17:25 “The interventionists do not approach the study of economic matters with scientific disinterestedness, most of them are driven by an envious resentment for those who’s incomes are larger than their own. For them, the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs & capitalists - even if this policy victimizes the immense majority of the people.”
@2Hot23 жыл бұрын
That's like at the end of 1984 where Winston is told that the general standard of living doesn't matter, it's all about the thrill of the higher-ups stomping on other people's faces for all eternity.- straight out of a spider monkey exhibit at the zoo.
@christopherarmstrong27102 жыл бұрын
@@2Hot2 Great analogy.
@BobDingus-bh3pd6 ай бұрын
@@2Hot2”Freedom is slavery. Ignorance is strength.”
@Just_Musing3 жыл бұрын
Great book for the times we live in
@tcda96992 ай бұрын
2024 and sadly this is truer than ever.
@BobDingus-bh3pd6 ай бұрын
I just came from “Das Kapital.” Feels like a lifetime of political gaslighting to finally claw my way here. It’s all become quite clear now. Mises is the final doorway to me discarding all doubts
@abhroy4 жыл бұрын
Arrived here after watching Crossroads with Joshua Phillipp 🏆
@deirdreberger13634 жыл бұрын
Me too!
@oliveeisner89644 жыл бұрын
Same. 😎
@abhroy4 жыл бұрын
@@deirdreberger1363 . Really like Crossroads . So many new things to learn . Plus , Josh's journalistic ethics -- simply impeccable . Always presents the info minus his personal agenda , opinion or narrative . Superb really .
@jeannehathaway54624 жыл бұрын
Me too. Arrived here after listening to Joshua Phillips, Crossroads. What a great book!
@MrHhill20014 жыл бұрын
I came as well. Truly enlightened. It Cleared some things up for me.
@Greenman16096 жыл бұрын
Was surprised to see you do a Ludwig von Mises book! I have really enjoyed it so far.
@surajregmi80015 жыл бұрын
Jeffrey Gotts have you read this book. If yes can you summarize the book I’m really having hard time understanding it. Thank you
@fcwhiteagle4 жыл бұрын
0l.o
@TomBrooklyn3 жыл бұрын
@@surajregmi8001 Listening multiple times will likely help.
@LibertarianGalt9 ай бұрын
@@surajregmi8001 Socialism claims it's about liberty and equality but in reality it's just violent repression of liberty.
@VoxStoica6 жыл бұрын
Support me here: www.subscribestar.com/intpworld 0:10 - Introduction 4:35 - Chapter 1: Failure of Interventionism 19:57 - Chapter 2: The Dictatorial, Anti-democratic and Socialist Character of Interventionism 50:14 - Chapter 3: Socialism and Communism 1:19:35 - Chapter 4: Russia's Aggressiveness 1:41:00 - Chapter 5: Trotsky's Heresy 1:56:02 - Chapter 6: The Liberation of the Demons 2:17:43 - Chapter 7: Fascism 2:30:19 - Chapter 8: Nazism 2:41:08 - Chapter 9: The Teachings of Soviet Experience 3:02:50 - Chapter 10: The Alleged Inevitability of Socialism
@CloppingIsMyThing2 жыл бұрын
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself, but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” - Sun Tzu
@DrummerJacob6 ай бұрын
UFC fighter Renato Moicano sent me here. Its a strange world we live in but I'll take it.
@christopherarmstrong27105 жыл бұрын
13:42 "All the methods of interventionism are doomed to failure...these policies are therefore contrary to purpose"
@0711mama2 жыл бұрын
I feel we’ve been suffering from interventionalim and it’s now combined with extractionism at the whims of those in power.
@christopherarmstrong27102 жыл бұрын
@@0711mama Exactly. Interventionism under the guise of Woke intersectionality.
@marcinszewczyk20835 жыл бұрын
Invaluable book, thank you for sharing
@KnapperJackCrafty4 жыл бұрын
Fantastic job! Thank you so much for this reading.
@chris2pher443 жыл бұрын
Thanks, wish I could get few people I know listen to this.
