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14 Jul 2020 11:59:23 UTC
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Jeremy Corbyn Economics—Labour Party Economic Policy
Jeremy Corbyn economics consists of raising tax rates, increasing the size of the public sector which pertains to the Labour Party economic policy and is why it will lead to economic destruction in Great Britain. In this video on Jeremy Corbyn economics, I explain why his views on the economy would drive Britain into hyperinflation. As I explained, money only comes from two places and without a strong private sector to finance all his pie in the sky promises, he would be left with no option but to run the printing press which would lead to economic disaster.
Through the Labour Party economic policy under Jeremy Corbyn economics, not only would the inflation be driven up through the devaluation of the paper currency, but also due to a lack of productivity due to the higher tax rates. You cannot claim to be for the working class whilst driving unemployment levels up whilst increasing inflation. Also, through price controls which he would be destined to attempt, it would result in shortage and surplus waste problems, Britain would fast move in the direction to becoming something akin to socialist Venezuela and instead of accepting responsibility for their own problems, they would simply blame it off elsewhere, that's the story of socialism.
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https://www.youtube.com/watch?v=tozv9EB7hD4
Through the Labour Party economic policy under Jeremy Corbyn economics, not only would the inflation be driven up through the devaluation of the paper currency, but also due to a lack of productivity due to the higher tax rates. You cannot claim to be for the working class whilst driving unemployment levels up whilst increasing inflation. Also, through price controls which he would be destined to attempt, it would result in shortage and surplus waste problems, Britain would fast move in the direction to becoming something akin to socialist Venezuela and instead of accepting responsibility for their own problems, they would simply blame it off elsewhere, that's the story of socialism.
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https://www.youtube.com/watch?v=tozv9EB7hD4
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THE B
the-biggest-myths-about-socialism-6
The age-old argument on the Libertarian Socialism Oxymoron. My short response to the biggest myths about socialism on socialism and why socialism cannot work and why socialism fails relative to why it cannot avoid totalitarianism is somewhat related to previous parts I mentioned on the economic calculation problem and knowledge problem, however, most importantly, it requires authoritarianism to ensure individuals do not seek their own self-interest.
Noam Chomsky doesn't seem to understand the difference between what you have in theory to what you put into practice and the reason socialism theoretically is deeply flawed is that it not only defies human nature, it defies the laws of economics.
You cannot strip individuals of their individual rights and liberty, take away a government and then expect private ownership to stay out of sight as I've explained in this video.
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https://www.youtube.com/watch?v=QmZTgVi-Wfs
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REFUT
refuting-kyle-kulinski-libertarian
Kyle Kulinski has the typical anti-capitalist/anti-Libertarian mentality where he assumes that Libertarianism must mean there are no rules and everything is a free for all. In their mindset, only the existence of government can regulate, however, as you will see, Kyle completely ignores the fault of government for problems on the roads. In fact, he goes as far as to completely exonerate the government of the blame and acts like the governments regulation is the great saviour.
In my argument, whilst his argument may sound reasonable regarding the Ford Pinto example, he ignores the principle of it that the consumer should have the freedom to choose. If anything significantly reduces the death toll on the roads it would be down to a free market as Kyle Kulinski completely overlooks the problems created through government mismanagement.
In this video, I point out the reasoning for such government negligence, which you can see from the potholes, etc and why private roads would improve due to the risk-reward nexus. This correlates with the argument on the Ford Pinto as it would significantly reduce road accidents.
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https://www.youtube.com/watch?v=zrEV0f1asKo
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VIDEO
THE B
the-biggest-myths-about-socialism-moral
The next argument I made was on the moral argument in response to the biggest myths about socialism. It's not just the reasons for why socialism fails that people do not understand but also from a moral standpoint of view, a lot of people don't realise that socialism requires force which is why a defining ethic of socialism is coercion.
The moral argument against socialism is that it requires force to remove individuals of their rights and property without their consent whether through taxation for wealth redistribution or forcibly removing them from their private property in the name of public ownership. Under socialism, the rights of the individual are forcibly removed in the name of placing the rights of the group upon the individual.
It is for this reason you can talk about how generous socialism is, however, in practice it leads to the exact opposite of people's good intentions. Furthermore, you cannot cover up the immorality of the use of force to force people to provide as it defeats the whole purpose of what being generous is all about. It is in my opinion, that being generous is about giving through voluntarism, not through coercion.
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https://www.youtube.com/watch?v=Buh5gX0-LVk
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VIDEO
DEBUN
debunking-polidice-arguments-against
In response debunking Polidice on his video titled: 'Debunking 20 Arguments Against Social Democracy' I cover my own arguments against social democracy. In this first part I cover Sweden setting the example of the economic failure of social democracy.
It is important to note that the Scandinavian economies are social market economies, this differs from the common belief of social democrats as they typically believe in strong government regulation over the private sector. The historical example I have given of Sweden setting the example shows that socialism is a disaster no matter how much of it you try to implement into the economy, whether it's full-blown Marxism or even the mixed economy.
I covered previously on the topic issue of what social democracy is with a bit of history which you can check out here:
• https://www.youtube.com/watch?v=fVSSjtd9yvs
the video about social democracy covers why social democracy eventually leads to people crying out for more and more socialism.
The argument I covered in both parts on the economic calculation problem can be found here:
• Part 1: https://www.youtube.com/watch?v=mVbbFVKWdhI
• Part 2: https://www.youtube.com/watch?v=bFoqXD_o6Wc
As I have shown by example in this first part video, universal healthcare is a disastrous failure and the NHS is no exception to this, you cannot make socialism work, not even in a mixed economy. This pertains to the price mechanism problem which is the economic calculation problem.
