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Does Capitalism Exploit Workers?



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Do workers exploit employers?

Do people exploit other people?

That's the basic problem. A kind looking uncle is a puppet for the moneyed puppeteers.

Thanks, Cyril!

Free includes debt-free!

The majority of this video is bs

He only comes round at the end to the real problem by saying that we shouldn't want to give the state more power. That's just wrong. (edit: ...wrong to wait!)

The real problem here isn't so much that there's some un-named structure in place that underlies the government. The problem is that money buys anything and we've given a pass to the banks for so long that they have complete and total control over how money is spent. They have undermined how government comes into and spends money. They have completely robbed the process by which businesses fund start-up and operating costs. They have even turned gunpoint to every monetary transaction individual people are involved in.

In doing so, they have systematically swapped our capitalist, libertarian based, free market AND PRO-WORKER world for one of rigged show-capitalism and fascism and in the process, they have ultimately turned the market into an employer's market. Giving the employers the upper hand in all wage negotiations (sans only the most sought after) has the effect of killing this video's argument that people will go elsewhere. That 'could' be true, but not overall when unemployment is kept positive. In a real libertarian world, unemployment would remain NEGATIVE all the time, wages would trend towards what people need to prosper and worker shortage would drive automation.

Instead, we have the opposite.

egapele's picture

I was prepared to type a rant on this thread

and then I actually watched the video. :-)

Great stuff.

Cyril's picture

Thank You, Learn Liberty.

Thank You, Learn Liberty.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

"Let it not be said that we *revealed* nothing."

"Let it not be said that we revealed nothing."

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius