very important discussion. I will share this as much as possible, because 1% of Americans aren't privy of this information Thank you MissMedia and Mr. Thornton
Depends on what you mean by "opportunity". Equality of Opportunity taken in the materialistic sense is wrong but taken purely in the legal sense is perfectly fine.
@@Paul-A01hate to tell you that this is foolish thinking Every person has different capabilities. I could give the same ingredients to two different people, even give them the same recipe, and the outcomes will almost certainly be radically different
@@caesersseizrs that is my exact point. The differences between people will then lead to different opportunities. So the only way you can get equal opportunities is level all outcomes.
What would it even mean to have economic equality? Even if I had the same wage as my neighbor, our houses are different in different places on the street, the trees are in different spots, we have a different number of kids and different cars, different sized yards. We do different jobs, our spouses have different jobs and skills. We wear different cloths. Even if we had the exact same amount of money, we wouldn't remain equal for more than a few hours. The idea that there could be 'economic equality' ever, at all, is completely preposterous.
Go outside and find two rocks that are equal. You can't become equity exists literally no where in reality. It only exists as an abstraction in the human mind.
Do you guys not allow challenging questions cause this is laughable … this ignores that his entire spiel exists in the global trade with different currencies and country policies . If you have trade imbalances with a country that’s has policies that advantages production over households your free market production cannot compete obviously. His speech is just as ridiculous as that of the “socialists marxists” he talks about, these positions are not mutually exclusive. Please see “Trade war is class war” book and bring more educated guests next time the Alabama crowd still lives in the economic environment of 1900
Mark Thornton is capable of speaking in simple terms but in many many laps. Perhaps you’re lacking the metaphorical stamina to keep up past the part where he mentions his opinion on Marxism, which was pretty early on. Once he or anyone mentions the obvious unfair pull government has in the economy we participate in, it needs be able to go without saying so often. If you need to be reminded that Mark Thornton is an Austrian, my observation so far is that you’re not (as an absorber of this kind of content) looking from an Austrian point of view yet, even if temporarily while you listen. My thing is I don’t want to hurt anyone, so I’ll try to think like a Socialist for scenario play sometimes, but it doesn’t work. At some point, they begin to do that thing socialists do when they don’t get enough of what they’ve agreed for themselves. That’s when I honestly can say I’ve tried thinking like a socialist, I gave it a go and it doesn’t work.
@@DuderScooter He knows arithmetic but we are in a world that uses calculus and differential equations … basically he is a simpleton. This was an embarrassing talk for anyone with two neurons. Repeating socialist and Marxists in economic talks gives uneducated vibes
very important discussion.
I will share this as much as possible, because 1% of Americans aren't privy of this information
Thank you MissMedia and Mr. Thornton
Equality of Opportunity is not obviously wrong.
It is, Bill Gates child has more opportunity than almost any other child.
Depends on what you mean by "opportunity". Equality of Opportunity taken in the materialistic sense is wrong but taken purely in the legal sense is perfectly fine.
In all practice, the only way to prove "equal opportunity" is to get equal outcome.
@@Paul-A01hate to tell you that this is foolish thinking
Every person has different capabilities. I could give the same ingredients to two different people, even give them the same recipe, and the outcomes will almost certainly be radically different
@@caesersseizrs that is my exact point. The differences between people will then lead to different opportunities. So the only way you can get equal opportunities is level all outcomes.
What would it even mean to have economic equality? Even if I had the same wage as my neighbor, our houses are different in different places on the street, the trees are in different spots, we have a different number of kids and different cars, different sized yards. We do different jobs, our spouses have different jobs and skills. We wear different cloths. Even if we had the exact same amount of money, we wouldn't remain equal for more than a few hours. The idea that there could be 'economic equality' ever, at all, is completely preposterous.
Go outside and find two rocks that are equal. You can't become equity exists literally no where in reality. It only exists as an abstraction in the human mind.
Do you guys not allow challenging questions cause this is laughable … this ignores that his entire spiel exists in the global trade with different currencies and country policies . If you have trade imbalances with a country that’s has policies that advantages production over households your free market production cannot compete obviously. His speech is just as ridiculous as that of the “socialists marxists” he talks about, these positions are not mutually exclusive. Please see “Trade war is class war” book and bring more educated guests next time the Alabama crowd still lives in the economic environment of 1900
Even then we had Georgism, ever heard of that ?
Mark Thornton is capable of speaking in simple terms but in many many laps. Perhaps you’re lacking the metaphorical stamina to keep up past the part where he mentions his opinion on Marxism, which was pretty early on.
Once he or anyone mentions the obvious unfair pull government has in the economy we participate in, it needs be able to go without saying so often. If you need to be reminded that Mark Thornton is an Austrian, my observation so far is that you’re not (as an absorber of this kind of content) looking from an Austrian point of view yet, even if temporarily while you listen.
My thing is I don’t want to hurt anyone, so I’ll try to think like a Socialist for scenario play sometimes, but it doesn’t work. At some point, they begin to do that thing socialists do when they don’t get enough of what they’ve agreed for themselves. That’s when I honestly can say I’ve tried thinking like a socialist, I gave it a go and it doesn’t work.
@@DuderScooter He knows arithmetic but we are in a world that uses calculus and differential equations … basically he is a simpleton. This was an embarrassing talk for anyone with two neurons. Repeating socialist and Marxists in economic talks gives uneducated vibes