1 00:00:00,400 --> 00:00:04,000 Democracy entails people who run their business as well. 2 00:00:04,200 --> 00:00:07,400 Being forced to run their businesses poorly by people who 3 00:00:07,400 --> 00:00:10,100 can't run businesses at all. Welcome to Keith's night. 4 00:00:10,100 --> 00:00:13,400 Don't tread on anyone and the libertarian Institute today. 5 00:00:13,400 --> 00:00:18,300 We today, we have Patrick of disenthrall, check out all these 6 00:00:18,300 --> 00:00:21,900 platforms, bitch, Utada, see. All of these will be in the 7 00:00:22,200 --> 00:00:24,600 description below at disenthrall dot me. 8 00:00:24,600 --> 00:00:27,400 Forward slash platforms. Patrick. 9 00:00:27,600 --> 00:00:32,500 Where is the best place to find? Find videos and your podcast 10 00:00:33,300 --> 00:00:37,500 Odyssey.com. That's ody sce.com. 11 00:00:37,500 --> 00:00:39,700 We have all of our channels there and they're all linked on 12 00:00:39,700 --> 00:00:41,500 that URL. You just gave it is a pleasure 13 00:00:41,500 --> 00:00:43,400 to talk to you again. I always look forward to these. 14 00:00:44,000 --> 00:00:45,300 Well, brother. Thank you for coming on. 15 00:00:45,300 --> 00:00:51,000 So today we have Richard Wolff, enlightening us with a, an 16 00:00:51,000 --> 00:00:54,400 alternative to the current system current system. 17 00:00:54,400 --> 00:00:58,400 A lot of negative things. He has a solution which much 18 00:00:58,400 --> 00:00:59,800 like everything else they sell us on. 19 00:01:00,200 --> 00:01:03,000 Just has benefits Healthcare should be free. 20 00:01:03,700 --> 00:01:05,300 That the fire department should be free. 21 00:01:05,400 --> 00:01:08,800 There's no downside. So it's really nice of him to 22 00:01:08,800 --> 00:01:12,700 wha show this to us. Patrick starts the video 23 00:01:12,700 --> 00:01:16,700 whenever you're ready and please stop it whenever you'd like. 24 00:01:17,200 --> 00:01:20,800 I'm sure you and I will have the same spots to was complaining. 25 00:01:21,500 --> 00:01:24,500 All right, here we go. This is Richard Wolff with 26 00:01:24,500 --> 00:01:27,600 another Econo minute. I want to talk to you. 27 00:01:27,600 --> 00:01:30,800 Briefly about economics. Accuracy. 28 00:01:31,300 --> 00:01:37,300 And the way we do business. I want to make a simple point if 29 00:01:37,300 --> 00:01:40,700 you believe in democracy, let me stop you right there. 30 00:01:43,600 --> 00:01:47,800 No, really. Yeah, the first thing that I 31 00:01:47,800 --> 00:01:49,900 want to point out, because this is going to come up again, later 32 00:01:49,900 --> 00:01:53,100 in this, very short video, is that we are conflating 33 00:01:53,100 --> 00:01:57,800 governance of a coercive institution called government, 34 00:01:57,800 --> 00:02:02,000 which in, in, in terms of the way, humans can associate, it 35 00:02:02,000 --> 00:02:07,800 should be considered like the Half stupid weird guy from up 36 00:02:07,800 --> 00:02:09,800 the road. Like, it's the worst way to 37 00:02:09,800 --> 00:02:12,400 associate with people on the list of ways to associate with 38 00:02:12,400 --> 00:02:16,800 people where he's going to compare democracy to how a 39 00:02:16,800 --> 00:02:18,500 company is run. Now. 40 00:02:19,000 --> 00:02:21,900 My defense in this video is going to be of a free market 41 00:02:21,900 --> 00:02:23,900 capitalism. Certainly not anything. 42 00:02:23,900 --> 00:02:29,800 That is in bed with that course of institution, and I don't 43 00:02:29,800 --> 00:02:34,500 appreciate the conflation of the to democracy, which is a Method 44 00:02:34,500 --> 00:02:39,600 of coercive governance and corporations, which is just sort 45 00:02:39,600 --> 00:02:41,800 of self-governing, your own resources. 46 00:02:41,900 --> 00:02:44,400 Just wanted to start there with that note. 47 00:02:44,800 --> 00:02:47,200 Well, that's the great equivocation trick. 48 00:02:47,200 --> 00:02:51,300 They say, you like democracy people being involved in things. 49 00:02:51,300 --> 00:02:52,800 So and that's what government is. 50 00:02:52,900 --> 00:02:55,200 Okay. First of all, that's wrong. 51 00:02:55,300 --> 00:02:58,000 What makes government unique, as it claims the right to rule, 52 00:02:58,600 --> 00:03:01,300 people who had hasn't contracted within a geographical area. 53 00:03:01,600 --> 00:03:04,200 And second of all, I don't know that that's inherently. 54 00:03:04,500 --> 00:03:08,500 A good thing, everyone being involved in the voting process. 55 00:03:08,700 --> 00:03:12,300 I mean what percentage of people were involved in writing 56 00:03:12,300 --> 00:03:15,700 Seinfeld a microscopic amount, but it was the greatest thing 57 00:03:15,700 --> 00:03:19,400 ever and were able to enjoy things like Seinfeld. 58 00:03:19,400 --> 00:03:21,900 What percentage of people were involved in, making this 59 00:03:21,900 --> 00:03:25,300 excellent computer that has lasted me years and I enjoy so 60 00:03:25,300 --> 00:03:28,100 much. A very microscopic amount, 61 00:03:28,500 --> 00:03:32,900 almost involuntary oligarchy, as he would call it, but there's 62 00:03:32,900 --> 00:03:35,400 nothing wrong with this. Art of specialization. 63 00:03:35,400 --> 00:03:38,700 So yes, the equivocation of people voluntarily getting 64 00:03:38,700 --> 00:03:42,000 together and voting as a mechanism of decision-making 65 00:03:42,200 --> 00:03:47,400 versus using it as a tool of, let's say a Lynch Mob or 66 00:03:47,400 --> 00:03:49,600 something like that. Well, those involve initiating 67 00:03:49,600 --> 00:03:51,600 violence so that totally different. 68 00:03:51,700 --> 00:03:57,000 Excellent point, as I suspect most of us do then, you know, it 69 00:03:57,000 --> 00:04:01,600 means basically that if you are affected by a decision, you have 70 00:04:01,600 --> 00:04:07,000 the right to participate in it. Let me stop you right there. 71 00:04:08,500 --> 00:04:13,300 This is gonna be a long I disagree with like every single 72 00:04:13,300 --> 00:04:17,500 thing comes out of this guy's, do you want to take this one 73 00:04:17,500 --> 00:04:19,100 first? No, no, please go. 74 00:04:20,100 --> 00:04:24,000 So, I think that might be the worst description of democracy 75 00:04:24,000 --> 00:04:28,500 that I've ever heard. Like, just just to be frank. 76 00:04:29,200 --> 00:04:31,500 Think about what that means. If you're affected by a 77 00:04:31,500 --> 00:04:33,900 decision, you have the right to participate in it. 78 00:04:34,100 --> 00:04:39,300 Does that mean because 50 years from now, my kid might interact 79 00:04:39,300 --> 00:04:41,500 with you differently based on how I parent today. 80 00:04:41,500 --> 00:04:45,400 That literally everyone around me has the right to participate 81 00:04:45,400 --> 00:04:48,400 in the parenting and my children, just for one example, 82 00:04:48,400 --> 00:04:52,500 but I can think of a billion that is absurd. 83 00:04:52,600 --> 00:04:55,900 That is nonsense. Just but you are you affect the 84 00:04:55,900 --> 00:04:59,600 people around you all the time? The thing that's important to 85 00:04:59,600 --> 00:05:04,000 consider when you're affecting people is their consent. 86 00:05:04,200 --> 00:05:07,200 And the property ownership involved which, you know, is a 87 00:05:07,200 --> 00:05:09,700 core issue at this guy. What do you have to say? 88 00:05:10,700 --> 00:05:16,100 So as far as getting the consent of things that affect me, maybe 89 00:05:16,100 --> 00:05:18,100 I was absent. The day we took a vote on 90 00:05:18,100 --> 00:05:20,800 whether or not he should be allowed to make this video. 91 00:05:21,000 --> 00:05:25,900 It looks like he just made this video and just decided on his 92 00:05:25,900 --> 00:05:29,900 selfish own self to engage in something, without putting it up 93 00:05:29,900 --> 00:05:32,600 to a vote and making sure it was in our greatest interest. 94 00:05:32,600 --> 00:05:35,300 Of course not. This is so Beyond ridiculous. 95 00:05:35,300 --> 00:05:38,500 Everything you do, honey. I know you're saying. 96 00:05:38,500 --> 00:05:42,300 You want to break up with me, but I get a vote in this round 97 00:05:43,000 --> 00:05:45,800 and because you have done a number of things, you're 98 00:05:45,800 --> 00:05:48,700 actually a felon and you don't get any votes. 99 00:05:48,900 --> 00:05:52,900 So you're in big trouble now. Well, the the fact that 100 00:05:52,900 --> 00:05:56,200 something affects you, I mean, what one of the biggest things 101 00:05:56,200 --> 00:06:01,600 that affects me is the number of people who want who choose to 102 00:06:01,600 --> 00:06:05,300 allocate their scarce time resources and Money to watching 103 00:06:05,300 --> 00:06:08,000 other people that negatively affects me. 104 00:06:08,000 --> 00:06:10,500 That doesn't mean I have the right to forcibly. 105 00:06:10,500 --> 00:06:14,800 Stop these people from making mutually beneficial voluntary 106 00:06:15,000 --> 00:06:17,800 exchanges. So he's not differentiating 107 00:06:17,800 --> 00:06:22,200 between what you have a right to not engage in and something that 108 00:06:22,200 --> 00:06:26,100 just affects you if I stop hanging out with the people of 109 00:06:26,100 --> 00:06:29,600 the disenthrall channel, and I only hang out with people of the 110 00:06:29,600 --> 00:06:32,600 Liberty weekly Channel. Patrick will be affected if 111 00:06:32,600 --> 00:06:34,000 you're not affected, please don't say anything. 