I don't know how you're expecting Facepunch to sit through a 100 minute long video, if you're not then I don't see why you would post it.
I've watched it a few minutes in and what a surprise, typical socialist rhetoric. I skipped further into the video at about 55 minutes in and its still going on about [I]hurr the big fat cats lining their pockets hurr[/I]. I've noticed with this video that most of the problems they are blaming on capitalism are problems associated with massive corporations acting unethically. It's funny though, in a pure capitalist system massive corporations wouldn't exist. Businesses would have literally no market power and be price takers, not price makers.
[QUOTE=Antdawg;40535729]I don't know how you're expecting Facepunch to sit through a 100 minute long video, if you're not then I don't see why you would post it.
I've watched it a few minutes in and what a surprise, typical socialist rhetoric. I skipped further into the video at about 55 minutes in and its still going on about [I]hurr the big fat cats lining their pockets hurr[/I]. I've noticed with this video that most of the problems they are blaming on capitalism are problems associated with massive corporations acting unethically. It's funny though, in a pure capitalist system massive corporations wouldn't exist. Businesses would have literally no market power and be price takers, not price makers.[/QUOTE]
Uhm, you are underestimating a Facepuncher's attention span.
[QUOTE=Antdawg;40535729]I don't know how you're expecting Facepunch to sit through a 100 minute long video, if you're not then I don't see why you would post it.
I've watched it a few minutes in and what a surprise, typical socialist rhetoric. I skipped further into the video at about 55 minutes in and its still going on about [I]hurr the big fat cats lining their pockets hurr[/I]. I've noticed with this video that most of the problems they are blaming on capitalism are problems associated with massive corporations acting unethically. It's funny though, in a pure capitalist system massive corporations wouldn't exist. Businesses would have literally no market power and be price takers, not price makers.[/QUOTE]
go home libertarian you're drunk
[QUOTE=Antdawg;40535729]I don't know how you're expecting Facepunch to sit through a 100 minute long video, if you're not then I don't see why you would post it.
I've watched it a few minutes in and what a surprise, typical socialist rhetoric. I skipped further into the video at about 55 minutes in and its still going on about [I]hurr the big fat cats lining their pockets hurr[/I]. I've noticed with this video that most of the problems they are blaming on capitalism are problems associated with massive corporations acting unethically. It's funny though, in a pure capitalist system massive corporations wouldn't exist. Businesses would have literally no market power and be price takers, not price makers.[/QUOTE]
[IMG]http://facepunch.com/image.php?u=312684&dateline=1301999711[/IMG]
[QUOTE=Antdawg;40535729]I don't know how you're expecting Facepunch to sit through a 100 minute long video, if you're not then I don't see why you would post it.
I've watched it a few minutes in and what a surprise, typical socialist rhetoric. I skipped further into the video at about 55 minutes in and its still going on about [I]hurr the big fat cats lining their pockets hurr[/I]. I've noticed with this video that most of the problems they are blaming on capitalism are problems associated with massive corporations acting unethically. It's funny though, in a pure capitalist system massive corporations wouldn't exist. Businesses would have literally no market power and be price takers, not price makers.[/QUOTE]
[IMG]http://i.imgur.com/ceT7gle.jpeg[/IMG]
It would be nice if you guys told us why he's wrong instead of just telling him to go home and post reaction pictures
[QUOTE=Octocow;40537991]It would be nice if you guys told us why he's wrong instead of just telling him to go home and post reaction pictures[/QUOTE]
Generally speaking, that's what happens when someone disagrees with the other person but can't find any argument against them.
Antdawg is right that in a perfect capitalist society businesses would rely on individuals to set price.
The market would decide ethical obligations, pricing, and legal rules corporations must follow.
Basically, pure capitalism is [URL="http://en.wikipedia.org/wiki/Milton_Friedman"]Friedman[/URL] in a nutshell.
Of course, pure capitalism still falls into obvious pitfalls which is why nobody uses it.
Current Capitalism is pretty much the opposite. Corporations create false demand and inflate
prices to follow based on consumer sales. This also sucks.
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