Comment on Most of Lemmy right now

• FabioTheNewOrder@lemmy.world ⁨1⁩ ⁨week⁩ ago

  Wrong facts but facts nevertheless.

  Please tell me how the absence of laws and agencies mandated to overview the adherence to said laws by big industrial realities could improve the quality of live for common citizens who are already power-deprived in front of big corporations thanks to the lack in founding of state agencies in return for the campaign contributions all parties rack in from their wealthy donors with each election cycle

  Pro-difficulty: use your words instead of linking to a badly argued YouTube video

  Protip: you can’t

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  • redut_nl@lemmy.libertarianfellowship.org ⁨1⁩ ⁨week⁩ ago

    Because Thomas Sowell can tell it so much better with countless historic examples than I can and btw - it is not a ‘youtube video’ - it is a link to a rumble video with the complete audiobook. It just shows you how an economy works and the effects (negative and positive) of governments. One of the best books ever written on this subject. Highly recommended for everyone - left or right.

    Don’t be scared, he is not an anarchist.

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    • FabioTheNewOrder@lemmy.world ⁨1⁩ ⁨week⁩ ago

      He tells these concepts so much better and bring such clear examples to the table that you’re still unable to present your points in clear and readable manner.

      Please tell me how the economy works and how the “invisible hand of the free market” can improve the quality of goods and services for people in a market where the most important goal if any company is to extract the maximum profit from its customers.

      Let’s remember that even Harvard business review has finally accepted that the concept of the invisible hand is laughable (read here for reference), we just needed 3 major financial crashes (IT at the end of the 90s, housing market at the end of the 2000s and the economic crash of 2019) to experience this first hand.

      Please, remind me where the money which were used to save big businesses and big banks came from? Do I hear you say “the state”? Oh well, we would be better off without it at this point, right?

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    • knightly@pawb.social ⁨1⁩ ⁨week⁩ ago

      and btw - it is not a ‘youtube video’ - it is a link to a rumble video

      If I said things like that in public, I’d have died of embarassment.

      It just shows you how an economy works and the effects (negative and positive) of governments.

      If that’s what you’re interested in, then I’ve got a few book recommendations for you:

      The Dictator’s Handbook: Why Bad Behavior Is Almost Always Good Politics by Alastair Smith and Bruce Bueno de Mesquita.

      The Ecology of Freedom: The Emergence and Dissolution of Hierarchy by Murray Bookchin

      Capital in the 21st Century by Thomas Picketty

      Don’t be scared, he is not an anarchist.

      He’d be cooler if he was.

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