Comments by "John Burns" (@johnburns4017) on "Hitler's Socialism | Destroying the Denialist Counter Arguments" video.

  1. The free market works when it is not rigged and monopolized. That is rarely the case. Private monopolies do not work efficiently or deliver. UK train companies are an example. One of the first acts of PM Johnson was nationalising failed private rail companies. Commonly created wealth should be used for common services. Currently we have the reverse with commonly created wealth appropriated by private individuals and concerns. The richest people in tbe UK are inproductive economic parasites - landowners. Privately created wealth should stay private. Currently the state appropriates privatly wealth in the form of income and sales taxes. Easy to put right.
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  2.  @TheImperatorKnight  Private monopolies exist. The profits go into private coffers. Commonly created wealth is appropriated by private concerns - legalised theft. The state does legally steal your hard earned earnings. Look up Henry George. https://www.youtube.com/watch?v=thOyk_FrvMQ Read: Progress and Poverty by Henry George. He is only carrying on what Adam Smith, Ricardo, JJ Mill, etc, proposed. https://www.amazon.co.uk/Progress-Poverty-Henry-George/dp/0911312986 For starters: https://www.henrygeorge.org/bob/ https://www.progress.org/ http://www.landvaluetax.org/what-is-lvt/
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  3.  @TheImperatorKnight  Private monopolies are not public monopolies. The state may permit them but private they are. Commonly created wealth is appropriated by private concerns, instead of being used for public services. Because the state allows legalised theft of common wealth does not make the wealth end up in public coffers. Some industries/networks only work properly as monopolies - telcoms, power, gas, rail, etc. These when run by private organisations fail miserably far too often. The rail industry in the UK is a prime example over 150 years. The Capitalists cream off, neglecting the network with inevitably the network falling into the arms of the state. We, the taxpayers pick up the tab while they run off. Also the rail men made sure the lucrative land around the stations and terminals were in their hands. The high value was because of the proximity of the rail tracks. The London Underground Jubilee Line extension costed £3.4 bn, yet the land values around the station rose by £14bn. All this publicly created value ended up in private pockets. The increased value could have paid for three or four badly needed rail line extensions. Read: Wheels of Fortune by Fred Harrison. If we want the state to stop stealing the fruits of our labours, we have to stop private organisations, and individuals, from stealing from the state. We: - Allow commonly created wealth to be appropriated by private concerns. Legalised theft. - Allow privately created wealth to be appropriated by the state (income & sales taxes, etc). Legalised theft We should do the opposite. Do not confuse the free market with privately run. https://www.youtube.com/watch?v=EPbJYJYCge0&feature=youtu.be&t=1
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  4.  @TheImperatorKnight  Economist say there is no silver bullet to solve the economic crisis, which is still suffering after 2008. There is. A tax reform to that will make us all richer. It is had been adopted 15 years ago it would have prevented the housing boom spiralling into a financial catastrophe. All we have to do is reverse the 16th century coup against the people of England by the aristocracy. As back as far as 1066 people paid for the public services out of the surplus income from their land. It contains the solutions to so many of society's problems. 3/4 of public revenues were still being raised from land income right into the 17th century. Then the aristocracy executed their coup. They hijacked the tax system so that they could pocket the land income. By the middle of the 19th century just 4% of revenue came from land. The first attempt at a counter-coup was in the electrons in the early 20th century. Parliament became a scene of a political clash over the budget of 1909. But the House of Lords was full of powerful landed aristocrats in their country mansions, they proved too powerful. They were able to defeat the will of the people. So government had to raise revenue by penalising the people by taxing their wages. 100 years repressed growth followed as the tax burden crushed the working population. The bad taxes destroyed jobs, wrecked the natural environment, rewarding the polluters while penalising the producers. Governments know that taxes damage the economy. They implement stealth taxes to camouflage the impact. 111 years ago Winston Churchill tried to shift taxes back onto land owners. If Gordon Brown had implemented this in 1997, by now national income would be greater for every man, woman and child by at least £15,000, and we would have avoided the property boom & bust and 2008 Credit Crunch Crash. When you shift taxes from working and saving to Land Values, you get rid of the distortions that make people work less and save less. And therefore people are operating in a more efficient fashion. Political parties should stop fighting amongst themselves and unite in tax reform. That will not happen until people insist on their ancient rights. The landowning aristocracy betrayed the people of the UK by blocking the People's budget in 1909. Parliament must finish the business it started 111 years ago. In early 2009 the House of Lords discovered that 4 Lords were prepared to accept money to influence a law to further reduce the tax liability on landed property. 100 years after the People's budget scandal some Lords were still lining their pockets at the expense of the people.
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  5.  @TheImperatorKnight  Are the "rich" rich because they added value to our wealth and well-being, or are they rich through economic rent seeking? A world of difference. Celebrate the rich (if they EARNED the riches we CHOOSE to bestow on them)! Note: economic rent is where there is no costs of production or enterprise. Generally, wealth commonly created.
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  6. Karl Marx was an economist who spent most of his time analysing Capitalism.
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  7.  SlypherSpoons  You must stop making things up.
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