctions.
The type of people that strive to be in government are the exact type of people who should never be allowed in it.
That's my signature quote.
“Politicians should serve two terms. One in office and one in prison.” - Mark Twain
no you dont have freedom of movement in china, they refuse you passage on buses trains and automobiles if you are not a favored person..
He was talking about moving from the country to the city over the last 40 years. Same phenomenon as happened in the US over the 60 years prior.
Patricia M: Give up the Israel-bashing. It's baseless, and it's stale.
@Patricia M Israel is actually a free nation. Mossad is the subversive "world government" arm of Israel, like CIA and CFR to the United States. Mossad is but ONE COMPONENT of MANY in the "international world order".
And oddly enough, China has an huge number of people who travel outside their country. For such a country that is so repressive, it's odd they'd let people experience the freedoms of other countries.
You are a ignorant wanker, as dumb has your post, men going abroad hey, how far have you been?? across the road to the nearest red light district and left your brains there, your knowledge of china is as small has brain PEA SIZE
My wife was bought up in Poland under socialism and it's all as you describe.... sucks.... You guys did not mention 'Marshall Law either'. No one on the streets after 10pm.
Poland wasn't socialism. It was Soviet totalitarian style communism.
Funny, I live in Scandinavia, ever since the mid 90s we have a steady inflow of poor Polish people looking for work, committing crimes etc. Why would that be?
Maynard Johnson - I was born and brought up in socialist Hungary. These guys brought back to me exactly the feel of my childhood and young adulthood. Socialism is paving the way to communism. That is the goal. No enterprise, public ownership, everyone should be the same: drab, uniform and outwardly docile and happy with it all. Thinking should be uniform, free healthcare of deplorable quality, free education dominated by Marxist ideology - if you dissent, you can be expelled or denied higher education completely. Black lists. Presents to party leaders for the sake of a little favour. (They were all corruptible!) Long queues? Yes! Products disappearing from the shelves? Yes! Lazy workforce? A lot of thieving because if something belongs to everyone, it belongs to no one? Yes! Yes! Take your head out of the sand, man! You may get what you are asking for : REAL. SOCIALISM!....p.s and yes, the party leaders, the leaders of industry were mostly bumheads because all they were good at was that they talked the meaningless politically correct code-language of socialism! No expertise in their own field of activity.
'Martial law' poppet, as in law imposed by the military :)
@Bill Randall XD
In the financial crisis of 2008 the banks were deemed to big to fail. They were bailed out by government (tax) funds. By any measure losses were socialised whereas profits in the good times were privatised. Is that too an example of socialism; albeit government pleaded corporate socialism? Answer anyone, am I wrong. Is China a socialist country?
Kibbe ends with an excellent demonstration of 'modern' academia (acknowledgement with dismissive avoidance)
LMAO @ 7:31 "Insert BSC Quote Here"
During the summer of 1970, when I was 16, my family drove through Eastern Bloc countries, East Germany, Belarus, Russia, Ukraine, Hungary, Austria. In Moscow we took a train to Leningrad, as it was called then, and back. There are two things I remember, toilet paper and the lack of phone books as there were very few actual telephones. The toilet paper was 3" squares of the color and consistency of paper shopping bags here except for Leningrad in which there was actually white toilet paper on rolls. My Father's Father was close personal friends with Kliment Voroshilov before he, his Mother and older sister left Russia in 1910.
For your information, Austria is not and has never bin a eastern block country.
@@rottendrestantje We didn't only drive through six countries of the Eastern Bloc. I never claimed that. We also drove through West Germany and West Berlin.
@@AjiSabaki And Austria...
I love living in 3rd world countries, but the reality is that men when single can live happy anywhere. It is women and children that we build civilization and modern tech for even if its subconscious.
What we also love in these third world countries is easier to find when we have the conveniences created by the first world countries who are more developed.
A plumber is a great job. There will always be someone who needs you.
Hey, that made me think of a T-shirt/bumper sticker quote...."Want to work for free? Try socialism."
Elevator repair
The live streamed socialist convention was SO disorganized. imagine those people trying to run a entire economy.
They are the ones that get shot by the psychopaths the moment they are useless for their cause, just because they are dumb - don't ignore them
Neo liberalism isn't doing to bad on that front either. Remember the bank crisis?
The introduction was so long I gave up the will to live
I had to laugh because you do have a point.
And his accent...positively scaramuccian
True and WAY too common. Short intros and get on with the program. But the FF button works well with these videos to get past the intro quickly.