@teinekenney4 жыл бұрын
Here from Crossroads with Joshua Philipp
@20082908424 жыл бұрын
Me too!
@joemckinley4 жыл бұрын
Me too
@joemckinley4 жыл бұрын
I just heard Joshua Philipp saying that Russia’s use of Facebook had no hand in the 2016 elections. This surprised me as I had drawn a different conclusion from Zucked by Roger Macnamee. I’m not sure what to believe anymore, any advice please?
@bobelschlager69064 жыл бұрын
@@joemckinley From what is out on the internet, it is natural to be confused. But with time, you - or at least I did - get more and more as to what to believe.
@EnFuegoDuo4 жыл бұрын
The most important text anyone can read on the machinations going on right now that Josh didn't mention (I'm not sure if he even knows about it), is Tragedy and Hope by Princeton history professor Carol Quigley. It was written in the 60's and outlined exactly how the trans-national Oligarch socialists had consolidated their power up to that point, and how they were going to consolidate their power globally in the future. It describes what we are witnessing today EXACTLY. Since it's 1300 pages I will link to the excellent "cliff notes" if you will: odysee.com/@joe-plummer:b/Tragedy-and-Hope-101:9 Also, if you want the full picture from one of the best investigative journalists of the past 20 years, I highly recommend www.TheCorbettReport.com. He has connected all of the dots to a terrifying degree. It's much, MUCH more serious than Biden simply winning the election, though he is the vanguard of their plans here in the US.
@jasontitlow35554 жыл бұрын
Great book and a great read (listen). Nice job on reading and recording. Thank you.
@christopherarmstrong27105 жыл бұрын
2:02:02 “It is the rule of law alone which hinders the rulers from turning themselves into the worst gangsters.”
@Freefolkcreate Жыл бұрын
And how is that, when it is the gangsters themselves who create the laws? Only the people gathered to one purpose, in one accord, can restrain the forces that would control or destroy us.
@CastleHassall11 ай бұрын
i'd argue that it is enforcement of good laws that counts..
@christopherarmstrong271011 ай бұрын
@@CastleHassall Exactly. Makes no sense if the laws are not worth the paper they're written on (e.g. Soros backed DA's in highly Blue cities & states). That's where strong-sometimes tough, when called for-leadership is needed. But, strong rule of law does act as a moral compass and checks and balances against unjust / unwanted behaviors. So I believe "the _rule_ of law" is different than mere "laws," and already implies that their "rule" (enforcement) is strongly enforced.
@Gorboduc10 ай бұрын
"No theory, no promises, no morality, no amount of good will, no religion will restrain power. Only power restraints power." - James Burnham, The Machiavellians
@BobDingus-bh3pd6 ай бұрын
@@Freefolkcreatethey literally did that with the constitution. The only law man is subordinate to is that of his creator. Every other right trickles down from there. Anyone who try’s to supplant that hierarchy is a gangster. Wether its a king, a capitalist, or a despondent laborer in rags, no one gets to impose their “plan” on us for any reason.
@joefromravenna Жыл бұрын
I’ve been meaning to watch this. Or rather I should say give it a listen. It is just so well reasoned out.
@lindimashinini72373 жыл бұрын
You could have told me that this book was written yesterday and I would be none the wiser...
@rogerpattube4 жыл бұрын
Just wanted it to keep going. More! More!
@thefrenchareharlequins27432 жыл бұрын
Did Mises inspire you to make your video on Epicureanism? I was reading Human Action, and Mises pointed out that ataraxia and eudaimonia stem from all human action being directed towards removing uneasiness. I suppose that's why both stoicism and Epicureanism effectively preach self-discipline.
@jackcarney3136 ай бұрын
Thank you! Let us get Mises out there!
@Rhygenix6 жыл бұрын
I had no Idea this channel was a fan of Austrian Economics. I wonder if they are Libertarian too...
@VoxStoica6 жыл бұрын
Yea I'm broadly Libertarian
@bobm95095 жыл бұрын
Quality content earns a sub. Bravo.
