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Philosophy of Freedom

Started by driftingjackal5 · · 👁 15 views · 257 replies

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Participants driftingjackal5Amanda Patel2Ryan Nelson5Harold Martin10Jack Myers59Ashley Bishop4Charles Campbell7Jack Smith5Peter Reyes63lonetrucker4swiftotter51Kimberly Cox59Harold Stewart3silvertiger11Drew Lee7Rebecca Roberts3Morgan Rodriguez57William Anderson5urbanotterJames Nguyen13Joshua Moore13Benjamin Taylor6rowdyranger44Amanda Allen4 …
urbanotter urbanotter Regular
431 messages
joined Oct 2020
#181 ·
rowdyranger44 said:urbanotter, the ones who walked away with the biggest slice of the pie are the very same people who spent years suffocating any semblance of fair market competition. They’ve been rigging the regulatory framework like they're getting a custom suit hand-tailored just for them. The Federal Government has more than proven its track\\s incompetence over the last two decades. It is high time they stepped back and actually fixed the things that would benefit everyone. Let them start by fixing the judicial system. That would do far more good than them continuing to play the big shot in our national economy.

I'm not disputing any of that,

but I am certain that the same people who haven't fixed these issues up until now aren't going to be the ones to fix them suddenly.

That's why I find myself looking for a different solution rather than sticking with the same players who have been running the show, just like you mentioned.

It doesn't necessarily have to be the Labor Party, but right now, they seem to be the only real option that offers anything different from the status quo, and there's at least a glimmer of hope that they might perform better.

Once they prove me wrong and end up acting exactly like the previous administration, I'll move on to another option—even if it means turning to the devil himself.
Ryan Nelson5 Ryan Nelson5 Member
48 messages
joined Jan 2013
#182 ·
urbanotter said:I think you're saying that because you're in a much more privileged position than I am.
You seem to be playing the role of a prophet who can see right through everyone's character without any actual evidence, predicting exactly how things will play out—and somehow concluding that we should just vote for the same people who have already cheated us and stolen from us.

I consider myself just an average person, and I have no intention of voting for anyone who has a history of corruption or dishonesty. I prefer to live by the old adage that a wise person learns from their mistakes and doesn't repeat them, while a fool keeps making the same errors even when they know better.

I'm going to cast my vote for anyone who hasn't been part of that cycle of theft and deceit, provided there is even the slightest chance they might actually do things differently. As far as I'm concerned, there is absolutely no future left with the people who have held power up until now.

But you fail to see that I am the one learning from mistakes, while you are the one repeating them...

For instance, I stopped believing in easy pre-election promises and finger-pointing. I realized we need massive cuts to government spending (similar to that article on Latvia you posted a while back). This Federal Government is the closest thing we have to that model in our political landscape.

Meanwhile, you'll go right back to voting for those hollow, unrealistic stories told by politicians, only to complain after the election that you were screwed and try to shift the blame onto them for failing to meet their campaign promises. 🙂
driftingjackal5 driftingjackal5 MemberOP
24 messages
joined Jan 2013
#183 ·
urbanotter said:Until the majority realizes this and pushes for change, true freedom remains out of reach.

Our entire way of life and how we behave is dictated through the design and control of the financial and monetary systems.

This is achieved through manipulation and by feeding us delusions, such as the idea that we should wait for salvation from foreign capital or outside investors.

The world isn't filled with philanthropists and Good Samaritans; instead, it is dominated by greed, avarice, and self-interest.

The only way out of this mess is to rely on our own strength and protect our interests from both our own leaders and those "Samaritans" from overseas. As the old saying goes, if you help yourself, God will help you.

There are two main things causing us the most harm.
-An unprotected, open market that dictates exactly what we are supposed to consume.
-The current model of monetary and financial policy.

I believe the only thing the average person can do is vote for the party they feel is the lesser of two evils—the one actually attempting to address these two core issues.

For now, that would be the Labor Party, who, despite all their flaws as a political organization, seem to recognize exactly where the deepest problems in this society are hidden.

Look, PLEASE explain to me how an open, free market could possibly "hurt" consumers—and how in a free market anyone can "dictate" what you choose to buy? 🙂
Harold Martin10 Harold Martin10 Active Member
82 messages
joined Nov 2015
#184 ·
urbanotter said:But then who exactly would you hand that power to?

Maybe we should hand it to the very people who exploited market conditions at everyone else's expense and directly contributed to us landing in this mess.

It feels like a bit of a contradiction to blame them for causing the crisis while simultaneously claiming they were just behaving "normally."😕

Do you honestly believe they’re going to undergo some sort of moral awakening or suddenly decide to change their ways if you grant them even more freedom to prioritize themselves? There's no reason to think they wouldn't just repeat the cycle instead of working toward the common good.🙂

Honestly, they don't even need to change. Not the debtors, not the banks, and not the developers. In a truly free market, citizens, banks, and builders all find ways to profit—the only ones consistently losing out are the politicians.

Keep this in mind—this whole mess would have been significantly smaller if the government hadn't used its regulatory muscle to inflate the housing bubble in the first place. If the Federal Government had reached out to the IMF back in 2008 and pushed through the necessary reforms, we’d be looking at a stable, growing economy today. Instead, we've spent five years slowly sliding toward a decline, just delaying the inevitable. Rather than fixing the foundation, the Federal Government has stuck to "socially sensitive" policies since 2008 just to win votes—even though we all know that approach isn't socially sensitive at all in the long run, considering it leads straight to debt and painful stagnation.

The state was the one with the authority to pop that real estate bubble before it got too big, yet they did the exact opposite. And aside from a few lucky outliers, it wasn't the developers, bankers, or debtors who profited in the long term—it was the politicians.

If you ask me, I’d strip the state of as much power as possible. It’s pretty clear that in the US, we lack the actual mechanisms to hold our politicians accountable. And let's face it: it's better to have no regulation at all than to have the kind of disastrous regulation we've actually dealt with.
urbanotter urbanotter Regular
431 messages
joined Oct 2020
#185 ·
Harold Martin10 said:Honestly, they don't even need to change. Not the debtors, not the banks, and not the developers. In a truly free market, citizens, banks, and builders all find ways to profit—the only ones consistently losing out are the politicians.

Keep this in mind—this whole mess would have been significantly smaller if the government hadn't used its regulatory muscle to inflate the housing bubble in the first place. If the Federal Government had reached out to the IMF back in 2008 and pushed through the necessary reforms, we’d be looking at a stable, growing economy today. Instead, we've spent five years slowly sliding toward a decline, just delaying the inevitable. Rather than fixing the foundation, the Federal Government has stuck to "socially sensitive" policies since 2008 just to win votes—even though we all know that approach isn't socially sensitive at all in the long run, considering it leads straight to debt and painful stagnation.

The state was the one with the authority to pop that real estate bubble before it got too big, yet they did the exact opposite. And aside from a few lucky outliers, it wasn't the developers, bankers, or debtors who profited in the long term—it was the politicians.

