Thomas sowell appreciation thread [poll Inside]

[BaggerofTea]

You cant call something capitalism without showing profit....thats like saying a desert is the beach because it has sand too...nah its water that makes the beach as well

Feudalism had central planning,the farmers worked the land but didnt own it,their produce was taken and "redistributed" by the ruling party,there were price controls ,wage controls,everybody had to get permission to do any business..the king ruled on behalf of "the people"..sound familiar??

The lords of the manor and everyone above reaped in the profits. Hence why they were rich

Ummm NO...Libertarians oppose central banking BECAUSE it IS central planning...we actually live in a borderline fascistic corporatist republic with a mixed market.

..
Again what is "private tyranny"....sounds oxymoronic...tyranny is a team sport because it needs an army ...theres state tyranny,monarchical tyranny and tyranny of the masses (socialism gone wild)

No, corporations run our economy, directly and indirectly (through the state). Most if not all of the members of the Federal Reserve were board members for corporations.

Same goes for every economic institution run by the state.

Corporations have essentially used the state as a slush fund/military arm/robot.

How is private tyranny oxymoronic? All that means is that absolute dominion of economic controls have shifted to powerful unaccountable non-state entities.

gimme some examples...all the early civilizations ive read about were nearly all Oligarchies and Feudal monarchies with varying degrees of participation
with the exceptions of a few like Rome which was a republic at first and Greece which had representative democracy for a while then fell back into oligarchy

African Anarchism: The History of A Movement | The Anarchist Library

Read, careful you might end up becoming an anarcho-syndicalist

Especially the part of stateless societies in Africa

 

[ⒶⓁⒾⒶⓈ]

The lords of the manor and everyone above reaped in the profits. Hence why they were rich

So if a robber takes my wallet...he has made profit...is that capitalism??..thats why linguists shouldn't teach econonmics

Profit motive means trade where both parties are seeking to make a gain...if someone steals from you then you have not traded nor gained anything

No, corporations run our economy, directly and indirectly (through the state). Most if not all of the members of the Federal Reserve were board members for corporations.

And thats called corporatism or perhaps corporate socialism..the corporations privatize profits and send the losses to the taxpayer
theres nothing private or individualistic about it

How is private tyranny oxymoronic? All that means is that absolute dominion of economic controls have shifted to powerful unaccountable non-state entities.

You are conflating economic and political power...corporations have one but not the other..Chomskys diatribes on corporations are absurd..wal mart is not a tyranny..they have no army they dont force people to do anything directly.people work and shop there because they gain something too.

His suggestion that the state be given more power to beat back the evil corporations stupidly ignores the role of the state in growing and protecting those very same corporations.

Read, careful you might end up becoming an anarcho-syndicalist

Especially the part of stateless societies in Africa

Doubt it..but i will look at it when i get a chance

 

[BaggerofTea]

So if a robber takes my wallet...he has made profit...is that capitalism??..thats why linguists shouldn't teach econonmics

Profit motive means trade where both parties are seeking to make a gain...if someone steals from you then you have not traded nor gained anything

Terrible analogy. Equal profit motive is not necessary in a capitalist system when engaging in trade.

And thats called corporatism or perhaps corporate socialism..the corporations privatize profits and send the losses to the taxpayer
theres nothing private or individualistic about it

There is nothing "socialism" about corporatism. In fact its the pinnacle of right libertarian economics.

You are conflating economic and political power...corporations have one but not the other..Chomskys diatribes on corporations are absurd..wal mart is not a tyranny..they have no army they dont force people to do anything directly.people work and shop there because they gain something too.

His suggestion that the state be given more power to beat back the evil corporations stupidly ignores the role of the state in growing and protecting those very same corporations.

Economic power is ALWAYS political power. Corporations have both. Hence why they can give millions to a politician to ensure their agendas are passed. Thats called political power.

And yes walmart is a tyrannical. Look how they undercut smaller companies in order to monopolize a specific area.


The bolded is an outright lie and you know that

Chomsky believes that the state is the lesser of the two evils because (at least in Western republics) the people have some sort of say in state functions even if it is heavily marginalized.

Corporations are tyrannical and authoritarian in structure and execution. The people cannot old them accountable at all.

 

[ⒶⓁⒾⒶⓈ]

Terrible analogy. Equal profit motive is not necessary in a capitalist system when engaging in trade.

So according to you THEFT is TRADE...really?? Oh the mind of a socialist is a mysterious place .......two things trade is voluntary and not all gain is profit..

you can trade without capitalism but you cant have capitalism without trade
ill break it down for you slow..imagine i have a chicken farm and you have a ranch..

