The Case for Privatization - of Everything | Walter Block

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  • Опубликовано: 13 янв 2025

Комментарии • 155

  • @cornycontent1915
    @cornycontent1915 2 года назад +8

    Block is the reincarnation of Rothbard:
    - A secular Jew
    - Witty
    - High-pitched voice
    - Anarcho-capitalist
    - Prolific
    - Calls everyone who's not him a commie
    - Unapologetic
    - Close relationship with his students
    Who else fits the mold better?

  • @DoctorMandible
    @DoctorMandible 6 лет назад +52

    Walter Block is the rightful heir to Murray Rothbard. So good

    • @neeltheother2342
      @neeltheother2342 4 года назад +4

      Also Hans Hoppe, Guido Hulsmann, and Huerta de Soto.

  • @magnus4g63
    @magnus4g63 6 лет назад +27

    Excellent presentation, freedom is not only the moral position but by far the more practical ... well unless you belong to the ruling class.

    • @hughhassell3495
      @hughhassell3495 4 года назад +2

      Where's the freedom in selling the Great Lakes to Nestle?

    • @magnus4g63
      @magnus4g63 4 года назад +1

      @@hughhassell3495 I do not own any lakes ?

    • @GeorgWilde
      @GeorgWilde 2 года назад +1

      Exactly, the state is beneficial to you only if you are the one using it for exploitation of others. That is a politician, lobbyist, owner of a protected company, or a member of a protected industry.

    • @josephdarchambault6264
      @josephdarchambault6264 Год назад

      @@magnus4g63If someone does not stop you ya will, dip shit

  • @adrianomattia5625
    @adrianomattia5625 6 лет назад +20

    Every scarce good should be privately owned. Period

    • @coojsta69
      @coojsta69 6 лет назад +1

      Aristotele il filosofo
      privitization within a nation is perfectly fine but when this process occurs on a multi national scale you end up with the question of globalism meaning others have the power to make or break you .
      the banks have been playing this game for much longer than 1 wants to admit but it equates to no need of a nation

    • @johnstewart7025
      @johnstewart7025 6 лет назад

      If libertarianism is based on John Locke -- private property is sacred -- then we each live in a little bubble of individual rights. But, none of us could live without certain "free" goods such as air and water. So, no one can take the drinking water, otherwise a lot of us would be dead inside our bubbles.

    • @johnstewart7025
      @johnstewart7025 6 лет назад

      Strawman Account all use water so all are stockholders. sounds like there would be scarcity so Mises would want privatization but that would leave some without water.

    • @adrianomattia5625
      @adrianomattia5625 6 лет назад +1

      John Stewart Air is not scarce hence is not a good. No matter how much air you try to "homestead", there always gonna be enough for all living beings.

    • @johnstewart7025
      @johnstewart7025 6 лет назад

      I know I'm jumping ahead here, but when you say "we," you are talking about the USA, which was created under the constitution. Those who believe in the power of law would say that this constitution can't be changed without the consent of the governed.

  • @0909umcia
    @0909umcia 6 лет назад +8

    I laughed hard at the beginning. Great lecture and funny too. 😀

  • @devinsaylor1853
    @devinsaylor1853 2 года назад +1

    Some days I feel like a failure but the I listen to this guy talk about economics and I’m suddenly okay again.

  • @TheGerogero
    @TheGerogero 6 лет назад +8

    Ought to have gotten into how his co-author presumably explains how we can put fences in the ocean and not mess up ecosystems...

    • @maloxi1472
      @maloxi1472 3 года назад +4

      That seems trivial to me. The feasability largely depends on the kind of animals you want to keep in/out and how many of them you'd like to accomodate. I think the aquarium market has already built interesting canditate solutions and will do even better when a submarket appears that caters to the specific need you're mentioning. For starters, you can look into self-sustaining aquariums and pursue your thinking from there.
      As I always say, "the free market doesn't have an imagination problem".

    • @TheGerogero
      @TheGerogero 3 года назад +2

      ​@@maloxi1472 Two years on and I am only a bigger fan of Austrian economics-I like Mises most of all. What incentive does a private individual have to put in costly fences for the benefit of stray animals? I struggle with these limit cases, but these days I figure that Rothbardia is such a utopia that hammering out the details of it is not all that relevant.

    • @cornycontent1915
      @cornycontent1915 2 года назад

      @@TheGerogero "If we could figure out and predict how the free market would work that would be the best argument for central planning ever." - Edward Stringham (paraphrased)
      If we could figure out how something as integral as water could be privatized, bottled, and distributed to billions we could figure out larger-scale privatization.

