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If you believe 535 people have 
the right to coercively rule, 

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330 million strangers. 
You do not believe in equality. 

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Welcome to Keith's. 
My don't tread on anyone and the

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libertarian Institute today. 
I want to go over an article by 

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Anthony samaroff titled. 
How markets have delivered more 

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economic equality. 
The image you see here is the 

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concept of individualism, not 
just people doing their own 

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thing on an island, but people 
respecting the individual 

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Judgment of others. 
By allowing them to voluntarily 

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disassociate, whether it's with 
their time or their money that 

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is people seeing each other as 
equals. 

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On the right. 
However, we see the concept of a

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coercive collectivism where 
people are not treated as 

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equals. 
Some people are having the right

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to initiate violence against 
others. 

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In the material sense. 
However, we are the most equal 

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society that has ever been. 
A billionaire, has a Maserati or

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a Rolls-Royce, but he can't 
drive on the streets much faster

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than your I can. 
Yet. 

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There was a time when the rich 
were carted around in horse 

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drawn carriages. 
While most people walked the 

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former is a form of equality, 
pineapples, and other tropical 

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fruits were once rare and highly
valued exotic items. 

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In fact, Charles. 
The second of England is seen 

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being presented a pineapple. 
Really worth thousands of pounds

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in a 17th century painting, 
nowadays, the rich frequent 

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Swanky restaurants, but most 
people in Western countries have

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access to more calories of 
quality food than they could 

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ever eat. 
That's not all the richest 

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person in the world, can't get 
that much better of a broadband 

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connection. 
Then you can, or a much comfier 

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pair of shoes bed or couch. 
In terms of the operations of 

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day-to-day life. 
We are becoming more equal 

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increasingly. 
We everyone even those in third 

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world countries have access to a
smartphone, which can reach the 

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internet and all the education, 
art music, culture, and social 

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media that everyone else has 
access to a rich person has a 

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flush toilet. 
You have a flush toilet, a rich 

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person has water coming out of 
his Taps. 

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You have water coming out of 
your TAP. 

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So rich person has electricity, 
you have electricity. 

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You can afford soap, you can eat
fruit. 

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That is flown in from all over 
the world in every season, the 

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richest Lord, in the world. 
A A hundred years ago couldn't 

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even dream of the luxury that 
people who are considered 

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impoverished in First World 
countries live in. 

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Competing for resources under a 
socialist regime. 

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Burgess admits to wanting to 
place institutions like Banking 

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and finance, utilities 
Healthcare. 

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And Lord knows how many others 
under so-called Democratic 

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control in the name of 
egalitarianism, but we have to 

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wonder how the masses are going 
to vote on how the public gets 

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access to telecommunications 
while still serving the user 

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ultimately private business 
owners are answerable. 

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To the consumer. 
It might look like they get to 

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boss everyone around and make 
decisions. 

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But if someone does a better, 
they are out of luck. 

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They will be replaced by a 
competitor. 

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Removing. 
The market does not solve the 

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problem of competition. 
If this is indeed a competition,

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there will still be plenty of 
competition for government 

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contracts and favored positions.
Even once institutions are under

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Democratic control. 
Ultimately someone is going to 

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have to make decisions. 
When it comes to who gets what 

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and they will wield a 
disproportionate dare. 

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I say unequal amount of power 
and likely will get rather a lot

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more than most people excellent 
point by samaroff. 

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Your what is democratic 
politics. 

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If not? 
A bunch of liars competing with,

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who has the best rhetoric to 
convince millions of ignorant 

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people to vote for them instead 
of the other person. 

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Ultimately, it is true that the 
more dollars you have on a free 

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market, the more votes on what 
is produced. 

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And by whom you get, but as I've
explained, the excessive wealth 

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of the rich is not stored under 
her mattress. 

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The only way they can keep it is
if they invest in things that 

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serve the public by creating 
better products and services. 

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If they invest in lines of 
production, no one wants, they 

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will lose the investment in this
way. 

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The market to the extent that 
is, it is indeed a free market 

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with only mutually, agreed-upon 
exchanges, forces and alignment 

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of the interest of those who 
possess the The wealth with 

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those of the consumers, the 
consumers decide what the rich 

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have to invest in to stay rich 
with their votes, Jean, Jean 

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Epstein mentioned over and over 
in the debate. 

