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- https://www.youtube.com/watch?v=jaP2GJvZlWY
- http://www.youtube.com/watch?v=vUtv5E6CkLE
- PJ
- 14:51 at the root of our survival there's Malthusian presence
- 17:55 state is tool in the game of competition
- 21:24 necessity to draw power and discount well-being of others
- SM
- 23:20 if you discount well-being of customers you're out of bussiness
- PJ
- 25:26 scarcity and competition - that is true face of the market economy
- SM
- 26:33 counters with government
- PJ
- 27:58 of course it's government, natural outgrowth, there are no rules
- coercion and voluntarism - these concepts are short-sighted, structural violence
- 34:00 is the result of gaming of competition and advantage
- 36:21 market system reinforces inequality more than anything else
- 39:13 mass murder originating from market system competitive propensity for growth and constant wealth imbalance
- SM
- 39:25 income tax, how mass market engages in mass murder?
- PJ
- 39:58 it creates inequality
- SM
- 40:14 cellphones, market is trying to provide cheaper and better goods to the people
- inequality because of the growth of the state
- PJ
- 42:03 inherent inequality, necessity for ppl to get advantage so they can survive at the expense of others
- SM
- 43:31 how market is producing mass murder?
- PJ
- 43:36 based on scarcity, assumption of having on gain at the possible expense of others
- SM
- 43:44 market based on respect for property rights, non-initiation of force
- scarcity is a fact of nature
- PJ
- 43:57 not as a fact of nature as it has been
- SM
- 44:12 scarcity is not foundation of the free market, scarcity is a fact of reality
- ...
- PJ
- coming back to the point, this system perpetuates inequality
- 46:42 you're supposed to be put on the pedestal for gaining while others suffer
- SM
- 46:59 in a free market you gain while other ppl suffer is foundationally incorrect
- exchange voluntarily we are both better off
- as long there's no force or fraud
- PJ
- 49:06 in a vacuum this holds true
- market coerces labour for income
- act of trade is coercive because ppl have to trade to survive
- SM
- 53:57 it's to their advantage to trade
- division of labour is economically productive
- 55:20 free market is voluntary exchange and state is initiation of force
- PJ
- 56:00 state is outgrowth of market
- 57:37 non-aggression principle becomes moot in the wake of what the system is generating
- 59:17 state is outgrowth of market
- within the state there is mechanism of market
- interest in self-preservation, differential advantage, basic gaming strategy
- SM
- 59:58 market doesn't create the state, there is a competition because of the state
- in the free market it would not possible to do so
- PJ
- 1:02:40 if the interest is there to create some type of power consolidation to maintain differential advantage
- SM
- 1:03:20 in a free society it's expensive to create a state, render themselves uncompetitive
- PJ
- 1:04:51 underlying ethic of the system these types of abuses
- 1:05:21 assuming that there's inevitable infallibility of the entrepreneurs
- that if they see the state they are going to run and use it to their advantage
- the very core value disorder inherent in they interest do that, to basically want coercion
- implies that every single entrepreneur is interesting in gaining whatever type of advantage they can
- the tendency of that is going to persist regardless [of the state]
- SM
- 1:06:51 "not caring for the interest of others" - if you are a business owner you have a lot of ppl to worry about
- win-win for the customers and for you
- 1:09:59 self-interest is wrapped up in the satisfaction of customers
- PJ
- 1:11:55 system pressure generation predicated on scarcity
- everyone is struggling for profit efficiency
- there will be winners and losers
- SM
- 1:14:14 you are freed up to do sth that is more productive
- PJ
- 1:15:20 employees suffered extensively
- ...
- SM
- 1:22:13 owners like to take care of their stuff, governments don't really care
- PJ
- 1:27:10 if it's not structurally in then it's not going to manifest
- you can't expect moral impositions to persevere in the wake of system that it's
- predicated on the exact opposite incentive system
- SM
- 1:29:22 governments are short-sighted when it comes to long-term economic sustainability
- PJ
- 1:29:35 it doesn't matter who owns it
- it matters what the process is and what is necessary to keep the profit going
- 1:32:45 battle for market share, war mentality, it might be very civil
- SM
- 1:33:35 that kind of sociopathic mass murderer in the same category as someone who starts convenience store
- PJ
- 1:33:48 it's the act of actual competition against others
- [further on they keep repeating themselves]
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