@@58Galtha I prefer 1.25 usually but yeah 2x faster helped me. :D
😂😂😂🤣🤣
WE had an urban planner from the old USSR at the Henry George School of Social Science. We took him to a large supermarket, and he was amazed to see nine different kinds of cabbage. Cabbage is their staple crop, and most Russians only had access to one kind of cabbage.
Bernie thinks we have too many choices in a super market. I think he would be happier back in the USSR.
Hey, that's racist! Oh, wait, Bernie's a white guy representing the whitest state in the union. Never mind.
Critical point at 46: 24
When discussing socialism with people focus on value-based language. This will help me get through to people and create them to be less defensive and me sound less extreme
it's often important to narrow the field of allowable discussion in such ways, don't you agree?
I am still learning how to deal with these kids..
@@IntuitiveLeap yes I think that personality trait could be uniquely American but hopefully it is spread throughout the world
@@halasimov1362 any relation to Isaac Asimov? Love him
I'm so liberal that I'm a libertarian!
18:50 a cuban sandwich in little havana or in Cuba tastes the same: like dry, bland shit. Cuban food is famously dull and sucks. Powell is not a foodie, apparently. Cubans do two things and do them well: music and survival. that's it.
I agree 100%. Lots and lots of Cuban food in both Tampa and Miami.......pure vile swill!
Music?
Those that are not factually correct can not be morally right!
Thank you Cato! I'm getting this book I never even knew about it thank heaven you made this video I am 50 something year old mother with Millennial son and daughter and I need to get through to them in a fun and simple non dictatorial non holier-than-thou way
How was P.J. O'rourke not involved in an irreverent discussion about economics..and gin?
Intro ends at 5:52
Thanks Cato! I'm going to avoid dumping praise on how entertaining and on point this was, and just point out - that FLY is the metaphor for the Socialism. Swat all you want, it will continue to annoy us, and if we manage to avoid it, it will keep coming back. All we can do is stand up, speak clearly, and show that it has no power over us.
A libertarian who thinks immigration is a good idea while his country has an active welfare state is an idiot. A libertarian who lives in a democracy that is empowered to create welfare programs and thinks open borders is a good idea is an idiot. Once the incentives seen by perspective immigrants are based on freedom based opportunity, then he can rationally consider allowing immigration.
'Identify yourself' if you want to ask a question
@ Revealing your affiliation and agenda is a demand made by authoritarian and/or identitarian communists and fascists alike. Who and what you are doesn't change the meaning of your words, but people can choose to pre-judge them as a result, and avoid a discussion about them
@ I do notice that, and it makes me want to call myself a conservative, as opposed to one of the other groups
I must remind the esteemed panel of the Achilles heal of the libertarian when facing political parties namely the naive assumption that the politicos are acting in good faith and share values and objectives. The fact is that the Democratic Party to a large extent and the Republicans to a lesser but still significantly seek power and say and do anything to serve that goal. Young people may be generally sincere about the warm, fuzzy Utopianism of the socialists, but the socialists seek power pure and simple. They are all students of Marx, Lenin and Sol Alinsky.
Garrett Heinke Answers are important. 🙂like when you say you wanna be a star and your parents say and how are you gonna make a living, exactly?
"Imagining" a better system is the key word; when it comes to *creating* a better system, socialism fails.
@@michaels4255 you think the french had a concrecte plan of exactly what they were gonna do after they ousted their royality? You think in any revolution everyone has a concrete plan of how exactly the society ought to function down to the details?
@@CuteEplet Abolish private property. You have to be able to remove bad administrators before they put more another leaded gasoline on the market. This idea that "free markets" are doing everyone a big favor is a lot of nonsense. No market is free to begin with in fact markets are a source of conflict.
The issue at the moment is the confusion between social policies and actual Socialism, you want justice, fairness and redistribution of wealth, but when you pull out Marx you're now on a totally different trajectory.
Jester123ish I wish more people would realise this.
talking about the danger of socialism is like picking wallpaper for the titanic while it's going down
hard reset incomming
(economic crash)
Bernie Sanders for Economic Collapse 2021!
The bank. The banks, the banks, the banks...or more accurately - the banksters.
People keep addressing the symptom, but not the disease.
Wait...that logo....does this institute have anything at all to do with the women's apparel boutique? :P
Longtime libertarian fan of Cato here! I have to say, this video was much more entertaining and accessible than many of the other videos Cato has put out. Do more like this, please! I need ammunition in the war of ideas with my socialist frenemies 😅
Look up the Mises Institute and Tom Woods podcast...thank me later!