If you ask me, I’d strip the state of as much power as possible. It’s pretty clear that in the US, we lack the actual mechanisms to hold our politicians accountable. And let's face it: it's better to have no regulation at all than to have the kind of disastrous regulation we've actually dealt with.

I feel like you're being a bit contradictory here.
How exactly did the government use its power to blow up the housing bubble?🤷

I mean, the government doesn't own all the residential properties, nor were they going around buying up houses and driving up prices themselves.

Your argument feels a bit too broad; it's hard to tell which specific properties or sectors you're actually referring to.

First, you argue against government intervention, but then you turn around and criticize them for not using that very power effectively.
All this talk about the free market sounds a lot like the same old mantras and demagoguery we've been hearing for the last twenty years—rhetoric that hasn't produced results, but instead has landed us in this catastrophic situation.

You mentioned that in the long run, it wasn't the banks, the developers, or the average citizens who profited, but only the politicians.
I find that quite difficult to wrap my head around, so it would be helpful if you could elaborate on that.😉

The one point where I completely agree with your post is regarding our lack of accountability. We simply don't have enough mechanisms to control our politicians. There's far too much tolerance for their mistakes, the public tends to be incredibly forgetful—hardly remembering what happened even four years ago—and the whole system lacks transparency, which just opens the door wide for corruption.
Harold Martin10 Harold Martin10 Active Member
82 messages
joined Nov 2015
#186 ·
urbanotter said:I feel like you're being a bit contradictory here.
How exactly did the government use its power to blow up the housing bubble?🤷

I mean, the government doesn't own all the residential properties, nor were they going around buying up houses and driving up prices themselves.

Your argument feels a bit too broad; it's hard to tell which specific properties or sectors you're actually referring to.

First, you argue against government intervention, but then you turn around and criticize them for not using that very power effectively.
All this talk about the free market sounds a lot like the same old mantras and demagoguery we've been hearing for the last twenty years—rhetoric that hasn't produced results, but instead has landed us in this catastrophic situation.

You mentioned that in the long run, it wasn't the banks, the developers, or the average citizens who profited, but only the politicians.
I find that quite difficult to wrap my head around, so it would be helpful if you could elaborate on that.😉

The one point where I completely agree with your post is regarding our lack of accountability. We simply don't have enough mechanisms to control our politicians. There's far too much tolerance for their mistakes, the public tends to be incredibly forgetful—hardly remembering what happened even four years ago—and the whole system lacks transparency, which just opens the door wide for corruption.

We can probably agree that the Federal Government has a mandate to oversee macroeconomic stability.

At one point, around 2001 or 2002, the government started ramping up its own debt. This fueled a rise in the standard of living, which encouraged people to take out mortgages. So, you had both the citizens and the government increasing their debt simultaneously. It created this positive feedback loop: GDP growth leads to better credit ratings, which leads to more borrowing, which drives more GDP growth. Naturally, people started assuming home prices would climb forever. Of course, a bubble like that *had* to burst eventually—and it did, simply because they ran out of new debtors to fund the ever-increasing levels of debt.

A lot of people today blame the borrowers, saying they should have watched the macro trends more closely, but that's a bit unrealistic—after all, those borrowers are essentially paying politicians through taxes to handle that oversight for them.

Others point the finger at the banks, but honestly, that's not really their job; they have to look out for themselves and protect their clients' savings.

It was the government's responsibility to monitor consumer debt and stop borrowing so heavily, which would have prevented the artificial spike in real estate prices caused by that temporary boost in living standards. Instead, the government borrowed as much as possible to intentionally pump up the GDP. And it's perfectly predictable that rising GDP and consumer confidence will trigger a real estate boom.

On top of that, once things started slowing down, the government rolled out various measures and incentives—which, while a smaller part of the issue, clearly shows their intent—to lure even more people into taking out loans just to keep the GDP and living standards afloat until the next election cycle.

That's why I maintain that having no regulation at all is often better than having regulation that moves in the wrong direction.
Amanda Allen4 Amanda Allen4 Active Member
238 messages
joined Feb 2013
#187 ·
driftingjackal5 said:Libertarianism views freedom through the lens of property rights—basically, it’s all about tiers of privilege. Who owns what, and why? Who gets to claim a life, and based on what? The inevitable conclusion here is that the individual actually living that life holds the ultimate right to it. If you don't see it that way, then Objectivism really doesn't have much to do with libertarianism at all. Besides, Ayn Rand openly despised libertarians like Murray Rothbard... so I'm not sure why you're even bringing him up in the same breath unless you're just trying to discredit libertarian "references"...

Look, let’s get one thing straight—I'm not trashing this as some revolutionary new idea I'm dismissing *a priori*. That’s not how I roll. The reality is that every single capitalist state—from around 1870 right up through the end of WWII—hit a wall where they were forced to roll out social programs. They had no choice... it was inevitable. They ended up expanding that whole "minimal state" liberal concept just because they had to. So, calling the concept flawed isn't just my opinion—it's an *a posteriori* fact... it actually happened.

Honestly, you’re pretty far off here—libertarianism, by this modern definition, is actually a relatively recent addition to political theory. You could argue that the real starting point for modern libertarianism was Murray Rothbard's manifesto "for a New Liberty" back in 1973... that's where he breaks down the core concepts that really separate libertarianism from classical liberalism. First off, it comes down to the philosophical foundation. Classical liberalism is essentially built on utilitarian philosophy. Those guys argue that capitalism and individual freedom are good mainly because they produce the best results compared to other ideologies. Libertarianism, though? It's based on two moral pillars—individual sovereignty and the non-aggression principle. In plain English: libertarianism pushes for individual freedom because it's the most moral position to take, whereas classical liberalism just sees it as the most useful one. That's a massive distinction...

Before the whole "state-run education" thing took over, honestly, hardly anyone even went to school. Back in Europe, literacy rates were sitting somewhere between 1% and maybe 10% at most in some developed areas. Whatever schooling actually existed was tied directly to the Church—which, let’s be real, is about as far from a libertarian institution as you can get...

Look, your whole argument completely ignores the fact that the 19th century was the era of the Industrial Revolution. Before that kicked in, most people were illiterate simply because they were stuck doing backbreaking labor every single day—they didn't have the time or the capacity to even think about sending kids to school. Farm kids—who made up basically everyone back then—were out in the fields working alongside their parents instead of sitting in a classroom. It was the Industrial Revolution itself, which massively spiked productivity, that finally allowed kids from poor families to actually get an education instead of spending their entire lives working the land. For example, look at the stats in the US... between 1850 and 1900, literacy rates shot up from 20% to 95% in a tiny window of time, and that was BEFORE public schooling even existed. In fact, once public schools were actually introduced, literacy rates actually DROPPED by a few percentage points and just stayed stuck there ever since...

