This guy is the first to indicate the main reason! “Woke Culture”, ESG are the instruments of capture power by the corporate and bureaucratic oligarchy. The movement of anti-globalists, "Occupy Wall Street" - where are they? Do you really think that a bunch of woke freaks can intimidate corporations and government?! Cultural wars are a distraction of attention from the main thing! The bait of attention is the main trick of crooks, magicians and manipulators.
@@grantdamsgaard2702 YT is being overrun with spam/hate-bate/harassment and political propaganda bots. Not impossible it was an obvious one of those. Or it was a normal person who made a valid, point but used one of YT censored words of the week and got ghosted for it. Edit. It is the second one. He calls out who and what is behind all of this and YT doesn't like it being publically discussed.
If a reply is reported as spam, harassments, (sometimes bad actors), etc., the reply becomes unviewable while under review but the reply's presence remains in the under the expand replies icon. It is quickly "reviewed" by software (I'm not calling it "AI"), the count resets or if there was only one reply, the icon is removed. @muntbara suggestion points to the fact some comments in the main list can only be seen if you select "newest first" sort. I am certain that is not a "glitch", as some believe. I believe it is done by YT's software on purpose. The "problem" has existed for a very long time and YT has not fixed it. The reason for this "glitch" is not in any help section or search by Google on it's servers, that I am aware of. You can find "the suggestion", "just sort by newest" all over the place, I am sure there multiple reasons, like a glitch. @@grantdamsgaard2702
Yes! Thats an understatement. I'm constantly emotional when watching, even a topic like this. Maybe my subconcious is picking up on a significance I dont grasp intellectually.
It's refreshing to hear that there's still humans out there that are still thinking and caring about other humans, the world has become an extremely selfish place and it needs to stop. I do think people need to wake up before it's too late.
He is the first modern day businessman to describe the failings of the free market capital system that I have had the pleasure of hearing. But of course, the road to change is covered in crocodiles slithering out of the swamp to eat those who dare attempt it.
This guy is the first to indicate the main reason! “Woke Culture”, ESG are the instruments of capture power by the corporate and bureaucratic oligarchy. The movement of anti-globalists, "Occupy Wall Street" - where are they? Do you really think that a bunch of woke freaks can intimidate corporations and government?! Cultural wars are a distraction of attention from the main thing! The bait of attention is the main trick of crooks, magicians and manipulators.
Interesting how all the "failings " you claim are caused by the free markets came as a result of government interference in the free markets. From Healthcare to lobbying and monopoly there is always a string that runs back to government who allowed and encouraged the above problems.
He hit the nail on the head, great speech. Cronyism is and will destroy all of our freedoms. Note: free markets is the correct term, and not socialist definition called capitalism.
I remember reading Basic Economics by Thomas Sowell and his breakdown of “centrally planned” economies versus “price coordinated” economies was incredibly enlightening for me.
I'm really glad I listened to this. Great summation. This needs to be shared far and wide. People always blame capitalism when it's the corporatism and cronyism that erodes it. James Lindsay's 28 min talk at the European Parliament is the best summation of the Woke cultural revolution in the West.
They call it capitalism and hold it as responsible for our current woes, when in reality we have been moving away from a free market and competition for a long time, accompanied by an expansion of the public sector.
great start to ARC..... Thankyou Jordan Peterson and all the others involved in bringing this alliance to the world. This (ARC) is what we desperately need. Genuine facts and leadership. Now it is up to us, the public, to do our part. Spread the word, help grow the "Alliance for Responsible Citizenship", and do YOUR part to help bring about a better more positive world for all of humanity. Put an end to the distopian vision offered by the elites of Davos and the WEF gang. Bring individual Freedom and responsibility back to the forefront of a free and prosperous society. Thankyou.
This guy is the first to indicate the main reason! “Woke Culture”, ESG are the instruments of capture power by the corporate and bureaucratic oligarchy. The movement of anti-globalists, "Occupy Wall Street" - where are they? Do you really think that a bunch of woke freaks can intimidate corporations and government?! Cultural wars are a distraction of attention from the main thing! The bait of attention is the main trick of crooks, magicians and manipulators.