Thanks for the tips guys will check those out
Hard to take these jokers seriously, they don't really seem to be interested in an even-handed examination of socialism.
I was in socialist East Germany in the mid-1980s for one day (East Berlin). The major thing I noticed was how gray it was. Lots of slab concrete. It was very, very grey and drab compared to West Germany and West Berlin. Also there were some very cheap products such as cocktails at stands on street corners for $.25. Bread was cheap. But I also saw empty grocery stores. I saw horrible environmental pollution of rivers. Every product above the most basic was either very expensive or not available. There were also police and soldiers everywhere. I was very happy when that day was over and out of that grey concrete police state.
As for the third guy I am a libertarian also. I do believe in the non aggression principal. I do not believe that humans are ever going to be capable as a society to live in a utopia. I think what we have now is as close to a utopia as humanity has ever seen. We should always strive for more, bur the conservatives are onto something when they like to stick to the tried & true. We can't solve world hunger over night.
You live in the US and think it is close to Utopia? You must be in the 0.00001%
@@rottendrestantje If he believes in the non aggression principle then he can start by convincing the US Gov't to end its aggressive policies.
Love the Flying Dog brand, especially the Double Dog IPA!! The best IPA ever made man!
This is a good summary of a good book that normal people can connect with. However, the title scares the people that might need to hear this away. People that click on a video named "Sosialism sucks" are already on board.
Sweden is hugely expensive. Do not go to Sweden as a tourist.
Great facts and solid theory. I am enjoying the book. Nice to see them in person.
It is just opinions, the hand picked facts make the theory shaky. Maybe you people should look into your own economic model a little more critically instead of bashing others. Neo liberalism in no joke for most Americans
The guy in the audience talking about the "millions Capitalism has killed" is a fool, and I'm sick of hearing that fatuous argument. When we talk about the 100 million Socialism/Communism has killed, we're not talking about soldiers who died on the battlefield in war against Socialist/Communists countries. We're talking about 100 million people who were systematically executed by the state because they didn't embrace - or simply didn't fit neatly into - the Socialist/Communist ideology of _their own_ country. No Capitalist society has ever systematically executed people for the same reasons.
It is of course unfair to Socialist/Communist countries to add up the total number of enemy soldiers killed via warfare with Socialist/Communist countries, because war is something that can happen to any country and many soldiers have died via warfare with Capitalist countries. But the 100 million that people talk about has nothing to do with warfare or 'accidental' deaths resulting from Socialist/Communist policies - if we included those deaths the total would be even higher.
It's utterly nonsensical to try and claim that Capitalism has resulted in more murder than Socialism/Communism. No matter what dishonest methods one uses to try and produce a figure of "Capitalist murder", it will always be lower than the total aggregate number of murders by Socialism/Communism for the simple fact that no Capitalist country has ever systematically slaughtered non-Capitalist individuals as a matter of policy.
E101ification authoritarian and totalitarian governments capitalism, and communism have both killed roughly 100 million people. So. What about it?
The 100 million figure comes from people killed for political beliefs? Prove it. It probably includes famines, and suppressed revolutions and coups, so those are attributable to resource problems or authoritarianism. Those are not necessary for having a post capitalist system where ownership is held by either who uses the resource or democratic institutions that are directly accountable to people.
@@shmeckle666 that statement is beyond ignorant.
Are you allowed to leave the US? Are you allowed to choose your own career? Are you allowed to call the president an asshole without being lined up against a wall and shot? Are you allowed to keep most of your paycheck and spend it how you want? Are you allowed to start your own business, follow your own religion, own a gun to protect yourself (well at least in the non-communist states). If the answer to these questions are all yes, you are not living in a totalitarian society. Take a vacation in Iran, N. Korea, Cuba or Venezueala to compare the difference.
In order to get to 100m killed by Marxist nations, you must include starvation due to state planning. That no. is not just executions. Truly massive executions basically only happened in Kampuchea and the Islamic Republic of Iran (not socialist). I may well be missing some, but CCCP & PRC did not execute 10+% of their population.
The guy who asks a question at minute 55:00 is Dr. Yuri Maltsev, who was from the USSR and got his doctorate in Marxism. He is a "heavy hitter" on this topic and now a libertarian. And he is right, socialism is not just an economic system that fails, but slavery.
Yeah Cuba is cleary not poor because of the US cutting its trade from the whole word through its embargo...