I already laid out my basic objections—like how people insist that all personal wealth is just the direct result of one's own labor. It’s obviously not... anyone sitting on capital can hire others and profit from their work—that’s literally the core of capitalism. Honestly, it'd be pretty funny to see some libertarian party actually fight to abolish inheritance rights based on that principle, just so some kid doesn't get a head start in life thanks to their ancestors' hard work.

This is pure socialist logic. Seriously, do you even know how to define what capital actually is or where it comes from? What are people without capital supposed to do to get some? Is labor itself a form of capital? Since you're throwing these questions around, maybe try defining your terms properly before we keep going.

I apologize for jumping into this discussion uninvited, but I simply couldn't sit back and ignore those questions above.

First off, I agree with the author—that paragraph he wrote poses some absolutely vital questions that need precise definitions if this debate is ever going to make any sense. I have my own thoughts on these points, but for now, I'll address just a few.

1. Labor is only potential capital if it actually generates profit. And who decides that? The market does.
2. Capitalism as a system is dead—it was killed by those who used political privilege to monopolize its flow for their own benefit.

Since history doesn't move in circles but rather advances evolutionarily, a return to the past is impossible. We have to focus on the problems facing our future—and whether our current actions can actually influence them.
urbanotter urbanotter Regular
431 messages
joined Oct 2020
#188 ·
driftingjackal5 said:Look, PLEASE explain to me how an open, free market could possibly "hurt" consumers—and how in a free market anyone can "dictate" what you choose to buy? 🙂

It’s actually quite simple.
They’re essentially playing on consumer psychology, targeting people who are feeling the squeeze on their wallets by pushing these cheap, imported goods that honestly leave a lot to be desired when it comes to quality.

It feels like we’re stuck in a bit of a losing battle lately. When you look at our domestic manufacturers, they’re essentially fighting with one hand tied behind their backs. They are constantly weighed down by heavy taxes and a massive mountain of regulatory costs that just keep piling up. Meanwhile, we’re seeing an endless wave of imports flooding the market from countries where the tax burdens are practically nonexistent and the labor costs are a fraction of what we pay here. It makes it nearly impossible for a local business to stay competitive on price when they're playing by such different sets of rules.
When you look at the big picture, this kind of policy really guts domestic manufacturing, which inevitably leads to people losing their jobs. It’s a domino effect—once those positions vanish, the average person's purchasing power just evaporates. I’ve seen it happen in several Rust Belt cities where once-thriving industrial hubs suddenly turned into ghost towns; families who used to be self-sufficient find themselves struggling to make ends meet, often relying heavily on their parents for support or leaning on government assistance just to get by.

When you look at what trade actually means between two nations—basically the exchange of goods and services—it becomes pretty clear where we stand. Right now, our exports only account for about half of what we’re bringing in through imports. Until we can find a way to balance that scale and flip the script, I don't see us changing any course; we're essentially stuck on this current trajectory.

While globalization has certainly succeeded in opening up the floodgates for the free movement of goods and capital, it hasn't quite delivered on its promise to level the playing field regarding business conditions or wage standards. It’s an interesting paradox to observe, really; we see this massive push for the seamless flow of products and investment across borders, yet there remains such a heavy emphasis on protecting the mobility of labor and people. I remember reading an analysis once that pointed out how much more friction exists when you try to move talent compared to moving commodities, and it feels like that imbalance still defines our modern economy.
The only people truly reaping the rewards from this entire setup are the capital owners—the ones who architected the system in the first place and, if they ever feel threatened, aren't afraid to defend their interests with hired mercenaries or actual weapons.

The other participants in this era of globalization and free markets are essentially facing two outcomes: they either see their standard of living steadily erode, or they manage to scrape by with just enough profit to barely pull themselves out of the poverty they were stuck in.
Ryan Nelson5 Ryan Nelson5 Member
48 messages
joined Jan 2013
#189 ·
urbanotter said:It’s actually quite simple.
They’re essentially playing on consumer psychology, targeting people who are feeling the squeeze on their wallets by pushing these cheap, imported goods that honestly leave a lot to be desired when it comes to quality.

It feels like we’re stuck in a bit of a losing battle lately. When you look at our domestic manufacturers, they’re essentially fighting with one hand tied behind their backs. They are constantly weighed down by heavy taxes and a massive mountain of regulatory costs that just keep piling up. Meanwhile, we’re seeing an endless wave of imports flooding the market from countries where the tax burdens are practically nonexistent and the labor costs are a fraction of what we pay here. It makes it nearly impossible for a local business to stay competitive on price when they're playing by such different sets of rules.
When you look at the big picture, this kind of policy really guts domestic manufacturing, which inevitably leads to people losing their jobs. It’s a domino effect—once those positions vanish, the average person's purchasing power just evaporates. I’ve seen it happen in several Rust Belt cities where once-thriving industrial hubs suddenly turned into ghost towns; families who used to be self-sufficient find themselves struggling to make ends meet, often relying heavily on their parents for support or leaning on government assistance just to get by.

When you look at what trade actually means between two nations—basically the exchange of goods and services—it becomes pretty clear where we stand. Right now, our exports only account for about half of what we’re bringing in through imports. Until we can find a way to balance that scale and flip the script, I don't see us changing any course; we're essentially stuck on this current trajectory.

While globalization has certainly succeeded in opening up the floodgates for the free movement of goods and capital, it hasn't quite delivered on its promise to level the playing field regarding business conditions or wage standards. It’s an interesting paradox to observe, really; we see this massive push for the seamless flow of products and investment across borders, yet there remains such a heavy emphasis on protecting the mobility of labor and people. I remember reading an analysis once that pointed out how much more friction exists when you try to move talent compared to moving commodities, and it feels like that imbalance still defines our modern economy.
The only people truly reaping the rewards from this entire setup are the capital owners—the ones who architected the system in the first place and, if they ever feel threatened, aren't afraid to defend their interests with hired mercenaries or actual weapons.

The other participants in this era of globalization and free markets are essentially facing two outcomes: they either see their standard of living steadily erode, or they manage to scrape by with just enough profit to barely pull themselves out of the poverty they were stuck in.

So shouldn't the solution be cutting taxes and burdens to stay competitive, rather than stripping away the purchasing power and standard of living of our own citizens?
Amanda Allen4 Amanda Allen4 Active Member
238 messages
joined Feb 2013
#190 ·
urbanotter said:It’s actually quite simple.
They’re essentially playing on consumer psychology, targeting people who are feeling the squeeze on their wallets by pushing these cheap, imported goods that honestly leave a lot to be desired when it comes to quality.