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That those who make up the ranks
of the working class control, a 

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disproportionate amount of 
consumer spending and therefore 

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have a more equal say in how our
society functions than most 

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people would think the issue of 
health care. 

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We can pick the market. 
And socialism in the most 

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seemingly inegalitarian case, 
which is the economics of life 

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and death, namely Healthcare in 
a debate with me, Burgess 

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expressed horror that on a free 
market. 

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A rich person could buy their 
way to the front of a queue for 

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life-saving treatments. 
And said it would be better. 

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If the state ration these 
things. 

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This seems to make sense. 
If we take a steady-state view 

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of the economy, but economies 
are not fixed. 

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Suppose. 
There was only one surgeon who 

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could perform the operation 
allowing the highest. 

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Better to get first access to 
the surgeon. 

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Would bring so much money in 
that. 

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It would be possible to 
calculate. 

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How much time the surgeon should
be performing operations for the

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very wealthy and how much time 
he should spend teaching others 

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to perform the same procedures. 
It would send out a signal to 

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all other surgeons, the issue of
health care. 

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We can pick the market against 
socialism in the most seemingly,

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in egalitarian case, which is 
the economics of Life and death,

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namely Healthcare in a debate 
with me. 

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Burgess expressed horror that on
a free market. 

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A rich person could buy their 
way to the front of a queue for 

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life-saving treatments. 
And said it would be better. 

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If the state ration these 
things. 

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This seems to make sense. 
If we take a steady-state view 

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of the economy, but economies 
are not fixed. 

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Suppose that there was only one 
surgeon who could perform the 

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operation, allowing the highest 
bidder to get first access to 

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the surgeon. 
Would bring so much money in 

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that. 
It would be possible to 

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calculate. 
Calculate how much time, the 

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surgeon should spend performing 
the operation for the very 

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wealthy and how much time he 
should spend teaching others to 

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perform the same procedures. 
It would send out a signal to 

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all other surgeons, that this is
a desperately needed 

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specialization and that they 
should stop what they are doing 

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immediately to train up in the 
new style of operation. 

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In the long term. 
Far more people would have 

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access to the procedures at an 
affordable price. 

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Then if the state Merely 
rationed out access to places in

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the latter case waiting less 
would be huge and people would 

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die for want of qualified 
surgeons. 

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A strange form of Equalization 
tends to occur over time 

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whenever the market is allowed 
to function is access to 

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Healthcare in the u.s.a. 
Unequal at the moment, you bet. 

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But this is only because the 
market is not allowed to 

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function. 
So on top of things, like, 

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Medicare Medicaid, the FDA 
occupational, license, sir. 

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All these major aspects that use
coercion to violently, stop 

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people from engaging in 
voluntary exchanges, which would

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lead to more competition and 
lower prices in the long run. 

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We actually have examples of 
Cosmetics, decreasing in price 

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over time. 
This is according to the 

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foundation for economic 
education, for the top 10, most 

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popular cosmetic procedures, 
displayed above for the last 

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year. 
None of them is increased in 

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price since 1998, more than the 
Point two percent increase in 

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overall consumer prices, meaning
that real inflation adjusted 

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price of all ten of those 
procedures has fallen over the 

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last 18 years for the three, 
most popular procedures in 2016.

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Botox, laser hair removal and 
chemical peel. 

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All, non-surgical, cosmetic 
procedures. 

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The nominal price for each has 
actually Fallen since 1998, by 

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large double digit percentage, 
declines of 11.3% 21.7%, and 

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Thirty four point, eight percent
respectively. 

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So one of the main things under 
government or Democratic 

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control, is the police are the 
police, like really equal, do 

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they listen to me? 
Just as much as they listen to 

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Congress. 
I mean, surely Congress, they 

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work for me. 
I'm basically the boss. 

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I should be bossing around the 
policeman telling them not to 

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resist me. 
And whatever I say they have to 

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abide by, or I'm going to shoot 
them if I see their hands moved 

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too quickly, of course not. 
This is a joke. 

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It has nothing to With 
egalitarianism, the government 

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has a right to make executive 
orders. 

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And if you don't follow them 
they cage you and shoot you. 

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If you resist and that's 
equality to the been Burgesses 

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of the world. 
What a fucking joke. 

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That is why at first hardly 
anyone could afford a computer. 

