APEC Russia - economic crossfire

erect

erect

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Jun 3, 2007
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[ame="http://www.youtube.com/watch?v=fZeeVJqbDt4"]Has Capitalism Lost Its Compass? - Peter Lavelle APEC panel (ft. Jim Rogers) pt.1 - YouTube[/ame]



[ame="http://www.youtube.com/watch?v=8f_Hw3iD5zY"]Has Capitalism Lost Its Compass? - Peter Lavelle APEC panel (ft. Jim Rogers) pt.2 - YouTube[/ame]

Enjoy. They touch on the all kinds of juicy shit.
 


fuckin socialists

negative externalities occur because the environment is property of government. The government has no incentive to upkeep the seas from over fishing and sky from pollution as damage costs are burdened by the taxpayers. If these types of properties could be owned by individuals or communities, social costs will be incorporated into prices, reducing demand and thereby ensuring sustainability as it is more profitable in the long term.
 
these niggas are arguing over current examples on the presumption that we have a capitalist system when in fact we have quasi-facism. "the car companies didn't make the roads, the government did", nigga please, the taxpayers paid for the roads. On top of that tax generated to build roads is derived from income, and income can only come from production, which capitalism allows to grow at the maximum rate. Tell me "the government did this/that" when I see a politician actually fork out their own money to fund a government program.

o say can you seeeeeee

also the panel moderator is a cunt, let the certified boss jim rogers talk
 
Erect, I'd like to thank you for turning me onto Chandran Nair. I don't know how the world missed him. Holy shit is he right on so many levels. Obviously he isn't given the chance to talk in this discussion with all of the fallacies being thrown at him.

Regardless, thank you. His personal interviews are awesome.
 
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