112 00:06:34,100 --> 00:06:36,800 Thing just assume that just assume that, that's an example. 113 00:06:38,300 --> 00:06:41,300 So yes, you might be affected when people stop hanging out 114 00:06:41,300 --> 00:06:43,000 with you. That doesn't mean they have a 115 00:06:43,000 --> 00:06:46,200 right to vote you to forcibly. Stop, you from engaging in those 116 00:06:46,200 --> 00:06:48,700 things. Blockbuster was affected by 117 00:06:48,700 --> 00:06:52,900 people making a lot of people making a decision and it didn't 118 00:06:52,900 --> 00:06:56,000 have to be up to a vote. It's just voluntary decision 119 00:06:56,000 --> 00:06:58,700 making. So this is his premise, and 120 00:06:58,700 --> 00:07:01,400 since his premise is wrong, basically everything that doll 121 00:07:01,400 --> 00:07:04,000 follows is also wrong. Yeah, but it's still going to be 122 00:07:04,000 --> 00:07:06,700 fun to, you know, have some popcorn and watch it and pick it 123 00:07:06,700 --> 00:07:09,200 apart. So I loved your original example 124 00:07:09,200 --> 00:07:10,900 and you're saying look, he's making this video. 125 00:07:10,900 --> 00:07:14,100 He didn't get a vote and it's definitely affecting me because 126 00:07:14,100 --> 00:07:16,100 like I'm trying to create a world that's better for my 127 00:07:16,100 --> 00:07:19,600 children and he is actively working to create a world that I 128 00:07:19,600 --> 00:07:24,300 think is worse for my children. And I want I demand a say 129 00:07:24,400 --> 00:07:27,500 because he's affecting and, and that would also mean that 130 00:07:27,500 --> 00:07:29,800 anytime you make a post on social media and you get 131 00:07:29,800 --> 00:07:33,400 ratioed, you know, when you get more disapproval, Than approval, 132 00:07:33,400 --> 00:07:36,500 more thumbs down, type activity than thumbs up. 133 00:07:36,500 --> 00:07:39,200 That that is the collective telling you that you had no 134 00:07:39,200 --> 00:07:42,500 right to make such a post and affect them and their world in 135 00:07:42,500 --> 00:07:45,600 that way. This is this, it requires no 136 00:07:45,600 --> 00:07:48,400 further discussion because I think it's easy to see the 137 00:07:48,400 --> 00:07:51,800 absurdity on its face, you know, that's the idea about our 138 00:07:51,800 --> 00:07:54,800 political system. Since we are affected by the 139 00:07:54,800 --> 00:07:58,700 decisions, made by Mayors and senators, and governors and 140 00:07:58,700 --> 00:08:02,300 presidents. Well, we participate in their 141 00:08:02,900 --> 00:08:07,700 This by having the authority to hire and fire them to vote for 142 00:08:07,700 --> 00:08:11,800 them or to vote against them. At least we have some 143 00:08:11,900 --> 00:08:16,300 participation in the decisions, but it is not that way in 144 00:08:16,300 --> 00:08:23,300 capitalist Enterprises in those dumb, dumb, dumb story. 145 00:08:23,700 --> 00:08:29,000 A tiny group of people at the top, the owner, the management 146 00:08:29,000 --> 00:08:33,299 that the owner chooses or in a modern Corporation, the Major 147 00:08:33,299 --> 00:08:37,400 shareholders, usually, a dozen or so institutions are people 148 00:08:37,500 --> 00:08:40,600 who decide who is on the board of directors. 149 00:08:40,799 --> 00:08:44,200 That's usually 15 or 20 people and they make all the key 150 00:08:44,200 --> 00:08:47,100 decisions. They decide what to produce, how 151 00:08:47,100 --> 00:08:51,200 and where, and what to do with the products of the labor of all 152 00:08:51,200 --> 00:08:53,500 the people? And what about all the people 153 00:08:53,500 --> 00:08:57,300 who work in an Enterprise. They have no participation at 154 00:08:57,300 --> 00:08:59,800 all. You want this or do you want me 155 00:08:59,800 --> 00:09:06,800 to please start us off? So he's just flat wrong that 156 00:09:06,800 --> 00:09:10,300 every single person at a company has no participation and it's 157 00:09:10,300 --> 00:09:15,000 just this sort of enslavement to the tiny majority minority of 158 00:09:15,000 --> 00:09:18,900 people at the top. Your participation is agreeing. 159 00:09:18,900 --> 00:09:22,700 Voluntarily absent coercion to show up at the office. 160 00:09:22,700 --> 00:09:26,500 Every day. Your participation is agreeing 161 00:09:26,500 --> 00:09:29,500 to do a job. Your participation is bringing 162 00:09:29,500 --> 00:09:32,500 your skills and your training knowledge, wisdom expertise. 163 00:09:32,800 --> 00:09:37,400 To Bear every day at work. Your participation is sitting 164 00:09:37,400 --> 00:09:40,400 down at the very contentious bargaining table in the labor 165 00:09:40,400 --> 00:09:44,100 market and negotiating, your salary, negotiating your 166 00:09:44,100 --> 00:09:46,100 benefits. Negotiating, what work? 167 00:09:46,100 --> 00:09:48,000 And responsibilities you're going to take on? 168 00:09:48,200 --> 00:09:51,400 That is your participation. You do it every day. 169 00:09:51,500 --> 00:09:54,300 Just as much as every other single person from the bottom, 170 00:09:54,300 --> 00:09:57,500 to the top of a company does. Now, of course, I'm only 171 00:09:57,500 --> 00:10:00,700 defending companies that are not in bed with government here. 172 00:10:00,700 --> 00:10:02,700 I'm just going to I'm going to keep reiterating that. 173 00:10:02,900 --> 00:10:05,800 Because we're not talking about these Mega corpse that take tons 174 00:10:05,800 --> 00:10:07,300 of money from course of government. 175 00:10:07,300 --> 00:10:08,500 That's not what I'm talking about. 176 00:10:08,500 --> 00:10:12,000 I'm talking about a free voluntary, what I would call 177 00:10:12,000 --> 00:10:15,300 maybe a Libertarian or a free market laissez-faire company, 178 00:10:15,300 --> 00:10:20,600 where everybody is there consensually you, participate in 179 00:10:20,700 --> 00:10:24,200 all the decisions that affect you by showing up in continuing 180 00:10:24,200 --> 00:10:26,300 to agree, to be there. That's the first thing I wanted 181 00:10:26,300 --> 00:10:27,500 to say. What do you have to say? 182 00:10:28,300 --> 00:10:32,000 So if I had to guess, I just want to ask you and you just 183 00:10:32,000 --> 00:10:35,300 take a shot in the dark. Ark, what percentage of NBA 184 00:10:35,300 --> 00:10:38,700 players? Do you think get the vast 185 00:10:38,700 --> 00:10:42,700 majority of air time and jersey sales? 186 00:10:43,500 --> 00:10:45,500 Oh, well, it's probably a Pareto distribution. 187 00:10:45,500 --> 00:10:49,900 So 80/20, or maybe 90 10. So, 10 percent probably, it's 188 00:10:49,900 --> 00:10:54,000 probably something microscopic. Like, you know, when I was 189 00:10:54,000 --> 00:10:56,700 younger, it was like, LeBron James, Dwyane, Wade, and Kobe 190 00:10:56,700 --> 00:11:02,700 Bryant sold like 95% of the jerseys as far as singers. 191 00:11:03,000 --> 00:11:06,800 You have people like Adele and Eminem sell getting millions of 192 00:11:06,800 --> 00:11:10,600 dollars for tours. And the average singer is not 193 00:11:10,600 --> 00:11:13,700 only close to not being that wealthy. 194 00:11:13,900 --> 00:11:17,700 They play at bars for free and are sometimes not even able to 195 00:11:17,700 --> 00:11:21,900 charge, as far as podcasters go. It's something ridiculous like 196 00:11:22,000 --> 00:11:27,900 1% get 95% of the listening audience as far as actors. 197 00:11:27,900 --> 00:11:31,700 Go, Brad Pitt and Leonardo DiCaprio 20 million dollars a 198 00:11:31,708 --> 00:11:34,400 movie the average. Extra does not get that much. 199 00:11:34,500 --> 00:11:38,900 So what he's not appreciating is that this inequality is 200 00:11:38,900 --> 00:11:41,800 everywhere. It has nothing to do with the 201 00:11:41,800 --> 00:11:44,600 free market. What percentage of politicians, 202 00:11:44,600 --> 00:11:46,900 get the vast majority of air time. 203 00:11:47,200 --> 00:11:52,100 Well, AOC gets way more than I don't even know who the 204 00:11:52,108 --> 00:11:55,800 congressman of Arizona are because they just don't get as 205 00:11:55,800 --> 00:11:59,000 much influence. This genes Burnham referred to 206 00:11:59,000 --> 00:12:02,400 this as the iron law of oligarchy said, whatever social 207 00:12:02,400 --> 00:12:05,200 change. Occur, whatever happens to 208 00:12:05,200 --> 00:12:07,800 economic relations, whether property is in private, hands 209 00:12:07,800 --> 00:12:11,000 are socialized. Organization will remain and 210 00:12:11,000 --> 00:12:14,300 through organization and oligarchical Rule will be 211 00:12:14,500 --> 00:12:17,600 perpetuated. So, the example he uses is a 212 00:12:17,600 --> 00:12:20,600 union. So there's a bunch of workers 213 00:12:20,600 --> 00:12:23,900 and they form a union. Only about a third of the union 214 00:12:23,900 --> 00:12:27,300 workers, show up to the meetings and ninety-eight. 215 00:12:27,300 --> 00:12:29,800 Percent of those people are completely silent during the 216 00:12:29,800 --> 00:12:31,000 meetings. One or two. 217 00:12:31,000 --> 00:12:34,400 People are really persuasive. Of speakers, and they can rile 218 00:12:34,400 --> 00:12:37,900 people up. And so, you end up getting 1% of 219 00:12:37,900 --> 00:12:41,300 the Union making 99% of the decision. 