TRADE..i offer you 50 chickens for one cow..we have both gained but not profited..youll eat fried chicken for a change and ill eat burgers

THEFT...If i jump the fence and steal your cow..i have gained and you have lost involuntarily

There is nothing "socialism" about corporatism. In fact its the pinnacle of right libertarian economics

.

Economic power is ALWAYS political power. Corporations have both. Hence why they can give millions to a politician to ensure their agendas are passed. Thats called political power.

Nah thats called buying political power...if they had political power they would keep the money and just write and pass the agenda themselves

And yes walmart is a tyrannical. Look how they undercut smaller companies in order to monopolize a specific area.

The Only way wal mart became a monopoly in those places is because the state protected them from competition through regulations , wage controls,tax breaks and tarrifs.

The bolded is an outright lie and you know that

Chomsky believes that the state is the lesser of the two evils because (at least in Western republics) the people have some sort of say in state functions even if it is heavily marginalized.

Corporations are tyrannical and authoritarian in structure and execution. The people cannot old them accountable at all.

Exactly and thats where his biggest error is..its not the lesser at least not at this moment and their relationship is symbiotic so his analysis lacks realism

 

[BaggerofTea]

So according to you THEFT is TRADE...really?? Oh the mind of a socialist is a mysterious place two things trade is voluntary and not all gain is profit..

you can trade without capitalism but you cant have capitalism without trade
ill break it down for you slow..imagine i have a chicken farm and you have a ranch..

TRADE..i offer you 50 chickens for one cow..we have both gained but not profited..youll eat fired chicken for a change and ill eat burgers

THEFT...If i jump the fence and steal your cow..i have gained and you have lost involuntarily

Again a terrible analogy since capitalisms history has been rife with unequal trade offs that amount to stealing, not sure if you want to go there......
.

Whats to about?

I am giving you the bare facts, either take it or levae it.

Nah thats called buying political power...if they had political power they would keep the money and just write and pass the agenda themselves

Google's CEO: 'The Laws Are Written by Lobbyists'

The Only way wal mart became a monopoly in those places is because the state protected them from competition through regulations , wage controls,tax breaks and tarrifs.

Same would happen without the state. I am an anti-statist telling you that

Exactly and thats where his biggest error is..its not the lesser at least not at this moment and their relationship is symbiotic so his analysis lacks realism

Wrong again

I just explained to you why his logic was correct, you blatantly ignored it because you were caught up in believing what you want to believe

 

[Rev. Jesse Lee Peterson]

he is won uh my heros along wit strom thurman and david dook.

hear is my brother larry elder speekin about sowells impack on him at da bond avent dis pass weakend.

 

[ⒶⓁⒾⒶⓈ]

he is won uh my heros along wit strom thurman and david dook.

hear is my brother larry elder speekin about sowells impack on him at da bond avent dis pass weakend.

damn bruh..u stayed in character from the KTL days..thats dedication

 

[ⒶⓁⒾⒶⓈ]

Sowell on the race hucksters

 

[BaggerofTea]

Sowell on the race hucksters

Sowells economics are backwards but his social critiques are pretty accurate

 

[ⒶⓁⒾⒶⓈ]

sowell on minimum wage....bernie stans pay attention

 

[ⒶⓁⒾⒶⓈ]

Thomas Sowell: 'I Will Vote Against Hillary Clinton'

 

[SirReginald]

Thomas Sowell: 'I Will Vote Against Hillary Clinton'

I wish Thomas went into more detail with Hillary's SOC trackrecord. Even though Sowell is a conservative he gets my respect. The guy is a true intellectual.

 

[David_TheMan]

i respect the hell out of Sowell as an economist.
As a historian and politics he is god awful, he is terrible. and beyond racist towards blacks with a ignorance or a want to ignore history.

 

[ⒶⓁⒾⒶⓈ]

i respect the hell out of Sowell as an economist.
As a historian and politics he is god awful, he is terrible. and beyond racist towards blacks with a ignorance or a want to ignore history.

Can you expand on this a bit...

 

[David_TheMan]

Can you expand on this a bit...

He has a book clalled black rednecks and white liberals, its filled with clearly false bullshyt trying to claim that racism in the south wasn't "really that bad" tried to claim white americans looked down on white rednecks more than black people in Ohio, even though ohio was the biggest state as far as KKK membership. He tried to claim in one paper that crime increased in the US because the US courts mandated that cops mandate the saying of the miranda rights.