@RickMansur Жыл бұрын
The more the planners fail the more the planners playing - Ronald Reagan
@Freefolkcreate Жыл бұрын
Free markets exist when government does not. There is no such thing as a limited government. Just as there is no such thing as a wolf that will not eat sheep.
@zell90582 жыл бұрын
Very well read.
@lolmenx42 ай бұрын
Thanks to my german economics teacher for opening my eyes on the state.
@mileshall9235 Жыл бұрын
Classic. Read well, also. Thanks.
@andriusbrah6 ай бұрын
Who's here after UFC fighter's post fight speech 😂❤
@JHohenhauser5 жыл бұрын
Looks like I can't escape MBTI. Either way, credit to KZbin for recommending this to me.
@benleon927 Жыл бұрын
I'm here as an anarcho-communist with an open mind, something I wish more people across the political spectrum would be
@BobDingus-bh3pd6 ай бұрын
Well I’m an anarcho-capitalist who just came from “Das Capital” and “ABCs of dialectical Materialism” so there you go.
@samuelmatz3 ай бұрын
This is an important part of educating the general public. Adam Smith would be smiling down on you. Each generation needs to go back to the classroom of Economics.
@thesinofpride94333 жыл бұрын
Austrian Economics for the win!
@thefrenchareharlequins27432 жыл бұрын
do Man, Economy and State next
@ancientnpc10 ай бұрын
2024, even more relevant.
@donnathedead75542 жыл бұрын
Interesting how capitalists want to regard fascism as a form of socialism, while socialists consider it an extreme version of capitalism. It's the adult version of "I know you are, but what am I."
@vegvisirphotography56322 жыл бұрын
And your dad told you Santa existed, which was a malicious lie. Giovanni Gentile was the editor at large of Italy's most popular MARXIST publication. He was frequently pictured with his comrades, as a paid up communist party member. I'm looking at 2 years worth of pictures in 1918-1920 when Adolph was wearing his communist party colours. Both socialists. Both of the national variety. Opposing globalism. A national socialism, though fascism and national socialism is different. Black people were in Mussolini's govt. Muslims. Protestants. Catholics. Jews. No camps. A form of ultra national socialism. He opposes religion. There is nothing right wing about fascism or national socialism. The far right is the realm of religious purity and absolutism. An eye for an eye. Ultra conservative is not ultra nationalist. Nationalism is not left or right. Scotland today has a left wing nationalist party, who use ultra socialist idologies. Yes, you heard. I tell you this as someone with a dissertation on Giovanni Gentile, and a former Marxist.
@vegvisirphotography56322 жыл бұрын
Your only argument will be to lie, and tell me with a straight face that they weren't marxists because Marxism dictates that there is no state. Stalin's Vanguard and Mao's CCP. that's that over already, before you even got a chance to type.
@donnathedead75542 жыл бұрын
@@vegvisirphotography5632 Who are you talking to?
@adolphdresler3753 Жыл бұрын
@@vegvisirphotography5632 Santa did exist (from 270-343 AD). And your referring to the SNP I suppose?
@user-hu3iy9gz5j Жыл бұрын
The free market ideal under classical liberalism and libertarianism to the extent these ideologies have been used, are the ”extreme version of capitalism” and fascism is not. The socialists’ prime argument is that ”capitalism will lead to fascism or corporativism”, rather than to equate these ideologies. The fascists’ argument is comparatively simular, namely that capitalism paves the way for socialism by housing the same materialist principles as well as holding simular utilitarian ambitions. Since seperation of powers is likely the most central thesis in the liberal ideology and Socialism and Fascism equally disregard this as fiction, I think if nothing else, we can safely assert that Socialistic and Fascistic views on power are more closely related than either are to Enlightenment liberalism
@kettlecrush7 ай бұрын
From UFC to Ludwig Von Mises , who would have guessed eh
@theArkit3cht2 жыл бұрын
1:21:21 This is exactly the same Russian aggression tactic used in Ukraine today. The justification for Russian aggression in Ukraine is to defend against fascists. The same was true in the 40s, 50s, 60s, etc. The parallel is uncanny and amazing that this book was written in the 1940s and addended in the 1960s. Old is new, again.
