"Rich people don't deserve to have that much at the expense of others... " #Quote #Comment
@martiendejong8857

#Unfair #System #RichPeople #Money #Finance #Bank #Capitalism #State #Private #Ownership

https://invidious.jing.rocks/watch?v=bjZLp8bh_RI

Video: Appreciating Capitalism by Larken Rose

➡️ If anyone reading this thinks they know what #CAPITALISM is then read the comments on the page or comments I copied below - it's confusing and always another thing to consider or meaning!

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FULL COMMENT WAS:
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Omg Larken I hadnt expected you to say something this stupid. And with so much conviction. I hold you in very high regard but this is just wrong.
Rich people dont deserve to have that much at the expense of others.
If I wanted to I could build my own car or laptop from scratch. Without any capitalism involved because people are sharing the designs (the means of production) on the internet. And capitalists are sueing them for it.
The people who invented the ideas and made the stuff are almost never the people profiting from it.
And even if they were they dont deserve 5 houses and 10 ferraris.
What you are explaining is free markets and in capitalism markets are not free.

3 weeks ago (edited) | [YT] | 9

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OTHER QUOTES
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@LarkenRose
"capitalism -- an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market" - Merriam-Webster Dictionary

3 weeks ago | [YT] | 12

⭐ @sabman3321 [ synergistic relationship? ]
​ @LarkenRose Your statement is true, but why are you ignoring that it's a synergistic relationship? That's like me crediting YouTube for YOUR content.

Without YouTube distributing your content nobody would see it. This is also a true statement. YouTube could start saying "WE MADE YOU". But, what is the platform without its content creators?

I appreciate the work you've done. You've helped open up a lot of people's minds. But, I'm not getting the bigger picture here. If we accept this premise, what are you building towards teaching us?

2 weeks ago | [YT] | 4

@huckleberryfinney4393
⭐ And only the first statement is objectively honest. Oh, and the inventor one, I guess.

⭐ I have never seen a project completed without a budget. Someone has to finance it.

2 weeks ago | [YT] | 1

⭐ @NarcArtTherapy
You are so right. For me, free markets allow for lots of exchanges, that debt corporatism almost never does. Such as barter. Free markets mean you can use any medium of exchange that the parties deem of benefit. That's freedom. I have something, you have something, let's both get what we want/need. Capitalism isn't just technology being available it's also individual enterprise. It's the only system that allows people to fill the vacuum between rich and poor. The middle class is a buffer against tyranny.
3 weeks ago (edited) | [YT] | 9

@sabman3321
⭐ The real question is without a financial incentive, would these guys come together and build things that changes society? You need the entrepreneur types, the investors (i.e. the capital), and the engineers to come together in order to mass produce products that "enrich" the people's lives.

2 weeks ago | [YT] | 2

@SlipperyCunt
@LarkenRose I knew the concept would be over your head.
to suggest people who struggle to pay rent and energy bills are richer than kings a few hundred years ago is the most shallow minded thing I have ever heard.
you do understand that millions of people would not survive without welfare payments right ?
welfare being A SOCIALIST POLICY !

you are not a serious person at all.

3 weeks ago | [YT] | 4

@SquarePeg-
I mean I'm not against capitalism, but you're really missing a huge part of the reason it can be considered unjust. How did the first person to obtain property get it? They obviously didn't buy it which undermines the entire position. Secondly, due to inflation which is a necessary component of capitalism, it gives people that are born before you an advantage. So you can appeal to the " you have nice things because rich people" but you can never really make a claim that those who are rich have more merit than poor people. So no I don't think rich people deserve gratitude. They just happen to be rich. but you did a good job sidestepping the moral issues by doing a utilitarian analysis and then trying to dismiss the moral claims, in the most condescending way possible.

1 week ago | [YT] | 5

@sabman3321
So you have the Entrepreneur->Idea, Investor->Capital, Engineer->Builder. This is the "holy trinity" that actually enables us to have nice things. Yet, we want to give all the credit to the investors? I don't think that's how it works. You'll always have investors lining up if there's money to be made. Think about what money actually represents. LABOR. Just like Steve Jobs (Entreprenuer) and Steve Wozniak (Engineer) needed Investors (Capital->LABOR). Who even invested in Apple to allow us to have modern computers? I don't know, but I know Steve Jobs and Steve Wozniak.

2 weeks ago (edited) | [YT] | 2

@sabman3321
Capitalism -> The wealthy are reason you have nice things
Statism -> The government is the reason you have nice things
Monarchy -> The King is the reason you have nice things
Religion -> God is the reason you have nice things
Inventor -> I was just trying to do something cool and make a name for myself
3 weeks ago | [YT] | 5

@mentally_illest_radio
I like to call it just the free market because the word capitalism is so mixed up with the coercion of government and government service monopolies. But i guess we should take back that word too if it doesnt include that.

3 weeks ago | [YT] | 24

@margotkeulen1086
Free market anarchist! ❤🎉

@mentally_illest_radio
abolitionist

@RobertBlahunka
Property Rights.

@La_Hoja_Verde
Any thoughts on the C4SS/"free-market anti-capitalist" stances that what we describe as "capitalism" is a system of state privilege and extortion and ultimately foreign to true free-market voluntary exchange?
3 weeks ago | [YT] | 4

@damiendeecee
Just have a look at the dictionary definition of capitalism. It's simple: private ownership of the means of production. Larken uses the universal definition.
3 weeks ago | [YT] | 2

@CarsonKevin
He trots out the right-libertarian "That's not capitalism it's corporatism/cronyism" cliche like he just thought of it himself.
Rose: Any form of business enterprise connected with the state isn't really capitalism.
Also Rose: The tech industry and Internet -- developed almost entirely through state-funded R&D -- are an example of the achievements of capitalism.
Apparently this man is incapable of speaking two consecutive sentences that don't directly contradict each another.
3 weeks ago | [YT] | 6

@CarsonKevin
@LarkenRose Yeah, I know making up ridiculous shit doesn't make it so. Hence my response to your video. If you thinking up my statement about the Internet, you obviously know very little about the history of the Pentagon's involvement in funding tech industry R&D and developing ARPANet. There's a whole body of work by technological historians like David Noble on the role of the Pentagon in developing miniaturized technology.
And dictionary definitions don't trump actual history. The word "capitalism" was coined in the 19th century in reference to the actually existing historical system of capitalism -- the economic system that succeeded feudalism in the early modern period. It wasn't recuperated by people like Mises and Rand, as a synonym for a "free market" system, until the early 20th century. It's still used in the original sense by historians, and basically everybody but ancaps and right-libertarian polemicists.
3 weeks ago | [YT] | 4