Comments by "Tony Wilson" (@tonywilson4713) on "How 'Little House On The Prairie' Beamed Libertarian Propaganda Into America's Homes" video.

If you want to take that a step further and accept that at the most fundamental level communism is the communal ownership of property. Then by that most basic definition things like publicly owned companies where anyone can own shares in those companies are also a form of communism that overlaps with capitalism and democracy. Everyone is free to join or not join the ownership of an enterprise that is owned by a community of shareholders where each person is free to own as many shares as they like or can afford while the officers of that enterprise are democratically elected where each share gets 1 vote. I'm an engineer and I've been informally studying economics for a couple of years and one of the things I found is how badly most people understand some of the most basic concepts because of all the political culture war nonsense that's been raging. As an engineer we have things called basic principles that DO NOT CHANGE. The problem is that in Economics & Politics everything changes constantly. FYI - I'm Australian but went to college in America. I was there 3-1/2 years including the 1987 presidential pre-season. The single biggest issue with American politics is that the whole shitfest takes place in a manufactured bubble of noise and confusion. American politics is more Truman Show than reality. And before anyone asks yes I am aware that one of the WORST offenders in fueling the current culture war is Australian born Rupert Murdoch. But then we did try and warn you what he was like just as we had tried to warn the Brits and you didn't listen just as the Brits didn't listen. For reference go and watch or rewatch the 2004 documentary "Outfoxed: Rupert Murdoch's War on Journalism"
4
@sebastianbardon391 WTF are you talking about. I HAVE NOT MADE ANY PREMISE about how many shares are purchased by anyone. I've just said the simple fact that public companies are owned by communities of people democratic and they operate democratically except that its 1 share = 1 vote. This is why economics, politics, education and human society in general is such a basket case right anytime someone points out a basic truth then a dozen clowns have to stand up and say nonsensical BS. You have just demonstrated why people with STEM backgrounds think everyone with an Arts Degrees is a M0R0N who's constantly trying to outthink and over explain everything.
1
@Zhagg1 Like all economists your NOT stepping back and looking at some fundamental realities. Your just diving into the details and specific examples while not considering some basic realities. I am not talking about the details of how corporations work or communist states work or even trying to compare them. I am pointing out the basic fact that public (and the public thing is really important) corporations are fundamentally community enterprises with a democratic system of governance. You say they are not democratic on the assumption that democracy is based on 1 vote per person. I studied Ancient Greek society as a humanities option and Democracy has NEVER been 1 vote per person. There has always been systems of exclusion and there still is. In many countries people are not allowed to vote unless they are over 18 and a citizen. Permanent residents are often excluded. So when I say public companies are democratic I am NOT saying they operate like political democracies which is why I keep saying 1 share = 1 vote. If you want to discuss what's fair and what's not fair we could discuss Puerto Rico as other US territories where the population has ZERO effective representation in the government that rules over them. if you want to talk about unfairness then how come a handful of superdelegates each get the same voting rights as 1000s of registered Democrat voters when it comes to nominating presidential candidates?
1
@Zhagg1 You should start listening to people who DO KNOW what they are talking about. People like Mark Blyth, Adam Tooze, Jacob Sholl, Eric Helleiner and others all ARE ALL POINTING OUT THE HISTORY OF ECONOMICS because it explains how we got to this point in time. People like you are so infuriatingly IGNORANT and your SMUG ARROGANCE is disgusting. Communism is based around the concept of COMMUNITY ownership. PUBLIC Corporations are built around a COMMUNITY of share holders WHAT THE 'F' is so damn hard to grasp about the similarity. You people with all you smug arrogant theories on markets, derivatives, politics, psychology, philosophy and other crap while you IGNORE basic realities. Karl Polanyi said you can't commodify human beings and yet what has every economist done since Marx and Smith?????? And you people wonder why others get angry and frustrated with your smugness.
1