It feels like we’re stuck in a bit of a losing battle lately. When you look at our domestic manufacturers, they’re essentially fighting with one hand tied behind their backs. They are constantly weighed down by heavy taxes and a massive mountain of regulatory costs that just keep piling up. Meanwhile, we’re seeing an endless wave of imports flooding the market from countries where the tax burdens are practically nonexistent and the labor costs are a fraction of what we pay here. It makes it nearly impossible for a local business to stay competitive on price when they're playing by such different sets of rules.
When you look at the big picture, this kind of policy really guts domestic manufacturing, which inevitably leads to people losing their jobs. It’s a domino effect—once those positions vanish, the average person's purchasing power just evaporates. I’ve seen it happen in several Rust Belt cities where once-thriving industrial hubs suddenly turned into ghost towns; families who used to be self-sufficient find themselves struggling to make ends meet, often relying heavily on their parents for support or leaning on government assistance just to get by.

When you look at what trade actually means between two nations—basically the exchange of goods and services—it becomes pretty clear where we stand. Right now, our exports only account for about half of what we’re bringing in through imports. Until we can find a way to balance that scale and flip the script, I don't see us changing any course; we're essentially stuck on this current trajectory.

While globalization has certainly succeeded in opening up the floodgates for the free movement of goods and capital, it hasn't quite delivered on its promise to level the playing field regarding business conditions or wage standards. It’s an interesting paradox to observe, really; we see this massive push for the seamless flow of products and investment across borders, yet there remains such a heavy emphasis on protecting the mobility of labor and people. I remember reading an analysis once that pointed out how much more friction exists when you try to move talent compared to moving commodities, and it feels like that imbalance still defines our modern economy.
The only people truly reaping the rewards from this entire setup are the capital owners—the ones who architected the system in the first place and, if they ever feel threatened, aren't afraid to defend their interests with hired mercenaries or actual weapons.

The other participants in this era of globalization and free markets are essentially facing two outcomes: they either see their standard of living steadily erode, or they manage to scrape by with just enough profit to barely pull themselves out of the poverty they were stuck in.

So, what you're suggesting is that globalization is inherently destructive and the only solution is to pivot toward autarky? Is that really the case?
urbanotter urbanotter Regular
431 messages
joined Oct 2020
#191 ·
Harold Martin10 said:We can probably agree that the Federal Government has a mandate to oversee macroeconomic stability.

At one point, around 2001 or 2002, the government started ramping up its own debt. This fueled a rise in the standard of living, which encouraged people to take out mortgages. So, you had both the citizens and the government increasing their debt simultaneously. It created this positive feedback loop: GDP growth leads to better credit ratings, which leads to more borrowing, which drives more GDP growth. Naturally, people started assuming home prices would climb forever. Of course, a bubble like that *had* to burst eventually—and it did, simply because they ran out of new debtors to fund the ever-increasing levels of debt.

A lot of people today blame the borrowers, saying they should have watched the macro trends more closely, but that's a bit unrealistic—after all, those borrowers are essentially paying politicians through taxes to handle that oversight for them.

Others point the finger at the banks, but honestly, that's not really their job; they have to look out for themselves and protect their clients' savings.

It was the government's responsibility to monitor consumer debt and stop borrowing so heavily, which would have prevented the artificial spike in real estate prices caused by that temporary boost in living standards. Instead, the government borrowed as much as possible to intentionally pump up the GDP. And it's perfectly predictable that rising GDP and consumer confidence will trigger a real estate boom.

On top of that, once things started slowing down, the government rolled out various measures and incentives—which, while a smaller part of the issue, clearly shows their intent—to lure even more people into taking out loans just to keep the GDP and living standards afloat until the next election cycle.

That's why I maintain that having no regulation at all is often better than having regulation that moves in the wrong direction.

The Federal Government has a much broader mandate than just looking after macroeconomic policy. It’s easy to get caught up in the numbers—interest rates, inflation, GDP—but when you really step back and look at how society functions, you realize their responsibilities stretch far beyond those narrow indicators. I remember reading an old essay about the scope of governance, and it struck me how often we try to reduce the entire role of the state to a simple spreadsheet. In reality, the government's reach touches so many different facets of our lives, and its purpose isn't limited to just managing the flow of money through the economy.
The Federal Government tends to step in and attempt to regulate every single interaction and rule within our society.

I was sitting there thinking about how much weight we put on certain economic theories, and it really makes you wonder if we’re looking at the full picture. It reminds me of a conversation I had once while grabbing coffee in Seattle, where we discussed how often people lean on established names without questioning the underlying logic. When you look at the way different fiscal policies interact with the current landscape, it feels like we are constantly trying to balance competing ideologies that don't always play nice together in the real world.
I remember looking back at the data from around the early 2000s, and it’s clear that the Federal Government began ramping up its borrowing at a massive scale. This sudden influx of liquidity essentially fueled a surge in the standard of living, which in turn encouraged everyday Americans to take out heavy mortgages to buy homes. It was this strange, synchronized moment where both the government and the private citizens were simultaneously stacking up debt. We entered this feedback loop—a sort of artificial positive spiral where GDP growth led to higher credit ratings, which then allowed for even more borrowing, which supposedly drove even more GDP growth. Of course, the psychological fallout from all this was that people started believing the myth that real estate prices would just climb forever. But, as anyone who follows market cycles knows, a bubble like that has to burst eventually. In our case, the whole thing finally collapsed simply because we ran out of new debtors to fund the ever-increasing levels of debt.

There’s this common sentiment floating around lately where people blame debtors, arguing they should have been more vigilant about the macro situation before signing on the dotted line. But if you really think about it, that expectation just isn't realistic. Most of these individuals are essentially paying politicians out of their own pockets to handle those high-level economic decisions on their behalf, so expecting them to be experts in global market trends is asking far too much.

People love to point the finger at banks whenever things go sideways, but I honestly don't think that's fair. It’s not really the bank's responsibility to manage your life for you; at the end of the day, individuals have to take charge of their own financial futures and be diligent about protecting their own savings. I remember back when I was first starting out with my own accounts, I spent way too much time worrying about market fluctuations instead of just building a solid personal safety net, and it taught me that you can't always rely on an institution to look out for your best interests. Ultimately, we all have to be our own best advocates when it comes to our money.

The Federal Government really should have been looking out for the average citizen’s debt levels instead of constantly piling on more borrowing themselves; if they had just exercised some restraint, they might have prevented the massive spike in real estate prices we've all been feeling lately. It feels like that housing boom was essentially a byproduct of a temporary rise in living standards, yet rather than stabilizing things, the Federal Government seemed intent on borrowing as much as humanly possible just to artificially inflate the GDP. I remember watching similar patterns during certain economic shifts in my own life, where everything felt inflated for a moment before the reality set in, and it seems perfectly logical that this forced surge in GDP and consumer confidence would inevitably trigger such an aggressive real estate bubble.

