The Philosophy of Liberty
Uploaded by: FreeKeene
Video Description:
In eight minutes, you'll understand Liberty.
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Tags for this video: anarchist anarchy free freedom libertarian liberty market
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unclebanana
If you did that in a free market, a competing producer of penicilin could always undercut your prices.
In the history of mankind, no mechanism has proved so efficient, as to making supply meet demand as the free market and open competition. This is why people in capitalist countries has much better access to penicilin, food and other amenities.
The only society were one instituion owns all the penicilin, is a socialist or fascist society. And that institution is the state.
People in capitalist countries have better access to penicillin eh? Countries like Peru, El Salvador, Honduras, Panama, Thailand, Chile and Ecuador?
this means that while contributing NO labour themselves they gain capital on the wealth they already have acrued from those who ARE actually contributing labour in order to make a living. This is a form of... slavery!