ARC has been delightful. We need more voices for common sense, responsibility, cooperation and hope. I hope the doom and gloom rhetoric has fried our collective brains to the point that we yearn for something new.
This gave me goosebumps when he mentioned needing to make decisions that benefit society as a whole. I sincerely hope to hear more of this and to see action taken. He also corrected a lot of false assumptions I had about a free market economy. It is clearly the cause of a lot of misery but produces so much good when applied correctly. This contradiction has driven me nuts and he has helped alleviate some of that frustration. Never heard of ARC before - big fan now!
Congratulations to ARC for The revival of those who have been Lost and in need of people who have The Power and influence to express our feelings and anguish toward The directions The world is taking us. Need to change urgently
Thank you so much for this talk. When our government in the US gave corporations the same “rights” as a person it turned our nation to a perilous path. To reverse such a standard would be a good first step in what you were describing.
What's the causal factor? The belief that anyone can "give" rights at all. That which can be given, can be taken away, but rights are *unalienable* and "endowed by the Creator" (i.e. naturally-occurring). It seems something was lost between the Declaration and the Constitution.
Comment on one of ARCs videos. Places like Grimsby is a good shout to get started if anyone is looking to invest, or set up any new industries, businesses etc. Apparently It's one of the abandoned communites left in the wake of the destruction of the fishing industry in Britain. Revive a community like that, and many others, and ARC will really prove what it's worth.
Wonderful speech. You’ve actually given me the first glimmer of hope that there are wonderful people with experience to help lead as we fight the globalist elite who are Endeavoring to ruin all our lives.!! I’m on board the Arc. Let’s get some serious momentum & pushback.
While this speech might not be as flashy as some of the other ones from ARC 2023 (many of which are brilliant), it is probably the most important one. Without solving rampant cronyism and monopolistic behaviour in the West, all the other endeavours proposed at this conference aimed at saving the West from decline cannot succeed.
on the topic of good capitalist governance.....need to talk about enforcing a policy of "right to repair" and not making "planned obsolescence" products. and break up of huge monopoly size companies.....google Apple etc etc as you mentioned
Thank you so much Paul Marshall for eloquently and powerfully expressing pretty much exactly my views. As a lifelong entrepreneur, I think your analysis of cronyism, corporatism and monopolies is spot on and I love the fact you include Davos alongside Somalia and Sicily! Your funding of GBNews is helping to break the stranglehold on MSM opinion forming from BBC/SKY/ITV and they are doing everything they can to protect their cosy cartel by trying to get GBNews shut down. You are the type of clear thinking disruptor that we desperately need to lead us out of this over-regulated and captured economy that works for the elites that control it - if you ever decide to launch a political career then I will come an do whatever I can to help.
A surprisingly moral analysis from a hedge manager of all people, but he’s right. The wheels are coming off the market wagon and the envy ridden parasite types are *always* eager to capitalize on the failures of the market. The question then becomes what can we, as societies *and* individuals do about it?
Paul mentions (indirectly) the need for robust antitrust law enforcement. There are various tough, comprehensive bills making their way in the US legislative morass that specifically tackle the big-tech behemoths. Naturally, Meta, Apple, Google, Amazon etc are pushing back strongly. We await their progress (Rex Ahdar, retired professor of competition law)
I also LOVE listening to Thomas Sowell. Through him, I really came to appreciate free market capitalism. It really has been the most effective system to lifting people out of poverty.
Cronyism is the biggest threat to a market capitalist system. Ironically (or perhaps not) those who benefit most are those most likely to destroy the thing that benefits them.
Fully agree!! The power merging that has been happening for 20 yrs is scary as hell. Rush use to talk about it specifically with the merger of large newspapers and tv networks being absorbed. He told us what today would look like. Rush is missed
Well spoken, very well put together, coalescing the thoughts we've all had for those two decades you mentioned. So how can you be part of the solution Mr Marshall, besides these eloquent words you've spoken?
3:52: "Free markets truly propser in societies where there is a proper shared understanding of virtue and mutual honor (my word is my bond). When virtue breaks down, you see emergence of mutant strains of capitalism: Monopoly capitalism, Crony Capitalism, Woke Capitalism"
The core of these three problems is the size and role of the state government. The US foundation is based on government and state power suspicion, but even there, we have seen a steady growing role, size, and power of state bureaucracy. In the rest of the Western world, the situation is much worse, on the verge of full fledge tyranny, as we have witnessed during the so-called covid pandemic.