“An idea is something you have; an ideology is something that has you”
Morris Berman
Looks like Ben brought back a souvenir from one of the 3rd world countries he visited... a LARGE fly. They all want to come over here.
@Vendicar Kahn That Great Leap Forward tho...
Joe Ellerbrock think the fly is hovering around all the shit he’s talking
@Vendicar Kahn Real socialist leap has never been tried.
The workers who produce value should own the means of production. You snakes will be crushed under the wheel of history :)
Thank you ! I will drink with you guys any time! Thanx for keeping in real ! Toña & Victoria beers not so bad in Nicaragua but stick to the rum ! Salud!
If I could sit down with cocktails with two men from the past it would be adam smith and Milton friedmen
You could do the right thing and join them in Hell?
@@Johnconno had no idea they were meeting in Venezuela!
American?
Do you believe that Adam Smith & Friedman would really find themselves in complete agreement with one another?
Not at all, Adam Smith was comparatively sane. Best...
7:45 ... every AOC quote ever?
Big difference between successful people and leftists
Taking my money and giving it to my neighbors is not fairness.
@667Gullin you realize everyone in the US is part of the top 1% of richest people in the world.
By the by that's communism.
Socialism is just a single corporate entity running everything.
The government is the corporation, any competition is crushed as it competes with the government.
Everyone works for that corporation, or they are working illegally.
667Gullin you want to tap the productive to fuel the unproductive its against nature and will fail every time no matter how many terms you make up and move around about it
667Gullin waffle all you like about noble endeavors the bottom line is, i'm not giving anything to anybody i don't want to, if you force me thats theft not charity so i'll do as little as possible and actively fuck things up. an ever increasing number will do the same as their prospects dwindle and then everything falls apart. its human nature it will win every time.
i hope he gets to write off all of his bar tabs, co`s you know, free money is allways cool.. :P
The cynicism of these fools is unbelievable. Writing off bar tabs after complaining about the alcohol level is really bizarre.
Kim O'Brien
You kind of missed the point.
It’s about the quality of product that under socialism.
Socialism makes everyone poor, except for the politicians. Government run business, and structure is complete crap.
@@dianem6951 Quality of the product is determined first by the level of development. You can't produce a quality that is beyond the capability of your tools. The second part is the quality of the human being that produces the product. Alienated workers seeing their quality of life declining are not going to be happy workers. They were the ones who defeated the socialist bureaucrats not Reagan's ICBM's or Thatchers British Navy.
A capitalism that stole all the increases in productivity for the last fifty years then came close to complete meltdown in 2008 is not making anyone but the 1% and the upper class happy. According to Marx no social system ends until it has exhausted all of its possibilities. The it must either change and move forward or collapse inward upon itself.
Government runs the Postal Service First Class mail has always run as an income generator. See if UPS or FedEx can deliver mail for their price of under a dollar. Monopoly business that gets way out of hand despite government regulations must be nationalized. PG&E reckless disregard for safety means punishment is in order. Nationaling them is the only possible way of getting the needed capital into a company that was looted by private profiteers. Every manager's job should be up for review and everyone getting a vote of no confidence by the workers they supervise should be pink slipped.
Deducting a business expense doesn’t mean free money. It means not paying taxes on that portion of your income. And alcohol is deductible under certain circumstances. This would be one because they literally made it the theme of their book. Keeping someone from taking your money legally isn’t “free money.” If you’d ever run a business, you wouldn’t say such stupid things.
The countries they discuss as being socialist can be better described state capitalist, which is how Lenin described Russia 7 years after the revolution. George Kennan & John Foster Dulles referred to Russia as such.
But since it isn't capitalist at all, that's undescriptive. State owned and state run are OK.
The US literally doesn’t have an actual market/free-market economy.
No but that's what we are taught to belive. Liberalist economy = Epicenter of what you measure with.
The more capitalist friendly, the better, and use it to rank stuff like freedom of the press with and things like that.
A cultural, political, economical epicenter and hegenomy.
The US had it in the 19th century. But the US lost it with the creation of the FED in the 1913
Come on, Corporate socialism in the US is as strong as never before. How many bottles of coolaid did those guys have?
Socialism fails to take into account the important reality that people are generally motivated to work when they believe they will be rewarded for it. The better the rewards the more earnestly they work. Simple. One in a thousand people work only to help the mobs, and even they would no longer be so motivated in socialism because they would soon realize that their work would not actually be helping anyone who needs it or deserves it. Here is the part that these comrades would really like about them both: we who don't like it would soon be arrested in the middle of the night, along with anyone who complained about our arrests, never to be seen or heard from again. It seems we are close because that will soon be true. May God have mercy on us all.