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But because the greedy Rich 
opted for exuberance, rather 

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than charity buying expensive 
computers rather than giving 

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away their money to the poor. 
The companies that made those 

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computers could afford to fund 
the research that led to 

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relative supercomputers that you
are reading this article today 

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on affordable to you the title 
of the article. 

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I mentioned earlier from the 
foundation for economic 

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education is if Eric surgery has
a working Market. 

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Why can't Medical Care? 
The example, on the left I used 

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is Gordon, gekkos phone in Wall 
Street. 

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So in the late 80s, this is the 
fat cat. 

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This is the guy with all the 
money has a cellphone that none 

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of us would be caught dead with 
today. 

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Of course, we could see progress
in all spheres of influence, 

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where the state does not have a 
monopoly. 

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So, if we look at things, the 
market provides, you can 

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actually develop a concept of 
trickle-down Economics where 

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over time people, in lower 
income brackets, get access to 

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products and services that a few
Generations ago, only the rich 

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had access to and when they had 
access to them, they were of 

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lower quality. 
So things like books. 

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For example, a lot of people had
access to books throughout 

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history, but what percentage of 
people had access to the 

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information, the average person 
has As a causal result of 

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Wikipedia and Amazon books, and 
the Khan Academy and mises.org. 

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I mean, there's there's an 
incredible amount of, you know, 

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what you could call a quality, 
even though equality is not even

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desirable. 
But let's just look at food and 

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beverages at your local grocery 
store. 

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You can go to restaurants that 
strictly cater to people in 

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lower income. 
Brackets. 

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Subway isn't thinking how do we 
get Elon Musk to eat here? 

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Well, he's only one guy, you 
wouldn't even you'd hardly make.

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Any money, the goal is for there
to be appeal to mass consumers. 

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Things like, you know, alarm 
systems for your house property 

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protection. 
One of the most important things

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in life. 
We actually have a lot of data 

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to back this up. 
This from Stephen Moore of the 

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Wall Street Journal. 
He wrote a book called, who's 

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the fairest of them? 
All the truth about opportunity 

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taxes and wealth in America. 
What he does is he looks at the 

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percentage of households that 
own, these items, all households

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in 1970 and then pour, 
Households in 2005, the items he

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focuses on our washing machine 
clothes dryer, dishwasher 

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refrigerator, stove microwave 
color TV video cassette DVD, 

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00:11:48,000 --> 00:11:51,200
personal computer, telephone 
cell phone and air conditioner. 

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00:11:51,200 --> 00:11:54,500
He actually sites to Dallas, 
Federal Reserve, Census Bureau 

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data. 
And what we see from this is 

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that in every case of these 
vitally important things, as a 

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causal result of there, being 
more of a free market in these 

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areas more poor people into 2005
had access to these products and

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services, then all people in 
America did in 1970. 

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So here is a competing concept 
of equality. 

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All persons have a duty to 
engage in only voluntary 

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exchanges with others and have 
the right to not be de frauded, 

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or aggressed against where's 
inequality could be described as

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a small group of people called 
government having the right to 

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roll, hundreds of millions of 
strangers, with the threat of 

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caging all, who disobey their 
arbitrary Commandments. 

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I think one of the great lies, 
is that if the That does it. 

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Well, that's what we all have in
common were all involved with 

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them. 
Therefore. 

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We'll all get equal access. 
If the state control something 

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like Health Care. 
Well, the state currently 

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controls education. 
Does that mean everyone is 

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guaranteed in education now, so 
if the state monopolizes 

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coercively funds and guarantees 
Healthcare doesn't mean you're 

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going to get Healthcare in Cuba,
they have, you know, all these 

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guarantees, but you have people 
escaping their on trash rafts to

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get into a more for you. 
Market Society of America. 

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00:13:18,200 --> 00:13:21,000
Finally, I'd like to quote 
Larkin Rose from his book. 

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The most dangerous Superstition 
if human beings are so careless,

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stupid and malicious. 
That they cannot be trusted to 

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do the right thing on their own.
How would the situation be 

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improved by taking a subset of 
those? 

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Very same careless, stupid and 
malicious human beings and 

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giving them societal permission 
to forcibly control. 

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All the others. 
Thank you for watching Keith 

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Knight. 
Don't tread on anyone and the 

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libertarian. 
Toot.