Socialism is Coming: Owen Jones Debunked Part 1 - YouTube

Channel: Libertarian Scot

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„Der Sozialismus kommt.“ Lassen Sie uns nicht zu den Menschen liegen, Owen Jones, wir alle wissen, dass der Sozialismus
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ist bereits hier. „Unsere alte soziale Ordnung ist überall um uns herum zusammenbricht. Nennen Sie es Neoliberalismus,
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nennt es freien Marktfundamentalismus.“Sie diesen Begriff Neoliberalismus, wie Sie so viel verwenden können
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wollen, ist es ein Begriff aus, es ist etwas, das gar nicht existiert und wenn Sie sich beziehen
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auf den Übergang zum Kapitalismus, würde ich kaum eine Wirtschaft mit starkem Korporatismus nennen,
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starke staatliche Regulierung über den privaten Sektor als eine Art Übergang zu
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ein freier Markt. Man könnte argumentieren, dass es nicht regulierte Märkte mit Blick auf, was führte
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Jedoch auf die Bankenkrise, ist auch das zutiefst fehlerhaft, da die FSA (Financial Services
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Authority) gesteuert, um die Banken britischen Vorschriften zwischen 2001 und 2012 und sogar ihr Handbuch
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war mehr als zehneinhalb tausend Seiten in Verordnungen lang. Sind wir zu einem freien
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Marktwirtschaft? Nein, denn wir haben ein zentrales Bankensystem, eine, die kontrolliert und manipuliert
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Zinssätze, ändert die Reservesätze und natürlich druckt FIAT Währung aus
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dünne Luft. Um einen freien Markt braucht es freien Markt Geld zu haben, die getroffen wurde aus
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wir waren, das Gold und Silber. Wir sollten die Zinsen, die durch die Gesetze der eingestellt werden
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Angebot und Nachfrage frei auf dem Markt. „Die Ordnung der Privatisierung, der Deregulierung ...“
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So, you say there is an order for deregulation, so, basically what you have done is you have
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conceded to the fact there never was a deregulated economy. There is an order for deregulation,
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because it's that which will free the economy up, open up fierce competition in the marketplace
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and consumer choice and it's that that prevents the monopolies from forming. You don't want
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that, however, you want to remain within this current system. Well, no, you don't actually,
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let's be more accurate to be fair to yourself, you want Marxism and by Christ that's even
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worse than what we have today, that's asking for Venezuelan style poverty and food shortages.
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"of low taxes on the rich and big business..." Low taxes on the rich and on big businesses
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is not so much a bad thing, it was never really the fault of big business to start with, big
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business is a positive thing to the economy and the history of Standard Oil pretty much
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proves that. It's to do with the fact that the current system in a free market they wouldn't
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have that same opportunity and the history of Standard Oil could not be clearer on that
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very issue, just look at how they were forced to continue on driving down their costs because
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of competition, after all, their main competitor was the producer and seller of the electric
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light bulb. "it is failed to provide a decent and affordable housing." I've got to laugh
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at this one. All thanks to your government intervention that has restricted supply and
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thanks to all your wonderful welfare statism, wonderful social security, all your wonderful
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free goodies, we were forced to pay for that by compensating, by cutting back elsewhere
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in the economy and raising the costs of living. Most importantly, however, is the very fact
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that we are faced with about 350,000 people flooding into this country every year and
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therefore, the supply of housing cannot keep up. Now, if you understood the laws of supply
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and demand, you would understand the very reason why the costs of housing basically
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soared. It soared as a result of not just all your socialist welfare statism and social
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security, it soared through the roof because people such as yourself seem to believe we
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can have a welfare state at the same time as having an open door immigration policy.
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"the increasing living standards, the world class services that should be the birthright
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of every single citizen..." You mean those world class services such as the NHS which
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left countless thousands of people in neglect every single year which has been famous for
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not just the massive big long waiting lines, but famous for all the waste that it's caused,
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because it's been faced with the economic calculation problem which you don't understand?