That is partly it, but even if a country was made entirely of altruistic selfless people; socialism still couldn't work because it corrupts the price mechanism. Prices contain all information in a supply chain and affects order of preference.
ua-cam.com/video/zkPGfTEZ_r4/v-deo.html
No person on earth knows how to make something as simple as a pencil as the complexities of the requirements to build a pencil grow exponentially as the supply chain grows; but prices allow the division of labor to create them in abundance with a sort of higher order intelligence. But put a bureaucrat in charge is assuming they know how to mine, log, farm, ship; and not only do that but know how to build all the equipment to do so, and in turn the industries around those equipment as well. Then even further have sort of omniscience to know if wood should be allocated to pencils, or furniture or anything else and foresight to tell if disruptive technologies might affect the demand for pencils.
Having the price mechanism aggregates all those complexities into something so simple, a child can understand. Socialism obscures the complexity into something that a god could not grasp.
You are wrong.
@@theacmemovement9677 Wrongererer.
@N Silva Yeah, because some people love demucking sewers. Lots of people do things they don't enjoy for an income. That has nothing to do with slavery. Slavery is when by violent force you are coerced into working, but at least you get "free", housing, healthcare and food.
@Vendicar Kahn Do you have a point, dumbfuck? Read what I wrote again, because you didn't get it the first time around.
I may be stupid, but since you are incapable of rebutting anything I say; what does that make you?
I have always depised McConnell as a RINO, but if he is going to position himself as the Grim Reaper, he suddenly looks a lot better to me!
@Vendicar Kahn...What is 'abundantly clear'?
V. Kahn....No, it is not clear...That is another vapid statement you have no evidence for.
meanwhile the fact is that USSR was stronger and people lived there better than most in ex-USSR parts later
"The thing that a socialist fears the most is to live in a socialist country that is not run by his friends." - Ludwig von Mises
This is the best place to learn about socialism is directly from the capitalists. 😆
Do some research on JP Morgan and the Big Money Trust who established the Federal Reserve. You'll be surprised just how socialist our Federal Reserve and the big money behind it really is. Thing is, US citizens have never been taught the true identities of these individuals who hid behind progressive "Capitalism", which is the opposite of free market. They were pro centralization, pro no competition, and pro manipulation of the markets. What is so funny is that people look back on them and say, "Ew, they're a great example of Capitalists." Except, they were highly connected to the Fabian Socialist scene and many of them funded the Communist Revolution. But of course, you're not taught that in your text book. Your just taught to hate Capitalism, which they conveniently tie to Democracy. Nope. I'm not anti-capitalist. I'm anti-socialist progressive capitalism. The kind the US has experienced through the banking system since 1913, which has effectively f'd our country up and created so much hatred of the system. No shit. It's Socialism, my friend. Just disgusting. And if you think I'm twisting things up, do some digging. It's crazy what you can discover when you stop allowing our socialist school system and news media to spoon feed you garbage. I honestly don't trust the right or the left. Anyone in cahoots with the FRS is CFR are anti-freedom.
@@rachelshelley4779 I think that I need to work harder on my sarcasm.
@@samuraijrb I provided a thought... mind you a long winded one. ;) wasn't arguing. Cheers.
Where/who is the best place to learn about socialism?
@@DanteICE ~ One thing the Pro Socialists Never do, is point to a successful example of their Utopian structure that we can marvel at, and perhaps even support. Like when a buddy informed me just how good the Chic-fil-A sandwich is. So, I tried one and agreed whole heartedly. It was delicious!
Most of us, Free Market Conservatives are open-minded. Somebody, please give us the name of just one successful Socialist model, and you may just win us over. . .
Envy is the engine of socialism and as such It will always fail ! A Just reward of a sin .
Whatsfreemasondicktastelike?
Germany before WW2 was successful implementation of socialism.
NwoDispatcher no it wasn’t , you forgot “National” .
@@delicheres socialism is no different from capitalism. It's just a different way to say minimum wage while stealing all the value out of everything.
NwoDispatcher so much of a success that it had to go to war before the economy collapsed!
On the first question, what defines socialism or communism. Only one possible definition to Marx: it is the success of capitalism surpassing its own foundations. Here it is: "Communism is for us not a state of affairs which is to be established, an ideal to which reality [will] have to adjust itself. We call communism the real movement which abolishes the present state of things. The conditions of this movement result from the premises now in existence" (German Ideology).