220 00:12:41,500 --> 00:12:44,600 This is the iron law of oligarchy that happens all the 221 00:12:44,600 --> 00:12:48,000 time when people get together. One of my favorite memes ever is 222 00:12:48,500 --> 00:12:52,200 communism is about equality and there's this giant statue of 223 00:12:52,200 --> 00:12:56,000 Chairman Mao because it's what, you know, how many Chinese 224 00:12:56,000 --> 00:12:58,100 people got a statue, that big none. 225 00:12:58,100 --> 00:13:00,200 How many do you know? Commies are as powerful as 226 00:13:00,200 --> 00:13:04,800 Stalin one out of a billion, so, Yes, the inequality arguments 227 00:13:04,800 --> 00:13:08,300 completely illegitimate. Yeah. 228 00:13:08,300 --> 00:13:09,300 Yeah. The other thing I just wanted to 229 00:13:09,300 --> 00:13:13,600 mention was that there is a vast blind spot and this makes sense 230 00:13:13,600 --> 00:13:16,300 because of the Pareto distribution of people running 231 00:13:16,300 --> 00:13:18,200 companies that you were just talking about. 232 00:13:18,300 --> 00:13:21,200 There's a vast blind spot amongst at least 90% of the 233 00:13:21,200 --> 00:13:25,800 population of what it's like to sit on the other side of the, 234 00:13:25,900 --> 00:13:29,700 the of the table, in an employment competition in the 235 00:13:29,700 --> 00:13:32,800 employee, in the market for skilled labor. 236 00:13:33,700 --> 00:13:37,100 Everybody sees it from the employee side from the laborers 237 00:13:37,100 --> 00:13:40,000 side. Not from the hirer side. 238 00:13:40,200 --> 00:13:44,100 Let me tell you I have direct experience in this area. 239 00:13:44,100 --> 00:13:46,900 It is visceral. It is Cutthroat. 240 00:13:46,900 --> 00:13:53,200 It is so difficult to find higher to get them. 241 00:13:53,200 --> 00:13:56,100 And by higher I mean get them to agree to work with me and then 242 00:13:56,100 --> 00:14:00,900 retain the skilled people that you need your company's live and 243 00:14:00,900 --> 00:14:04,800 die based on your decisions and your ability to compete in the 244 00:14:04,800 --> 00:14:09,100 labor market. It's not Just this top-down 245 00:14:09,100 --> 00:14:12,200 Emperor hat that you put on and you just you know, you said 246 00:14:12,200 --> 00:14:18,200 well, it's time to hire someone. So let you know 45 fill the room 247 00:14:18,200 --> 00:14:21,700 with 1,000 of the worker slaves. And you know, I'll just pick a 248 00:14:21,708 --> 00:14:25,700 few of the lucky ones that is basically the opposite of how it 249 00:14:25,700 --> 00:14:27,500 works. You put out advertisements. 250 00:14:27,500 --> 00:14:33,000 You pay people to find to find the skilled labor laborers, that 251 00:14:33,000 --> 00:14:35,800 you need with good resumes with good track records. 252 00:14:36,100 --> 00:14:39,500 Because there's there's some There's no Bad actors out there 253 00:14:39,500 --> 00:14:42,900 and people that lie on their resumes and I'm all of this is 254 00:14:42,900 --> 00:14:46,600 to say that as difficult as it is on the laborer side. 255 00:14:46,600 --> 00:14:51,700 It is, I'll just say to be fair equally as difficult on the 256 00:14:51,700 --> 00:14:55,200 hiring side of the table except that on the hiring side of the 257 00:14:55,200 --> 00:14:58,000 table, you have the added pressure of being responsible 258 00:14:58,100 --> 00:15:02,900 for the incomes jobs, Healthcare retirement, plans of hundreds of 259 00:15:02,900 --> 00:15:07,300 people, instead of just you yourself by yourself in and of 260 00:15:07,300 --> 00:15:11,000 yourself, Self just something to think about one of my friends 261 00:15:11,000 --> 00:15:14,700 said, he was so glad when he saved up enough money to start 262 00:15:14,700 --> 00:15:17,700 his own business, this way. He would never have a boss 263 00:15:17,700 --> 00:15:19,800 again. He'd be liberated from having a 264 00:15:19,800 --> 00:15:23,200 boss and then started his own company only to find out that 265 00:15:23,200 --> 00:15:25,900 every customer was an individual boss. 266 00:15:26,000 --> 00:15:28,800 And it was way worse than just having one boss. 267 00:15:28,800 --> 00:15:32,100 He had to please this one which was completely contradictory 268 00:15:32,100 --> 00:15:36,200 with what this person wanted. This was a landscaping 269 00:15:36,200 --> 00:15:38,500 organization. So just You things that come to 270 00:15:38,500 --> 00:15:40,800 mind because I think this is really important. 271 00:15:41,000 --> 00:15:43,500 If you're trying to divide people and you just say these 272 00:15:43,500 --> 00:15:47,000 people do all the work and and they get very little these 273 00:15:47,000 --> 00:15:48,600 people do no work and they get a ton. 274 00:15:48,900 --> 00:15:51,800 That's so divisive because it's not the reality at all. 275 00:15:52,100 --> 00:15:55,500 So what business owners and entrepreneurs generally do is 276 00:15:55,900 --> 00:15:57,800 come up with an idea of what to sell. 277 00:15:58,200 --> 00:16:02,100 That is extremely difficult. It does, if it's not difficult, 278 00:16:02,100 --> 00:16:04,800 just mention all your billion dollar ideas in the comments so 279 00:16:04,800 --> 00:16:06,800 I could have them. Thank you very much. 280 00:16:06,900 --> 00:16:09,300 Ray, start. Up Capital Market to customers, 281 00:16:09,300 --> 00:16:13,800 find a place to store the goods. Hire, good employees arranged 282 00:16:13,800 --> 00:16:17,600 for shipments risk, money risk, and spend time your most 283 00:16:17,600 --> 00:16:20,100 valuable resource on the planet and all the time. 284 00:16:20,100 --> 00:16:23,000 You spend making phone calls, networking trying to arrange 285 00:16:23,000 --> 00:16:28,000 payments Etc. So yeah, I mean, what else do 286 00:16:28,000 --> 00:16:31,900 business owners do that? The status of the world, don't 287 00:16:32,100 --> 00:16:38,800 don't appreciate the, they just don't understand the The risk 288 00:16:38,800 --> 00:16:43,400 and of your entire life. So like you work for maybe 25 289 00:16:43,400 --> 00:16:46,100 years to finally get up enough resources to hire. 290 00:16:46,100 --> 00:16:50,900 Some people, to try this idea that you merely think will be 291 00:16:50,900 --> 00:16:54,200 the one successful one that will go somewhere in the market and 292 00:16:54,200 --> 00:16:56,800 you risk everything. Some people even mortgage and 293 00:16:56,800 --> 00:17:00,300 double mortgage their houses to get enough funds to actually try 294 00:17:00,300 --> 00:17:02,600 out an idea in the marketplace, to hire, a few people to get 295 00:17:02,600 --> 00:17:07,000 something done and look like 95% Give it enough time. 296 00:17:07,099 --> 00:17:10,700 I'm all companies fail. So there's that all companies 297 00:17:10,700 --> 00:17:13,300 much like human lives are destined to end. 298 00:17:13,300 --> 00:17:17,099 But even in the short term even in the 50-year 100 Year span 299 00:17:17,300 --> 00:17:21,500 ninety-five percent of companies fail, 95% of people that try and 300 00:17:21,500 --> 00:17:25,000 start these things and Risk Everything failed, they still 301 00:17:25,000 --> 00:17:31,100 fail and it's not this. This one-sided top-down tiny 302 00:17:31,100 --> 00:17:34,800 minority, making decisions and lure during lording over 303 00:17:34,800 --> 00:17:37,000 everyone. That is such. 304 00:17:37,400 --> 00:17:39,200 You said it, but you just said it sad. 305 00:17:39,200 --> 00:17:43,800 If it's meant to divide people, to classify people into groups 306 00:17:43,800 --> 00:17:47,700 to other people, so that you can then hate them. 307 00:17:48,600 --> 00:17:51,000 This is grifting. This whole ideology. 308 00:17:51,000 --> 00:17:54,000 I may be as it may be. I'm overstating my case to say, 309 00:17:54,000 --> 00:17:58,100 so is grifting. It's dividing people hating 310 00:17:58,100 --> 00:18:00,900 people and then profiting, either through social or 311 00:18:00,900 --> 00:18:05,300 monetary power from the the mess that you stir up. 312 00:18:06,100 --> 00:18:09,200 That's a pretty big point, that a lot of that, a lot of these 313 00:18:09,200 --> 00:18:12,700 places go out of business. So the idea that they have all 314 00:18:12,700 --> 00:18:16,400 the power, so they have all the power and then just choose to go 315 00:18:16,500 --> 00:18:19,900 out of business. I looked up the Fortune, 500 316 00:18:19,900 --> 00:18:26,100 companies in 1955, and it said in 1955 and 2016, only 60 of 317 00:18:26,100 --> 00:18:30,300 these companies were in The Fortune 500 in both years. 318 00:18:30,300 --> 00:18:32,500 So there's even among the biggest companies, there's 319 00:18:32,500 --> 00:18:36,600 constant turnover because people have options and There's, you 320 00:18:36,608 --> 00:18:40,100 know, other people entering the market, not to mention there 321 00:18:40,100 --> 00:18:42,800 would be even fewer because there wouldn't be so many 322 00:18:42,800 --> 00:18:45,800 regulatory hurdle stopping small businesses from competing. 323 00:18:46,000 --> 00:18:51,200 And if you look at a lot of these Boeing, I know where the, 324 00:18:51,300 --> 00:18:58,100 the other ones, well, Pfizer sorry good. 325 00:18:58,500 --> 00:19:01,500 Oh, I was just gonna say Raytheon Lockheed Martin and 326 00:19:01,500 --> 00:19:05,500 Boeing are are on this list, and they should not be on that list 327 00:19:05,500 --> 00:19:07,900 if it Wasn't for the military-industrial complex. 