Comments by "Stallone " (@stallonegodinho6296) on "Colonialism Wasn't Profitable - How History Works" video.

  1.  @andrefalksmen1264  Milton Friedman is not an imperialist. He is a free market advocate. That's a big difference. Have u been familiar with the works of Thomas Sowell. U can check his sources. What's the academic debate about the sources I cited?? Why do u think Shashi Tharoor is some impartial authority? Why do u think Milton Friedman is not impartial but shashi tharoor is?
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  2.  @andrefalksmen1264  Thomas Sowell, Milton Friedman are also trained economists. Yet they are right wing hawks according to u. What next? is Ludwig von mises a right wing character? Is Hong Kong economic miracle not a result of colonialism?
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  3.  @andrefalksmen1264  what does Cato and heritage have to do now?? U think Cato and heritage are bad? Are ur views the same about left leaning think tanks?? U sound very biased yet u claim others as biased. What hypocrisy ur exhibiting. The mere fact that u don't recognise ur biases, speaks alot.
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  4. ​ @andrefalksmen1264  But did u check the finances of the British East India company. It actually lost money when it was ruling India. So india was an unprofitable venture for the British East India company.
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  5.  @andrefalksmen1264  U do realise that all those 100 plus videos on YouTube by Indians don't provide any evidence on the finances of British East India company. They don't have any statistics. They just repeat everything said by politicians in India. What hard evidence do they have on the finance of the east india company?? I have a data on my bio, u can check out from London school of economics. Even Economist Milton Friedman said that the British lost money in ruling India.
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  6.  @andrefalksmen1264  "Right wing talking head hacks", "pop culture revisionist white conservatism". None of these are any valid arguments but just some childish shaming tactics. U sound like a typical socialist. No one can beat Thomas Sowell other than Shame him.
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  7.  @andrefalksmen1264  I'm quoting Thomas Sowells books which are available on YouTube as audiobook.
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  8.  @andrefalksmen1264  Why? Do u have any rebuttal of his work as recommendation?
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  9.  @andrefalksmen1264  Why is Thomas Sowells view on imperialism is comically uniformed and inaccurate?
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  10.  @andrefalksmen1264  Where did u do ur training in economics?
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  11.  @andrefalksmen1264  How is Thomas Sowell promoting white supremacy? He clearly attacks it.
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  12.  @andrefalksmen1264  Actually Milton Friedman doesn't really say that economic growth comes from increase in demand. It seems Keynes came up with it by advocating the creation of demand during recessions. U will find Milton Friedman telling in his speeches that government should cut spending instead of creating demand in the economy. Milton Friedman was more of a liberal. He was involved in making the New deal of FDR. It's weird that ur calling him a right wing. Have u even seen his interviews??
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  13.  @andrefalksmen1264  U clearly don't know about Milton Friedman or Thomas Sowell. Savings are important. That's why Thomas Sowell and Milton Friedman have advocated for tax cuts for rich, middle class and poor. The ones who want to create economic growth by using the central bank are the Keynesians. Thomas Sowell and Milton Friedman have said that the Fed should be abolished and replaced with free banking.
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  14.  @andrefalksmen1264  Colonialism and white supremacy are two different things. Thomas Sowell is not a white supremacist. He never advocated for racial superiority of whites. Don't make false claims now. Well Sowell isn't wrong in saving that barbary pirates enslaved so many whites. Sowell isn't wrong in saying that blacks were enslaving other blacks in Africa and selling them to Arabs before Europeans arrived. There's no white supremacy involved. Just observations. Ur biased pre-assumptions speak a lot out u.
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  15.  @andrefalksmen1264  Yes, as u said Tax cuts would spur economic growth only when they are ended by as savings. But even if people don't save, the consumption would create growth. But Why should any sane person pay high taxes from their hard work?? No one works to pay taxes. If u want to give away ur income then good luck, don't force everyone else to pay taxes.
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  16.  @andrefalksmen1264  Well agreed on that capital accumulation is necessary. That's why welfare state should be abolished, becoz very few people save money in the west becoz the government provides for them. In china the savings rate is 45%. In India the savings rate is 30%. In US it's quite less. China and India don't have a welfare state like US. Quantitative easing may create growth but that most of that benefit will go to the top people , becoz the bottom ones will lose them money as a result of inflation created by quantitative easing. Some other method would be better for growth without causing inflation. Becoz the effect of inflation is very high on bottom income people.the wages of bottom income in US are stagnant.
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  17.  @andrefalksmen1264  Well most of British exports during the 1800-1900 were to Europe and Americas. British did export goods to India. But india wasn't really significant as compared to Europe and Americas for British exports.
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