On top of that, once things started losing momentum, the Federal Government stepped in with various measures and incentives—which I see as only a small part of the larger issue, though it certainly reveals their true intentions. It felt like they were just trying to trick more people into taking out new loans, all in a desperate attempt to prop up the GDP and maintain the illusion of a stable standard of living until the next election cycle rolls around.
It’s hard to believe that simply increasing debt levels and pushing for higher living standards is what actually gave people the ability to take on all this credit in the first place. I remember watching my own family struggle through the late nineties, trying to balance the books while everything seemed to be getting more expensive by the day, and it really makes you realize how much of our modern lifestyle is built on these shifting economic sands.
At the end of the day, banks are just participants in the market, and they ought to have the autonomy to decide exactly who qualifies for a loan and who doesn't. I’ve always felt that financial institutions possess a level of expertise regarding risk assessment that the average person simply can't match. They have the data, the analytical tools, and the specialized training to evaluate creditworthiness far more effectively than any individual citizen could. It's really their responsibility to vet applicants properly to ensure that the capital actually makes its way back to them.
They were just as much a part of this whole economic bubble as the everyday citizens who kept taking out loans right up to their breaking point, never really stopping to consider that things might not always go according to plan. I remember watching people in my own neighborhood during the housing boom, so caught up in the excitement of easy credit that they completely ignored the possibility of a downturn. It was a shared responsibility, really—both those at the top and the families on the ground who assumed the good times would last forever.
I think we all bear some level of responsibility for how things turned out, but I have to agree that the Federal Government bears the brunt of it. When you have a government that insists on intervening in every single aspect of life and regulating everything in sight, you inevitably end up in the exact situation we find ourselves in today. It reminds me of those times when I used to watch local policy debates back home; there’s always this creeping sense that if the authorities just stepped back and let things breathe, half these problems would solve themselves. But instead, we get more oversight, more red tape, and eventually, this kind of systemic stagnation.
It seems almost too obvious to ignore the deep-seated connection between big business and the Federal Government, as everything appears to have unfolded strictly according to their own agendas. While the major banks and massive corporations aren't facing any real existential threats—aside from perhaps seeing a slight dip in their quarterly profits—it’s the everyday citizens who end up footing the bill. Most people don't have the specialized expertise to navigate these complex economic shifts, yet they are the ones left bearing the brunt of collective failures and misguided policy decisions.

That’s exactly why I’ve always maintained that it’s far better to have no regulation at all than to be saddled with regulations that are fundamentally flawed or heading in the wrong direction. I remember watching certain local policy debates back in my hometown, where well-intentioned officials tried to fix a small issue but ended up creating a massive bureaucratic bottleneck that stifled every small business on the block. It’s much more efficient to let things breathe naturally than to implement a set of rules that actually makes the situation worse.

I’ve always felt that you can't have a functioning society or even a cohesive community without some level of regulation and established rules to guide us; even if you look at a pack of animals in the wild, there's an inherent structure they follow, so it only makes sense that a human community would require something similar to keep everything from falling into chaos.
I’ve often found myself reflecting on how fragile our social fabric can be when left entirely to its own devices. Without some semblance of regulation and established rules, we wouldn't just face chaos; we would likely descend into a state of pure anarchy where society essentially consumes itself from the inside out. I remember watching local community disputes escalate simply because there was no clear framework to resolve them, and it really drives home the point that structure is necessary. Because of this, I truly believe that having regulations in place—even if they are imperfect or occasionally flawed—is far better than having no oversight at all. The goal, of course, should always be a continuous, deliberate effort to refine those rules so they eventually serve the best interests of everyone involved.
driftingjackal5 driftingjackal5 MemberOP
24 messages
joined Jan 2013
#192 ·
urbanotter said:It’s actually quite simple.
They’re essentially playing on consumer psychology, targeting people who are feeling the squeeze on their wallets by pushing these cheap, imported goods that honestly leave a lot to be desired when it comes to quality.

It feels like we’re stuck in a bit of a losing battle lately. When you look at our domestic manufacturers, they’re essentially fighting with one hand tied behind their backs. They are constantly weighed down by heavy taxes and a massive mountain of regulatory costs that just keep piling up. Meanwhile, we’re seeing an endless wave of imports flooding the market from countries where the tax burdens are practically nonexistent and the labor costs are a fraction of what we pay here. It makes it nearly impossible for a local business to stay competitive on price when they're playing by such different sets of rules.
When you look at the big picture, this kind of policy really guts domestic manufacturing, which inevitably leads to people losing their jobs. It’s a domino effect—once those positions vanish, the average person's purchasing power just evaporates. I’ve seen it happen in several Rust Belt cities where once-thriving industrial hubs suddenly turned into ghost towns; families who used to be self-sufficient find themselves struggling to make ends meet, often relying heavily on their parents for support or leaning on government assistance just to get by.

When you look at what trade actually means between two nations—basically the exchange of goods and services—it becomes pretty clear where we stand. Right now, our exports only account for about half of what we’re bringing in through imports. Until we can find a way to balance that scale and flip the script, I don't see us changing any course; we're essentially stuck on this current trajectory.

While globalization has certainly succeeded in opening up the floodgates for the free movement of goods and capital, it hasn't quite delivered on its promise to level the playing field regarding business conditions or wage standards. It’s an interesting paradox to observe, really; we see this massive push for the seamless flow of products and investment across borders, yet there remains such a heavy emphasis on protecting the mobility of labor and people. I remember reading an analysis once that pointed out how much more friction exists when you try to move talent compared to moving commodities, and it feels like that imbalance still defines our modern economy.
The only people truly reaping the rewards from this entire setup are the capital owners—the ones who architected the system in the first place and, if they ever feel threatened, aren't afraid to defend their interests with hired mercenaries or actual weapons.

The other participants in this era of globalization and free markets are essentially facing two outcomes: they either see their standard of living steadily erode, or they manage to scrape by with just enough profit to barely pull themselves out of the poverty they were stuck in.

Your explanation just proves you don't have a clue about basic economics—stuff like comparative and absolute advantage, or how specialization drives progress and innovation. Seriously, go look up "comparative advantage" before you try to have an informed discussion with me. By the way, even Adam Smith talked about this, so it's pretty obvious you don't understand the "capitalism" you hate so much.

Cheap labor isn't the only comparative advantage a manufacturer can use to compete. Automation, specialization, and innovation matter way more. Basically, if someone can make something better and cheaper than you, it makes sense to import it instead of making it yourself. Same logic applies to you—if you specialize in something else and can produce it better and cheaper than anyone else, then you'll be able to export. At the end of the day, consumers always win.

You're right about one thing, though—"domestic manufacturing, burdened by taxes and fees, cannot price-compete with imports from countries where business is done with far lower taxes and levies." That’s exactly the problem. The fix isn't slamming the borders shut against foreign products (that just hits the American consumer with higher prices)—it's significantly slashing the tax burden so anyone would actually bother producing something in America. It doesn't mean quality and competitiveness happen overnight—building a successful business takes years—but without cutting those taxes, it’s never happening. "Closing borders" and "high tariffs" aren't just primitive mercantilism; they run directly counter to the policy the Federal Government has been pushing for decades to join organizations based on eliminating tariffs and promoting free trade.
urbanotter urbanotter Regular
431 messages
joined Oct 2020
#193 ·
Amanda Allen4 said:So, what you're suggesting is that globalization is inherently destructive and the only solution is to pivot toward autarky? Is that really the case?

