The Myth & Meaning of Monopoly Capitalism
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A refutation of the popular myth that portrays monopoly as an outgrowth of capitalism. Monopoly is not based on free-enterprise competition, but the escape from it. Monopolists like government regulation because it protects them from competition. The days when the government served the people are long since gone.
43 minute lecture by G. Edward Griffin.
Talks, Debates, Interviews
Dec 04, 2009, 07:33:55
Number of files
152d , 6h 38m 42s ago
I have to disagree.
The type of state you reference, which does not serve the people, is itself a product of capitalism.
After all, the ownership class needs someone to use violence to enforce their property rights.
This kind of talk about how a state as we know it is not "real capitalism" are straight out of institutional stupidity of bourgeois fundamentalism, though they know it not.
Real capitalism is what we have, it can't exist without a state to enforce property rights, and our modern states sprung out of the industrial age quite rapidly.
I haven't even listened to the talk, I will, and will change this review is warranted, but frankly, I don't see it happening.
My Review: ENEMY PROPAGANDA!
Dec 05 2009, 06:43 CET
It's a pretty lame "if only capitalism would be true libertarian capitalism, then capitalism would be good" argument. It's just a rant against monopolies and how monopolies are socialist (the evil socialism all capitalists hate). It doesn't sound like Griffin knows a thing about socialism.
Not exactly ENEMY PROPAGANDA, but not really interesting either (unless the american capitalist - nazi germany links are new to you).
Dec 05 2009, 23:08 CET
every form of monetary economics be it democratic socialist communist etc is classiest totalitarian fascism.
there is only one escape and it is to stop it.
Dec 06 2009, 00:17 CET
Is One Big Torrent really the place for seeding blather from that peculiarly USAn form of "free market" fundamentalism aka "Libertarianism"? The entire English-language WWW is full of this "libertarian" nonsense that seems to be so popular among the rich software-development set. It can be found elsewhere. It doesn't need to be here.
Dec 07 2009, 06:41 CET
I agree, what is this crap!? Infoshop.org developed a gigantic FAQ of what defines anarchism/anarchist beliefs specifically around the fact that anarchists were being lumped with these free market fascists. And now again we have to deal with this crap?
Now I know that obt has low standards and doesn't usually nuke anything that is a non TV or movie video, but come on. I commonly have to apologize for not checking out OBT torrents before cross-posting them to places where learned people go. Nobody is winning by not telling these truthers and libertarian wackjobs to GTFO. Frankly, supporting this garbage just degrades the reputation of OBT.
Dec 08 2009, 03:21 CET
So true! Only in the good old USA would a capitalist ever get away with calling himself an anarchist.
Dec 08 2009, 03:55 CET
it's worthwhile to have things posted, if only as an exercise in propaganda analysis. these things can be subtle to many.
Dec 08 2009, 11:56 CET
I don't put serious stock in the "benefits" of propaganda analysis of this type. The author makes blanket statements that the "truly free-market" doesn't allow for monopolies or cartels. I have never seen or heard a justification for this bullshit statement, in fact, I have no idea where this economic fallacy was born either. Who created it and WTF were they smoking?
Anyway I was just listing to "The wealth of nations" by Adam Smith and it's way more radical and anti-capitalist, than this anti-socialist tool.
Interestingly, someone posted another speech from this same douche and it was nuked right away. So fool me once shame on you... or something like that.
Dec 09 2009, 07:03 CET
Dec 10 2009, 08:04 CET