@vegvisirphotography56322 жыл бұрын
Slava Russia 🇷🇺🇷🇺🇷🇺🇷🇺💙❤️💙❤️
@Dad-Gad2 жыл бұрын
Yea , and NATO has absolutely nothing at all to do with it , or the fact that there's been a conflict ongoing in the Ukraine since 2014 ........
@Davehatessocialists11 ай бұрын
That comment didn't age well did it?
@theArkit3cht11 ай бұрын
@@Davehatessocialists I’m unsure what you mean. My comment stands. It’s the same tactic of false flag event to enter war.
@youarewrong55238 ай бұрын
@@Dad-GadNATO is not a unified bloc but rather an organization by individual nations who joined willingly, which would render mutual defensive aid to each other in the event of an external force. Contrary to what you’d believe NATO does not exist to deter Russia, but rather to prevent inter European wars. For example: Belgium’s nato guarantee doesn’t exist because of Russia - it exists because of Germany, and France. Russia falsely claims Ukraine is an artificial state yet internationally recognized their borders on multiple occasions. The entirety of Russian history is inexorably linked to the creation of Kyiv by Swedish Rus-folk. You claim the west is weak and incapable of power projection but in the same breath claim that everything negative is due to American influence. Eventually axioms appear and Russia’s degradation to a local/regional power is absolutely visible. If you’re retarded enough to disregard demographic data posted by those nations themselves, you’re going to be in for a very rude awakening when your worldview becomes shattered.
@bladeflapUH604 жыл бұрын
Back in the USSR (United States Socialist Republic).
@victimofharassment74353 жыл бұрын
Thanks
@bentandreassen10532 жыл бұрын
Thanks for sharing. However, MIses is not pronounced like 'nice' or mice (plural). It is pronounced like in 'niece'. It is Ludwig von *Mieses*. It is a German/Austrian name. But thanks for the job. Hope someone can correct how to pronounce Mises.
@armstrong20525 жыл бұрын
Anyone know the year this was originally written?
@VoxStoica5 жыл бұрын
First published 1947. I think this version was updated 1961
@armstrong20525 жыл бұрын
@@VoxStoica thanks, I really appreciate your time in replying. 😁🖖
@KFc-pm1rz4 жыл бұрын
Recommended to here from crossroads joshua philip. Last journalist in America.
Socialism is capitalism, state owned. All ism's (least of all capitalism) are compromised by hypocrisy/corruption)
@LanaW1233 жыл бұрын
Like Idiotism and Wokeism nowadays
@vegvisirphotography56322 жыл бұрын
I appreciate seeing Antifa larping around demanding the abolition of the entire state, opposing all corporate entities. Fully funded by Black Lives Matter Corporation. 2+2=4 A Woman is an adult female. 😘
@bigjuice58217 ай бұрын
CHAMA 🔥🗿 Money Moicano 💰
@LonzoZotyАй бұрын
2:02:28
@dioc869910 ай бұрын
1:13:12
@questioneverything24692 жыл бұрын
56:00
@BlergleslinkVettermoo3 жыл бұрын
Narrator mispronounces "von Mises" in first ten seconds. I believe "Mises," correctly pronounced, should rhyme with "cheeses".
@clarino2 Жыл бұрын
I thought the opening of this book was about the Democrat Party in the 21st century.