That feels like a bit of a stretch and a way to troll the conversation,😉

The concept of globalization as we know it is really only about thirty years old, yet nations and societies were making significant strides long before it became the norm.

At its core, the Federal Government should be looking out for its own people and prioritizing the interests of its citizens, rather than blindly accepting whatever foreign entities propose if those proposals end up hurting our own communities.

In my view, this era of intense globalization and "market liberalization" has caused far more harm than good. You can see the evidence everywhere—from the steady decline of domestic manufacturing and growing trade deficits to skyrocketing national debt and a general drop in the standard of living. There’s simply no way to reverse these trends without a fundamental shift in our economic policy.
urbanotter urbanotter Regular
431 messages
joined Oct 2020
#194 ·

driftingjackal5 said:Your explanation just proves you don't have a clue about basic economics—stuff like comparative and absolute advantage, or how specialization drives progress and innovation. Seriously, go look up "comparative advantage" before you try to have an informed discussion with me. By the way, even Adam Smith talked about this, so it's pretty obvious you don't understand the "capitalism" you hate so much.

Cheap labor isn't the only comparative advantage a manufacturer can use to compete. Automation, specialization, and innovation matter way more. Basically, if someone can make something better and cheaper than you, it makes sense to import it instead of making it yourself. Same logic applies to you—if you specialize in something else and can produce it better and cheaper than anyone else, then you'll be able to export. At the end of the day, consumers always win.

You're right about one thing, though—"domestic manufacturing, burdened by taxes and fees, cannot price-compete with imports from countries where business is done with far lower taxes and levies." That’s exactly the problem. The fix isn't slamming the borders shut against foreign products (that just hits the American consumer with higher prices)—it's significantly slashing the tax burden so anyone would actually bother producing something in America. It doesn't mean quality and competitiveness happen overnight—building a successful business takes years—but without cutting those taxes, it’s never happening. "Closing borders" and "high tariffs" aren't just primitive mercantilism; they run directly counter to the policy the Federal Government has been pushing for decades to join organizations based on eliminating tariffs and promoting free trade.

It feels like all these followers and devotees of guys like Adam Smith and Milton Friedman are ultimately the ones who steered us right into this mess we're in today.
At the end of the day, what really matters is that you possess such a deep well of knowledge, even if that expertise has left us navigating a situation where an exit strategy feels almost impossible to find.
Low labor costs aren't the only way a manufacturer can hold their own against the competition. In my experience, much more critical factors like automation, niche specialization, and constant innovation tend to drive the real value. To put it simply, if someone else out there can manufacture a product both cheaper and better than you can, then it actually makes sense to import that item rather than wasting resources trying to build it domestically. Following that same logic, if you can pivot to specialize in a different area where you can produce goods more efficiently and with higher quality than your rivals, you’ll find yourself in a great position to export. At the end of the day, the consumer is always the one who comes out on top.

It feels like we've been stuck listening to the same theoretical mantras, recycled logic, and empty demagoguery for twenty years now. It’s a cycle that never yields actual results, and honestly, it's exactly why we find ourselves in such a massive mess—to borrow a phrase from that former thief who used to run the show as Prime Minister.

You’ve hit on a crucial point there—local manufacturers, absolutely crushed by heavy taxes and regulatory burdens, simply can't compete on price with imports from countries where the tax overhead is a fraction of what we deal with here. That really is the heart of the issue. I don't think the answer lies in slamming our borders shut against foreign goods, because that just ends up punishing the American consumer with higher prices at the checkout counter. Instead, the real fix is a massive reduction in the tax burden; otherwise, nobody is going to find it worthwhile to actually build anything on American soil. Of course, quality and global competitiveness don't just appear overnight—building a truly successful business takes years of grit and investment—but without cutting those taxes, that progress will never happen. Relying on "closed borders" or "high tariffs" isn't just a primitive form of mercantilism; it also flies in the face of the very economic policies the Federal Government has been pursuing for decades as we've worked to integrate into a global system built on free trade and the removal of customs barriers.

It feels like I’m just listening to the same broken record over and over again. Honestly, I’ve been hearing this exact same lamentation for twenty years now, and yet, I don't see any actual progress being made. If anything, it feels like we’re just sliding backward.
To be honest, I find myself leaning toward a much more straightforward, almost primitive approach to politics—one that focuses on establishing truly equal trade relations between nations. I would take that over our current system any day. The way things are running right now feels like it’s actively working against the interests of our community, serving only to line the pockets of a tiny handful of individuals while the rest of us are left to deal with the fallout.
Are you honestly trying to suggest that the economic policies of the American government are actually working, or that we’ve become a successful nation with a bright outlook for the future?

If that’s really how you see things, then I think you might be missing the bigger picture here. You seem to be overlooking the harsh reality of our current situation and where we're headed, a point that our honorable Secretary of the Treasury actually conceded quite candidly during his address this evening.

I can't help but feel that our current political landscape is steering us toward a sort of "elite league," where prosperity and profit seem reserved exclusively for those at the very top. It feels like we’re watching a system designed to benefit the heavy hitters while everyone else—those who share similar struggles or simply want a fair shot—gets left behind. Even after years of trying to navigate these waters, so many people find themselves stuck in the same cycle of hardship and instability, never quite reaching that level playing field we were promised. It reminds me of a few years back when I was struggling to get a small business off the ground; no matter how hard I worked, the systemic hurdles felt insurmountable compared to the giants in the industry. We just seem to be spinning our wheels while the powerful continue to pull ahead.
driftingjackal5 driftingjackal5 MemberOP
24 messages
joined Jan 2013
#195 ·
urbanotter said:It feels like all these followers and devotees of guys like Adam Smith and Milton Friedman are ultimately the ones who steered us right into this mess we're in today.
At the end of the day, what really matters is that you possess such a deep well of knowledge, even if that expertise has left us navigating a situation where an exit strategy feels almost impossible to find.
Low labor costs aren't the only way a manufacturer can hold their own against the competition. In my experience, much more critical factors like automation, niche specialization, and constant innovation tend to drive the real value. To put it simply, if someone else out there can manufacture a product both cheaper and better than you can, then it actually makes sense to import that item rather than wasting resources trying to build it domestically. Following that same logic, if you can pivot to specialize in a different area where you can produce goods more efficiently and with higher quality than your rivals, you’ll find yourself in a great position to export. At the end of the day, the consumer is always the one who comes out on top.

It feels like we've been stuck listening to the same theoretical mantras, recycled logic, and empty demagoguery for twenty years now. It’s a cycle that never yields actual results, and honestly, it's exactly why we find ourselves in such a massive mess—to borrow a phrase from that former thief who used to run the show as Prime Minister.