    • @TheGerogero
      @TheGerogero 2 года назад

      @@cornycontent1915 Now I'm content assuming that a free society, by its foundation, would imply a cultural development whereby people would generally have the moral sense not to be destructively self-serving and specifically there would be informal mechanisms such as boycotting that would keep offenders in line.

  • @TheKlink
    @TheKlink 6 лет назад +3

    10:31 given that most life happens within 10 kilometres offshore, it'd be better to have more coast. most of the ocean is essentially a life desert.

  • @edwardrichardson8254
    @edwardrichardson8254 4 года назад +1

    Can’t get a better video title than that.

  • @thefredkalis
    @thefredkalis 3 года назад +3

    Walter block is so funny. I learned and laugh 😅

  • @GeorgWilde
    @GeorgWilde 2 года назад +1

    Every scarce good that cannot be privately owned becomes scarcer and scarcer.

    • @voluntarism335
      @voluntarism335 2 года назад

      Everything can be owned, stupid commie

  • @sicdavid6292
    @sicdavid6292 5 лет назад +2

    Sure because public safety should have stockholders who demand a bigger margin by leveraging safety as a commodity. And nobody could deny the benefits of investing your SS with the same banksters who gave us the 2007 meltdown and subsequent 2008 Bush depression. I mean, Trump knows business so well, he should be put in charge of all our money after he leaves the well preserved presidential palace of America Inc.

  • @aaapn
    @aaapn 2 года назад

    Okay this was a good one, but malthusians don’t necessarily believe ”we have overpopulation”, but more often ”we will have overpopulation”.

  • @soapbxprod
    @soapbxprod 4 года назад

    The ultimate irony? Dr. Block looks like Joseph Stiglitz! Saying this with most ultimate admiration for our Dear Walter. Merry Xmas, fellow travelers.

  • @johnstewart7025
    @johnstewart7025 6 лет назад +1

    For all their talk about evil government is, and how noble the individual is, I think that libertarian policies will never take hold unless "WE THE PEOPLE" see the advantage to us as a GROUP or COMMONWEALTH.

    • @gavinschuette9826
      @gavinschuette9826 6 лет назад

      what?

    • @johnstewart7025
      @johnstewart7025 6 лет назад

      Gavin Schuette I'm trying to say that libertarian policies will never get the majority of the vote from the people, from the public, or "polis," until they see how libertarian policies help them. I'm trying to be practical about this. I like the idea that politics is about how the polis -- the people -- take care of themselves. For instance, a tyranny is not a political system because it is for the good of the tyrant and not the good of the people.

    • @soapbxprod
      @soapbxprod 4 года назад +1

      Your collectivist petticoat is showing

  • @AntonioCostaAmaral
    @AntonioCostaAmaral 6 лет назад +2

    So this is the same presentation of 2016?

    • @soapbxprod
      @soapbxprod 4 года назад +1

      Yes. It's a lecture to the students at the Institute. Would you suggest that the author of a great book redact it after 2 years? Same applies here.

  • @wanefelicia8779
    @wanefelicia8779 6 лет назад +8

    Yesyesyesyesyessss

  • @tristunalekzander5608
    @tristunalekzander5608 6 лет назад +5

    What about law enforcement?

    • @mattjohnson6874
      @mattjohnson6874 6 лет назад +17

      If our non critical services should all be privatized, then our critical services absolutely should be! Law enforcement definitely should be privatized. The only way to keep men honest is through competition. Appointing a single agency to handle all law enforcement is going to lead to corruption 100% of the time, no exceptions.

    • @tristunalekzander5608
      @tristunalekzander5608 6 лет назад +3

      Matt Johnson
      But wouldn't having competing law enforcement agencies inevitably also lead to corruption? How are law enforcement agencies supposed to compete? By solving more crimes than the other? By making more arrests? Wouldn't one just figure out that they can _make_ their own crimes to solve? Or would other competing agencies prove their guilt? Then that brings up the idea of one agency framing another for doing that when they didn't because they are competition. Aren't there some things that just logically don't work well with competition?

