What. The. Heck. Schiff undercover at the DNC. "Ban corporate profits"

You guys think all of this is bad? Watch this.

Yeah I posted those last month. Personally I don’t find simple economic illiteracy worse than “the difference between the two is, in North Korea the workers get paid a decent wage. We need Stalin back.”

But that’s just me.

Very true on the youth being the future and bright spot. I guess I was just shocked that someone who lived through so much time while the USSR was still alive and kicking would be so in favor of socialism and would suggest it doesn’t result in poverty and murders. But I guess I should be no more shocked than young folks not being able to see what’s plain to see, that government is behind the problems in the economy and society. Thanks for the other video too, JJ.

What i want to know is how the occupy wall street socialists are SOOOOO incredibly uneducated (for the most part), but believe they understand socialism so much? Everytime someone asks those morons SIMPLE questions they dont have answers and it looks like they never even thought about it.

Seriously, ANY action at all that i do i can defend , from going to see a particular movie to choosing walmart brand butter over the popular expensive brands, and answer anyone better than these people who are standing outside protesting for weeks on end.

Who is telling these people about ‘how great socialism is’ because they are obviously not educated enough to come up with that decision on their own? Or are they seriously so greedy/selfish that they want a system of society that they can prosper without having to do anything? i dont understand them at all

People walking around with minds not their own, believing things without knowing why they believe them, acting on those beliefs without knowing what they are doing. Automata. Zombies. Surely not “people” in the important sense of the word.

…now here’s a scary thought. Is it possible that it’s always been this way? Could the idea that most people are basically rational and self-aware be a hopeful delusion on the part of the few who actually are rational and self-aware? Are we already living in the zombie apocalypse?

Queue Twilight Zone soundtrack, end rant.

How did Schiff get his credentials to gain access inside the DNC?

how about

banning government

governments not recognizing corporations, separation of government and corporation.

Protests obama’s policies

Calls self keynsian

New signature.

I would just like to point out, this video was uploaded 2 days ago, and it already has more than 3 times the number of views of his next most popular video.

Anyone know who the tastemaker is?

They did as far as i am consinered the dnc is the communist party . Never been much diffrence in there platforms

Luckily he was asked…

“these are the smart democrats”

hahahahaha

If you use profits in the classical/marxian meaning, I’m all for banning profits, unearned income in general.

The only “bad” income is fraud. Where you’ve lie, cheat, or steal. Marxists seem to think if there was profit, then you necessarily lied, cheated or stole, nevermind whether or not it’s actually true.

The problem is that the large financial institutions did lie, cheat, and steal. But they somehow are deemed “too big to fail” so they get bailed out instead of failing, that’s theft. They didn’t start out too big to fail. They had to lie cheat and steal, with the protection and help of government in order to prevent competition or legitimize behaviors they could not have engaged in with sound money and ethical oversight.

Income is profit. Profit is income. If you got it you earned it. Theft and fraud are different.

If there is profits (in classical sense) means there was employment, and that’s stealing, because the workers alienated their labor, which is illegitimate.

Okay Papi, (rhymes with happy), how about you go ahead and tell us what “profit” is, instead of just cryptically throwing out polemics.

@JJ

Papi() said he’s using the Marxian term (I assume in jest). Marx said that profits were only possible if labor is exploited.

…meaning people were paid (and voluntarily accepted) less than their labor is “worth”. He said he’s in favor of banning such profits. I’m curious how he plans on determining how much one’s labor is worth.

I’m not sure that this necessarily follows. People get paychecks. Is it voluntary that they are tax through withholding? I realize contracts are signed, but what could I do to prevent taxes from being withheld?

Again, I’m sure he was being sarcastic.

It’s in Capital. It’s been awhile and I just got up and am not about to get it out and read it. Labor value is determined by effort and time or something super identifiable like that.

I’m curious how he plans on determining how much one’s labor is worth.

By the price that the products were sold at (or the services paid).

Again, I’m sure he was being sarcastic.

Actually, no, I’m a “state mutualist”

Labor value is determined by effort and time or something super identifiable like that.

For enlightenment thinkers and to the latter (libertarian) socialists- labor theory of value meant basically a subjective theory of value mixed with the just price theory. Marx was an idiot.