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Ficus-lovin\x27 Capybara N\x27 pals • 🌟 • 25 yrs ago
Unlearning Economics
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Comments by "Ficus-lovin\x27 Capybara N\x27 pals • 🌟 • 25 yrs ago" (@YourCapybaraAmigo_17yrsago) on "" video.
Every standard economics channel on YouTube be like: Large corporations should be able to dictate everything & this will result in the best world for everybody the end! And it's amazing how many people accept this without question. What is with people's brains? They all seem to be made of putty.
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The free market Kool Aid proliferates.....
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One can either govern the private sector for the benefit of: ✓ All workers, including the highly-skilled & management ✓ Our communities ✓ The common environment ✓ Families ✓ Consumers ✓ the future ✓ independent businesses (often small tho sometimes midsize) Or, we could allow big biz executives and CEOs to do whatever they want with zero limits or punishment in the face of clearly criminal or bad behavior and....... Let's see who wins.... Um...<Furiously checks notes> ✓ big biz CEOs and execs ✓ elite shareholders Gosh I wonder which one I prefer. I mean it's like the Coke or Pepsi challenge how can you really choose between them amirite?! They're just both so good! I'm so torn!
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New UE video???? BABE!!!! 📢
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Awesome Ted talk! 😂 Who says a TED talk needs to be long to point across?
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For me the issue is so so simple. Do we have enough to go around for everyone on this planet/country/community, and if so, can we provide everyone with a reasonable standard of living, with some people having a little bit more and some having a little bit less, but everyone being above a certain baseline? I say hell yes. And if this is true, than how best do we achieve this? And I think the answer is clear: a rational and ethical combination of a regulated private sector and a more centrally-planned and controlled to public sector. I think that makes the most sense. Questions, concerns? As far as I'm concerned the standard study of economics is nothing but a bunch of convenient and casual assumptions that people try to justify with a lot of high-sounding rhetoric but in the end when you boil it down it literally is simply opinion and assumption. I mean that's just what it is. Sometimes when scarcity increases so does the price of a given good. Sometimes the opposite occurs. Sometimes neither occurs. The thing is life is complicated and people are also, and I know that conventional economics adherents like to have these basic foundational beliefs taken as always factual so the rest of their assumptions can appear more justified and self-evident, but I do not accept these claimed foundational assumptions, at least not in all cases. I also reject the idea that we have a scarcity of resources on Earth instead of an abundance that is simply mal-distributed. (Obviously we have a hard upper limit because the Earth is a finite space but compared to our population I do feel that we currently produce an abundance of natural essential resources)
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Ya I also wouldn't call it terrible. I don't know enough about it to say authoritatively, but it appears they made huge gains in a relatively short period of time. Whether those gains came at too high cost is up for debate, but that's what I gather from what I've heard about it.
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Uh oh where!?! ILL GET 'IM! WHERE'S 'E AT!?! a commy!?! A communications major? I hate those guys! Lemme at 'im!
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I can just tell you right now in the US we have a shameful hunger and food insecurity problem and we probably produce more food by leagues than any other developed or undeveloped nation. So you tell me friends what the living FUCK is going on here because it's the shame of this nation that we have so many children and adults who go to bed hungry in this country for even one night much less night after night month after month sometimes the same people sometimes different people. It makes me SICK and feel like I need to be causing extreme grievous bodily harm to someone.
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Lol. Economics isn't a science, it's a value system. If you believe Sowell then you believe that the 1% in business (or in income) deserve everything no matter what and and have the right to do whatever they want & that is just a very sad value system. Well bye thanks for coming round.
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@Pridetoons fr
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@geoffgjof yeah for sure. LLC laws were one of the best things their political buddies ever game them.
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@geoffgjof I can agree with that.
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Hgf
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Bro says inferior cuisines CUHH 😂
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Just to add, Sowell is no doubt a very smart person and has impressive achievements, and no doubt had to deal with & overcome a great deal as he was coming of age prior to and during the civil rights era. I just disagree with his conclusions.
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2:17:00 BINGO!!!
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Simple market controls could fix a lot. High min wages, many labor protections, market share limits, price controls, merging limits, pollution limits and effluent cleanup mandates, and so on. These simple measures would improve SO FKG MUCH. Jesus why is this SO GODDAMN HARD to get done?! so sad the same worthless people keep getting elected here in the US again and again. It's a CURSE.
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My economic vision is simple. It's based on a simple principle that posits that there's more than enough to go around & the vast majority of it is being unfairly gatekept an artificially limited by evil or brainwashed Others. I'm not a full communist, I do believe in a private sector, I just believe that it should be highly regulated and overseen by a govt body (and yes of course I know how hopelessly corrupt or inept government bodies usually are, still overall I believe this is better than economic libertarianism which only benefits the top few %). Everyone deserves a good job. Everyone deserves a good wage. Everyone deserves a share of the pie. Labor deserves primacy and the full profit share of their labor guaranteed under law, at least 50% but ideally 70%. Owners and shareholders can take the rest. Corporations should not be our dictators or owners and should not be able to own or control government or exist above a maximum size. Maximum wealth should be limited say 100M. And so forth. Taxes can be done differently to relieve the burden on the bottom 80% and put it where it belongs - the top of business. Schools should never have to hear "reduced funding" again and should be funded through the general fund, not corrupt property taxes, which in my opinion shouldn't exist at all or should be less and should never be used as an excuse to steal someone's home. God there's so much room for reform. It's endless.
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2:01:55 and don't forget housing in general, and affordable housing in particular. I mean can I get an amen? (Okay that was a little corny) but I think we're all living through this right now, those of us that are still renting and if your homeowner, congratulations but how secure do you feel? do you feel you have adequate foreclosure protections, because if you live in the US, my opinion is you do not! Not even close! So we got issues there too with a totally unregulated predatory big banking system in this gddm country. Housing security, long-term job security, and health security in this country supposedly the bastion of all first world countries is shamefully lacking for a majority. Now I know that's not the best we can do.
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@rogaldorn4759 broamigo I certainly try!
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Lol. Sowell is just another asshole who wants to use pseudoscience and his personal opinion to say why the elites in the private sector should get to do whatever they want and why we can't fix poverty with ethical and positive government policy and market management controls. It's just same old neoliberal nonsense. So funny. They clothe their opinions in a whole lot of pseudo-intellectualism and unprovable claims and a lot of people bite off into it. Once again, just another corporate bro- "the 1% should be able to take everything, Labor should be happy to be subservient and passive and disempowered, the small elite ownership class (not so much small owners but the big boys) should get all the rights and all the control (and all the money ofc!) and everyone else should be happy to dance to their tune. I mean come on it's soft feudalism. Who the hell does he think he's fooling? Yawn so tiresome. Typical for his ilk today. I won't say I'm 100% communist but there's a place for market controls and plentiful government basic services and provisions. Geez. That's all there is to it.
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