328 00:19:08,000 --> 00:19:12,000 So again that the state not only doesn't create competition. 329 00:19:12,000 --> 00:19:16,900 It's the biggest hurdle to competition in 1989 versus 2021 330 00:19:17,100 --> 00:19:20,800 the 20 largest companies by market cap on planet Earth were 331 00:19:20,800 --> 00:19:23,800 not the same. So today the top five are Apple. 332 00:19:23,800 --> 00:19:27,700 Saudi Aamco. Aramco, Microsoft, Amazon, 333 00:19:27,700 --> 00:19:29,800 alphabet Facebook. And in 1989. 334 00:19:29,800 --> 00:19:33,600 It was Industrial Bank of Japan sudha, Moto Bank, Fuji Bank 335 00:19:33,600 --> 00:19:38,200 Exxon, Corp IBM. General Electric, turnovers 336 00:19:38,200 --> 00:19:42,600 constantly happening. And I will say that I would bet 337 00:19:42,600 --> 00:19:46,500 a significant amount of money that any company, that defies, 338 00:19:46,500 --> 00:19:50,300 what I just said, where they survived for hundreds of years. 339 00:19:50,700 --> 00:19:52,700 They're in bed with government. They're you, they're profiting 340 00:19:52,700 --> 00:19:55,400 in some way from the coercion inherent in government. 341 00:19:55,400 --> 00:19:57,900 In this guy's democracy. They're taking this guy's 342 00:19:57,900 --> 00:20:00,200 democracy and they've manipulated it such that they 343 00:20:00,200 --> 00:20:02,100 can profit and never go out of business. 344 00:20:02,100 --> 00:20:05,100 They become too big to fail. Banks, would probably be the 345 00:20:05,100 --> 00:20:08,000 best. Ample of the exception to what I 346 00:20:08,008 --> 00:20:10,300 was talking about. Exactly. 347 00:20:10,500 --> 00:20:15,000 Yeah, that's all I have to say on that, from deciding what to 348 00:20:15,000 --> 00:20:18,300 produce, how to produce, where to produce, and what to do with 349 00:20:18,300 --> 00:20:20,700 them prophets and the net revenue. 350 00:20:21,000 --> 00:20:25,500 That's not a democratic system. But there is a democratic way of 351 00:20:25,500 --> 00:20:27,800 Oregon. It's not a democratic system. 352 00:20:28,500 --> 00:20:34,700 The thing he failed to mention in this video was So what? 353 00:20:35,300 --> 00:20:39,100 So what's that? Why is that a problem? 354 00:20:39,100 --> 00:20:41,900 In fact, I would say that a democratic system without 355 00:20:41,900 --> 00:20:45,800 coercion. I mean that they exist they 356 00:20:45,800 --> 00:20:52,100 exist and they typically they typically are very hard to kill. 357 00:20:52,100 --> 00:20:54,700 They stick around a long time. They're very resilient to Market 358 00:20:54,700 --> 00:20:59,200 forces and to Market changes, but they they also don't scale 359 00:20:59,200 --> 00:21:01,400 very well. They can't grow too. 360 00:21:01,700 --> 00:21:05,200 Any sizable company that requires specialization of Labor 361 00:21:05,400 --> 00:21:08,000 and specialized skill sets. Some people are better than 362 00:21:08,000 --> 00:21:14,000 others at some things like you said earlier and and hierarchy I 363 00:21:14,000 --> 00:21:17,900 said deep so do h word. Oh my God, so someone who's been 364 00:21:17,900 --> 00:21:20,900 working there for 20 years might have a bigger say than a guy 365 00:21:20,900 --> 00:21:23,400 who's its first day. It's his first day on the job 366 00:21:23,400 --> 00:21:25,400 though. That's that's unequal. 367 00:21:25,500 --> 00:21:29,800 Oh, it's Auntie anti-democratic. My favorite things on the planet 368 00:21:29,800 --> 00:21:32,900 are anti-democratic there. Run through like total 369 00:21:32,900 --> 00:21:35,700 hierarchy. I mean, I was just thinking of 370 00:21:35,700 --> 00:21:38,500 my favorite shows, my favorite movies, my favorite artist. 371 00:21:38,500 --> 00:21:43,100 None of which came about, as the result of a large-scale vote. 372 00:21:43,200 --> 00:21:45,800 The best is when, you know, companies will have like let's 373 00:21:45,800 --> 00:21:49,200 vote that if you remember Mountain, Dew said, we're going 374 00:21:49,200 --> 00:21:53,600 to have everyone vote on what the Mountain Dew name, what the 375 00:21:53,600 --> 00:21:56,700 Mountain Dew name should be. And it's just funny. 376 00:21:56,700 --> 00:21:59,400 What people came up with long story short. 377 00:21:59,500 --> 00:22:01,600 They, of course, abandoned, this ridiculous investigation. 378 00:22:01,700 --> 00:22:05,700 Involve everyone idea because just because a lot of people 379 00:22:05,700 --> 00:22:07,600 have an idea doesn't mean it's the smartest thing. 380 00:22:08,100 --> 00:22:12,200 As you know, Henry Ford, you know, said and kind of a mean, 381 00:22:12,200 --> 00:22:14,900 disrespectful way. If I had asked my customers what 382 00:22:14,900 --> 00:22:16,300 they wanted. They would have said Faster 383 00:22:16,300 --> 00:22:19,900 Horses. So, so sometimes it's not always 384 00:22:20,000 --> 00:22:25,100 best to listen to while the masses on the economy. 385 00:22:25,200 --> 00:22:29,000 And it's not capitalism. It's called worker cooperatives. 386 00:22:29,200 --> 00:22:32,500 And it's an old idea whose time Has come. 387 00:22:32,900 --> 00:22:36,200 Here's how it works. All the people who work in an 388 00:22:36,200 --> 00:22:40,300 Enterprise, all of them. One person, one vote. 389 00:22:40,600 --> 00:22:43,800 They make the decisions democratically. 390 00:22:44,100 --> 00:22:48,100 What to produce, how to produce, where to produce, and what to do 391 00:22:48,100 --> 00:22:51,200 with the profits. That after all, they have all 392 00:22:51,200 --> 00:22:54,800 helped to produce. It would change our economic 393 00:22:54,800 --> 00:22:58,000 system. It would democratize, not just 394 00:22:58,000 --> 00:23:02,800 the Enterprises, but the system as a whole, it's Long overdue. 395 00:23:02,900 --> 00:23:05,900 It's what democracy means. When you bring it to the 396 00:23:05,900 --> 00:23:09,500 economy, which we should have done long ago. 397 00:23:09,900 --> 00:23:13,000 This is Richard Wolff for economic. 398 00:23:17,700 --> 00:23:21,600 One of the things that comes to mind is just because you're 399 00:23:21,800 --> 00:23:26,600 voting, you know, it's the idea that an ignorant person gets as 400 00:23:26,600 --> 00:23:29,300 much of a say as someone who's really intelligent. 401 00:23:29,500 --> 00:23:35,800 I think that's a terrible thing to do it is it stops you from 402 00:23:35,900 --> 00:23:40,100 allowing people to really thrive in areas where their best? 403 00:23:40,100 --> 00:23:43,800 So I went to see Noam Chomsky speak at Arizona State 404 00:23:43,800 --> 00:23:49,500 University talking about Quality and he one person spoke 99% of 405 00:23:49,500 --> 00:23:51,800 the time. And that was good or no. 406 00:23:51,800 --> 00:23:55,200 He spoke like 33 percent. Then Glenn Greenwald ID. 407 00:23:55,300 --> 00:23:58,100 And then Edward Snowden. Did he was there on camera? 408 00:23:58,500 --> 00:24:01,400 But that's all I wanted to hear. I didn't want to hear what 409 00:24:01,400 --> 00:24:05,000 anyone else had to say, just as they were specialization and 410 00:24:05,100 --> 00:24:09,400 blatant hierarchy. Three people getting 99% of the 411 00:24:09,400 --> 00:24:12,600 air time is kind of what you'd expect now. 412 00:24:12,600 --> 00:24:15,100 Whenever people are free to associate. 413 00:24:15,500 --> 00:24:18,500 Oppressing us, even though they were perpetuating their ideas. 414 00:24:18,700 --> 00:24:23,400 They were engaged in what they would call, you know, using 415 00:24:23,400 --> 00:24:27,800 their privilege and their fundamental abilities to be able 416 00:24:27,800 --> 00:24:31,500 to perpetuate Society the way they want to their influence. 417 00:24:31,600 --> 00:24:35,900 So what its people organizing without coercion and just 418 00:24:35,900 --> 00:24:38,500 because you get a vote in, something doesn't mean you're 419 00:24:38,500 --> 00:24:43,100 going to vote in such a way that improves Capital Equipment, 420 00:24:43,100 --> 00:24:45,400 which improves output, which increases wages. 421 00:24:45,600 --> 00:24:49,900 Which increases living standards over time, so just because the 422 00:24:49,900 --> 00:24:52,700 problem in, you know, the year 1300, wasn't that enough. 423 00:24:52,700 --> 00:24:55,400 People weren't voting because there had been enough capital 424 00:24:55,400 --> 00:24:57,700 investment and Innovation to increase production. 425 00:24:57,800 --> 00:25:02,600 So this is just very typical appealing to what the idiots. 426 00:25:03,400 --> 00:25:05,800 You didn't ask the person sitting next to you at that talk 427 00:25:06,700 --> 00:25:09,200 demand that the person sitting next to you have equal time on 428 00:25:09,200 --> 00:25:11,600 the stage. You didn't demand a vote of all 429 00:25:11,600 --> 00:25:13,800 the people have in attendance to pick the people. 430 00:25:13,800 --> 00:25:17,900 That should be the ones. On stage talking exactly 431 00:25:18,000 --> 00:25:20,200 exactly. What what about something like 432 00:25:20,200 --> 00:25:25,000 the cost of information? So like instead of, you know, 433 00:25:25,000 --> 00:25:27,800 Burnham just writing this book if he just had everyone vote on 434 00:25:27,800 --> 00:25:29,700 it. It would be so costly. 