On another question, about communist technology. An example: high-speed rail, produced by China State Railway Corporation. A state-owned sole proprietorship enterprise.
Let me recommend a good book for these two birds..."Introduction to Formal Logic"
@Haba Ristra - So what's your logic? Socialism?
That might be a little too advanced. The syllogistic form and the modus tollens is probably good enough.
Excellent recommendation for everyone.
I'm 75 yrs. old and when i was a kid we lived in a free world, you was responsible for your own actions. today everyone wants to blame some one else for what they do. so, blame it on the government.
Black people?
So, the people of Sweden, Denmark, Great Britain, Canada, Rent free?
The first question by the white shirt man was usual but also really well posed. I don't know, maybe he's just charismatic, lol. Anyway, the book is nothing new if you already know the whole free-market deal, but it's pleasant to see a short and fun account of a real world experience.
Hey shout out from Texas Tech!! So there's 2 great economists from Texas Tech!!
I bet you drive a Chevy 'Mexican Edition' Silverado.
It is imperative especially for Millenials with their current infatuation with Socialism to do an objective evaluation of what happens when nations make the grave mistake of believing that this failed ideology is the panacea that will solve all the problems afflicting them. Make no mistake, Socialism is not the solution. It would only exacerbate the situation.
At 23:53 time, the slide says South Korea today has 96% child mortality. That can't be correct.
They might have planned parenthood there already.
On UA-cam, The Illinois Channel, reported on the talk by the governor and others on the new law requiring diversity on publicly owned corporations. Governor Pritzker slipped and said Democrat, then corrected and said diverse. This seems to be part of that road to serfdom.
the reason why the young people embrace socialism is because they are lazy and this socialism thing...(they are not that interested in the finer points of socialism...yawn...yawn.. )seems an easy way of living...someone else does the work while "they" reap the benefits... they get to to share the spoils with very minimal effort
Consider we are all born with an equal amount of inspiration to become rich...ok, now we look at what the media presents as a society run by the over-rich cronies manipulating wage slaves, and we soon lose our faith in justice and what is "right." No one wants to participate in an unfair system. We all can't be rich, but we all have an inborn sense of fairness. Fair enough.
They are being actively taught that socialism is the desirable result. That is why they embrace it.
Incorrect. These kids want and are denied the jobs that the Boomers refuse to let go of. They don't know real struggle but larp as if they do, because they've been lied to their whole lives by institutions that have been converged by Marxists.
I find it interesting how so many young people I know who are Marxist and pro communism are all university students and graduates who dont seem to realise that *they* are the bourgeoisie ...
You can tell there are some Socialists in the room as the flies follow them. So annoying to have that fly zipping around while trying to listen to his speech.
The problem with communism is: eventually you run out of other people's money.
The problem with the capitalist central bank is the printing press is in the hands of the ruling class.
Cheers 🍻 to the great metaphor!
Problems occur when the concept of money is disconnected from work. We need to remember that money is just a way to easily exchange work for other work or for things we need like food, shelter, etc.. When the government takes too much money via taxes or Socialism they are really taking someone's work and/or innovative ideas from them. Is it any wonder that productivity decreases when Socialist ideas take hold?
And the same thing happens when your boss redistributes wealth and devalues your work and refuses to pay you more than the $10/that he offered you 40 years ago.
That really kinda sucks.
Then when some demagogue comes along and blames everything on emigrants instead of the wealthy and inappropriate implementation of technology then the people are distracted and violently attacking the wrong enemy.
Taxation is not socialism.
@@maynardjohnson3313 Why pay Americans more when 3rd worlders will work for less and are in abundance?
@@maynardjohnson3313 In fairness it's not the emigrants but the politicians who, especially in my state of California, have created a new serf class separate and poor who in exchange for votes are appeased with social services but are locked out of the wealth and privileges of the ruling elite.
Money should be disconnected from work. Because work is not what provides value. It is just an overhead cost to reach the end product.
If you dig a whole and fill it back up with a spoon; that takes more work than someone who writes a line of computer code for a robot to manufacture something. But digging and filling holes with spoons does not have consumer demand. Money is a way to measure which people would prefer.
In fact, the less labor something takes to accomplish the same ends, generally results in more value because it frees resources to be deployed elsewhere. I guarantee 18th century farmers worked harder than almost any American today; doesn't mean they created more value. But as those hard working jobs were displaced by technology, it created easier and more abundant value elsewhere.