You’ve hit on a crucial point there—local manufacturers, absolutely crushed by heavy taxes and regulatory burdens, simply can't compete on price with imports from countries where the tax overhead is a fraction of what we deal with here. That really is the heart of the issue. I don't think the answer lies in slamming our borders shut against foreign goods, because that just ends up punishing the American consumer with higher prices at the checkout counter. Instead, the real fix is a massive reduction in the tax burden; otherwise, nobody is going to find it worthwhile to actually build anything on American soil. Of course, quality and global competitiveness don't just appear overnight—building a truly successful business takes years of grit and investment—but without cutting those taxes, that progress will never happen. Relying on "closed borders" or "high tariffs" isn't just a primitive form of mercantilism; it also flies in the face of the very economic policies the Federal Government has been pursuing for decades as we've worked to integrate into a global system built on free trade and the removal of customs barriers.

It feels like I’m just listening to the same broken record over and over again. Honestly, I’ve been hearing this exact same lamentation for twenty years now, and yet, I don't see any actual progress being made. If anything, it feels like we’re just sliding backward.
To be honest, I find myself leaning toward a much more straightforward, almost primitive approach to politics—one that focuses on establishing truly equal trade relations between nations. I would take that over our current system any day. The way things are running right now feels like it’s actively working against the interests of our community, serving only to line the pockets of a tiny handful of individuals while the rest of us are left to deal with the fallout.
Are you honestly trying to suggest that the economic policies of the American government are actually working, or that we’ve become a successful nation with a bright outlook for the future?

If that’s really how you see things, then I think you might be missing the bigger picture here. You seem to be overlooking the harsh reality of our current situation and where we're headed, a point that our honorable Secretary of the Treasury actually conceded quite candidly during his address this evening.

I can't help but feel that our current political landscape is steering us toward a sort of "elite league," where prosperity and profit seem reserved exclusively for those at the very top. It feels like we’re watching a system designed to benefit the heavy hitters while everyone else—those who share similar struggles or simply want a fair shot—gets left behind. Even after years of trying to navigate these waters, so many people find themselves stuck in the same cycle of hardship and instability, never quite reaching that level playing field we were promised. It reminds me of a few years back when I was struggling to get a small business off the ground; no matter how hard I worked, the systemic hurdles felt insurmountable compared to the giants in the industry. We just seem to be spinning our wheels while the powerful continue to pull ahead.

How do you even have the nerve to claim that American politics and the economy over the last 20 years look anything like what could be called "capitalism" or "free enterprise"? It's blindingly obvious to me that you're just a run-of-the-mill populist demagogue—a total economic illiterate who couldn't explain something as basic as supply and demand without looking at Wikipedia, let alone any advanced economic theory or paradigm. Like Murray Rothbard once wrote: "It is not a crime to be ignorant of economics, which is, ultimately, a specialized discipline that most people consider a 'dull science.' But it is entirely irresponsible to hold loud and reckless opinions on economic concepts while still in that state of ignorance."

Enough with the off-topic rambling... I'm asking you nicely to stop commenting if you don't have anything intelligent to contribute to the THREAD.
Kimberly Cox59 Kimberly Cox59 Member
40 messages
joined Jun 2012
#196 ·
Zagorec88 said:The bottom line is that anarcho-capitalism—and honestly, just how the world works today—allows people to team up whenever they want. You can start your own factories, set up farming cooperatives, or just live life on your own terms. I guess that kind of thing would happen in an anarcho-capitalist system too, so you could basically do anything you’d be able to do under anarcho-communism. Maybe.

I don't know, that just sounds like a total utopia to me... I mean, look at how things are now. There’s already way too much capital concentrated in the hands of a tiny group of people, so they’re starting out at such a massive advantage compared to everyone else. Anarcho-capitalism might actually be fair if we could all just hit the reset button—you know, start from scratch, basically from nothing. Then maybe everyone would be on a level playing field, and everything would really just come down to an individual's talent or how clever they are. But honestly? Even if we did that, I guess things would just slide back to the current status quo after a single generation. You'd end up with a new generation born into poverty with zero real shot at succeeding. It just seems impossible if you actually care about individual freedom.

So, I guess the main difference comes down to what I've picked up from talking to some other communists out there. Apparently, in anarcho-communism, you aren't actually allowed to work for your own benefit, trade for profit, or even hire people. It’s like, totally forbidden to enter into any kind of agreement where all parties actually agree on the terms. You know what I mean?

It’s not like there’s some rule against hiring people, right? I mean, how else would factories even run? It just wouldn't work. 🤷
The only real difference is that you wouldn't have individual bosses hiring new people anymore. Instead, it would be these worker councils handling the recruitment. And hey, trade isn't actually banned—at least not in anarchism. That's a totally different story when you're talking about state socialism. The whole system is built on exchanging goods without using money. As for working... well, communism is all about the labor, I guess.

I get where you're coming from—it feels pretty unfair that an individual isn't allowed to hire people on a large scale. I mean, sure, small businesses are a different story, but scaling up? Not so much. But then again, in a communist system, an individual wouldn't even be able to accumulate any kind of capital anyway, because there just isn't any money to go around, and all those material goods are supposedly available to everyone equally. I guess that's just how it works.

Look, on the flip side, in an anarcho-capitalist setup, you’ve got these successful individuals who can basically hire anyone who’s desperate enough to take the job just to survive. Libertarians love to chant this mantra about how those workers are "technically" free to quit and go find work somewhere else. But I guess people tend to forget that in an anarcho-capitalist world, there aren't any federal laws setting a minimum wage or guaranteeing social safety nets. Everything is up to the employer. So, what does that actually mean? Well, it means an employer is only going to pick the folks willing to work for absolute peanuts, while everyone else just sits around. It doesn't really leave much of a choice, does it? You either take a tiny, pathetic paycheck, or you don't work at all and end up starving. Either way, I don't see much room for success there. Maybe I'm wrong, but it seems pretty bleak.
So, I was thinking about why anarcho-capitalism isn't actually a libertarian ideology... I mean, maybe I'm wrong, but it feels like there's a huge distinction there that people often miss. It’s such a tricky thing to wrap your head around sometimes.

How can anarcho-communism even work without eventually sliding back into a market economy? I mean, someone is always going to step up—someone who’s just a bit sharper or has some super niche skill set—and they'll naturally start demanding more in exchange for what they bring to the table. It seems almost inevitable, I guess.

So, look, anarchism isn't actually trying to kill off trade or anything. It totally relies on it, actually. But, I guess if someone gets greedy and starts demanding more than their fair share, you run into two big problems—well, at least from their perspective:
1) I mean, he already has access to tons of everything, so asking for more just seems like pure greed and arrogance, if you ask me.
2) If he keeps pushing for more, society will eventually step in and stop him. At the end of the day, he relies on everyone else just as much as they rely on him. Someone provides his food, someone makes his clothes, someone pumps his gas, someone builds his house, and yeah, someone has to fix the plumbing too. No matter how important people think he is, he isn't any more vital than anyone else out there.

