A great deal of it rang true for me, but I am not a good judge.
Ya, that video is pretty much trash. It started out like it might have a point but eventually missed the boat all together.
It pretty confirms how I think iberals think.
Here is the problem with this guy's argument.
He completely leaves out ability, effort, risk, and coordination when he tries to explain the problem with capitalism.
What Liberals do not understand is just how hard it is to run a business or innovate. The reason why socialism cant work is because not everyone will put in the same amount of effort, time, risk, money, etc..into a project. There huge varying degrees of ability and effort from one human to the next. Its demonstrated every day.
The other huge problem is coordination. People coordinate and are willing to do something because of incentives.
Good ****ing luck trying to get people to work together and put in the same amount of effort if everyone is paid the same and there is no hierarchy. This right here is the main problem with the liberal utopia ideas.
Im sorry, but I have worked with plenty of unmotivated dumbasses to know that I want nothing to do with socialism.
Yes the guy who dedicated his life and worked 15 hours a day 7 days a week trying to get his business off the ground deserves the rewards of so much sacrifice he put in to make it happen. The stoner idiot who puts in 8 hours, half asses his job, deserves whatever the hell the guy who started the business willing to pay him.
What do you think. We can just put anyone in charge of running a complicated huge engineering firm? Just draw straws out of hat something.