Comments by "josh fritz" (@joshfritz5345) on "What Orwell Actually Believed" video.
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@PolitictalDipsit Unfortunately, Youtube is censoring most of the comments on this chain. I have very little faith in "democratic socialism," socialism of any kind leads to a strong central government, which invariably leads to corruption and oppression. That isn't unique to socialism, but socialism is one of the most reliable ways to create the circumstances for totalitarianism. The USSR, Cambodia, China, Germany (fascism is derived from socialism), Korea, Venezuela, Cuba... all of these places suffered under socialism.
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@PolitictalDipsit Free market doesn't necessarily lead to tyranny. It can, but monopolies don't tend to last long due to market competition. We have plenty of monopolies today, but nearly all of them have one critical thing in common: they are in very heavily regulated sectors of the economy. Government regulation creates the conditions for monopolies. Monopolies, the purest form of market tyranny, struggle to survive in a free market.
I find that most often the harshest critiques of capitalism are often targeted at the least capitalistic parts of modern capitalism. There are a few industries which present issues, and there is room for some regulation (environmental regulations can be important for example,) but as a whole, less market regulation actually tends to lead towards better output, better products, and often even better wages.
One example: Minimum wages. A minimum wage might sound like a great idea. It protects the worker from having their labor exploited, right? Well, here's the problem. If you're doing unskilled labor, and your labor only provides around $15 of value to the company, your employer can't afford to pay you $15, so the position never opens up, and there is no job created. Higher minimum wages reduce the number of low-skill jobs, and result in higher unemployment among less skilled people. It might not be ideal working for $12 per hour, but getting that first job can create the conditions for you to work your way up. Minimum wage earners work their way up to more respectable earnings rather quickly, but without entry level positions, that option isn't available to them. Minimum wages are an example of government legislation designed to make people feel good and get politicians elected, but which causes more harm than good, both to employers and to workers. It can drive smaller employers out of business, and cause larger companies to replace workers with automation, thus reducing the number of jobs available.
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@PolitictalDipsit No offense, but that was a little hard to read. A little punctuation and use of paragraphs would go a long way.
To some extent I agree that the free market isn't perfect, because the ultra wealthy tend to use their wealth and influence to lobby government to create laws which favor them and suppress competition. But that isn't a product of the free market in action, that is an example of government working in conjunction with a corporation to subvert the free market. That kind of thing becomes increasingly difficult to address as government grows in size. But in general, more regulation will result in a less free market, and a less competitive, more monopolistic industry. Some of the most heavily regulated industries (food, medicine, international trade) are the most heavily dominated by monopolies.
I understand your idea of capitalism being exploitative, there's some truth to it. Yes, corporations are greedy, and they would love to minimize the amount they pay their workers. But if those workers are free to leave their jobs at will and join another, better paying competitor, the corporations can't risk losing skilled workers by under-paying them for their work. As long as we have some basic worker protections in place, and as long as the industry isn't too heavily regulated, there is effectively a market for skilled labor, and employers will try to out-bid each other for more skilled employees. Skilled workers will bring in more money, and employers know this, thus are willing to pay more for workplace experience.
Also worth considering. Some employers willingly offer extra incentives to reliable, profitable workers such as paid sick leave, holiday bonuses, and a break room stocked with free drinks. While not free to the employer, the company realizes the value of skilled labor. These perks are designed to attract and retain skilled workers who bring in profit for the company. Skilled labor is NOT expendable, and any successful businessman knows this.
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@PolitictalDipsit The DeBeers diamond monopoly required massive cultural influence campaigns and a huge organized crime ring to enforce. A well organized cartel operates very similarly to a government, and in many of those diamond rich countries, diamond cartels were the defacto governments. They used this immense power to corner the market and were ruthless to shut down any potential competition. Yes, powerful criminal cartels are bad too.
Yes, but the attempt to consolidate control of the market to one huge mega-corp can't work as long as it's possible for new small upstarts to enter the market. Dominoes can never have a pizza monopoly unless they lobby the government to make permits for opening a new restaurant too expensive for small upstarts to afford. One real world example, the reason why all toy manufactures in the US are huge companies is because Mattel, a very rich toy manufacture, lobbied for heavy and expensive regulation of the toy industry which drove independent toy manufactures out of the market.
Yes, bad bosses exist because bad people exist. You can't regulate cruelty out of the human race. But by limiting structures of power, we can reduce the capacity for it. And no structure of power is more unaccountable and prone to abuse than a government.
There has never been an economic system put into practice at scale that has resulted in equal sharing of wealth across society. Any system that promotes hard work and innovation necessarily rewards some people more than others, because not everyone has as much to offer society as each other. In a free society, rich people tend to be wealthy because they provide a valuable service to society. Engineers, scientists, economists, doctors, all provide valuable services that benefit society, and are well paid for their efforts. Even ultra billionaires who are quite easy to hate, like Mark Zuckerberg have done something huge for society. I'm happy to criticize lots of stuff Mark Zuckerberg has done, I think he's a pretty bad guy. But you can't deny that a lot of people use the platform he created, and in a sense, he got his wealth because he innovated how we communicate with each other.
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@PolitictalDipsit I think GDP is a pretty good measure of prosperity, but I respect your take on collectives. I'm not a collectivist, but I can see the appeal of it. That being said, unions tend to evolve into corrupt lobbying groups, same as corporations. Maybe collectives wouldn't be so bad if the central government didn't wield so much power and bow down to special interest groups so easily. My criticisms of workers unions are very similar to my criticisms of corporatism. Lobbying to a central government subverts the free market.
Small scale collective bargaining? I've got no issue with that at all. I don't need it because I'm able to negotiate well enough on my own merits. That being said, if a union started screwing with me saying that I won't get a job unless I join the union, now that's another issue. That happens in some places, and I very much take issue with that. That being said, I won't attribute gross practices like that to all unions, I'm sure some are respectable. Personally, I've had mostly negative interactions with unions, but some people speak very highly of theirs.
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@PolitictalDipsit The theory is that with GDP comes everything else. I'd argue that letting people keep the bulk of their money and spend it how they see fit is better than having a centralized government use taxes to spend people's money for them. People know what they need better than the central planners do. Some people just don't want a centralized healthcare system.
If you're dead set on taxes as wealth redistribution, well I guess I'm not going to convince you otherwise, but I would still argue that cash payments to the impoverished are better than systems like food stamps. People generally know what is best for them. They should also have a limited duration. Sometimes people need help getting back on their feet, but nothing destroys a community quite like creating a system of dependency. The only exception are drug addicts and the mentally ill who are incapable of acting in their own self interest.
I'd say the best way to do welfare checks is that you file for them once, and you receive a certain number of checks in the mail for however many months (maybe 3 to 6 or so) regardless if you have a job or not. If getting a job ends your welfare checks, why the hell would you ever get a job? After the checks stop, you can't reapply for a period of time, perhaps a year or so. Financial assistance should not necessarily be denied to someone who is employed, it should be provided based on income level. We want to avoid disincentivising employment as much as possible. For all the criticism on America, we have some of the best economic mobility in the world, and key to improving this further is to avoid making whole families, whole communities even, dependent on government checks. We can find ways to help them without crippling their independence.
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