If workers were to take over factories, that would basically be stealing property from shareholders and owners.

But then again, those owners have been exploiting the workers—who there are way more of, by the way—for years. So, the owners would just be forced to live in a society where their own lifestyle might dip a little, while the general standard of living for everyone else actually goes up quite a bit.

So, anarcho-communism involves force and prohibitions, whereas anarcho-capitalism is based on mutual consent, property rights, and the non-aggression principle. That’s just how it looks from a libertarian perspective.

I guess the other one is anarcho-capitalism 😁?

Overall, I don't think anarcho-communism uses "prohibitions" per se; it's more about just getting rid of the current setup, from the cultural stuff to the economic side. Since money wouldn't exist, nobody could ever end up in the situation you're describing because, well, it would just be impossible. And mutual consent is huge in anarcho-communism since it’s all built on direct democracy.

Then again, maybe anarcho-capitalism relies on force too. It’s just not direct force like "do this or get shot," but more indirect, like, "you don't have to work for me, but every other employer has the same rules, so your choice: work for this wage or starve on the street." I mean, sure, everyone has the "right" to go hungry, right?...
Also, anarcho-capitalism has some pretty big practical holes, like the whole issue of independent courts, which driftingjackal5 always seems to dodge when asked.
Kimberly Cox59 Kimberly Cox59 Member
40 messages
joined Jun 2012
#197 ·
driftingjackal5 said:I mean, seriously, how can you even have the nerve to claim that American politics and the economy over the last 20 years actually look anything like what we'd call "capitalism" or "free enterprise"?

Wait, why not? I guess if money is being used as a tool to grab power, then yeah, it's capitalism. It isn't anarcho-capitalism—thank God for small mercies—but it's definitely capitalism.
So, walk me through it... why wouldn't you say this system isn't capitalism...
Charles Lopez3 Charles Lopez3 Active Member
149 messages
joined Apr 2013
#198 ·
driftingjackal5 said:

How do you even have the nerve to claim that American politics and the economy over the last 20 years look anything like what could be called "capitalism" or "free enterprise"? It's blindingly obvious to me that you're just a run-of-the-mill populist demagogue—a total economic illiterate who couldn't explain something as basic as supply and demand without looking at Wikipedia, let alone any advanced economic theory or paradigm. Like Murray Rothbard once wrote: "It is not a crime to be ignorant of economics, which is, ultimately, a specialized discipline that most people consider a 'dull science.' But it is entirely irresponsible to hold loud and reckless opinions on economic concepts while still in that state of ignorance."

Enough with the off-topic rambling... I'm asking you nicely to stop commenting if you don't have anything intelligent to contribute to the THREAD.
How do you even have the nerve to claim that American politics and the economy over the last 20 years look anything like what could be called "capitalism" or "free enterprise"? It's blindingly obvious to me that you're just a run-of-the-mill populist demagogue—a total economic illiterate who couldn't explain something as basic as supply and demand without looking at Wikipedia, let alone any advanced economic theory or paradigm. Like Murray Rothbard once wrote: "It is not a crime to be ignorant of economics, which is, ultimately, a specialized discipline that most people consider a 'dull science.' But it is entirely irresponsible to hold loud and reckless opinions on economic concepts while still in that state of ignorance."

Enough with the off-topic rambling... I'm asking you nicely to stop commenting if you don't have anything intelligent to contribute to the THREAD.
We really appreciate your silence up until now.
The floor is yours.😁
urbanotter urbanotter Regular
431 messages
joined Oct 2020
#199 ·
driftingjackal5 said:

How do you even have the nerve to claim that American politics and the economy over the last 20 years look anything like what could be called "capitalism" or "free enterprise"? It's blindingly obvious to me that you're just a run-of-the-mill populist demagogue—a total economic illiterate who couldn't explain something as basic as supply and demand without looking at Wikipedia, let alone any advanced economic theory or paradigm. Like Murray Rothbard once wrote: "It is not a crime to be ignorant of economics, which is, ultimately, a specialized discipline that most people consider a 'dull science.' But it is entirely irresponsible to hold loud and reckless opinions on economic concepts while still in that state of ignorance."

Enough with the off-topic rambling... I'm asking you nicely to stop commenting if you don't have anything intelligent to contribute to the THREAD.
How do you even have the nerve to claim that American politics and the economy over the last 20 years look anything like what could be called "capitalism" or "free enterprise"? It's blindingly obvious to me that you're just a run-of-the-mill populist demagogue—a total economic illiterate who couldn't explain something as basic as supply and demand without looking at Wikipedia, let alone any advanced economic theory or paradigm. Like Murray Rothbard once wrote: "It is not a crime to be ignorant of economics, which is, ultimately, a specialized discipline that most people consider a 'dull science.' But it is entirely irresponsible to hold loud and reckless opinions on economic concepts while still in that state of ignorance."

Enough with the off-topic rambling... I'm asking you nicely to stop commenting if you don't have anything intelligent to contribute to the THREAD.
I’m genuinely surprised you have the audacity to label someone an ignoramus and resort to ad hominem attacks, chanting theories and demagoguery without providing a single shred of actual argument or economic evidence.
Spare me the lectures and try proving me wrong using hard facts and indicators instead.
It isn't just irresponsible; it is actively harmful to advocate for policies that prove themselves more damaging by the day, dragging us deeper into systemic issues that will become impossible to escape unless we wake up and face the reality of our situation.

In recent years, we have explicitly declared ourselves a nation whose social order is built upon private property and free market entrepreneurship.
That is written in black and white right there in the Constitution, so all your fantasies and opinions claiming this isn't capitalism are essentially meaningless.

You’re drifting off-topic just as much as I am, and since you haven't said anything intelligent—other than spreading demagoguery about things that simply don't exist—it would be best if you stopped commenting altogether.
The other members of this forum are noticing it too, and you're just going to end up drawing sanctions from the moderators, which, frankly, they would have plenty of reason to do.
That's just my take, because at this point, I see no hope of clearing anyone's delusions.☕
urbanotter urbanotter Regular
431 messages
joined Oct 2020
#200 ·
Charles Lopez3 said:How do you even have the nerve to claim that American politics and the economy over the last 20 years look anything like what could be called "capitalism" or "free enterprise"? It's blindingly obvious to me that you're just a run-of-the-mill populist demagogue—a total economic illiterate who couldn't explain something as basic as supply and demand without looking at Wikipedia, let alone any advanced economic theory or paradigm. Like Murray Rothbard once wrote: "It is not a crime to be ignorant of economics, which is, ultimately, a specialized discipline that most people consider a 'dull science.' But it is entirely irresponsible to hold loud and reckless opinions on economic concepts while still in that state of ignorance."

Enough with the off-topic rambling... I'm asking you nicely to stop commenting if you don't have anything intelligent to contribute to the THREAD.

We really appreciate your silence up until now.
The floor is yours.😁
😁
You make a fair point; this has honestly gone way too far.😢

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