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First African-Americans and into
the English colonies. 

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Came to Point Comfort. 
Virginia in 1619. 

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They were slaves. 
They've been captured against 

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their will, but they landed in 
colonies that didn't have 

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slavery. 
There were no laws about slavery

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in the colonies at that time. 
The United States, didn't 

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inherit slavery from anybody, we
created it, it got created by 

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the Virginia General Assembly 
and the legislators of other 

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states. 
It got created by the court 

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systems in colonial, America and
sense that in force. 

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First fugitive slave laws. 
It was we created it. 

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The real quick. 
Sorry, my camera isn't working. 

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Oh, sir, by the way, it's so 
funny that you mentioned the 

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book arguing about slavery. 
You gave me a copy of that book 

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on a student's for Liberty 
conference like five years ago. 

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So that that was just so funny 
to hear. 

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I'm curious if I look at like 
the origins of slavery and coded

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in law, it you can find the code
of your namu from 2100 BC. 

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So it's like, slavery is 
everywhere since the beginning 

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of time. 
However, They pin this uniquely 

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on America saying capitalism, is
the extension of slavery and 

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nothing's really changed. 
Their still exploit a Ting, our 

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Surplus value. 
What do you think? 

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Is the reasoning or 
justification? 

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Why people uniquely associate 
slavery and This Racist 

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colonialism with American 
ideals. 

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Well, so first of all, let's say
let me repeat the the 

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recommendation of arguing about 
slavery. 

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It's the only book that I've 
ever read that literally brought

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me to tears while reading it. 
So I cannot recommend it 

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strongly enough. 
But as far as you're absolutely 

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right slavery is perhaps the 
oldest human social institution.

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It is vastly older than such 
Concepts as monogamy or 

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literacy. 
Its it is universal. 

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And it of course, goes on today 
and it's a very it's very 

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revealing that people who today 
are also eloquent and moving 

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about how deplorable slavery was
in the 1860s remain silent about

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slavery, as practiced throughout
the world today. 

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Particularly in China, where 
every individual is a slave of 

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the state reason. 
Why slavery is tarred with this 

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or why capitalism is tarred with
this brush, is because enemies 

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of capitalism will find any way 
to Tar. 

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Ilysm with what, with whatever 
brush they can. 

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There's absolutely no foundation
for it and Douglas himself was 

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quite quite clear about that 
himself. 

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As I talk about in the book, 
late in life, when Douglas was 

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asked about socialism. 
His response was that socialism 

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was in all of its essential 
respects, the same as slavery, 

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and he was right about that. 
But the, the, the, the Deep 

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answer to your question, is that
capitalism is civilization. 

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It's, as simple as that. 
People who Proposed truly 

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opposed to capitalism are 
opposed to civilization. 

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And so, when they look around 
them at the civilization, we 

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have, they see all these things 
that are plausibly linkable to 

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capitalism because they are part
of our civilization, rudeness. 

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For example, I could make as 
strong an argument is they do 

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about slavery, I could make the 
argument. 

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That rudeness is caused by 
capitalism or over politeness. 

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I Could make the are over, 
politeness is caused by 

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capitalism. 
I could make the argument that 

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the overuse, the of X, the 
exploitation of Natural 

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Resources is caused by 
capitalism, and I could make the

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equally plausible argument that 
the failure to use our 

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resources. 
Efficiently is caused by 

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capitalism because capitalism is
a stand-in for civilization 

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generally. 
And so it becomes easy to pin 

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anything you want on capitalism.
My, favorite example of this is 

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to say, Misery is caused by 
capitalism. 

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People are unhappy because of 
capitalism and we know this 

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because you can measure 
unhappiness in various different

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ways. 
And look at all of these happy 

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people. 
And you didn't have that many 

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unhappy people, you know, 200 
years. 300 years ago before 

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capitalism really golf, got off 
the ground. 

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And in fact, that is true. 
There is a sense in which 

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capitalism does cause 
unhappiness. 

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And that is this 200 years ago. 
If a farmer was was killing his 

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fields, and it failed to rein, 
you. 

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We have this terrible drought. 
This it has, it seems like it's 

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first time it's rained here in 
Arizona in like 50 years this 

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week. 
Well, if you had a terrible 

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drought 200 years ago and your 
crops failed, you were likely 

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starve to death and die. 
If you stubbed your toe on a 

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sharp rock, you would get 
tetanus and you would die. 

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If you opened a can of food, you
get ptomaine poisoning and die 

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and once you died, you would not
be unhappy anymore. 

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People live twice as long, they 
recover from diseases. 

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They survived injuries. 
There are alternatives for them.

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And so they live twice or three 
times as long as they ever did 

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and naturally enough. 
They have twice or three times 

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as much unhappiness in their 
lives. 

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So they are twice or three times
as unhappy as people were 

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Generations ago. 
And the reason for that is 

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capitalism. 
So the answer is that capitalism

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causes unhappiness, right? 
The answer that question why 

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slavery is is used as a tool 
against capitalism is well, 

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people bought and sold slaves 
there. 

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For slavery, must be capitalism 
because we have this notion that

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somehow or another, you could 
survive in the world without 

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buying and selling goods and 
services or something like that.

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You know, it's really 
essentially a religious 

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prejudice against the idea of 
economic exchange, which is to 

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say against civilization itself.
So that's why you find, it's a 

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handy rhetorical tool. 
Sort of a plausible connection 

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because you can plausibly argue 
that anything in our 

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civilization is the fault of 
capitalism. 

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00:06:02,300 --> 00:06:04,600
You can even argue that 
socialism is the fault of 

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capitalism because socialism 
wouldn't exist and wouldn't be 

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00:06:07,608 --> 00:06:09,500
propagated. 
If booksellers didn't want to 

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sell books, and it's very 
controversial and makes a lot of

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money for you to promote 
capitalism and advertise books. 

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I mean pero socialism advertise 
books advocating, socials and so

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forth and so on, right? 
So that's the bottom line. 

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Is that people who argue against
capitalism are really arguing 

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instead. 
Civilization. 

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Well,