@eduard-adrian47786 ай бұрын
13:15
@nicholasleclerc15833 жыл бұрын
27:45 "The only means to acquire power and to preserve in a market economy not altered by a government-made privileges and restrictions is to serve the customers in the 'best' and cheapest* way." Pff, yeah, I guess it's just harder to direct differently all those hundreds of millions of people to value things and obtain them by minimizing the amount of objective and emotional dissatisfaction & disenfranchisement in such a succinct way, right ? There's still some enforcement and restriction left; and requirements (money) to obtain smth can still be lowered, but it's literally that our individual actions would be tied to the requirements and requirements and hardships for everyone else if we get it more easily; everything is freaking tied in, and that' supposed to be "optimal", because we can only think of the government (when it's theoretically/ideally not corrupted nor has a secret agenda) as doing the same action of getting for free in our place, right ? It's the government. And it's 2021. Can't it try to affect the pricing of the companies themselves ? We know how investments can be risky and yet allows for increased purchasing power in the consumer base ever so slightly by giving away money with trust without having immediately/automatically exchanged with smth of equal "value" in the first place, can't the government due these kinds of "investments" of a different nature than getting translating or defaulting those prices to other people ? If it transcends the market ? I'm not convinced on that idea yet, but it sounds like we can do more and have not enough yet, if even just that general idea just above, not even in theory And sure, you could say that Socialist Statism differs from all other forms of authoritarianism in that it intentionally works "for" the people, but not necessarily "by" it, and more directly by taking the responsibility for obtaining needed/demanded goods away from their ability to "earn" it in the however ultimately subjective and changing ways that employees can value whatever activity (i.e. "labour" that you can offer them); which means that your value fluctuates with time, *inherently* , because of others' unchecked changes, and thus can f*** over you over without you even knowing it nor caring; it's not like either the organic/artificial price setters know much about the macroeconomic situation and the status of their consumer base before deciding how to price their objects or to decide what to do in the current quarter and the upcoming ones, and it's not like their "rational actors", same with teh consumers, they might not know as much as they should in order to complete what they need to do in the "democracy" of the marketplace, or to keep the companies sharp, with them being trapped and harmed by their own hubris or complacency...)
@deanna14105 жыл бұрын
Businesses will take advantage of workers at every opportunity, you do need intervention to prevent that. Workers need to be able to have health and safety on the job.
@@Qingeatonof course not. Every schmuck that hasn't run a business has the same reply.
@porcudracului6 ай бұрын
Nope. That's why you need a strong competition, it's the only clear way to avoid worker mistreatment. If owner 1 treats you badly you go to the next one and so forth until you find your place. If you don't l, then it's you who has to change, not the owners
@LanaW1233 жыл бұрын
America in 2020.
@AncientRylanor696 ай бұрын
r
@doublenegation78705 жыл бұрын
This is the silliest historical revisionism, I can't take this ideologue seriously. Sloppy scholarship, junk premises, hasty inferences, and caricatures of every position that isn't his philosophically puerile individualism.
@patricksachs36555 жыл бұрын
double negation- His economic theories have already been born out through empirical data and embraced as economic truths, although ignored (never refuted) by Keynesians and Progressives. Instead of offering shrill drive-by commentary, feel free to offer a well-reasoned counter argument. Of course to do that, you will actually have to learn (and be able to understand) what Mises has written. Until then, kindly shut the f**k up and go troll somewhere else.
@doublenegation78705 жыл бұрын
@@patricksachs3655 you seem REALLY upset...
@patricksachs36555 жыл бұрын
@@doublenegation7870 Not at all. Just giving your comment the respect it deserves.
@doublenegation78705 жыл бұрын
@@patricksachs3655 settle down, dude. It's only the internet... take a deep breath.
@rogerpattube4 жыл бұрын
"double negation" alright. Let's have those examples then?
@MrYurtex6 жыл бұрын
I must warn you that almost everything that he talks about Russia and revolution of 1917 is utter rubbish. Clearly misinformed, poorly simplified and biased veiw, on extremely complex events.
@TheKlink5 жыл бұрын
Got an example??
@DKMperor4 жыл бұрын
How is he wrong? genuinely curious
@sheiguan22024 жыл бұрын
He is still working on his comment it appears.
@LanaW1233 жыл бұрын
@@DKMperor learn more about Russian revolution 1917. Certainly the most critical event and time in the world history. Very interesting, very shocking, very educational how to prevent that monster from starting. America is doomed now. I was born in Soviet Union and trying to scream about 1917 revolution.