Comments by "Doncarlo" (@doujinflip) on "Why America Is Becoming Increasingly Anticapitalist" video.

  1. America was here before basically 100 years ago during the age of laissez-faire trusts. Young (and not so young) workers would protest for better pay and conditions, and managers responded with police-backed violence. An anarcho-communist movement grew as a result, and political takeover was ultimately stopped by compromises of collectivization programs such as strengthened labor unions and the advent of Social Security. Such "socialism" would have to be revisited before younger generations remain enchanted by more extreme leftist ideas when they end up replacing those in power in due course.
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  2. Capitalism where the capital has plenty of competition, sure. Problem is the capital is being allowed to concentrate and entrench itself at the expense (literally) of the average consumer.
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  3. Gold and other limited-quantity media has the problem of being spent or hoarded at exactly the wrong stage of the business cycle. Going fiat basically eliminated the deep busts that led to bread lines and empire-ending revolts. That economic and social stability is what we gain at the price of our past individual labors gradually expiring over time.
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