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https://www.youtube.com/watch?v=64RsFIm0fpw
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VIDEO
CORPO
corporatism-crony-capitalism-cronyism
WordPress Blog: https://thescotandscotland.wordpress.com/2015/07/17/corporatism-cronyism-definition/
Corporatism, otherwise known as Cronyism or Crony Capitalism is one of the most misunderstood ideologies that exists to this day, people often confuse Capitalism with Cronyism and in this video I seek to give the Cronyism definition to give people a clear understanding as to what Corporatism is, the differences between Capitalism and Cronyism as well as what can be done to prevent Corporatism.
Corporatism gives rise to monopolies through government intervention and in this you will even learn about a brief history of Standard Oil and the monopoly myth and what benefits big business can have to the economy. People confuse Cronyism as something that stems from free market capitalism which actually couldn't be farther from the truth. I feel this is vitally important information to help people understand the rights and wrongs about Cronyism to give people a better understanding about Crony Capitalism.
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https://www.youtube.com/watch?v=mbkC5Fc-Aio
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VIDEO
NAZI
nazi-germany-national-socialism-redscare
RedScare TV thought he could debunk my video On the Nazi Germany Top 10 Reasons why Nazi Germany was Socialist. In this first video part I point out what defines Socialism as I had initially pointed out the word Nazi is abbreviation for Nationalist Socialist. As I point out from the definition of Socialism you will see why National Socialism was really just another variant of Socialism.
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https://www.youtube.com/watch?v=xH7A1ZdFVps
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VIDEO
ALEXA
alexandria-ocasio-cortez-what-she-doesn
Alexandria Ocasio-Cortez was recently elected in the midterm elections for the state of New York, a self-prescribed Democratic Socialist, what she doesn't know about Democratic Socialism is the inevitable consequence of the centrally planned economy, it leads to the very self-serving government she claims to be against.
As I have explained, Alexandria Ocasio-Cortez means well, she has good intentions and seems like a really nice person, however, she doesn't understand that with her good intentions follows consequences for her actions.
You can learn more about Democratic Socialism and why Socialism cannot be democratic in this video here: https://www.youtube.com/watch?v=PZ9CzoqDq54
You can also check out my argument on the economic calculation problem which correlates to why Democratic Socialism is an oxymoron here: https://www.youtube.com/watch?v=w6i6JMFWIOc
We can see that Alexandria Ocasio-Cortez means well by wishing to provide healthcare for everyone showing her concerns for the current healthcare costs, as well as wishing to provide free service for education, etc, however, what she doesn't know is where the money comes from to pay for all of these things.
Being from Great Britain that went through the prolonged testing of Democratic Socialism that was a disastrous failure in every regard leaving Britain to become known as the sick man of Europe, I can safely say it doesn't work and I provide an informative background on this here: https://www.youtube.com/watch?v=_OZBVdKqNus
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https://www.youtube.com/watch?v=bsd63j8_JWU
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VIDEO
HONG
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The issue with the Hong Kong housing crisis as I explain, is to blame on the government intervention, as you will see, Hong Kong before and after 1997 is a stark contrasting difference. I also explain why house prices are so high and in relation to the common argument you will hear from critiques blaming the free market for people living in caged housing.
When it comes to prices, people often confuse high prices as greed, but as I explain, it is in relation to do with the laws of supply and demand, which explains why house prices are so high that led to the Hong Kong housing crisis. People need to remember that Hong Kong is only a tiny small spit of land and heavily relies upon land filling in order to expand their land to build more housing and as I have explained, the government's intervention has created this problem.
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https://www.youtube.com/watch?v=sIedUifXGj4
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VIDEO
ECONO
economics-of-climate-change-climate-2
The economics of climate change is arguably a very serious argument and in my opinion it is the most important argument and the case I make for my argument is that climate change is anti capitalism. Capitalism and climate change is so heavily correlated simply because a great many people are ignorant of what capitalism is, the subject of economics and even economic history for that matter. Climate alarmists would like to have you believe that we live under some sort of a capitalist system and it's that ignorance that is troublesome.
In order to tackle problems with the environment, as well as over resource usage, one would have to have some level of understanding of the economics of climate change and it just so happens to be that the entire agenda behind the movement proves that climate change is anti capitalism.
The anti capitalist hysteria stems from a great many who are ignorant of history, for example; the failure to comprehend why and what caused the Great Depression, as well as the failure to comprehend why the Banking Crisis occurred and what led to the crash in 2008. If one does not understand, it is easy enough to point the finger and blame capitalism and what you find today are a great many who do not understand the difference between capitalism and corporatism.
The purpose of my video on the economics of climate change, relative to the anti capitalism is to point out what the real agenda is behind the movement. One only needs to look at the protests and Extinction Rebellion are more than certainly a symbol for that. But as I argue, socialism has proven to be a complete disaster for the environment, whether that being the Soviet Union or any other socialist regime for that matter. It is also important to note that inefficiency in the private sector stemming from socialist government subsidies is not a fault of capitalism, but a fault of government intervention to begin with.
Therefore, the reason the economics of climate change is based off Anti Capitalism is because they view capitalism as the primary problem. However, as I've argued, if they were looking for real world solutions to problems, why do they stare in the face of the failure and disaster socialism has caused to the environment? The answer is simple: they aren't really that interested in the environment, at least a certain 'group' aren't.
I see plentiful arguments refuting climate change by many scientists, etc and there is plentiful information out there to back that evidence, therefore, I don't need to provide much in that argument, but for me, it is important to fight in defence of capitalism, to put the Anti Capitalist hysteria to bed as without capitalism, your life would be a living hell. Whilst we may not live under a capitalist system, at least capitalism's prese
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https://www.youtube.com/watch?v=0h-MMs7GUwc
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