Enumerated powers. Federalism. All foreign and outdated concepts. Indeed, the US Constitution has failed to do what it was supposed to in this regard, which was to compel a state to rein itself in. It’s not a hopeless cause, but it’s quite sad at the moment.
I do not agree that Donald Trump became a part of The Swamp, but I agree with just about everything else he said and appreciate his analysis and explanation of corporatism and its impact on our lives. Campaign reform and insulation from corruption by special interests are critical to getting the United States off America back in track.
As an old leftie from way back, I can see merit in his arguments. I call myself a socialist - my idea of socialism is a system in which the state facilitates the the free initiative of the individual unhindered by bureaucracy or corporate control.
Milton Friedman explained this and so much more over half a century ago. At that time, countries such as the US, the UK, Germany +++ all listened and transformed their economies for the better. Milton Friedman was correct then and he is still correct now and while he lived, no one could counter his arguments but instead waited until he passed in order to misrepresent him. In the abstract, it's easy enough to demonstrate how a system of competitive free markets is ultimately superior to any of the alternatives - but suppose then that you're a person, devoid of any particular talents and finding the thought of hard work or risk taking utterly abhorrent to you - how do you like it now? You want these people to play a game that they cannot possibly win; in a competitive free market economy they will fail and so what did you expect them to do - where do you expect them to go? Now please check Government spending as a % of national income in every advanced western economy and see if you can find any answers? 🤔
Interesting. The problem is that the state became so powerfully corrupt, and culture became so woke-zealot that I can't see the light in the and of the tunnel.
THANK YOU for this marvellous speech - it is everything, on this particular subject, that I would like ore need to hear. And I, a complete finance novice can understand it, and appreciate its aims and objectives for all.
I came of age (politically and chronologically) in a milieu of rising protest against capitalism, and rosy glasses about the possibilities of communalism as the antidote. For decades I seconded the quip from Charlie Chaplin (was it?) when asked what he thought of socialism: "it's a good idea - we should give it a try". We all thought that whilst the USSR and China had taken Marx's ideas in an unfortunate direction, it didn't necessarily need to be thus. Lately though (watching how those ideas have scaled up across the entire education system and beyond) I am not so sure! So I have become interested in listening to the values and ideas of those who believe in Free Markets. After all, I have always believed in freedom (maximised to the extent it doesn't impinge on others' rights to self-determination) so I have been trying to re-think the laisse-faire characterisation of Capitalism (which seemed to give carte blanche to the cronies and the monopolies), wondering just what exactly needs to be restrained (by law, tax, whatever means...???) to make it fair and workable. Happy to have found this talk!
Beware! Thomas Sowell is no fan of the New Deal and is a trenchant critic of Roosevelt, point out the enormous harm it did to the economy and the poor in the USA His analysis, observations and opinion must not be ignored by this genius of economic wisdom.
I discovered Thomas Sowell late in my life, just prior to retiring a few years ago. Since then I have read at least 6 of his books and watched countless RUclips interviews, debates and discussions that Thomas participated in. In my opinion Thomas is a National Treasure, I fear we will not have him much longer as he is now into his 90’s. He will be sorely missed, we need someone like him to take up his torch.
Great speech I’ll never forget that small business was shut down while big box store corporations stayed open during C-19
Absolutely correct - it must have been that the small businesses were all infected!
That should have woke people up
It should have been all the evidence needed for people to realise that the government has no interest in the common person and their prosperity.
Yes, Chris. That should have awakened people who weren't already awake.
agreed but now i feel that the word "woke" is tainted, unfortunately@@margaretbleakley8526
Thanks to J. Peterson for ARC, a absolute necessity in today’s messed up world.
This guy is the first to indicate the main reason! “Woke Culture”, ESG are the instruments of capture power by the corporate and bureaucratic oligarchy. The movement of anti-globalists, "Occupy Wall Street" - where are they? Do you really think that a bunch of woke freaks can intimidate corporations and government?! Cultural wars are a distraction of attention from the main thing! The bait of attention is the main trick of crooks, magicians and manipulators.
