Milton Freedman, Austrian Economics & Free Market Capitalism is provable load of garbage
There are so many real life examples of how this ideology of Austrian economics which promotes "Free Market Capitalism" meaning UNREGULATED Capitalism, has created so many WORSE things in society (including endless WARS) and has not made things better at all, that if you STILL want to ignore this, it can only mean you are IGNORANT.
Top British Communist Joti Brar talks with Caleb Maupin (she is very good in explaining things with good accuracy)
if you actually want to understand Capitalism / Socialism / Communism and Capitalist Imperialism, which also produced Fascism, you really should listen to this. Get Educated People!!
People who live in 1st world capitalist countries... you should pay attention to this also, as it will, or already has, affected your lives negatively also. If you don't understand the most basic reason why Capitalism is exploitative and unstable system, you will keep making a mistake by defending this system which will (or already has) negatively affect you also.
I have given proper working alternative already... its called WORKER COOPERATIVES... the actual Communist economic system.. one that doesn't exploit the working people.
Something is wrong with memo.sv, I have bit over 0.01 BSV in the wallet, yet when I try to tip even 1000 sats, memo says I don't have enough funds. What gives?
Milton Friedman is capitalist propagandist and he is full of shit.
What he fails to say is that EVERYTHING IS PRODUCED BY WORKERS, not businessmen/capitalists/governments... but WORKERS and WORKERS ONLY. EVERY SINGLE PRODUCT ON THIS PLANET CAME FROM ENERGY IN FORM OF NATURAL RESOURCES AND ALL OF THESE NATURAL RESOURCES WERE EXTRACTED AND SHAPED BY ENERGY OF THE WORKERS... NOT BUSINESS OWNERS... AND THE BIGGEST LIE OF CAPITALISM IS THAT IT IS SYSTEM THAT IS FAIR, JUST, PROMOTING HARMONY ETC... TRUTH IS THIS SYSTEM (as every other before it, ie Monarchy, Slavery, Feudalism) IS EXPLOITATIVE, UNFAIR, AND ACTUALLY PROMOTES NEVER ENDING GREED, ITS ANTI-SOCIAL AND ROTS SOCIETY FROM WITHIN, AND OVER TIME CORRUPT ABSOLUTELY EVERYTHING... we are living in such fu**ed society right now. https://www.youtube.com/watch?time_continue=66&v=R5Gppi-O3a8 CAPITALISM IS A SYSTEM WHICH REWARDS THOSE THAT DO NO WORK (CAPITALISTS) THE MOST, AND IT IS AT THE EXPENSE OF THOSE THAT DO ALL THE WORK (WORKE...
Listen CAREFULLY what is said at 10:40min mark... and you will have all the truth you need to know WHY America is Fascist Capitalist shithole
It cannot get clearer than that... Bolton literally spells it out and only complete morons with their heads stuck in their asses cannot see this, or will keep denying this. THIS IS WHAT YOU GET WITH UNREGULATED CAPITALISM... THE CAPITALISTS END UP CONTROLLING EVERYTHING AND RULING OVER EVERYONE.... so any time someone tells me how Capitalism is great, how Socialism is evil, how Government should stay out of everything... all I have left to say to them is that they are people who are complete fucking MORONS.
There is a very simple reason why Capitalism is the problem: When the Capitalist always pays less for their productivity, the workers are never able to buy the products they produce. That's all there is to it. And as Crag Wright points out, capitalism is all about chasing more and more profits, which in capitalism is ALWAYS at the expense of worker's wages, in this red queen race, the capitalists (a small minority) end up having more and more, while workers (the great majority) have less and less... and this is simply not a sustainable economic system... never was, and never will be. So the question is... when will people in Capitalism learn from it?
As prof. Richard Wolff explains very well, and what I have been saying also, is that all the people in politics in all western capitalist countries, blame everything and everyone else for economic and social decline, bu the very economic system itself, which is actually the main reason for the decline of society globally