Comments by "Michael Mappin" (@michaelmappin1830) on "Peter Schiff Debates Two Socialists on Debt Ceiling" video.

The craziness is that you can have someone like Peter lie through his teeth and there's so many ignorant people that actually can't tell that he's lying. Saying that the capitalist system was working wonderfully in the United States until the government got involved and went off the gold standard. Sure, yeah government got involved and caused the Great Depression. Might as well be claiming the Earth is flat.
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@ultramagalatino7791 , the government ruins everything? That's not true. The government is extremely effective. The ruling class likes to convince people that the government is stupid they don't know what they're doing. Do you think the Afghan war was a failure? It was a huge success. The goal was never to win. Why do you think United States government funded and equipped the mujahideen and Taliban? Why were they pay to overthrow the Afghan democracy in 1979? Why did the mujahideen meet with Ronald Reagan? Why Ronald Reagan praise the mujahideen? And so did his counterpart, Margaret Thatcher. You can find videos of them on YouTube giving speeches. Under the capitalist system most of the capital is owned by the richest members of society. That's why they get most of the wealth produced by labour and why they get to make most of the decisions in regards to what is produced, how things are bruised, where things are produced, how much workers get paid, Etc. That's why most things are made in China and why wages are so low. That's why the two richest people have just about as much wealth as the poorest half of the American population. Why the top 1% of the population has almost as much wealth as the poorest 91%! Why do you think it's called a plutocracy? Capitalism concentrates wealth and power. That's a fact. Under capitalism you have a capitalist plutocracy. The founding fathers were very very clear that those who own the country should be the ones that run the country. Workers and your regular citizens should just be mere spectators. The government is basically nothing more than a committee of the rich. Whoever controls the capital also controls the government and the market. Obviously So, you like capitalism but you don't like their government. You like capitalism, but you don't like it's externalities. Yeah, that's kind of like loving muscle cars with combustion engines but not liking all the carbon monoxide they produce.
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@ultramagalatino7791 , exactly! The ruling class owns the government. And under capitalism the ruling classes those who own the most capital. That's why they call it a plutocracy. That's why most of the wealth produced by labour goes to the 1%.
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