Message from @Deleted User
Discord ID: 546783121341677569
Namely that the principles of liberalism and freedom came first
Then they developed into economic policies that brought capitalism
I think the actual issue is the principles, but not the economic system
Or rather
Allow me to go to more ancient example
Greek vs Roman definitions of freedom
Capitalism didn't truly arise as an ideology until the mid-1800s though. Before that, it was just free markets. The American capitalists really set the stage for modern capitalism and its excesses resulted in the largest and most destructive revolutions in history. People were dying to avoid the coming capitalist future. Germany, Italy, Spain, etc chose the third position, the East chose communism.
Obviously the results of a concept are not an argument against it in principle, but it's something to consider. Real Capitalism™️ is as much a pipe dream as Real Communism™️
Well the cause of those revolutions was by and large the market collapse
Which could be attributed to capitalism in some ways
Caused by speculation and the abuses of big capitalists
But had many other issues too
Agreed
Yeah, speculation was a huge issue
Massive
It was complex, but the early twentieth century is a story of the collective horror of what the future would bring
And people readily chose to uproot the societal order several times before they let the bankers take control of their nations.
True
Again, I'm a fan of the efficiency and freedom of free markets, but I will never identity ideologically with capitalism. The market is a tool to be used to promote the welfare of the people, whether it's left to its own devices or state controlled down to the last dotted i
Of course, giving all the power to the bankers is inherently against free markets lol
Of course my argument is that is where it inevitably ends up.
Yeah, and on that I would beg to differ that free markets and capitalism lead to that
A fair position.
Mostly because I don't see history naturally culminating in that without a specific cause
Notably, outside the US
I am not ideologically tied down in economics like I am in social issues so I am certainly amenable to your views
Yeah, I see your same ideas often in the far-right
I just think people don't know econ history outside the US
I study econ at uni so I kinda have to learn this stuff
That's a good point. I don't know about foreign econ at all except for the Austria school
Outside the US as in the history out of the US, not that people outside the US don't learn history lol
Yeeeeeeeeee, Austrian school
I do know foreign history quite well though
And maybe Keynes
But he was a Jewish controlled psychopath of an economist though so I still tend to oppose him.
My phone's dying so I'll jump back on after it charges a bit
Keynes sucks
Cool
Yeah, in Africa, free markets have really helped them make progress (in the areas they actually get applied).
On an earlier point, Greek vs Roman freedom
Greek freedom is freedom to govern oneself (this is imo a really good approach to freedom and should allocate resources efficiently). Roman freedom is freedom to do as you please (this is what we have rn, and it actually doesn't allocate efficiently).