    • @mattjohnson6874
      @mattjohnson6874 6 лет назад +8

      Hi Tristan, I can't answer all your questions, fortunately this topic has been written about at length by persons who are much smarter than me. In brief, when government is the ultimate decision maker in all cases of conflict -- even conflicts involving the government itself -- then the government can actually *create* conflicts, in order to decide the outcome in its own favor. It happens a lot.
      Here is a real world example of how competitive law enforcement can achieve superior results: ruclips.net/video/onWC8nNpIco/видео.html Here is longer interview with the same man: ruclips.net/video/r2IbjhV00as/видео.html That's just one example but if you study what Dale Brown has done you will see there are much better methods than standard monopolistic police practices. That is why we need competition. Police have unlimited budgets and face no real consequences when they make mistakes (i.e. they never go out of business). We desperately need competition in the case of law enforcement!

    • @vidyanandbapat8032
      @vidyanandbapat8032 6 лет назад +1

      Tristan For the same reason constitutional checks and balances maintain the separation of judiciary and legislature

    • @gavinschuette9826
      @gavinschuette9826 6 лет назад

      cops courts and defense 3 legit parts of government it seems, youtube yaron brook, ayn rand also good, and has-herman hoope but who knows private security certainly better but what happens when 2 cop forces disgree?

  • @apricotcomputers3943
    @apricotcomputers3943 4 года назад +1

    I wanted deeper content from the speaker.

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    3205 "COmmon sense costs nothing, but if you use it, you can make a mint" Wilt Chamberlain

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    35k people die on roads each year...media focus on stupid shit to promote tax parasite democrat fascism

  • @sscalercourtney5486
    @sscalercourtney5486 4 года назад +1

    Only one person should own everything. That way we'd all be working for that person. In fact this is what Walter is looking forward to.

    • @soapbxprod
      @soapbxprod 4 года назад +6

      Oh dear... you just don't get it... but seeing that you have 1 subscriber in 8 years, I understand your resentment and envy.

    • @sscalercourtney5486
      @sscalercourtney5486 4 года назад +2

      @@soapbxprod Well, did you also note in 8 years I never did a personal attack on anyone? So you are right, I don't get it. I'm trying to build the world up, not tear it down. Good Health to you.

    • @bendover8477
      @bendover8477 3 месяца назад

      Ahh, the left lives and dies by the strawman, and your comment is a prime example of this.

  • @rochrich1223
    @rochrich1223 6 лет назад

    I'm into regenerative agriculture and the mechanical/chemical farmers always say
    "you can't feed the world that way". Is there a source of info on how much the
    Soviet farmers were producing on their 3% of private land? It would be nice to
    quote some facts from a large country. Cuba got cut off chemicals for a while
    and have done amazing things on small plots. One of the few positive examples
    coming out of communism.

    • @rochrich1223
      @rochrich1223 6 лет назад

      Not really, that's why I'm seeking more info. I can tell you that the
      really good practitioners of regenerative farming can do much
      better than the average conventional farmer. However obviously, comparing best with average is a good way to get a false statistic.

    • @rochrich1223
      @rochrich1223 6 лет назад

      There's no doubt that Masanobu Fukuoka and Joel Salatin run farms
      that compared to average are more productive , are quite sustainable,
      and are much more profitable. But both men are brilliant, so can that
      be expanded on a large scale? I think so, I cite Gabe Brown, but seek
      better stats.
      I'll look up Raju Titus. It'd be tough to get a tropical soil up to more than
      4% organic matter, but if you did that well, you could do without most irrigation. I also expect to see water control measures like paying attention to water infiltration, ground cover and perhaps swales/ponds. Doing without irrigation in most of India sounds plausible to me.

    • @rochrich1223
      @rochrich1223 6 лет назад

      After looking at a few of Mr. Titus's videos I'll tell you what I see.
      His place is well integrated. A cool season grass like wheat can
      take 1/3 shade without loss of yield, so the nitrogen fixing trees
      aren't costing him there. The deep roots of the trees will bring up
      P,K and trace minerals. The mycorrhizal fungi associated with the
      trees will also associate with the wheat. The fungi can transfer
      N and P as well as water if the wheat will bribe it with sugar. The
      predator/pollinator strips and the good mineral balance in his
      crops have the insect pressure under control.(look for bites taken
      out of the leaves, I wish I could do so well.)
      The goats are turning the prunings and weeds to human food and
      the poop is a fertilizer for any garden crops he may want to grow.
      There are some trees copsed to provide forage in the off season.
      There is an untranslated video of a field with a cereal in it. The low
      berm around it would hold a heavy rain long enough to let it soak in
      deep. A flood would slow down, drop sediment and drain away
      except for the last berm full. I can't see the other end of the field,
      but the ancient Indian technique would have that end of the field
      just below the level of the berm. Water can enter there, perhaps off
      a channel. After filling up, the next field over would get the water
      flow. The high side of the fields would do better in wet years,
      the berm side better in the dry.
      His market for firewood is better than mine and his labor is less.
      So wheat/firewood/goats wouldn't work so well in North America.
      The closest analogy of Titus's most popular You Tube video would
      be to graze cattle under black locust trees. The trees wouldn't be
      worth much for firewood, but are good for rot resistant posts. The
      cattle would be the labor. The grazing would be at it's best when
      open pastures are going dormant in the heat, the shade and tasty
      leaves would be a bonus. Locust are also a prime honey bee forage.
      There's a lot of room to improve over conventional. I've stopped
      fearing being unable to feed a world population in the low teens
      billion.

