What is Morally Right About Economic Freedom | Daniel Lapin
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- Опубликовано: 10 фев 2025
- The 2009 Lou Church Memorial Lecture in Religion and Economics, presented by Rabbi Daniel Lapin. Recorded at the annual Austrian Scholars Conference, Ludwig von Mises Institute, 12 March 2009. Includes a Welcome and Introduction by Joseph T. Salerno.
The simple expression of ideas here is so wonderful.
Gosh what a great talk, thank you Rabbi Lapin.
Terrific lecture.
Go to 7:25 if you want to skip the LOOOONG intro. Thumbs up so others can save the time too. PEACE!
Actually, his lecture was quite enlightening. It should be of particular interest to Christians and Orthodox Jews since so many, particularly the former, have embraced socialism, willingly or otherwise, as the only moral economic system.
brilliant!
17:33 is a refutation of historical materialism. Once people know something they could pass on the knowledge. They don't have to go through stages of material development.
Human uniqueness is also the reason for monogamy. Animals are interchangeable. "Cheating" is not really a problem, because it wouldn't be cheating. Humans are unique. Therefore your spouse is unique too. Even though someone else has basically the same body, they don't have the same personhood. It's no wonder that promiscuous people tend to be collectivists. All women are just different colored round butts to them.
There is a scene in a movie where someone breaks a dish and say that they'll buy another one. The owner angrily remarks that you can't replace everything, alluding to his dead son.
Part of the market process depends on belief because if I had all the relevant knowledge then it would be too late to make a profit. ---- Interesting new insight
Taking a risk does not add value by itself. Driving my car recklessly along a cliff and scaring my passengers provides provides no value.
Venture capital and other loans are a different matter from stocks. Except for rare cases like an IPO, where the corporation itself is selling stock, stock trades provide zero money to the corporation. Normally, you just buy the stocks from another individual, which provides no service to the corporation or worker generating your wealth.
Like if Gary North sent you
@sbuttgereit I messed that up, I meant religion.
The government(or set of rules without a government) that would best support individualism and therefor freedom, which has been proven to increase the quality of life, is one that allows people do do whatever they want as long as they don't violate other people's property.
I think Washington summed it up nicely here:
"Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master."
His jokes (perhaps because they are awkward) demonstrate the absurdity of "political correctness" and "racial sensitivity" and "identity politics". How many fruitful discussions, how much promising research would become suppressed because people cannot acknowledge the difference between edification and insensitivity? Rabbi Lapin's humor and optimism is reassuring, especially from a religion with a reputation for stuffiness or legalism. It teaches that walking with God offers joy and prosperity.
Not sure about you, but I put salt on the table because it tastes good.
@fleabeard If you take free markets and free exchange to the natural conclusion you don't need government at all. Government is a combination of a monopoly on violence and legal theft. The alternative is called anarcho-capitalism. There are lots of videos done by the Mises Institute about it. I think Walter Block is the best speaker on this subject.
I also thought it was funny. Of course as an American I am circumcised but I am not a Jew.
@rrp1973
The better way to justify what value you bring is the organization of resources to where they're most desired for a more prosperous future.
Not to disrespect Rabbi Lapin, but the Mises Institute usually has much more intellectually inclined speakers. I wish they would stick to non-religious speakers.
tbudha, do you have more info on alternative currencies and merchants that accept them? I'd like to be a part of the solution.
If you're making profits from trading in the stock market, then it's not all that far from slavery. All your doing is profiting from buying a stake in the hard work of another. Because of all the laws, regulations, fees and debt-based financing, it's difficult for people to open their own businesses. When they become so faceless, it's easy for temporary profits to drive unjust decisions.(e.g. employees cannot accept tips for excelling because it creates some paperwork or raises customer cost)
@jazzbo66zz virtually nobody would be unemployed in a true free market, the reason why there is unemployment of these desperate people is that there is a minimum wage which has the basic affect of un-employing everyone who can't produce more then the minimum wage. Basically all these people in California living in tents and unemployed are sitting there while at the same time tons of illegal immigrants are working for less then the minimum wage.
I thought it was pretty funny.
@Media
Anyways, great video. But it honestly felt longer than the recent Peter schiff video that was posted a bit ago. I guess because of the heavy topic.
I just told you why the police is needed "however it is the law that allows the enforcers to pursue him and put him away so he doesnt do harm anymore." Who in your anarchy will enforce the "rules"?