435 00:25:29,700 --> 00:25:31,000 This is what Thaddeus Russell says. 436 00:25:31,000 --> 00:25:33,800 He says democracy is too much. Dang work. 437 00:25:34,000 --> 00:25:35,800 I gotta get involved in everything. 438 00:25:35,800 --> 00:25:37,600 I got to learn about it in the free market. 439 00:25:37,600 --> 00:25:41,100 I just have people specialize and if and the threat of me 440 00:25:41,100 --> 00:25:44,200 disassociating with them, is more of an incentive for them to 441 00:25:44,200 --> 00:25:47,600 create a good product. Me getting a vote once every 10 442 00:25:47,600 --> 00:25:50,100 years. Yeah, it's called rational, 443 00:25:50,100 --> 00:25:52,100 ignorance. People are rationally. 444 00:25:52,100 --> 00:25:55,300 Ignorant on a lot of things. Like when I chose to learn TIG 445 00:25:55,300 --> 00:25:56,500 welding. I had to. 446 00:25:56,700 --> 00:26:00,200 I had to choose not to spend my time learning this new 447 00:26:00,200 --> 00:26:02,800 programming language that I saw pop up, right? 448 00:26:02,800 --> 00:26:06,100 So I made a decision about where my resources were going to go 449 00:26:06,400 --> 00:26:11,500 some might call that a higher key, but no, I think I guess I 450 00:26:11,500 --> 00:26:13,900 just want to repeat kind of some of the things that you've said. 451 00:26:15,000 --> 00:26:19,700 People are different. People are different. 452 00:26:19,800 --> 00:26:21,800 Some are smart. Some are dumb. 453 00:26:21,900 --> 00:26:23,400 Some are strong. Some are weak. 454 00:26:23,400 --> 00:26:24,800 Some are happy. Some are depressed. 455 00:26:24,800 --> 00:26:27,500 Some are motivated. Some are distracted. 456 00:26:27,500 --> 00:26:32,600 Some are knowledgeable. Some are ignorant and nothing. 457 00:26:32,600 --> 00:26:35,600 I just said, I don't think anybody would disagree with. 458 00:26:35,700 --> 00:26:42,700 So why would you want to have the guy that has dumb week? 459 00:26:42,700 --> 00:26:44,600 Depressed, distracted, and ignorant? 460 00:26:44,800 --> 00:26:49,200 Rent have their vote on something that affects you be 461 00:26:49,200 --> 00:26:52,100 equal to your vote. If you are one of the opposite 462 00:26:52,100 --> 00:26:54,100 the people that are well-informed knowledgeable 463 00:26:54,100 --> 00:26:57,200 motivated you care you have you know, your body into it and it 464 00:26:57,200 --> 00:27:00,500 matters to you. Why would you want to work? 465 00:27:00,500 --> 00:27:02,700 Why would you want to freely associate with other people in 466 00:27:02,700 --> 00:27:04,800 that Paradigm? Here's another question. 467 00:27:05,200 --> 00:27:08,700 Let's say you're one of the people that have Saved up your 468 00:27:08,700 --> 00:27:11,200 resources, double mortgaged your house thought. 469 00:27:11,200 --> 00:27:14,400 You found the idea that you think is going to make it big in 470 00:27:14,400 --> 00:27:17,100 the market and then you're ready to put it all on the line. 471 00:27:17,100 --> 00:27:19,000 You're ready to risk it in a venture. 472 00:27:19,500 --> 00:27:22,700 Why would you then hire a bunch of people and then give them 473 00:27:22,700 --> 00:27:26,500 control over all of the resources that you just work 25 474 00:27:26,500 --> 00:27:28,900 years of your life to put on the line? 475 00:27:29,200 --> 00:27:32,800 When all of those people, all of that they're putting on the line 476 00:27:32,900 --> 00:27:35,900 is a day's work. They can quit tomorrow. 477 00:27:38,800 --> 00:27:41,900 It just seems absolutely in Maine. 478 00:27:41,900 --> 00:27:44,900 It just seems just eat completely irrational and non 479 00:27:44,900 --> 00:27:48,300 realistic thinking it's just it's class Warfare. 480 00:27:48,300 --> 00:27:49,800 It goes back to the to the grifting. 481 00:27:50,200 --> 00:27:53,500 Well, how did these people explain large companies that 482 00:27:53,500 --> 00:27:57,200 have gone out of business. I just looked up large companies 483 00:27:57,200 --> 00:28:00,500 that went out of business and I got a Wikipedia list of defunct 484 00:28:00,500 --> 00:28:05,700 department stores and defunct. That's a hard word, retails 485 00:28:06,000 --> 00:28:10,400 retailers of the I did States and I was going to show the list 486 00:28:10,400 --> 00:28:12,500 and list them off, but it's way too big. 487 00:28:12,500 --> 00:28:15,300 Of course, the big ones, Blockbuster EB Games Hollywood 488 00:28:15,300 --> 00:28:18,500 Video. Most Round Table Pizza, Sears, 489 00:28:19,000 --> 00:28:21,500 the Sears parade. I mean, this is like one of the 490 00:28:21,500 --> 00:28:24,800 biggest total Monopoly Starbucks is going to be a monopoly 491 00:28:25,300 --> 00:28:27,000 Myspace. Of course, the first social 492 00:28:27,000 --> 00:28:30,200 media Monopoly, that of course needs regulation. 493 00:28:30,400 --> 00:28:33,500 If you remember Internet Explorer was going to be the 494 00:28:33,500 --> 00:28:36,400 Takeover of the internet and the thing we need to regulate and 495 00:28:36,400 --> 00:28:38,600 Microsoft's doing away. With it this year just because 496 00:28:38,600 --> 00:28:43,100 it's not popular enough that they act like consumers, don't 497 00:28:43,100 --> 00:28:47,000 influence outcomes the way voters do when it's just voting 498 00:28:47,000 --> 00:28:49,200 with your dollar. What do you think about 499 00:28:49,300 --> 00:28:52,800 voluntary worker coops? Like, my favorite shop place to 500 00:28:52,800 --> 00:28:55,500 shop? When Co Foods in Arizona. 501 00:28:56,100 --> 00:28:59,000 Have you ever you ever done any research on how those 502 00:28:59,100 --> 00:29:03,400 cooperatives work? Let me just say one more thing 503 00:29:03,400 --> 00:29:05,800 before I forget it and then I'll talk about the coops. 504 00:29:06,700 --> 00:29:09,700 Just just going To the gay, the idea that there's a guy out 505 00:29:09,700 --> 00:29:12,400 there that's working to save resources, to put it all on the 506 00:29:12,400 --> 00:29:15,900 line to actually be successful and to make a return and to like 507 00:29:15,900 --> 00:29:19,600 do to get somewhere in his life. Productively speaking. 508 00:29:20,500 --> 00:29:23,400 That right. There is a different kind of 509 00:29:23,408 --> 00:29:26,100 person. Most people don't do that. 510 00:29:26,200 --> 00:29:29,900 Most people just want to be happy and and a day job and that 511 00:29:29,900 --> 00:29:33,900 is what makes them happy. Just just doing the nine to five 512 00:29:33,900 --> 00:29:36,900 and then having mornings and evenings and weekends free to 513 00:29:36,900 --> 00:29:40,500 just Not have a care in the world about anything related to 514 00:29:40,500 --> 00:29:42,900 the company. Whereas there's some people, 515 00:29:42,900 --> 00:29:45,800 there's a tiny, tiny, tiny hierarchy. 516 00:29:45,800 --> 00:29:48,400 Now, there's a tiny minority of people that do that. 517 00:29:48,400 --> 00:29:51,700 They have the self-discipline and gratification deferral, 518 00:29:51,700 --> 00:29:55,300 necessary to pool their resources, long enough to where 519 00:29:55,300 --> 00:29:59,400 they have something substantial enough, to be able to employ the 520 00:29:59,400 --> 00:30:04,500 people that just want to 925. So, you're to flatten that 521 00:30:04,500 --> 00:30:07,900 hierarchy, you're going to kill the incentive of the rare people 522 00:30:07,900 --> 00:30:12,500 that have the ability to do that in an attempt to elevate the 523 00:30:12,500 --> 00:30:15,200 outcomes of the people that don't want to do that. 524 00:30:15,400 --> 00:30:19,200 It's it's, it's fascism in the name of equality. 525 00:30:19,800 --> 00:30:23,700 And so, I guess the next thing I'd say about the coops, the 526 00:30:23,700 --> 00:30:26,800 most successful. And I don't know if this is 527 00:30:26,800 --> 00:30:27,900 actually a co-op because I haven't done. 528 00:30:27,900 --> 00:30:31,000 The research is REI. That's the main Co-op. 529 00:30:31,000 --> 00:30:32,300 I don't know. You have it where you are. 530 00:30:32,300 --> 00:30:39,100 REI is an outdoor sporting goods co-op store and they just became 531 00:30:39,100 --> 00:30:42,500 incredibly silly with their covid rules. 532 00:30:42,500 --> 00:30:45,600 Even to this day. Even when Texas has been open 533 00:30:45,600 --> 00:30:48,300 for months. Now, they have a guy in a booth 534 00:30:48,300 --> 00:30:52,400 out front in a shielded Booth outside the front of the 535 00:30:52,400 --> 00:30:57,500 building with a mask and a face shield, and he liked horses, you 536 00:30:57,500 --> 00:31:00,500 have for us, that's a better word, but he makes sure that you 537 00:31:00,500 --> 00:31:02,500 are aware that you have. Mask in the store. 538 00:31:02,500 --> 00:31:04,500 And and if you say no, no, thanks. 539 00:31:04,500 --> 00:31:06,700 He'll let you walk in. But then the manager comes 540 00:31:06,700 --> 00:31:09,700 around and basically holds one of those face face Shields out 541 00:31:09,700 --> 00:31:11,700 of you anyway, so I haven't been there lock. 542 00:31:11,700 --> 00:31:13,500 That's all to say. I just haven't been there 543 00:31:13,500 --> 00:31:16,200 recently. But back when I was the net 544 00:31:16,200 --> 00:31:20,200 effect of it was it was a corporation that once a year. 545 00:31:20,700 --> 00:31:23,300 If I spent enough money there. I would get a little bit of it, 546 00:31:23,300 --> 00:31:27,300 back in the form of a rebate, or what they would call a dividend, 547 00:31:27,300 --> 00:31:30,100 but it was just basically a rebate, like, you'd get a, you 548 00:31:30,100 --> 00:31:33,100 know, at your Walmart. Art frequent flyer card, you 549 00:31:33,100 --> 00:31:35,900 know, like they'll give you cheaper gas or whatever. 