Message from @Deleted User

Discord ID: 546783121341677569


2019-02-17 19:50:00 UTC  

Namely that the principles of liberalism and freedom came first

2019-02-17 19:50:13 UTC  

Then they developed into economic policies that brought capitalism

2019-02-17 19:50:27 UTC  

I think the actual issue is the principles, but not the economic system

2019-02-17 19:52:47 UTC  

Or rather

2019-02-17 19:52:56 UTC  

Allow me to go to more ancient example

2019-02-17 19:53:06 UTC  

Greek vs Roman definitions of freedom

2019-02-17 19:54:37 UTC  

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™️

2019-02-17 19:55:25 UTC  

Well the cause of those revolutions was by and large the market collapse

2019-02-17 19:55:37 UTC  

Which could be attributed to capitalism in some ways

2019-02-17 19:55:40 UTC  

Caused by speculation and the abuses of big capitalists

2019-02-17 19:55:45 UTC  

But had many other issues too

2019-02-17 19:55:48 UTC  

Agreed

2019-02-17 19:55:52 UTC  

Yeah, speculation was a huge issue

2019-02-17 19:55:57 UTC  

Massive

2019-02-17 19:56:15 UTC  

It was complex, but the early twentieth century is a story of the collective horror of what the future would bring

2019-02-17 19:56:55 UTC  

And people readily chose to uproot the societal order several times before they let the bankers take control of their nations.

2019-02-17 19:59:50 UTC  

True

2019-02-17 19:59:56 UTC  

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

2019-02-17 20:00:08 UTC  

Of course, giving all the power to the bankers is inherently against free markets lol

2019-02-17 20:00:37 UTC  

Of course my argument is that is where it inevitably ends up.

2019-02-17 20:00:54 UTC  

Over and over again. The same way that communist countries end up starving again and again

2019-02-17 20:01:15 UTC  

Yeah, and on that I would beg to differ that free markets and capitalism lead to that

2019-02-17 20:01:26 UTC  

A fair position.

2019-02-17 20:01:46 UTC  

Mostly because I don't see history naturally culminating in that without a specific cause

2019-02-17 20:02:02 UTC  

Notably, outside the US

2019-02-17 20:02:04 UTC  

I am not ideologically tied down in economics like I am in social issues so I am certainly amenable to your views

2019-02-17 20:02:45 UTC  

Yeah, I see your same ideas often in the far-right

2019-02-17 20:02:57 UTC  

I just think people don't know econ history outside the US

2019-02-17 20:03:10 UTC  

I study econ at uni so I kinda have to learn this stuff

2019-02-17 20:03:32 UTC  

That's a good point. I don't know about foreign econ at all except for the Austria school

2019-02-17 20:03:35 UTC  

Outside the US as in the history out of the US, not that people outside the US don't learn history lol

2019-02-17 20:03:43 UTC  

Yeeeeeeeeee, Austrian school

2019-02-17 20:03:52 UTC  

I do know foreign history quite well though

2019-02-17 20:04:13 UTC  

And maybe Keynes

2019-02-17 20:05:02 UTC  

But he was a Jewish controlled psychopath of an economist though so I still tend to oppose him.

2019-02-17 20:05:40 UTC  

My phone's dying so I'll jump back on after it charges a bit

2019-02-17 20:06:43 UTC  

Keynes sucks

2019-02-17 20:06:46 UTC  

Cool

2019-02-17 20:08:04 UTC  

Yeah, in Africa, free markets have really helped them make progress (in the areas they actually get applied).

2019-02-17 20:08:21 UTC  

On an earlier point, Greek vs Roman freedom

2019-02-17 20:09:56 UTC  

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).