Yes. Corporations and stock markets are creatures of quasi-mercantilist government policy. Corporate law allows the very wealthy to run companies that they do not have to directly capitalize. It eases the risk of business off the elite and onto the base of the stock investors. Big deal, right? The regulatory policy of government simply makes competing with the big boys harder.
Corporations are not "free markets". Jefferson fought to prevent the creation of corporate law and lost.
@truevoice08
the term you are looking for is arbitrage. If there was perfect information, there would be no arbitrage
@sbuttgereit Libertarians have a moral foundation, what are you talking about? I think your trying to say that they don't have a BELIEF STRUCTURE or aren't an all encompassing philosophy, and I would say that is their strong point. It doesn't matter if people want to be irrational in their personal lives as long as they share the common belief that everyone is allowed to do as they please as long as it doesn't interfere with someone else's property.
@rrp1973 Yes you are right, but there are acceptable, reasonable, and morally supportable risks and there are what Wall Street has been doing. Risk taking without fear of repercussion is not only oxymoronic, it's morally indefensible.
So you want rules without any enforcement? Sounds great, and people will not violate those rules just because they are angels? I get it that once a murderer has committed a crime, the laws didnt stop him, however it is the law that allows the enforcers to pursue him and put him away so he doesnt do harm anymore.
subtitulo en español porfavor
This Rabbi said a lot of great things. His last argument is completely ludicrous.
"If God made us, capitalism works! but if Evolution is true, then capitalism doesn't work". THIS IS COMPLETE NONSENSE!!
Just because I came from a monkey some thousands of years ago, doesn't mean that i don't care about helping my fellow man, or even fellow animal, or even fellow plant.
He said some great things, but then he makes himself look stupid by adding that on to the end.
He is thus refuted.
@jazzbo66zz Minimum wages boost the wage of a small fraction of competent people while un-employing the most desperate people. See if people in California hired californians at below minimum wage they would be putting them selves at risk of being sued by the native worker for breaking the law, the illegals are already breaking the law so the employer knows he is safe as an illegal will be deported if caught, working for an illegal wage or not.
@jazzbo66zz part 3
"the US is at the bottom"
Of what list, show me ONE list on which the US is at the bottom for how well the poor live. Everyone in the US is MUCH better off then the average person was under the soviet state, most of south America, virtually all of Africa and also most of Asia. You really haven't taken a look around at the world if you think American poor are doing badly, at least by world standards.
You exploited my labor by taking your pay from it and not doing the work yourself.
With established corporations, workers do everything to generate revenue. A stock holder typically gets paid income (dividend) as a cut of the income the workers generate or the workers make the company appear more valuable to make your stock appreciate. Usually, the only work the stockholders did was decide who to get to earn money for them.
Could have done without the circumcision tangent. I mean really, that was just awkward
@jazzbo66zz Wow, you want to see peopel starving? Go look at socialism. Far less people have starved in twice as long under capitalism as starved in Communism in half the time. Free markets are nothing other then free exchange. What is immoral about offering someone a job and them willingly accepting it? Or offering a good at a certain price and someone willingly paying it? Your argument is against a straw man.
@jazzbo66zz You keep throwing this word capitalism in there like you know what your talking about. Capitalism is the free exchange of goods and services, what does this have to do with a massive military budget? I have tried to tell you that what we have is not capitalism and you just ignore me, when markets are regulated or controlled by the government it is a form of socialism, end of story. Socialism isn't capitalism.
Were they serving alcohol in that room? Seriously those circumcision jokes did not deserve that much laughter, if any. Let's stick with economists instead of clergymen at the Mises Institute.
i entirely agree!!! This is nonsense!!
His final argument "capitalism only works if we're created by god! If evolution is true, then helping your fellow man, and trying to have a living while helping each other is impossible"
He said some great things, but trying to say that economics and religion go hand in hand just absolute nonsense
This dude ain't a real rabbi, at least does not hold to what the Torah teaches. Goes around to Christian churches and gives false teachings, I'm guessing he must get paid a lot for his speeches.
...and where exactly in the Torah, dear Mase Molina, does it prohibit teaching Tanach to churches? And what exactly do my speaking fees (which are high) have to do with whether I am a real rabbi or not? Cordially ~ RDL
Slum lord ism is fine love for others but book burn ism is also fine!
Decent speech until the end at which all logic is thrown out the window and his bias towards faith shows tremendously. There's no reason why if faith is wrong the default position should be socialism. I can only assume it's a sort of arguing from consequence. "You don't want to be socialist, right? Then you better have faith!" Pretty cheap if you ask me.
Katalmach Are you not both entitled to your opinion? If he thinks faith helps and you do not, I say so what to both views.