550 00:31:36,900 --> 00:31:40,300 That's kind of the the most successful example I can think 551 00:31:40,300 --> 00:31:44,000 of. Yeah, I think it's important to 552 00:31:44,000 --> 00:31:48,000 say they almost feel like we're stealing something or were, you 553 00:31:48,000 --> 00:31:51,600 know, being tyrannical by opposing this all were really 554 00:31:51,600 --> 00:31:54,200 talking about is one. There's a lot of costs and 555 00:31:54,200 --> 00:31:56,700 benefits to the worker Cooperative. 556 00:31:56,700 --> 00:31:59,900 It's not just this inherently good thing and if you want to do 557 00:31:59,900 --> 00:32:02,700 it voluntarily no, Has the right to stop you. 558 00:32:02,800 --> 00:32:05,600 If someone tries to forcibly stop you, I will. 559 00:32:05,600 --> 00:32:09,500 And Patrick I know for a fact we will happily take your side if 560 00:32:09,500 --> 00:32:13,600 you want to live in a place just because there's no objective 561 00:32:13,600 --> 00:32:17,000 value to, you have to earn more money, more money is good. 562 00:32:17,200 --> 00:32:20,700 Maybe you want more time off. Maybe you want more flexibility 563 00:32:20,700 --> 00:32:22,900 in what you wear. The last place. 564 00:32:22,900 --> 00:32:26,400 I worked. It was a war about the dress 565 00:32:26,400 --> 00:32:30,400 code between some of the people and whether what counted as 566 00:32:30,400 --> 00:32:34,500 facial hair and At what point was an earring, actually engage 567 00:32:34,500 --> 00:32:36,800 would if you want to do that, that's totally fine. 568 00:32:37,000 --> 00:32:40,700 But what wolf means here and he's made this very clear that 569 00:32:40,700 --> 00:32:44,300 the state should step in and forcibly stop people from making 570 00:32:44,300 --> 00:32:47,200 voluntary contracts and everything should be a 571 00:32:47,400 --> 00:32:50,900 dictatorship of the proletariat worker Cooperative. 572 00:32:51,600 --> 00:32:55,500 One of the main shortcomings in this is, well, we should be 573 00:32:55,500 --> 00:32:57,400 owners and we should be voters. Good. 574 00:32:57,400 --> 00:33:01,000 That's what the stock exchange in a free market offers you, but 575 00:33:01,000 --> 00:33:04,500 they say, No, I want to own my company, a lot of companies 576 00:33:04,500 --> 00:33:07,900 offer. What would they call it profit 577 00:33:07,900 --> 00:33:10,700 sharing? And, you know, employee by back 578 00:33:10,700 --> 00:33:14,500 options, but one of the best things about a free market is 579 00:33:14,500 --> 00:33:17,700 you can own a company that you don't work for. 580 00:33:17,800 --> 00:33:22,000 So you can diversify anyone who does investment tells you the 581 00:33:22,000 --> 00:33:25,000 value of diversification, Warren. 582 00:33:25,000 --> 00:33:28,500 Buffett said Ben Graham's book that discusses diversification 583 00:33:28,500 --> 00:33:31,200 is like the greatest thing ever. So whether you love or hate 584 00:33:31,200 --> 00:33:34,300 more, And buff at the point is don't put all your eggs in one 585 00:33:34,300 --> 00:33:39,200 basket. So if I work at, you know, the 586 00:33:39,700 --> 00:33:42,800 Sears, I wouldn't want to also own Sears. 587 00:33:43,000 --> 00:33:47,700 I might want some and Verizon and some in can't think of a 588 00:33:47,700 --> 00:33:50,200 single company. Epson the printer Center 589 00:33:50,200 --> 00:33:54,300 Hewlett-Packard or Barnes and Noble you'd want to diversify. 590 00:33:54,500 --> 00:33:58,400 So you wouldn't want to own necessarily the company that you 591 00:33:58,400 --> 00:34:01,000 work for. Why do people who can't even see 592 00:34:01,000 --> 00:34:03,700 that? Basic ideal, want to control the 593 00:34:03,700 --> 00:34:08,400 entire economy. Why are most economists not 594 00:34:08,400 --> 00:34:12,300 working in the market is another question. 595 00:34:13,600 --> 00:34:16,500 I had a really good point, but then I got lost in your amazing 596 00:34:16,500 --> 00:34:21,199 words and and lost it. So yeah, I think so. 597 00:34:22,100 --> 00:34:25,400 Well, if it comes back to you, please, please let me know. 598 00:34:25,600 --> 00:34:27,699 I want to get into the words of Stalin. 599 00:34:27,699 --> 00:34:31,000 We got a few, we got a few more minutes here. 600 00:34:32,000 --> 00:34:36,300 Think about this because wolf happily describes himself as a 601 00:34:36,308 --> 00:34:38,000 Marxist. So I'm not strong Manning him 602 00:34:38,000 --> 00:34:43,199 here by talking about Marxism. So this is from dialectical and 603 00:34:43,207 --> 00:34:45,300 historical materialism by Joseph Stalin. 604 00:34:45,300 --> 00:34:50,199 He says this means that the main feature of the capitalist system 605 00:34:50,400 --> 00:34:55,100 is a most acute class struggle between the exploiters and the 606 00:34:55,100 --> 00:34:57,700 exploited. How do you respond to the idea 607 00:34:57,900 --> 00:35:00,500 that capitalism? This is a unique thing where 608 00:35:00,500 --> 00:35:03,100 there's the Is and the exploited? 609 00:35:05,200 --> 00:35:07,700 There's different definitions of the word exploit, and I've kind 610 00:35:07,700 --> 00:35:10,800 of tried to tease this apart before in a way that wasn't 611 00:35:10,800 --> 00:35:15,900 disingenuous to them and their position and it's just, they 612 00:35:15,900 --> 00:35:19,800 usually exploit just means to fully utilize a resource. 613 00:35:20,300 --> 00:35:24,300 And if you think of a person as a resource and their labor as a 614 00:35:24,300 --> 00:35:28,500 resource, which is a totally reasonable thing to do, when 615 00:35:28,500 --> 00:35:31,800 you, when you are managing your resources, you want to get the 616 00:35:31,808 --> 00:35:33,600 most out of them as you possibly can. 617 00:35:33,600 --> 00:35:37,200 You want to use them as a fish? We as possible you want to not 618 00:35:37,200 --> 00:35:39,800 waste them because it's expensive. 619 00:35:39,800 --> 00:35:42,300 Why is it expensive ball? It goes back to that bargaining 620 00:35:42,300 --> 00:35:46,800 table that we talked about, but then there's this other version 621 00:35:46,800 --> 00:35:50,600 of exploit where people see it as a wholly negative 622 00:35:50,600 --> 00:35:53,300 interaction, a wholly, one-sided interaction. 623 00:35:53,300 --> 00:35:57,000 Like in this may have come from like environmentalist movement 624 00:35:57,000 --> 00:36:00,500 when they talk about the exploitation of Mother Earth and 625 00:36:00,500 --> 00:36:02,900 the, you know, the forests that get clear cut. 626 00:36:03,000 --> 00:36:06,800 And they're exploiting the Tests and exploiting the wood and then 627 00:36:06,800 --> 00:36:08,600 Mother Earth's natural resources. 628 00:36:08,800 --> 00:36:12,600 Well when you when you do it in an irresponsible way that is 629 00:36:12,900 --> 00:36:17,500 exploiting it in a bad or inefficient or in a negative 630 00:36:17,500 --> 00:36:19,500 way. And so I think the word exploit 631 00:36:19,500 --> 00:36:23,500 as a bad rap and it's used in a way to sort of draw that 632 00:36:23,500 --> 00:36:26,000 negativity towards this kind of connotation. 633 00:36:26,900 --> 00:36:29,800 Now another maybe the last thing I'll say is that exploitation is 634 00:36:29,800 --> 00:36:34,600 also Frequently talked about as if it's non-consensual, and of 635 00:36:34,600 --> 00:36:36,400 course, we're talking to a Marxist here. 636 00:36:36,400 --> 00:36:40,000 So of course, he thinks that wage labor is non-consensual in 637 00:36:40,000 --> 00:36:42,100 general. I that's not a straw man. 638 00:36:42,100 --> 00:36:46,100 That's just a basic foundational point in the plank, in their 639 00:36:46,700 --> 00:36:54,300 quote, unquote philosophy. It is consensual if there's no 640 00:36:54,300 --> 00:37:02,900 threat of force involved. And Mother Nature doesn't exist. 641 00:37:02,900 --> 00:37:05,700 And this might be hard to explain a hard hard to 642 00:37:05,700 --> 00:37:08,900 understand for some people. But it is just a concept to 643 00:37:08,900 --> 00:37:14,000 describe the state of existence, the state of existence includes 644 00:37:14,000 --> 00:37:16,300 suffering. It includes struggle. 645 00:37:16,400 --> 00:37:20,200 It includes the need to exert effort to to prolong Your 646 00:37:20,200 --> 00:37:22,100 Existence in your survival in it. 647 00:37:22,300 --> 00:37:28,100 That is just describing reality that description of reality 648 00:37:28,100 --> 00:37:35,300 cannot Control you act on you exploit, you coerce you in any 649 00:37:35,300 --> 00:37:38,100 way. So a lot of times there's this 650 00:37:38,100 --> 00:37:44,400 reification of Mother Nature on to the boss at a company and 651 00:37:44,400 --> 00:37:45,900 they're like, well, I have to eat. 652 00:37:45,900 --> 00:37:49,000 And this guy's got the food. So gosh, darn it. 653 00:37:49,000 --> 00:37:53,800 He's exploiting Me by, by making me come to work every day if I 654 00:37:53,800 --> 00:37:58,200 want to keep eating. Look, if he didn't do it, you 655 00:37:58,200 --> 00:37:59,600 would have to go do something else. 656 00:37:59,600 --> 00:38:03,800 You'd have to go grow some food, the hopefully, convince an 657 00:38:03,800 --> 00:38:06,000 animal to come near you long enough to where you could kill 658 00:38:06,000 --> 00:38:08,300 it. So that you Kate like that's 659 00:38:08,300 --> 00:38:11,300 existence. And yeah, yeah. 660 00:38:11,300 --> 00:38:13,700 So those are my thoughts, it's incredible. 