@@grantdamsgaard2702 YT is being overrun with spam/hate-bate/harassment and political propaganda bots. Not impossible it was an obvious one of those.
Or it was a normal person who made a valid, point but used one of YT censored words of the week and got ghosted for it.
Edit. It is the second one. He calls out who and what is behind all of this and YT doesn't like it being publically discussed.
@@grantdamsgaard2702 change view to "newest"
If a reply is reported as spam, harassments, (sometimes bad actors), etc., the reply becomes unviewable while under review but the reply's presence remains in the under the expand replies icon. It is quickly "reviewed" by software (I'm not calling it "AI"), the count resets or if there was only one reply, the icon is removed. @muntbara suggestion points to the fact some comments in the main list can only be seen if you select "newest first" sort. I am certain that is not a "glitch", as some believe. I believe it is done by YT's software on purpose. The "problem" has existed for a very long time and YT has not fixed it. The reason for this "glitch" is not in any help section or search by Google on it's servers, that I am aware of. You can find "the suggestion", "just sort by newest" all over the place, I am sure there multiple reasons, like a glitch. @@grantdamsgaard2702
Does watching ARC videos give anyone else a sense of hope? It sparks joy for me! (wish I could be there)
It's just such a breath of fresh air.
Absolutely, great speeches for wakening people up 🙏🏻💚
Yes! Thats an understatement. I'm constantly emotional when watching, even a topic like this. Maybe my subconcious is picking up on a significance I dont grasp intellectually.
It's the first thing in years that does.
It's refreshing to hear that there's still humans out there that are still thinking and caring about other humans, the world has become an extremely selfish place and it needs to stop.
I do think people need to wake up before it's too late.
He is the first modern day businessman to describe the failings of the free market capital system that I have had the pleasure of hearing. But of course, the road to change is covered in crocodiles slithering out of the swamp to eat those who dare attempt it.
Kevlar adorned crocodiles at that.
This guy is the first to indicate the main reason! “Woke Culture”, ESG are the instruments of capture power by the corporate and bureaucratic oligarchy. The movement of anti-globalists, "Occupy Wall Street" - where are they? Do you really think that a bunch of woke freaks can intimidate corporations and government?! Cultural wars are a distraction of attention from the main thing! The bait of attention is the main trick of crooks, magicians and manipulators.
Interesting how all the "failings " you claim are caused by the free markets came as a result of government interference in the free markets. From Healthcare to lobbying and monopoly there is always a string that runs back to government who allowed and encouraged the above problems.
@@JohnDoe-ks9xx Yes, governments have role, but I think he was saying that business is very capable of corrupting itself.
Is he going to get into Politics ?
He hit the nail on the head, great speech. Cronyism is and will destroy all of our freedoms. Note: free markets is the correct term, and not socialist definition called capitalism.
I remember reading Basic Economics by Thomas Sowell and his breakdown of “centrally planned” economies versus “price coordinated” economies was incredibly enlightening for me.
that was it right there
@@hayseedfarmboy - You made me smile out loud. LOVE your username. From, a hayseedfarmgirl!
Watching ARC stirs my heart just like the Canadian Freedom Convoy !
Excellent speech. A true free market, and "REAL" capitalism is the only way to guarantee prosperity for all.
Thank you. My father lived and taught "your word is your bond". His advice has served me well.
❤❤❤ thank you Dr Peterson for organising this event. Ww are in the fight of our lives and the survival of the West civilization
I'm really glad I listened to this. Great summation. This needs to be shared far and wide. People always blame capitalism when it's the corporatism and cronyism that erodes it.
James Lindsay's 28 min talk at the European Parliament is the best summation of the Woke cultural revolution in the West.
They call it capitalism and hold it as responsible for our current woes, when in reality we have been moving away from a free market and competition for a long time, accompanied by an expansion of the public sector.
Im really glad I can watch and be apart of this from the other side of the world
Me too!
great start to ARC..... Thankyou Jordan Peterson and all the others involved in bringing this alliance to the world. This (ARC) is what we desperately need. Genuine facts and leadership. Now it is up to us, the public, to do our part. Spread the word, help grow the "Alliance for Responsible Citizenship", and do YOUR part to help bring about a better more positive world for all of humanity. Put an end to the distopian vision offered by the elites of Davos and the WEF gang. Bring individual Freedom and responsibility back to the forefront of a free and prosperous society. Thankyou.
