Born Again Christian; Biblical Fundamentalist, King James Only, Dispensational

Born Again Christian; Biblical Fundamentalist, King James Only, Dispensational

Monday, February 24, 2025

Debunking Every Anti-Capitalist Argument Ever


The video includes a brief explanation of different a priori truths behind true economic claims (as described by the Austrian economists) and proceeds to refute a series of counter-arguments against capitalism using those truths and derivations from those truths. (PS: this video was made by an Anarchic-Capitalist and I disagree with any sections supporting privatized policing or military.) 0:00 Introduction 2:03 THE BASICS - Scarcity 2:26 THE BASICS - Human Action 3:11 THE BASICS - Time 3:54 THE BASICS - Value Scales 4:47 THE BASICS - Psychic Income 5:45 THE BASICS - Utility 7:00 THE BASICS - Labor vs Leisure 7:16 THE BASICS - The Market 9:35 THE BASICS - The Evenly Rotating Economy (ERE) 18:31 THE LEFT - Introduction 18:54 THE LEFT - The poor will starve 20:49 THE LEFT - Empiricism 23:20 THE LEFT - Capitalism causes war 25:03 THE LEFT - Capitalism unfairly distributes wealth 26:40 THE LEFT - Inheritance/Luck 28:28 THE LEFT - Tendency for the rate of profit to fall 29:36 THE LEFT - Capitalism exploits the laborer (pt. 1) 32:15 THE LEFT - Personal vs Private Property 35:24 THE LEFT - Capitalism exploits the laborer (pt. 2) 36:45 THE LEFT - Capitalism exploits the consumer 37:37 THE LEFT - There must be a winner and loser to every interaction 39:24 THE LEFT - "Free to Starve" 44:00 THE CENTER - One firm will take over (pt. 1) 45:05 THE CENTER - Monopolistic vs Perfect Competition 48:00 THE CENTER - One firm will take over (pt. 2) 48:31 THE CENTER - Monopoly Price 51:06 THE CENTER - Negative Externalities (+ Environmentalism) 54:09 THE CENTER - Comparative Advantage 56:23 THE CENTER - Minimum Wage 1:01:39 THE CENTER - People will hoard their wealth 1:03:40 THE CENTER - Price Gouging 1:05:25 THE CENTER - Automation 1:06:37 THE CENTER - Consumers are ignorant 1:08:54 THE RIGHT - Introduction 1:09:18 THE RIGHT - Protectionism 1:12:23 THE RIGHT - Historicism 1:14:08 THE RIGHT - "Profit over people" 1:16:58 THE RIGHT - War of all against all 1:18:29 THE RIGHT - Capitalism promotes selfish materialism, consumerism, and degeneracy 1:21:10 THE RIGHT - Capitalism treats people as machines 1:22:26 THE RIGHT - People are too affluent 1:23:15 THE "ECONOMISTS" - Cartelization 1:28:05 THE "ECONOMISTS" - Natural Monopoly 1:30:40 THE "ECONOMISTS" - Predatory Pricing 1:31:56 THE "ECONOMISTS" - Common Goods 1:34:11 THE "ECONOMISTS" - The "Free Rider Problem" 1:35:52 THE "ECONOMISTS" - The Network Effect 1:37:51 THE "ECONOMISTS" - Capitalism causes the business cycle 1:38:23 Conclusion