661 00:38:13,900 --> 00:38:18,100 They don't recognize explicit voluntary contracts, but they do 662 00:38:18,100 --> 00:38:22,400 recognize the social contract where you have to obey the state 663 00:38:22,400 --> 00:38:25,300 and it's okay to cage people for chipping in because they 664 00:38:25,300 --> 00:38:28,200 actually If it it's like, well, what if I benefit from my 665 00:38:28,200 --> 00:38:30,900 employer, should I be allowed to make an exchange with them? 666 00:38:31,400 --> 00:38:34,500 No, you should be forced to own and forced to get educated on 667 00:38:34,500 --> 00:38:38,500 things and just so you could have a vote. 668 00:38:38,700 --> 00:38:43,000 Even if you explicitly, don't want a vote, you made a great 669 00:38:43,000 --> 00:38:45,700 point with exploitation because you could just take that and 670 00:38:45,700 --> 00:38:51,300 say, consumers exploit us all consumer doesn't consumer. 671 00:38:51,300 --> 00:38:54,700 Doesn't walk into the store and say, well, well, well, I hate 672 00:38:54,700 --> 00:38:57,700 the products and services. But I know Patrick Smith works 673 00:38:57,700 --> 00:38:59,700 here. So because I care about him 674 00:38:59,700 --> 00:39:02,200 know. It's like, hey guy, who I've 675 00:39:02,200 --> 00:39:04,100 never met. Do you have a product or 676 00:39:04,100 --> 00:39:07,300 service? You can give me the, this 677 00:39:07,300 --> 00:39:09,000 doesn't look exactly how I want it. 678 00:39:09,100 --> 00:39:10,100 No. Goodbye. 679 00:39:10,300 --> 00:39:13,900 They're only using us for our products and services employees. 680 00:39:14,000 --> 00:39:16,200 They don't go because they love the business owner. 681 00:39:16,300 --> 00:39:19,600 They just want the money. So this is actually a good 682 00:39:19,600 --> 00:39:25,800 thing, you get people to have harmonious harmonia. 683 00:39:25,900 --> 00:39:29,500 Harmonized interests that otherwise would be conflicted. 684 00:39:29,500 --> 00:39:33,100 So I want something and you want it, so maybe we might fight over 685 00:39:33,100 --> 00:39:35,500 it. But if I am constantly 686 00:39:35,500 --> 00:39:38,300 exchanging with other people and making these deals that are 687 00:39:38,300 --> 00:39:42,000 mutually beneficial, well, then I get money and in exchange he 688 00:39:42,000 --> 00:39:45,700 gets my labor and so long as both of us can walk away then 689 00:39:45,700 --> 00:39:49,500 it's not really exploitation. Especially the way the state 690 00:39:49,500 --> 00:39:53,100 engages in it. So if voluntary voluntarily 691 00:39:53,100 --> 00:39:54,800 taking advantage of someone is bad. 692 00:39:55,100 --> 00:39:57,600 Well then, Customers and employees are also guilty of 693 00:39:57,600 --> 00:39:59,800 this. As is everyone on planet Earth. 694 00:40:00,100 --> 00:40:03,100 Well, then it applies 10 folded to politicians to, which there 695 00:40:03,100 --> 00:40:07,000 is no contract at all. I'd love that flipping the 696 00:40:07,000 --> 00:40:11,300 script on the word, exploiting to the, to the employee. 697 00:40:11,400 --> 00:40:14,900 That's that perfectly. Illustrates the subjectivity of 698 00:40:14,900 --> 00:40:18,300 the grifting nonsense, like you didn't pay for that office 699 00:40:18,300 --> 00:40:19,600 space. You didn't pay for that, 700 00:40:19,600 --> 00:40:23,100 computer that Cube, or that internet connection or that copy 701 00:40:23,100 --> 00:40:25,700 machine, fax machine unit. That's not your business. 702 00:40:25,900 --> 00:40:28,300 Dear, that's not your relationships with all the 703 00:40:28,300 --> 00:40:31,500 suppliers. That's not your marketing ideas. 704 00:40:31,500 --> 00:40:35,800 Like none of, that's yours. You just Waltz in 925 with a 1 705 00:40:35,800 --> 00:40:38,500 hour, lunch break, you know that you usually don't even take, you 706 00:40:38,500 --> 00:40:40,600 know, you don't report, you don't clock out for that. 707 00:40:40,600 --> 00:40:44,300 You still get paid for it or whatever you just Waltz in here. 708 00:40:44,400 --> 00:40:47,600 And then, you know, half-assed your your job that you really 709 00:40:47,600 --> 00:40:51,000 don't care about Waltz out and then cash that paycheck boy. 710 00:40:51,000 --> 00:40:53,300 You don't forget to cash that paycheck. 711 00:40:53,400 --> 00:40:55,700 May, you just exploiting the company in the company? 712 00:40:55,800 --> 00:40:57,600 He's owners. What's wrong with you? 713 00:40:57,600 --> 00:41:00,200 That's terrible. You just using the you don't 714 00:41:00,200 --> 00:41:02,500 love me. This is horrible. 715 00:41:02,900 --> 00:41:10,000 I'm not even loved. So I didn't say in that we 716 00:41:10,000 --> 00:41:11,800 didn't vote on how you could spend the money. 717 00:41:11,800 --> 00:41:15,100 You greedily just said, I'll say I get my whole paycheck. 718 00:41:15,100 --> 00:41:17,900 I'm going to spend some here and spend some stop shopping at this 719 00:41:17,900 --> 00:41:20,900 place. One of the main things is that I 720 00:41:20,900 --> 00:41:25,700 think the only accurate system is original. 721 00:41:25,900 --> 00:41:29,500 Voluntary contract, voluntary exchange anarcho-capitalism. 722 00:41:29,700 --> 00:41:33,200 So I think we really have a solid foundation there with work 723 00:41:33,200 --> 00:41:36,300 of Hans Hapa and didn't just a everyone else. 724 00:41:36,500 --> 00:41:41,500 So a follow-up to this is how do we make status bear the cost of 725 00:41:41,500 --> 00:41:47,600 having a bad idea. So they can, if you're a farmer 726 00:41:47,700 --> 00:41:51,600 who thinks dancing will grow food, instead of planting seeds. 727 00:41:51,800 --> 00:41:54,300 You're going to bear the cost and you'll be able to see 728 00:41:54,300 --> 00:41:58,200 immediately, but if You're just a socialist who has no problem 729 00:41:58,200 --> 00:42:01,900 cheering for Hugo Chavez like Sean Penn did and Noam Chomsky 730 00:42:01,900 --> 00:42:05,400 and Michael Moore. They didn't bear the cost of 731 00:42:05,400 --> 00:42:07,700 anything. How do we make socialist 732 00:42:07,700 --> 00:42:11,300 stateís, conservative men Arcus? How do we make these people? 733 00:42:11,300 --> 00:42:14,800 Bear the cost of their bad ideas to create a disincentive for 734 00:42:14,800 --> 00:42:17,500 them to believe in them and Advocate them? 735 00:42:18,500 --> 00:42:22,300 The. There's only two ways. 736 00:42:22,300 --> 00:42:24,400 There's the violent way in the nonviolent way. 737 00:42:24,800 --> 00:42:28,000 The violent way is that is to talk about some nonviolent ways 738 00:42:28,000 --> 00:42:31,100 for peace. Well, I just mean resisting the 739 00:42:31,100 --> 00:42:32,800 taxation that funds them. Right? 740 00:42:32,800 --> 00:42:34,900 That's the vibe. That mean self-defense. 741 00:42:34,900 --> 00:42:39,800 That's that's the Violet way. The nonviolent way would be to 742 00:42:41,300 --> 00:42:45,500 go Galt. Like you stop letting the 743 00:42:45,500 --> 00:42:48,100 looters have access to your productivity. 744 00:42:48,400 --> 00:42:50,700 Like if you're one of the people that is productive. 745 00:42:51,200 --> 00:42:54,600 Find ways to to stop letting looters in your life. 746 00:42:54,600 --> 00:42:59,000 Don't also, there's tons of social answers to this question. 747 00:42:59,200 --> 00:43:01,500 Don't associate with people that are looters. 748 00:43:01,500 --> 00:43:05,000 I use the looter the term looter very pejoratively like, Ian, ran 749 00:43:05,000 --> 00:43:07,600 did. These are these are disgusting 750 00:43:07,600 --> 00:43:11,400 people that are leeches. They just live off the, the 751 00:43:12,000 --> 00:43:15,700 effort and the productivity of the engines of the world. 752 00:43:15,700 --> 00:43:17,800 So to speak. Don't associate with them. 753 00:43:18,000 --> 00:43:23,200 Don't don't Allow them in your community, your Circles of 754 00:43:23,200 --> 00:43:25,200 friends. Like there's power and social 755 00:43:25,200 --> 00:43:28,900 ostriches a shin is what I'm trying to say like in the same 756 00:43:28,900 --> 00:43:34,000 way that the left is so good. At hashtag canceling, people 757 00:43:34,000 --> 00:43:37,500 that they disagree with. Well that's functional because 758 00:43:37,500 --> 00:43:41,700 it works humans care about being parts of communities and being 759 00:43:41,700 --> 00:43:43,300 parts of groups of people around them. 760 00:43:43,300 --> 00:43:48,600 And so there's power to modify people's behavior through social 761 00:43:49,600 --> 00:43:52,200 social behavior social. Real changes, I guess what I'm 762 00:43:52,200 --> 00:43:55,900 saying. I was I had a relationship, I 763 00:43:55,908 --> 00:43:57,900 thought was on the rocks. It was just a friendship. 764 00:43:57,900 --> 00:44:01,300 So I tried throwing a nuke in there because she was really 765 00:44:01,300 --> 00:44:04,000 pissing me off one day. I said, you know, I really think 766 00:44:04,000 --> 00:44:06,200 I can only hang out. This is actually a real story. 