Very good lecture. It's encouraging to hear these thoughtful remarks that go beyond the traditional economic divides.
Inspiring to hear this from a hedge fund manager.
He is one of the backers of GBNews
WOW That was an awesome speech!
I'd like to forward the link to this video to the so-called leader of Canada. 👏👏👏👏 Many thanks!
It would have taken a lot for this man to stand up and speak common sense.
This guy is the first to indicate the main reason! “Woke Culture”, ESG are the instruments of capture power by the corporate and bureaucratic oligarchy. The movement of anti-globalists, "Occupy Wall Street" - where are they? Do you really think that a bunch of woke freaks can intimidate corporations and government?! Cultural wars are a distraction of attention from the main thing! The bait of attention is the main trick of crooks, magicians and manipulators.
@@grantdamsgaard2702probably wrong think, I get told off by RUclips regularly.
ARC has been delightful. We need more voices for common sense, responsibility, cooperation and hope. I hope the doom and gloom rhetoric has fried our collective brains to the point that we yearn for something new.
Honesty, I'm shocked, but about time we heard it from one of thier own. Well said, great speech.
This gave me goosebumps when he mentioned needing to make decisions that benefit society as a whole. I sincerely hope to hear more of this and to see action taken. He also corrected a lot of false assumptions I had about a free market economy. It is clearly the cause of a lot of misery but produces so much good when applied correctly. This contradiction has driven me nuts and he has helped alleviate some of that frustration. Never heard of ARC before - big fan now!
An outstanding presentation by someone with intimate knowledge of the workings of the Masters of Profit at the expense of principles.
Great speech. Nice to know its not just us Jimmy Dore subscribers (and other fringe political junkies) concerned about Regulatory capture
Congratulations to ARC for The revival of those who have been Lost and in need of people who have The Power and influence to express our feelings and anguish toward The directions The world is taking us. Need to change urgently
Thank You for Opening my eyes to Government Corruption.
The problem now is, How do we Stop it from happening ❓
he's a self aware man and he truly does point out uncomfortable problems
Excellent talk on economics! A MUST listen!!
This whole Conference was acurate and intelectual . Also base on moral
Thank you so much for this talk. When our government in the US gave corporations the same “rights” as a person it turned our nation to a perilous path. To reverse such a standard would be a good first step in what you were describing.
What's the causal factor? The belief that anyone can "give" rights at all. That which can be given, can be taken away, but rights are *unalienable* and "endowed by the Creator" (i.e. naturally-occurring). It seems something was lost between the Declaration and the Constitution.
Damn, only few of the people who outright speaks about Corporatism and Cronyism
Comment on one of ARCs videos. Places like Grimsby is a good shout to get started if anyone is looking to invest, or set up any new industries, businesses etc. Apparently It's one of the abandoned communites left in the wake of the destruction of the fishing industry in Britain. Revive a community like that, and many others, and ARC will really prove what it's worth.
Wonderful speech. You’ve actually given me the first glimmer of hope that there are wonderful people with experience to help lead as we fight the globalist elite who are Endeavoring to ruin all our lives.!! I’m on board the Arc. Let’s get some serious momentum & pushback.
Yes! Thank you for your support
Excellent speech
Woow absolutely brilliant....Dublin
Very good speech!
Standing ovation for this epic speech!!
While this speech might not be as flashy as some of the other ones from ARC 2023 (many of which are brilliant), it is probably the most important one. Without solving rampant cronyism and monopolistic behaviour in the West, all the other endeavours proposed at this conference aimed at saving the West from decline cannot succeed.
Thank you so much - we also think Paul Marshall’s talk was absolutely brilliant and incisive.
I am so glad I listened this this speech. I of the best, honest assessment of capitalism. Thank you
Great speech.
Well said!
Amen!
Appreciation and blessings from Sydney.
Sir Paul! This talk gave me hope someone out there with connections and a bit of power can fight back
on the topic of good capitalist governance.....need to talk about enforcing a policy of "right to repair" and not making "planned obsolescence" products. and break up of huge monopoly size companies.....google Apple etc etc as you mentioned
This is the most important speach i have heard from ARC yet.