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"of one of the wealthiest societies that has ever existed." I'm sorry to tell you, but
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just because you spend a lot of money, does not make you wealthy. The fact that you're
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sitting more than £8.6 trillion in debt does not make you wealthy. That's a bit like me
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saying, yeah, I'll borrow money, I'll put myself in debt, I'll go out and buy myself
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a Ferrari and a big massive mansion, I'll live in it and pretend I'm wealthy. The fact
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of the matter is, it's borrowed money, it's debt and that's essentially it, Britain has
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been broke since the end of the first World War, never let alone the second World War.
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So, where you got this idea from that we're somehow wealthy is beyond belief. How could
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people such as yourself get to that conclusion that £8.6 trillion debt is wealth. "gives
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us rip off and inefficient utilities like the railways, like energy..." You mean those
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inefficient utilities such as the British rail today which is faced with much government
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intervention that's caused the costs to soar through the roof because there's not enough
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privatisation in the marketplace. "Dogma that put profit ahead of a wider social good."
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Ah, it's the good old 'it'll put it ahead of profit'. I'm sorry to tell you, but, if
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you honestly think you can run a society without the profit motive, it's just completely delusional.
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Now, we've looked at recorded history, we've seen what your socialism did all over the
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African continent after it flirted with Marxism and Leninism; we saw what it did in the Soviet
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Union; we saw exactly what socialism did in China; we saw what it did in Cambodia; we
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saw what it did in Cuba; we saw what it did all over the South American continent, in
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fact, Argentina faced two defaults in the space of a decade. How you can draw to the
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conclusion that your socialism will bring it all into the hands of the people like you
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always, it's always this rhetoric about it's always in the hands of the people, it's workers
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control over the means of production. Yeah, where have we ever seen that? And the fact
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of the matter is, even if you did want to make that argument, you're still faced with
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two problems: (1) you're going to have to control prices or (2) you want your moneyless
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based economy, now, either side of that argument whether you have a moneyless based economy
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or an economy where you want to control prices, you're faced with the economic calculation
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problem and that means that as a result of your price controls or the lack of information
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of prices through a moneyless based economy, it means without the information of profits
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and losses, you're faced with the misallocation of valuable scarce resources. Now, tell everyone
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how you propose to provide the people for what they need and want when you don't even
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know what scarce and what is not; what valuable scarce resources to use and what not to; where
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to allocate them, where not to and even what to invest more in and what not to. If you
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don't hold the information of profits and losses, you may as well forget it and if you
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don't understand that, then pick up an economics textbook because it seems to me you've never
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touched one. "Socialism, it means building on successes that already exist, the national
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health service..." The National Health Service, you honestly called that a success, that soared
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through the roof because they centralised it and because of an extremely high demand
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because everyone was getting healthcare, well, that's what they said and as a result of that,
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the cost soared through the roof. So, what did your wonderful government try to do to
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rectify the problem of a soaring healthcare cost? Ah, that's right, it pulled off a Venezuela,
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it pulled off a government price ceiling. If you don't know what that means, it means
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they artificially (keyword there is artificially), they artificially lowered the cost below market
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value and it caused a shortage. Absolutely fantastic, that was absolutely brilliant and
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what happened? The cost just kept on soaring, so much so that your NHS is costing more than
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£108 billion per year. Before you tell everybody about the United States of America and their
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healthcare costs, just remember that when it came to the United States of America they
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were faced with three problems; the American Medical Assosciation Monopoly, granted by
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the U.S. government; the over regulation of the private sector and of course the Third
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Party Payer system, which has got nothing at all to do with a free market because a
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free market is all about consumers shopping around freely for what they wish to have and
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private providers being in fierce competition to provide and there is a straight transaction
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between the consumer and the provider. This is absent from the American healthcare system
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and has been absent from the American healthcare system for arguably more than a hundred and
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ten years. So, don't even bring the United States of America into that argument.