  • @XplosionNo1
    @XplosionNo1 Год назад

    Privatizing roads? Because people die there? ... i mean... .. . as if... .. damn...

  • @JEBavido
    @JEBavido 6 лет назад +1

    I didn’t listen expecting to disagree with you, but I must correct you on the Army Corps of Engineers being at fault for the deaths during Katrina. Louisiana politics and greed prevented the Corps from implementing any of its plans to maintain the levees. That means it’s still the government’s fault people died, so you’re essentially right, but it wasn’t the Corps’ fault.

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    real estate should be dirt cheap.....and go down as engineering advances!!! real estate prices are made big by government to loot the slave sheep people

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    Many government people ARE pirates

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    2501 no such thing as a crony capitalist, there is a tax parasite, and that is what Elon Musk is, if anything he is a crony communist

  • @normandolinic2044
    @normandolinic2044 4 года назад

    No it's because ass is making money selling krill as a tooth paste,and taking it away for nature.

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    3140 they should be trained to let a passing truck by quickly by slowing down

  • @sscalercourtney5486
    @sscalercourtney5486 4 года назад +2

    If you want a perfect example of the Austrian School of economics and the total denial of Government, then move to Somalia and enjoy your Ayn Rand paradise. Before Keynesian theory of the Great Depression, the US had on average a Depression, not a Recession, but a true Depression once every six years. They practiced something like the Austrian School of economics. People got tired of the booms and busts who actually lived through it, not just in theory. Of course, we only follow the half of Keynes that calls for deficit spending during down times. We rarely follow the half that calls for raising taxes and cutting spending during good times. Most nations today are a mix of socialism, (government ran services, not government ran industries) and private ownership capitalism. The problem is finding the right balance between the two, not having it all one way or the other. Most of us prefer the middle ground over the extremes.

    • @sscalercourtney5486
      @sscalercourtney5486 4 года назад

      I should add, before Keynes, a true Depression only average every six years. After Keynes, no true Depression for 89 years. Those are facts, not theories.

    • @sscalercourtney5486
      @sscalercourtney5486 4 года назад

      @Jean Jourdain Your post is a true puzzlement.

    • @sscalercourtney5486
      @sscalercourtney5486 4 года назад

      @Jean Jourdain I minored in Economics in college with a 3.75gpa. I don't read Paul Krugman. Gets involved in politics rather than facts to my taste. I also had a 4.0 in American History and loved the part about the economic era before the Great Depression. I was wrong on banking reform in the late 1990's but didn't understand it until I read Ayn Rand's friend, Fed Chair Alan Greenspan's book about the 2008 meltdown. I was deeply impressed by Greenspan talking about how in 2008 unregulated derivates, private bets on financial products were two and a half time larger than the entire world's actual economy. And people think when those derivate bets went south it had zero to do with the meltdown. I don't recall a single conservative or liberal talking head truly addressing that issue. It's amazing what you learn from serious books that never come out in the more emotionally driven conservative and liberal press as well. Take care.

    • @sscalercourtney5486
      @sscalercourtney5486 4 года назад

      Oh, a really good read on the 50 years leading up to the Great Depression, is a non-political biography on J.P. Morgan. Did you know that because he loaned Edison money for his experiments, J.P. Morgan was the first human to have electric lights in his house? And his death led directly to the establishment of the Federal Reserve. Again, serious, non-political books are interesting because they are boring and not screaming names and tossing out conspiracy theories. Who knew there was a real world, with humans who do good an do bad just tying to do the best they can?