This was the best ARC speech of all I've seen so far.
Thank you so much Paul Marshall for eloquently and powerfully expressing pretty much exactly my views. As a lifelong entrepreneur, I think your analysis of cronyism, corporatism and monopolies is spot on and I love the fact you include Davos alongside Somalia and Sicily! Your funding of GBNews is helping to break the stranglehold on MSM opinion forming from BBC/SKY/ITV and they are doing everything they can to protect their cosy cartel by trying to get GBNews shut down. You are the type of clear thinking disruptor that we desperately need to lead us out of this over-regulated and captured economy that works for the elites that control it - if you ever decide to launch a political career then I will come an do whatever I can to help.
Love it
claping here in Sydney
Yes! Thank you and Greetings 👋
A surprisingly moral analysis from a hedge manager of all people, but he’s right. The wheels are coming off the market wagon and the envy ridden parasite types are *always* eager to capitalize on the failures of the market.
The question then becomes what can we, as societies *and* individuals do about it?
Paul mentions (indirectly) the need for robust antitrust law enforcement. There are various tough, comprehensive bills making their way in the US legislative morass that specifically tackle the big-tech behemoths. Naturally, Meta, Apple, Google, Amazon etc are pushing back strongly. We await their progress (Rex Ahdar, retired professor of competition law)
Excellent speech.
I also LOVE listening to Thomas Sowell. Through him, I really came to appreciate free market capitalism. It really has been the most effective system to lifting people out of poverty.
Thank you Paul, very informative and explanatory of the mess that is currently the global markets.
Amazing speech.Thank you Paul Marshall
Cronyism is the biggest threat to a market capitalist system. Ironically (or perhaps not) those who benefit most are those most likely to destroy the thing that benefits them.
Highlights and clarifies an important topic - useful talk
Kudos.
Top man. Interesting to see whats coming out from Arc. There is hope yet.
Excellent finally nailing the issues!
Very educational and loved the Davos call out too. Lol
Fully agree!! The power merging that has been happening for 20 yrs is scary as hell. Rush use to talk about it specifically with the merger of large newspapers and tv networks being absorbed. He told us what today would look like. Rush is missed
Truth starts creeping out and why these certain folks have been brought together. Truth is mandatory or doom will ensue
Well spoken, very well put together, coalescing the thoughts we've all had for those two decades you mentioned. So how can you be part of the solution Mr Marshall, besides these eloquent words you've spoken?
3:52: "Free markets truly propser in societies where there is a proper shared understanding of virtue and mutual honor (my word is my bond). When virtue breaks down, you see emergence of mutant strains of capitalism: Monopoly capitalism, Crony Capitalism, Woke Capitalism"
Superb!!! Pls let’s do everything Thai man says
I wish to help this process succeed !! Well done ARC
As a "Lefty" of old I never could have imagined I'd find common cause with a Hedge Fund Manager! Its one weird, weird, weird world we live in!
You must be an actual Liberal, there are so few of you remaining, I miss Liberals more than I ever thought possible.
Thank you for pointing those out loudly!
Every classic liberal and libertarian should watch this. This is bang on!
Speaking the truth. We need free market reform.
Well, yes, but we have known all this for many, many years.
The core of these three problems is the size and role of the state government. The US foundation is based on government and state power suspicion, but even there, we have seen a steady growing role, size, and power of state bureaucracy. In the rest of the Western world, the situation is much worse, on the verge of full fledge tyranny, as we have witnessed during the so-called covid pandemic.
Enumerated powers. Federalism. All foreign and outdated concepts. Indeed, the US Constitution has failed to do what it was supposed to in this regard, which was to compel a state to rein itself in. It’s not a hopeless cause, but it’s quite sad at the moment.
It more than just the US. What he speaks to is rampant amongst practically every western nation to one degree or another.
@@jaym2112Don't blame the US Constitution. The US Constitution can't do anything. It's the people charged with upholding it who must act.
@@looseSpark Politicians have been wiping their asses on it for years.
Fantastic speech!
Very interesting speech.