Honestly, when we talk about these topics it is always important to bring people of both sides to the table. This has a weird corporate funded vibe to it.
Edit: I just found out that this institute is funded by billionairs to defend neo-liberalism and trashtalk socialism. Someone in the comment section mentioned Milton Friedman: he was a *WELL* funded individual. That's how culture is influenced with money, you can basically buy university graduates to teach them your school of thought. He did it that way.
Of course it is , do not listen to this people ! They are defending the false mantra about their neoliberal bullshit , that brought HUGE inequality and made people miserable ! But enriched the super rich scumbags
Bane “neo-liberalism” has brought more prosperity to more people than any system ever.
Never got a job from poor people.
@@raaaaaaaaaam496 Capitalism happens on a global scale. Your lifestyle couldn't be affordable without exploitation in the third world.
A system hasn't brought prosperity, but technical advancement over time has.
Tatami not true. Even if it was true it will be completely invalid with automation rising
From Capitalism, Socialism is the cruelest road to... Capitalism
They should review their statements on mass internal migration to today with people fleeing New York and California to Texas and California
These guys are such intellectual embarrassments. They failed at the first hurdle, the definition. They could not even develop an understanding of the difference between socialism and communism. This doesn't even consider the different types of socialism, like democratic, anarchistic.... etc.. @9:40 he showed his primary school level understanding by illustrating that Sweden has private property and a trade system. Well done! He has discovered Democratic Socialism. But, as the half wit was only there to get drunk he couldn't describe it properly.
Have these guys ever read a book? How is anarchism a centrally controlled governmental system?
As expected of the Cato institute.
My sense is most people don't want a socialist state in the Eastern Bloc sense of the word. What they want is affordable medical care, some debt relief, infrastructure that works, fewer homeless people roaming the streets, a little more in their paycheck, not having to work full-time until the day they die, etc. Call it socialism; call it whatever. It seems the word socialism is invoked to justify doing absolutely nothing. Although, reading through the comments, it appears there are a respectable number of people who aren't buying the "socialism sucks" diversion.
@@satyricon451 Most people, yes.
Some people, mostly those with money, want none of those things and more money for themselves in the form of tax cuts. Hence why they finance this channel.
Capitalism isn't perfect, just better than anything else.
Great, so we can have universal healthcare like Sweden...not socialist
I loved the conference, and then I loved the audiobook. Socialism Sucks and Beer rules!!
The board of directors of a corporation should not have a fiduciary responsibility only to it's stockholders but rather to the stockholders, workers and the consumers.
There should be a responsibility to the environment and those who they share the environment with
If you as a corporation, spew out carbon/hydrocarbon particulate and we find that it gives the neighbors cancer then you pay their bills and I extreme cases, do real prison time for murder.
Should should should...but that's not reality.
1:06:02 What did that guy say?
1:15:20 And just as quickly as she appeared, the heroine vanished. Nice move with the microphone!
Starts @6:30
Can you please do a lecture on countries having free markets? I consider the so called dark net not to be free, since it is illegal in most countries.
No such thing as a free market what the are really talking about is private property enforced by a capitalist state power.
But did they drink any beer on their trip?
I don’t see why if a private company can make a profit and distribute a dividend to its shareholders that a state owned company can’t do the same and distribute the dividend to its citizens.
Because the larger a state gets, the more susceptible it is to becoming a self-serving bureaucracy in the service of a dominant oligarchy
That is a very excellent question, Alan! Here is the answer:
1. Because shareholders pay $ for their shares, gambling that the company will thrive so the shares increase in value.
2. Because the $ paid for the shares enriches the company with capital to invest and become even more profitable.
3. Because state-run companies tend to lose more $ than they make (eg: USPS) 'cause the workers have no skin in the game.
4. Because people are willing to work hard to achieve excellence ONLY if they see that the reward is worthwhile.
5. Because maybe 1 out of a thousand people might be willing to devote all their hard work to the mob, but
6. even they would soon give that up as they saw that no one actually gets helped because of the corruption.
7. When all the people are poor the whole country becomes poor; shithole poor.
8. And if the citizens have no arms to revolt against the government, the rulers quickly become very corrupt; even evil.
9. And that is why socialism always leads to communism, which always turns even the most formerly prosperous countries
into shitholes of hell on earth. Once you reach a certain point on this treacherous path, there is no return. You're done for.