    • @lukanelson3146
      @lukanelson3146 3 года назад +1

      im sorry that you're this confidently wrong. first of all, austrian economics is not a policy precription, its entirely DESCRIPTIVE and makes absolutely no normative claims, so insinuationg that we "practiced something like the Austrian School of Economics" is beyond braindead. We have multiple books on the history of american economics, starting from when washington established a national bank to now. Rothbard's book about the Great Depression goes very very in detail about what happened, even with what bankers had connections to which politicians at what time, etc. We defiinitley never had a free banking system that you might see austrians like Yeager or Selgin advocate for, it was typically state run banks or quasi-private banks that would get special priveleges from the state such as deposit insurance, legal ability to not honor contracts etc. Its funny you mention Somalia as well, considering that within 20 years of the fall of Somalia's brutal state, GDP has tripled, life expectancy has increased by four years, adult literacy has increased by 14%. If you saw these numbers from a UN operation they would never stop clamoring about their success. Now Somalia is no paradise, but your claim misses the anarchist point in the first place, which is that any society lacking an organized institution of theft and violence with a monopoly on ultimate decision making (the state) will do better then it otherwise would.

  • @gregsutton6258
    @gregsutton6258 5 лет назад +1

    I would to see the quality of Russian land in public hands versus that in private hands as well as infrastructure availability of financing and fertilizer.
    I call neocon bull shit

    • @generalsalami8875
      @generalsalami8875 2 года назад

      You do know russia collapsed right? One look at their architecture shows how much diversity & quality their public infrastructure had lol. None

  • @Mantorok
    @Mantorok 6 лет назад

    Too bad Walter didn't change his mind on taking government money after getting crushed in the debate against Bob Murphy.

    • @Pdrum2
      @Pdrum2 6 лет назад

      Mantorok The thing is the government can control how much money they give to you

    • @gavinschuette9826
      @gavinschuette9826 6 лет назад

      where debate?

    • @Pdrum2
      @Pdrum2 6 лет назад +1

      @@gavinschuette9826 It's one of Tom Woods podcasts

  • @arewestilldoingphrasing6490
    @arewestilldoingphrasing6490 2 года назад

    4:15 watching this during Joe Biden Admin rn jeesh

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    Why dont we have free hosnig by cloning MGM grand casino 100k times so everyone can live in luxury?

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    950 farm the oceans I like that!

  • @Sloimer
    @Sloimer 4 года назад

    DON"T INTERRUPT ME

  • @thaddeuswalker2728
    @thaddeuswalker2728 6 лет назад

    I think Elon Musk is not so simple to classify as that. He will claim to be a socialist based on social skills but he is an anarchist of some sort as defined by Iain Banks. I was first thrown off his trail by his support for universal basic income in an impossible senario of post scarcity/automation world. Since this senario will never arise he can't be said to be a supporter. Elon's business strategy seems to be to privatize everything that Walter Block says needs privatized. Any place people claim as a market failure.

  • @naramsin1853
    @naramsin1853 Год назад +1

    Flawed logic led him to insanity.

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    3055 u should get dooshed for going slow in fast lane

  • @familydog
    @familydog 6 лет назад +2

    Walter Block, correct on everything but abortion.

    • @mattjohnson6874
      @mattjohnson6874 6 лет назад +5

      His argument on abortion is actually pretty good. He says he's pro-life, but that we're losing the argument, so he advocates evictionism. It's actually a creative proposal.

    • @Pdrum2
      @Pdrum2 6 лет назад +5

      @@mattjohnson6874 I think it's rather interesting argument

  • @gavinschuette9826
    @gavinschuette9826 6 лет назад

    3412 lol wtf

  • @prhughes0
    @prhughes0 5 лет назад

    The objectively "right" answer to when a person becomes responsible for sex is puberty.

    • @gabrieleberle4422
      @gabrieleberle4422 4 года назад +1

      by that logic, children are responsible to walk where they please as soon as they can walk.

    • @soapbxprod
      @soapbxprod 4 года назад

      @@gabrieleberle4422 Not where they please. Where they can safely and responsibly tread.

    • @kc-bi6qh
      @kc-bi6qh 3 года назад +1

      That is an ignorant statement and disgusting at that.
      No. You are wrong. I have students who are 7 going through puberty.

    • @generalsalami8875
      @generalsalami8875 2 года назад +1

      Define puberty lol. You cannot escape arbitrariness. You can't simply dismiss it either.

  • @kc-bi6qh
    @kc-bi6qh 3 года назад

    “The ultimate cause is the manager.” No. Sorry. You’re wrong. There’s this thing called personal responsibility.... stop blaming others for one person’s bad decision to drive intoxicated.
    Also, some your ideas sound nice in theory, but you didn’t talk at all about how to implement them. For instance, your comment about the truck taking forever to pass another truck- you said (roughly) any truck that takes longer than two minutes to pass would be ticketed big... how the heck would you enforce this??