767 00:44:07,000 --> 00:44:09,900 I said, you know, I really think I could only hang out with you. 768 00:44:10,100 --> 00:44:14,000 If you pay me what you believe is the mandatory living wage of 769 00:44:14,000 --> 00:44:17,600 $15 an hour because it's so much work to spend time around you. 770 00:44:17,700 --> 00:44:20,800 And here she is thinking, I'm joking and I said no, it is a 771 00:44:20,808 --> 00:44:23,200 literal work. So I just need a living wage. 772 00:44:23,700 --> 00:44:27,700 Unless you don't want me to be alive and you are stopping me 773 00:44:27,700 --> 00:44:30,900 from engaging in my right to have a living wage. 774 00:44:31,200 --> 00:44:33,300 You really have to hold their feet to the fire. 775 00:44:33,600 --> 00:44:36,400 Trust me. They will do it to us at any 776 00:44:36,400 --> 00:44:37,500 point. They get. 777 00:44:37,600 --> 00:44:42,000 I had a little sneaky Progressive psycho, really pull 778 00:44:42,000 --> 00:44:42,800 this on me. She goes. 779 00:44:43,200 --> 00:44:47,700 Well, technically, what you're engaged in is a violation of the 780 00:44:47,700 --> 00:44:51,000 voluntary contract you have with this owner and it was so 781 00:44:51,000 --> 00:44:53,700 trivial. Imagine, you know, someone Says, 782 00:44:53,700 --> 00:44:56,400 you can't think bad thoughts when you're in this church? 783 00:44:56,400 --> 00:44:57,800 And you think a bad thought or something. 784 00:44:58,100 --> 00:45:01,100 I don't want to get into exactly what it is, but it was using a 785 00:45:01,100 --> 00:45:05,700 3D printer. So she was so ready to use my 786 00:45:05,700 --> 00:45:08,900 own ideology against me when it barely applied? 787 00:45:08,900 --> 00:45:12,000 Only technically that, I think we need to start literally 788 00:45:12,000 --> 00:45:15,400 putting it in their face. What was the other one? 789 00:45:15,600 --> 00:45:19,200 I had owed to just really say like like with the passion and 790 00:45:19,200 --> 00:45:21,300 bitch re all that they will call us racist for? 791 00:45:21,300 --> 00:45:24,700 No reason with we should literally say You never got our 792 00:45:24,700 --> 00:45:28,300 vote to make that video. You never got our Collective 793 00:45:28,300 --> 00:45:33,500 permission to make that sign and to have this opinion or, you 794 00:45:33,508 --> 00:45:36,000 know, molyneux's great against me argument. 795 00:45:36,000 --> 00:45:39,400 So you want to put me in a cage for not chipping, in for the 796 00:45:39,400 --> 00:45:41,200 welfare state of the Warfare State? 797 00:45:41,300 --> 00:45:43,800 And if I resist, you'll have me killed in front of my daughter, 798 00:45:43,800 --> 00:45:46,700 of course, right? That's what you Advocate. 799 00:45:46,700 --> 00:45:49,100 I just want to make sure we're on the same page with what our 800 00:45:49,100 --> 00:45:53,400 relationship really is. So, I mean, those are things Has 801 00:45:53,400 --> 00:45:56,800 anything else come to mind as far as peaceful mechanisms to 802 00:45:56,800 --> 00:45:59,500 make statist bear the cost of their bad ideas? 803 00:45:59,900 --> 00:46:02,100 Immoral ideas. Not just the only thing I would 804 00:46:02,100 --> 00:46:05,600 add is just on the end of that, just healthy heaping load of 805 00:46:05,600 --> 00:46:12,100 just discussed at the person. Like, that is just like I, I I'm 806 00:46:12,100 --> 00:46:15,100 just so disgusted by people that think it's okay to use threats 807 00:46:15,100 --> 00:46:17,400 to get what they want. I'm just so disgusted by people 808 00:46:17,400 --> 00:46:20,100 that think they can point guns, at people to Rob them in the 809 00:46:20,100 --> 00:46:23,100 street and you don't realize it. Whoever you are. 810 00:46:23,400 --> 00:46:24,900 You're doing that exact same thing. 811 00:46:24,900 --> 00:46:28,100 That is disgusting. Violent Thug Behavior. 812 00:46:28,200 --> 00:46:30,800 Stop it. I don't want to know you if 813 00:46:30,800 --> 00:46:32,500 that's how. If that's the type of person you 814 00:46:32,500 --> 00:46:35,000 are. That's, I mean, that kind of 815 00:46:35,000 --> 00:46:37,300 language helps. I could dance. 816 00:46:37,500 --> 00:46:39,200 It does. Yeah, that's what Iran called. 817 00:46:39,200 --> 00:46:42,500 The argument from intimidation. Anything that shows disapproval 818 00:46:42,500 --> 00:46:45,300 not, like I'm Gonna Hurt You, intimidation anything that 819 00:46:45,300 --> 00:46:49,300 shows, just disapproval God. I can't believe the dementia 820 00:46:49,300 --> 00:46:51,500 patient in the white house. That's who you support. 821 00:46:51,600 --> 00:46:52,700 Oh my God. Goodbye. 822 00:46:53,300 --> 00:46:55,600 I can't even talk anymore. So something like that. 823 00:46:55,700 --> 00:46:58,100 Couple more Stalin quotes that. I just want to ask your opinion 824 00:46:58,100 --> 00:47:02,000 on the basis of the relations of production, under the Socialist 825 00:47:02,000 --> 00:47:03,900 system, which so far has been established. 826 00:47:03,900 --> 00:47:07,900 Only in the USSR is the social social ownership of the means of 827 00:47:07,900 --> 00:47:09,200 production. Here. 828 00:47:09,500 --> 00:47:14,400 There are no longer exploiters and exploited the goods produced 829 00:47:14,400 --> 00:47:17,800 are distributed according to labor performed on The 830 00:47:17,800 --> 00:47:20,800 principle. He who does not work, neither 831 00:47:20,800 --> 00:47:24,200 shall eat. Well, look at that. 832 00:47:25,000 --> 00:47:30,100 The labor theory of value is you only get it if you worked for 833 00:47:30,100 --> 00:47:32,200 it. So in other words, all welfare 834 00:47:32,200 --> 00:47:35,100 is a legitimate because they don't work for it. 835 00:47:35,200 --> 00:47:38,100 That's litter. That is Page 39 of dialectical 836 00:47:38,100 --> 00:47:40,100 and historical materialism by Stalin. 837 00:47:41,100 --> 00:47:45,300 I mean that contradicts I'm a little bit mind blown right now. 838 00:47:45,300 --> 00:47:47,500 I've never heard that quote before, but that's a 839 00:47:47,508 --> 00:47:50,500 contradiction of so much. Wow. 840 00:47:50,500 --> 00:47:52,900 Yeah, and I promise, I've read the whole thing. 841 00:47:53,000 --> 00:47:54,800 I'm not taking it out of context. 842 00:47:55,700 --> 00:47:58,200 So yeah, but but that's of course how you justify the 843 00:47:58,200 --> 00:48:02,400 gulags and forced labor. Well, you have to or or you can 844 00:48:02,400 --> 00:48:06,600 eat anyone who doesn't pay their fair share in taxes, you know, 845 00:48:06,600 --> 00:48:09,700 excetera you could just take the same logic there. 846 00:48:10,500 --> 00:48:13,300 Yeah, but so is, so if you have to work either way, then where's 847 00:48:13,300 --> 00:48:18,000 the exploitation in a voluntary company wage labor job, like 848 00:48:18,600 --> 00:48:23,100 you're still working and not eating if you don't so that, 849 00:48:23,100 --> 00:48:26,900 that just eliminates that as an option for exploitation because 850 00:48:26,900 --> 00:48:28,600 in both locations, you're working. 851 00:48:30,200 --> 00:48:32,900 And if you don't work in, either location, you will not eat. 852 00:48:33,500 --> 00:48:36,800 There's, there's something about the mindset of really caring 853 00:48:36,800 --> 00:48:39,400 about incentives. So, if they'll say, oh the 854 00:48:39,400 --> 00:48:43,700 business, Owners out for profit but the state does it for the 855 00:48:43,700 --> 00:48:46,500 greater good. So even before you've even cared 856 00:48:46,500 --> 00:48:50,500 about, you know, whether its moral and the benefits reaped. 857 00:48:50,500 --> 00:48:54,300 We already have the good people, the state doing it for everyone, 858 00:48:54,400 --> 00:48:57,700 very caring for the collective and then greedy selfish 859 00:48:57,700 --> 00:49:01,400 individualist, even though the amazing thing is that everyone 860 00:49:01,400 --> 00:49:04,000 seeking their individual interests while working 861 00:49:04,000 --> 00:49:06,700 voluntarily ends up complementing each other. 862 00:49:06,800 --> 00:49:09,900 So the only way you can earn a lot of money is by placing a 863 00:49:10,100 --> 00:49:14,300 Number of consumers. Yeah, and I think a good book 864 00:49:14,300 --> 00:49:18,800 and for the discussion is just to remind people that communes 865 00:49:19,000 --> 00:49:22,500 can exist in a capitalist Society because 866 00:49:23,200 --> 00:49:26,600 anarcho-capitalists refused to control people. 867 00:49:27,100 --> 00:49:31,400 However, in anarchic in a communist Society, in a Marxist 868 00:49:31,600 --> 00:49:37,200 Society capitalists cannot exist because the Marxist will coerce 869 00:49:37,200 --> 00:49:39,500 them out of their property. If they use it in a way, they 870 00:49:39,500 --> 00:49:42,700 don't like Like so in terms of which is more moral. 871 00:49:42,900 --> 00:49:45,300 Well, how about the one that respects consent? 872 00:49:45,300 --> 00:49:48,800 I think that is I think that's a good maybe final thing for me to 873 00:49:48,800 --> 00:49:51,700 say on it. Excellent, Patrick Smith of 874 00:49:51,700 --> 00:49:54,300 disenthrall. Thank you so much for your time. 875 00:49:54,300 --> 00:49:55,300 And thanks to everyone for watching. 876 00:49:55,300 --> 00:49:59,200 Keep my don't tread on anyone and the libertarian Institute.