Now, there are several hundred exceedingly wealthy and powerful men in the world who truly are evil, and intend to crash the world so they can control it better than they do now. And they have made quite a bit of headway in their plans. They are so wealthy they don't even touch money or carry it. They simply use their positions of power. They have servants who take care of the lowly details. But those are not the men that Socialism could ever touch. They are the ones who have managed to convince your generation that socialism is a fine thing, and will bring about fairness! Alan, the world has never been fair, and will never be fair, unless everyone is held down under the jackboots of Communist thuggery. Do you really want that? You don't think that people should be able to make for themselves a better life? better than yesterday? Maybe even better than the lives of people who are not willing to work for it? Should we all just wait to be given whatever moldy schlock the corrupt bureaucrats are willing to hand out? And of course they would take as much of anything we've got as they can carry away, just to make things fair, and it will all rot in warehouses, because of the rampant corruption of a government whose people are not free to rebel.
Socialists will foolishly go after the wealthies 1% of the population who are successful; people in 'our world who make money, and who mostly will not be able to hide or to defend themselves. Socialism kills the geese that lay the golden eggs, and the golden eggs cease to be be laid, and the whole society becomes poor; shithole poor. So, you may yet get your wish! Where every one is poor, and the men who made our prosperity happen will be in work camps shoveling shit, or maybe just shot dead. Be careful what you wish for.
Do you think that there is just a certain amount of money floating around, and the privileged few just grab it? Grow up!
Because the 1% you hear about from the media have mostly earned their money. What should you pay a man who can take over a failing company and turn it around? You should pay him enough that he will do it for you! Otherwise, he'll go to the competition!
Alan, free stuff might bring a moment of happiness, but it is by fulfilling our responsibilities that our lives have meaning.
Are you sure that you love the poor? Do you want what is best for them? Maybe you just hate the rich and want to knock them down and take their $ and watch them become poor. Would you love them then? No, you would still hold a grudge and hate them as much as ever, maybe more.
But they know how to work and find success, and they might turn around and build themselves up again!
Well, you can't have that, now can you? So, off to the work camps with them all!
But that is tricky if the citizens own guns! So how do you get their guns away? You would first need to get control of the media to convince the masses of nothing but lies and propaganda. (All US major media is owned by a handful of men exceedingly wealthy men; men who will still have power in the new regime.) take away the freedom of speech, so they can't complain as I am doing now.
Decades of polluting the food and water with heavy metals, pharmaceuticals, etc., has kept the people down. And, of course, dumb down our education so we can't learn HOW TO THINK.
Then rabble-rouse the masses to feel that they have been oppressed, and pick the most successful citizens as the oppressors!
And, there you are! Civil war. Every family divided, every denomination divided, every school, every institution divided and conquered. "Well", you say, "good riddance to all that unfairness!" You are a dangerous idiot. Even the poor in our country have a good life: cell phones, a car, tv, cheap food, Goodwill stores in every town, and equal opportunity to improve their lives. But if you are willing to destroy the best, most fair country ever, turn it into a shithole to make sure no one has any more than anyone else, whether they deserve it or not, then our country could have no greater enemy than you.
Thank you for your detailed response. One thing , I’m no communist, I may have been some kind of socialist when I was young but that’s a long time ago now and I was never an activist. So I’m no enemy of your great country.
@@TheDarZone It would be nice if you can acknowledge the secrets in government. How can a people rule themselves without the facts? There is fraud in DC. Corporations are not humans as thay have no soul. They don't go through life as an entrepreneur does. Why do we have LLCs? Why do we have accountants and corporate lawyers? The People's house was capped at 435, why? The building was built too small? Justice is run by the ABA a for profit mob. Many rich men make money by devising financial instruments while I make nothing on my savings from years of serving men beer. People are turning to socialism because of a people that don't take charge of the business of governance.
@@TheDarZone tl;dr
Two real questions - (1) Why is no difference made between socialism and communism? If the two terms refer to exactly the same thing, then there is no need to have two terms... also, (2) what term DO you use for all those nations that respect property rights and market forces, but do have political freedom, and programs to cover health insurance, control pollution, truth in media, etc. as the Northern European nations and Japan have?
My best understanding, is that Socialism refers to the economic theory, and Communism refers more to the political theory and method of achieving their dream state.
As far as your second question, I'd state that the Euro countries and Japan are all Capitalist nations, but they have very large social welfare programs. The fundamental distinction being that they still follow all the rules of Capitalism in terms of free market and strong private property rights, and true socialist countries do not have private property rights.
This is more my understanding of the subject rather than absolute fact, and I hope it helps make it easier to understand :)