I do not agree that Donald Trump became a part of The Swamp, but I agree with just about everything else he said and appreciate his analysis and explanation of corporatism and its impact on our lives.
Campaign reform and insulation from corruption by special interests are critical to getting the United States off America back in track.
Well this is different, in a good way
Arc is like Noa Arc great parallel universe Jordan you are blessed to bring a new hope for our survival and secure our planet
Great speech.
Many important elements.
Eyes on Argentina. Will it change?
Thanks John !
Where are such statesmen today? This guy nails it. Based.
As an old leftie from way back, I can see merit in his arguments. I call myself a socialist - my idea of socialism is a system in which the state facilitates the the free initiative of the individual unhindered by bureaucracy or corporate control.
Liked the Teddy reference, this was interesting.
Bring back a Main Street economy! Nobody is forcing us to buy from huge corporations, I’d buy from my neighbor over Walmart every time
And farmers markets
Well said ….. that sums it up for me.
Outstanding.
thanks
He is good !
Great speech
Milton Friedman explained this and so much more over half a century ago. At that time, countries such as the US, the UK, Germany +++ all listened and transformed their economies for the better. Milton Friedman was correct then and he is still correct now and while he lived, no one could counter his arguments but instead waited until he passed in order to misrepresent him. In the abstract, it's easy enough to demonstrate how a system of competitive free markets is ultimately superior to any of the alternatives - but suppose then that you're a person, devoid of any particular talents and finding the thought of hard work or risk taking utterly abhorrent to you - how do you like it now? You want these people to play a game that they cannot possibly win; in a competitive free market economy they will fail and so what did you expect them to do - where do you expect them to go? Now please check Government spending as a % of national income in every advanced western economy and see if you can find any answers? 🤔
The avarice of the politicians, banks and many major companies is destroying the dreams of the young generation and only the elites are prosperous.
Say it loud and say it proud… ❤
Interesting. The problem is that the state became so powerfully corrupt, and culture became so woke-zealot that I can't see the light in the and of the tunnel.
Ooooh my man had the steelies to call out Davos. I like this man.
The pendulum can only swing so far before it comes back.
Fantastic speech, i hope this gets bigger and bigger👍🇭🇲🦘
THANK YOU for this marvellous speech - it is everything, on this particular subject, that I would like ore need to hear. And I, a complete finance novice can understand it, and appreciate its aims and objectives for all.
I came of age (politically and chronologically) in a milieu of rising protest against capitalism, and rosy glasses about the possibilities of communalism as the antidote. For decades I seconded the quip from Charlie Chaplin (was it?) when asked what he thought of socialism: "it's a good idea - we should give it a try". We all thought that whilst the USSR and China had taken Marx's ideas in an unfortunate direction, it didn't necessarily need to be thus.
Lately though (watching how those ideas have scaled up across the entire education system and beyond) I am not so sure! So I have become interested in listening to the values and ideas of those who believe in Free Markets. After all, I have always believed in freedom (maximised to the extent it doesn't impinge on others' rights to self-determination) so I have been trying to re-think the laisse-faire characterisation of Capitalism (which seemed to give carte blanche to the cronies and the monopolies), wondering just what exactly needs to be restrained (by law, tax, whatever means...???) to make it fair and workable.
Happy to have found this talk!
I would appreciate the next subject "how to get rid of all crocodiles".
This guy might help. We need him.
www.the-sun.com/wp-content/uploads/sites/6/2023/10/NINTCHDBPICT000849672707-2.jpg
Crikey! You know a Steve Irwin meme is coming…
Beware! Thomas Sowell is no fan of the New Deal and is a trenchant critic of Roosevelt, point out the enormous harm it did to the economy and the poor in the USA
His analysis, observations and opinion must not be ignored by this genius of economic wisdom.
I discovered Thomas Sowell late in my life, just prior to retiring a few years ago. Since then I have read at least 6 of his books and watched countless RUclips interviews, debates and discussions that Thomas participated in. In my opinion Thomas is a National Treasure, I fear we will not have him much longer as he is now into his 90’s. He will be sorely missed, we need someone like him to take up his torch.
Brilliant, you should add MULTICULTURALISM.
Excellent speech, slightly diminished by parting shot at Trump, whom Swamp prevented from enacting his policies. TRUMP 2024